Canon lens prices went up!?

[sirockalot]

has anybody checked out canon lens prices lately? they all went up 20% or more at all the shops near me. my local canon dealer said all lens went up, but Canon's went up the most. im glad i got my lens when i did! i just got my 100mm macro 2 weeks ago and today it's selling for $150 more then i paid! thats just nuts! :confused:

[CanadianKitKat]

I was just noticing yesterday the big jump, at least here in the Great White North. I did some comparison shopping. Can buy a 85 1.8 here at the Camera Store, or can buy it from B&H, pay duty, shipping and exchange and still save almost $200. Ridiculous.

[Karl Johnston]

http://photography-on-the.net/forum/showthread.php?t=645780

:D

It's great eh? We're rich...rich ! All of us equipment gophers are rich !

Me not so much, but now I can sell a used 70-200L for what I got it for brand new ;)

[blair6878]

With the economy the way it is, lens might just be a good investment. BTW, what happened to the Canon rebates? Has anyone heard anything yet?

[sirockalot]

dam japanese and thier strong economy! maybe Canon should move to China lol!

[Skrim17]

Rebates usually don't come out till May I think, so then they will be their regular prices before they all went up...

[Karl Johnston]

dam japanese and thier strong economy! maybe Canon should move to China lol!
I thought Canon was a chinese company

[Naturalist]

I thought Canon was a chinese company

No, but like many other companies in the world they farm out a lot of their product line to Taiwan for manufacture/assembly to be more profitable.

[sirockalot]

but all the lens are made in japan

[blair6878]

Thanks Skrim17, I thought it was April

[rammy]

The JPY to the USD exchange rate has gone up and is now at around the 100 Yen to the Dollar, from the low at 2008 year end of around the 90's. I think it would need to get back to 110 Yen to the Dollar for any price changes, but then, it's not as simple as that ;-)

[kasey]

dam japanese and thier strong economy! maybe Canon should move to China lol!

Japan's strong economy? Did you even read the news?

Its economy shrank at an annualized 12% in the last quarter and its export plunged 49% compared to the year before. The exchange rate is killing the exporters!