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FORUMS Canon Cameras, Lenses & Accessories Canon EF and EF-S Lenses 
Thread started 14 Nov 2014 (Friday) 09:14
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Determining value of lenses

 
kawi_200
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Nov 14, 2014 20:39 as a reply to  @ post 17271491 |  #16

Boone13 wrote in post #17271487 (external link)
Search the Marketplace, Craigslist, etc to see what the going rate is.

This is what I do. Depending on how bad I want to get rid of something I price around the amount I'd like to see. If I want a quicker sale I post at the low end of the spectrum.


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carpenter
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Nov 14, 2014 23:21 |  #17

Boone13 wrote in post #17272060 (external link)
I've bought quite a few things off Craigslist that were fairly priced, so your assertion of Craigslist being severely overpriced may be severely overstated. ;-)a

I've bought items from craigslist as well. In fact some of the best deals I have ever gotten have been off Craigslist. That doesn't change the fact that so much of the stuff on Craigslist is wildly overpriced by people that think there old gear still has a very high resale value. It is a terrible resource to gauge what stuff is selling particularly because odds are if you still see it, it's still for sale and then of course the listings that are just flat out ridiculously priced. Often stuff is priced at 2X what it actually should and does sell for.


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Boone13
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Nov 15, 2014 06:48 |  #18

carpenter wrote in post #17272828 (external link)
I've bought items from craigslist as well. In fact some of the best deals I have ever gotten have been off Craigslist. That doesn't change the fact that so much of the stuff on Craigslist is wildly overpriced by people that think there old gear still has a very high resale value. It is a terrible resource to gauge what stuff is selling particularly because odds are if you still see it, it's still for sale and then of course the listings that are just flat out ridiculously priced. Often stuff is priced at 2X what it actually should and does sell for.

Well it's more an oddity here if people pull ads after the item has been sold, quite annoying actually, but I see your point. Craigslist is just one resource, not the end-all-be-all. That's all my post was getting to. :-)


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Gerald ­ Treadwell
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Nov 15, 2014 16:02 |  #19

SLR gear has an average price paid by the people who rate each lens. Seems to be pretty accurate.


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KenRockwellBiggestFan
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Nov 16, 2014 16:03 |  #20
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Nov 16, 2014 17:48 |  #21

ebay sold listings is the best way. everything else is inaccurate,




  
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KirkS518
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Nov 16, 2014 18:07 |  #22

I use ebay sold as a gauge.

I don't use craigslist because of listings like these:

http://tampa.craigslis​t.org/pnl/pho/47639215​82.html (external link)
http://tampa.craigslis​t.org/psc/pho/47443050​98.html (external link)

and IMO, this one takes the cake:
http://tampa.craigslis​t.org/hil/pho/47635438​15.html (external link)


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ed ­ rader
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Nov 18, 2014 11:14 |  #23

IlliniFan99 wrote in post #17271483 (external link)
What's the best way to determine a fair value for lenses you want to sell? I have a few I want to unload to fund another purchase but am not sure the best way to determine a fair value.

ebay will give you a very good idea. look at the completed auctions


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longbeachgary
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Nov 18, 2014 11:25 |  #24

redone


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ed ­ rader
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Nov 18, 2014 11:30 |  #25

riveragaryj@juno.com wrote in post #17279494 (external link)
The prices that people ask on this site are totally ridiculous to the point that if I need a good laugh I open up the Classifieds thread. The price has to be worth the risk of buying of buying used otherwise why bother. The fact that we are not allowed to "price police" makes it more likely than not that people are going to get ripped off.
My only advice is to be reasonable with your asking price.

how do you figure? if I offer an item for sale at my price and someone buys it how is he getting ripped off?

a free market does not need self-appointed price police. if you aren't happy with a price go somewhere else where that price is offered. if that place exists.


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DreDaze
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Nov 18, 2014 12:02 |  #26

i feel like the prices here are, for the most part, pretty good...there is an occasional high priced item, but most are priced cheaper than ebay completed listings...only thing is if you want to get a really good deal here, you have to be in the sell forum right after it was posted, because they go fast

and nobody's getting ripped off, because if it's high, they're not buying...


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carpenter
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Nov 18, 2014 12:26 |  #27

riveragaryj@juno.com wrote in post #17279494 (external link)
The prices that people ask on this site are totally ridiculous to the point that if I need a good laugh I open up the Classifieds thread. The price has to be worth the risk of buying of buying used otherwise why bother. The fact that we are not allowed to "price police" makes it more likely than not that people are going to get ripped off.

Then you don't watch the classifieds very often. There are a lot of good deals that come up. Some stuff is priced too high I agree, but there have been some good deals on here. Just on the first page there is a mint 70-200 f4 IS that sold for $750 shipped and paypal. Find me that deal somewhere else.
What something is worth is not your call. If you don't like it then move on. To suggest people are getting ripped off is pretty laughable as if they are being forced to buy or solicited by a seller. Are you one of those people that sees Craigslist ads for overpriced gear and feels the need to make a new post on Craigslist "shaming" the seller? No one is getting ripped off. Lastly, asking price is often not selling price. People PM offers all the time.
And to be clear I'm not a seller that overprices stuff. I've sold dozens of lenses and cameras on here and it's priced such that it sells usually within minutes or hours.


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Nov 18, 2014 12:33 |  #28

riveragaryj@juno.com wrote in post #17279494 (external link)
The prices that people ask on this site are totally ridiculous to the point that if I need a good laugh I open up the Classifieds thread. The price has to be worth the risk of buying of buying used otherwise why bother. The fact that we are not allowed to "price police" makes it more likely than not that people are going to get ripped off.

My only advice is to be reasonable with your asking price.

I don't think that people are getting ripped off but yeah most of the prices are laughable.




  
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chantu
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Nov 18, 2014 14:17 |  #29

Wherever you look for comparison, check for "sold" prices, not "asking" prices. Many a newbie puts their stuff up for sale in what they think should be the right price. But ... our free market always favors prices of similarly priced items. Craigslist (a bunch of newbies) occasionally has ridiculously high prices, but they learn -- no one buys their stuff. There's no need for price police because ... we price police ourselves in our heads.




  
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longbeachgary
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Nov 18, 2014 22:13 |  #30

ed rader wrote in post #17279501 (external link)
how do you figure? if I offer an item for sale at my price and someone buys it how is he getting ripped off?

a free market does not need self-appointed price police. if you aren't happy with a price go somewhere else where that price is offered. if that place exists.

You are absolutely right.


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Determining value of lenses
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