That price of $4148 includes 20% VAT for sales to the UK and 3 yrs warranty. So, it's equivalent to $3480 before taxes, $500 less than the USA price.I looked at Panamoz at their price for an R5 body with EF adapter and it is $4148US, while buying direct from a US Canon dealer would be $3999US.
Neither price includes sales tax and I have no idea if Panamoz charges sales tax. In the US, sales tax can be avoided (but still paid) by purchasing through B&H and their PayBoo card.
it knows where you are enquiring from?Alan,
I had selected USD for my currency. Not sure why they would add VAT to a US order, but who knows.
Agreed. As a matter of course, I always wait until a product has been on the market for about 6 months, before ordering, by which time any initial firmware or hardware issues should have been resolved. Grey exporters have a fast turnover, so it’s fairly safe to say that after 6 months any major issues should have been sorted. Also, by then the price will have dropped from Canon’s traditionally high launch prices.As I wrote, I will be doing that from now on. I got my R5 August a year ago from a UK dealer. It usually takes a while for newly released high-demand lines to be available from grey market sellers, and those very importers were cashing in last year and selling at a premium over UK prices. Also, there are often teething problems with new lines, and the cameras have to be sent back to Canon for fixing, which the grey market sellers won't find easy because they rely on UK repair services for their warranties, not Canon. Several CR members had motherboards replaced by Canon. So, grey market sources are better for established lines.
Yes, America is a vastly greater market than the UK, so bulk purchasing brings prices right down. I dare say that Canon USA obtains their stock at a fraction of the cost that the UK distributors pay. You are very lucky in the US to have huge companies like B&H, Adorama etc who can bulk buy and reduce costs even further.I looked at Panamoz at their price for an R5 body with EF adapter and it is $4148US, while buying direct from a US Canon dealer would be $3999US.
Neither price includes sales tax and I have no idea if Panamoz charges sales tax. In the US, sales tax can be avoided (but still paid) by purchasing through B&H and their PayBoo card.
EOS R3 in china have no GPSDo we really need to go here on a camera discussion site? China shows that socialism and cheap prices aren't exclusive.
Well, Australia has free health care (but options for private insurance as well) so probably not exactly equivalent to the NHS - but we get reciprocal access.Should I mention that in the UK they have free healthcare in comparison to the US? I would gladly pay $3000 more for a camera than being bankrupted by major health issues. This price list is a joke.
I just checked www.price.com.hk, and there are noone advertising the R3 just yet.I got my R5, complete with EF adaptor, for £3280, back in January, from Panamoz in Hong Kong. They now sell it for £3140, and they only advertise what they have in stock.
A 5 year warranty is a pretty good deal, I don’t know anywhere else where you can get that.The R5 has dropped in price locally over the last 15 months by about AUD1k from AUD6600 to ~AUD5600 from multiple retailers now... about USD3900 in ex-tax dollars with 5 year warranty.
Not just photography: apparently, the German car manufacturers refer to the UK (or, more correctly, GB) as "Treasure Island".The joys of being a photographer in the UK!
Just need to fix up your GST calculationWell, Australia has free health care (but options for private insurance as well) so probably not exactly equivalent to the NHS - but we get reciprocal access.
The website seems to be down.
Digidirect have it for
AUD8,399 (with 5 year local Canon warranty)
USD6,551 (0.78 exchange rate ie 3 points higher than the mid market rate given that is what you would pay via credit card)
USD655 is the 10% GST that is bundled in it
USD5,900 is the Australian equivalent ex-tax price to the USD5,999 that B&H have it priced at. Freight has been excluded.
Of course, we have no option but to pay the 10% GST so the initial post with USD6,456.12 seems about right.
The R5 has dropped in price locally over the last 15 months by about AUD1k from AUD6600 to ~AUD5600 from multiple retailers now... about USD3900 in ex-tax dollars with 5 year warranty.
In your mind, how do you account for fluctuating currencies?I do find it irritating that Canon global charges varying prices to different countries/regions of the world.
Yes, the end price will be different due to taxes/VAT, but in my mind that should be the only difference.
The costs to ship a pallet of cameras from Japan to either the US or England/EU should be nearly identical. Sigh....
I would assume Canon global would set individual country/region pricing based upon the average local currency exchange rate versus the Japanese Yen. Obviously that doesn't take into consideration short term variances, but if they use relatively long term averages, it would be fairer to countries being charged higher than the US pays. Even if it means I would pay more in California, it seems like the right thing to do.In your mind, how do you account for fluctuating currencies?
So if nationX keeps its currency cheap (say to boost local exports), every other country should have to pay over the odds for imports of goods from nationY to ensure the price paid for imported goods bought in nationX remain globally competitive?I would assume Canon global would set individual country/region pricing based upon the average local currency exchange rate versus the Japanese Yen. Obviously that doesn't take into consideration short term variances, but if they use relatively long term averages, it would be fairer to countries being charged higher than the US pays. Even if it means I would pay more in California, it seems like the right thing to do.