refurbished Canon 5d mk iii

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Dylan777 said:
Would you buy a used-salvaged-car? Some people will have no problem buying it. And there are people(like me), would never buy a used-salvaged-item

For resale value, I doubt you will get same value as normal camera.

A refurb is not equal to a salvaged vehicle though. It's a certified used car, and in those terms than you wouldn't have any problem selling it, and it would be better in the long run cause you lose less difference from New to Used vs Used to Used...
 
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shtarker said:
Stephen Melvin said:
You bought a $3,500 camera for $2,200 and you're worried about the effect your $1,300 savings will have on the camera's resale value? Is that what you're saying?

Nope, I'm wondering if I will be able to sell it and how much I actually could get for it when I do.

On the price side, the camera is occasionally on sale for less than $3500 and you can get it bundled with printers and lenses that you could sell and bring the cost way down (but that is a hassle). So, I see the price of new as more like $2900. The refurb is a good deal, but if it has no resale value or resale market does it matter?


No it doesn't matter. Not trying to be rude, but you saved a lot. It works and you will be able to do great things with it. To answer your question, yes there is a market for it. I would buy a used camera that was reburished. The difference from selling it would be less than buying a New and selling it. So you have a good deal, don't stres out too much, actually don't stress out at all.
 
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I've been led to believe that refurbished is better than new. Because each item has been individually inspected by Canon to be within specified tolerances. As versus, to brand new where only a small percentage of products are examined for quality control.

Please correct me if I'm wrong.

The only downside with refurbished is it may come with a shorter warranty period, which I personally find very odd.
 
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I would think the impact on resale value will be slight over time. A year from now the market value of a used refurbished MK III will probably be very close to that of a used MK III, provided the number of actuations and condition are equal. However, the market for used, refurbished MK III’s may be thinner, i.e., some folks won’t be willing to buy a refurb. It sounds like you have a good deal in your hands, so congratulations. That said, I would use the one-week return period to verify that everything works as it should on the camera- things like light metering, focus-point sharpness, HDR, and whatever other features you plan to use.
 
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Mt Spokane Photography said:
I've sold a refurb 7D and a refurb 5D MK II. The sales price was about the same. The number of actuations and the condition of the camera are a buyers first concern. A refurb camera is not salvage. Most of them were demos or new returns, and have very low actuations. Check the actuations on your camera, its likely under 1K.
Salvage cars are ones that have been totalled, from a accident or even a flood, and have a high likelyhood of having serious problems as opposed to a ordinary used car.

Don't mean to hijack the thread, but I think I can use some advise from you based on your experience and your 2 previous posts-
I plan to sell my 7D, which was bought new but I don't have the box (I relocated over 2500 miles from Oregon to Texas and boxes weren't a priority) or the receipt (threw it away after the 1 year of Canon warranty was over). The body was bought in October 2011. Can't exactly remember the price but was in the $1400's. I did add a Mack Gold warranty though and I have it up to October 2014.
Now, how do I furnish the proof of actuations? I know it's less than 3000 because of the span in the file name between the first shots and the last ones, but that doesn't mean diddly squat to a prospective buyer.
Secondly, how do I prove it's a non-refurb, US copy? I don't have a lack of pinhole or anything to show, nor do I have the box or receipt (on second thoughts should have bought this online :( ). I do have it registered with Canon but I don't know if it means anything.
Finally, how much do you think I can ask for an unblemished 7D in this condition? I don't want to ask something unreasonable but then I don't want to undersell since I am not particularly desperate.
Any advise from the forum members will be greatly appreciated.
 
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sagittariansrock said:
Mt Spokane Photography said:
I've sold a refurb 7D and a refurb 5D MK II. The sales price was about the same. The number of actuations and the condition of the camera are a buyers first concern. A refurb camera is not salvage. Most of them were demos or new returns, and have very low actuations. Check the actuations on your camera, its likely under 1K.
Salvage cars are ones that have been totalled, from a accident or even a flood, and have a high likelyhood of having serious problems as opposed to a ordinary used car.

Don't mean to hijack the thread, but I think I can use some advise from you based on your experience and your 2 previous posts-
I plan to sell my 7D, which was bought new but I don't have the box (I relocated over 2500 miles from Oregon to Texas and boxes weren't a priority) or the receipt (threw it away after the 1 year of Canon warranty was over). The body was bought in October 2011. Can't exactly remember the price but was in the $1400's. I did add a Mack Gold warranty though and I have it up to October 2014.
Now, how do I furnish the proof of actuations? I know it's less than 3000 because of the span in the file name between the first shots and the last ones, but that doesn't mean diddly squat to a prospective buyer.
Secondly, how do I prove it's a non-refurb, US copy? I don't have a lack of pinhole or anything to show, nor do I have the box or receipt (on second thoughts should have bought this online :( ). I do have it registered with Canon but I don't know if it means anything.
Finally, how much do you think I can ask for an unblemished 7D in this condition? I don't want to ask something unreasonable but then I don't want to undersell since I am not particularly desperate.
Any advise from the forum members will be greatly appreciated.

I recently sold a 50D on ebay. What seemed to help was a screen capture of eoscount, and a lot of up close pictures of the camera and extras. I didn't have the original sales receipt, but I did have the box and all items originally included in the box.

I did not set an initial price ($0) and that seemed to attract a lot of attention. It ended up selling for more than the buy it now price, which I was very happy about.
 
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Look at it this way - you now have a camera that has been through Canon's QC twice! Forget those last minute second thoughts; keep, use and enjoy your camera. I for one have no reservations buying refurb, it fits my wallet quite nicely. Adorama stands behind refurb quality as evidenced by the warranty period. I'm a moderately-heeled hobbyist, but much of my astronomy and photo equipment is used or refurb, I've had some of it for decades. Over the years most of what I no longer have has been donated to my local rescue mission second hand store, my astronomy club for everyone to use and to people I know who can still find use for it even if I can't (not talking 600/4 lens type stuff here, of course). The only time I think "What will this be worth in the future" is when making investments.
 
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shtarker said:
MacroBug said:
I purchased a used 5DII in the past year. My considerations were (1) is it at or below below market price (2) excellent condition (3) low actuations (4) 100% positive feedback on Ebay. Nice to haves were original packaging and receipt. I would not have had an issue purchasing a refurb body if the considerations were met. I have purchase refub lenses and P&S and have had no issues at all.

Did the 5Dii have a pin hole in the serial number plate on the bottom of the camera? Just curious, it sounds like this is something new by Canon and if so, wondering why they decided to do it?


Thanks for the tip!!
Canon started marking the serial number of refurbs about 1-1/2 year ago, but not all the refurb stuff I've bought has a defaced serial number. I suspect that they are more diligent about marking new products like the 5D MK III which only came out last spring, and would still be covered by warranty at least until may or so for those with no bill of sale.
 
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Mt Spokane Photography said:
Canon started marking the serial number of refurbs about 1-1/2 year ago, but not all the refurb stuff I've bought has a defaced serial number.

Just for the record, the pinhole we're talking about is really tiny. This is not like someone took a hole-puncher to the bottom of the camera. I'm not sure a pin needle would fit in it...hardly noticeable unless you know what to look for.
 
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Dylan777 said:
Would you buy a used-salvaged-car? Some people will have no problem buying it. And there are people(like me), would never buy a used-salvaged-item

Depends on who salvaged the vehicle. If it was the original vehicle manufacturer, who salvaged it with authentic OEM parts at the factory and ran it through the same tests as a new vehicle would before hitting the dealer lots then yes, I would buy that car. And I'd be willing to pay pretty much the same price as I would for that car as an actual brand new one, because unlike a brand new one, I know that a problem has been corrected with the refurbished vehicle and no longer needs worrying about whereas the new one may have some yet-to-be-discovered defect.

I sold my refurbished 5D2 for $1600 last month, only ~$65 less than what I paid for it from the Canon Loyalty Program earlier last year.
 
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