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FORUMS Canon Cameras, Lenses & Accessories Canon EOS Digital Cameras 
Thread started 30 Oct 2015 (Friday) 02:37
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Original price of Canon 7d Mark II

 
drifter106
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Oct 30, 2015 02:37 |  #1

Wow...didn't realize that initially this camera cost $1800.00. Seems as though the 5d Mark III is holding its value a better....not by much.


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GregDunn
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Oct 30, 2015 10:25 |  #2

drifter106 wrote in post #17765368 (external link)
Wow...didn't realize that initially this camera cost $1800.00. Seems as though the 5d Mark III is holding its value a better....not by much.

They've sold a huge number of 7D2 units, which allows them to relax the price a bit in some distribution channels. When I bought mine in March, our local dealer (who is usually very happy to deal on prices) was still quoting list + tax, and an authorized online dealer had it for about $400 less - no tax, free shipping. Right now, they're going for about 25% off list ($1350).

The 5D3, on the other hand, is available through authorized dealers for about 37% off list price ($2150)! I only got about a 30% discount when I bought mine!


Canon 1Dx | 5D3 | 7D2 | 6D | 70-200L f/2.8IS | 70-200L f/4 | 24-70L f/2.8 | 24-105L f/4IS | 100-400L f/4.5-5.6IS | 17-55 f/2.8IS | 50 f/1.8 | 28-105 f/3.5-4.5 | 4x Godox AD360

  
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mwsilver
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Oct 30, 2015 10:35 |  #3

GregDunn wrote in post #17765744 (external link)
They've sold a huge number of 7D2 units, which allows them to relax the price a bit in some distribution channels. When I bought mine in March, our local dealer (who is usually very happy to deal on prices) was still quoting list + tax, and an authorized online dealer had it for about $400 less - no tax, free shipping. Right now, they're going for about 25% off list ($1350).

The 5D3, on the other hand, is available through authorized dealers for about 37% off list price ($2150)! I only got about a 30% discount when I bought mine!

The largest dealer, B&H is currently selling the 7DII for $1499. I'd be a little suspicious of "authorized " dealers selling it for $1350..


Mark
Canon 7D2, 60D, T3i, T2i, Sigma 18-35 f/1.8, 30 f/1.4. Canon EF 70-200 L f/4 IS, EF 35 f/2 IS, EFs 10-18 STM, EFs 15-85, EFs 18-200, EF 50 f/1.8 STM, Tamron 18-270 PZD, B+W MRC CPL, Canon 320EX, Vanguard Alta Pro 254CT & SBH 250 head. RODE Stereo Videomic Pro, DXO PhotoLab Elite, ON1

  
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Nethawked
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Oct 30, 2015 12:38 |  #4

mwsilver wrote in post #17765762 (external link)
The largest dealer, B&H is currently selling the 7DII for $1499. I'd be a little suspicious of "authorized " dealers selling it for $1350..

Why? Within an acceptable window there are often great street prices on all sorts of equipment. From CPW on 10/28:

Adorama has a bundle of the EOS 7D Mark II with 18-135mm STM Kit, PIXMA PRO-100, 32GB Platinum II 200x SDHC, bag, and free photo paper for $1499.95, after a $350 mail-in rebate.

B&H: EOS 7D Mark II + PIXMA PRO-100 for $1249 AR


Deals happen all the time.




  
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longbeachgary
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Oct 30, 2015 13:07 |  #5

mwsilver wrote in post #17765762 (external link)
The largest dealer, B&H is currently selling the 7DII for $1499. I'd be a little suspicious of "authorized " dealers selling it for $1350..

The way that Samys gets around the authorized dealer agreement is to not charge tax. It's a 8% or 9% savings depending on where you buy.


Canon 1DX, Canon 1D Mark iii, 20 F2.8, 100 F2.0, 200L F2.8, 300L F4, 400L 5.6, 17-40 F4, 24-70 F2.8L, 70-200 F2.8L, 70-200 F4 IS, and the 2nd 3rd party lens I've ever owned - Sigma 150-600 f5-6.3 Sport.

  
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RodS57
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Oct 30, 2015 17:06 |  #6

GregDunn wrote in post #17765744 (external link)
They've sold a huge number of 7D2 units, which allows them to relax the price a bit in some distribution channels. When I bought mine in March, our local dealer (who is usually very happy to deal on prices) was still quoting list + tax, and an authorized online dealer had it for about $400 less - no tax, free shipping. Right now, they're going for about 25% off list ($1350).

The 5D3, on the other hand, is available through authorized dealers for about 37% off list price ($2150)! I only got about a 30% discount when I bought mine!

Based on your numbers:

I prefer to take a more antagonistic view: due to all the online posts related to focus issues they dropped the price that much to maintain sales. Hehehe

From another perspective the 7D2 is depreciating twice as fast as the 5D3.

At the stores I normally deal with the price has only dropped by $100 CAD

Rod


>>> Pictures? What pictures? <<<<

  
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GregDunn
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Oct 31, 2015 19:07 |  #7

"All the online posts": surely Canon doesn't let the grumblings of a dozen people in a forum dictate their price policy? :-D

The 5D mk III dropped from a high of $4300 to $3200 in its first year, or about 25%. The 7D mk II has dropped by almost exactly the same percentage. Looks like a corporate plan to me!


Canon 1Dx | 5D3 | 7D2 | 6D | 70-200L f/2.8IS | 70-200L f/4 | 24-70L f/2.8 | 24-105L f/4IS | 100-400L f/4.5-5.6IS | 17-55 f/2.8IS | 50 f/1.8 | 28-105 f/3.5-4.5 | 4x Godox AD360

  
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drifter106
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Oct 31, 2015 19:39 |  #8

GregDunn wrote in post #17767332 (external link)
"All the online posts": surely Canon doesn't let the grumblings of a dozen people in a forum dictate their price policy? :-D

The 5D mk III dropped from a high of $4300 to $3200 in its first year, or about 25%. The 7D mk II has dropped by almost exactly the same percentage. Looks like a corporate plan to me!


Agree...and they have data that has things broken down in areas WE don't even think of....


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mwsilver
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Oct 31, 2015 23:02 |  #9

GregDunn wrote in post #17767332 (external link)
"All the online posts": surely Canon doesn't let the grumblings of a dozen people in a forum dictate their price policy? :-D

The 5D mk III dropped from a high of $4300 to $3200 in its first year, or about 25%. The 7D mk II has dropped by almost exactly the same percentage. Looks like a corporate plan to me!

Actually if you look at the body only prices, the 5D III fell from $3499 to $2499, which is only 71% of the original cost. The 7D II was released at $1799 and is generally available at $1499 which is around 83% of the original cost. Of course the 5D III has been on the market far longer.


Mark
Canon 7D2, 60D, T3i, T2i, Sigma 18-35 f/1.8, 30 f/1.4. Canon EF 70-200 L f/4 IS, EF 35 f/2 IS, EFs 10-18 STM, EFs 15-85, EFs 18-200, EF 50 f/1.8 STM, Tamron 18-270 PZD, B+W MRC CPL, Canon 320EX, Vanguard Alta Pro 254CT & SBH 250 head. RODE Stereo Videomic Pro, DXO PhotoLab Elite, ON1

  
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RodS57
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Oct 31, 2015 23:51 |  #10

mwsilver wrote in post #17767500 (external link)
Actually if you look at the body only prices, the 5D III fell from $3499 to $2499, which is only 71% of the original cost. The 7D II was released at $1799 and is generally available at $1499 which is around 83% of the original cost. Of course the 5D III has been on the market far longer.

This puts us back in line with Greg's originally posted ratios (5D3 at 37% vs the 7D2 25%). Using the numbers above and assuming the 5D3 is three years old then average depreciation is 10% per year while the 7D2 is higher at 17% (based on your post not Greg's).

Only time will tell and unless you are planning to purchase one of these models it is all academic anyway.

Rod


>>> Pictures? What pictures? <<<<

  
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Nogo
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Nov 01, 2015 00:15 |  #11

Canon requires authorized dealers to list their items at or above a certain price. If you buy directly from an authorized dealer you will pay that price. But, those dealers are allowed to sell though other channels. The main ones I am aware of are Greentoe and Canonpricewatch. Go to one of these two and they will find you a lower price than the minimum required list price and the place it will come from is an authorized dealer unless listed otherwise.

The reason they and the gray market sellers can sell to United States customers so much under required minimum price is due to the exchange rate between their currency and ours.

When you buy from one of those two sites, you may find that the store filling the order is one of the stores you may have ordered from anyway.


Philip

  
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PNPhotography
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Nov 02, 2015 03:52 |  #12

GregDunn wrote in post #17765744 (external link)
They've sold a huge number of 7D2 units, which allows them to relax the price a bit in some distribution channels. When I bought mine in March, our local dealer (who is usually very happy to deal on prices) was still quoting list + tax, and an authorized online dealer had it for about $400 less - no tax, free shipping. Right now, they're going for about 25% off list ($1350).

The 5D3, on the other hand, is available through authorized dealers for about 37% off list price ($2150)! I only got about a 30% discount when I bought mine!

I would think the reason for the price drop would be because of slow sales and of course Nikon releasing the D7200 which is a excellent camera BTW.


6D|7D|7DMKII|Nikon D750|Nikon 85 F1.8|Nikon D5500|G15| Gripped|300F4|35F2IS|8​5 F1.8|135L F2|200L F2.8|17-55 F2.8|70-200L F2.8 MKII|430EX|
https://www.facebook.c​om …2755174446/?ref​=bookmarks (external link)

  
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RodS57
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Nov 03, 2015 16:12 |  #13

canon rookie wrote in post #17769013 (external link)
I would think the reason for the price drop would be because of slow sales and of course Nikon releasing the D7200 which is a excellent camera BTW.

A couple of people on this forum have said the D7200 is a good camera. If the local retailer, who has a 30 day return policy, brings one in I think I will check it out. That would give me enough time to run it through its paces without the hassle of mail order. It could be the replacement for my disappointing 7D2.

I will just have to wait until one materializes.

Rod


>>> Pictures? What pictures? <<<<

  
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mwsilver
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Nov 03, 2015 16:57 |  #14

RodS57 wrote in post #17771135 (external link)
A couple of people on this forum have said the D7200 is a good camera. If the local retailer, who has a 30 day return policy, brings one in I think I will check it out. That would give me enough time to run it through its paces without the hassle of mail order. It could be the replacement for my disappointing 7D2.

I will just have to wait until one materializes.

Rod

What do you find disappointing about the 7D II? I absolutely love mine. Its the best crop camera I've ever used by wide margin.


Mark
Canon 7D2, 60D, T3i, T2i, Sigma 18-35 f/1.8, 30 f/1.4. Canon EF 70-200 L f/4 IS, EF 35 f/2 IS, EFs 10-18 STM, EFs 15-85, EFs 18-200, EF 50 f/1.8 STM, Tamron 18-270 PZD, B+W MRC CPL, Canon 320EX, Vanguard Alta Pro 254CT & SBH 250 head. RODE Stereo Videomic Pro, DXO PhotoLab Elite, ON1

  
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oscardog
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Nov 03, 2015 17:26 as a reply to  @ mwsilver's post |  #15

Absolutely love mine as well, and would hate to sell everything to switch over to Nikon


Gear: 6D, 7d Mark II, Rokinon 14mm 2.8, Canon 16-35 f4 IS, Sigma 24mm 1.8, Canon 70-200 f4 (non IS), Sigma 500 4.5 DG, Kenko 1.4x & 2x converters

  
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Original price of Canon 7d Mark II
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