CanineCandidsByL said:RunAndGun said:It kind of cracks me up when people talk about/are worried about the resale value of a camera they just bought 37 seconds ago. I have NEVER based any purchase decision on the future resale value it may have, whether it be a vehicle, a piece of gear or an iPod. If you want one, buy it. Use it, ENJOY it.
As I'm one of the ones who mentioned I'm concerned/annoyed with it, I'll respond....Loss of value means reduced profits as that money has to come from somewhere. Even for hobbiest, it may make the difference on when/if they upgrade and what else they purchase. If I knew that after a 3 years, a 1dx and a 5d3 would both depreciate only $1000, I'd get the 1dx and everything beyond the $1000 would just be a deposit that I get back. On capital equipment, resale value is important. You wouldn't buy a $300,000 home believing it would only be worth have that in a year, would you?
As a professional, I can tell you I do not buy my equipment with re-sale value in mind. It does not matter. Is it nice to be able to sell a piece of gear after you no longer need it and get a nice little payday, yes, but the re-sale value of the equipment has nothing to do with my profits. Using it helps me make profits. If you don't like the value on a $3500 still camera dropping, then don't ever get into TV. One of my HD cameras can be found used anywhere from $10K to $20K, now. I purchased it just over five years ago new for $45K(body only). Do you think I care? Nope. Do you think any of my other friends that do the same thing do, either? Nope. It's part of the game. Re-sale value means nothing. You use the equipment to make money, AND you get to depreciate it(or just take it as a lump some, depending). If you sell it for any significant amount of money down the road, it's just "found money".
Upvote
0