What would be a better strategy to buy new cameras?

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AaronX Contributing Member • Posts: 830
What would be a better strategy to buy new cameras?
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One can buy a new camera at different time points after it is introduced. The question is: Is there a better time than others? Take the example of X-T2. It was introduced at a price of USD 1600 (available September 2016), and it was replaced by X-T3 two years later. Consider the following scenarios:

1. Early adopter: buy at $1600 at introduction, and sell it to buy the X-T3 two years later at introduction. After two years, you can probably sell the X-T2 for $1000. The cost of using it per year is $300. You always get to enjoy the new features.

2. Buy at first discount: buy the X-T2 when there is a small discount after its introduction, probably at $1500 , and sell it to buy the X-T3 when there is a first discount on X-T3, which is also likely to be two year later. You can probably sell the X-T2 for $900. The cost of using it per year is $300. You don't save much and don't get to enjoy the new toy.

3. Buy at the introduction of the newer model: so you buy X-T2, probably at $1100, when the X-T3 is introduced. After another two years, you can sell the X-T2 maybe for $500. The cost of using it per year is again $300. You don't save much and don't get to enjoy the new toy.

4. Buy at closeout price. For example, buy the X-T2 now at $800 and sell two year later. You will probably get $400 back. The cost of using it per year is $200. There is a real saving, but you need to watch out for the closeout of X-T3 next time.

5. Upgrade every other release. You buy X-T2 at $1600 and hold it for four years. Sell at $500 to get X-T4. he cost of using it per year is $275. You don't save much and never get to use the X-T3.

The prices in the examples are made up, but I hope they are close to the true prices. The conclusion seems to be (other than owning digital cameras suck):

To really save money, you should buy at closeout price. All the other options have similar cost of ownership per year, so you might as well be the early adopter (if not liquidity constraint) to enjoy the new features every time.

I have left out the option of buying used. Obviously this could be the most cost effective way, but many people don't want to take the risk of getting a lemon.

What do you think?

Fujifilm X-T2 Fujifilm X-T3
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