August 30, 2014, 02:38:57 AM

Author Topic: Why is UK ripped off on new releases including 650D?  (Read 8559 times)

briansquibb

  • Guest
Re: Why is UK ripped off on new releases including 650D?
« Reply #15 on: June 12, 2012, 02:28:25 AM »
In the UK H-K is a popular grey source, but increasingly the US is becoming that way for us

canon rumors FORUM

Re: Why is UK ripped off on new releases including 650D?
« Reply #15 on: June 12, 2012, 02:28:25 AM »

Rodknee

  • PowerShot G1 X II
  • ***
  • Posts: 41
    • View Profile
Re: Why is UK ripped off on new releases including 650D?
« Reply #16 on: June 16, 2012, 05:23:58 PM »
Looking at the Pentax K-30 body the price in UK is £600 and in US it is $850, pretty much a straight exchange rate conversion. So the Canon price difference either side of the pond has bugger all to do with import taxes, VAT, exchange rates, higher cost of living, costs of running a business and all other similar reasons. It just leaves the explanation that Canon ARE ripping UK customers off on prices.


distant.star

  • 1D X
  • *******
  • Posts: 1458
    • View Profile
    • Tracy's Shooting Gallery
Re: Why is UK ripped off on new releases including 650D?
« Reply #17 on: June 16, 2012, 07:48:54 PM »

.

I think it's simply retribution for that old "British Empire" thing.

Once the U.S. Evil Empire fades away, they'll be sticking it to us too!
Walter: Were you listening to The Dude's story? Donny: I was bowling. Walter: So you have no frame of reference here, Donny. You're like a child who wanders into the middle of a movie and wants to know...

briansquibb

  • Guest
Re: Why is UK ripped off on new releases including 650D?
« Reply #18 on: June 16, 2012, 07:50:41 PM »

.

I think it's simply retribution for that old "British Empire" thing.

Once the U.S. Evil Empire fades away, they'll be sticking it to us too!

Its over 60 years since we had an Empire and it I remember correctly Japan was never in it. ;)

rpt

  • Canon EF 300mm f/2.8L IS II
  • *******
  • Posts: 2142
  • Could not wait for 7D2 so I got the 5D3
    • View Profile
Re: Why is UK ripped off on new releases including 650D?
« Reply #19 on: June 18, 2012, 10:25:45 AM »
My experience of the pricing of stuff at I would have bought in the UK when I was over on business is that the numerical value of the price there is equal to the numerical numerical value of the price in the US. They just sell in GBP!!! I never get that! Now I find prices in India are at times cheaper than in the US! My 5D3 was at least $100 cheaper and that included tax in India...

scotty512

  • PowerShot G1 X II
  • ***
  • Posts: 49
    • View Profile
Re: Why is UK ripped off on new releases including 650D?
« Reply #20 on: August 01, 2012, 10:12:48 AM »
isnt simply import duty and VAT we live in a highly taxed and expensive to live in country, which does have some benefits and sadly so downsides - this is one

in the same way that you purchase from USA or HK if customs realise what it is then you will pay excess duty and VAT - this is whether you order online or purchase whilst on holiday

for example, I was married in New Zealand and around a month later the photography posted the album we requested, you would have thought this would be a simple process - but no custom and excise required me to pay £80 in duty&tax to release my wedding album as they classed this as importing work
5D MkIII, 40D, 50 F1.4 100-400 L, 70-200 f2.8 L II, 24-105 f4 L, 2x converter, EF-S 10-22, EF-S 17-85

briansquibb

  • Guest
Re: Why is UK ripped off on new releases including 650D?
« Reply #21 on: August 01, 2012, 10:51:08 AM »
My experience of the pricing of stuff at I would have bought in the UK when I was over on business is that the numerical value of the price there is equal to the numerical numerical value of the price in the US. They just sell in GBP!!! I never get that! Now I find prices in India are at times cheaper than in the US! My 5D3 was at least $100 cheaper and that included tax in India...

5DIII is about £2700 - I guess that has changed then ....

canon rumors FORUM

Re: Why is UK ripped off on new releases including 650D?
« Reply #21 on: August 01, 2012, 10:51:08 AM »

rpt

  • Canon EF 300mm f/2.8L IS II
  • *******
  • Posts: 2142
  • Could not wait for 7D2 so I got the 5D3
    • View Profile
Re: Why is UK ripped off on new releases including 650D?
« Reply #22 on: August 01, 2012, 01:18:10 PM »
My experience of the pricing of stuff at I would have bought in the UK when I was over on business is that the numerical value of the price there is equal to the numerical numerical value of the price in the US. They just sell in GBP!!! I never get that! Now I find prices in India are at times cheaper than in the US! My 5D3 was at least $100 cheaper and that included tax in India...

5DIII is about £2700 - I guess that has changed then ....
Wow! Things are improving? Amazon.co.uk even lists a "used" 5D3 for £999!
Wonder what state that one is in...

Alumina

  • Guest
Re: Why is UK ripped off on new releases including 650D?
« Reply #23 on: August 08, 2012, 08:17:39 AM »
Quote
Why are the prices for Canons newest releases including the 650D well above what the exchange rate would dictate?
Because we (european suckers) are willing to pay these insane prices.

I don't.. well half :P I live in the Netherlands but I have an American Rebel T3i (instead of an European EOS 600D) got the kit with the 18-55mm and 55-250mm  and there was a 200euro price difference with the dutch retail sellers. (that's $250 now, back then $280 ) That's a ridiculous amount for the exact same products.

Then again not everyone has the opportunity to just go to america to buy a camera .. just wanting to tell you I'm not crazy enough to pay for differences like that. (bought a 50mm f/1.8 here in Holland, but only after checking the American price.. was almost the same)

But the bottom line is, I feel ripped off because of the price difference. I understand a small difference because of importing (although the USA imports them too ) but amounts that are coming close to 1/4th of the price? ehm no.  Just my 2 cents on the topic. :)

tapanit

  • PowerShot G1 X II
  • ***
  • Posts: 53
    • View Profile
Re: Why is UK ripped off on new releases including 650D?
« Reply #24 on: August 08, 2012, 10:18:36 AM »
I assume 'import taxes' are the same level for lenses as cameras when they are both coming from the same country
No - at least in Finland (and I'm pretty sure it's EU-wide) lenses have an import duty of 6.5% or so, whereas camera bodies have none (of course VAT applies for both, and it varies from country to country). That doesn't explain all of the difference, though.

tapanit

  • PowerShot G1 X II
  • ***
  • Posts: 53
    • View Profile
Re: Why is UK ripped off on new releases including 650D?
« Reply #25 on: August 08, 2012, 10:22:24 AM »
Then again not everyone has the opportunity to just go to america to buy a camera ..
I frequently buy cameras from USA via mail order, when it's significantly cheaper than buying locally (even after shipping costs and taxes). That's not always the case, though, sometimes there's no difference or local prices can even be cheaper.


tomscott

  • 6D
  • *****
  • Posts: 549
  • Graphic Designer & Photographer
    • View Profile
    • Tom Scott | Photography
Re: Why is UK ripped off on new releases including 650D?
« Reply #26 on: August 08, 2012, 10:25:40 AM »
Put it this way a 5D MKIII is £2799 body only in the UK.

That newest deal from adorama is $4299 which includes the grip worth £300 and the 24-105mm F4 IS worth £950

$4299 converted to £ is £2749!!!!!!!!

Thats over £1200 worth of extra stuff you get for the same price body only in the UK. Its just ridiculous.

Buying mine in NYC the saving will pay for a weeks trip its ludicrous.
5D MKIII, 16-35mm F2.8 II L, 24-70mm F2.8 L, 24-105mm F4 IS L, 100mm F2.8 IS L, 70-200mm F2.8 IS II L, 50mm F1.8, 2x Ex, 580EX
BU: 40D,17-55mm F2.8 IS
www.tomscottphotography.co.uk

Rodknee

  • PowerShot G1 X II
  • ***
  • Posts: 41
    • View Profile
Re: Why is UK ripped off on new releases including 650D?
« Reply #27 on: August 08, 2012, 11:00:59 AM »
If it were just taxes/import dties then surely that would be the same for Nikon and canon, however, comparing UK and USA prices for these two companies they are incongruous so there is some other pricing factor in there.

canon rumors FORUM

Re: Why is UK ripped off on new releases including 650D?
« Reply #27 on: August 08, 2012, 11:00:59 AM »

Hesbehindyou

  • Rebel SL1
  • ***
  • Posts: 96
    • View Profile
No story here or have I got my maths wrong?
« Reply #28 on: August 11, 2012, 05:23:14 PM »
I think it's exchange rates. Canon deals in Yen, not dollars, so it's yen to pounds and yen to dollars that we have to look at.

5D mark III
B&H Photo (US) $3,464
Jessops (UK) £2794 minus 20% VAT = £2235

Tax-free price converted to Yen as of 12th August 2012
B&H Photo (US) 271,048 Yen
Jessops (UK) 274,093 Yen

UK premium is 3045 Yen, or £24.

DB

  • Guest
Re: Why is UK ripped off on new releases including 650D?
« Reply #29 on: August 11, 2012, 06:44:45 PM »
Differential product pricing geographically has precious little to to with bi-lateral exchange rates - just look at the Economist Big Mac Index - all prices converted to US Dollars:

http://www.economist.com/blogs/graphicdetail/2012/01/daily-chart-3

These consumer prices are for an identical (homogeneous) product, sure local sales taxes account for some of the price differences, but not more than 15% to 20%. The rest is predatory pricing. All multinationals do it from GM, Ford, Toyota to Glaxo-Smithkline, Pfizer and so on.

You can charge a lot more for a Big Mac in the land of Cuckoo Clocks & Chocolate than you can in a country where couples have 11, 12 or 13 children to ensure a roof over their head and something to eat in their old age.

Here's an example of a huge rip-off: in 2005 I was in Fort Myers, FL and test drove a 2nd gen Toyota Prius with a buddy of mine who'd just bought a home in Cape Coral (so he needed a car). The car dealer wanted $16,000 for the Prius, but said to my friend that if he paid cash the same day; he could have it for $14,500 - for a new car. About 2 weeks later, back in Ireland, a family friend visited driving guess what? a brand new Toyota Prius, having paid €36,000 for it (and that was including the lower vehicle tax cos' it was a Hybrid). At the time that was about US$50,000. If you accept the exchange rate argument then it would have cost just €10,000!

How do you get a 300% price differential in a product that is sold all over the world? Because manufacturers will say, well how much does X cost or what is the price of Y, then they adjust their pricing policy accordingly. It is the way of the world unfortunately.

The only way to stop Canon or others doing this, is to stop buying in one country and travel to (or buy online) cheaper countries and purchase there.

canon rumors FORUM

Re: Why is UK ripped off on new releases including 650D?
« Reply #29 on: August 11, 2012, 06:44:45 PM »