ragatazz wrote:
My dealing with Adorama was that they sent me in writing that they would give me "X" of dollars for my camera, be it in mint condition. After arriving in New York I took it to Adorama, and just for grins walked in as if I didnt have an email from therm. They quoted me like $400 less, ( they did say it was in mint condition) when I showed them the email, they said that the guy would had sent that to me had been fired and the price no longer valid.
I'm sorry to see this; I know that there is frequently confusion when the used department gives an expected re-sale value. It might help if I explain a bit about how the process of buying and selling works on a day-to-day-basis.
The used department get upwards of 1,800 pieces sent in for evaluation every week........that's a LOT of used gear (there are around 26-27,000 used pieces in our warehouse right now!) The way the value is established is by using a calculation which takes into account the number of exact same units (of the same grade) in the warehouse at the time of your trade; the average number of that exact same unit in stock over the past 6 months; the average selling price of the unit over the past 6 months and projected decreases in the pre-owned market in the coming months due to new models becoming available. That gives them the value.
Then they offer up to 70% of that figure, (to cover shipping, insurance, staffing, advertising, the warranty, warehousing costs AND the boss expects them to turn a profit), but of course, a final figure can only be given once they have had the opportunity to physically appraise gear. They send out a pre-paid shipping label so units can be sent in for a thorough evaluation fully insured at no cost to the seller! And as you know, if no price can be agreed, there is the cost of returning the gear to the seller.
Because of the sheer weight of gear arriving and shipping out every day, they generally need to allow up to 8 days to look over items especially as at least 2 (and sometimes 3) highly-skilled technicians will need to examine and test pieces, and maybe carry out basic servicing to see if minor issues can be fixed fairly easily.
Finally and this is important the selling prices on the website can only be a ROUGH guide if you are trying to figure out how much the used department might be able to pay you for your gear.
When new models are released, the overall market tends to soften. Pre-owned units will usually drop in value, but Used will still be looking to sell existing pre-owned stock (which may have been warehoused and therefore costing revenue for days, weeks or months) without making too great a loss on the price originally paid out.
In my personal experience, (and this isnt an official statement from Used!) while you will be offered 70% of the current expected selling price unless you are selling a genuine collectors' piece you possibly shouldn't expect to receive more than 55-65% of the price you see on the website.
BTW negotiation can be a factor if you are trading up, or if you are confident enough to insist that your gear is returned if the offer isnt raised by an amount you feel is reasonable. But this may not be a route for the faint-hearted! At the end of the day, if there are 40 almost identical units in the warehouse and demand has fallen in relation to supply, they will take you at your word and ship it straight back