MPB photographic dealers

topcat74 said:

I have just sold all of my Nikon gear through MPB UK.

They gave me an initial quote for all my gear, which I marked as " Like new" , which I accepted.

They sent out a courier to pick up the parcel on the Thursday 18 April.

They received all my gear today Friday 19 April.

I have just received an email from them saying that they have inspected my equipment and are going to upgrade their quotation, even though I marked my gear as "like new".

I accepted their new quote gave them my bank details and they will credit my account in 1-3 working days.

Very pleased with the process so can recommend them from this experience.

Dave

Click to expand...

MJ_Photo38 said:

Selling to MPB is nice because you need to find a buyer selling yourself, ect

Problem though, is that they generally don't get even near to the actual worth of the gear you sell to them.

They sell slightly above street price (which is normal, they have warranty and return services, a warehouse with employees to pay ect so all good there), but they don't even give you 50% of that when making their quote.

For curiosity I went to check how much they'd give me for my Fuji X-T2 in like new condition with original box and everything, they would have given me 295€, while they sold that camera 650 to 700€ on their website. And that is just one example out of many items I tried to get a quote for.

In a nutshell : if you have some money to make selling photo equipment : going through the hassle of selling it yourself will save you a lot of money. Only sell to MPB if you really want to sell as fast as possible.

Buying to MPB is generally pretty good as you have the service of a platform and the prices are fair. Can't say the same for the other side of the coin. I think that they make outrageous margins off the gear they buy, sometimes taking advantage of people that just don't know any better.

Click to expand...

Mackiesback said:

MJ_Photo38 said:

Selling to MPB is nice because you need to find a buyer selling yourself, ect

Problem though, is that they generally don't get even near to the actual worth of the gear you sell to them.

They sell slightly above street price (which is normal, they have warranty and return services, a warehouse with employees to pay ect so all good there), but they don't even give you 50% of that when making their quote.

For curiosity I went to check how much they'd give me for my Fuji X-T2 in like new condition with original box and everything, they would have given me 295€, while they sold that camera 650 to 700€ on their website. And that is just one example out of many items I tried to get a quote for.

In a nutshell : if you have some money to make selling photo equipment : going through the hassle of selling it yourself will save you a lot of money. Only sell to MPB if you really want to sell as fast as possible.

Buying to MPB is generally pretty good as you have the service of a platform and the prices are fair. Can't say the same for the other side of the coin. I think that they make outrageous margins off the gear they buy, sometimes taking advantage of people that just don't know any better.

Click to expand...

It's a business. Most resellers of just about anything get about a 50% margin from their suppliers, which is not the same as profit. Often when places like MPB offer even less, it's because they already have lots of inventory and don't really need that item.

I think most selling to them are aware of the markups.

Click to expand...

MJ_Photo38 said:

Mackiesback said:

MJ_Photo38 said:

Selling to MPB is nice because you need to find a buyer selling yourself, ect

Problem though, is that they generally don't get even near to the actual worth of the gear you sell to them.

They sell slightly above street price (which is normal, they have warranty and return services, a warehouse with employees to pay ect so all good there), but they don't even give you 50% of that when making their quote.

For curiosity I went to check how much they'd give me for my Fuji X-T2 in like new condition with original box and everything, they would have given me 295€, while they sold that camera 650 to 700€ on their website. And that is just one example out of many items I tried to get a quote for.

In a nutshell : if you have some money to make selling photo equipment : going through the hassle of selling it yourself will save you a lot of money. Only sell to MPB if you really want to sell as fast as possible.

Buying to MPB is generally pretty good as you have the service of a platform and the prices are fair. Can't say the same for the other side of the coin. I think that they make outrageous margins off the gear they buy, sometimes taking advantage of people that just don't know any better.

Click to expand...

It's a business. Most resellers of just about anything get about a 50% margin from their suppliers, which is not the same as profit. Often when places like MPB offer even less, it's because they already have lots of inventory and don't really need that item.

I think most selling to them are aware of the markups.

Click to expand...

Yes I know, but for people that don't really know what their camera is worth, getting only 50% of its value when selling it is like accepting to be scammed for the sake of convinience.

I'd recommend to buy from MPB (although they aren't super competent, and all sorts of things fly through the net).

Buy from MPB = yes

Sell to MPB = only if you don't care about money

Click to expand...

MJ_Photo38 said:

Mackiesback said:

MJ_Photo38 said:

Selling to MPB is nice because you need to find a buyer selling yourself, ect

Problem though, is that they generally don't get even near to the actual worth of the gear you sell to them.

They sell slightly above street price (which is normal, they have warranty and return services, a warehouse with employees to pay ect so all good there), but they don't even give you 50% of that when making their quote.

For curiosity I went to check how much they'd give me for my Fuji X-T2 in like new condition with original box and everything, they would have given me 295€, while they sold that camera 650 to 700€ on their website. And that is just one example out of many items I tried to get a quote for.

In a nutshell : if you have some money to make selling photo equipment : going through the hassle of selling it yourself will save you a lot of money. Only sell to MPB if you really want to sell as fast as possible.

Buying to MPB is generally pretty good as you have the service of a platform and the prices are fair. Can't say the same for the other side of the coin. I think that they make outrageous margins off the gear they buy, sometimes taking advantage of people that just don't know any better.

Click to expand...

It's a business. Most resellers of just about anything get about a 50% margin from their suppliers, which is not the same as profit. Often when places like MPB offer even less, it's because they already have lots of inventory and don't really need that item.

I think most selling to them are aware of the markups.

Click to expand...

Yes I know, but for people that don't really know what their camera is worth, getting only 50% of its value when selling it is like accepting to be scammed for the sake of convinience.

I'd recommend to buy from MPB (although they aren't super competent, and all sorts of things fly through the net).

Buy from MPB = yes

Sell to MPB = only if you don't care about money

Click to expand...

PAntunes said:

MJ_Photo38 said:

Mackiesback said:

MJ_Photo38 said:

Selling to MPB is nice because you need to find a buyer selling yourself, ect

Problem though, is that they generally don't get even near to the actual worth of the gear you sell to them.

They sell slightly above street price (which is normal, they have warranty and return services, a warehouse with employees to pay ect so all good there), but they don't even give you 50% of that when making their quote.

For curiosity I went to check how much they'd give me for my Fuji X-T2 in like new condition with original box and everything, they would have given me 295€, while they sold that camera 650 to 700€ on their website. And that is just one example out of many items I tried to get a quote for.

In a nutshell : if you have some money to make selling photo equipment : going through the hassle of selling it yourself will save you a lot of money. Only sell to MPB if you really want to sell as fast as possible.

Buying to MPB is generally pretty good as you have the service of a platform and the prices are fair. Can't say the same for the other side of the coin. I think that they make outrageous margins off the gear they buy, sometimes taking advantage of people that just don't know any better.

Click to expand...

It's a business. Most resellers of just about anything get about a 50% margin from their suppliers, which is not the same as profit. Often when places like MPB offer even less, it's because they already have lots of inventory and don't really need that item.

I think most selling to them are aware of the markups.

Click to expand...

Yes I know, but for people that don't really know what their camera is worth, getting only 50% of its value when selling it is like accepting to be scammed for the sake of convinience.

I'd recommend to buy from MPB (although they aren't super competent, and all sorts of things fly through the net).

Buy from MPB = yes

Sell to MPB = only if you don't care about money

Click to expand...

Selling to MPB is safe because you know they'll pay and you won't be scammed and it's fast because you know they will buy the camera as soon as you send it.
You don't have to waste time talking to potencial buyers, you don't have to worry about the buyer complaining the week after that they found something with the camera, etc.
For me, selling to MPB = is the extra time and possible headache of selling privately worth the extra money?

Click to expand...

PAntunes said:

MJ_Photo38 said:

Mackiesback said:

MJ_Photo38 said:

Selling to MPB is nice because you need to find a buyer selling yourself, ect

Problem though, is that they generally don't get even near to the actual worth of the gear you sell to them.

They sell slightly above street price (which is normal, they have warranty and return services, a warehouse with employees to pay ect so all good there), but they don't even give you 50% of that when making their quote.

For curiosity I went to check how much they'd give me for my Fuji X-T2 in like new condition with original box and everything, they would have given me 295€, while they sold that camera 650 to 700€ on their website. And that is just one example out of many items I tried to get a quote for.

In a nutshell : if you have some money to make selling photo equipment : going through the hassle of selling it yourself will save you a lot of money. Only sell to MPB if you really want to sell as fast as possible.

Buying to MPB is generally pretty good as you have the service of a platform and the prices are fair. Can't say the same for the other side of the coin. I think that they make outrageous margins off the gear they buy, sometimes taking advantage of people that just don't know any better.

Click to expand...

It's a business. Most resellers of just about anything get about a 50% margin from their suppliers, which is not the same as profit. Often when places like MPB offer even less, it's because they already have lots of inventory and don't really need that item.

I think most selling to them are aware of the markups.

Click to expand...

Yes I know, but for people that don't really know what their camera is worth, getting only 50% of its value when selling it is like accepting to be scammed for the sake of convinience.

I'd recommend to buy from MPB (although they aren't super competent, and all sorts of things fly through the net).

Buy from MPB = yes

Sell to MPB = only if you don't care about money

Click to expand...

Selling to MPB is safe because you know they'll pay and you won't be scammed and it's fast because you know they will buy the camera as soon as you send it.
You don't have to waste time talking to potencial buyers, you don't have to worry about the buyer complaining the week after that they found something with the camera, etc.
For me, selling to MPB = is the extra time and possible headache of selling privately worth the extra money?

Click to expand...

MJ_Photo38 said:

Mackiesback said:

MJ_Photo38 said:

Selling to MPB is nice because you need to find a buyer selling yourself, ect

Problem though, is that they generally don't get even near to the actual worth of the gear you sell to them.

They sell slightly above street price (which is normal, they have warranty and return services, a warehouse with employees to pay ect so all good there), but they don't even give you 50% of that when making their quote.

For curiosity I went to check how much they'd give me for my Fuji X-T2 in like new condition with original box and everything, they would have given me 295€, while they sold that camera 650 to 700€ on their website. And that is just one example out of many items I tried to get a quote for.

In a nutshell : if you have some money to make selling photo equipment : going through the hassle of selling it yourself will save you a lot of money. Only sell to MPB if you really want to sell as fast as possible.

Buying to MPB is generally pretty good as you have the service of a platform and the prices are fair. Can't say the same for the other side of the coin. I think that they make outrageous margins off the gear they buy, sometimes taking advantage of people that just don't know any better.

Click to expand...

It's a business. Most resellers of just about anything get about a 50% margin from their suppliers, which is not the same as profit. Often when places like MPB offer even less, it's because they already have lots of inventory and don't really need that item.

I think most selling to them are aware of the markups.

Click to expand...

Yes I know, but for people that don't really know what their camera is worth, getting only 50% of its value when selling it is like accepting to be scammed for the sake of convinience.

Click to expand...

MJ_Photo38 said:

I'd recommend to buy from MPB (although they aren't super competent, and all sorts of things fly through the net).

Buy from MPB = yes

Sell to MPB = only if you don't care about money

Click to expand...

Mark B. said:

MJ_Photo38 said:

Mackiesback said:

MJ_Photo38 said:

Selling to MPB is nice because you need to find a buyer selling yourself, ect

Problem though, is that they generally don't get even near to the actual worth of the gear you sell to them.

They sell slightly above street price (which is normal, they have warranty and return services, a warehouse with employees to pay ect so all good there), but they don't even give you 50% of that when making their quote.

For curiosity I went to check how much they'd give me for my Fuji X-T2 in like new condition with original box and everything, they would have given me 295€, while they sold that camera 650 to 700€ on their website. And that is just one example out of many items I tried to get a quote for.

In a nutshell : if you have some money to make selling photo equipment : going through the hassle of selling it yourself will save you a lot of money. Only sell to MPB if you really want to sell as fast as possible.

Buying to MPB is generally pretty good as you have the service of a platform and the prices are fair. Can't say the same for the other side of the coin. I think that they make outrageous margins off the gear they buy, sometimes taking advantage of people that just don't know any better.

Click to expand...

It's a business. Most resellers of just about anything get about a 50% margin from their suppliers, which is not the same as profit. Often when places like MPB offer even less, it's because they already have lots of inventory and don't really need that item.

I think most selling to them are aware of the markups.

Click to expand...

Yes I know, but for people that don't really know what their camera is worth, getting only 50% of its value when selling it is like accepting to be scammed for the sake of convinience.

Click to expand...

It's not a scam, and you are paying for the convenience of not having to deal with managing the sale on your own. It's strange to refer to this as a "scam".

Member said:

I'd recommend to buy from MPB (although they aren't super competent, and all sorts of things fly through the net).

Buy from MPB = yes

Sell to MPB = only if you don't care about money

Click to expand...

How can you not recognize that you are selling to a middleman? If you want the maximum amount from the gear you're selling then yes by all means you are going to have to sell it completely on your own directly to the end buyer.

Click to expand...

topcat74 said:

I have just sold all of my Nikon gear through MPB UK.

They gave me an initial quote for all my gear, which I marked as " Like new" , which I accepted.

I have just received an email from them saying that they have inspected my equipment and are going to upgrade their quotation, even though I marked my gear as "like new".

Dave

Click to expand...

topcat74 said:

I have just sold all of my Nikon gear through MPB UK.

They gave me an initial quote for all my gear, which I marked as " Like new" , which I accepted.

They sent out a courier to pick up the parcel on the Thursday 18 April.

They received all my gear today Friday 19 April.

I have just received an email from them saying that they have inspected my equipment and are going to upgrade their quotation, even though I marked my gear as "like new".

I accepted their new quote gave them my bank details and they will credit my account in 1-3 working days.

Very pleased with the process so can recommend them from this experience.

Dave

Click to expand...

Mark B. said:

How can you not recognize that you are selling to a middleman? If you want the maximum amount from the gear you're selling then yes by all means you are going to have to sell it completely on your own directly to the end buyer.

Click to expand...

JohnSil said:

topcat74 said:

I have just sold all of my Nikon gear through MPB UK.

They gave me an initial quote for all my gear, which I marked as " Like new" , which I accepted.

I have just received an email from them saying that they have inspected my equipment and are going to upgrade their quotation, even though I marked my gear as "like new".

Dave

Click to expand...

Dave, by "UPGRADE", do you mean they are going to give you MORE money than the original quote?

John

Click to expand...