But we all expect to sell our stuff for the same as he does. Do you take credit cards, offer a repair warrenty, throw in a coulpe of rolls of film and fresh batteries? Dealers provide a service, Why should I pay an individuale the same as I would a dealer. So Joe's comments work on both ends, buying and selling; That's just a matter of economics. Unless you are a politician, of course <g>.
Ciao, Graywolf ---------------------------------------------------------------- ----- Original Message ----- From: Joseph McAllister <[EMAIL PROTECTED]> To: PDML <[EMAIL PROTECTED]> Sent: Wednesday, February 27, 2002 6:44 PM Subject: Re: Need some advice about a trade.. > on 2/27/02 14:48, Alan Chan opined: > > >> Is trading in items at the Camera store (like the local Henry's shop) a > >> good deal or a rip-off? > > > > Rip-off, definitely. > > Geeez, folks, I wish you wouldn't call trade-in transactions "rip-offs." > > I know the sinking feeling when your used equipment is evaluated for > trade-in be a merchant, but you have to be realistic. > > The guy is in business for several reasons. He needs to make a profit on the > majority of his sales to pay his overhead, a not insignificant amount these > days, if you have a storefront. And he has to provide for his family, > certainl;y for his own shelter and food. He may have employees that have the > same needs. Are the figures starting to add up in your head yet? > > He needs to pay for advertising. Invest money in stocking equipment, on > which he probably pays inventory tax if it stays in his store for long. And > on and on... > > He's there to provide a service to your community's photographers. Would > that community be better off without his services? > > Here's the general formula for a "trade-in." Market value of the item less > 50%. That amount can be manipulated by the price of the item being purchased > (full list, discounted, or cost), but the bottom line has to be somewhere > near the merchants profit margin goal. It is also influenced be the > likelihood of the traded item reselling soon, how much it might cost to put > it into good working and presentable order, and the probable shelf life of > the item you are buying (the longer either item sits on the shelf, the less > money he can make on it). > > All fudge factors considered, you have to weigh your need for the item > purchased, the speed in which you can get it, the value of the merchant's > availability in all other areas to you (processing, film, gadgets, special > orders), against the loss of value from your purchase price of the item you > want to trade. Look at the cost to you of the new item versus the user value > of your trade-in. > > Like the price of anything you buy, the transaction is an agreement of value > between the seller and buyer. The merchant is familiar with the math and his > costs. You can negotiate, and maybe concessions will be made on his part. > But in the end, remember, he does not NEED your piece of equipment. He is > charging you a fee to present it for sale (and in good working order) to his > other customers. They are looking for that special bargain price as well! > > So quit your whining and belly up to the counter. Don't lean on the glass! > > JoMac, Pentaxian > "Pentax, Quadraphonic, Betamax, Macintosh" > > and above the rest. > k t, > s e n > Living life a w o > almost parallel to, r > yet ever so slightly o u t -------> f > - > This message is from the Pentax-Discuss Mail List. To unsubscribe, > go to http://www.pdml.net and follow the directions. Don't forget to > visit the Pentax Users' Gallery at http://pug.komkon.org . - This message is from the Pentax-Discuss Mail List. To unsubscribe, go to http://www.pdml.net and follow the directions. Don't forget to visit the Pentax Users' Gallery at http://pug.komkon.org .
