Ava'sPapa Loc: Cheshire, Ct.

I offered these lenses for sale earlier in the week. I've had two esteemed UHH members ask me why so expensive? As I stated in the ad these are all like new. The Canon RF 70-200 f/2.8 L IS USM, for example cost me $2976, new from B&H. In "like new" (as is mine) condition, from MPB, this lens is selling for $2399. MPB offered me $1700. So, I figured a fair price would be $1950... and that's still $700 cheaper than MPB for the same lens and condition. And I'm paying for the postage and insurance. How low should I go?
If you're interested check these prices against MPB. You can find all of these cheaper on ebay, but are they all this nice? Do they have the original packaging? Clean glass? Lens covers? No scratches or marks of any kind?

Longshadow Loc: Audubon, PA, United States

People love to get something for <next to> nothing.....

Toby

It's like a garage sale. You put a $1 on something worth $10 and someone will offer you $.50. They like the hassle. Whenever I participate in a garage sale, which is seldom, I try to price things sensibly I and I am firm on the price. If they don't want to buy it, I take it to Goodwill and use the tax deduction.

Longshadow Loc: Audubon, PA, United States

bioteacher Loc: Brooklyn, NY

MPB gives a 6 month warranty. are you?

Ava'sPapa Loc: Cheshire, Ct.

True.

Ava'sPapa Loc: Cheshire, Ct.

I know the types.

Ava'sPapa Loc: Cheshire, Ct.

Of course not. Does any private party?

Longshadow Loc: Audubon, PA, United States

rcarol

MPB does offer a 6 month warranty. I'm not sure if that makes up for the $700 difference you quoted.

Rick from NY Loc: Sarasota FL

You are arguing with a bedrock tenet of economics. An item is worth only what a buyer is willing to pay for it. Your original purchase price, emotions, your evaluation of how “like new” your copy of item for sale, etc have little to do with the current value of an item. If you’ve listed your lens at $1,950 and it has not sold in a reasonable time, I’m sorry to tell you that the laws of Econ 101 says the lens is not worth $1,950. This is a fact, the same as the sun is going to rise in the East tomorrow. No amount of arguing, explaining, logic or complaining on your part will change that.

Those who are serious about selling used camera gear (or anything, really) have learned to place an initial selling price you think is appropriate on the item, post the item in the appropriate venue (like UHH for example) and wait for a period of time to gauge reaction. If after waiting and there are no takers, they lower the price until a buyer is willing to spend on the item. I learned early on that waiting and waiting, hoping that someone will give me my price generally meant that I ended up selling the item for far less than I could have gotten as the real “value” of the item kept going down as the market became flooded with the same item. Easy example would be my trying to sell one of my D850’s when it was clear that the Z8 was the latest greatest. I got a good price for it since I was an early convert. 6 months later, put my other D850 up for sale asking the same price. No takers, but I ignored Econ 101 and held fast. 3 months later when I woke up to reality, I sold the 2nd body for less money than I could have originally gotten at first since so many people were unloading 850’s.

Sorry to burst your bubble. Most of us have been in your shoes. Everything sells, if the price is right.

Ava'sPapa Loc: Cheshire, Ct.

It never has to me.

Saycheeze Loc: Ct

On another web site it looks like that lens is selling for $19XX.00 in recent sales. I think your price is fair. Is the lens still under warranty? If you have the receipt put that fact into your ad it may help.
Curious…are you switching brands or just selling excess?

DaveyDitzer Loc: Western PA

Sorry to burst your bubble. Most of us have been in your shoes. Everything sells, if the price is right.[/quote]

been there, done that.
I recommend that you keep documents of your original cost in case you sell to EBay or other site who may report sales. This happened to me when I helped out a friend's estate. Ebay sent me notice of sales receipts as income, but I tallied all that with the costs of sales and original price and ended up with a business loss for the tax return.

BurghByrd Loc: Pittsburgh

You might consider giving it a try on e-Bay; it's a larger market than here.