Resale value of new Komodo?

[John Corkery]

I can't really justify purchasing a Komodo, because video production makes up only a small percentage of my work, and the Canon R I already own performs quite well in that capacity. However, I was thinking about ordering one using my Hydrogen One discount and reselling it, but I can't decide if that would be worth my time and effort. Does anyone have any idea how much I'd be able to resell a brand new, unopened Komodo for?

 

[Wil Wong]

I would say it's not worth your time.

Yes, you can make a few hundred dollars but unless you're a student where a few hundred dollars is a lot of money, you can make that in one day with a regular gig.

The hassles alone is a pain.
- Shipping costs if not local
- Did it arrive or not?
- What if the buyer claims it's broken? or wants their money back because they think it's a lemon?
- Transferring ownership of your name to the buyer's name
- By the time you get your Komodo, it will be out in the masses. You will sell for less to entice a buyer and even with the discount of Hydrogen, you will lose time posting the ad, answering questions, meeting or shipping.
- Also as a first time poster on Reduser, most red users won't trust you cause they don't know you and you haven't been in the community long enough to be established. Low posting count sounds more like a scam artist when they sell stuff.

Anyhow, as mentioned, it might not be worth the money you make just to gain a few hundred. Just my opinion.

 

[John Corkery]

Thanks for taking the time to reply, Wil.

Yeah, most of the things you listed I've certainly considered, and if I can only net a hundred dollars or so, I probably won't bother. As to being a first time poster here on reduser, well, of course that would be the case, since the only RED-branded product I've ever owned is the Hydrogen One, which had its own h4vuser site (where I've been a registered user ever since the Hydrogen One was released). However, it seems that most h4vuser members who actually own RED cameras abandoned that site en masse quite some time ago, so I thought I'd be able to receive more insightful responses to my inquiry here on reduser.

Another scenario I've considered is to use the Komodo for a while to see if it's worth keeping. And if I decided that, for my uses, it's just overkill, I was thinking I might be able to resell it at or near my purchase price.

Anyway, I'm currently mulling over my options before my H1 discount expires.

 

[M Harvey]

Not sure how it works but, if the Hydrogen discount is really what's valuable, maybe you sell the Hydrogen to someone who definitely wants to buy a Komodo-- and actually use the Hydrogen with it.

 

[Glen Powell]

I can't really justify purchasing a Komodo, because video production makes up only a small percentage of my work, and the Canon R I already own performs quite well in that capacity. However, I was thinking about ordering one using my Hydrogen One discount and reselling it, but I can't decide if that would be worth my time and effort. Does anyone have any idea how much I'd be able to resell a brand new, unopened Komodo for?

Sounds like a total PIA as Wil so eloquently points out.

Not sure how it works but, if the Hydrogen discount is really what's valuable, maybe you sell the Hydrogen to someone who definitely wants to buy a Komodo-- and actually use the Hydrogen with it.

Only the original registered user of the hydrogen qualifies for the discount.

 

[John Corkery]

Not sure how it works but, if the Hydrogen discount is really what's valuable, maybe you sell the Hydrogen to someone who definitely wants to buy a Komodo-- and actually use the Hydrogen with it.

Yeah, before the terms of the discount were recently revealed, I'd been wondering if I could sell my phone or its relevant ID/serial number to recoup some of the funds I'd invested in the H1 based on its promised expandability through add-on modules. But apparently the discount is only valid for original buyers who still possess their H1.

 

[Andrew Kommers]

Yea, this has been discussed at length in our FB owners group.. Its pretty sketchy to try since RED does alot of verifying before they supply the discount... The discount is for loyalty and not really something to be passed on.

 

[John Corkery]

Yea, this has been discussed at length in our FB owners group.. Its pretty sketchy to try since RED does alot of verifying before they supply the discount... The discount is for loyalty and not really something to be passed on.

Definitely wasn't going to try that, which is why I'm inquiring about the resale value of a new Komodo.

 

[Michael Hastings]

snip:

Another scenario I've considered is to use the Komodo for a while to see if it's worth keeping. And if I decided that, for my uses, it's just overkill, I was thinking I might be able to resell it at or near my purchase price.

Anyway, I'm currently mulling over my options before my H1 discount expires.

This seems like the most sensible approach. I'm looking at the same thing - I have an R5 coming but also been a RED owner since R1 and 4 more reds since. I'll probably get the Komodo and see how it shapes up against the R5 and also for my underwater work - to see which I want to keep - or both (The combined cost to keep both is still much cheaper than any of the other cameras I have had over the past 12 years).

With the discount, I probably wouldn't lose much if sold used in six months or so.

 

[Mason Day]

John, you could always rent it out when you're not using it, depending on your location. That would help recoup potential costs. With that said, do keep in mind that you need to spend another few thousand dollars to kit the camera to a usable state. I've purchased almost the bare minimum for my Komodo, and it was still another $3,000.

 

[kevin holmgren]

What did you get?

What did you get?

John, you could always rent it out when you're not using it, depending on your location. That would help recoup potential costs. With that said, do keep in mind that you need to spend another few thousand dollars to kit the camera to a usable state. I've purchased almost the bare minimum for my Komodo, and it was still another $3,000.

Mind sharing what you DID get for it?

Trying to figure out my own setup.

 

[John Corkery]

Mind sharing what you DID get for it?

Trying to figure out my own setup.

Thank you all for the thoughtful replies. I have some nice lenses for my Canon R, so I think I'm all set as far as that goes. Also have a Moza Air which I'm guessing would work OK with a Komodo? Also a few different mics/audio recording devices. I know I'd need some CFast cards and batteries. Anything else?

 

[Michael Hastings]

Thank you all for the thoughtful replies. I have some nice lenses for my Canon R, so I think I'm all set as far as that goes. Also have a Moza Air which I'm guessing would work OK with a Komodo? Also a few different mics/audio recording devices. I know I'd need some CFast cards and batteries. Anything else?

Are your lenses RF?

BE aware that Komodo does not support RF lenses only the EF lenses with an EF-RF adapter.

 

[John Corkery]

Are your lenses RF?

BE aware that Komodo does not support RF lenses only the EF lenses with an EF-RF adapter.

Oh, wow. Really? Very strange to have an RF mount but not support RF lenses.

 

[Christopher A. Bell]

Oh, wow. Really? Very strange to have an RF mount but not support RF lenses.

It’s WELL documented and has been out there for months and months that it is (currently) non-functional with RF lenses. My thoughts/philosophy on it: it’s a “base mount” for EF, PL and other mounts. Buy the camera for what it does RIGHT NOW, and not for what it MAY do in the future and you want be disappointed if promised or planned features never materialize.

 

[Mason Day]

Mind sharing what you DID get for it?

Trying to figure out my own setup.

I ordered: 4x Blueshape 975 batteries, 2x 500gb Cfast 2.0, Wooden Camera top handle, Atomos Shinobi SDI, GDU Timmy Ribs, and a case. I'm sure I am missing some minor things, but by the time I put even just an essentials kit together, I added around $2,500-3,000. Cheers!

 

[John Corkery]

It’s WELL documented and has been out there for months and months that it is (currently) non-functional with RF lenses. My thoughts/philosophy on it: it’s a “base mount” for EF, PL and other mounts. Buy the camera for what it does RIGHT NOW, and not for what it MAY do in the future and you want be disappointed if promised or planned features never materialize.

Thank you for your advice and sorry for my ignorance. As I mentioned earlier in this thread, I hadn't actually considered buying a Komodo until this past week or so after RED revealed the eligibility requirements and time frame for the H1 discount, so I had no real reason to follow the camera's development. I just presumed that an RF mount would be compatible with RF lenses (seems like a reasonable conclusion).

 

[Christopher A. Bell]

Thank you for your advice and sorry for my ignorance. As I mentioned earlier in this thread, I hadn't actually considered buying a Komodo until this past week or so after RED revealed the eligibility requirements and time frame for the H1 discount, so I had no real reason to follow the camera's development. I just presumed that an RF mount would be compatible with RF lenses (seems like a reasonable conclusion).

Sorry if I came across a little rough. It’s just that it’s been something that has come up a lot and people have been fixating on, especially since the camera is official, now. I’m not saying that I disagree with the thoughts/feelings about the functionality, but it was stated up-front and is stated in RED’s info with the camera on their pages.

 

[Michael Hastings]

Sorry if I came across a little rough. It’s just that it’s been something that has come up a lot and people have been fixating on, especially since the camera is official, now. I’m not saying that I disagree with the thoughts/feelings about the functionality, but it was stated up-front and is stated in RED’s info with the camera on their pages.

It has been clearly stated that it's not supported now, but my thoughts/philosophy is that it's an important issue that RED should provide more clarity. It is a new mount with additional pins and greater functionality and probably a bit more security in its firmware. It is a distinct possibility that it will be much more difficult to reverse engineer the camera side firmware (not to mention possible patent infringement - an issue that wasn't really there with the EF mount that was developed in the 1980s).

It's also a distinct possibility that it could take years to reverse engineer and be too late for Komodo, and it seems that RED has at least some idea of how feasible/likely it is to happen any time soon. It is an issue that is important to some of us and it would be good to get some clarity before the 60 day discount window closes.

 

[John Corkery]

I ordered: 4x Blueshape 975 batteries, 2x 500gb Cfast 2.0, Wooden Camera top handle, Atomos Shinobi SDI, GDU Timmy Ribs, and a case. I'm sure I am missing some minor things, but by the time I put even just an essentials kit together, I added around $2,500-3,000. Cheers!

Thanks for sharing that info, Mason. Much appreciated!