Forgot Password
Pentax Camera Forums Home
 

Reply
Show Printable Version Search this Thread
06-17-2011, 05:08 PM   #1
Pentaxian
v5planet's Avatar

Join Date: Jan 2010
Location: Seattle
Photos: Albums
Posts: 1,904
Appropriate pricing for used lenses?

Are there any good rules of thumb for generating a reasonable price point when selling near-mint condition used lenses that are still in production and available new? 80% of current price for new lens? 70%? Anything like that?

Fleabay is no help because I'm pretty sure the people over there are crazy.

06-17-2011, 05:11 PM   #2
Pentaxian
Aegon's Avatar

Join Date: Jan 2008
Location: Portland, OR
Posts: 1,411
I search through the sold section of the marketplace for prior sale prices and adjust based on condition.
06-17-2011, 05:12 PM   #3
Moderator
Site Supporter
Blue's Avatar

Join Date: Jun 2008
Location: Florida Hill Country
Photos: Gallery | Albums
Posts: 17,166
I personally go by 77% +/- 5% unless there is a reason to down price it or up-price it (such as an early FA 43 ltd (before 99).
06-17-2011, 05:30 PM   #4
Forum Member
bobva's Avatar

Join Date: May 2011
Location: Tacoma Everett
Posts: 53
Hate to tell you this but ebay prices have pretty much upped used stuff prices.

I heard of a Gsale were the the owner was quoting and printing pages from Ebay completed listings.

06-17-2011, 05:34 PM   #5
Pentaxian
v5planet's Avatar

Join Date: Jan 2010
Location: Seattle
Photos: Albums
Posts: 1,904
Original Poster
QuoteOriginally posted by bobva Quote
Hate to tell you this but ebay prices have pretty much upped used stuff prices.

I heard of a Gsale were the the owner was quoting and printing pages from Ebay completed listings.
For items no longer in production, this makes sense, but I typically see people posting listings for used items at prices that are higher than the same item new which, obviously, doesn't make my sense.
06-17-2011, 05:39 PM   #6
Veteran Member




Join Date: Oct 2010
Location: Taiwan
Photos: Gallery | Albums
Posts: 1,073
Your question is kind of vague. Are you looking for appropriate pricing for the seller or the buyer?

As a buyer I wouldn't even consider a lens priced higher than 80% of its current selling price. And I probably wouldn't be interested in paying more than 70%. There can be considerable risk buying used and you may or may not get the warranty.

As a seller it seems likely that you can sell for 80% or even more. But I don't understand it.
06-17-2011, 05:43 PM   #7
Moderator
Site Supporter
Blue's Avatar

Join Date: Jun 2008
Location: Florida Hill Country
Photos: Gallery | Albums
Posts: 17,166
QuoteOriginally posted by abacus07 Quote
Your question is kind of vague. Are you looking for appropriate pricing for the seller or the buyer?

As a buyer I wouldn't even consider a lens priced higher than 80% of its current selling price. And I probably wouldn't be interested in paying more than 70%. There can be considerable risk buying used and you may or may not get the warranty.

As a seller it seems likely that you can sell for 80% or even more. But I don't understand it.
I use my above guidelines as the upper limit when I am buying.
06-17-2011, 06:26 PM   #8
Senior Member




Join Date: Mar 2010
Photos: Albums
Posts: 114
On a lens costing more than 600.00 new, i would not purchase this lens for only 20%off with no warranty. Not worth it, the warranty is worth more to me. The more the cost, the lower the price would have to be for me to purchase used.

06-17-2011, 07:59 PM   #9
Inactive Account




Join Date: Dec 2008
Location: Ames, Iowa, USA
Photos: Albums
Posts: 2,965
Look at ebay's "completed listings" in the left hand column. It tells you what things actually sold for. The "buy it nows" you see listed are typically much higher and as the completed listings" data shows do not represent reality.
06-17-2011, 08:32 PM   #10
Veteran Member
RioRico's Avatar

Join Date: Jun 2008
Location: Limbo, California
Posts: 11,264
If you want to trust the free market, list them on eBay starting at 99 cents, and see where they go.
06-17-2011, 09:37 PM   #11
Veteran Member




Join Date: Oct 2010
Location: Taiwan
Photos: Gallery | Albums
Posts: 1,073
QuoteOriginally posted by newarts Quote
Look at ebay's "completed listings" in the left hand column. It tells you what things actually sold for. The "buy it nows" you see listed are typically much higher and as the completed listings" data shows do not represent reality.
But that doesn't mean it's smart to buy at those prices. Those are definitely the prices that you sell at. But I can't understand the prices that some people pay for used lenses from a stranger when they could go out and buy it new with a warranty from an established merchant for 10-20% more.
06-17-2011, 09:56 PM   #12
Veteran Member
dgaies's Avatar

Join Date: Oct 2009
Location: Maryland / Washington DC
Posts: 3,917
QuoteOriginally posted by abacus07 Quote
But that doesn't mean it's smart to buy at those prices. Those are definitely the prices that you sell at. But I can't understand the prices that some people pay for used lenses from a stranger when they could go out and buy it new with a warranty from an established merchant for 10-20% more.
I guess I look at it the other way. I can't imagine buying a lens new and paying 20% more for the same thing just to get a warranty that I likely will never use. Of the 20(ish) lenses I own right now, the only one I bought new was the DA15, and that was only because it just came out (when I bought it) and there were no used ones for sale. Now I agree that as the price of a used lens approaches the new price there is certainly less incentive to buy used. However, for me that point might approach ~90% of the new price depending on the specific lens.
06-17-2011, 10:34 PM   #13
Moderator
Site Supporter
Blue's Avatar

Join Date: Jun 2008
Location: Florida Hill Country
Photos: Gallery | Albums
Posts: 17,166
QuoteOriginally posted by dgaies Quote
I guess I look at it the other way. I can't imagine buying a lens new and paying 20% more for the same thing just to get a warranty that I likely will never use. Of the 20(ish) lenses I own right now, the only one I bought new was the DA15, and that was only because it just came out (when I bought it) and there were no used ones for sale. Now I agree that as the price of a used lens approaches the new price there is certainly less incentive to buy used. However, for me that point might approach ~90% of the new price depending on the specific lens.
What about a DA* 16-50mm?
06-18-2011, 05:49 AM   #14
Veteran Member
dgaies's Avatar

Join Date: Oct 2009
Location: Maryland / Washington DC
Posts: 3,917
QuoteOriginally posted by Blue Quote
What about a DA* 16-50mm?
That would fall under the "depending on the specific lens" clause of my above statement

Let's just say the threshold buy price on a used DA*16-50 (for me) would be less than $500
Reply

Bookmarks
  • Submit Thread to Facebook Facebook
  • Submit Thread to Twitter Twitter
  • Submit Thread to Digg Digg
Tags - Make this thread easier to find by adding keywords to it!
k-mount, pentax lens, price, slr lens
Thread Tools Search this Thread
Search this Thread:

Advanced Search


Similar Threads
Thread Thread Starter Forum Replies Last Post
Help - pricing? amoringello Pentax Film SLR Discussion 7 02-01-2011 02:56 PM
USA Pricing vs Canada Pricing Babbs Pentax DSLR Discussion 4 11-18-2010 05:27 PM
K5 pricing - opiedog Pentax DSLR Discussion 32 09-27-2010 06:01 AM
Kx pricing future_retro Pentax DSLR Discussion 12 09-12-2010 01:03 PM
Rules/Guidelines when pricing used lenses? lastdodobird Pentax SLR Lens Discussion 3 12-22-2009 08:38 PM



All times are GMT -7. The time now is 06:05 PM. | See also: NikonForums.com, part of our network of photo forums!
  • Red (Default)
  • Green
  • Gray
  • Dark
  • Dark Yellow
  • Dark Blue
  • Old Red
  • Old Green
  • Old Gray
  • Dial-Up Style
Hello! It's great to see you back on the forum! Have you considered joining the community?
register
Creating a FREE ACCOUNT takes under a minute, removes ads, and lets you post! [Dismiss]
Top