October 22, 2014, 08:46:15 PM

Author Topic: Canon 5D Mark III - Price Drop Details  (Read 81646 times)

bdunbar79

  • Canon EF 300mm f/2.8L IS II
  • *******
  • Posts: 2600
    • View Profile
Re: Canon 5D Mark III - Price Drop Details
« Reply #105 on: July 01, 2012, 08:12:30 PM »
If it COST Canon solely, only to MAKE the camera, at $2400, you would not be purchasing it for $3499 retail.
2 x 1DX
Big Ten, GLIAC, NCAC

canon rumors FORUM

Re: Canon 5D Mark III - Price Drop Details
« Reply #105 on: July 01, 2012, 08:12:30 PM »

Chewngum

  • PowerShot G1 X II
  • ***
  • Posts: 61
  • F1.6 is the best.
    • View Profile
    • Peter Kingsley Photography
Re: Canon 5D Mark III - Price Drop Details
« Reply #106 on: July 01, 2012, 08:30:33 PM »
Sorry but there is no way it costs Canon $2400 to build a 5d3. The camera is only a couple of months old and can already be bought for AU$3015 from a HK importer. They listed it at ~$3500 to begin with so they have dropped their prices $500 in a couple of months only. I think the Aussie retail price will hover around $3500 in about 9 months time but Canon want to hold the price as high as they can to add a little perceived value to the camera.
http://www.dwidigitalcameras.com.au/store/product.asp?idProduct=4160 and that includes postage, an aussie agent for issues and 1 year warranty. So no, the 5d3 does not cost $2400 to build and will likely be available for about $2800 or less from HK importers within the next year.


Cameras: 5d2, 5d3
Lenses: 17-40L 24-105L 50L 100L s35A s85 70-200L IS II + lots of flashes. About 100 previous bodies/lenses

julescar

  • Power Shot G7X
  • **
  • Posts: 14
    • View Profile
Re: Canon 5D Mark III - Price Drop Details
« Reply #107 on: July 01, 2012, 09:08:26 PM »
I purchased one about 2 months ago for 3495 from Teds... when they had a 10% discount. The best price atm is 3,688 for australian stock. Buying grey market is a risk if you get hit for duty (anything over 1000), thats if they check. Kogan are selling it for 3,389.00, which is also grey market but the duty is taken care of.

Chewngum

  • PowerShot G1 X II
  • ***
  • Posts: 61
  • F1.6 is the best.
    • View Profile
    • Peter Kingsley Photography
Re: Canon 5D Mark III - Price Drop Details
« Reply #108 on: July 01, 2012, 09:55:33 PM »
I purchased one about 2 months ago for 3495 from Teds... when they had a 10% discount. The best price atm is 3,688 for australian stock. Buying grey market is a risk if you get hit for duty (anything over 1000), thats if they check. Kogan are selling it for 3,389.00, which is also grey market but the duty is taken care of.

Actually http://www.leedervillecameras.com.au/digital-slr-cameras/canon-dslrs/canon-eos-5d-mkiii has had it at $3599 since launch basically and they are aussie stock. $3495 from Teds is a pretty good find. At the moment Myer has 15% cameras from a retail of $3999 bringing it down to $3400. But ~$3500 from Teds, I'd be happy.
Cameras: 5d2, 5d3
Lenses: 17-40L 24-105L 50L 100L s35A s85 70-200L IS II + lots of flashes. About 100 previous bodies/lenses

bolgo

  • SX60 HS
  • **
  • Posts: 2
    • View Profile
Re: Canon 5D Mark III - Price Drop Details
« Reply #109 on: July 01, 2012, 11:56:24 PM »
D800 is $300 more expensive at DWI than MkIII

DWI i have used a lot and very good

x-vision

  • Canon 7D MK II
  • *****
  • Posts: 478
    • View Profile
Re: Canon 5D Mark III - Price Drop Details
« Reply #110 on: July 02, 2012, 01:47:44 AM »
The actual cost for Canon to build this camera is $2400. 

This is very, very hard to believe.

By Christmas 2013, Canon will be selling the 5DIII for $2499.

Obviously, the 5DIII cannot sell for $2499 if its costs $2400 to build.
And yet, it will sell for that much. Mark my words.

photogaz

  • Rebel SL1
  • ***
  • Posts: 90
    • View Profile
    • Photogaz
Re: Canon 5D Mark III - Price Drop Details
« Reply #111 on: July 02, 2012, 03:02:27 AM »
The actual cost for Canon to build this camera is $2400. 

This is very, very hard to believe.

By Christmas 2013, Canon will be selling the 5DIII for $2499.

Obviously, the 5DIII cannot sell for $2499 if its costs $2400 to build.
And yet, it will sell for that much. Mark my words.

I personally think the $2400 value is the cost that they sell to retailers or distributors.  The actual cost to make the product will be far less.  This isn't a game console where they make money back on the games. They make a big chunk on the hardware itself.

If it is the cost to actually make the product, then it will include the R&D costs and the production line.  Something that no doubt will decrease rapidly as the camera sells.

I personally don't think they can go on long selling it at the price it is.  A $500 drop will come soon I think, especially with cheaper Nikon rival SLRs.

canon rumors FORUM

Re: Canon 5D Mark III - Price Drop Details
« Reply #111 on: July 02, 2012, 03:02:27 AM »

Northstar

  • 1D X
  • *******
  • Posts: 1484
    • View Profile
Re: Canon 5D Mark III - Price Drop Details
« Reply #112 on: July 02, 2012, 08:49:57 AM »
The actual cost for Canon to build this camera is $2400. 

This is very, very hard to believe.

By Christmas 2013, Canon will be selling the 5DIII for $2499.

Obviously, the 5DIII cannot sell for $2499 if its costs $2400 to build.
And yet, it will sell for that much. Mark my words.

I personally think the $2400 value is the cost that they sell to retailers or distributors.  The actual cost to make the product will be far less.  This isn't a game console where they make money back on the games. They make a big chunk on the hardware itself.

If it is the cost to actually make the product, then it will include the R&D costs and the production line.  Something that no doubt will decrease rapidly as the camera sells.

I personally don't think they can go on long selling it at the price it is.  A $500 drop will come soon I think, especially with cheaper Nikon rival SLRs.

Agree with all of this except I doubt the price gets much lower than $2999 anytime soon.

Also...There are 3 prices...retail, cost, and canon's cost.   I used to run a retail golf shop, the term "cost" always referred to the retailers cost.  Also, the manufacturers would often use this "cost" price as the price that their own employees could purchase the product...in this example, a canon employee would pay retailer's cost of  $2400...some companies add plus 10 or 20% for their employees.

I don't doubt the $2400 as the retailers cost, but Canon's actual cost is probably in the $1500 range... That's just a guess.

So, maybe they make it for 1500, sell it to retailer xyz for 2400, retailer xyz sells it to us for 3500?   ballpark est.

« Last Edit: July 02, 2012, 08:55:48 AM by Northstar »
Sport Shooter

1dX and 5d3... 24-70 2.8ii, 70-200 2.8ii, 1.4xiii and 2xiii, 85, 40mm, 300 2.8L IS....430ex

Marsu42

  • Canon EF 400mm f/2.8L IS II
  • *******
  • Posts: 4816
  • ML-66d / 100L / 70-300L / 17-40L / 600rts
    • View Profile
    • 6D positive spec list
Re: Canon 5D Mark III - Price Drop Details
« Reply #113 on: July 02, 2012, 09:09:11 AM »
Agree with all of this except I doubt the price gets much lower than $2999 anytime soon.
... vote here: http://www.canonrumors.com/forum/index.php?topic=7749.0

So, maybe they make it for 1500, sell it to retailer xyz for 2400, retailer xyz sells it to us for 3500?   ballpark est.
Sounds like it's time to become a Canon retailer, given the profit margin on other consumer tech :-o


drmikeinpdx

  • Canon 70D
  • ****
  • Posts: 322
  • Celebrating 20 years of naughty photography!
    • View Profile
    • Beyond Boudoir Photo
Mark III price dropping
« Reply #115 on: July 18, 2012, 12:28:47 PM »
I'm seeing a definite downward trend.  Multiple offerings below 3100 USD on Ebay.  Apparently these are from small but well rated camera shops.  The big online retailers are dropping a bit too.

http://www.ebay.com/ctg/Canon-EOS-5D-Mark-III-223-MP-Digital-SLR-Camera-Black-Body-Only-Latest-Model-/113297147?_refkw=canon+5d+mark+iii&_pcatid=782&_pcategid=31388&_dmpt=Digital_Cameras
Current bodies:  5D3, 7D, 550D, S100
Favorite lenses: 135 f/2.0 L, 85 f/1.8 200 f/2.8 L, 50 f1.4 Sigma, 40mm pancake, 24-105 L.
blog:   http://www.BeyondBoudoirPhoto.com

TTMartin

  • Rebel SL1
  • ***
  • Posts: 94
    • View Profile
Re: Mark III price dropping
« Reply #116 on: July 18, 2012, 12:57:27 PM »
Most like that on Amazon state they were camera and lens kits that were split.
Tom

RLPhoto

  • Canon EF 300mm f/2.8L IS II
  • *******
  • Posts: 3507
  • Gear doesn't matter, Just a Matter of Convenience.
    • View Profile
    • My Portfolio
Re: Mark III price dropping
« Reply #117 on: July 18, 2012, 01:27:09 PM »
I just ordered a MK3 body for 3,099 on evil bay. USA retail, non-grey market. 8)

canon rumors FORUM

Re: Mark III price dropping
« Reply #117 on: July 18, 2012, 01:27:09 PM »

jrista

  • Canon EF 400mm f/2.8L IS II
  • *******
  • Posts: 4467
  • EOL
    • View Profile
    • Nature Photography
Re: Mark III price dropping
« Reply #118 on: July 18, 2012, 01:48:21 PM »
I just ordered a MK3 body for 3,099 on evil bay. USA retail, non-grey market. 8)

Its really too bad your supporting evil bay by buying something they will get at least a 10% fee out of on the seller side, if not more when you factor in the PayPal fees as well. :\ (I really despise ebay these days...moneygrubbing greedmonsters...meh.)

RLPhoto

  • Canon EF 300mm f/2.8L IS II
  • *******
  • Posts: 3507
  • Gear doesn't matter, Just a Matter of Convenience.
    • View Profile
    • My Portfolio
Re: Mark III price dropping
« Reply #119 on: July 18, 2012, 01:52:23 PM »
I just ordered a MK3 body for 3,099 on evil bay. USA retail, non-grey market. 8)

Its really too bad your supporting evil bay by buying something they will get at least a 10% fee out of on the seller side, if not more when you factor in the PayPal fees as well. :\ (I really despise ebay these days...moneygrubbing greedmonsters...meh.)

Oh well, Too bad canon didn't turn out a product that I feel is worth the extra 500$ Retail. ::)

canon rumors FORUM

Re: Mark III price dropping
« Reply #119 on: July 18, 2012, 01:52:23 PM »