V1+lens 399 new. The free fall of the value continues...

Started Oct 1, 2012 | Discussions
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Paul Pasco
Paul Pasco Veteran Member • Posts: 5,096
Re: V1+lens 399 new. The free fall of the value continues...

This is kind of ironic; I would never have paid for a V1/10-30 kit what my family did ($849) when they got me one for Christmas, but after 10 months of use I wouldn't hesitate to buy the same kit for $399 now! I just added a used FT-1 and a used 10mm is on the way.
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Regards, Paul

Lili's Dad

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jonikon
jonikon Veteran Member • Posts: 5,771
Re: V1+lens 399 new. The free fall of the value continues...

At this price I could no llonger resist! I just ordered the V1.

  • Jon

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Wayne N. Veteran Member • Posts: 9,986
Re: V1+lens 399 new. The free fall of the value continues...

jonikon wrote:

At this price I could no llonger resist! I just ordered the V1.

Resistance was futile! Good for you Jon. I'm happy for you - you're gonna love it (especially at that price - damn!).

Cheers,

Wayne
http://www.pbase.com/wayne_n

Kim Bomstad Regular Member • Posts: 151
Re: V1+lens 399 new. The free fall of the value continues...

Thanks to Nikonrumors I ended up with one V1 on order from that link, nice price to get into the system 1 eaven if there might be a V2 arround the corner...
-kb

Lucas Jarvis Regular Member • Posts: 465
Re: V1+lens 399 new. The free fall of the value continues...

I bought one too.

I know everyone is rumouring that maybe a V2 is around the corner. But would it be more likely that they just want to sell off the V1 with 10-30 kit so they can then start selling it packaged with their new smaller standard zoom lens?

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Regards,
Lucas

happypoppeye
happypoppeye Veteran Member • Posts: 3,880
I saw that but...

I'm in the market for a new, small cmaera for an upcoming trip in November ...saw the link for $399 ...holy cr*d thats cheap ...but still, I can't pull the trigger ...I would almost pay a hundred more, and may, for the new P7700 ...maybe the i system is a bust ...it's not small enough to really warrant buying it compared to an SLR and really doesn't have the IQ to really negate the extra size compared to some of the new compacts coming out ...sort of a in betweener...

ThomasH_always wrote:

V1_kit lens 10-30 VR is now at Adorama for $399, actually for less than J1.

http://www.adorama.com/INK1V1BK.html?emailprice=t&utm_term=Other&utm_medium=Affiliate&utm_campaign=Other&utm_source=rflaid63773

I just hope its because of the V2 coming up... I would hate to be right about my Nikon 1 downfall prediction, the next Pronea.

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It's almost all opinion folks, gonna have to deal with it.

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wlad Senior Member • Posts: 1,486
Re: I saw that but...

happypoppeye wrote:

I'm in the market for a new, small cmaera for an upcoming trip in November ...saw the link for $399 ...holy cr*d thats cheap ...but still, I can't pull the trigger ...I would almost pay a hundred more, and may, for the new P7700

paying $100 more for a P7700 P&S is the single most ridiculous buying decision a man can make.

HZP Contributing Member • Posts: 781
Re: I saw that but...

Yep.

Bailey151 Senior Member • Posts: 1,139
Re: I saw that but...

wlad wrote:

paying $100 more for a P7700 P&S is the single most ridiculous buying decision a man can make.

Exactly & while the sensor is only 1" that's still "way more bigger" than a P&S

quezra Senior Member • Posts: 3,915
Re: V1+lens 399 new. The free fall of the value continues...

I think this is part of a realignment of strategy. They were fooling noone but diehard fanboys that they could sell 1" CSCs at $800+, when m4/3 and NEX had $300 bodies competing with them. I suspect that the V2, if it does come soon, will struggle to above $600. It also suggests for all the self-glorifying hype about how well the system is selling, those figures must be massaged or they wouldn't be slashing prices like there's no tomorrow. Still, if the V2 and some good lenses that are absolutely necessary for such a small sensor came out at under $600, this might be a revival. They need to position themselves as the bottom of the CSC tree properly - cheaper, faster, more versatile - all the things a 1" sensor can do that the bigger ones can't. Sigma has already damned them by calling them a non-serious CSC.

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ispress Forum Member • Posts: 96
Re: I saw that but...

happypoppeye wrote:

I'm in the market for a new, small cmaera for an upcoming trip in November ...saw the link for $399 ...holy cr*d thats cheap ...but still, I can't pull the trigger

I hope you find the camera you're after, but don't assume that the $399 price will last forever. If this is just an inventory reduction strategy to make way for the new (crappier) kit lens, prices will stabilize soon.

And if there's a V1 2 on the way, they'll run out of V1s pretty quick.

Either way, it's not safe to bet that you can scoop up this same deal in a week or two.

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jonikon
jonikon Veteran Member • Posts: 5,771
Re: I saw that but...

ispress wrote:

happypoppeye wrote:

I'm in the market for a new, small cmaera for an upcoming trip in November ...saw the link for $399 ...holy cr*d thats cheap ...but still, I can't pull the trigger

I hope you find the camera you're after, but don't assume that the $399 price will last forever. If this is just an inventory reduction strategy to make way for the new (crappier) kit lens, prices will stabilize soon.

And if there's a V1 2 on the way, they'll run out of V1s pretty quick.

Either way, it's not safe to bet that you can scoop up this same deal in a week or two.

True.This deal won't last long. Amazon is already sold out of the black body V1, as are some other retailers as well.

  • Jon

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MrSkelter Contributing Member • Posts: 693
Re: V1+lens 399 new. The free fall of the value continues...

I'm skeptical about the huh-end being gone for a few reasons.

1. Nikon need an upgrade path from compact to full-frame and a mirrorless camera. Without one there's no way to offer interchangeable lenses in a compact factor. They'll essentially hand the market to the competition.

2. If the V1 is gone then the price-path goes from J1 to fixed-lens Coolpix and then DSLR. Weird.

I think that they have probably realized the V2 needs premium glass and functionality. Something that can compete against NEX and m4/3 which are now much better bets for enthusiasts.

If they have changed tack they'll either follow Canon, and provide a mirrorless APS-C body with an F-mount, or produce a fixed-lens G1-X competitor. I think thats unlikely though.

Lenses mean lock-in for customers (look at these boards where people go crazy trying to convince others that the system they've invested in is the best because they can't afford to leave it). In the digital age, where bodies only last a few years, it's more important that Nikon knows old customers will think Nikon first because that's what they've got lenses for. Many of us buy whatever compact looks best because there's no downside to flipping brands as soon as a better body appears.

Nikon are very conservative when it comes to estimating sales and when I was working with them would produce cameras to a plan worked out over a year in advance. The plan was always to sell everything and make a few more each year.

If they made a mistake with the V1 - which they likely did given its price and the competition in that space from Sony in particular - they will have a lot of unsold stock. To stay on their plan they'll need to blow it out. If they don't their retail partners won't take the new cameras and, if they do, will fear they'll be stuck with them unable to sell them in a years time.

The vicious drop suggests to me that a V2 (maybe a V3 given the V2-missile connection) is going to be announced before the end of the year.

Dennis Forum Pro • Posts: 16,445
Re: I saw that but...

wlad wrote:

happypoppeye wrote:

I'm in the market for a new, small cmaera for an upcoming trip in November ...saw the link for $399 ...holy cr*d thats cheap ...but still, I can't pull the trigger ...I would almost pay a hundred more, and may, for the new P7700

paying $100 more for a P7700 P&S is the single most ridiculous buying decision a man can make.

Oh, hardly.

The N1 isn't small by any means. (P7700 isn't tiny, but a bit more portable). P7700 offers the articulating LCD and a faster lens that makes up for the sensor size, at least in terms of DOF and low light (maybe not in terms of absolute image quality). And it has better external controls.

The V1 offers tremendous value right now. But a great value is still money wasted if it's something you don't really want.

  • Dennis

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myzel Senior Member • Posts: 2,075
Re: V1+lens 399 new. The free fall of the value continues...

MrSkelter wrote:

If they have changed tack they'll either follow Canon, and provide a mirrorless APS-C body with an F-mount, or produce a fixed-lens G1-X competitor. I think thats unlikely though.

I think a DX and FX mirror-less system will be part of Nikons strategy in the not so distant future, but I think it won't replace the Nikon 1 system. Such a system will replace the Nikon dSLRs and this is why it won't happen over night or within the next few months. I don't think that it will have an F-mount (but it surely will have a F-mount adapter).

The vicious drop suggests to me that a V2 (maybe a V3 given the V2-missile connection) is going to be announced before the end of the year.

http://en.wikipedia.org/wiki/V-1_flying_bomb
I think the next EVF Nikon 1 camera will be called V2.

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Adamant Contributing Member • Posts: 601
Re: I saw that but...

The N1 isn't small by any means. (P7700 isn't tiny, but a bit more portable). P7700 offers the articulating LCD and a faster lens that makes up for the sensor size, at least in terms of DOF and low light (maybe not in terms of absolute image quality). And it has better external controls.

The V1 offers tremendous value right now. But a great value is still money wasted if it's something you don't really want.

All fair points, but the P7700 is weirdly large -- much larger than the comparable Canon G15. It does have a nice zoom range, though.

Size comparison: http://j.mp/SZGgWp

SunnyFlorida Contributing Member • Posts: 831
Functional Obsolescence is never a good deal

The Nikon 1 system at any price is not a "good deal" if it will be discontinued. I've seen Oly m4/3 systems selling roughly for $450 and the Oly will definetely be around for years to come, with 3rd party manufacturers like Sigma creating new lenses for the m4/3 system. Not a single 3rd party manufactirer has announced a Nikon 1 lens. Paying $400 for a system that will be discontinued menas the system will be worth $100 in 6 months, IMHO not a smart way to acquire gear.

wlad Senior Member • Posts: 1,486
Re: Functional Obsolescence is never a good deal

please tell me, why would Nikon kill a product line, which contains one of the best selling CSC cameras ?

DaiG Senior Member • Posts: 1,077
Re: Functional Obsolescence is never a good deal

I have yet to purchase a camera that hasn't been superceded long before I upgrade / replace it so I don't go into a purchase of a new camera lightly. I have an excellent quality 27-300mm system with the ability to go to an 1100mm lens with my existing lens range. I'm happy with my purchase. Could the V1 be better? Yes. Would I replace it with a V2? No . . perhaps with a V10 though in 7-10 years time . . . .

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quezra Senior Member • Posts: 3,915
Re: Functional Obsolescence is never a good deal

wlad wrote:

please tell me, why would Nikon kill a product line, which contains one of the best selling CSC cameras ?

If something truly sells well, there is no earthly reason to go 50% below msrp on it. Look at the OMD and Nex 7 - that's what flagships are for, to fly your corporate flag. When you dump your flagship in the bargain bin before announcing a replacement, something must be up. I wouldn't buy a N1 for anything over a cheap P&S until the dust settles and there's some indication what the future of the system is.

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