Alex Kornreich
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the only other side to the arguement is, when a new camera or new sensor comes out, the value for your camera just went way down....and now that $3,000 you turned down sounds really good considering your camera is no longer in demand. (I'm just arguing for the other side so before anyone jumps on me read my previous posts.*) I would not rent it out for $3,000...
Like I said previously I would never rent the package out for $3,000 for 20 days.... but your package is also not cream of the crop gear that rental houses usually provide. So with all that in mind I'd expect to negotiate to around $5,000-$5,500 for the package for 20 days (9 rental days as rental houses would charge). That equates to about $650/rental day. In the end it's really about if you need the money or not, or are doing a favor for a one time thing.... Here is a quote on an Indie package from a rental house:
RED Scarlet "Indie"
All of "Basic" package plus:
Ti PL Mount (in place of Al Canon mount)
RED Pro Primes 18, 25, 35, 50, 85, 100mm T1.8 (in place of zooms)
MANTIS Handheld Rig
x4 RED or Anton/Bauer bricks w/ Twin Charger
x3 Additional REDMAG SSD Drive 128GB
ARRI MB-20 or RED Pro Clip-On Matte Box w/ Eyebrow (in place of Chrosziel/Vocus)
ND Filter Set
Polarizer Filter
Miller Arrow 55 100mm Fliud Head w/ Cartoni Sticks
Arri FF-4 or O'Connor CFF-1 Follow Focus
$825/Day
$2,475/Week
$7,425/Month
the basic package includes:
RED Scarlet Body
RED DSMC SSD Module (Installed)
RED Al Canon Mount w/ Cap (Installed)
Red Side Handle (Installed)
Action Products Epic/Scarlet Audio Riser Plate w/ 2 XLR Inputs
Element Technica Hybrid Bridge Plate w/ Studio 15mm Mounts
Action Products 6" Arri Style Dove Tail
Element Technica Top Handle
12” Aluminum Rods
RED 5" Touchscreen LCD
REDMAG SSD Drive 128GB
Red Station SSD Reader
x4 REDVOLTS w/ Travel Chargers
RED Epic/Scarlet AC Power Adapter
Canon EF 24-70mm L USM II IS f2.8
Cartoni 100mm Fluid Head Tripod
at $650/day your rate would be pretty solid for rentals. I wouldn't go any higher though. But remember, rental days are different than days on set....It's how all rates are calculated.
Just for fun here is the entire "Ultimate" package from the same rental house and take note that the monthly rate is $9,000 which is still less than your original offer and look at all the additional items.
RED Scarlet "Ultimate"
All of "Indie" package plus:
Zeiss CP.2 18, 21, 25, 28, 35, 50, 85mm (in place of RPP's)
x2 REDMAG SSD Drive 128GB
Red Pro Bomb EVF (in place of touchscreen LCD)
REDMOTE
x2 Additional RED or A/B Bricks
4 Position Switronix Red Batt Charger (in place of RED Charger) or 2nd Twin Charger
5.6” TVLogic Monitor
Panasonic 17” LCD Monitor
x2 50’ BNC Cables
Mitchell Mount Baby Sticks
Mitchell Mount Hi-Hat
12" Whip & Speed Crank
BEST VALUE!
$1,000/Day
$3,000/Week
$9,000/Month
There are always going to be people hustling to get a "deal," make them feel like their getting one and you both will be happy!
...and then take another 15-30% off those rates, because I've never seen gear leave a rental house for published rates.
And rental houses have backups and 24/7 support. Owner/ops need to be cheaper because they can't provide the same service as a rental house.