How to Determine the Best Resale Price for Your Canon EOS 70D

If you're looking to sell your Canon EOS 70D, determining the right resale price can be a challenging task. The equipment includes the camera body, battery charger, and both 18-55mm and 75-300mm lenses. Let's explore the best practices and resources to help you set an appropriate resale price.

1. Utilize KEH for Professional Valuation

For a professional and reliable valuation, is a popular choice. Simply input the details of your equipment, and KEH will provide you with a quote. KEH is renowned for its swift and accurate valuations.

I have personally used KEH for four transactions, and I've always been satisfied with the service, with no issues reported. They boast an excellent reputation in the used camera market, making their valuations highly trustworthy.

2. Consider eBay for Competitive Pricing

While KEH offers professional valuations, eBay can serve as a valuable resource for more competitive pricing. It's important to consider the demand for your specific equipment on this platform. Prices on eBay can sometimes be more favorable, but this requires more effort in terms of photos, writing descriptions, and setting competitive pricing.

Example of Cross-Platform Price Comparison

Let's take an example where I had a Canon lens mount converter that allowed me to use Canon lenses on a Sony A7. The original purchase price was $295. KEH offered only $6 for it, indicating poor demand for this item. I then checked the same lens mount converter on eBay and priced it competitively. After thorough analysis, I managed to sell it on eBay for $125.

3. The Benefits and Challenges of Selling on eBay

While eBay can be rewarding, it requires more time and effort. Selling on eBay involves several steps:

Taking Excellent Photos: High-quality photographs are crucial to enticing potential buyers. Make sure your equipment is well-lit and shows all its features. Writing a Good Blurb: Craft a detailed and enticing description for your equipment. Highlight the features and conditions that make your camera stand out. Researching Competitive Prices: Regularly check prices on eBay to set a competitive listing price. Setting a Competitive Price: Avoid using auctions, as they can be less effective and more time-consuming. Instead, set a fixed price that reflects the true market value of your equipment. Not Accepting Returns: Setting clear policies regarding returns can help streamline your selling process and build trust with potential buyers.

Conclusion

Determining the best resale price for your Canon EOS 70D involves utilizing professional valuations from reputable platforms like KEH and researching competitive prices on eBay. KEH provides a hassle-free and professional service, while eBay allows for more competitive pricing but requires more effort.

To ensure you get the best possible price, it's a good idea to consider both options. By leveraging these platforms, you can maximize the value of your equipment and sell it quickly and efficiently.