Determining used camera values - Nikon

Discussion in 'Nikon' started by randy_jk, May 12, 2004.

  1. 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.
     
  2. 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!
     
  3. 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...
     
  4. 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.
     
  5. 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.
     
  6. 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?
     
  7. 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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