Technology is advancing by leaps and bounds in the video market.

Camcorders and VCRs with new features like fuzzy logic, digital stabilization and zoom, and time-base correction are being announced everyday.This is good news for consumers shopping for new video equipment, and even better news for those in the market for used VCR gear. A lot of great video equipment is being offered at fire-sale prices.

According to Video magazine, the second-hand market, spurred by owners trading in older gear for equipment with the latest bells and whistles, is heating up. And consumers willing to accept used equipment with less than leading edge frills are getting some terrific bargains.

Prices can range from $50 for a garage-sale VCR junker to $1,000 and more for a barely used camcorder with near state-of-the-art technology.