Thursday, August 22, 2013

Nikon equipment appraisal, cash value from B&H Photo

Using B&H's online quote service for selling used gear, here are the cash values for various equipment, (as of 8/22/13) assuming a 4/5 condition (signs of use, but very clean) and including all accessories originally packaged with the items.

Nikon 80-200mm f/2.8 lens
$475
$495 like new

Nikon D300
$245
$270 like new

Nikon SB-800 flash
$105
$115 like new

Nikon 18-200mm lens VR
$195
$210 like new

Nikon 50mm f/1.4
$100
$115 like new

Nikon D80
$5 with all accessories  What kind of a joke is this? 

Total of all items (not the D80) at 4/5 condition:
$1,120

Total of all items (not the D80) at 5/5 condition:
$1,205


I was very surprised that the 18-200mm lens was worth almost double the cash value of the SB-800 flash.

B&H haggles you pretty well for the cash.  At these prices, they are almost operating like a pawn shop.  Sadly, they don't increase the value much if the item is "like new".  On average, they only increase the quote by $15 for jumping from a 4/5 to 5/5 condition rating.

There is still some demand for the Nikon SB-800 flash.  If you want to sell it used, I highly recommend selling it on Amazon.com's used marketplace first.  Most items I've listed there with a competetive price sell in 1-4 days.

Right now the SB-800 starts at $245 in good condition on Amazon.  One listing is $220, but it appears to include no accessories.  If your flash is in very good condition with accessories, you should be able to list it at $250-285 and sell it without a problem.

Listed at $250 on Amazon, Amazon gives you a total of $226 if sold.  Subtract $10 to ship the flash with insurance and you get $215 for the flash.  This is a solid $100 more than what B&H would give you, and you'll get the money faster, because you have to wait for the item to reach B&H's location in New York City before you get paid.  Listed at $280, you would net about $245 after shipping costs.

If your budget is tight for new equipment, or you want to invest in accessories for your video DSLR work, it's sometimes smarter to sell on Amazon, or places besides B&H that will give you very little money, depending on the exact item.

Bozeman Camera had these used items on their shelves:

Nikon 80-200mm f/2.8
$695-795

Nikon D300
$559-629

Nikon 18-200mm original VR
$319

Nikon 50mm f/1.4
$265

SB-600
$200

50% of all the above items: $1,019
60% of all the above items: $1,222
70% of all the above items: $1,426
80% of all the above items: $1,630

They estimated that a Nikon D80 would sell for $100 or less.  That's a good estimate, because the lowest used price on Amazon for the camera body is $150 today.  But it's $180 for a working camera.


1 comment:

  1. Still quite expensive. I'd rather save up a little and buy the brand new ones instead. That way, I won't be having problems with the product plus there is a warranty.
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