Mike Hechanova
Well-known member
Wow, Rick. Thanks a lot for that breakdown. As a Stage II reservation holder, I was wondering the difference, though my laziness got the best of me. I do hope people rate their packages accordingly. Cheers.
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If you don't mind me asking, what's the difference between getting from the USA or from RED Europe? There's normally a very scary difference between USA & UK/EUR pricing, although that tends to be the 'big boys' who turn a large % of profit from this side of the pond.
I'm UK based myself and have been contemplating options - mainly as workarounds to VAT & excessive Duty - VAT we can get back, but duty is annoying (it is a business expense, but I'd rather not loose it in the first place!).
Unlucky for me that my funds aren't available until end of Aug... but that's not far away now and I feel Epic is starting to move along nicely now (Epic-M is a pretty logical option for current non-Red users, IMO).
I wonder what will happen when all these X cameras are out there in the wild. Right now rates for an M package are around 1500-1800 per day. I imagine with all those X cameras, rental rates are going to drop quickly but then again, the cost of the X package will remain high. Stage-2 buyers are getting the best deal so we should keep that in mind when we charge our clients. The camera system is not a $20k camera.. It's a $40k+ camera and rental rates should be adjusted as such.
Just to be clear; RED Europe is a wholly owned subsidiary of RED Digital Cinema. We are not an agent, and we don't mark up prices - UK list prices are in Sterling, are based upon the US list price plus all freight, insurance and import duties to the UK. Thereafter goods are in free transit within the EU and in the unlikely event that Customs were to challenge a product for unpaid duties, the responsibility rests with RED Europe. We have experts in the US who have spent many hours ensuring that our products are correctly classified.
It should be noted that for any goods which are imported into the UK (or elsewhere in the EU) which are 'under-declared', Customs retain the right to revisit the import and charge whatever duty they feel is appropriate.
We do not publish a price list because we need to be flexible and stay in line with foreign exchange rates as closely as we are able to.
The EPIC-M package can be ordered directly from RED Europe. Current price, freight-on-board in London is £38,895.00 GBP That price is subject to VAT where necessary.
We keep a full stock of the entire range of RED products, though we suffer the same back-order issues as may occur from time to time with RED in the US.
Our web team in the US is also working on a UK web site through which you will be able to order from the UK on-line.
Hope that clears things up?
Just to be clear; RED Europe is a wholly owned subsidiary of RED Digital Cinema. We are not an agent, and we don't mark up prices - UK list prices are in Sterling, are based upon the US list price plus all freight, insurance and import duties to the UK. Thereafter goods are in free transit within the EU and in the unlikely event that Customs were to challenge a product for unpaid duties, the responsibility rests with RED Europe. We have experts in the US who have spent many hours ensuring that our products are correctly classified.
It should be noted that for any goods which are imported into the UK (or elsewhere in the EU) which are 'under-declared', Customs retain the right to revisit the import and charge whatever duty they feel is appropriate.
We do not publish a price list because we need to be flexible and stay in line with foreign exchange rates as closely as we are able to.
The EPIC-M package can be ordered directly from RED Europe. Current price, freight-on-board in London is £38,895.00 GBP That price is subject to VAT where necessary.
We keep a full stock of the entire range of RED products, though we suffer the same back-order issues as may occur from time to time with RED in the US.
Our web team in the US is also working on a UK web site through which you will be able to order from the UK on-line.
Hope that clears things up?
Tank you for this explanation! Very good to know! Fantastic to order from UK!!
Is It possible to get a stage 3 EpicX with Red Europe sending back to you the Red One?
Best regards.
Antoine
The fact that we have on-demand EPIC-Ms isn't due to demand falling off, it is due to production going up. This bodes well for EPIC-X production when all the parts and pieces start showing up.
As for the difference in production costs between the two? It seems to me that people who have no production knowledge or experience tend to make everything fit in a neat box. "So you are just paying a premium for a few electronic pieces... right?"
Truth is that you have no idea the complication of what we have done to get these -M cameras out the door... the ant-like workarounds and long hours to even get EPIC-Ms as a market option. We'll make more profit on EPIC-Xs than we could dream of on EPIC-Ms.
If you actually boil out the accessories, an EPIC-M is a few thousand more than an -X and has double the warranty. I know most have paid for their -Ms already.
Jim
I think the M's are awesome value for money! and the warranty is a bonus!
And the best thing is you get them now!
Being honest Jim, (an the troops out there may want to sucker punch me after this comment)
But if you charged a 100K for this camera, I still would have purchased it.
It out performs it's closets competitor x2... and it's half the price... Seriously dude. You have a great product. And no, none of us know how much goes into making a camera like this... or any camera for that mater. How would we.
Just to be clear; RED Europe is a wholly owned subsidiary of RED Digital Cinema. We are not an agent, and we don't mark up prices - UK list prices are in Sterling, are based upon the US list price plus all freight, insurance and import duties to the UK. Thereafter goods are in free transit within the EU and in the unlikely event that Customs were to challenge a product for unpaid duties, the responsibility rests with RED Europe. We have experts in the US who have spent many hours ensuring that our products are correctly classified.
It should be noted that for any goods which are imported into the UK (or elsewhere in the EU) which are 'under-declared', Customs retain the right to revisit the import and charge whatever duty they feel is appropriate.
We do not publish a price list because we need to be flexible and stay in line with foreign exchange rates as closely as we are able to.
The EPIC-M package can be ordered directly from RED Europe. Current price, freight-on-board in London is £38,895.00 GBP That price is subject to VAT where necessary.
We keep a full stock of the entire range of RED products, though we suffer the same back-order issues as may occur from time to time with RED in the US.
Our web team in the US is also working on a UK web site through which you will be able to order from the UK on-line.
Hope that clears things up?
I think I'd invest in high end cinema glass and fancy accessories if I were a rental house!
To be honest I wouldn't invest in high end cinema glass yet.
Something tells that with RED Mote Pros, iPads, etc, electronic and precise focus and aperture control on lenses is going to become a necessity. Not to mention lenses with metadata, etc.
I can see PL glass making this shift in the years to come.
The focus puller is going to have his own 1080p monitor, with a signal fed over Wi-Fi and he's going to pull focus from his RED Mote or iPad, many feet away from the camera.
That is our intention - working on it now.
No guarantees........
To be honest I wouldn't invest in high end cinema glass yet.
Something tells that with RED Mote Pros, iPads, etc, electronic and precise focus and aperture control on lenses is going to become a necessity. Not to mention lenses with metadata, etc.
I can see PL glass making this shift in the years to come.
The focus puller is going to have his own 1080p monitor, with a signal fed over Wi-Fi and he's going to pull focus from his RED Mote or iPad, many feet away from the camera.