Welcome to our community

Be a part of something great, join today!

Log in
  • Hey all, just changed over the backend after 15 years I figured time to give it a bit of an update, its probably gonna be a bit weird for most of you and i am sure there is a few bugs to work out but it should kinda work the same as before... hopefully :)

Guys like this are the ones that are pulling the camera market down

Humberto Ramos

Humberto Ramos

Well-known member
Joined
Oct 1, 2012
Messages
416
Reaction score
0
Points
0
Location
Europe - Portugal
Last edited:
It saddens me to see these type of threads.

what market are you speaking of? Hopefully not the camera resell market. because if so youve missed the point entirely.

The way i see it cameras, lenses, lights ect should be more affordable as technology expands thus making opportunity to create more attainable. the purpose is to CREATE!.



I guess there's is 2 different industries.

1. People who buy merchandise to profit from renting/reselling

2. "filmmakers" that are thankful they now have the chance to produce without the restraints of limited budgets
 
Ibrahim Abdulkarim said:
It saddens me to see these type of threads.

what market are you speaking of? Hopefully not the camera resell market. because if so youve missed the point entirely.

The way i see it cameras, lenses, lights ect should be more affordable as technology expands thus making opportunity to create more attainable. the purpose is to CREATE!.



I guess there's is 2 different industries.

1. People who buy merchandise to profit from renting/reselling

2. "filmmakers" that are thankful they now have the chance to produce without the restraints of limited budgets
Click to expand...


And there is a third: Filmaker who want to upgrade their camera, and the market does pay the real value of his used camera, because some guys have trashed the cameras values to zero, so they will not upgrade and filmaker who should have the chance to produce without the restraints of limited budgets, will not have cameras to buy cause no one will give a camera for nothing or close to nothing...

In my case, I will keep mine in my garage and there will be a camera less for people who want to CREATE...
 
Shane Kelly said:
...The redone value will keep going down, not a lot that you can do about it.
Click to expand...

There is something you can do about it.
Buy this camera for $5,000 and take it off the market.
Then put it up for sale for $10,000 and you have restored the used Red One market.

It's a bit risky...like trying to catch a falling knife. You might get cut.
 
It's a great deal, and it'll go fast (probably gone already). So what? Complaining about it is just advertising the fact that there's very low prices out there for a RED One for people who wait.
 
You also need to factor in transfer fees and warranty.

$100 inspection fee
$500 transfer fee
$1500 extended warranty

So the buyer ends up paying $7100 plus shipping, unless parts and labor are needed to bring said camera up to spec to qualify for the warranty.
 
David W. Jones said:
You also need to factor in transfer fees and warranty.

$100 inspection fee
$500 transfer fee
$1500 extended warranty

So the buyer ends up paying $7100 pus shipping, unless parts and labor are needed to bring said camera up to spec to qualify for the warranty.
Click to expand...

Surprised you can still buy an extended warranty for it.
At $1500 it's a bargain for it though.
 
If RED is still doing certifications for these deals, that should be the way you do a sale in my opinion. That way you know what you are getting. I think it was $750 or something like that. Small price to pay to make sure you are getting a camera in good condition.

Every other deal is as risky as any other gear purchase. You may get a great deal or you may get a lemon. You won't know until you get it and use it for a while.

Not casting judgment on this particular deal, just saying be careful. And as for prices. The Red One is EOL. The market is now based on supply and demand. If there are a bunch of Red Ones out there that no one wants, the prices will go down. If people are clamoring for them and there are not enough to go around, the prices will go up. For example, how many people would be willing to pay $1500 right now for an SSD module for the Red One?
 
I bought R1 BT, I can't complain about people selling their R1 for peanuts, especially who paid $17,500 plus the MX upgrade. Respect to them, respect to early adopters: we never would had the BT deal if they didn't invest in first place.

My R1 full equipped will have a $3000 value? I really don't give a shit.

I'm gladly enjoying it, almost every day of my life. And working with it, obviously.

I'm lucky to have it, and the only major upgrade would be going into Epic Dragon.

When (if) i'll buy Epic Dragon, i will not sell my R1. I'll keep it near my set of Lomo's.

4.5k of WS poetry. I'll use it for "minor things": Cats, dogs, bushes, birthdays, timelapses. Life. ;-)
 
QUOTE: "I'm gladly enjoying it, almost every day of my life. And working with it, obviously. I'm lucky to have it, and the only major upgrade would be going into Epic Dragon. When (if) i'll buy Epic Dragon, i will not sell my R1. I'll keep it near my set of Lomo's."END OF QUOTE.

If people are driven to feeling all depressed, want to cry in their cups and know not which way to turn, spare a thought for those who bought into other expensive cams just before RED came forth.

With at least 1019 full-bodied SI2K cams out there and quite a few more mini head/laptop combinations, there may be a few people besides yourselves feeling a little seared by asset depreciation. The Super16mm film guys may not be feeling all that chipper either.

Interestingly, you will not find any SI2K cams on eBay right now. They have been listed very infrequently given the population of them, not Red One numbers but not insignifiant either.

That may be because depressed prices have swung below the threshold of attraction to sell but possibly also because people will still go on using them to the death-knock for themselves or indie films like some Red One owners will. A case of why sell what's not broke when it still returns credible images.
 
Last edited:
Red slashed the price of the R1.
 
Robert Hart said:
If people are driven to feeling all depressed, want to cry in their cups and know not which way to turn, spare a thought for those who bought into other expensive cams just before RED came forth.
Click to expand...
Gee, I know of post houses in the 2000s who invested $500,000 for a fully-equipped DaVinci 2K or Resolve color-correction system, and at least $250K for Avid Symphony systems and (at best) 2-3TB' worth of storage. When I first started working for a major post house in 2002, the day I started, the chief engineer told me, "I got good news, Marc: we just doubled our storage and how have 8TB of storage instead of only 4TB! It only cost us $2 million!"

So I think it's fair to say that sound, editorial, VFX, color, cameras, and many businesses have had to make "adjustments" for the downward spiral of equipment costs and rates. It's interesting to note that certain things tend to hold their value: I would put lenses and studio microphones high on that list. But computers and display devices are worthless after a few years. Try to sell a $40,000 2002 HD monitor today and see what that's worth -- $200 on eBay, if you're lucky.
 
Marc Wielage said:
Gee, I know of post houses in the 2000s who invested $500,000 for a fully-equipped DaVinci 2K or Resolve color-correction system, and at least $250K for Avid Symphony systems and (at best) 2-3TB' worth of storage. When I first started working for a major post house in 2002, the day I started, the chief engineer told me, "I got good news, Marc: we just doubled our storage and how have 8TB of storage instead of only 4TB! It only cost us $2 million!"

So I think it's fair to say that sound, editorial, VFX, color, cameras, and many businesses have had to make "adjustments" for the downward spiral of equipment costs and rates. It's interesting to note that certain things tend to hold their value: I would put lenses and studio microphones high on that list. But computers and display devices are worthless after a few years. Try to sell a $40,000 2002 HD monitor today and see what that's worth -- $200 on eBay, if you're lucky.
Click to expand...

Agree on this. A company I was involved with in the early 2000's bought a Quantel iQ (single stream 2K - and dual stream HD) - at the time, the absolute top of the range... and one of the only ways to edit HD properly. Cost was over $500K. It was sold off for a nominal fee last year... less than $20K I believe. A lot can happen in 10 years!
 
Oh look, it's THIS thread again. If you think a device which is essentially a computer with 2007 technology will GO UP in price, you are delusional. Cameras are never a good investment. Nothing that is mass produced is, except maybe rolexes and lenses.

Trying to hold on to your "pride" via fighting for the inflated price of a 7 year old camera is just funny.
 
The ever increasing depreciation speeds of virtually anything computer/tech related is a key metric. I would further posit that the number of properly budgeted projects is actually falling at the same time that the number of "pro" cameras is rising. Oversupply puts downward pressure on rates, you can guess the rest.

Cheers - #19
 
Yep this is the cucumber thread....it keeps repeating.

Unfortunately regardless of how good this camera is.......it is old tech. EOL. End of story and nothing anyone can do or say to change it.
 
Saumene Mehrdady said:
Oh look, it's THIS thread again. If you think a device which is essentially a computer with 2007 technology will GO UP in price, you are delusional. Cameras are never a good investment. Nothing that is mass produced is, except maybe rolexes and lenses.

Trying to hold on to your "pride" via fighting for the inflated price of a 7 year old camera is just funny.
Click to expand...

Very well put.
 
You must log in or register to reply here.
Back
Top