This is a follow-up to a recent posting inquiring about "mpb.com". I traded in a 4 year old Sony NEX-7, a Sony 35mm lens and a 18-105mm lens (both APS-C) for a full frame Sony 16-35mm f/4 lens. mpb.com was very easy to work with. They provided a "fair market value" quote and emailed a pre-paid fedex shipping label. They received and evaluated my gear and offered a trade in of about 25% of the fair market value. The next day, my new lens arrived. They are easy to work with, and I believe fair. I paid a little extra for next day delivery, but they offer free non-rush delivery. Below is the first picture taken with my new lens...jpeg right out of the camera without any post process whatever.
They gave you 25% of fair market value? And you think that's a good deal?
Fair market value is that price which the vendor is reasonably able to see the product for. Used camera gear usually results in a 25% gross profit for the seller. Of course the seller assumes all risks, repairs and warranties. So yes, 25% is very fair. In reading previous postings, most offer fair market value less 30 - 35%.
You said, "25% of the fair market value." Did you mean to say, "25% off the fair market value?"
OOPS, I stand corrected. I received fair-market value LESS 25%. I apologize for any confusion. Thank you.
How does this compare to Adorama, B&H, or KEH? Do they also pay FMV less 25%, or do they pay FMV less 35-50%?
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