Canon EOS R5 pricing in Europe may have leaked [CR2]

[Hector1970]

I hope the R5 is 4500 Euros. That will stop me showing any interest in it. I hope its not around 3500 Euros then I might be tempted.
So for once I want Canon to overprice it. If they can have it for about 2500 Euros in two year time I'll be happy.
I'll have worn out my 5DSR and 5DIV by then.

 

[Michael Clark]

In the U.S., sales tax varies from state to state and, in some states, from county to county.

It can even vary from one municipality to the next within the same county.

 

[Michael Clark]

Sorry but, €4500 = $5065 according to XE Currency converter. Pretty pricey.

Except the European price already includes about 20% "sales" tax (They call it VAT).

 

[dcm]

It can even vary from one municipality to the next within the same county.

Or within a municipality due to Special Improvement Districts which tack on an additional sales tax. I pay more tax at the new Target in town than the old Target in the same town/county/state. This is how the city recoups the incentives they give developers to build in some cases.

 

[Michael Clark]

Far more than that. Many states sales tax percentage varies county to county

On the other hand, many states have a single rate for online sellers. How what is collected is then divvied up between the municipalities and counties within that state can be a hot political topic.

 

[Michael Clark]

"Your post was about "precision mechanics" of some camera brands as opposed to Canon R5's."
No, you should read what is written - not what you instead would like to read..
Canon R5 is insanely overpriced once you set up a minimum of professional set. 2 bodies, 2 flashes and so on..
This very starting professional set has the same cost of excellent - very long lasting cameras as Leicas, Rolleis, Hasselblads that needed a highly skilled mounting capabilities. Canon R5 is built in much different way - the high price paid is mostly for the software. Within a 2 year-time Canon R 5 will need a mark 2 update and your investment will be thrown out of windows. Canon R5 real price as a good tool for photographers and not for uppish - limited income week end amateurs should be around 2500 tax included. When Canon was producing EOS 1 V was also producing EOS 3 and EOS A2e, the 1st cost 65%, the 2nd 45% of EOS 1V and they were excellent cameras, fast AF and long lasting and precise shutter..

It also cost more in film and developing everytime you pressed the shutter button for all of those film cameras. Add the film/developing/printing cost to the film camera in the volume used by a full time pro over two years and you might be surprised at which is cheaper to operate for two years: An EOS 3 (in 2020 dollars/euros/yen/etc.) or an EOS R5! Not to mention that Canon's upper tier bodies are only replaced on a four-year cycle, not two.

 

[Michael Clark]

Unless I am uninformed, tax is collected by every major online retailer now regardless if they have a physical store within your state. Exception may be those states without a state sales tax like Oregon.

At last count 39 states had passed laws requiring out of state retailers to charge sales tax for items delivered to their states. That leaves the five states with no sales tax and another six states that haven't yet passed such legislation (but probably will in the near future). This has only become widespread since a relatively recent U.S. Supreme Court decision upheld that states can require out of state retailers to pay sales tax on items shipped to their states.

 

[Fischer]

We have been in Photography and Filming since early '30ies.. During those years the very refined material was German, camera bodies and lenses, Rollei, Leica, Linhof, Zeiss and the kind..
Let's do some considerations about pricing..
For a young Photographer willing to start his career or a Professional who wants update his camera set will be needed 2 bodies, 2 flashes, 2 Battery Packs and I would say 3 or 4 lenses NOT including the very costly superzoom f.2,8 or f.4. Therefore we have (assuming USD almost same of EURO)
2 bodies at 4.500 each = 9.000
2 flashes at 500 each = 1.000
2 Battery Packs 300 each = 600
3 L Lenses at average 2.000 each = 6.000
Total around 17.000

Hope you do not give financial advice

Get one R on sale and 3 to 4 great Sigma/Tamron/Samyang lenses plus led light instead of flash lights and you are into business for 6.000 at the most.

Apart from that photography has very little future. But its a great hobby.

 

[jeffa4444]

Then prioritize basic needs over a discretionary purchase. Canon aren’t in the business of social welfare programs. Don’t like the price, buy something else. Simple.

Its a supply & demand market. Thats why prices are higher when gear comes out and then drops usually a year in. Get a price wrong though and it can seriously affect sales and ROI that's true whether under or over priced. With falling demand unit prices go up but that in turn puts potential buyers off. If the R5 comes out close to £ 4,500 in the UK then I expect sales of the R6 will be substantially higher irrespective of the rumoured 20MP sensor. That maybe Canon plan all along. The hindering point currently for Canon is the low number of more affordable lenses not everyone wants or can afford to pay between £ 2,600 and over £ 3K for a single lens. The mid-market needs the f4 holy trinity. I never really understood why Canon opted to bring out both the RF28-70mm f2L and the RF24-70mm f2.8L both of which are eye watery expensive. Yes you could argue they have the RF24-105mm f4L but the EF24-70mm f4L is a compact lens and you would assume a RF version would be equally so. Ditto the EF16-35mm f4L IS USM is a truly outstanding lens at a more affordable price whilst still not cheap.

 

[koenkooi]

Its a supply & demand market. Thats why prices are higher when gear comes out and then drops usually a year in. Get a price wrong though and it can seriously affect sales and ROI that's true whether under or over priced. With falling demand unit prices go up but that in turn puts potential buyers off. If the R5 comes out close to £ 4,500 in the UK then I expect sales of the R6 will be substantially higher irrespective of the rumoured 20MP sensor. That maybe Canon plan all along. The hindering point currently for Canon is the low number of more affordable lenses not everyone wants or can afford to pay between £ 2,600 and over £ 3K for a single lens. The mid-market needs the f4 holy trinity. I never really understood why Canon opted to bring out both the RF28-70mm f2L and the RF24-70mm f2.8L both of which are eye watery expensive. Yes you could argue they have the RF24-105mm f4L but the EF24-70mm f4L is a compact lens and you would assume a RF version would be equally so. Ditto the EF16-35mm f4L IS USM is a truly outstanding lens at a more affordable price whilst still not cheap.

My guess is that they wanted the wow-factor of the high end and then fill in the low end a bit to gauge the market before committing to the 'budget' L line.
I'm really looking forward to seeing what Canon has done with the RF 70-200mm f/4L in last weeks rumour. I think that will be used to adjust priorities for the lenses still in the pipeline. If the f/4L sells like hot cakes I expect the 15-35-ish f/4L to get moved forward.

 

[jeffa4444]

If the R5 ships at £ 4500 in the UK deducting 20% VAT makes it £ 3600. At current exchange rate that would make it minus tax $ 4464. If the price in the US is below $ 4K then that's a 11.5% premium over the US.
Exactly what many tech companies do in the UK.

 

[Michael Clark]

If the R5 ships at £ 4500 in the UK deducting 20% VAT makes it £ 3600. At current exchange rate that would make it minus tax $ 4464. If the price in the US is below $ 4K then that's a 11.5% premium over the US.
Exactly what many tech companies do in the UK.

The current exchange rate between the USD and £ means nothing. It's the expectation of what the exchange rates between the USD and yen, and £ and yen , respectively, will do over the next 3-4 years that will determine that component of the total price.

Another thing Europeans tend to forget is that you get better warranty coverage, by virtue of tougher laws governing retail products, than we do in the U.S. The increased cost to Canon Europe for that has to be paid for as well.

 

[tpatana]

The current exchange rate between the USD and £ means nothing. It's the expectation of what the exchange rates between the USD and yen, and £ and yen , respectively, will do over the next 3-4 years that will determine that component of the total price.

Another thing Europeans tend to forget is that you get better warranty coverage, by virtue of tougher laws governing retail products, than we do in the U.S. The increased cost to Canon Europe for that has to be paid for as well.

Also shipping to Usa is cheaper since because of the earth rotation they get tailwind coming to Usa, whereas ship going to Europe have to navigate against the current.

 

[XL+]

Still no reliable Information about the pricing, but I was told to expect it above 4699 in Austria.
That would be ~3915€ without taxes here.

 

[Cryhavoc]

seems like it could be cheaper to grab an inexpensive flight to the US, pandemic aside, and purchase the camera hardware here. Or alternatively, in a nearby country that does not have the large price increases over what the camera costs elsewhere.

 

[Michael Clark]

seems like it could be cheaper to grab an inexpensive flight to the US, pandemic aside, and purchase the camera hardware here. Or alternatively, in a nearby country that does not have the large price increases over what the camera costs elsewhere.

You'd give up the enhanced higher grade warranty required by European laws, though. You might also have to fly back to where you bought it to have it serviced if needed.

 

[LesC]

https://www.canonwatch.com/french-retailer-lists-canon-eos-r5-price-at-4500-euros/