There are several ways to deal with camera sales. You can accept the cash upfront and let the camera sell at a discounted price. You can negotiate with the seller, offering to pay lower prices than that of the manufacturer. You can use coupons or discounts on a wide range of accessories and services. And a small percentage of the proceeds will be set aside for a rainy day fund.
Let’s look at each.
1. Cash Back Through a Dealer
This route is a little more complicated than having a sales department just sell the camera you already own. You will have to do some legwork to find an authorized dealer who has stock in the camera. Find out if they are willing to swap out the warranty for your warranty. You’ll also need to speak to the dealer regarding camera upgrades, as many older cameras can require a lot of upgrades to work properly. Also, the dealer might have limited stock of certain accessories, including batteries, memory cards, and other pieces of camera equipment such as the battery compartment. Be sure to ask for a price match on any other accessories you may be interested in. Ask for any warranty you want. If the price of the camera is competitive or the manufacturer offers a discount on repair, your cash back will be even higher.
This has a few advantages:
You can start a camera-buying relationship with a potential buyer.
You can negotiate a price and work directly with the vendor with no outside agency.
The dealer will help you sell, because they understand your brand, and know that you don’t mind taking the risks with your cash back.
If you purchase a high-end camera, such as an expensive DSLR, this option is ideal for many people. You will usually also take advantage of a cash back credit offer that was put in place by the manufacturer.
2. Sell a Used Camera from a Dealership
This is where it becomes a bit more complicated. You’ll need to find out which used/refurbished camera you have and whether or not there is an authorized dealer with inventory. You may have to speak with the retailer to get a price match. You’ll also want to do some research and research some of the accessories that might be available on the used market.
If the original seller is not willing to sell a camera you acquired at a used camera shop, you may need to negotiate directly with the seller to get your money back. If you are lucky enough to find an authorized dealer