Canon 5D Mark III - Price Drop Details

[knifez]

Re: Mark III price dropping

Word of warning..

http://www.productreview.com.au/p/e-global-digital-cameras.html

When it looks too good to be true, it probably is.

 

[janao]

Re: Mark III price dropping

Currently in Norway the price of the 5D mk3 is 27890NOK (4550 USD). The price is the same at the two biggest online photo retailers.

One of them had an offer today with 5d mk3 for USD 4550 and get a Flash 580ex II for free. Are they having problems selling all the cameras?

Both shops have had abundant number of cameras in stock for at least the last month.

 

[Dylan777]

Re: Mark III price dropping

check my (very long) post in the middle of this to see how price and relative sales have been moving:
http://www.canonrumors.com/forum/index.php?topic=6539.45

the price briefly fell to $3199 on adorama (15-jul), and right now the kit is out of stock but listed at $4049 directly from amazon

and yes, when it's $3000 directly from amazon or bh, it will be a mildly reasonable price, and I may pull the trigger on the 5D3 and stop complaining
at $3450, I'm still leaning towards the 5D2
I have to buy the camera, whichever it is, before august 6th

Norman....I'm a numbers guy, and when I'm looking at buying a camera, car, bike...etc, I think it's very important to try and determine up front how long you'll own it, and what it might be worth at the future point in time that you might sell it.

In this case the decision is $3400 or $2000, if you were to sell each 5 years from now, roughly how much would you get?
My guesswith normal use and care)
5d3 in 5 years is worth $2300
5d2 in 5 years is worth $900

So, my estimate for the 5d3 total cost of ownership in this case is $1100, and my 5d2 estimated total cost of ownership is also $1100

Three other things to consider - the time value of money...not really a consideration because interest rates are at historical lows. Second consideration, is one product superior to the other? I think that answer is obvious...the 5d3 is a better camera and therefore will provide you with some level of additional benefit as compared to a 5d2.( how much extra benefit depends on how you use it) Third, do you have the extra $1400 available or would you have to borrow it? Only you can answer this question.

Hope this helps your decision making!

If this number is true, then upgrade to newer body every 4-5 yrs is not bad at all ;D

Cost $1200 to own a body in 5yrs = $20 per month or 66cents per day. I think it's cheaper than rental

 

[marekjoz]

Re: Mark III price dropping

Cost $1200 to own a body in 5yrs = $20 per month or 66cents per day. I think it's cheaper than rental

If owning wouldn't be cheaper than renting, then how rentals could make money on lending?

 

[cliffwang]

Re: Mark III price dropping

I probably would have just purchased the 5D3 at release if it was 2999$. No problemo.

Same here. 3.5K is not a problem. However, that's just not a right price for me. I will keep using my 5D2 till the price of 5D3 drops to 3K.

 

[marekjoz]

Re: Mark III price dropping

I probably would have just purchased the 5D3 at release if it was 2999$. No problemo.

Same here. 3.5K is not a problem. However, that's just not a right price for me. I will keep using my 5D2 till the price of 5D3 drops to 3K.

What if it rises up after new entry level FF?

 

[cliffwang]

Re: Mark III price dropping

I probably would have just purchased the 5D3 at release if it was 2999$. No problemo.

Same here. 3.5K is not a problem. However, that's just not a right price for me. I will keep using my 5D2 till the price of 5D3 drops to 3K.

What if it rises up after new entry level FF?

If the price of the new entry level FF is below 2K, the price of 5D3 should drop to about 3K. Actually I am very interested in the new entry level FF camera. However, not much information about it yet.

 

[marekjoz]

Re: Mark III price dropping

What if it rises up after new entry level FF?

If the price of the new entry level FF is below 2K, the price of 5D3 should drop to about 3K. Actually I am very interested in the new entry level FF camera. However, not much information about it yet.

And if the price of entry level FF would be around 2500$?

 

[RLPhoto]

Re: Mark III price dropping

What if it rises up after new entry level FF?

If the price of the new entry level FF is below 2K, the price of 5D3 should drop to about 3K. Actually I am very interested in the new entry level FF camera. However, not much information about it yet.

And if the price of entry level FF would be around 2500$?

Lots of people would wait until its 2000$ 8)

 

[Dylan777]

Re: Mark III price dropping

Cost $1200 to own a body in 5yrs = $20 per month or 66cents per day. I think it's cheaper than rental

If owning wouldn't be cheaper than renting, than how rentals could make money on lending?

I forgot about that ;D ;D ;D

 

[Dylan777]

Re: Mark III price dropping

I probably would have just purchased the 5D3 at release if it was 2999$. No problemo.

Same here. 3.5K is not a problem. However, that's just not a right price for me. I will keep using my 5D2 till the price of 5D3 drops to 3K.

Might be awhile

 

[marekjoz]

Re: Mark III price dropping

I probably would have just purchased the 5D3 at release if it was 2999$. No problemo.

Same here. 3.5K is not a problem. However, that's just not a right price for me. I will keep using my 5D2 till the price of 5D3 drops to 3K.

Might be awhile

In 2015, 3 months after announcement of 5D Mark 4. But regarding inflation, 5d4 will be priced at 4500$. We'll be lucky if the price of 5d3 won't go up.

 

[marekjoz]

Re: Mark III price dropping

What if it rises up after new entry level FF?

If the price of the new entry level FF is below 2K, the price of 5D3 should drop to about 3K. Actually I am very interested in the new entry level FF camera. However, not much information about it yet.

And if the price of entry level FF would be around 2500$?

Lots of people would wait until its 2000$ 8)

Now I see this relationship

BTW - Currently on main site of CR in section with 10 forum subjects there are 5 regarding 1DX and 2 regarding 5d3. I really need to get one because in a while I won't have neither what to read nor write about Who cares about 5d2 anymore

 

[cliffwang]

Re: Mark III price dropping

If the price of the new entry level FF is below 2K, the price of 5D3 should drop to about 3K. Actually I am very interested in the new entry level FF camera. However, not much information about it yet.

And if the price of entry level FF would be around 2500$?

Keep using my 5D2.

 

[erwinrm]

Re: Mark III price dropping

BTW - Currently on main site of CR in section with 10 forum subjects there are 5 regarding 1DX and 2 regarding 5d3. I really need to get one because in a while I won't have neither what to read nor write about Who cares about 5d2 anymore

Well, I'd be more than happy to take that 5d2 off your hands

My 7D serves me well, but if a refurb 5d2 drops down to $1500, I just might have to scrounge up some cash for that.

 

[marekjoz]

Re: Mark III price dropping

BTW - Currently on main site of CR in section with 10 forum subjects there are 5 regarding 1DX and 2 regarding 5d3. I really need to get one because in a while I won't have neither what to read nor write about Who cares about 5d2 anymore

Well, I'd be more than happy to take that 5d2 off your hands

My 7D serves me well, but if a refurb 5d2 drops down to $1500, I just might have to scrounge up some cash for that.

I can trade 7d + 5d2 for one 5d3

 

[KyleSTL]

Re: Mark III price dropping

... As to ebay charging over 10 percent, I just sold off my Nikon D800 and 24-70mm f/2.8 G, and the ebay fee was 2.8%.

May I ask how you have eBay fees that low? Are you a power seller? Ever since I sold my first item years ago my fee has always been 9% of sale price and shipping price (and another 2.9% to Paypal for the transaction fee).

 

[Axilrod]

Re: Mark III price dropping

... As to ebay charging over 10 percent, I just sold off my Nikon D800 and 24-70mm f/2.8 G, and the ebay fee was 2.8%.

May I ask how you have eBay fees that low? Are you a power seller? Ever since I sold my first item years ago my fee has always been 9% of sale price and shipping price (and another 2.9% to Paypal for the transaction fee).

I think the higher priced items take a lower %, either that or they charge a certain % on the first $1k, and then the % drops every $1k after that, I can't remember. But in combination with the Paypal fees it really adds up.

 

[KyleSTL]

Re: Mark III price dropping

... As to ebay charging over 10 percent, I just sold off my Nikon D800 and 24-70mm f/2.8 G, and the ebay fee was 2.8%.

May I ask how you have eBay fees that low? Are you a power seller? Ever since I sold my first item years ago my fee has always been 9% of sale price and shipping price (and another 2.9% to Paypal for the transaction fee).

I think the higher priced items take a lower %, either that or they charge a certain % on the first $1k, and then the % drops every $1k after that, I can't remember. But in combination with the Paypal fees it really adds up.

He must have done a fixed-price listing which is a tiered system, and drops from 7% (up to $50) to 2% (over $1000). I've been an eBay seller all these years and never bothered to thoroughly read through the fee structure. This might change how I list things in the future.

 

[1255]

Re: Mark III price dropping

definitely check if it's from an authorized dealer regarding the warranty. a lot of ebay sellers will state that the product comes with a USA warranty, but they won't state that that warranty is actually provided by their own company and not by canon, usually making it completely useless. i do sell on and have bought off of ebay, and there are definitely people and companies selling on ebay that i've come to trust, but it's best to be sure that whoever you're buying from is an authorized dealer and it's always nice to see a photo of that red USA warranty card too.