I was curious if anyone could justify the price hike on more detail, better selection of decoders and so on..
Those things don't really matter in a non - competitive market ,The level of detail only matters to the extent that the manufacturer meets the minimum expectation of the potential buyer.
Model railroading rolling stock is and has been a non - competitive market ,If I,m the only "manufacturer" that has a given car painted in the livery YOU want , you pretty much half to pay whatever I,m asking , what anybody else has or does is irrelevant.
Thirty years ago things were different , manufacturers actually made things instead of contracting manufacturing out, They had permanent workforce and capital investments that they had to keep running to pay the bills , so rolling stock was continually manufactured . That forced manufacturers to keep prices at a cost + reasonable profit (manufactured good) . They had to look for ways to keep sales up and the workforce /taxes paid ...enter limited run liveries and later numbered sets . You could buy a whole 12 car numbered set for what one car sells for now. Then they wanted to sell more , now they want to sell less at a higher margin by under supplying the market .
I am all fine with paying more as a supply and demand issue and I am aware this industry faced some real challenges when covid hit..
Covid only exacerbated a problem that was already present , Model railroading boomed in post war years because of the "Boomer Generation" .That generation is now dying off at an increasing rate.
BoatWrench : Younger people aren't coming in because model railroading takes a lot of space and with increasing real estate prices ...RC cars ,drones, video games ,ect leads to increased competition for free time /space. It is not a problem that is unique to model railroading .
Makes me wonder how long these modern day creators of these very detailed/high price cars can continue to stay in business? If they happen to make a mistake in choosing their next prime product, and don't find that many enthusiastic buyers , things can go sour quite quickly,...cash flow.
Brian : Thats part of what "advance reservations" are for. It lets them gauge the market , and then they deliberately under supply it .If they think the market is 10,000 they only order 4 or 5,000 , that means their guaranteed to sell out in 90 -120 days at full retail or maybe 20 % under.
The only thing thats likely to kill them off is pricing themselves so far out of the market place , that buyers look for some other way to spend their free time.
One of the biggest indicators to me of a shrinking market was the way MTS shutdown. If we were in an expanding market or even a stable market , either a existing corporation or private capital would have swooped in and purchased it lock stock and barrel and continued to operate it, make it more efficient and then sell it on at profit. Instead it was sold off piecemeal with competitors buying only the hard assets .