Pricing for a used Z8 (as a buyer)

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I had a Z8 camera stolen recently and it took a while to get settled, so I ended up with an extra Z8 (I had to buy a camera during the period before it was settled). It was a brand new camera straight from Nikon - in the box and unopened.
During last December a colleague ordered a Z8 directly from Nikon and it was stolen while in transit by UPS. It took just over a month to get it settled by UPS and Nikon. I’ve wondered if stolen devices are ever recovered?
 
I had a Z8 camera stolen recently and it took a while to get settled, so I ended up with an extra Z8 (I had to buy a camera during the period before it was settled). It was a brand new camera straight from Nikon - in the box and unopened. I listed it for $3699 and ended up selling it for $3599 to someone I knew. There was no sales tax on the transaction - a savings of $350 compared to most dealers, and it was $200 below the current retail price.

I would prefer to avoid a gray market camera with no manufacturer support for warranty and service. It's not the end of the world, but there is some value in the warranty and more in the ability to get service. Typically third party warranties cover actual failures - not service or service advisories.

It would be a different story if you had multiple cameras and a lot of experience with repairs and service. In that case the savings - and risks - might be more acceptable. You might even consider a refurbished Z8 if you find a good deal because any refurbished camera is less than 8 months old and is relatively new - plus it comes from Nikon service.

Hi Eric, I'm curious about your mentioning that a refurbished camera from Nikon is less than 8 months old. Is that just for the z8?

In other threads there's a lot of difference in opinion on whether refurbished camera bodies are worth it. Perhaps mostly due to the shorter warranty. But I have had good luck with Nikon USA refurb lenses. I agree with you and don't think I'd hesitate if a good deal came up. The recall issues with the z8 have been identified and would be fixed during the refurb.
Thanks.
 
I agree that taking a chance on a grey market camera is not worth it.

I would at some point want to bring my Z9 in for a general cleaning and calibration check. Not being able to do that with Nikon would be a problem for me. I also remind people that the Z8 had a recall, if I had bought a gray market camera I would not be able to get the recall handled.

I bought used cameras in the past from commercial vendors. I would no longer do that. Either the forum here or the FM forum is a location where you can interact directly with the seller and obtain verifying information on whether the equipment was a genuine US version.

Recently I purchased a used Z 800mm PF lens from the marketplace on this forum. The seller was able to provide me with a copy of the original NPS purchase order.

When you buy a used piece of equipment from a commercial dealer you are going to be charged for sales tax. The days when you could buy camera gear over the internet and not be charged with sales tax are long gone.

When you buy from a private seller you can protect yourself by using Paypal by listing the transaction as purchase of goods or services. There is a fee for that but if the transaction went wrong you would have some recourse against the seller.

The private seller will not charge sales tax. Be aware however that it may not be the end of the issue. Paypal does not collect sales tax but it does report sales transactions to the government. It is possible that information might end up in the hands of your state and you could get a later sales or use tax assessment. Each state has its own laws and some states do not exempt private sales from tax. You can avoid the issue by doing a Paypal transfer that is not identified to a good or service but you have no protection if something goes wrong.
 
It's often reported that Nikon won't repair gray-market gear, not will some other manufacturers. I've only bought one camera in a private sale and have purchased a lot of used gear since -- all from a well known used camera dealer that offers a 14-day no questions return and a six month warranty. In a private sale you never know the camera's history: dropped, water inside, sand inside, or any of the dozens of other bad things that can happen. Frequently if you pay too little you'd best set aside some cash to deal with unforeseen problems.
Bro, do NOT buy grey-market Nikon products in the US. Beginning 4 years ago, Nikon has changed the repair policy, 3rd party repair shops can not get Nikon parts.

Oliver
I'd personally feel nervous to buy a grey market product, even if there is some kind of warranty offered. This is because not only does Nikon refuse to repair grey market items, but they also try to make sure that nobody else can get parts to repair these items. My understanding is that a person who has a grey market item can find themselves with literally no way to get it repaired if something goes wrong. I'm inclined to believe this because I've read a lot of reports of even people even with "legitimate" Nikon equipment who couldn't get it repaired since Nikon had stopped manufacturing the parts, and while it was obviously older equipment I wouldn't say it was THAT old.

I'm seeing a lot of interesting and incorrect stuff here about grey market.

Grey Market only matters for warranty. Nikon will still repair them if damaged. When you're buying used, 99% of the time your purchase is out of warranty anyways - so grey market is not functionally any different than a USA model.

Source: Just had my Z9 + Z 400 TC 2.8 repaired by Nikon, both were purchased on eBay from MAPCamera (Japanese camera store) which would make them grey market.

I have never bought a single piece of Nikon gear new, always used from eBay or FredMiranda. Most of my equipment is grey market from Japan or India. Nikon still lets me register them, and still repairs them without issue.

While owning grey market items themselves is no worry, it is important to verify where you are getting them from. Some of the grey market sellers are very shady and have poor customer service. 6th Avenue Electronics on eBay comes to mind as one with terrible reviews.

Heck you can even read Nikon's own web page about grey market and see what is true and isn't:


I'd also wager that for anyone buying mainly used gear, they are inevitably going to obtain grey market no matter how thorough they are. Buying used always presents risks. I dropped my Z 400 TC 2.8 from shoulder height onto cement. Externally, you couldn't tell it was anything other than mint condition. I took it the next day and shot thousands of images in the Sax Zim Bog without issue. However, internally - it required $630+ of repairs to fix.

Imagine how many bodies and lenses get knocked around in travel, dropped, fall off tables, etc. and never get checked out because externally everything looks fine. Then the owner throws them on a for sale forum, it swaps hands, and nobody is the wiser.

Buying used is always a risk. If you're not interested in risk taking, buying new from Nikon directly is the only option.
 
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I'm seeing a lot of interesting and incorrect stuff here about grey market.

Grey Market only matters for warranty. Nikon will still repair them if damaged. When you're buying used, 99% of the time your purchase is out of warranty anyways - so grey market is not functionally any different than a USA model.

Source: Just had my Z9 + Z 400 TC 2.8 repaired by Nikon, both were purchased on eBay from MAPCamera (Japanese camera store) which would make them grey market.

This is Nikon USA’s definition of “gray market”: Nikon products that are imported and sold by anyone other than Nikon Inc. USA are considered Gray Market products.

Products purchased from an authorized seller in another country are not considered gray market. I don’t know if Nikon USA will offer warranty service but Nikon USA will perform service paid by the customer. Years ago I bought a D50 and D90 while in Japan. I had them both serviced in 2020 by Nikon USA before I donated them to a local high school for their photography classes. I had the receipts for the purchase of these cameras. I included a copy with the cameras when I sent them for repair.

I also know from personal experience that Nikon products which meet Nikon USA’s gray market definition will not be serviced by Nikon USA at all.
 
This is Nikon USA’s definition of “gray market”: Nikon products that are imported and sold by anyone other than Nikon Inc. USA are considered Gray Market products.

Products purchased from an authorized seller in another country are not considered gray market. I don’t know if Nikon USA will offer warranty service but Nikon USA will perform service paid by the customer. Years ago I bought a D50 and D90 while in Japan. I had them both serviced in 2020 by Nikon USA before I donated them to a local high school for their photography classes. I had the receipts for the purchase of these cameras. I included a copy with the cameras when I sent them for repair.

I also know from personal experience that Nikon products which meet Nikon USA’s gray market definition will not be serviced by Nikon USA at all.
Correct, if it is purchased while in the other country and you have the receipt - it is not grey market.

However, none of my gear falls into the above category as it was all imported and purchased in the US. And the majority of people owning non USA models also do not meet the above criteria.

If you have proof of them not touching grey market items, post it - because I've searched and not found a single thing supporting that idea. Just heresay on the internet.

I called in and submitted my serial numbers and was told they were grey market so they did not qualify for warranty, but I was welcome to pay for repairs myself. So I did.
 
Correct, if it is purchased while in the other country and you have the receipt - it is not grey market.

However, none of my gear falls into the above category as it was all imported and purchased in the US. And the majority of people owning non USA models also do not meet the above criteria.

If you have proof of them not touching grey market items, post it - because I've searched and not found a single thing supporting that idea. Just heresay on the internet.

I called in and submitted my serial numbers and was told they were grey market so they did not qualify for warranty, but I was welcome to pay for repairs myself. So I did.
I didn’t keep the communication about Nikon's refusal to do the repair. However, it happened. I have also seen reports occasionally from others with similar experience.
 
This confusion is exactly why I asked the question. Will Nikon service gray market equipment or no. Does anyone have a definitive answer? Can we get clarification from Nikon?
 
During last December a colleague ordered a Z8 directly from Nikon and it was stolen while in transit by UPS. It took just over a month to get it settled by UPS and Nikon. I’ve wondered if stolen devices are ever recovered?
This doesn't surprise me. I've recently gotten packages shipped to me that had the containers breached in ways that seem highly unlikely to be other than intentional.
 
Hi Eric, I'm curious about your mentioning that a refurbished camera from Nikon is less than 8 months old. Is that just for the z8?

In other threads there's a lot of difference in opinion on whether refurbished camera bodies are worth it. Perhaps mostly due to the shorter warranty. But I have had good luck with Nikon USA refurb lenses. I agree with you and don't think I'd hesitate if a good deal came up. The recall issues with the z8 have been identified and would be fixed during the refurb.
Thanks.
The first Z8 cameras were released in May - about 8 months ago. So for a Z8, every refurbished camera is 8 months old or less - potentially much less. On the other hand, I had a Z7ii stolen and received a refurbished Z7ii to replace it. There were 7 shutter actuations and the body looked brand new - no sign or wear or use at all. But you could just as easily end up with a camera that is 2+ years old and has 100,000 shutter actuations. Note that shutter actuations is not a great indicator of age or use because several repairs can reset the shutter to zero.

I think a warranty is useful, but I would not weight it to high. You can readily buy third party warranties. And what you actually get with a new camera over a refurb is a warranty covering Day 91 to Day 365. Given that most problems show up in the first 30 days, and the camera has already been checked out, it's a modest benefit. Just be sure to give your new camera a good workout over the first 60 days or so.
 
During last December a colleague ordered a Z8 directly from Nikon and it was stolen while in transit by UPS. It took just over a month to get it settled by UPS and Nikon. I’ve wondered if stolen devices are ever recovered?
Likely much in-transit theft can be attributed in great part to what’s happening to train cargo in So. California:

 
During last December a colleague ordered a Z8 directly from Nikon and it was stolen while in transit by UPS. It took just over a month to get it settled by UPS and Nikon. I’ve wondered if stolen devices are ever recovered?
That's exactly what happened in my case. Only a Z8 and a Z7ii were both stolen at the same time. I was sitting at home waiting for the cameras and a part time delivery person using their car failed to deliver the camera to me. It took slightly over 30 days to resolve - UPS reimbursed Nikon and Nikon replaced both cameras.

Nikon USA maintains a database of stolen camera serial numbers, but they need a police report listing the model and serial number to enter it in their database.
 
This confusion is exactly why I asked the question. Will Nikon service gray market equipment or no. Does anyone have a definitive answer? Can we get clarification from Nikon?
Nikon USA Service has previously refused to service gray market cameras at all. That is their stated policy.

Third party vendors will service the gear if they can get parts. While Nikon maintains it does not sell parts to third party repair companies, it's not that clear cut. My understanding is they do provide some parts to third parties. The bigger issue is providing training and calibration equipment to those companies. Some third party service companies get parts directly from Japan and bypass Nikon USA. There are also parts available from China in some cases.
 
Nikon USA maintains a database of stolen camera serial numbers, but they need a police report listing the model and serial number to enter it in their database.
Which should keep the camera from ever being legitimately registered on Nikon's website, and possibly aid in the recovery of the item.

There is so much in the way of theft-in-distribtuion that it boggles the mind. My brother works for a consumer products company, and he often sees their products for sale online and at flea markets for less than they are wholesaled to retailers for. According to him, this is a very reliable indicator that the items for sale are stolen.
 
During last December a colleague ordered a Z8 directly from Nikon and it was stolen while in transit by UPS. It took just over a month to get it settled by UPS and Nikon. I’ve wondered if stolen devices are ever recovered?

A camera was stolen from my car (dummy had left it in the car overnight) but I had the serial number which I provided to the police. The thief had stolen things from a number of cars, including cash and a pistol and tried to sell my camera on Facebook. The police bought the camera from him and he was charged and convicted. The only reason he was convicted was that I had the serial number; it took a while but I eventually got the camera back.
 
My experience is if you go gray market Nikon will not repair it period and maybe a deeply discounted lens might be worth it but at least for me, not a delicate complex camera body like the z8. I’m willing to bet that I will at some point have to have it serviced and even if out of warranty I can still have that done. Even now you can get a new z8 for 3800 and if you wait a bit they will come down more in another sale.
 
Note: sorry if this is the wrong place for this kind of question, but I'm not sure where to post it and don't have any friends to ask. This is currently my main photography community.

I'm thinking about upgrading to a Z8 from my D500. It's a lot of money for me, so I'm not in a hurry. But I could see myself justifying it if I were able to secure a really good deal.

I found a private seller willing to sell a "like-new" Z8 for ~$3,300. <700 shutter count, all the original items, etc. It seems like a good deal compared to what I've seen on resale websites. Will I find any lower than that over the next six months?

I'm also curious how much prices tend to come down over the years. In other words, if a "like-new" Z8 is ~$3,500 today on a site like MPB, how many years will it take to drop to ~$2,500? I realize the answer to this is probably "it depends", so I'm mainly asking in general so I can manage expectations.

Thanks for any guidance.
With the Z8 Z9 full warranty is you most important consideration given the QC issues.

Buy from a dealer you can trust.

Why do you need a Z8, is a Z6III an option.

Usually prices drop 20 -25% over 2-3 years.

ie: The Z9 has dropped around 25% since launch.

What accelerates price drops is availability, this is if there is a new upgrade or better model launched and owners upgrading look for selling their current models quickly.

Only an opinion
 
Thanks for all the discussion. Lots to consider here.

I'm looking at this page from Nikon, and I'm not seeing it explicitly say that they won't repair a grey-market item. The closes statement is, "...not eligible for Nikon USA warranty repair service". I'm not sure if that means they won't repair it, or instead, they'll repair it, but not under warranty 🤔

To clarify, this thread was mainly about buying used, so I assumed that this meant buying without warranty (unless they're transferrable which I assumed they weren't).
 
Thanks for all the discussion. Lots to consider here.

I'm looking at this page from Nikon, and I'm not seeing it explicitly say that they won't repair a grey-market item. The closes statement is, "...not eligible for Nikon USA warranty repair service". I'm not sure if that means they won't repair it, or instead, they'll repair it, but not under warranty 🤔

To clarify, this thread was mainly about buying used, so I assumed that this meant buying without warranty (unless they're transferrable which I assumed they weren't).
the reason i mentioned Panamoz was that you could have new for the price of 2nd hand and have 3 year warranty with panamoz which is better than no warranty
 
the reason i mentioned Panamoz was that you could have new for the price of 2nd hand and have 3 year warranty with panamoz which is better than no warranty
I don’t know who Panamoz uses in the USA to fulfill its warranty service obligations. Without knowing that it seems risky.
 
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