Newsflash on 5D mark III price: It's cheaper than the 5D II intro price

[distant.star]

Hope that helps clear up the pricing issue. If history is any indication the price will be cut in half over the next few years too

Newsflash -- you're wrong.

Nothing in your financial/economic mumbo jumbo changes the fact that $3500 USD is too much for what they're calling a 5D3. It's overpriced that way for two market segments:

1. Businesses who can write off the expenditure, even though most of them seem to agree it's too expensive. They can bite that nasty bullet for the business benefits it can provide.

2. Pent-up demand, the folks lusting for years for something better than the 5D2 or a crop body or whatever they used while patiently waiting for the 5D2 successor.

When those segments are satisfied (and Canon pockets the extra cash) the price will reduce, probably closer to the $3K area. Then the rest of us will buy one thinking what a great deal we're getting.

As for your prediction that it will sell for $1750 USD in a few years, I think the time machine you used needs serious adjustment. No new 5D3 will ever retail at that price, I don't care what kind of mumbo jumbo you use to delude yourself.

And by way of disclaimer, my saying the 5D3 is not worth the price is not saying it isn't a great camera. It's just not THAT great!

 

[pdirestajr]

I'll buy the 5D3 when it's price is around 2K, and my 5D2 is dead.

IE: After the 5D4 is out, and people are complaining about it's price, and how it isn't worth the upgrade...

 

[tron]

I'll buy the 5D3 when it's price is around 2K, and my 5D2 is dead.

IE: After the 5D4 is out, and people are complaining about it's price, and how it isn't worth the upgrade...

;D

 

[johle]

I keep seeing people posting about how they are dissatisfied with the 5D III price. Lets just look at the numbers:

Canon 5D Mark II intro price: 300,000 Yen
Canon 5D Mark III intro price: 270,000 Yen

Canon has always been a very rigid company with it's introductory pricing and has always priced successive products at the exact same price as previous generations, adjusted for inflation for the last 20 years. Their pricing has been so extremely consistent it deviates from the inflation rate in Japan less than a fraction of a percent.

Unfortunately, people tend to compare prices over time without adjusting for inflation.

 

[Mt Spokane Photography]

Wow, a old thread comes to life.
The Mods really need to lock old threads.

 

[squarebox]

I keep seeing people posting about how they are dissatisfied with the 5D III price. Lets just look at the numbers:

Canon 5D Mark II intro price: 300,000 Yen
Canon 5D Mark III intro price: 270,000 Yen

Canon has always been a very rigid company with it's introductory pricing and has always priced successive products at the exact same price as previous generations, adjusted for inflation for the last 20 years. Their pricing has been so extremely consistent it deviates from the inflation rate in Japan less than a fraction of a percent.

Unfortunately, people tend to compare prices over time without adjusting for inflation.

That is adjusted for inflation... In Japan their inflation rate is something like -0.5% compared to the U.S.'s 2%.