What is the best site to buy and sell used lenses?

dendronepthya

Premium Member
I want to sell my Canon 70-200 and eBay didn't do the job which is somewhat shocking. Is there a decent photography-specific marketplace that most people use?
 
I've sold a bunch of lenses (a dozen'ish) on eBay and have done pretty well with it. Sometimes more than I expected, sometimes a little less. Good photos, good description (condition of optics, moving parts, dust/fungus, exterior), make it end on a Friday (payday). I always start the auction at 99cents and don't have a reserve.
 
I still think ebay is the best place, did you run just one auction? Maybe it was a bit overpriced? Did you get any bids at all?
 
+1 to Fredmiranda.com. I have not sold on there but I have purchased quite a few items. Some pretty high priced (for me anyway). I have always had great experiences. Since the members are photographers (or serious hobbyists) they can provide good product images as well as sample pics taken with the item.

I have also had good luck on ebay but I prefer the immediate transaction as opposed to an auction that stretches over several days.

I just bought a 70-200 2.8L IS. Those lenses seem to go fast.

Good luck.
 
Thanks for the suggestions. I'll put it on one of those sites after Thanksgiving. eBay was surprisingly dead. In 1 week, the auction only got 80-something views, though it has 17 watchers. The starting bid was $1500 which I do not think is a high price at all for this lens. Most 70-200 2.8 IS I see get sold between $1650 to $1750.
 
Thanks for the suggestions. I'll put it on one of those sites after Thanksgiving. eBay was surprisingly dead. In 1 week, the auction only got 80-something views, though it has 17 watchers. The starting bid was $1500 which I do not think is a high price at all for this lens. Most 70-200 2.8 IS I see get sold between $1650 to $1750.

That opening bid killed it. You have to get them bidding at a price that would be a real steal. An item priced just under market value with zero bids makes people think there must be something wrong with it and it's approached a lot more cautiously than one that's priced to sell and already has a bunch of bids against it.

There are plenty of people that would love to have it, so it won't close way underpriced.
 
I agree, the opening bid was way too high. If you cannot think of letting it go below $1500 make an opening bid of $1000 but put a reserve of $1500, it won't sell for less than $1500. People will pay $1600 for another lens that they started bidding at $1100 but won't make an opening bid of $1500... Odd, I know, but that's usually how things work on ebay.
 
The reason I was hesitant was because ebay has been slowing down. A few months ago, I sold a 50mm 1.4 and had about 500 views and 80 people watching. This past auction, only had 80 views and 15 people watching. It's entirely possible to start a low auction on a lens and only get 1 bid when there are so few views.
 
The reason I was hesitant was because ebay has been slowing down. A few months ago, I sold a 50mm 1.4 and had about 500 views and 80 people watching. This past auction, only had 80 views and 15 people watching. It's entirely possible to start a low auction on a lens and only get 1 bid when there are so few views.


Start low and use a reserve. I'll usually mention in my listing that I have a reserve but it's set at a fair price, or just below the going price... this usually seems to attract a lot of watchers and bids.
 
Start low and use a reserve. I'll usually mention in my listing that I have a reserve but it's set at a fair price, or just below the going price... this usually seems to attract a lot of watchers and bids.

All depends on the target audience. I, for example, never bid on anything that has a reserve set. I know that I'm not the only one.

That's why I like selling on FM. They get a ton of traffic in the buy/sell forum and they're all photographers. You'll have no problem selling it, very quickly, if you set a fair price.
 
All depends on the target audience. I, for example, never bid on anything that has a reserve set. I know that I'm not the only one.

That's why I like selling on FM. They get a ton of traffic in the buy/sell forum and they're all photographers. You'll have no problem selling it, very quickly, if you set a fair price.

+1

I am a bit more cautious with reserve auctions... I avoid them unless it is something I relay want, then I usually send a message to the seller to see if it is over my budget.

j
 
Well, YOU may not bid on reserve auctions, but there are plenty that do! if you want to go down that road; I personally don't buy lenses on eBay... that doesn't mean there is no market for lenses there.

I have only sold 1 lens on eBay. There were almost 50 watching and something like 30+ bids if I recall right. It sold for about $200 more than my reserve. I usually don't use a reserve unless there is a lot of competition.

There seems to be a different going rate depending on where you're shopping/selling. eBay tends to bring in higher prices, but of course there are the fees. CL is a bunch of cheap skates, but no fees. FM seems to be a good balance. I have not bought or sold there (yet) but I browse the B&S forum more often than I should :)
 
Only advice I can give is to get set up at those forums and start posting. If you try and join and sell a 1600 lens with few to no posts, not many people will buy it as they are afraid you are a scammer. Why do you think they won't let you sell here with less than 50 posts and 90 days into it?

I wouldn't buy that lens from you without some feedback and a decent post count. I am a member of both FM and photography-on-the.net, and both are good avenues to get what you want. POTN is a Canon specific site so the interest will be there. I am not trying to sound like an a**, just trying to be realalistic with you. Good luck. Mark
 
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