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Was anyone else depressed when...

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Was anyone else depressed when...
Posted by grandeman on Thursday, September 22, 2005 8:24 AM
Was anyone else depressed when Walter's bought out LL? I know Walther's is a grand old model railroading company, but have you seen the prices of P2K stuff in their recent flyer? I've not paid over about $55 for a P2K loco up until now and now this. I hate to say it, but I knew it was coming when the news of the buy out broke. Oh well, I guess it's on to Atlas, Stewart and Kato. I've been wanting to try those brands anyway...
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Posted by davekelly on Thursday, September 22, 2005 8:40 AM
Grandeman,

Remember what is listed in the Walthers flyer is the MSRP. Did you purchase your previous LL engines at MSRP or at a discount. I believe that if you do some checking (ie: Model Railroader Product Reviews) you'll find that the MSRP for those engines you bought were higher than $55.00. I haven't noticed any significant price increase for LL locomotives from the discounters lately.

Dave
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Posted by jrbernier on Thursday, September 22, 2005 8:43 AM
The P2K stuff has had a high MSRP from the beginning. The old ph2 GP9's were about $90 MSRP, but you could get them for about $40-45 'street price' from several vendors via the internet/mail order. The last run of 'sound' ph1 GP9's were about $250 MSRP, but I bought mine for $160 via email.
What may very well change is that we will not see the 'deep' discounting. Life-Like appears to have sold to very large discount dealers for 'wholesale' price, and many times appears to have cleaned out the warehouse(like all of the leftover E's) at rock bottom prices. I sort of doubt that we will see that again. I do expect to see mail order discounts in the 20% range.
The other item I am going to watch is the accuracy. P2K seemed to be very good about painting/numbering engines with the correct schemes/road numbers. I hope that is not lost on Walthers. Walthers has not done bad in the past few years, but they seem to research more modern stuff much better than older items. For example, the 'Heavyweight' passenger cars are nice; but they tend to 'broadbush' the paint schemes and the included lettering sometimes is of questionable accuracy. That said, the cars are nice and are so much better than what we had 20 years ago!

Jim Bernier

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Posted by Anonymous on Thursday, September 22, 2005 8:57 AM
I wonder if Life-Like spun off the "toy" division because it wasn't paying for itself, something that Walthers apparently does not follow as a business model. Besides someone has to pay for all the loss line business going to Wal-Mart in slot cars. We will have to see what the street pricing shakes out to with baited breath.
Heck of a way to run a railroad!
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Posted by loathar on Thursday, September 22, 2005 8:58 AM
I got sticker shock when I got that flyer too.Maybe they'll come down when no one buys them at those prices. The 06 Walthers catalog has about 60 more pages this year do to the LL stuff.( $23, ouch!)
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Posted by grandeman on Thursday, September 22, 2005 9:02 AM
QUOTE: Originally posted by loathar

I got sticker shock when I got that flyer too.Maybe they'll come down when no one buys them at those prices. The 06 Walthers catalog has about 60 more pages this year do to the LL stuff.( $23, ouch!)


I'm sitting here looking at a GP20 listed at $165, no sound or DCC![:0] I know that's retail but wow!!!
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Posted by loathar on Thursday, September 22, 2005 9:09 AM
I meant $23 for the new catalog, but yea, $165 for a GP 20 !!??? I won't be grabbing any of those up.[:O]
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Posted by MisterBeasley on Thursday, September 22, 2005 9:44 AM
Remember, Life-Like could have been bought out by Investment Capital types with no knowledge of, or interest in, model railroading. They would have re-tooled all the train production facilities into the more lucrative slot-cars-for-Wal-Mart business, and left us with nothing but the Proto inventories still in the warehouses.

It's always better to have more, rather than fewer, manufacturers. If that can't be, though, I think we're a lot better off with Walthers than we would be with the likes of WorldCom or Enron.

It takes an iron man to play with a toy iron horse. 

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Posted by cacole on Thursday, September 22, 2005 10:03 AM
I never purchase directly from Walthers -- even their "sale" prices are higher than what many on-line retailers are charging for the same items. Even the Walthers catalog can be found for around $14 if you look around.
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Posted by rolleiman on Thursday, September 22, 2005 10:23 AM
QUOTE: Originally posted by cacole

I never purchase directly from Walthers -- even their "sale" prices are higher than what many on-line retailers are charging for the same items. Even the Walthers catalog can be found for around $14 if you look around.



Or the Walthers Catalog can be found free, online.. All scales too.. It doesn't really matter to me who manufactures the stuff, it'll still be in China.. Don't like the price, don't buy it..

Jeff
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Posted by davekelly on Thursday, September 22, 2005 10:45 AM
QUOTE: Originally posted by MisterBeasley

Remember, Life-Like could have been bought out by Investment Capital types with no knowledge of, or interest in, model railroading. They would have re-tooled all the train production facilities into the more lucrative slot-cars-for-Wal-Mart business, and left us with nothing but the Proto inventories still in the warehouses.

It's always better to have more, rather than fewer, manufacturers. If that can't be, though, I think we're a lot better off with Walthers than we would be with the likes of WorldCom or Enron.


[#ditto][#ditto]
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Posted by icmr on Thursday, September 22, 2005 12:10 PM
No.



ICMR
Illinois Central Railroad. Operation Lifesaver. Look, Listen, Live. Proud owner and user of Digitrax DCC. Visit my forum at http://icmr.proboards100.com For God so loved the world, that he gave his only begotten Son, that whosoever believeth in him should not perish, but have everlasting life. Let every thing that hath breath praise the Lord. Praise ye the Lord. Dream. Plan. Build.Smile, Wink & GrinSmile, Wink & Grin
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Posted by Anonymous on Thursday, September 22, 2005 12:42 PM
Not really. I was never really that big a fan of P2K (or Walthers) anyway. I have a few of their locomotives, they're pretty nice, but I'll stick with Athearn, Atlas and Kato.
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Posted by Anonymous on Thursday, September 22, 2005 12:57 PM
I used to be a confirmed athearn junkie, because they had the same stuff that Proto-2000 was coming out with, at alot lower prices. Why pay $75,00 for the Proto-2000 GP-7/9/18/20/30/35 when Athearn for my needs had similar locomotives to so the same job for $29.95. (This was the pricing at what was then my LHS) Then irv died. The prices went up, and up and up and up and up and up and up. Now my $29.95 GP 35 isn't even around in the same guise any more. Replaced by some RPP shell, Its only sold ready to run, and they don't even offer undec. The GP-7 is gone. along with their SD-9 and we havn't even gotten into the other stuff.

Then Horizon buys them out and really screws stuff up.

When I furst heard that Walthers was buying proto-2000 so it could have a longer and more sustaind production run as well as relaible supply I thought that would be a good thing. But now that I see they trippled their prices, I am not so sure. The prices they are asking, I can buy brass stuff for that. Since brass has a certain preistage that plastic doesn't, thats what I am going to do. Probably the only exception will be anything released in GN Big Sky Blue.

Then as much as a free radical as I am, I think I might go scratcbuild me a GP-9 or something to.

Just my [2c]worh
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Posted by DavidJ611 on Thursday, September 22, 2005 1:08 PM
QUOTE: Was anyone else depressed when Walter's bought out LL?

Yes, I was saddened to hear they got gobbled up. Not anything against Walthers, personally, but the first and foremost effect you mention (economic) is a concern of mine. Now with Walthers single-handedly controlling product distribution, we'll all have to pony up more $$$ for their cut on each new piece--with no added value to the end customer.

Additionally, I am concerned that:
1) Walthers will not maintain the same stellar customer service that LL provided.
2) Issue of new products will be even more limited and they will be harder to get a hold of. (Can you say "Backorder"?[:(])
3) Product information is already suffering. LL used to have an excellent product website that catalogued both present and past product issues, but alas, it is no more. [sigh] In comparison, the Walthers listing is weak. [V]

I hope WKW proves me wrong.
-Dave
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Posted by davekelly on Thursday, September 22, 2005 1:19 PM
QUOTE: Originally posted by DavidJ611

Now with Walthers single-handedly controlling product distribution, we'll all have to pony up more $$$ for their cut on each new piece--with no added value to the end customer.



I'm thinking that Life Like's previous owner also took a cut, so hopefully it will be a wash.
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Posted by orsonroy on Thursday, September 22, 2005 1:21 PM
QUOTE: Originally posted by grande man

Was anyone else depressed when Walter's bought out LL?

Not in the least. Life Like is a foam cooler manufacturing company, which dabbles in toy trains. All Walthers does is model railroads, so it seems like a great transaction to me.
QUOTE:
Oh well, I guess it's on to Atlas, Stewart and Kato. I've been wanting to try those brands anyway...


Stewart was bought out by Bowser before Walthers bought LL. Haven't heard anyone crying over that...

Ray Breyer

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Posted by Anonymous on Thursday, September 22, 2005 1:38 PM
I worry about Walther's "retiring" stuff at their will, leaving you to search elsewhere,also they always seem to be "on order" FWIW, comparing Irv's early diesels to P2k's detail, is like comparing apples to the crate they're shipped in.
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Posted by rrinker on Thursday, September 22, 2005 1:50 PM
QUOTE: Originally posted by orsonroy

QUOTE: Originally posted by grande man

Was anyone else depressed when Walter's bought out LL?

Not in the least. Life Like is a foam cooler manufacturing company, which dabbles in toy trains. All Walthers does is model railroads, so it seems like a great transaction to me.
QUOTE:
Oh well, I guess it's on to Atlas, Stewart and Kato. I've been wanting to try those brands anyway...


Stewart was bought out by Bowser before Walthers bought LL. Haven't heard anyone crying over that...


No, because nothing changed other than Steve Stewart is not involved in the day-to-day operation of the company anymore. Bowser has a reputation for continuing to produce te same items on a continuous basis (witness steam loco kits that go back to Penn Line from the the 40's!), unlike Walthers which has a reputation of retiring items after a short production run, sometimes to reappear, sometimes not. I'm not faultign them for this, they've managed to stay in business over 70 years so they must be doign somethign right, perhaps it was just that Life-Like overproduced everything which makes it possible to get even long discontinued items at a fair price, instead of collector-level pricing.

--Randy

Modeling the Reading Railroad in the 1950's

 

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Posted by grandeman on Thursday, September 22, 2005 2:00 PM
My concern is that someone building a new RR that needs, say, 25 locos is gonna get hit hard at $165 apiece. I know the discount price will be better, but the days of $50 P2K locos are numbered.
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Posted by Anonymous on Thursday, September 22, 2005 2:08 PM
if a guy builds a layout that needs 25 locos. i'm sure he can afford it.....
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Posted by selector on Thursday, September 22, 2005 2:31 PM
I experienced some reservations, but, what'r ya gonna do? They are the nicest locos for details in the Heritage range, if light pullers, and I'd hate think that that nice Berk might disappear before I ever get one...can't think when that'd be since I just blew a ton on two locos.. And I'd like to know I can replace my Heritage USRA 0-6-0 if I ever have to.
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Posted by trainboyH16-44 on Friday, September 23, 2005 12:28 PM
So, this is a bad thing? Will it ruin P2K and turn their GP20s into retooled Trainline GP15-1s? I have no idea what's going on, but I love P1K and P2K. Will this affect them in any negative way?
Trainboy

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Posted by davekelly on Friday, September 23, 2005 1:14 PM
We'll just have to wait and see. I'm thinking that Walthers bought Life Like for a pretty penny, paying for it through debt. Life Like seemed to be running pretty well (except for some gear problems on earlier models). If Walthers is smart, and I have no reason to believe they are not, they'll continue to run the company just like it did under Life-Like ownership and then the corp. that had it in the interim. Should be interesting.
If you ain't having fun, you're not doing it right and if you are having fun, don't let anyone tell you you're doing it wrong.

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