- Thread starter
- #21
Daniel Soderberg
Well-known member
Exactly... Eventually I plan on selling my Epic to put the money towards the next generation Red... EVERY SINGLE TIME anyone buys a camera, they have to have that in mind...
I would guess that millions of people do. Many people plan purchases on major release dates and then sell that equipment before the next major release. Lots of Apple users do it for example. If I didn't resell my equipment keeping resale value in mind... I would have never been able to afford a RED camera and many other things.
In 2003 I bought a Canon XL1-S
In 2005 I sold it towards purchasing a Sony FX1
In 2007 I sold the FX1 towards purchasing a HVX200
In 2008 I sold both of my HVX200's and all of my Zacuto/REDrock Micro gear towards purchasing a RED One.
In 2011 I sold a RED One MX towards purchasing my EPICs.
Without this form of leap frogging, I wouldn't have accrued the finances to be where I'm at now. I work and manage the equipment that I own... towards the goal of progressing my life. Making careful informed purchasing decisions along the way. These tools are my working investments. I don't make so much money from these tools that I can let them depreciate down to nothing and have money in my bank account to buy the next latest and greatest. I thought RED was mindful of that concept.
You guys must be rich to not think about resale value. I guess I should be "talented" and still be out there shooting on Canon XL-1. RED broke that cycle by announcing a 45% price reduction without the next latest and greatest... Woohah!!! I never saw that one coming. Talk about Crazy!!!! Is there a fire sale going on?