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Fair Price for EP5 w/ VF4?

Discussion in 'Olympus Cameras' started by RobDMB, Oct 7, 2013.

  1. RobDMB

    RobDMB Mu-43 Regular

    48
    May 12, 2013
    First of all, if this is not a proper for this forum, MODS please feel free to move this or delete.

    After using the EP5 for awhile, I am thinking to changing to either the OMD or EM-1 for the built in viewfinder and more importantly, a little larger grip. I was wondering what a fair asking price would be for a mint condition Black EP5 w/ VF4 viewfinder. This was purchased as a kit, but I would opt to keep the 17mm. Just want to be fair with an asking price if I decide to sell. Thanks.
     
  2. gochugogi

    gochugogi Mu-43 Veteran

    A new E-P5 is currently $950 and the VF-4 bumping up against $250 (I paid $280 2 months ago!). So $1200 gets you brand new virgin gear with full warranty. If you want to entice a buyer you'll need to price it so the loss of the warranty (& ensuing risk) and virgin status is significantly offset by monetary savings. I'd say a 40 to 50% discount from the new price would get you a fast sale. The E-Px series loses value fast so don't wait too long.
     
  3. dougjgreen

    dougjgreen Mu-43 All-Pro

    Jun 5, 2013
    San Diego
    Doug Green
    Keep in mind that NEW grey market with warranty bundles with the VF-4 and the 17mm lens can be gotten nowadays for between $1300 and $1350 including shipping, and folks can turn around and sell the lens for ~$350. So you'll find it challenging to get much over $1000 for the body plus the VF-4 without the lens
     
  4. RobDMB

    RobDMB Mu-43 Regular

    48
    May 12, 2013
    Thanks for the feedback. I was thinking potentially around $900 - maybe that is still a bit high based on the feedback.
     
  5. zapatista

    zapatista Mu-43 Top Veteran

    668
    Mar 19, 2012
    Denver, Colorado, USA
    Mike
    40 to 50% off the new price would cause a landslide/tornado/tsunami of people falling over themselves to buy it.
     
  6. dougjgreen

    dougjgreen Mu-43 All-Pro

    Jun 5, 2013
    San Diego
    Doug Green
    I think you'd see demand somewhere in the vicinity of $900, and MANY buyers at $800-850, and resistance as you got to the mid to upper $900s
     
  7. gochugogi

    gochugogi Mu-43 Veteran

    For me, I'd rather pay a few mo' benjamins for a new unit with warranty. Pretty sure there will be a massive price drop come black friday.
     
  8. monk3y

    monk3y Mu-43 Hall of Famer

    May 14, 2013
    in The Cloud...
    Steven
    Body is around $730-800 and VF-4 for $220-$240.

    At least that's how I've been selling them.



    Sent from my GT-N7100 using Mu-43 mobile app
     
  9. sjohnsonjd

    sjohnsonjd Mu-43 Rookie

    15
    Aug 29, 2013
    When the price of the VF4 comes down, please let me know!
     
  10. Rangerob

    Rangerob Mu-43 Rookie

    19
    Oct 9, 2013
    RobDMB,
    Im interested in purchasing a used ep5. Please pm with some pricing info.
    Thanks
     
  11. Luke

    Luke Mu-43 Hall of Famer

    Jul 30, 2010
    Milwaukee, WI
    Luke
    I would ask $950 - 1,000.... I haven't seen any priced lower than that. I think some of your answers are people with wishful thinking they can get a bargain. It hasn't been out that long.
     
  12. monk3y

    monk3y Mu-43 Hall of Famer

    May 14, 2013
    in The Cloud...
    Steven
    That's the correct price with the VF-4. :smile:
     
  13. dougjgreen

    dougjgreen Mu-43 All-Pro

    Jun 5, 2013
    San Diego
    Doug Green
    You can get a brand new one for that price, in fact you just sold a brand new one for $750 without the VF-4, if I'm not mistaken. His is very slightly used. Not quite the same thing. Also, the DPReview review probably knocked it down a peg.
     
  14. bigal1000

    bigal1000 Mu-43 Veteran

    337
    Sep 10, 2010
    New Hampshire
    What are looking for a weatherseald body,as the VF4 you have is way better than EM5 viewfinder.
     
  15. gochugogi

    gochugogi Mu-43 Veteran

    The E-P5 is $949 brand new on Amazon and many other websites. Why would anyone buy a used one without warranty and customer service perks for the same price as a new one?
     
  16. BeyondTheLines

    BeyondTheLines Mu-43 Veteran

    262
    Sep 23, 2012
    Spain/USA
    Patrick
    That's the price without VF-4.

    To OP, personally I'd try with your initial price of $900 and if no one's buying, then lower the price
     
  17. monk3y

    monk3y Mu-43 Hall of Famer

    May 14, 2013
    in The Cloud...
    Steven
    Agreed. I forgot we are talking used here :eek:

    Sent from my GT-N7100 using Mu-43 mobile app