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Determining used camera values - Nikon


randy_jk

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I have some older gear that I want to sell - A Nikon FE and 3 lenses in exceptional

condition and an older F2 and lenses in lesser condition. I even have an old Rolleiflex 3.5.

I checked out the KEH catalog and was surprised by the high asking prices of used manual

Nikon gear. But when I notice prices received by private parties, the prices are far lower,

especially Ebay. Any advice you would have to pricing expectations and setting prices for

this type of gear would be appreciated. 2 of the FE lenses in particular show high prices in

KEH, the 28 2.8 and the 105 f2.5. I also have the 33-70 f3.3-4.5.

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KEH gives you a week or two : you can return the item for a refund or a replacement.

 

 

 

KEH gives you a 60-day "warranty."

 

 

 

 

Plus they pay rent, taxes, salaries.

 

 

 

 

 

On the other hand, a private seller sells the equipment and you become the new owner. Not much else goes on with a Internet deal. You can sometimes get 80 percent of the KEH price but there is no set amount you should expect.

 

 

 

 

Good luck!

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Retail stores in general will charge a higher price for used gear because they will

provide a satisfaction guarantee and possibly a 90 day warranty. They also have to

cover the cost of inspection, grading the item and any repair that may be necessary to

make the item marketable, and finally listing the item. As in used cars... trade in value

is usually low and selling price is set by market demand. Set your price based on

researching prices on photo.net, EBay and other websites and based on the true

condition of the item being sold, and provide pictures if requested. This website has

allowed me to sell several items at my asking price and the seller has little risk, just

be sure to request a money order or bank check for payment. One word of caution for

EBay - there is a mix of great and not so great buyers and sellers, so if you list an

item that the buyer does not fullfill payment on you're out the listing

fee.

 

happy selling...

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In addition to the 'warranty', I think the missing link may be the grade expectation. I buy 'bargain' gear from KEH, and I do it often. I have high expectations from it. I assume that any 'minty' ebay item offered for sale (by a stranger) is actually equivalent to KEH's 'bargain'. $95 - 139 for a 28/2.8 seems like a fair price to me. Don't expect to get $225 for it, just because KEH has a few 'like new minus' ones priced like that. Commanding the higher prices is very much about the reputation of the seller.
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If selling on Ebay, just make sure that you are selling the right day and time. For example if you're seling the same item the same time when many other people do, and only few buyers around, you won't be able to get the price that you expect. make sure the pictures you sent really clear for buyers to see...and if the item is good, do not hesitate to give a short warranty. I disagree that buying on Ebay is like buying from stranger. Some camera stores also have their auctions available there. It is all depend on how you do your selling and shopping.
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Another factor to consider is time of year. A lot of used camera

gear, particularly 35mm manual focus gear, is bought by

highschool and junior college students who have enrolled in a

photography class. Thus, there is greater demand at the start of

an academic semester when such classes begin, and lesser

demand at the end of semesters. Further, prices for manual

focus film camera equipment seems a little soft now -- rush to

digital?

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Manual focus film gear has been declining in price for a while now; I think it's worse than "soft." All the above advice is good. A lot of people put a free add on photonet for a week, and if it doesn't move, they go to the auction site. Go to "advanced search" in the search field, and search "completed items" to see what the market looks like. An awful lot of people are dumping old gear to meet the high entry fee to the digital circus. Supply exceeds demand.
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