Nikon D800 Used price...why so low?

Discussion in 'Nikon' started by michael_scharf, Jul 11, 2013.

  1. Hi, I've had the D70s, D300 and more recently bought a D700. I paid $1,425 for the D700 which I now realize was super cheap. I figured I could sell the D700 for a profit and buy the D800 for a little more money. I certainly don't need the D800 but I'm always looking out for the resale value and in a few years the D800 will hold it's value a little better. I sold the D700 for $1,750 and have an offer from a guy selling a D800 for $2,000. It is only has 6k actuations and comes with box and in mint condition. Is this a good price. There are people on CL pricing from $2,200 all the way up to $2,600 for the D800. Why is there such a big markdown? I'm thinking that all the pros jumped on the D800 and then decided to go back to the D700. That might be why the D700 is selling used on ebay for almost as much as the D800. Any theory on this? I probably should have just kept the D700 instead of always trying to upgrade. Thanks for any help that you can provide.
     
  2. ...have an offer from a guy selling a D800 for $2,000. It is only has 6k actuations and comes with box and in mint condition.​
    That IS a good price. Refurbished by Nikon USA they're $2349.00.
    Henry Posner
    B&H Photo-Video
     
  3. Thanks Henry. Any reason why the used price on these have dropped so low so quickly? Is it the overly consuming MP count?
     
  4. I think $2,000 is a good price for only 6k actuations.
    As per the D800 markdowns it could be due to the fact that many people went overboard last year when it was released and are not using them or underestimated the cost (moving to FX lenses, size and weight, file size), or that they are upgrading to the D800E. Is the D800E also markdown?
    I am plenty satisfied with my D800.
     
  5. ShunCheung

    ShunCheung Moderator

    Michael, may I suggest you sample more used/referb prices? I am very familiar with the D700 and D800 since I own both. I see no reason why their used prices are close. The D800 has been a very popular camera and there was major shortage of it during the first 3, 4 months since its introduction in March, 2012.
     
  6. There aren't many D800Es on the CL NY/NJ market from what I've seen so I'm not sure.

    How do I check for the left focusing issue? I want to make sure it doesn't have a focus issue before I buy it but it really doesn't bother me at all because I always use center spot focusing. I guess it would just hurt my resale value.
     
  7. ShunCheung

    ShunCheung Moderator

    In these days we have eBay, Craig's List and all sorts of web forums, most people are well informed about used prices, so I don't really believe in "good deals" with low prices. There may be an occasional uninformed seller here and there; if you happen to run into one of those, you are lucky, but most likely, there is a catch.
     
  8. My gut feeling is that Nikon have caused this at least to some extent themselves. I am new to Nikon, as some of you will know, and when I started looking for a new D800 in Australia the price range was ridiculous with as much $1500 between top and bottom price from "Australian" sellers. What I've learned since is that the Co's selling the cheapest new D800s or any Nikon product, aren't really Australian at all and are often located in Hong Kong. The price of a used D800 has to be less than the cheapest new price.
    It all gets a little messy for newbies with Nikon's warranty rules, coming from Leica where anyone could get their camera repaired at any Leica endorsed repairer, you suddenly realise that Nikon (Australia) will only look at Nikon products bought from authorised Aus sellers, the rest of us have to send our cameras back to Hong Kong or wherever. The crazy thing here is that Nikon is saying that a Hong Kong Nikon and an Australian one both made in the same Nikon factory are different - and this effects the used market a great deal.
     
  9. Could it be that Nikon is coming out with a fresh whiz-banger ? Just a quick speculative notion.
    Les
     
  10. I think you got a good price for your D700. I wouldn't have paid that much to an individual when Keh sells them for $1600 in EX+ with a 6 month guarantee. Then if I look at eBay, recent sales of used D800's are in the $2200-$2600 range (and Keh sells them for $2300). So you're getting good deals on both sides.
    I think there are some inefficiencies still there in the used market. For example, a lot of people go to eBay without checking real dealers - I regularly get a better deal from Adorama, Keh or B&H than I find on eBay and have even on occasion bought something from a dealer because I knew I could resell it at a profit - and a lot of people have a bias for used equipment, even from an individual they never met, over refurbished. That makes no sense to me at all - I'd definitely take a refurb camera body from an authorized dealer over a used one from an individual.
     
  11. If you check sold auctions on eBay, you will find many recent sales of D800s for under $2100, with many in the $1600 to $1900 range. I am a bargain hunter on eBay, and have bought several very expensive lenses that I could not afford at 'normal' used prices at bargain basement prices.
    With patience, you can generally always find legitimate bargains on eBay.
     
  12. To Clive...
    Nikon Aus tries that one just the way Nikon USA does.
    Nikon have an international warranty so don't listen to Nikon's nonsense. I buy all my gear from B&H/KEH/Adorama anyway, and they warrant their goods worldwide. You will also be aware that the Australian govt changed the statutory warranty on all electronic goods and mandated a two year warranty from everyone. So cop that Nikon!
     
  13. Thanks Francisco - I learn something everyday, I wasn't aware of Aus Gov rules.
    I've found that Australian 'Bay can often throw up some outrageously cheap bargains for used items that are well below US or UK prices.
    For us the buying from the US isn't much of an option because US international postal rates are so high.
    While we're moaning about Aus v World prices buying Adobe download products here is just infuriating because even though they come from exactly the same place as US buyers we get hit as much as 1/3 more!
     
  14. ShunCheung

    ShunCheung Moderator

    I just checked KEH's web site. A used D800 is around $2300, maybe a little more or less, depending on the exact condition. I think that is in line with the current new price at $2800 and the referb price of $2349 Henry mentioned above.
    I am not sure about those eBay prices that are $2000 and below. Maybe they are gray market, maybe they have issues .... Otherwise, B&H, KEH and Nikon USA would hardly be selling any D800 at those much higher prices, new or used.
     
  15. Gup

    Gup Gup

    Here in Canada I see D800s coming on the market virtually everyday for anywhere between $2150 and $2600 (but $2450 is about the median). I don't remember a model from Nikon turning over so quickly. Considering all the excitement and speculation and then the tortuous wait for product, people seem to be reconsidering their purchase or second guessing their needs. A few I have talked to have upgraded to the 'E' but many more are switching to Canon ( I confess to not remembering the Canon model's handle). There are always ads on kijiji asking for trades. The others seem to realize the D800 is a specialized beast beyond their skill level and just want to recoup some of their money.
    I'm still waiting for a D700 replacement ;)
     
  16. Take the prices of a new D800 less the occasional rebates that come along. A used D800 has to sell for less than a new one, and the demand is lower now because bodies are in stock most of the time and the people who really wanted one already have one. The D600 and D7100 fill the needs of many photographers. Price is contingent on demand.
     
  17. There are people who always want more that they can afford. There are people who believe that the camera makes the photographer. There are people who have not consider that D800 is not an everyday camera. There are people who believe that the megapixels make the difference. There are people who discovered, after the purchase of a D800, that their whole PC system is not meeting their demands anymore and they have to buy a new, more expensive one. There are people who found out that their technique is not sufficient to really exploit such a beast and, bottom line, they take "worse" pictures than before. There are people who figured out that a D800 with a 50mm f/1.8 it's not the ultimate solution and now they have to invest a fortune to get lenses comparable to the value of their camera. There are people who realized that enthusiasm is not always the best ally in taking a decision. There are people who selling their cameras because, probably, they bought a camera that simply can not afford, money and photo wise. Some thoughts of mine...nothing more or less.
     
  18. ^^^ or the person offering his D800 to you at a bargain price is having the known left focus issues and decided it's not worth keeping it.
     
  19. ShunCheung

    ShunCheung Moderator

    ^^^ or the person offering his D800 to you at a bargain price is having the known left focus issues and decided it's not worth keeping it.​
    I would imagine that under such circumstances, most people would pressure Nikon to fix that problem and if Nikon is unable to do so on a particular camera, make them replace the camera. Why would you take a personal financial loss with a fairly well known issue that Nikon should be responsible for? And cameras with known issues will be tough to sell.
    Based on estimates from folks such as Bjorn Rorslett, Thom Hogan, etc., at most maybe 20% or so of D800 cameras have the left focus issue. Clearly a majority of them is still fine and it shouldn't be all that difficult to get a replacement that is error free.
    Given that the yen has lost about 25% of its value against the US$ in the last 8, 9 months, maybe some people have a way to get D800 in Asia and can still sell them in the US for a profit at lower prices due to a stronger dollar. Or maybe some people are dumping stolen D800 cameras ....
    Concerning the exchange rate, other than some rebates a few month ago, Nikon USA hasn't adjust prices downward in the last few months, reversing the great price hike between 2009 to 2011 when the yen appreciates significantly. If there are people who manage to provide alternative imports, eventually it'll put pressure on the official importer.
     
  20. @Shun, I bought a used D800 from a very reputable dealer down south but took me at least 4 copies to get one without the left focus issue. I'm assuming there are several frustrated owner ended up selling them and dealer where I purchased it from just purchase the bodies without thoroughly inspecting them pre and post sale.
     
  21. ShunCheung

    ShunCheung Moderator

    Well, anybody who buys a D800 and doesn't test it deserves to be stuck with a defective one. You can probably substitute "D800" with anything else and it is probably still true.
    My philosophy is that there are always reasons when something is cheap (or cheaper than usual).
     
  22. There are a lot of these things selling on eBay with problems. $1600 for one that's been dropped and has cracked parts or malfunctions, or is "as-is because I haven't tested it" is not a good deal. If you want one in good condition you pay for it.
     
  23. @Richard Thomas "@Shun, I bought a used D800 from a very reputable dealer down south but took me at least 4 copies to get one without the left focus issue." how could you consider a dealer reputable after having to exchange a purchase (4) times? Just sayin......
     
  24. ShunCheung

    ShunCheung Moderator

    A used camera store could sell an item for a customer on consignment; i.e. the owner still owns the items if it doesn't sell or he/she changes her mind. If it sells, the store gets a cut of the deal and may provide some sort of warranty or return policy.
    Or a store can buy the used item outright from the owner, typically at about 50% of what they think they can sell it for. In that case it would be very foolish for the store not to test the item first, especially for a well known issue such as the left AF problem on the D800.
    There is also a lot of gray area about whether a particular D800 has that left AF problem or not. I have only used two D800 and both are fine, but I see some experienced photographers on this forum are confused. They have flip flopped a few times about whether their camera was fine or not.
     
  25. Is there a registry to check serial numbers for reported stolen Nikon items?
    Kent in HI
     
  26. While there are many damaged D800s in the lower price range, as low as $1225, not all of them are. A D800e recently sold, body only, NOT dropped or broken, fully functional for $1599. Another NEW D800e sold for $960 (from Canada, probably no warranty in the US).
    There are ALWAYS great deals on eBay BUT you do have to do a bit of hunting sometimes and have patience to find/get them.
    I am not saying these are the best choices for someone that MUST have warranty but I have bought several used bodies and lenses in the past overall with good success (I have had two items that were not as described but because I bought from high positive feedback sellers, they were refunded without issue). Ebay has exceptional buyer protection and if you understand and use the feedback system, you can get great deals and shop with confidence even on bargain priced items.
     
  27. On Amazon, a reputable seller (KEH) is offering the D800 for about $2300 used right now (http://www.amazon.com/gp/offer-listing/B0076AYNXM/sr=/qid=/ref=olp_tab_used?ie=UTF8&colid=&coliid=&condition=used&me=&qid=&seller=&sr=). Amazon will probably collect $100 – $300 in fees, so $2000 is on the low side of reasonable.
    I don't know why the used price has dropped as fast as it has, but the D600 is probably part of the story: most people probably don't need the D800's features.
     
  28. Re-reading many of the responses to this question I find myself thinking that Panayotis' comments may hold bigger clues to the answer than many others. When I rationalized my gear from, Olympus E3, Leica M8 and Fuji X100 to the Fuji and Nikon D800 I never anticipated how much I'd miss a couple of things, neither of them have much to do with taking good or better pictures, but formed a nice entertaining distraction.
    Canon, Fourthirds, its micro cousin and the entire mirror-less brigade allow people to have a lot of fun with legacy lenses etc. The buy, try and sell on practice provides the enthusiast with a sense of excitement and discovery that is hard to beat. Add to this, that most people use their phones instead of cameras, we're left with a very small bunch of people needing anything like the power of D800.
    Back in the film days I can remember friends enthusiastically selling their convenient 35mm stuff to go Medium format only to discover how limiting it was. I think the same kind of thing is happening here.
     
  29. Keep in mind...be sure to inspect the camera for the $2,000 price. Usually, something is not exactly right when the price is too good to believe.
     
  30. ShunCheung

    ShunCheung Moderator

    I went back to KEH's web site again. They will buy your used D800 with battery and charger for $1460 or so in Excellent+ condition, maybe $50 less for just Ex. (When KEH turns around and sells it, they'll tag on another $900 or so for all their work, warranty, etc.).
    Therefore, it makes no sense for people to sell their D800 on eBay for what they can easily get from KEH without hassle. When it is too good to be true, it usually is.
     
  31. Sometimes, just sometimes, a good deal is just a good deal, on eBay or elsewhere. I have purchased several 'bargains' through KEH. I just bought a lens through them today and saved a lot of money over eBay and Amazon. Sometimes eBay and/or Amazon have better deals.
    But given the prevalence of the left AF issue with the D800, extra care is needed when purchasing this body used. KEH has exceptional return privileges and offer decent warranties on all their used products.
     
  32. I am disappointed with the current value or d800 as well, use less than a year since delivery in 2012 and it has
    depreciated too much. Definitely gotta do with the whacky AF accuracy, and Nikon's crazy desperate discounts and
    debates throughout the year to fight with Canon share. My d800e slightly better, but still, that's big depreciation. From 3k
    to 2k that's 33% in a year, even the d4 isn't as bad and it's 6 months older (6k to 5k) at 20%.

    What surprised me is why are people buying d700 for more than $1000. 1750 is crazy selling price. The market average
    is more like $1300...d600 is selling about 1500 refurb after u sell that kit lens. IQ d600 is hands down better. D700 is great
    camera, but it's shouldn't be valued close to the newer models. I got one about 1k early this year for a friend and to me
    that's fair
     
  33. I paid $2349 for a refurbished D800 which was perfect in every way so $2000 for a 6K camera is a good price. I could have sold the D700 but kept it because I don't always need 36mp but do need the 8fps.
     
  34. I could have sold the D700 but kept it because I don't always need 36mp but do need the 8fps.​
    That's exactly why people pay high prices for a D700..... it's that or the even more crazy price for a D4.
    There is no D700 replacement, same as there is no D300S replacement. High fps may seem to be a one-trick pony to those that don't need it....however many do!
    As a non-action camera, a used D800 is a real bargain now......a used D700 is not a bargain, but you currently have no other sensible Nikon choice. It's a case of supply and demand.
     
  35. Supply and demand.
    There are a lot of D800 cameras on the used market right now.
    Nikon refurbs are driving the price down even more.
    Frankly, I thought the D800 was a bargain at $3,000
    The camera is really excellant!
    Problem also has to do with so many new choices and
    many people bought more camera (D800) than they needed.
     
  36. That's exactly why people pay high prices for a D700..... it's that or the even more crazy price for a D4.​
    ... that and the wonky AF. The AF in the D800 just doesn't handle as consistently and accurately as the D700. To me, that's one of the most important features of a camera: that I can trust the focus.
    It's a great camera... my go-to for almost everything. But I'm forced to chimp like crazy because the AF is so inconsistent.
     
  37. ShunCheung

    ShunCheung Moderator

    My experience with the D800E and D7100 is that their AF is better than the D700's, and I currently own all three cameras. Starting from 2012, Nikon has improved the Multi-CAM 3500 AF module so that it works better with maximum f8 lenses, among other things. For birds in flight images, in situations where all flavors of the D3 and D700 struggle, the D800 and D7100 handle them much better. I never got good birds in flight images with my old 500mm/f4 AF-S until the D800 and D7100 came along.
    Someone on this forum just bought a D700, in good condition, from a camera store a few days ago for $1000: http://www.photo.net/nikon-camera-forum/00cTjA
     

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