can't believe my 5R has lost almost half value in 7 months

Started Sep 2, 2013 | Discussions thread
Kings1 Regular Member • Posts: 176
Re: can't believe my 5R has lost almost half value in 7 months

Sir Punk wrote:

I have been reading a bit the news on nex rumors and I happened to noticed a post about the 5R being sold for $429

I bought my 5R at the end of January for $700 and now it's probably worth $300 on the used market. I know how much technology depreciates but also my experience with other expensive digital cameras I have owned (one example to LX3) was that the value wouldn't go down so sharply. Not even a year has gone by.

However the camera is, or will be a year old soon. Each camera model has a value  depending on how many were produced and sold. Also rebates can play into value

This makes me reconsider Sony for my next purchase of a digital camera with such short product life.

How do you figure a short digital life? Most cameras if taken care will last a long time. In fact I still have my original 1.3 megapixel Sony digital camera, it functions perfectly too....

What are people thoughts on this matter? I am quite upset about it. I always sell my gear and reinvest that money to buy new one but this 5R is going to be quite a financial loss.

I don't buy my equipment to update and sell quickly, so I guess taking a loss isn't a big deal to me. As for lenses they tend to hold their value better than the camera bodies do. I bought into a system and replacing a camera body is a lot cheaper than buying into a entirely new camera system from scratch.

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