Is it theft?

400 open market is decent for both parties.

350 for a friend is fine.

If some random dude will pay between 500 or 1000 why argue?

PT Barnum was right... see the egress here >>>

Charlie wrote in post #18212337
Want to get 500 for the kit? list it on ebay for 550 to cover your fees.

Charlie wrote in post #18212358
I can list the nifty fifty for $200 on ebay, does it mean it'll sell?

Your first statement indicates your belief that sale for that price on eBay is possible. In fact it represents your advice for getting that price. Your response means nothing in the context. Using that follow-up and your information though, it is possible to sell things for prices that may seem outrageous compared to local availability. When you see crazy prices on eBay and the like the sellers are often selling for that price. They may be taking advantage of differences in pricing, availability and even taxation in other regions. I know a guy who makes a nice living selling way above US retail to Europeans by circumventing the VAT. It's called arbitrage. You never know how much someone will pay till you ask.

nqjudo wrote in post #18212385
Your first statement indicates your belief that sale for that price on eBay is possible. In fact it represents your advice for getting that price. Your response means nothing in the context. Using that follow-up and your information though, it is possible to sell things for prices that may seem outrageous compared to local availability. When you see crazy prices on eBay and the like the sellers are often selling for that price. They may be taking advantage of differences in pricing, availability and even taxation in other regions. I know a guy who makes a nice living selling way above US retail to Europeans by circumventing the VAT. It's called arbitrage. You never know how much someone will pay till you ask.

sorry, it doesnt, you were jumping to conclusions.

I routinely get top dollar on ebay, but this is way beyond top dollar. This fringes on deception, like predatory selling. And back to the thread, this isnt some random person TS is selling to, hence the creation of this thread.

Charlie wrote in post #18212399
sorry, it doesnt, you were jumping to conclusions.

I routinely get top dollar on ebay, but this is way beyond top dollar. This fringes on deception, like predatory selling. And back to the thread, this isnt some random person TS is selling to, hence the creation of this thread.

First, TS is not the OP nor is TS selling anything. Second, the OP was asking ADVICE about selling and has not sold anything as of yet or, at least that he/she has acknowledged. Have you bothered to read this entire thread? There is nothing going on that approaches deception or predation. All there is is someone looking for direction to do the right thing. I seriously have no idea where your post comes from but it seems to me that you are either not really following or grasping the finer point of this thread and only making reactionary statements to specific points. Honestly, you seem somewhat removed from the discussion. That said I'm moving on. Enjoy your evening.

I would ask whatever I feel is the fair market value. Just because you have determined the package to be $350, that may simply not be the case. Your values on goods may be different my value placed on those goods. I as a seller can decide to sell this for whatever I want to friends or strangers. You as the buyer, as a friend or a stranger, needs to decide if it is worth it. I have no obligation to ask "fair market value".

In fact in my experience, my friends and family expect that I will sell things for well below market value, just the opposite of the situation we are talking about. That also is "theft" then, but from the other direction.

I would dare argue this package is worth $400. I came to this value due to current Amazon prices, looking for like-new or good conditioned items. So far we have $300, $350, my $400 and the original post of $500. The fair market value of all of this is purely subjective.

Again in the end, I have ZERO obligation to friends, family or strangers to make sure I list something at what one person may consider to fair market value. Market value is simply determined by what one person decides to spend for an item.

The same discussions occur when you are the buyer, and go to an antique show or swap show, and you see something that is priced well below a value you could sell that item for. Again in this situation, I have ZERO obligation in educating the seller that they are pricing a valuable item for well below what the value might be. The buyer is responsible for themselves, the buyer is responsible for themselves, any other expectations lead to countless frivolous lawsuits, and I am of the opinion that a few lawyers in the world is still too many.

Just an FYI, TS means thread starter... not teamspeed....

Interestingly, we were just approached by friends to see if we wanted to sell our 2 year old rav4, I bet if I ask everyone here what I should sell it for, knowing it has 31k and is loaded, I would get all kind of answers. If I decide to sell it, I am going to ask $25k. I could use KBB, Edmunds, Nada, or local sales numbers. This asking price is probably about $2k above 3rd party estimate, but that is what I need from it to get into a different vehicle. If they pay it, great, if not, I will keep my 0% 60 mo payments. Theft? Will someone think less of me? I won't care because it isn't any of their business how the deal goes down.

The TS wants to know what a reasonable amount to ask would be, not everyone's opinion of his morality or ethics should he sell this at a near retail price to a friend. $500 would be a retail price, one that a local camera shop would sell that package for. $350-400 is closer to the value of third party, and $250-300 would be trade in value, if we compare this to the car market.

Well, this has generated a lot more heat than I expected it would - and thank you all for the responses. First, let me say that I have not yet sold anything and was looking for a perspective to set a fair price, which I now recognize is more difficult and ethereal than I had first thought. To me, this kit in its condition is worth 500, but the market would seem to say that's too much - given that, does that mean that it wouldn't have such value to the person who purchased it? Who can say that the value they've received from their gear is equal to what they paid? Certainly, I've gotten far more value from my L lenses than the rather substantial price they cost.

Nonetheless, from a sales perspective now, I'm thinking maybe 400 would be better. It might be at the high end, but is still, I think, in the window and the gear really is spotless and in perfect operation. That should have some value over buying from a random person when you don't know how its been treated.

TeamSpeed wrote in post #18212483
Just an FYI, TS means thread starter... not teamspeed....

Interestingly, we were just approached by friends to see if we wanted to sell our 2 year old rav4, I bet if I ask everyone here what I should sell it for, knowing it has 31k and is loaded, I would get all kind of answers. If I decide to sell it, I am going to ask $25k. I could use KBB, Edmunds, Nada, or local sales numbers. This asking price is probably about $2k above 3rd party estimate, but that is what I need from it to get into a different vehicle. If they pay it, great, if not, I will keep my 0% 60 mo payments. Theft? Will someone think less of me? I won't care because it isn't any of their business how the deal goes down.

The TS wants to know what a reasonable amount to ask would be, not everyone's opinion of his morality or ethics should he sell this at a near retail price to a friend. $500 would be a retail price, one that a local camera shop would sell that package for. $350-400 is closer to the value of third party, and $250-300 would be trade in value, if we compare this to the car market.

Well, what an eye-opener. I get the point about your Rav4. (My wife and I both drive Rav4s. Love 'em). Anyway, we also have an old farm truck, a '93 F150. It has is share of problems, and has 160K miles on it. Realistically, it may be worth $1,200. But it is a 'Short-bed, Flare-side, LT'. We have been offered $4,000 for it, with hints of more if we need it. The truck is reliable, and I know its flaws. And I need a truck, even if I only use it 3 or 4 times a year. Point is, I can't replace for what is being offered. It is worth way more the $1,200 to me. If someone offered $10,000 today, I'll go truck shopping tomorrow. Value is determined by the buyer and the seller. Markets may inform both, but each deal is individual.

The rav4 is a strange thing. It is really a boring vehicle overall, but does what we need it to. It is not as refined as the Honda, not as fun as the CX-5, and is one of the more expensive compacts. Of course then again, when weather is fine, I am driving my Camaro SS 6.2L almost 500hp 12.3s/quarter mile fun vehicle, so what would I expect?

I am contemplating the CX 5 if we sell the rav. The question is what price can I ask where it is worth our time to go back through financing, the purchase process, etc just because our friends want to find a good fairly new vehicle from someone they can trust?

The same, to a much smaller extent, can be taken down to selling camera equipment.

craigat wrote in post #18212725
Well, this has generated a lot more heat than I expected it would - and thank you all for the responses. First, let me say that I have not yet sold anything and was looking for a perspective to set a fair price, which I now recognize is more difficult and ethereal than I had first thought. To me, this kit in its condition is worth 500, but the market would seem to say that's too much - given that, does that mean that it wouldn't have such value to the person who purchased it? Who can say that the value they've received from their gear is equal to what they paid? Certainly, I've gotten far more value from my L lenses than the rather substantial price they cost.

Nonetheless, from a sales perspective now, I'm thinking maybe 400 would be better. It might be at the high end, but is still, I think, in the window and the gear really is spotless and in perfect operation. That should have some value over buying from a random person when you don't know how its been treated.

I think that is a fair amount, the buyer, if educated on the values, might push you down a bit, and you might end up at $350-375. The T2i is still a very good camera.

So when you phone your parents and find out they paid 179$ for an oil change it doesn't bother you?

What about the convienance for you not having to list the item? It's a lot easier for you to sell it to a friend so maybe you should pay a convienance fee. are you offering a warranty? Do you want to keep this friend?

If it's value is really 300-350 considering what knowledgable people would pay offer it to the friend for 300 firm. You've said you would accept 350...so all we are talking about is 50. What happens when the friend talks to someone who knows or looks on eBay etc and feels you took advantage of him? It's an easy sale for you and now you have another friend to talk shop with...maybe eventually share lenses with.

If getting the max money is the most important thing don't sell to a friend. If a stranger pays too much caveat emptor.

mikeassk wrote in post #18213588
So when you phone your parents and find out they paid 179$ for an oil change it doesn't bother you?

they probably got good car advice, it was from a friend, and they were willing to pay for it, so it was worth it

These are some random prices I grabbed off KEH for equipment in excellent condition:

T2i $268

18-55 F3.5-5.6 IS EF-s $72 to $76

55-250 F4-5.6 EF-S $56

Canon BG-E8 Battery Grip $72

You can total that up, using the $76 for the 18-55 and you come to $472. The other incidentals don't amount to much, perhaps $35 tops so you are up around the $500 ballpark at used retail.

Keep in mind that a purchase from KEH includes a 180-day warranty and return privilege. If the OP seeks $500 what warranty or return privilege does the buyer get?

John from PA wrote in post #18213931
T2i $268

Geez. I sold my t2i almost a year ago (Jan 2016) with a $50 (when new) removable viewfinder, 16GB card and some random accessories and listed it for $190 and got nothing but $100-$150 offers. I think I held out and got $170-$180. Absolutely pristine without a single mark on it.

I vote pure mugging for the original question.