What's new
Pinball info

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

The OFFICIAL LICENSED 'moans about pricing' thread

Not true, the business only gets the net price of the machine when selling. Doesn’t matter whether selling to another business or not, the buyer pays tax on it. Do people really think that when you buy NIB the machine is worth 20% more than it was to the business?

You are missing my point. My point was that for the majority here, the VAT is irrelevant as they have to pay it.

If it is £8k and £1,600 is VAT, then you sell for £7k, you, as a private buyer don’t pass on the £600 VAT, it’s just wrapped up in the price.

Most on here are private sellers and private buyers.
 
This is one of the reasons I haven't brought any 'nearly new' games, in most cases its better value to get a new one ex VAT.

What happens with resellers of older games (HLD etc) They charge VAT on top, even though presumably VAT had already been payed back in the 90s?
It's a very good question, they should only be charging vat if they paid vat when purchasing. Or on the vat margin scheme, with buying and selling second hand goods, you pay a lower rate vat on any increase in value from purchase to sale.
 
Regardless of VAT, the market will always sort itself out. What you think you should be paying doesn't always correlate to what you'll probably have to pay.

Everyone waiting for nearly new recent Stern Pros for £7k may be waiting a while, or maybe not.
 
Supply and demand dictates the second hand market always, hence higher prices during lockdown, lower prices now and probably even lower prices coming thanks to Trump 2.0 .

Was just trying to make a point about the value of pins when they are brand new, I wasn't even taking into account the loss of value when no longer new in box!
 
@kev a How much does it cost to get a pinball shipped there, do you use Martin to drop off at a port?
I have used Martin before, he got my CSI from 'oop north' and dropped to the shipper in Portsmouth, the couple of new ones got shipped on a pallet, usually between 150-300
Although if selling back to mainland I would have to either pay the VAT or sell at a lower price to offset the VAT the buyer has to pay, even on old games that had VAT originally payed in the UK.

Like Triple H said, swings and roundabouts, save on big ticket items, but essentials and travel are more expensive.
 
Back
Top Bottom