How much 90mm APO worth today

[jaeger]

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Hi, I'm planning to put my 90mm APO on used market but wondering how much would it be reasonable.  I only used it few times and really need to let it go since I don't use it enough.  Here are the detail.

1) 2018 production

2) like new

3) with boxes, leather case and caps

[Jeff S]

For sale at B&H for $4k and Leica Miami for $3895.  But they offer store warranty and return policy.  I prefer to sell (or trade) through reputable dealers (no offense to forum classifieds) to eliminate the hassles of personal sale.  They’ll help assess market value, and typically return 70% to 80% (Popflash sale or Miami trade-in) to seller.  YMMV.

Jeff

[lct]

42 minutes ago, jaeger said:

Hi, I'm planning to put my 90mm APO on used market but wondering how much would it be reasonable.  I only used it few times and really need to let it go since I don't use it enough.  Here are the detail.

1) 2018 production

2) like new

3) with boxes, leather case and caps

6-bit coding? No invoice? No warranty card? Did you get it new? Please feel free to not answer my intrusive questions .

[jdlaing]

1 minute ago, lct said:

6-bit coding? No invoice? No warranty card? Did you get it new? Please feel free to not answer my intrusive questions .

2018 production. 6 bit coded.

Warranty card not needed.

Edited August 26, 2020 by jdlaing

[lct]

7 minutes ago, jdlaing said:

2018 production. 6 bit coded.

Warranty card not needed.

By whom? As a buyer i always ask for it. If there is none it may mean gray market or stolen item. 

[LocalHero1953]

Rule of thumb: a dealer will typically offer a used item for sale with a 20% (perhaps 15%-25%) markup on what they will pay you for it, because they usually offer a warranty, if only for a few months. Consequently you can sell it on ebay for something more than what they will pay you, but less than what they will sell it for.

I sold my Apo-Summicron-M 90 to a dealer at the end of 2018, but it was part of a multiple item trade-in for a new lens, and I can't find the exact amount.

I've sold a couple of M lenses by auction on ebay recently for excellent prices, but there's always a risk that you get some awkward buyer who doesn't like what they get. Hasn't happened to me yet, but you have to factor it in.

I find the best way to judge the price to list it at on ebay is to search for SOLD used auction items. Forget all the current listed prices unless there are already bids in for them.

Edited August 26, 2020 by LocalHero1953

[carbon_dragon]

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Just bought one from KEH for $3129 plus tax.

[pedaes]

If you want minimum hastle have it sold on commission by a main dealer. If you want maximum price put it on eBay at 75% of current new price and invite offers. You will probably get offers rather than a full price sale from any interested buyer which gives you the opportunity to check them out and decline offer if you are not comfortable with them. 

[farnz]

Is it the 90/2 APO-Summicron-R asph or the 90/2 APO-Summicron-M asph?  You didn't mention this and the reason I ask is that the R-version normally sells for more than the M-version.

Pete.

[Jeff S]

17 minutes ago, farnz said:

Is it the 90/2 APO-Summicron-R asph or the 90/2 APO-Summicron-M asph?  You didn't mention this and the reason I ask is that the R-version normally sells for more than the M-version.

Pete.

My assumption, given he posted in the M forum rather than the R forum.  But you never know.

Jeff

[adan]

We are not really supposed to act as appraisers on these forums.

But as a side note, most dealers in the US who buy something outright "on speculation" to re-sell pay 50% of what they expect to sell it for.

60%-65% if traded in towards something else, and maybe 70% if sold on consignment (client doesn't get the check until the dealer sells it for them, reducing dealer's risk).

And maybe a bit higher for a known long-time "most favored" client - or an exceptionally-popular item that is expected not to sit on the shelf very long.

Although YMMV.

[carbon_dragon]

57 minutes ago, farnz said:

Is it the 90/2 APO-Summicron-R asph or the 90/2 APO-Summicron-M asph?  You didn't mention this and the reason I ask is that the R-version normally sells for more than the M-version.

Pete.

If you're talking to me, the answer is M.

[Jeff S]

36 minutes ago, adan said:

We are not really supposed to act as appraisers on these forums.

But as a side note, most dealers in the US who buy something outright "on speculation" to re-sell pay 50% of what they expect to sell it for.

60%-65% if traded in towards something else, and maybe 70% if sold on consignment (client doesn't get the check until the dealer sells it for them, reducing dealer's risk).

And maybe a bit higher for a known long-time "most favored" client - or an exceptionally-popular item that is expected not to sit on the shelf very long.

Although YMMV.

Popflash returns 80% of agreed listing price (used to be 85% if sold within 3 weeks), whether through them directly or via their eBay site (where the item typically is priced higher to cover their costs).  Leica Miami gives 80% for trade-ins, and 70% for consignments. There are others.  It pays to be resourceful.  
 

Jeff

[jdlaing]

5 hours ago, lct said:

By whom? As a buyer i always ask for it. If there is none it may mean gray market or stolen item. 

There is no such thing as a grey market Leica lens.

Lack of warranty card is a poor indication of a stolen lens.

[jaeger]

4 hours ago, carbon_dragon said:

Just bought one from KEH for $3129 plus tax.

What's the condition did KEH label at this price? 

To those questions, it's a M lens, and I am the original owner.  The lens is registered in Leica database so the warranty has been activated.  I took it to Wetzler last year to calibrate with the M body, they didn't adjust anything to this lens. 

Edited August 27, 2020 by jaeger

[lct]

1 hour ago, jdlaing said:

There is no such thing as a grey market Leica lens.

Lack of warranty card is a poor indication of a stolen lens.

I could show you a couple grey market Leica lenses not far from me but don't repeat it please

[jaapv]

7 hours ago, lct said:

By whom? As a buyer i always ask for it. If there is none it may mean gray market or stolen item. 

Leica doesn't require warranty cards, just proof of purchase. Even if a local importer imposes a "grey" policy (illegal in the EU), Leica the factory will always honour guranty.

[farnz]

2 hours ago, carbon_dragon said:

If you're talking to me, the answer is M.

No I was asking the OP.

Pete.

[farnz]

2 hours ago, Jeff S said:

My assumption, given he posted in the M forum rather than the R forum.  But you never know.

Jeff

Hence why I asked.

Pete.

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Hallo,

Look here: Leica M

[lct]

25 minutes ago, jaapv said:

Leica doesn't require warranty cards, just proof of purchase. Even if a local importer imposes a "grey" policy (illegal in the EU), Leica the factory will always honour guranty.

The buyer may need to know if the lens is a grey market or a stolen item and a good way to check this is asking the seller for his warranty card.