Digital Cameras - asset or cost?

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Digital Cameras - asset or cost?

Postby Glen on Wed Nov 28, 2007 1:01 pm

Do most users consider their camera/s an asset or a tool to enjoy photography? Just wondering after reading many different views on the subject.
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Postby sirhc55 on Wed Nov 28, 2007 1:08 pm

Both - plus a third, a money pit :lol:
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Postby jdear on Wed Nov 28, 2007 1:17 pm

interesting question!

When I was shooting as a hobby, my camera was a tool to enjoy and learn, now that Im running a photography business, it has become more of an asset. - (i.e I no longer tuck my camera into bed with me)

I try and shoot as much for myself as I can - which means trying out creative ideas when I have the safe shots shot.

Sometimes my camera simply doesn't come out with me just because I need a break from it - something that would never have happened when I was shooting as a hobby.

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Postby Raskill on Wed Nov 28, 2007 3:58 pm

I think of my cameras as a tool. The get knocked around and I know they have a finite life as far as being upgraded after a couple of years.

I treat my lenses more as assets, taking more care of them, trying to extend their lifes.

Makes sense. To me anyway :wink:
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Postby Mr Darcy on Wed Nov 28, 2007 4:02 pm

If we are talking economics, definitely a cost. It won't appreciate in value. In fact it will depreciate alarmingly quickly. However, I don't think in money terms, so for me, it is definitely an asset.

After all had I been in Sydney, it would have been the entrée to meeting the gorgeous Bindii. Shame I was stuck in the nations capital instead. :wink:
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Postby michael_ on Wed Nov 28, 2007 4:28 pm

Raskill wrote:I think of my cameras as a tool. The get knocked around and I know they have a finite life as far as being upgraded after a couple of years.

I treat my lenses more as assets, taking more care of them, trying to extend their lifes.

Makes sense. To me anyway :wink:


what he said.

big lenses are also chick magnets, well have been for me :)
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Postby matt-chops on Thu Nov 29, 2007 1:51 am

I can see how initially a camera for a hobbyist could be viewed as a cost, but for me personally, I use photography as a creative outlet, and a fairly healthy pastime. Its the hundreds of hours it has kept me eagerly occupied in pursuit of brilliant photos, time I would have otherwise spent (and before I purchased a camera, did frequently) going to a pub or sitting around getting pissed with mates. I think if anything, while I am yet to earn a cent from it, my camera is an asset. Its more than taking photos, its something to be passionate about, and I know thats what drives me. :D
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Postby MHD on Thu Nov 29, 2007 5:43 am

A cost...

I have made ~40% of the cost of my gear back... but expendature continues to outway income...

Moreso since I got a real job and didnt need to moonlight doing photojobs...
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Postby ozimax on Thu Nov 29, 2007 1:37 pm

Glen, after buying several Canon L lens this year, it is not only a cost but a disease. :)
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Postby stubbsy on Thu Nov 29, 2007 5:48 pm

Glen

That's like saying is having a regular sex partner an asset or a cost!

I'm saying no more or my D2x may get jealous :wink:
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Postby Glen on Thu Nov 29, 2007 6:13 pm

Stubbsy, great response! Raskill, I like your way of thinking. I tend to think the same way.

I view a lens as a slowly depreciating asset, whilst I view the DSLR camera as a cost, which in my mind I divide between the likely life I will use it for ie D70 cost $2100 divide by 3 years means $700 a year. After 3 yrs while I may still have it, it is unlikely to be in regular use. I value the camera as just above nothing at the end, so would keep it rather than get the modest return from selling it.

I asked the question as I note the perception by many of a higher retained value in certain cameras, which I personally found surprising. I say this after noticing there are 3 x D1 on Ebay US selling for A$338 when they were originally $16-18k here. If you are keen on a Pro Nikon 2.7mp body I also just noticed a D1 in Sydney where the bidding has already reached the giddy heights of $45!
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