Any way 5d3 goes UP when 5d4 announced?

[ScottyP]

Looking at the great prices on 5d3 right now ($1950.00) and tempted but not knowing what the 5d4 specs will be I hate to pull the trigger.

I have seen claims that old lenses occasionally go up when a Mk 2 comes out, though I have not actually seen it happen myself. Any chance of that with a body?

Do you think these grey market deals will continue after 5d3?

Do you think they will continue selling 5d3 for a while alongside 5d4 (and 5ds and 5dr) or will they discontinue it almost immediately?

 

[DJL329]

Lenses go up, bodies go down.

 

[tron]

It depends on 5DIV's features but yes I agree that 5DIII will go down. Many will want to upgrade to the new camera eventually.

 

[jdramirez]

I think there will be enough people selling their mkiii to upgrade, so the price will go down.

Even if the mkiv is $5000, and the mkiii is the best price Canon body on the market, it will merely stay where it is now. Go... buy... enjoy.

 

[sunnyVan]

I think the mk3 will continue to get cheaper up to a point. I think it's going to bottom out at around 18xx range. Mk4 will be great I'm sure. But it's also going to cost upward of 3400. I just don't believe the mk4 can be twice as good as the mk3. That's why i pulled the trigger last night. If the mk4 turns out to be a solid upgrade I'll again wait for the price to come down to at least 2500 before i'd even consider.

 

[K]

No way it goes up.

Gray market already has it under $2K.

It sounds plausible, but it is not. The idea that a replacement ends up not meeting the needs of the previous camera, and a void is left which hasn't been satisfied - thus demand exists for the obsolete model. Not happening with the bodies, because even with bodies, while not always as ideal as their predecessor, do advance in technology enough to make up for it.

Good example is the famous Nikon D700. People are still missing that camera, but they have moved on. In reality, what does it do that current camera bodies can't? Nothing.

Lenses don't get updated for at least 5-7 years. Many aren't updated for over a decade or more. Lenses don't really go up in price, instead - inflation causes existing prices to rise, thus helping to pad your resale value a bit.

The only way a lens goes up in price is if it was a specialty lens, rare to begin with, expensive to begin with that was discontinued due to being too niche to warrant mass manufacture. Yet, there are hard core enthusiast and pros out there that want it because only that lens did what it did (there's no replacement for its capability). Good example would be some of Nikon's ultra wide lenses. These become collector's items. Or the Canon 50mm F 1.0

 

[DRR]

There's a possibility it goes up, but I doubt it'll happen. The 5D IV would have to be significantly crippled, or severely overpriced, for that to happen.

However I also don't expect 5D3 prices to drop immediately either. They'll probably make the rebate price the permanent price for the 5D3 (retail around $2700) and then slot the 5D IV around $3400. Then as Canon does in this bracket, let the early adopters generate the initial income at the higher price, and then months later drop the price for both. I wouldn't expect the 5D III to go down in price too much unless Canon has incredibly poor channel management. Or the 5D IV is SO good that no one is buying 5D IIIs anymore.