Photo Forum / Digital Photography / DSLR Cameras / April 2007
Entry level plastic DSLRs can lose value faster than pro models
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RichA - 27 Apr 2007 17:58 GMT Two things contribute to this; The fragility of the small components like battery and memory card doors (their mechanisms get sloppy and the doors break off) and the unprotected LCD screen. Same with the cheap switches they use in these cameras. Contacts wear, etc. My E-1 has a plastic LCD protector (as do all Nikons from the D80 up) that takes the brunt of any punishment, it is scuffed up now. Replacement is about $8.00. If the camera didn't have it (as most entry level DSLRs) it would be the LCD that would be scuffed up. Value drops by a fair margin if you try to sell it to upgrade. Meanwhile, I see old pro models from Nikon going for hundreds if not thousands of dollars because they (even with moderately rough usage) maintain their newish look and even if this is a somewhat irrational consideration when buying a used camera, it is still important to most people.
dwight - 27 Apr 2007 18:27 GMT > Two things contribute to this; One thing contributes to this: the low original retail, the markdowns within the first year of production, and the eventual release of a new model at no more than the price of the former when new.
If I'd kept my Rebel XT in the box up on a shelf, never used, what would it have been worth by the time the XTi was released?
dwight www.tfrog93.com
RichA - 27 Apr 2007 20:26 GMT > > Two things contribute to this; > [quoted text clipped - 6 lines] > > dwightwww.tfrog93.com Another thing eroding their price, the rapid release of new low-end models. The Nikon D40x was released something like 4 months after the 40! Now, the 40 is cheaper, but it's likely the 40x will now take centre stage, and the value of the 40 as a used camera will drop below $350 for the body, even thought the sellers are only selliing cameras a few months old.
nospam - 27 Apr 2007 19:25 GMT > Two things contribute to this; The fragility of the small components > like battery and memory card doors (their mechanisms get sloppy and > the doors break off) and the unprotected LCD screen. Same with the > cheap switches they use in these cameras. Contacts wear, etc. My > E-1 has a plastic LCD protector (as do all Nikons from the D80 up) d70, actually.
in any event, any office supply store sells plastic coverings for lcd screens for a few dollars. alternately, hoodman makes a fancy flip-up cover:
<http://www.hoodmanusa.com/flip_up.asp>
> that takes the brunt of any punishment, it is scuffed up now. i don't use any type of covering and there's no scuff on mine. perhaps you should not drag your camera along a gravel road.
RichA - 28 Apr 2007 19:54 GMT > In article <1177693113.129386.27...@r35g2000prh.googlegroups.com>, > [quoted text clipped - 16 lines] > i don't use any type of covering and there's no scuff on mine. perhaps > you should not drag your camera along a gravel road. Yes, we all know they provide those protectors on all quality cameras because people repeatedly "drag them along gravel roads."
=(8) - 27 Apr 2007 19:34 GMT > Two things contribute to this; The fragility of the small components > like battery and memory card doors (their mechanisms get sloppy and [quoted text clipped - 10 lines] > consideration when buying a used camera, it is still important to most > people. Few if anything computer related has much of a resale value. When the item you just paid $1000 for is replaced with an upgraded or better model 3 months after you buy it your $1000 item is worth about $1.98. That isn't what's important. What's important is how well you use the item and how well you do getting your money's worth out if it before you replace it. That is all that counts. Buying something like this in the hopes of selling if a year later for a profit is dumb!
=(8)
RichA - 27 Apr 2007 20:29 GMT On Apr 27, 2:34 pm, "=\(8\)" <nos...@nospam.com> wrote:
> > Two things contribute to this; The fragility of the small components > > like battery and memory card doors (their mechanisms get sloppy and [quoted text clipped - 20 lines] > > =(8) Not a profit, but it is possible now to buy a camera, use it, keep it in good condition then sell it to upgrade and only lose what amounts to a cheap rental cost. A Nikon D200 or Canon 5D are good examples of such a machines, that hold their value.
Pete D - 27 Apr 2007 23:20 GMT > On Apr 27, 2:34 pm, "=\(8\)" <nos...@nospam.com> wrote: >> [quoted text clipped - 30 lines] > to a cheap rental cost. A Nikon D200 or Canon 5D are good examples of > such a machines, that hold their value. Even if the entry level cameras wre metal bodied they would still loose the same value when the new models come out.
RichA - 28 Apr 2007 19:56 GMT > > On Apr 27, 2:34 pm, "=\(8\)" <nos...@nospam.com> wrote: > >> "RichA" <rander3...@gmail.com> wrote in message [quoted text clipped - 36 lines] > Even if the entry level cameras wre metal bodied they would still loose the > same value when the new models come out. Well, we can't say for sure because there are none. Meanwhile, 30Ds (the "entry level" of metal cameras) holds it's value nicely when it comes to resales.
Pete D - 28 Apr 2007 22:13 GMT >> > On Apr 27, 2:34 pm, "=\(8\)" <nos...@nospam.com> wrote: >> >> "RichA" <rander3...@gmail.com> wrote in message [quoted text clipped - 47 lines] > (the "entry level" of metal cameras) holds it's value nicely when it > comes to resales. Idiot! 30D has not been superceded yet. What about prices of the 20D, still as high as new?
RichA - 29 Apr 2007 00:40 GMT > >> "RichA" <rander3...@gmail.com> wrote in message > [quoted text clipped - 54 lines] > Idiot! 30D has not been superceded yet. What about prices of the 20D, still > as high as new? I didn't say it had. I was pointing out that a higher quality camera holds its value better than entry level. The 20D if you can find one new is about $900 which compares favorably with the 30Ds current pricing. You have to factor-in what models are out now and how much they cost in relation to the model you are looking at as a used camera. The 20D was probably $1500 for the body when it was released but the improved 30D is only $1200 or so, so the 20D has held it's value pretty well given new pricing for that level of camera.
Tom Ross - 29 Apr 2007 06:48 GMT >> >> "RichA" <rander3...@gmail.com> wrote in message >> [quoted text clipped - 11 lines] >I didn't say it had. I was pointing out that a higher quality camera >holds its value better than entry level. Have you taken the time to compare prices? And can you present any evidence to support your statement? Or, as usual, are you just making it up?
I did spot-check prices of several brands and models of DSLRs, and the used cameras were selling for about 60% of the price when they were new. High end and low end, didn't much amtter.
>The 20D if you can find one new is about $900 which compares favorably >with the 30Ds current pricing. Yeah, but can you FIND one? And for how much longer? Comparing the price of a readily available product with one that isn't available is raises your level of disingenuousness to a new low.
>You have to factor-in what models are out now and how much they cost >in relation to the model you are looking at as a used camera. The 20D >was probably $1500 for the body when it was released but the improved >30D is only $1200 or so, so the 20D has held it's value pretty well >given new pricing for that level of camera. B&H is selling a used 20D for $719.00 - that's roughly half your $1500 price. I consider them to be a much better judge than you on the resale value of a camera.
www.bhphotovideo.com/bnh/controller/home?O=NavBar&A=search&Q=&ci=2891
TR
nospam - 29 Apr 2007 07:05 GMT > I didn't say it had. I was pointing out that a higher quality camera > holds its value better than entry level. you mean like the $4000 canon 1d that now goes for about $600-800 on ebay?
http://cgi.ebay.com/Canon-EOS-1D-Digital-SLR-w-AC-adapt-cap-straps_W0QQi temZ250107920877QQihZ015QQcategoryZ43454QQrdZ1QQcmdZViewItem
or the $8000 1ds, now just $1700
http://cgi.ebay.com/Canon-EOS-1Ds_W0QQitemZ160110273232QQihZ006QQcategor yZ43454QQssPageNameZWDVWQQrdZ1QQcmdZViewItem
yep. those sure held their value alright.
RichA - 29 Apr 2007 15:40 GMT > In article <1177803630.105276.60...@q75g2000hsh.googlegroups.com>, > [quoted text clipped - 13 lines] > > yep. those sure held their value alright. Because of the "prorating" of pricing relative to technological advances, and the fast turnaround on the release of entry level cameras compared to pro cameras, you have to take all that into account. A P&S (Olympus C-3040) that cost $900 in 2001 can be had for about $80.00 on Ebay. The auction for the 1Ds was suspicious. No paypal, no description at all of the camera's condition. Both would have severely depressed the price, especially for a pro camera.
Tom Ross - 29 Apr 2007 18:46 GMT >> In article <1177803630.105276.60...@q75g2000hsh.googlegroups.com>, >> [quoted text clipped - 19 lines] >account. A P&S (Olympus C-3040) that cost $900 in 2001 can be had for >about $80.00 on Ebay. Another thing to take into account? I thought you said there were only TWO reasons for entry level cameras losing value and "pro" cameras holding value, and the primary reason you offered is plastic.
>The auction for the 1Ds was suspicious. No paypal, no description at >all of the camera's condition. Both would have severely depressed the >price, especially for a pro camera. Actually, this was one of the items I price shopped. IIRC the Buy It Now price was $2895 ... or about 60% less than a brand new 1Ds. The same seller offers a 1D IIN at a Buy It Now price of $3450 ... or about 60% less than a brand new 1D IIN. And the 300D Digital Rebel is selling for around $450 on ebay ... or about 60% less than a brand new one.
As for the suspicious 1Ds, the same seller is offering a Nikon D2Xs under pretty much the same conditions. The current bid is $1875. http://search.ebay.com/_W0QQsassZcounterchildQQhtZ-1
For comparison, B&H offers the same camera for $4245 new and $3750 used. The condition of used model is "preowned equipment, but appears as new."
And so to your point: A higher quality camera holds its value better than entry level. The evidence does not seem to support it. However, you may have a point ... but if you wear a hat or part your hair just right it won't show.
TR
Bill Funk - 28 Apr 2007 16:24 GMT >On Apr 27, 2:34 pm, "=\(8\)" <nos...@nospam.com> wrote: >> [quoted text clipped - 27 lines] >to a cheap rental cost. A Nikon D200 or Canon 5D are good examples of >such a machines, that hold their value. But the buy-in cost is much higher.
 Signature THIS IS A SIG LINE; NOT TO BE TAKEN SERIOUSLY!
The View on Disney-owned ABC dropped Rosie O'Donnell, even after she agreed to stop talking about George Bush. The president has no leverage over ABC. Disney is not a defense contractor, unless you count the war rationales we buy from Fantasyland.
John Smith - 28 Apr 2007 18:36 GMT > The View on Disney-owned ABC dropped Rosie > O'Donnell, even after she agreed to stop > talking about George Bush. The president > has no leverage over ABC. Disney is not a > defense contractor, unless you count the > war rationales we buy from Fantasyland. Meaning Rosie O'Donnell can lose value faster than pro models?
Charlie Self - 28 Apr 2007 19:39 GMT > > The View on Disney-owned ABC dropped Rosie > > O'Donnell, even after she agreed to stop [quoted text clipped - 4 lines] > > Meaning Rosie O'Donnell can lose value faster than pro models? Probably, if she ever had any value. I loved the pictures of her and Trump: a Mr and Ms Ugly contest, both looking as if they lost their tempers years ago and never found them again.
dwight - 28 Apr 2007 00:40 GMT > Few if anything computer related has much of a resale value. When the item > you just paid $1000 for is replaced with an upgraded or better model 3 [quoted text clipped - 5 lines] > > =(8) I would agree with this, never having sold any of my cameras. (I keep everything forever, something my wife frequently complains about.)
My Mustang is now 14 years old with 206,000 miles on the clock. I think I got my money's worth for that, too.
dwight www.tfrog93.com
Tom Ross - 27 Apr 2007 23:37 GMT >Two things contribute to this; Making up stuff again, Rich? I did a quick scan of the used prices for the 300D, the 20D and the 1D MkII, and it looks as if they have lost about 60% of their original value.
> The fragility of the small components >like battery and memory card doors (their mechanisms get sloppy and >the doors break off) and the unprotected LCD screen. Same with the >cheap switches they use in these cameras. Contacts wear, etc. That is, in so many words, what comes out the northern end of a south-bound male bovine critter. Keep spreading it around, Rich. It makes the grass grow.
>E-1 has a plastic LCD protector (as do all Nikons from the D80 up) >that takes the brunt of any punishment, it is scuffed up now. >Replacement is about $8.00. If the camera didn't have it (as most >entry level DSLRs) it would be the LCD that would be scuffed up. There are no scratchees on the LCD screen on my Digital Rebel. I'd like to say this is because the first thing I did after I opened the box was protect it with a screen protector sheet. But there aren't any scratches on the unprotected parts of the panel either.
FWIW, the rest of the plastic body is in pretty good shape, too. There are scratches on the base plate from the QR bracket for my tripod. But the real wear has been on the grip - the matte finish is pretty much worn away.
>Value drops by a fair margin if you try to sell it to upgrade. Sheer profundity!
>Meanwhile, I see old pro models from Nikon going for hundreds if not >thousands of dollars because they (even with moderately rough usage) >maintain their newish look and even if this is a somewhat irrational >consideration when buying a used camera, it is still important to most >people. Oh, really? You can backorder a Nikon D2H from B&H for $3000 or pick up a D2H on Ebay for less than $1000 - nearly 70% of it's original value.
Don't forget, Rich. The shiny side goes OUT.
TR
John Smith - 28 Apr 2007 00:37 GMT > Two things contribute to this; The fragility of the small components > like battery and memory card doors (their mechanisms get sloppy and [quoted text clipped - 10 lines] > consideration when buying a used camera, it is still important to most > people. If looks are that important than they deserve to pay premium price for well used gear.
If the price of the "entry level" unit drops, so what? You've got your use outa it, and you can replace it with a newer model for a reasonable cost.
DP
rboy505@yahoo.com - 29 Apr 2007 01:16 GMT Since when have any category of cameras been investments? These cameras in particular are bought to be used. No one gives a $#@% about their resale value. Plenty just get held on to or passed on.
They all hold their value much better than recording equipment and keyboards. And similarly no one buys a plastic $500 keyboard assuming it'll hold its value. In fact, when a professional keyboard player buys a $3,000 synth they're usually lucky, with rare exceptions, to get $500 for it in a decade.
Time marches on and waits for no one.
RichA - 29 Apr 2007 01:37 GMT On Apr 28, 8:16 pm, rboy...@yahoo.com wrote:
> Since when have any category of cameras been investments? These > cameras in particular are bought to be used. No one gives a $#@% > about their resale value. If you didn't see thousands of used cameras on Ebay, you might have a point. But you don't.
rboy505@yahoo.com - 29 Apr 2007 01:56 GMT > On Apr 28, 8:16 pm, rboy...@yahoo.com wrote: > [quoted text clipped - 5 lines] > point. > But you don't. My obvious point is that people care about the resale value only when it's time to sell, not with a great concern with how what they're about to buy fits into the grand scheme of the resale market. The used camera market simply is what it is. It rarely affects what new equipment they buy, especially the new market, as you imply.
eBay is filled will people selling their used cameras and getting money and eBay stores selling used gear, but not speculators flipping photo equipment.
Your "point" that low end anythings don't hold their value is hardly a startling news flash.
Charlie Self - 29 Apr 2007 22:32 GMT On Apr 28, 8:56?pm, rboy...@yahoo.com wrote:
> Your "point" that low end anythings don't hold their value is hardly a > startling news flash. It is to RichA. He thinks a 70 buck P&S should depreciate at the same rate as a MF digital set up.
John Smith - 29 Apr 2007 02:02 GMT > On Apr 28, 8:16 pm, rboy...@yahoo.com wrote: >> Since when have any category of cameras been investments? These [quoted text clipped - 4 lines] > point. > But you don't. I don't have a dog in this race, but all thousands of cameras on EBay proves is that a lot of folks not interested in photography originally bought them for reasons whatever, and that as PT Barnum said, "there's a sucker born every minute" in terms of people willing to buy this gear for outrageous prices.
It's very unlikely however, that many of these folks originally bought the unit with an eye toward resale value.
spigmu@gmail.com - 30 Apr 2007 16:34 GMT > On Apr 28, 8:16 pm, rboy...@yahoo.com wrote: > [quoted text clipped - 5 lines] > point. > But you don't. Um, I wouldn't use the point making reference. As far as points made it's RichA zero, everyone else at least one a piece.
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