Heads up: Amazon seems to be stuck in the old pricing (for now).
I just caved and ordered the 50mm 1.4 for $1399+tax.
Generally I don't like buying high ticket items from amazon but I also have the amazon credit card so extra 5% back.
I had heard rumors (I think from CanonRumors lol) that June 26 was the day, but apparently it was yesterday. Glad I was able to get some purchases in, taking advantage of both the last of the Canon rebates + my local store's Tax Holiday sales on Mother's and Father's Day. The same gear I bought over the last two months would cost me about $1600 more today
I did notice that Amazon will, on some Canon gear, default to the pre-increase prices, but it might be shipped/sold by a 3rd party seller (still advertised as New) but who knows if those sellers are authorized or not.
The Canon RF 100-300mm f/2.8 L IS USM lens, is now $10,200.
An EL-1 flash is now $1,200.
Canon clearly is not trying to absorb some of the tariffs and they are now pricing themselves out. I am glad I got my R1 and 100-300 when I did. However the price increase on the LP-E19 battery is ridiculous.
rancherpix wrote:
There are going to be a lot of high dollar paperweights gathering dust on camera stores' shelves.
Yes, sales should nose dive and then the laws of supply and demand will do its thing. Companies like Canon will learn it's better to sell product with a lower margin than not sell product at all, so they will lower prices back down and eat some of their margin once they have stockpiles of inventory that's just sitting. This should happen in a lot of industries as inventory starts to pile up.
I keep a spreadsheet of Canon cameras and lenses purchased and items for possible purchase in future and just updated it with the new US prices. Price rise of 7-11% is seen generally, with most being 8 or 10% increase. Big primes (400mm, 6000mm) are now $1000 more. Not sure if there will be an increase in Canada and other parts of the world to offset some of the 'losses' from the US, as some other companies are doing.
Yeah, not sure what's up with the lens hood pricing. I was considering the Canon RF 400mm 2.8 short lens hood - it was $649 yesterday but it is now $849 today - 31% increase!
Thanks to folks who chimed in on the tariff/refurb question. It sounds like at least most "refurbished" products may be fixed/refurbished in the US, which would seem to preclude tariffs... as long as no new replacement parts were required. (I think those would be refurbed.)
I am a little surprised that refurbs weren't been sent off to countries where labor is a lot less expensive, but it is hard to keep track of all this stuff.
gdanmitchell wrote:
Thanks to folks who chimed in on the tariff/refurb question. It sounds like at least most "refurbished" products may be fixed/refurbished in the US, which would seem to preclude tariffs... as long as no new replacement parts were required. (I think those would be refurbed.)
I am a little surprised that refurbs weren't been sent off to countries where labor is a lot less expensive, but it is hard to keep track of all this stuff.
Few refurbished products require any kind of repair-just clean, technical and quality check and packaging. Some may need minor repairs or adjustments. Not cost effective to do major repairs on low margin refurbished items. Seriously damaged goods are disposed of through alternate channels.
Yeah, not sure what's up with the lens hood pricing. I was considering the Canon RF 400mm 2.8 short lens hood - it was $649 yesterday but it is now $849 today - 31% increase!
There is/was a member selling 3D printed hoods & end caps for considerably less. Unfortunately, I can't remember his name.
Jim
artsupreme wrote:
Yes, sales should nose dive and then the laws of supply and demand will do its thing. Companies like Canon will learn it's better to sell product with a lower margin than not sell product at all, so they will lower prices back down and eat some of their margin once they have stockpiles of inventory that's just sitting. This should happen in a lot of industries as inventory starts to pile up.
Margins for photo equipment is very thin. Rather than making Canon the bad guy…one should look elsewhere for these price increases.
I've noticed that a lot of Canon gear is currently discounted in Canada. I believe Canon Canada still imports inventory directly from Japan, so no tariffs.
I've got one for my 400.. it's OK, it's 3D printed and makes a lot of noise putting on, and is finicky when mounting it. Would prefer a smaller proper Canon hood, but these prices are a bit ridiculous.
Glad I got my R3 / R1 and 100-300 2.8 at the previous pricing though.
That R3 price increase is pretty silly IMO. I think perhaps they just don't want people buying them any more.
Cliff L. wrote:
I've noticed that a lot of Canon gear is currently discounted in Canada. I believe Canon Canada still imports inventory directly from Japan, so no tariffs.
Buying Canadian gear is a risk. Tariffs are not technically avoided, you *may* still get charged, the tariffs are based on country of origin, not where they're shipped from. I was looking to buy my 100-300 three weeks ago and did some digging on Canadian purchases.The bigger deal is you cannot buy CarePAK Plus in the USA for a Canadian purchased lens (this is directly from Gordon at Canon Price Watch).
