09-04-2014 08:42 PM
lacieleigh, You would be well advised that the 7D is soon to be replaced by a new model which will be introduced in the next week or two. I would suspect that any used 7D will be worth less once the new model, widely called the 7D Mark II, is introduced.
Strange things happen when Canon makes replacement bodies available. When the 5D III came out, a large rush of people wanted to sell their 5D II bodies to upgrade. You'd think that would create a glut and drop teh price of a used 5D II.
What I noticed is that a lot of people more or less expected the 5D II's to quickly become available (and they did) but that actually generated some demand for the 5D II. Prices on used 5D II's were probably hovering around the $1600-1700 price range (about 2/3rds of the cost that it used to sell for new).
So my "guess" is that $650 is still below what the typical used 7D will sell for after the 7D II is announced (which is likely to happen shortly. Photokina starts on Sept 16th and rumors are that it will be announced *just* before Photokina starts.)
09-04-2014 10:01 PM
TC..., thanks for the thoughtful reply. You are right that the 5DII has remained popular. I bought one when they where closed out of Canon's Store, a refurbished camera. And I agree that the 7D hold the same potential.
Like used cars, used camera are valued based upon their condition and "mileage". I have no idea what that is on the 7D in question, vis a vis this thread.