Approve the Cookies
This website uses cookies to improve your user experience. By using this site, you agree to our use of cookies and our Privacy Policy.
OK
Index  •   • New posts  •   • RTAT  •   • 'Best of'  •   • Gallery  •   • Gear  •   • Reviews
Guest
New posts  •   • RTAT  •   • 'Best of'  •   • Gallery  •   • Gear  •   • Reviews
Register to forums    Log in

 
FORUMS Canon Cameras, Lenses & Accessories Canon EF and EF-S Lenses 
Thread started 07 Jan 2014 (Tuesday) 18:06
Search threadPrev/next
sponsored links
(this ad will go away when you log in as a registered member)

So Much For L Lens Values

 
kipliq
Senior Member
752 posts
Likes: 1
Joined Oct 2010
     
Jan 08, 2014 12:02 as a reply to  @ post 16586895 |  #31

I got the 35L for $1004 from canon refub with the 15% discount. I hold the 35L over the sigma, had both. Better AF won in the end so I stuck with the 35L.


"Space Mountain may be the oldest ride in the park, but it has the longest line." - Ric Flair

  
  LOG IN TO REPLY
sponsored links
(this ad will go away when you log in as a registered member)
Qlayer2
OOOHHH! Pretty Moth!
Avatar
941 posts
Gallery: 24 photos
Likes: 121
Joined Dec 2013
Location: Detroit, MI
     
Jan 08, 2014 12:43 |  #32

Everyone and their brother is waiting for Canon to release a 35L mk II. It's a great lens and you paid a fair price for it. Investing in quality glass is a much better investment than investing in quality cameras- the 35L came out in 1998- if you were buying the best digital camera at the time, you would be using one of these (external link). The competitor's product (Sigma) has forced the price down, as well as the constant rumors of a new version.

Are you planning on selling your lens anytime soon? I wouldn't worry about it- if you feel like you paid a good price and you like using it, keep using it. Unfortunately, there will (almost) always be a new version or better version coming out to drive down the prices. The only exception to depreciation is for products that are no longer made.




  
  LOG IN TO REPLY
burb1972
Member
126 posts
Joined Aug 2013
     
Jan 08, 2014 13:10 as a reply to  @ Qlayer2's post |  #33

i saw a 24 105 l, in the middle of the night on ebay go for 330, was about 3 mo ago, so dont end auction at 3am;-)a, it was in excellent condition.


mike parker
gear list 5dc, tamron 19-35, tamron 28-75, 50mm 1.8 mark 1, 28-70 3.5 canon(x2), 100 f/2 canon, 70-300 usm is, helios 44-2, vpk lens put into a m42 cap attached to a bellows, 430 ex

  
  LOG IN TO REPLY
Sirrith
Cream of the Crop
10,545 posts
Gallery: 50 photos
Best ofs: 1
Likes: 36
Joined Nov 2010
Location: Hong Kong
     
Jan 08, 2014 20:17 |  #34

burb1972 wrote in post #16588497 (external link)
i saw a 24 105 l, in the middle of the night on ebay go for 330, was about 3 mo ago, so dont end auction at 3am;-)a, it was in excellent condition.

The seller would probably rather take one negative feedback and refund then relist rather than take a $300 hit...


-Tom
Flickr (external link)
F-Stop Guru review | RRS BH-40 review

  
  LOG IN TO REPLY
l89kip
Senior Member
582 posts
Gallery: 2 photos
Likes: 20
Joined Jan 2010
     
Jan 08, 2014 21:59 |  #35

Lenses are lenses, not antiques. Lenses will lose values over time, but much slower than camera bodies. I wouldn't worry about resale values of my lenses when I buy lenses. I buy them for my need.

Does anybody know any lens becomes more valuable over the years?


Gear: 7D II, 6D | EF-S 17-55 | 35/2, 85/1.8, 35 L,100L,135L, 24-70L II, 24-105L, 70-200 F/4L IS, Sigma 150-600 C | 580 EX II, 270 EX II

  
  LOG IN TO REPLY
ItsMike
Goldmember
Avatar
2,185 posts
Likes: 5
Joined Jul 2006
Location: Greenlawn NY
     
Jan 08, 2014 22:09 as a reply to  @ l89kip's post |  #36

M_Six wrote in post #16586877 (external link)
My first L was a the 24-105. It's about 30% cheaper now. I bought the 70-300L and the price dropped. I bought the 24mm TS-E and the price dropped. I bought the 100mm f2.8L macro and the price dropped. Always within a month or two. Sometimes less. It happens. But all those lenses have been providing me with great images. So I'm ok with that.

But watch what I buy then wait a week. It'll be cheaper for you then.:oops:;)

Can you buy a 70-200 2.8L? I really want one and need a Discount... Lol :)

Steve Campbell wrote in post #16586496 (external link)
I have noticed lately that the Canon 35L 1.4 has really dropped in price on the used market. I know the new Sigma is getting great reviews, but has it's release really killed the value of the 35L that much? I picked my 35L up a few years ago for $1200 used. Not cheap but it was a fair price and around what they were selling for at the time. That level stayed pretty steady. I just saw one sell here for $850! I have seen many others lately selling for under $1000. It's still a great lens without any focus issues, but values seem to have plummeted since the Sigma came out. So much for this particular lens, which is a very nice lens might I add, holding it's value.

The Canon 24-105 is another victim. I know it's a kit lens, but this was a lens you could sell for $900-$950 not long ago. It sells for way less now. So much so that I do not see the point of selling mine.

Are we seeing a trend? What other lenses will third party makers release which will lead to the Canon equivalent dropping in value?

drive_75 wrote in post #16586528 (external link)
It's not a trend. Every lens have it's place. Like you, I bought my 35L used two years ago. I watched the used market for a long time and the price was always around $1150-$1250. The price like you said is now around $850-$950. Yes the Sigma 35mm was the reason for the price drop. I don't see the same thing for any other "L" lens. The 24-105mm f/4L is a different story. The market is flooded with that lens and hence the price drop. I don't really buy lens as an investment. I buy them to use and so what if the price drop, it doesn't really matter to me. The only time it matter is when I either sell or buy lens.

Re: Both of you 35L owners...

Is this lens really worth the extra $$ over the Sigma's? Reason I ask, I will always prefer the Canon glass over 3rd party, Not saying I wont ever go 3rd party (Look at my 70-200...)

I have been toying with the Idea to pick up the 35 or even the 50L... I have the Funds, just not sure about pulling said trigger...


Gear

  
  LOG IN TO REPLY
l89kip
Senior Member
582 posts
Gallery: 2 photos
Likes: 20
Joined Jan 2010
     
Jan 08, 2014 22:12 |  #37

The reason that I picked up 35L instead of Sig 35 Art is AF.

Granted, many people have had Sig 35 that are both sharp and no AF issue. Good for them. I do not want a dock or whatsoever.

The price difference between a new Art and used 35L is not that big!


Gear: 7D II, 6D | EF-S 17-55 | 35/2, 85/1.8, 35 L,100L,135L, 24-70L II, 24-105L, 70-200 F/4L IS, Sigma 150-600 C | 580 EX II, 270 EX II

  
  LOG IN TO REPLY
Steve ­ Campbell
THREAD ­ STARTER
Senior Member
449 posts
Joined Nov 2010
     
Jan 09, 2014 09:58 as a reply to  @ l89kip's post |  #38

For what's it's worth, I love my 35L and try and use it whenever I can vs my zooms. I'm not really mad it has dropped in value, as I don't plan on selling it. Even if Canon does bring out a new version, it will be expensive.


Gear List
5D Mark III |5D Mark II | 7D | 70-200 2.8L IS II | 24-105 | 17-40 | 300 f2.8L IS |35 1.4L | 50 1.8 | | 24 3.5 TSE II |
Speedlite 430 EX II |

  
  LOG IN TO REPLY
npompei
Senior Member
563 posts
Joined Nov 2007
Location: Warrington, PA
     
Jan 09, 2014 10:27 |  #39

It's not what the lens is worth in monetary value to you - it should be what its worth to you in terms of usability in your business/life. If you always 'wait' for things to get cheaper or wait for the price to drop, you will be waiting forever. Once you buy something it has already lost value.

I bought my 5d3 last year and got a steal on it for $2799 brand new. Well guess what, its selling for less. Same for my 35L - I bought it 2 years ago for $1050 and thought I stole it. And at the time I did. I could care less that this lens costs that and that lens costs that. That 35L has been my bread and butter and worth every last cent. But that's not the point. The point is I have used them a ton over the year(s) and it has made me a lot of money. That's the point.


www.nickpompei.com (external link)
Flickr (external link)
Canon 5d3-gripped / Canon 5d / Canon EOS M / Phottix Mitros + (3) / Tamron 17-35 (2.8-4.0) / Tamron 28-75 (2.8) / Canon 35L / Canon 50 (1.4) / Sigma 85 (1.4) / Canon 70-200(2.8)IS

  
  LOG IN TO REPLY
madhatter04
Goldmember
1,930 posts
Likes: 51
Joined Oct 2006
Location: Southern California
     
Jan 09, 2014 11:48 |  #40

Now, we'll have a larger variety of lenses from which to choose at hopefully lower prices. What's wrong with that? Competition is healthy! As others have said, buying gear should be a process that provides you with the tools you need to materialize your vision, not a strategic business investment for reselling and selling >.<


Designer // Art Director // Photographer
www.alexanderfitch.com (external link) | AlexFitchPhoto on Instagram (external link)

  
  LOG IN TO REPLY
Sirrith
Cream of the Crop
10,545 posts
Gallery: 50 photos
Best ofs: 1
Likes: 36
Joined Nov 2010
Location: Hong Kong
     
Jan 09, 2014 19:05 |  #41

I find this thread a funny example of how ridiculous this forum can be a times (no offence intended to any individuals participating here). We're talking about loss in resale value of a Canon lens, and suddenly everyone is saying resale value doesn't matter.

But when we talk about pros and cons of third party lenses, resale value inevitably comes up as a negative of going third party :)


-Tom
Flickr (external link)
F-Stop Guru review | RRS BH-40 review

  
  LOG IN TO REPLY
mgk2
Member
167 posts
Joined Oct 2012
     
Jan 09, 2014 20:06 |  #42
bannedPermanent ban

Sirrith wrote in post #16592412 (external link)
I find this thread a funny example of how ridiculous this forum can be a times (no offence intended to any individuals participating here). We're talking about loss in resale value of a Canon lens, and suddenly everyone is saying resale value doesn't matter.

But when we talk about pros and cons of third party lenses, resale value inevitably comes up as a negative of going third party :)

Indeed.

Some people just can't swallow the fact that their L has dropped significantly due to some excellent 3rd party lenses and pretend that they don't care ;)




  
  LOG IN TO REPLY
l89kip
Senior Member
582 posts
Gallery: 2 photos
Likes: 20
Joined Jan 2010
     
Jan 09, 2014 20:13 |  #43

I think that people are saying lens depreciation is natural. Lens purchase is a purchase of tools, not an investment.


Gear: 7D II, 6D | EF-S 17-55 | 35/2, 85/1.8, 35 L,100L,135L, 24-70L II, 24-105L, 70-200 F/4L IS, Sigma 150-600 C | 580 EX II, 270 EX II

  
  LOG IN TO REPLY
madhatter04
Goldmember
1,930 posts
Likes: 51
Joined Oct 2006
Location: Southern California
     
Jan 10, 2014 09:53 |  #44

Sirrith wrote in post #16592412 (external link)
I find this thread a funny example of how ridiculous this forum can be a times (no offence intended to any individuals participating here). We're talking about loss in resale value of a Canon lens, and suddenly everyone is saying resale value doesn't matter.

But when we talk about pros and cons of third party lenses, resale value inevitably comes up as a negative of going third party :)

That's what happens when you put a thousand people in a forum: a thousand different opinions!


Designer // Art Director // Photographer
www.alexanderfitch.com (external link) | AlexFitchPhoto on Instagram (external link)

  
  LOG IN TO REPLY
ed ­ rader
"I am not the final word"
Avatar
23,146 posts
Gallery: 4 photos
Likes: 459
Joined May 2005
Location: silicon valley
     
Jan 10, 2014 10:02 |  #45

Steve Campbell wrote in post #16586496 (external link)
I have noticed lately that the Canon 35L 1.4 has really dropped in price on the used market. I know the new Sigma is getting great reviews, but has it's release really killed the value of the 35L that much? I picked my 35L up a few years ago for $1200 used. Not cheap but it was a fair price and around what they were selling for at the time. That level stayed pretty steady. I just saw one sell here for $850! I have seen many others lately selling for under $1000. It's still a great lens without any focus issues, but values seem to have plummeted since the Sigma came out. So much for this particular lens, which is a very nice lens might I add, holding it's value.

The Canon 24-105 is another victim. I know it's a kit lens, but this was a lens you could sell for $900-$950 not long ago. It sells for way less now. So much so that I do not see the point of selling mine.

Are we seeing a trend? What other lenses will third party makers release which will lead to the Canon equivalent dropping in value?

no. those lenses are exceptions. price of the zoom dropped after it was bundled as a kit lens. 35L dropped because its performance has been eclipsed by another 35mm lens.


http://instagram.com/e​draderphotography/ (external link)
5D4, 80d, 16-35L F4 IS, 24-70L II, 70-200L F4 IS II, 100-400L II, sigma 15 FE, sigma 14 f1.8, tc 1.4 III, 430exII, gitzo 3542L + markins Q20, gitzo GT 1545T + markins Q3T, gitzo GM4562

  
  LOG IN TO REPLY
sponsored links
(this ad will go away when you log in as a registered member)

11,557 views & 0 likes for this thread
So Much For L Lens Values
FORUMS Canon Cameras, Lenses & Accessories Canon EF and EF-S Lenses 
AAA
x 1600
y 1600

Jump to forum...   •  Rules   •  Index   •  New posts   •  RTAT   •  'Best of'   •  Gallery   •  Gear   •  Reviews   •  Member list   •  Polls   •  Image rules   •  Search   •  Password reset

Not a member yet?
Register to forums
Registered members may log in to forums and access all the features: full search, image upload, follow forums, own gear list and ratings, likes, more forums, private messaging, thread follow, notifications, own gallery, all settings, view hosted photos, own reviews, see more and do more... and all is free. Don't be a stranger - register now and start posting!


COOKIES DISCLAIMER: This website uses cookies to improve your user experience. By using this site, you agree to our use of cookies and to our privacy policy.
Privacy policy and cookie usage info.


POWERED BY AMASS forum software 2.1forum software
version 2.1 /
code and design
by Pekka Saarinen ©
for photography-on-the.net

Latest registered member is atomanth
882 guests, 240 members online
Simultaneous users record so far is 15144, that happened on Nov 22, 2018

Photography-on-the.net Digital Photography Forums is the website for photographers and all who love great photos, camera and post processing techniques, gear talk, discussion and sharing. Professionals, hobbyists, newbies and those who don't even own a camera -- all are welcome regardless of skill, favourite brand, gear, gender or age. Registering and usage is free.