Approximate price of a Canon XH-G1 now: $4,500
Approximate price of a Canon XH-G1 during fall '09: $1000-$1200 TOPS.
As summer begins to end and people expect the cheaper Scarlets to come out, most people will begin to sell off their old gear to help pay for a new Scarlet.
Suddenly, eBay is flooded with prosumer video cameras. Once expensive cameras are going for an incredible bargain. Cameras will begin to sell for cheaper and cheaper as more and more are put up for sale, and eventually it will become of no monetary gain to even sell your camera in the first place. Your camera that once was worth thousands of dollars is now worthless.
Then theirs the flipside. People who try to sell their cameras AFTER the Scarlet comes out. They're even MORE screwed. If everyone has a camera their perfectly happy with, why would they need a new one? Plus for the price you'd be paying for a used prosumer camera, they could go buy a 2/3s cinema brain.
Clients will begin picking and paying more for people with a new RED camera. As they do research, they will pick up on this strange "RED Scarlet" and begin to ask if you have one or not. When you say no, and quote them a price, they're going to go pick the other guy who DOES have one and who can give them the same price.
This is what I have been thinking about. I am shooting a short over the summer, and wanted to shoot it on the XH-G1. I was going to shoot the film, then sell it and used the money to help buy my Scarlet. But even though it'll only be used a few weeks, it's still going to be hard to sell with the launch of the RED cameras right around the corner. I still have no idea what to do, and am still trying to think about it.
Who is the winner in all this? The film camera owners/sellers. I expect prices of film cameras to change very little, just because they're so different and appeal to different people.
Just my thoughts.
Approximate price of a Canon XH-G1 during fall '09: $1000-$1200 TOPS.
As summer begins to end and people expect the cheaper Scarlets to come out, most people will begin to sell off their old gear to help pay for a new Scarlet.
Suddenly, eBay is flooded with prosumer video cameras. Once expensive cameras are going for an incredible bargain. Cameras will begin to sell for cheaper and cheaper as more and more are put up for sale, and eventually it will become of no monetary gain to even sell your camera in the first place. Your camera that once was worth thousands of dollars is now worthless.
Then theirs the flipside. People who try to sell their cameras AFTER the Scarlet comes out. They're even MORE screwed. If everyone has a camera their perfectly happy with, why would they need a new one? Plus for the price you'd be paying for a used prosumer camera, they could go buy a 2/3s cinema brain.
Clients will begin picking and paying more for people with a new RED camera. As they do research, they will pick up on this strange "RED Scarlet" and begin to ask if you have one or not. When you say no, and quote them a price, they're going to go pick the other guy who DOES have one and who can give them the same price.
This is what I have been thinking about. I am shooting a short over the summer, and wanted to shoot it on the XH-G1. I was going to shoot the film, then sell it and used the money to help buy my Scarlet. But even though it'll only be used a few weeks, it's still going to be hard to sell with the launch of the RED cameras right around the corner. I still have no idea what to do, and am still trying to think about it.
Who is the winner in all this? The film camera owners/sellers. I expect prices of film cameras to change very little, just because they're so different and appeal to different people.
Just my thoughts.
