Depreciation...!

Started 3 months ago | Discussions thread
RobBobW Contributing Member • Posts: 930
Re: Depreciation...!

Kiwisnap wrote:

I just had a rude lesson in camera depreciation.

I was cogitating changing systems and asked my dealer how much he would give me for the two Grade 9 condition EM1X bodies he sold me for about NZ$10,000 not that long ago.

NZ$2900 for both...! Apparently Olympus second hand values have been panned by the sale of the camera business - at least here in NZ.

The dealer is giving you a low ball offer, because they intend to resell for at least twice what they are willing to give you to turn a profit and pay for staff, rent and lights etc.  For a better idea of the true retained value of your equipment, check out what they have sold for on eBay.  That will give a better indication of what the resale market will be.

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