Originally Posted by Rocky Mountaineer:
Originally Posted by rthomps:
Originally Posted by areizman:
Ditto here. I'll hold out a few years and buy one 2nd hand for 1/2 price.
Hope springs eternal. I guess.
With this loc., you might wait a long time for the price to go down 50%. A very long time....
Folks, don't you ever learn from history? Anyone who thinks this latest incarnation of the Big Boy is gonna hold its value long-term is living in la-la land -- as long as the importers continue bringing new product to market every year.
We live in an era that's driven by the technology treadmill, with even the most minor incremental new features resulting in prices of "n-1" (and "n-2") versions of a product to plummet like a boulder.
Think I'm wrong? Ask folks trying to sell JLC challengers for $900+ that were originally purchased at $1800.
What makes you think the Big Boy is gonna be any different? BTO? Hardly... I said it before, and I'll say it again... BTO is largely a marketing ploy. We're already seeing the BTO order deadline "extended" at least once.
David
Dave,
You nailed this one! Well put!
Those JLC Challengers are being bought for less than half cost! I've watched several list for $1200-1995! The one thing they all have in common? They aren't selling, and never will at those prices. The only ones I've watched sell have been in the $700-800 range...
Technology marches forward. Like it or not. Prices reflect that.
Originally Posted by Rusty Traque:
Originally Posted by Rocky Mountaineer:
We live in an era that's driven by the technology treadmill, with even the most minor incremental new features resulting in prices of "n-1" (and "n-2") versions of a product to plummet like a boulder.
Think I'm wrong? Ask folks trying to sell JLC challengers for $900+ that were originally purchased at $1800.
What makes you think the Big Boy is gonna be any different? BTO? Hardly... I said it before, and I'll say it again... BTO is largely a marketing ploy. We're already seeing the BTO order deadline "extended" at least once.
David
Righty-o.
With the "deadline" being extended several times so more folks can order it, the VLBB is going to be one of the most common locomotives out there, until the next one.
Pretty soon, folks will be posting wanting to know which cab number had the lowest production so they can see if they got the "rarest" one. (Hint: It ain't gonna be 4014...)
So buy a VLBB to enjoy, not to invest.
Rusty
Rusty,
That thread is coming, just wait! And, based on that "knowledge" they "learn" we'll
eventually see for sale ads like this: "this is the rarest of the VL BB". Who cares when they made thousands of them anyway?
I predict about a month or so after they're delivered we'll see the thread asking "who has what number?'.
People were asking in the threads what was the least ordered VL BB for a reason.
Like you, I bought to enjoy. Not sure why anyone would buy a train as investment. Poor choice if you ask me.
Anyway, I can't wait for my VL BB to arrive. It is gonna be an epic locomotive.