+- Madison Motorsports (https://forum.mmsports.org)
+-- Forum: Madison Motorsports (https://forum.mmsports.org/forumdisplay.php?fid=3)
+--- Forum: For Sale/Trade, WTB (https://forum.mmsports.org/forumdisplay.php?fid=9)
+--- Thread: Anybody sellin' worker credits? (/showthread.php?tid=2812)
- Mike - 09-16-2005
but... in essence the credits are as good as cash. joe schmoe could paid his 300 and be on the track just the same as me. there is really no reason to take credits.
- Evan - 09-16-2005
There is no "set value" Matt, thats the point. Its a marketplace. Its much more convenient to just sign up for a NASA event if you are paying $300. Therefore, to sell credits there must be a discount over the regular registration.
If the credits are worth more than that to the seller, they dont have to sell them.
Dragon Wrote:By discounting your worker credits you're in effect saying that you're not worth what you actually got compensated for.
this is reason #1 why I dont think workers should be paid in $$. It just turns it into a job, which is not what flagging is all about
- Sijray21 - 09-16-2005
Evan Wrote:this is reason #1 why I dont think workers should be paid in $$. It just turns it into a job, which is not what flagging is all about
i actually wouldn't mind credits since i have the dedicated funds already for NASA. When i got paid i used the cash for stuff like beer and food. I wish i had more credits b/c now i'm paying for the sessions.
- BLAIR - 09-16-2005
everyone is making great points.. but back to the subject.. how much should I sell my credits for??? i dont see myself using them anytime soon and I could use the money.
i have 2 full weekend of working credits so that equals enough for a weekend for free... 32 credits i guess.
not really looking to sell the for alot less than they were worth to me cause in that case id just save em. but i do understand that i cant ask 300 bucks for then cause someone could just as easily pay that regular price.
so whoever is interested PM me here or AIM me at Yelloa3gti
- Sijray21 - 09-16-2005
wish i found this before i registered today for Oct.... :x
- Chris - 09-16-2005
BLAIR Wrote:everyone is making great points.. but back to the subject.. how much should I sell my credits for??? i dont see myself using them anytime soon and I could use the money.
i have 2 full weekend of working credits so that equals enough for a weekend for free... 32 credits i guess.
not really looking to sell the for alot less than they were worth to me cause in that case id just save em. but i do understand that i cant ask 300 bucks for then cause someone could just as easily pay that regular price.
so whoever is interested PM me here or AIM me at Yelloa3gti
you've got the car now, you should get on track! Unless you really need the cash, you'll really enjoy the time and money you spent on the 240 when its out on track.
- navin - 09-16-2005
yo Blair I'm interested in your credits, umm I wont know about the financial situation till after the 21st though... phawking ocean city sticking it to me
- Dragon - 09-16-2005
Evan Wrote:There is no "set value" Matt, thats the point.How is there no set value. 32 credits = Full Weekend Driving, Full Weekend Driving = $300. Seems like a set value to me.
- Sijray21 - 09-16-2005
if you really want to put things in "value"...it's always subjective
there is a Price for a service - $300 for participating in an HPDE. Price and value are different. You maybe able to sell the credits at a higher or lower price depending on what kind of value is set with the seller and buyer. The buyer may want to pay more for credits that hold a price of $300 because he realizes that it came from a safety worker that worked an event. Others will not want to pay more than the price ($300) simply for financial reasons. And further more others will not want to pay near $300 for "fear" of hassle regarding NASA to respect the credits. As we all know this is not really an issue, but some people will be willing to bypass credits for the simple fact that if they go through NASA it's guaranteed they'll be able to participate for $300.
- Dragon - 09-16-2005
I realize all this, all I was saying is that there is obviously a set value for the 32 credits. The price someone is willing to pay, or the price someone is willing to part with something for doesn't always equal the value of something.
What I was trying to get at is, if it were me, and I had any intention of using the credits in the near future I wouldn't accept any less than the actual value of the credits. Someone who truly respects the effort that a worker put into earning those credits, and wants to help that worker out would pay the actual value.
- Mike - 09-16-2005
but nobody does, so that is a moot point.
sooo credits = 1 weekend or like $225
money = 1 weekend or like $300
- Evan - 09-16-2005
Dragon Wrote:The price someone is willing to pay, or the price someone is willing to part with something for doesn't always equal the value of something.no, thats exactly the value of something in a marketplace, thats the whole point.
are you a communist matt?
- Evan - 09-16-2005
Dragon Wrote:Someone who truly respects the effort that a worker put into earning those credits, and wants to help that worker out would pay the actual value.So next time you are shopping for something, and its on clearance, are you going to offer to pay full price just because thats the "set value" and the company put effort, and R&D into developing that product?
of course not, thats just not how commerce works. There is a reason why its on clearance, and to turn that product into cash, the seller must reduce the price. no different from this.
And if you want to get all touchy feeley about it and talk about the effort and work the flaggers show while we play (which I fully appreciate, dont forget i flag too) then I will tell you that still has no bearing on this conversation, and repeat what I already said:
Evan Wrote:It just turns it into a job, which is not what flagging is all aboutif you are looking for money, go get a part time job. thats not what flagging is about, whether its selling credits or getting straight cash.
Unfortunately the moral of this story is that flaggers should just take the cash payment and throw it in the bank.
- BLAIR - 09-16-2005
Chris Wrote:BLAIR Wrote:everyone is making great points.. but back to the subject.. how much should I sell my credits for??? i dont see myself using them anytime soon and I could use the money.
i have 2 full weekend of working credits so that equals enough for a weekend for free... 32 credits i guess.
not really looking to sell the for alot less than they were worth to me cause in that case id just save em. but i do understand that i cant ask 300 bucks for then cause someone could just as easily pay that regular price.
so whoever is interested PM me here or AIM me at Yelloa3gti
you've got the car now, you should get on track! Unless you really need the cash, you'll really enjoy the time and money you spent on the 240 when its out on track.
I realize this.. the 240 is more build for drifting..but im sure it would be awesome on the track too. still i dont feel that either of my cars are track ready. i dont really know why.. just the type of person who wants everything just right before I do that. so i dont see it happening anytime soon...so the money is more appealing to me at this point
- Feersty - 09-16-2005
That is why all you cats that track your cars should have workers on speed dial to snatch up those cheap credits, cause you get a discount just because you know them, and know they can't ask for $300, or else you'll give em' shit which definitely is understandable. I mean early in the club my freshman year, people were suggesting donating credits to the club, for anyone's and everyone's use, at least we have progressed to something more logical like getting some money back for hoofing it out at the track. But I respect the man that gives his credits away, but not sure if anyone actually did that, for the "club" cause.
- Dragon - 09-16-2005
Evan Wrote:So next time you are shopping for something, and its on clearance, are you going to offer to pay full price just because thats the "set value" and the company put effort, and R&D into developing that product?
of course not, thats just not how commerce works. There is a reason why its on clearance, and to turn that product into cash, the seller must reduce the price. no different from this.
Your comparison isn't valid. The cost a retailer charges the public isn't the actual value of the product itself, it's the price the retailer is accepting in order to turn a profit. Even at clearance retailers are turning some profit I'm sure. The cost of a weekend's worth of driving with NASA is a set amount that is the same no matter who you are, the same no matter what season you're driving in, the same no matter how you're paying. Yes, NASA is still a business and has to turn a profit as well but it's not as if they are a retailer reselling the same product they have purchased themselves at a higher price in order to turn a profit. They rent the track, they pay for certain workers, they pay for accomodations, they pay for food, and they set the cost of entry in order to cover all that and also have something left over for themselves afterwards.
If this was a situation where the registration for a NASA event was handled by a 3rd party who marked up the cost of entry in order to turn a profit on top of the cost that they're actually sending to NASA for each entrant your comparison would work. It's not like the entry fee for a weekend at Summit is higher than it is for CMP, or gets lowered because there's still so many available slots two days before an event.
To answer your question though, hell no I wouldn't pay the original price if it was marked down to a clearance price. That's retail though, it's different from this situation. Along that same line, say the actual manufacturer of a product who sets the price they sell it for at the amount in order to keep afloat is selling something at clearance. I'm going to take that price as well, because if they're willing to accept less for something then that's their decision and I'm going to go with it.
As I said before what it boils down to for me is that I wouldn't accept less than the trade in value of the credits if I had any intention of using them myself in the near future.
- Sijray21 - 09-16-2005
Dragon Wrote:As I said before what it boils down to for me is that I wouldn't accept less than the trade in value of the credits if I had any intention of using them myself in the near future.
that's the key. It's worth more to you than someone else who may be selling it or someone who may want to sell it quicker. The value lost in pricing the credits below the retail price ($300) is occured to the seller (worker). It is his loss if he decides to sell it lower than $300, but that cost has other effects as well, such as the speed of sale. I think eveyone knows this, i'm just pointing it out.
- Dragon - 09-16-2005
I realize what both you and Evan are trying to get me to understand. Price is always dependant on the the ability to get monetary compensation for a product/service. The point I'm trying to make is that there is a clear cut value of these credits. 32 credits = $300 (or whatever the registration fee for a weekend is). The price you're willing to sell them for is up to you. If you're willing to accept $250 for something that has a $300 value that's your decision.
- .RJ - 09-16-2005
Evan Wrote:So next time you are shopping for something, and its on clearance, are you going to offer to pay full price just because thats the "set value" and the company put effort, and R&D into developing that product?
tiny bubbles and imperfections, proof that they were crafted by the honest, simple, hard-working, indigenous peoples of . . . wherever
- BLAIR - 09-16-2005
ill sell my 32 credits (whole weekends worth) for $250