shuncheung
Veteran Member
Refurbished Z9 started appearing in the first half of 2023 at $4500. That was a bit over a year since Nikon started shipping the Z9. But the early days of the Z9 was still under Covid supply-chain shortages. Nikon was shipping around 5000 Z9 a month.I don't mean any offense by 'so many'. While I do remember seeing the Z9 on the refurbished sale a coupe times, the Z9 is much older than the Z8. I suppose I didn't expect the Z8 to be marked down 20% off it's MSRP twice within 9 months of it's announcement/launch - and have enough inventory to not sell out in the first sale so it lingered at $3499 until this new one.Are you seeing published reports by sellers of their thousands of Z8s in refurb inventory? Or high management saying that they are swimming in returned/replaced Z8s? I don’t see any evidence, myself, of “so many” Z8s around.I think the deal is incredible, but I'm just wondering why/how there are so many refurbished Z8's around?
It is reasonable for Nikon to receive some back. Same thing happened with the Z9, and others. Probably with other brands as well. But we don’t know if there are three Z8s available in this refurb sale, or 30,000.
Nikon was shipping the Z8 in much larger numbers, as (1) it is cheaper and (2) Covid was mostly over by mid 2023. I received my new Z8 in mid November 2023 and based on my serial number, there were already 25K Z8 in the US and likely over 100K world wide. After the holiday discount, there should be a lot of Z8 in customers' hands. Say there are 40K in the US. If 2% is returned, there can easily be 800 refurb Z8.
I have both the Z8 and Z9. While I prefer the Z9, the Z8 is a fine camera. There were two early service advisories, but other than those, it is a great camera.Both, I would think. The Expeed7 is now 3? years old so has probably gone through at least two cycles of price reduction as fab production yields increase at the same time as production quantities increase with the Z8 and now Zf. If new bodies rumored for release imminently also use the Expeed7 that will continue to drive cost reductions.Of course you're more than welcome to speculate that Nikon would reduce the Z8 refurb price from $3499 to $3199 for 3 bodies in inventory, but I would speculate that their inventory is likely higher, much higher. I don't know of published reports, particularly from retailers, I'm just trying to remember the last time I've seen this so early on for others, and I'm not quite sure. I guess I'm just curious why there are enough refurbs to sell at a substantial discount and not run out, because I quite like both of mine and I can't think of why they'd all be returned to Nikon Direct.
I'm just curious which components are maturing and getting much cheaper. Expeed 7? The stacked sensor? Both, something else completely, etc. Otherwise I understand and agree, 'early adopter tax' is real.It’s common for manufacturers to negotiate additional discounts from suppliers on components as their products age. It’s also common to charge high prices to early adopters and then mark them down later. I see nothing interesting here. To me, it’s just business as usual.The other thing is, I don't think Nikon is selling these at a loss, so I'm wondering if the $800 difference from MSRP ($600 from new sale) was just margin all along, or if some component(s) started to become a lot cheaper, or yield a lot better (I.E. the sensor and/or Expeed7 costs much less now)... I haven't heard of any lithography news, but now this is the second time for this sale, I'm curious.
Similar with the stacked sensor, though since it only is used in the Z8/9 the lower volumes might not reduce its cost as much. Although … what about a stacked-sensor DX high end camera that is an offshoot?
The Expeed 7 is 28 months old. It has reached the average lifespan for an Expeed processor. I would expect an update within a year. It should also be cheaper to produce the stack sensor by now, after 2.5 years of production.