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Bought a S/H Canon 1DX last year during 2nd lockdown £795 Mint condition, high shutter count (average price for these cams)

Now Current price £1,019 for 'Well Used' with high shutter count.

If you're into the second hand market like I am, prices have shot up significantly over the last few months.

Who to blame???

 

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I think a lot of people have got into various hobbies like jigsaws, cooking, painting and photography etc. during lockdown. And increased demand drives up prices. I've been trying to get hold of some shades of acrylic artists paint that have been out of stock for over 2 months now, and the availability date keeps being pushing back with multiple suppliers....

Edited by Steve F
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Rest assured, law of the law and demand, with the pandemic the purchasing power fell, few new cameras are sold which makes the used car market increase.
But you are in paradise. In Brazil a Canon with 50 thousand clicks you buy for 500 dollars ...
Nikon and Sony have already left Brazil!

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1 hour ago, PAL Media said:

Bought a S/H Canon 1DX last year during 2nd lockdown £795 Mint condition, high shutter count (average price for these cams)

Now Current price £1,019 for 'Well Used' with high shutter count.

If you're into the second hand market like I am, prices have shot up significantly over the last few months.

Who to blame???

 

Sony a1 Mirrorless 50.1Mpixels camera (body only)
suggested price of US $ 6,500, which gives more or less R $ 34,800 at the current price.

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On 26/02/2021 at 07:08, Steve F said:

I think a lot of people have got into various hobbies like jigsaws, cooking, painting and photography etc. during lockdown. And increased demand drives up prices.

I put two road bikes, a kid's bike and 2 BMX bikes up for sale last year and every one was snapped up within a week at a price not far from the original purchase price. One guy made a 5 hour round trip to pick up one of the BMX. I know the owner of a bike shop here and he had no stock left from mid-June until the manufacturers could catch up in the autumn. The Covid effect, so I am not surprised that used cameras are rocketing in price.

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1 hour ago, Colin Woods said:

I put two road bikes, a kid's bike and 2 BMX bikes up for sale last year and every one was snapped up within a week at a price not far from the original purchase price. One guy made a 5 hour round trip to pick up one of the BMX. I know the owner of a bike shop here and he had no stock left from mid-June until the manufacturers could catch up in the autumn. The Covid effect, so I am not surprised that used cameras are rocketing in price.

 

Its a crazy period for used and new bikes. I have never seen Decathlon/Halfords cycle racks so empty. Many picked up cycling as new activity routine.

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Someone here recently recommended a used camera dealer (Ffordes.com). Pleasantly surprised at the prices they are going to sell my kit for.

A film Leica (body only) is going for more than what I paid for it, when I bought it 21 years ago with a super F2 Leitz lens (which I'm keeping).

 

I was trucking this week, and on the low loader I had to load up two old dilapidated Massey Fergusson tractors.

The guy who bought them (for export to Africa) said that prices for old machinery is shooting up sharply too !

 

 

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On 26/02/2021 at 11:34, PAL Media said:

Bought a S/H Canon 1DX last year during 2nd lockdown £795 Mint condition, high shutter count (average price for these cams)

Now Current price £1,019 for 'Well Used' with high shutter count.

If you're into the second hand market like I am, prices have shot up significantly over the last few months.

Who to blame???

 

 

There's a shortage of stock (mainly older classic stuff) in the trade. A lot of this stuff comes from specialist auctions which have been much fewer in number this past year - the big online ones have reappeared but it's the local special auctions which have been hit badly. These were ones where large amounts of stock went back in to the trade from localish house clearance etc. Also the small camera dealers have been closed for much of the time so people have been unable to bring in collections etc.

 

Also certain cameras have shot up in price from collectors who are seeing significant rises in the market - Leica M series.  Some cameras are also on the hipster radar and have shot up - Olympus Trip 35 have gone crazy - I normally bought them for £25-30 in the trade to service/refurb - I now have to pay £50-60 for one that needs work. Olympus mju II - used to get around £100 for one - selling locally before lockdown for up to £200.

 

A lot of photography items are selling at near retail prices on the biggest auction portal - I'm surprised that I am still able to pick up odd lots at 'reasonable' prices at the moment. 

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I think you're looking here, at least that's where I always go. £1319 for a 'good' 1DX and a shutter count of 128,262. Hmm, pricey. They seem to have quite a lot of them as well.

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1 hour ago, PAL Media said:

But who has the money to pay for these items, I certainly can't afford them right now!

 

The people investing in the high-end stuff (leicas etc) tend to have serious money that is fairly immune to the economic situation. Don't forget this is a global market - for example I sell a lot of classic British lenses to the Far East and they are always interested in more.  As for the hipster end (Trip 35 etc)....well it's so often students (I know because they end up being sent to the halls of residence!!).

 

 

 

 

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