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  • 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 :)

Money can't buy everything

Hi Jim :) I'm not saying I WANT to sell my camera. I'm saying if I buy the camera and someone throws enough cash at me that I could buy three cameras later, it might be hard to say no to that...

Jannard said:
Looks like we lost your reservation info... :-)

Jim
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jlaurili said:
Hi Jim :) I'm not saying I WANT to sell my camera. I'm saying if I buy the camera and someone throws enough cash at me that I could buy three cameras later, it might be hard to say no to that...
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jlaurili

I've got some extra shovels if you need to dig a deeper hole.lol
 
I'll sell you mine for......hmmmm....one million dollars, cash-money. :)
 
Is there anything wrong with my logic? It's not like i'm made of money. It is hard enough for me to scrape enough together just to get the camera, let alone all the other expenses a project requires, which will all be funded by myself. I really do need the camera, but a bit of a delay won't kill me if it could help me so much. If the time is worth much more then the money for someone else, I don't see the harm. It is not much different then buying the camera and renting it out to others...
 
jlaurili said:
Is there anything wrong with my logic? It's not like i'm made of money. It is hard enough for me to scrape enough together just to get the camera, let alone all the other expenses a project requires, which will all be funded by myself. I really do need the camera, but a bit of a delay won't kill me if it could help me so much. If the time is worth much more then the money for someone else, I don't see the harm. It is not much different then buying the camera and renting it out to others...
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It will be your camera and you should sell it if you want to. Honestly, I'm in the same boat. I could wait until next Summer for my camera if needed, which is why I'm always posting for everybody else to be patient and telling Jim et all to take their time. :)

I wonder how many legitimate buyers there are going to be that are willing to pay way over MSRP to get their hands on one earlier? This is an important camera, but I would think that most established filmmakers have contingency plans for cameras to fill in, while RED comes to maturity.

That said, I've been know to be wrong from time to time. :)
 
jlaurili said:
Is there anything wrong with my logic? It's not like i'm made of money. It is hard enough for me to scrape enough together just to get the camera, let alone all the other expenses a project requires, which will all be funded by myself. I really do need the camera, but a bit of a delay won't kill me if it could help me so much. If the time is worth much more then the money for someone else, I don't see the harm. It is not much different then buying the camera and renting it out to others...
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Lighten up buddy! I think Jim was just pulling your legs. :watsup:
 
redluvr said:
"Maddigan’s Quest" on your site is the quality and look I am going for. cool lighting.
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Very kind of you to say. I can understand you not wanting to shoot on anything other than Red now too. I'm completely spoilt, but I have a string of projects that sadly will be shot on "legacy" formats ;)

Maddigan's was a battle. 2 camera Varicam, the first of it's scale in New Zealand. Sadly we never once had a moment to breath and enjoy each others company while shooting that as the schedule was very tight, we had 12 core cast and 4 vehicles with hidden drivers in nearly every scene.

Noisey in the shadows though, I believe that Panasonic made a mistake not releasing their Gamma convertor as software. You really need it to make the best of the camera, yet no one I know wants to buy it when they can already see a picture that looks okay. So we lift the shots in post without th convertor and hey look at all that noise. And don't get me started on keying

...tirade over Varicam over. A counter point would be that the last 3 music videos I directed were Varicam and wouldn't have been made without the savings that camera gave me.
 
Personally I think if people are willing to pay extra to get their hands on my camera, then there will certainly be a demand to rent it. Thats how I'm going to pay for mine. Then I can float around the world shooting pretty shots at my leisure!

(note to self...take this thread to the bank when I get them to fork out for my Red)
 
I heard one person theorize that the early demand for Red One rentals will be exceedingly low, until it becomes a "proven" technology and workflow. That said, I really hope they were wrong and I will be doing a strong effort to rent my Red out. If it's true that I can't rent #27 out in 2007, I may have to pawn my little son out :-) (it's okay, I'd retrieve him before he turned 5)
 
I think the best rental period will be when the camera is first released yet not available to the non-queued people. I don't think many people are concerned about the camera being "proven technology", since there's already the footage from the prototypes looking so nice.
 
I'm kind of curious now, as I've been thinking about it. If someone had a RedOne and, say, 3 months before the general public will be getting theirs. How much money would renting it out for those 3 months bring in?

Assuming a fully booked schedule, that'd be 12 weeks of renting. If the rental fee is $2000 per week (an extremely reasonable price for my region), then the result would be $24,000 of income. If you aren't trying hard to get the rental business, maybe you only bring in 6 weeks of renting... $12,000 dollars.

So, really, it's probably not cost effective to sell one of these cameras unless the offer is closer to something around $20k above list price. Hmm... now I'm not sure if I want to sell #728 after all. Especially if I could eek out 6 months of full rental... $48,000 profit!
 
Jim is a businessman - I'm sure he'd understand if you got a good offer and sold off your camera. On the other hand - I'm sure he would be pissed off if someone had reserved 5 cameras just to sell them off with a huge profit immediately after getting them.
 
Lowkus said:
Assuming a fully booked schedule, that'd be 12 weeks of renting. If the rental fee is $2000 per week (an extremely reasonable price for my region), then the result would be $24,000 of income. If you aren't trying hard to get the rental business, maybe you only bring in 6 weeks of renting... $12,000 dollars.

!
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Hi,

If you know any producers who will pay more than cost price to rent a camera for 3 months please pass their names to me.

Stephen
 
Stephen Williams said:
Hi,

If you know any producers who will pay more than cost price to rent a camera for 3 months please pass their names to me.

Stephen
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I won't be surprised if such things start happening right off the bat. Hell, I just had a very successful studio exec who I intern for ask me if I'd heard of this "RED" thing last week. Who knows? I'm sure there are plenty of people who will be willing to give them a rental package for Panavision-esque prices. :laugh:
 
I don't think he means renting to the same person/company for three months. He means booking his schedule full.
 
That is my thought. Why would anyone sell for a 5k or 10K profit, when the camera is worth so much more?

Renting sounds like a great way to pay for the camera, but I am unsure how to go about it, and certainly not something I would not attempt to do on my own.

Lowkus said:
So, really, it's probably not cost effective to sell one of these cameras unless the offer is closer to something around $20k above list price. Hmm... now I'm not sure if I want to sell #728 after all. Especially if I could eek out 6 months of full rental... $48,000 profit!
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