Seems to be about 6-12+ months depending on sales/popularity. BUT-the intial prices on the cameras when they're 1st listed don't seem to be any better, & sometimes not as good, as the sale prices at various vendors. And Canon also doesn't seem to put their newly listed refurb dslr cameras on sale (with rebels usually being the exception) with the rest of their refurb cameras. Fyi, it seems to generally take much longer for a camera to be listed as part of their buy back program (Canon Loyalty program).