Upload & Sell: On
Pixel Perfect wrote:
Back in 2006 when I was agonizing over 300 f/2.8 or 400 DO, the prices were $3700 and $5200 respectively. Given the 500 f/4 was about $5500, I just could not bring myself to pay such a premium. Now $5200 would be a steal, given the absurd pricing Canon has inflicted on it's new lenses. One can only imagine a new 400 f/4 DO II would redress the balance and sell for $9K+.
I think the used market has "adjusted" the value of the 400 DO down to where it makes sense- $3,500-$4,000 is comparable to a 300 2.8 v1, both in good shape and a few years old, obviously. That price difference noted above has been erased for the 400 DO. Granted, some who bought the 400 DO new might not be happy about this trend, but I think it shows there is plenty of value in the 400 DO, just not $5,200 in value IMO. I know I didn't consider the 400 DO until I could pick up a lightly used on for well under $4,000.