UK Crazy Oly used prices at Dealers

[Adam-T]

So here's an idea - if everyone spends all their available money buying OMDS cameras, then they will be protected agains this world changing event and probably even become rich by having these valuable cameras. In the meantime, while the money is still worth something, OMDS can use it to develop new cameras, even Pen-F II if a lot of people do it. Win-win for everybody, right?

No thanks - I`ll have a G9 Mk2 with the new PDAF system though lets face it, if Pan can get CDAF to work way beyond anyone expected , they ought to have a breeze with a fast M43 sensor adding PDAF to that

--
** Please ignore the Typos, I'm the world's worst Typist **

 

[Wu Jiaqiu]

The second hand camera and lens market decides brutally how much a camera is really worth based on the demand for that product. Looks like the OM1 killed any interest in the EM1x and some other older models.

The savvy photographer can pick up some good stuff for little outlay.

still looking for a decent Nikon V2, like Unicorns teeth they are that rare in these parts

The J5 is the one which interested me in the past , it`s basically a Sony RX100 with a lens mount complete with that superb 20Mp sensor, it was the reliability of the mechanics of the lenses is what put me off especially as they can`t be repaired now

M43 is smaller in GM series form (and the GX9 isn't that big) and the sensor is a lot better even than the RX powered J5 . M43 lenses are of course incomparably better in both range and quality too so I didn`t bother . I tried a V1 early on and found the kit lens to be dreadful and the sensor very fast but had a high noise floor (base ISO noise ) so when the new kit lens came out and the J5 gave access to the 20Mp Sony sensor things got interesting ..

J5 is great, must admit so far no lens failures but i usually stick my 300mm/4 on it with the adaptor, thankfully modern AI noise reduction gives them a real boost

 

[gaul]

.... They don't have access to the EU market so nobody's buying items from the UK unless they are heavily discounted, this way the customers can afford to pay VAT and import fees.

It's really disappointing because i used to order stuff from the UK, now i can't.

The only way this makes sense is if you can't find this particular item anywhere else, which for cameras is never true since they're all imports anyway.

It's also because the UK and the Brits do understand how a used market works...

i.e. that a USED / 2ND HAND good should be CHEAPER.... NOT MORE EXPENSIVE than buying BRAND NEW...

"Good old socialist Europe / EUSSR" often does not quite grasp this fact of life

Oh and before you complain, I am French myself so shut up Frogs and Krauts, will hiya?!?

Hope this helps, maybe it wakes up some Europeans...

Yes, in France and Germany, you can find USED gear actually MORE EXPENSIVE than NEW gear.. Not in the UK

And yes, I know France, the UK and Germany..

Gaul

Also, outside UK, in some EU countries, people get stubbornly fixated on "official used camera prices"

I find many occurrences of hilarious ads here in France where people explain me:

- My camera was in a good home and was well looked after

- My camera was fixed by the "OFFICIAL CANON" repair centre in the country (as if it was a BADGE OF HONOR.. lol)

- My camera is at a good price if you look at the "official used camera prices"

- Bla bla bla

Well, news flash, if your camera is from a dying species as my old Canon 6D (Reflex) with the def-facto obsolete mount, whichever this artificial "official quote", well, nobody is going to pay a good price for it..

Again, IMHO, the UK customers and sellers are more agile in this area, a bit like in the US..

The UK will constantly realign itself to what the markets want and expect, not what "ze offizial used prices" claim ...

Again, am French myself so no need to complain

Gaul

 

[gaul]

.... They don't have access to the EU market so nobody's buying items from the UK unless they are heavily discounted, this way the customers can afford to pay VAT and import fees.

It's really disappointing because i used to order stuff from the UK, now i can't.

The only way this makes sense is if you can't find this particular item anywhere else, which for cameras is never true since they're all imports anyway.

It's also because the UK and the Brits do understand how a used market works...

i.e. that a USED / 2ND HAND good should be CHEAPER.... NOT MORE EXPENSIVE than buying BRAND NEW...

"Good old socialist Europe / EUSSR" often does not quite grasp this fact of life

Oh and before you complain, I am French myself so shut up Frogs and Krauts, will hiya?!?

Hope this helps, maybe it wakes up some Europeans...

Yes, in France and Germany, you can find USED gear actually MORE EXPENSIVE than NEW gear.. Not in the UK

And yes, I know France, the UK and Germany..

Gaul

Also, outside UK, in some EU countries, people get stubbornly fixated on "official used camera prices"

I find many occurrences of hilarious ads here in France where people explain me:

- My camera was in a good home and was well looked after

- My camera was fixed by the "OFFICIAL CANON" repair centre in the country (as if it was a BADGE OF HONOR.. lol)

- My camera is at a good price if you look at the "official used camera prices"

- Bla bla bla

Well, news flash, if your camera is from a dying species as my old Canon 6D (Reflex) with the def-facto obsolete mount, whichever this artificial "official quote", well, nobody is going to pay a good price for it..

Again, IMHO, the UK customers and sellers are more agile in this area, a bit like in the US..

The UK will constantly realign itself to what the markets want and expect, not what "ze offizial used prices" claim ...

Again, am French myself so no need to complain

Gaul

Another news flash, what the average consumer wants is a Sony Mirrorless Full-Frame

Again, nobody is willing to pay a lot for what is seen by the "average consumer" as a failed system .. be it M4/3 or even my old non-mirrorless Canon Full-Frame

Again, am a 100% Canon shooter, still with an old Reflex body and I am French... so .. no need to cry ..

Thx, Gaul

 

[unhappymeal]

.... They don't have access to the EU market so nobody's buying items from the UK unless they are heavily discounted, this way the customers can afford to pay VAT and import fees.

It's really disappointing because i used to order stuff from the UK, now i can't.

The only way this makes sense is if you can't find this particular item anywhere else, which for cameras is never true since they're all imports anyway.

It's also because the UK and the Brits do understand how a used market works...

i.e. that a USED / 2ND HAND good should be CHEAPER.... NOT MORE EXPENSIVE than buying BRAND NEW...

"Good old socialist Europe / EUSSR" often does not quite grasp this fact of life

Oh and before you complain, I am French myself so shut up Frogs and Krauts, will hiya?!?

Hope this helps, maybe it wakes up some Europeans...

Yes, in France and Germany, you can find USED gear actually MORE EXPENSIVE than NEW gear.. Not in the UK

And yes, I know France, the UK and Germany..

Gaul

Yeah, I've noticed this since moving to Germany from Canada. Germans will use something for a decade and expect 80% of the value back because 'they kept in in good condition and have the box'. The used market here is bonkers.

 

[Wu Jiaqiu]

.... They don't have access to the EU market so nobody's buying items from the UK unless they are heavily discounted, this way the customers can afford to pay VAT and import fees.

It's really disappointing because i used to order stuff from the UK, now i can't.

The only way this makes sense is if you can't find this particular item anywhere else, which for cameras is never true since they're all imports anyway.

It's also because the UK and the Brits do understand how a used market works...

i.e. that a USED / 2ND HAND good should be CHEAPER.... NOT MORE EXPENSIVE than buying BRAND NEW...

"Good old socialist Europe / EUSSR" often does not quite grasp this fact of life

Oh and before you complain, I am French myself so shut up Frogs and Krauts, will hiya?!?

Hope this helps, maybe it wakes up some Europeans...

Yes, in France and Germany, you can find USED gear actually MORE EXPENSIVE than NEW gear.. Not in the UK

And yes, I know France, the UK and Germany..

Gaul

Yeah, I've noticed this since moving to Germany from Canada. Germans will use something for a decade and expect 80% of the value back because 'they kept in in good condition and have the box'. The used market here is bonkers.

it can be the same in the Netherlands, but every now and then a bargain pops up, some of the used prices i've seen on D70s are ridiculous

 

[gaul]

.... They don't have access to the EU market so nobody's buying items from the UK unless they are heavily discounted, this way the customers can afford to pay VAT and import fees.

It's really disappointing because i used to order stuff from the UK, now i can't.

The only way this makes sense is if you can't find this particular item anywhere else, which for cameras is never true since they're all imports anyway.

It's also because the UK and the Brits do understand how a used market works...

i.e. that a USED / 2ND HAND good should be CHEAPER.... NOT MORE EXPENSIVE than buying BRAND NEW...

"Good old socialist Europe / EUSSR" often does not quite grasp this fact of life

Oh and before you complain, I am French myself so shut up Frogs and Krauts, will hiya?!?

Hope this helps, maybe it wakes up some Europeans...

Yes, in France and Germany, you can find USED gear actually MORE EXPENSIVE than NEW gear.. Not in the UK

And yes, I know France, the UK and Germany..

Gaul

Yeah, I've noticed this since moving to Germany from Canada. Germans will use something for a decade and expect 80% of the value back because 'they kept in in good condition and have the box'. The used market here is bonkers.

it can be the same in the Netherlands, but every now and then a bargain pops up, some of the used prices i've seen on D70s are ridiculous

Quite right, but the Dutch are more "agile" than the French or the Germans

Actually, here this way of contemplating the price of a used gear is not only showing bad traits of the European "old" countries.. Also means these are less prone to mass consumerism than some other markets..

Still, if I have to make an opinion on the real market value of a used camera or lens, I look at the French ads, but also UK, Hong-Kong, Taiwan..

Gaul

 

[Adam-T]

J5 is great, must admit so far no lens failures but i usually stick my 300mm/4 on it with the adaptor, thankfully modern AI noise reduction gives them a real boost

Using F mount glass to get crazy focal ranges was one of the major draws for me when I was looking at the J5 - you`ll get 800mm effective with that lens on a J5 and as good as the RX10 Mk3/4 lens is (and its a total stunner) its only 600mm effective at the same aperture and not as sharp wideopen at "600" as a good tele prime . Stabilization can the one drawback depending on the lens used .

--
** Please ignore the Typos, I'm the world's worst Typist **

 

[Wu Jiaqiu]

J5 is great, must admit so far no lens failures but i usually stick my 300mm/4 on it with the adaptor, thankfully modern AI noise reduction gives them a real boost

Using F mount glass to get crazy focal ranges was one of the major draws for me when I was looking at the J5 - you`ll get 800mm effective with that lens on a J5 and as good as the RX10 Mk3/4 lens is (and its a total stunner) its only 600mm effective at the same aperture and not as sharp wideopen at "600" as a good tele prime . Stabilization can the one drawback depending on the lens used .

i've used a 500mm/4 on a V2, that was pretty funny to use, the 300mm is perfect for small birds though

 

[Cornflake7]

It's also because the UK and the Brits do understand how a used market works...

i.e. that a USED / 2ND HAND good should be CHEAPER.... NOT MORE EXPENSIVE than buying BRAND NEW...

"Good old socialist Europe / EUSSR" often does not quite grasp this fact of life

Oh and before you complain, I am French myself so shut up Frogs and Krauts, will hiya?!?

Hope this helps, maybe it wakes up some Europeans...

Yes, in France and Germany, you can find USED gear actually MORE EXPENSIVE than NEW gear.. Not in the UK

And yes, I know France, the UK and Germany..

Gaul

Yeah, I've noticed this since moving to Germany from Canada. Germans will use something for a decade and expect 80% of the value back because 'they kept in in good condition and have the box'. The used market here is bonkers.

Not just eBay (.de/.fr) and our local eBay copycat is flooded by 3rd party resellers/middlemen who make living out of used gear. The only chance is to follow old photogear 2nd hand websites.

But I noticed that used Panasonic FF stuff sells really cheap everywhere. Even their premium leica m4/3 lenses didnt/dont hold much value. €1200 F2.8 zooms can be found around €500. Which is crazy.

 

[Adam-T]

it can be the same in the Netherlands, but every now and then a bargain pops up, some of the used prices i've seen on D70s are ridiculous

they go for about £25 here , I have one (Minus charger) which someone can have for free if they want it (UK of course) !!

 

[Wu Jiaqiu]

it can be the same in the Netherlands, but every now and then a bargain pops up, some of the used prices i've seen on D70s are ridiculous

they go for about £25 here , I have one (Minus charger) which someone can have for free if they want it (UK of course) !!

just looked on marktplaats and they go from 25 to around 150 euros

 

[Rupert the bear]

there are some crazy good deals in the UK on used Olys especially from LCE who give 6m warranty too - deffo a good time to buy a used Oly over here

EM1X for £600 !!! - Insane value

https://www.lcegroup.co.uk/Used/Olympus-E-M1x-Body-27k-s/c_362518.html

EM1 MK2 for £300 !! , OK its a bit tatty but only 23K shots

https://www.lcegroup.co.uk/Used/Olympus-E-M1-mk2_349346.html

£329 for a tidier one - £400 gets you a minter

https://www.lcegroup.co.uk/Used/Olympus-OM-D-E-M1-II-Body_362013.html

Em1-IIIs from £729 near mint

https://www.lcegroup.co.uk/Used/Olympus-E-M1-MkIII_361964.html

The World is changing and western currencies will became of piece of paper than no one will want....So, Camera is worth way more than some $, £ and euros will be worth.

 

[meow]

.... They don't have access to the EU market so nobody's buying items from the UK unless they are heavily discounted, this way the customers can afford to pay VAT and import fees.

It's really disappointing because i used to order stuff from the UK, now i can't.

The only way this makes sense is if you can't find this particular item anywhere else, which for cameras is never true since they're all imports anyway.

I share your pain. I'm no EU fan, but Brexit ruined my net shopping for sure. The Brits have so many nice web shops, not only for cameras - and I understand what they write on the pages, a big advantage, that.

I don't know where you are at, but we have also got an exception from the EU rule that says that private import from outside EU below a certain value shouldn't be taxed, it's €70 or thereabout. So here we have to pay all darn fees from the first SEK. That ruined China and HK. I can pay the VAT but the post office also charge a fee for collecting that VAT. So no more handy and cheep stuff from AliExpress. If I buy something for $1 I have to pay a fee of about $7.50 to the post office - plus VAT of course. If the value is above a certain sum they charge double that.

 

[unhappymeal]

.... They don't have access to the EU market so nobody's buying items from the UK unless they are heavily discounted, this way the customers can afford to pay VAT and import fees.

It's really disappointing because i used to order stuff from the UK, now i can't.

The only way this makes sense is if you can't find this particular item anywhere else, which for cameras is never true since they're all imports anyway.

I share your pain. I'm no EU fan, but Brexit ruined my net shopping for sure. The Brits have so many nice web shops, not only for cameras - and I understand what they write on the pages, a big advantage, that.

I don't know where you are at, but we have also got an exception from the EU rule that says that private import from outside EU below a certain value shouldn't be taxed, it's €70 or thereabout. So here we have to pay all darn fees from the first SEK. That ruined China and HK. I can pay the VAT but the post office also charge a fee for collecting that VAT. So no more handy and cheep stuff from AliExpress. If I buy something for $1 I have to pay a fee of about $7.50 to the post office - plus VAT of course. If the value is above a certain sum they charge double that.

The € 70 EU exception requires work though. I didn't want to do the Zoll paperwork, so I ended up paying more in import fees for an add-on grip to the GM5 than the price of the grip itself.

 

[Happy Daze]

The World is changing and western currencies will became of piece of paper than no one will want....So, Camera is worth way more than some $, £ and euros will be worth.

Wow, that's truly inspiring. I was thinking of buying gold and keeping it under the bed. I can now see the error of my ways.

 

[stewart hull]

there are some crazy good deals in the UK on used Olys especially from LCE who give 6m warranty too - deffo a good time to buy a used Oly over here

EM1X for £600 !!! - Insane value

https://www.lcegroup.co.uk/Used/Olympus-E-M1x-Body-27k-s/c_362518.html

EM1 MK2 for £300 !! , OK its a bit tatty but only 23K shots

https://www.lcegroup.co.uk/Used/Olympus-E-M1-mk2_349346.html

£329 for a tidier one - £400 gets you a minter

https://www.lcegroup.co.uk/Used/Olympus-OM-D-E-M1-II-Body_362013.html

Em1-IIIs from £729 near mint

https://www.lcegroup.co.uk/Used/Olympus-E-M1-MkIII_361964.html

If only I didn't want to keep to such a small form factor, I'd have gone for one of those EM1 II's but they're just too big for what I need (I'm wanting something to replace my GX80 for my travels). I'm kicking myself for not buying one of the EM-5 III kits before new year with the 12-45 pro for £845 direct from Oly - I was thinking about buying it and selling the lens but by the time I made my mind up the promo was over!

What would be a decent price for a used EM-5 III body?

 

[Adam-T]

What would be a decent price for a used EM-5 III body?

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www.lcegroup.co.uk

£600 mint seems to be the going rate, prob is that another £150 will get you A far better EM1-III - the Em1-II can be had for £400 mint and is the same internals as the EM5-III in a far better body ---- so if you want the compactness of the 5/3 then you sadly have to really pay for it

 

[ahaslett]

there are some crazy good deals in the UK on used Olys especially from LCE who give 6m warranty too - deffo a good time to buy a used Oly over here

EM1X for £600 !!! - Insane value

https://www.lcegroup.co.uk/Used/Olympus-E-M1x-Body-27k-s/c_362518.html

EM1 MK2 for £300 !! , OK its a bit tatty but only 23K shots

https://www.lcegroup.co.uk/Used/Olympus-E-M1-mk2_349346.html

£329 for a tidier one - £400 gets you a minter

https://www.lcegroup.co.uk/Used/Olympus-OM-D-E-M1-II-Body_362013.html

Em1-IIIs from £729 near mint

https://www.lcegroup.co.uk/Used/Olympus-E-M1-MkIII_361964.html

If only I didn't want to keep to such a small form factor, I'd have gone for one of those EM1 II's but they're just too big for what I need (I'm wanting something to replace my GX80 for my travels). I'm kicking myself for not buying one of the EM-5 III kits before new year with the 12-45 pro for £845 direct from Oly - I was thinking about buying it and selling the lens but by the time I made my mind up the promo was over!

What would be a decent price for a used EM-5 III body?

£600-700, depending on condition, accessories and dealer. If you are happy not to have a dealer warranty, boxes, chargers etc, you can probably go below £600.

At the moment London Camera Exchange have several, and so do mpb. Ffordes and Wilkinson don't have any - always a clue on general availability. Looking at what's available, I'd pay £600, or £660 if I wanted an FL-LM3 included. Current new street price with warranty is £899, which fits the £600.

That EM5.3 plus 12-45/4 deal gave me a bad GAS attack, but I lay down until it passed.

Andrew

 

[RichardCass]

The difficulty with exports of used equipment from the UK is the VAT. It's an anomaly of cross border trade.

New equipment is exported minus UK VAT (16.66% of gross) with local VAT added upon import, or can be added at point of sale (called DDP, which saves a little in brokerage and speeds things up through customs). Some customers still find it better to order from me and pay the shipping/brokerage than if they bought locally.

For used equipment, most dealers use something called the VAT margin scheme. This means that automating UK VAT removal via a shopping cart is next to impossible because under that scheme, the buyer is not told how much VAT is included.

It could be done on a case by case basis by the dealer - but I'd question whether or not it was legal if the goods were already advertised as being sold under the scheme without recoverable VAT.