Quote:
Originally Posted by jayshum
Thanks for the info, but if they're paying dealers 95% of their listed prices, I still don't understand how the repacked cards can be sold so that both buyers are saving money and repackers are making money. There's only a 5% margin to work with. Am I still missing something?
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They make money by overcharging for the floor value of the product – e.g. the cheapest card in the product is $75 but buying the repack costs $115 – and on pure volume. I used to move a couple thousand worth of inventory to a repacker every month and it was only about 10% of what his monthly buying volume.
Also, 95% is on the higher side of what repackers will pay. Typically they're around 90% of average comp.
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T206 Backs: 5/41
Frank Chance Yellow Portrait back Run: 1/??
Successful transactions with: t206kid, rootsearcher60, 36GoudeyMan, 53toppscollector, Scott L, horzverti, YazFenway08
Also on blowout! Same username.
Flippin my way to a PSA 1 Eddie Plank
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