Here come the price increases for bodies

This time Adorama takes the lead:

7D now $1749

http://www.adorama.com …er&utm_source=r​flaid62259

1D Mark IV now $5499

http://www.adorama.com …er&utm_source=r​flaid62259

1Ds Mark III now $7499

http://www.adorama.com …er&utm_source=r​flaid62259

Best Buy has the 60D standard kit at $50 discount this week with stock in my local stores. Wonder if we'll see those go up in price??

I'm sure eventually all of them will go up. If you're on the fence about buying a body it would be a good idea to get it now.

K6AZ wrote in post #12191706
I'm sure eventually all of them will go up. If you're on the fence about buying a body it would be a good idea to get it now.

And they'll eventually go down again as well once production is normalized. Now the price of lenses... that's a trend that will stay on pace regardless.

MOkoFOko wrote in post #12191842
And they'll eventually go down again as well once production is normalized. Now the price of lenses... that's a trend that will stay on pace regardless.

I don't think so. Some price increases are definitely due to the shortage but some are due to the exchange rate. Adoramais out of stock on the bodies I linked. If these price increases were due to the shortage they would be on in stock items.

In the last 18 months the dollar has fallen over 15% against the Japanese Yen and current Fed policy doesn't give me any hope of that trend reversing.

Still $1,699 for the 7D body at Crutchfield, minus free shipping to US territories (in and outside CONUS).
http://www.crutchfield​.com …non-EOS-7D-Body-only.html

Crutchfield will probably run out of stock very soon, I imagine (?)

K6AZ wrote in post #12191983
I don't think so. Some price increases are definitely due to the shortage but some are due to the exchange rate. Adoramais out of stock on the bodies I linked. If these price increases were due to the shortage they would be on in stock items.

In the last 18 months the dollar has fallen over 15% against the Japanese Yen and current Fed policy doesn't give me any hope of that trend reversing.

And that's why the pricing trend on lenses is going to continue You know the same old story well: lenses hold their value and stay in production sometimes more than a decade. Bodies on the other hand, become obsolete and go out of production every 1-3 years.

It's really no small wonder that the pricing for practically all Canon goods has gone up since the earthquake. Feb 20th was when ALL of the Canon lenses went up in retail price. The bodies, however, did not. A month after the lens increases, and now the bodies are becoming scarce and rising in price. The timing is too convenient.

Now, on the matter of exchange rates, it certainly seems logical for regional body pricing to be affected, but this is always in the short term. Bodies simply aren't in the market long enough to have their values creep up without end. Canon tends to slowly lower the prices of bodies that are in the last leg of their production cycle--exceptions being their pro bodies of course.

Saw this last week on Canon. FWIW --

Extensive damage at Canon’s plant in Utsunomiya, Tochigi prefecture, and difficulty in getting parts and materials will likely pressure production of cameras, lenses, copiers and chip- making equipment, according to Barclays. MF Global Holdings Inc. last week trimmed its annual profit forecast for Canon by 1.9 percent.

Production will probably return to normal from the quarter starting in July, Barclays said. The bank kept unchanged its estimate for the company’s operating profit for 2012. The camera maker’s three factories in Tochigi, Ibaraki and Miyazaki remained shut as of yesterday.

http://www.bloomberg.c​om …ing-japan-earthquake.html

MOkoFOko wrote in post #12192079
And that's why the pricing trend on lenses is going to continue You know the same old story well: lenses hold their value and stay in production sometimes more than a decade. Bodies on the other hand, become obsolete and go out of production every 1-3 years.

It's really no small wonder that the pricing for practically all Canon goods has gone up since the earthquake. Feb 20th was when ALL of the Canon lenses went up in retail price. The bodies, however, did not. A month after the lens increases, and now the bodies are becoming scarce and rising in price. The timing is too convenient.

Now, on the matter of exchange rates, it certainly seems logical for regional body pricing to be affected, but this is always in the short term. Bodies simply aren't in the market long enough to have their values creep up without end. Canon tends to slowly lower the prices of bodies that are in the last leg of their production cycle--exceptions being their pro bodies of course.

From what I've been hearing there won't be any price drops on these bodies until they're replace and there is going to be major sticker shock on the replacements.

Lenses were going up before the earthquake and the exchange rate is to blame. Some were accusing US retailers of price gouging but this five year chart of the USD-JPY pretty much gives the picture as to why.

HTTP response: 404 | MIME changed to 'text/html' | Byte size: ZERO

ouch

I remember the days of the favorable exchange rates (110-120 yen to the dollar) back from 2002-2005... I bought tons of stuff from japan direct through a middle-man. No more toys for me at rates like this!

Hopefully at some point we'll get some sane monetary policy. As long as the Fed floods the market with more dollars it's only going to get worse. This is also why all commodities are going up including food. The food manufacturers have been hiding it by reducing quantities in packages.

K6AZ wrote in post #12192599
Hopefully at some point we'll get some sane monetary policy. As long as the Fed floods the market with more dollars it's only going to get worse. This is also why all commodities are going up including food. The food manufacturers have been hiding it by reducing quantities in packages.

We're up to 3 wars at the moment. Don't wish for the impossible!

Hiding food from us is probably a good idea anyhow. We're a pretty fat country as a whole

K6AZ wrote in post #12192599
Hopefully at some point we'll get some sane monetary policy. As long as the Fed floods the market with more dollars it's only going to get worse. This is also why all commodities are going up including food. The food manufacturers have been hiding it by reducing quantities in packages.

Just wait until the larger multinational banks start withdrawing their excess reserves and dump 'em in the market at the same time the asian and middle eastern central banks are divesting their dollar assets. $10,000 24-70L f/2.8 mII anyone?

MOkoFOko wrote in post #12192636
We're up to 3 wars at the moment. Don't wish for the impossible!

Hiding food from us is probably a good idea anyhow. We're a pretty fat country as a whole

Hey man, my $1 1 lb. bags of candy from Walmart are now 14 oz!

The dollar store cookies are even worse, from 10 oz tp 7.5!