people don't have money to go around
Personal savings per month, in billions of dollars, for the US population, 1990-nov 2023:
Seems like some Americans still have some moneys.
people don't have money to go around
Thanks for this info. Might explain this multiple listings and sellers for the same camera.In many Asian cities there are specialised malls that sell the same products. There are computer malls, video game malls, wedding gown mall and so forth. Those malls attract a lot of foot traffic because people don’t need to run all over town to compare products and prices. The dozens or so shops in those malls are most likely owned by just several entities. One guy would have say 12 shops scattered around the mall. Cast a wide net and so forth. Price collusion is common.
Incidentally when I was a kid in New Joisey I was calling all those insurance brokers in the yellow pages for motorcycle insurance. Finally one guy in frustration said he already gave me several quotes. Many of the businesses I called apparently were the same people different addresses and numbers.
Personal savings per month, in billions of dollars, for the US population, 1990-nov 2023:
View attachment 357019
Seems like some Americans still have some moneys.
You mean the Covid spike
You mean the Covid spike when fondling a Hasselblad was restricted?
The far right of the chart is back down to ~2019 levels. But the price of necessities is not.
The shipping charges are a bit much, though. I'm not a big fan of DHL.
necessities are deducted from the figure I made the chart from
I'm not a big fan of DHL either (and they'll likely apply a hefty charge for some import paperwork) and that's why I politely ask the seller to use Japan Post instead, explaining that this way I know in advance the reasonable import duties I'll have to pay. They will likely agree with the request. I haven't bought much from there, only a couple of lenses, but they were exactly as described (almost spotless).
Pricing, as others have said, is very relative and largely depends on the market. If Japan prices look bad, then European ones are outrageous.
If I am not mistaken, DHL in the US is still for sale. Neither UPS or FeEx wanted to buy it. Sighting a DHL delivery vehicle in NJ is rare. How do they manage to stay in business?
Hmmm, I have no idea, since I don't live in the US...
Emphasis added .
You answer your own question .
In any country , the selling price is determined by the market .
So if you can sell a camera and lens in Japan or wherever for $700 , why should they sell it for only $300 , just because some foreign country can't sell the same thing for more ?
If I'm selling something , I want the best return on it as I can .
If I can get more for something in my country than you can in yours , whey the heck should I reduce my asking price ?
I've bought goods from abroad because I got a better deal on them than what's for sale over here .
It's a buyers market , shop around .
My experience with Japanese sellers has been quite good. I don't buy anything from an eBay seller with a rating of less than %99.8 (every seller can have unreasonable buyers or make mistakes), but really try to stay with %100 sellers.I don't buy anything from a seller that doesn't take returns. This goes for anything that I buy, not just photo stuff. I also patronize Roberts, KEH, and Igor. My only complaint with KEH is not shipping to PO boxes. Their prices are fair and they stand behind their products.
My grandmother told me long ago that if a deal sounds too good to be true, it probably is.
The spike is an anomaly. I was responding to the notion that people don't have money to spend. This is not true, and it hasn't changed much, either, at least in the US. There is a downward trend over the past 3 decades, but it's not like something has somehow gone down the drain in the last few years, which is what the OP implies. It's just not accurate.
Nope, but the necessities are deducted from the figure I made the chart from. The savings are calculated as net income after taxes and after deducting 'personal consumption expenditures', which includes the necessities. In other words, this is the money we buy our newest iPhone and vintage Hasselblad with. Data accessible through this link: https://www.bea.gov/data/income-saving/personal-saving-rate
The savings are informally defined as "... incomes left after they pay taxes and spend money." The formal definition is of course far more intricate, but the gist is the same.
What the chart of course doesn't say is how this is distributed over the population, but the logical conclusion is that people have money to spend, at least in the US. This means that there continues to be strong demand for lots of stuff including vintage/film photo equipment, and this means that prices won't magically drop. Take also into account that there's demand from particularly China for photo gear, while Chine doesn't have an appreciable supply of second hand stuff, which means that there's just more demand and no supply to cover it - which drivers prices up.
DHL press release:If I am not mistaken, DHL in the US is still for sale.
“The US Post Office cannot get signatures of deliveries to PO Boxes.” - senders can, just ask for Signature Required when shipping and the USPS will leave a notice in your box w a Ps Form 3849 requiring you go to the front desk to sign for the box, package or letter. I get the notices all the time and have to sign but my P.O. Box is at an actual USPS location not one of those small family or co.-owned drop-box outside strip mall stores.
“The reason sellers may not ship to a PO box is that UPS, FedEx, DHL, et al cannot deliver to PO boxes.” - accurate but iffy - I’ve signed a form at my USPS office allowing the service but USPS requires addressee being name, the post office Street address, and box number. I never use it. The post office pushes the form at you about once every few years informing you of the ability. This said I’ve received outside postal service deliveries addressed to my PO Box a few times. I’ve read it depends on your area and particular post office, or the UPS service you buy.
Everything I've bought from Japan has been exactly as listed , in excellent condition .
Never had a problem with the sellers .
Delivery from Japan to the U.K is often quicker than buying local . Go figure !
That's especially true where you live in Europe. VAT taxes raise the prices way over what we pay for things here in America. Many Europeans visit B&H Photo in Manhattan during their vacations here to stock up on cameras and take them home with a smile on their faces.![]()
I've had no issue with Japanese sellers. I appreciate that they actually state that a lens may have haze, fungus or 'mold'.
As a Canadian, using eBay, I'll readily purchase from Japan as opposed to the US where eBay punishes me on shipping with their outrageous Global Shipping Program.
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