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I just feel that they are incredibly overpriced. The one in my LHS is selling the Tamiya M1A2 OIF for close to $200.
I occasionally build for others and $200 for a stock M1A2 is actually quite sheap.
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I suppose if you account for man hours, paints etc, it would be about half that
The paints & the kit are a very small portion of the price. As with everything else, it's the labour that costs the money. I only make spare modelling money form my sales, but I still want a reasonable return on my time. I just finished a stock build of an MPC X-Wing for a customer and it took probably 30 hours to make & paint it (mostly becasue the basic kit is so ghastly). The kit was bought for me, so the $150 I charged worked out to abuot $5 per hour. Not much is it? Sure there is the fact that I like building models and that offsets some of it. But yuo are also building for someone else and to their taste. Normally I quote it out at abuot $10 an hour for a simple build, but in this case I underestimated the time needed to turn the sow's ear into an approximation of a silk purse. :-)
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but if i paid that kind of money for a ready made model, SWMBO will most certainly issue out a lady slappin. :-)
Oh, I agree. I would never pay for that myself, but on the other hand, I can do it myself. There are those who either can't build to the level they like (like my customer) or or can't build to the level of the model for sale. Either forms the basis for the desire to buy a built model.
Trying to make a modest return on your time, though is what makes a built model so "expensive". If you were to have a professional model maker (like the ones used for museums or architecture firms) make that same model, my paltry $10 per hour would have to go up to something like $40-50 per hour to pay for overhead & the like and my $150 model would end up being $1200 for the same relatively low level of accuracy or much, much more for a really detailed model.
I once knew a professional model shipmaker who, in the mid '70's, mind, was getting $10-$15K for a rigged ship or oil rig model that would take him 3-4 months of work. That was a LOT of money in those days, yet he still didn't live high on the hog because those contracts didn't come around too often. Just goes to show a lot of things go into making a selling price.
Good discussion,
Paul