Bulk buy job lots for presents

Oh has been looking to start up his own shop recently and has been looking at stockists for the shop where his friends work (He goes down there then gets sent away with things to do like looking for new stock lines etc that noone there can be bothered to do..) and whilst hes been looking weve realised how many places sell bulk lots of toys.

There are wholesalers but obviously these generally are only to trade sellers, however If you buy a bulk lot of toys (say 6 of the same item) and you only want one or 2 as gifts, then you stick the other 4 on ebay youve paid hardly anything for the actual gifts.. saving you money on your presents and making (possibly) a little extra on top!

theres also people who sell job lots on ebay of mixed boxed toys, theres lots of party bag/pound type toys but if you are willing to put in the time theres quite a few bargains to be had, were buying a couple of lots but any bits we wont be giving to our kids / family we will sell on making back quite a bit of the price weve paid out.

anyone else done it? anyone else considered it? or is it going too far?

Replies

  • mrsHall2b wrote: »
    Oh has been looking to start up his own shop recently and has been looking at stockists for the shop where his friends work (He goes down there then gets sent away with things to do like looking for new stock lines etc that noone there can be bothered to do..) and whilst hes been looking weve realised how many places sell bulk lots of toys.

    There are wholesalers but obviously these generally are only to trade sellers, however If you buy a bulk lot of toys (say 6 of the same item) and you only want one or 2 as gifts, then you stick the other 4 on ebay youve paid hardly anything for the actual gifts.. saving you money on your presents and making (possibly) a little extra on top!

    theres also people who sell job lots on ebay of mixed boxed toys, theres lots of party bag/pound type toys but if you are willing to put in the time theres quite a few bargains to be had, were buying a couple of lots but any bits we wont be giving to our kids / family we will sell on making back quite a bit of the price weve paid out.

    anyone else done it? anyone else considered it? or is it going too far?


    You would need to register as a business as you are actually buying items purely on the basis of reselling them. Any profit you make you will be taxed on. Just bear that in mind as it means the saving you might have made gets eaten in to when you have to pay tax.


    Sorry if you'd already thought of it, I just thought I'd bring it up in case you didn't realise.


    The other problem is, you might not sell the extras for ages so have to store them somewhere and often prices of toys come down quite a lot, so you might not sell for as much as you thought you could. My friend bought her daughter one of those Leappad things for xmas last year, paid around £85. I got one in the sale on Boxing Day for £60!
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