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FORUMS Marketplace & Market Info Market Watch 
Thread started 12 Mar 2012 (Monday) 09:13
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5D Mark II Future Prices (Need Advice)

 
NeverFollow
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Mar 12, 2012 09:13 |  #1

Hey everyone, Im about to go full frame and have a budget of $3500. Initially I was going to buy the mark III (when it comes out in stores) but then I realized that I would have no room for new lenses. Currently I own the 7D and the only L lens I have is the 70-200mm f4L.

A local store is selling the 5D mark II for $1899 new, taxes will put me around $2050. How low do you think the mark II will drop when the mark III comes out? I have until Thursday to make my decision then the price goes back up to $2199

Any advice is much appreciated.


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gjl711
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Mar 12, 2012 09:19 |  #2

There is no way to answer that question. I can say with 100% certainty that the price sometime in the future will go down, just can't say with certainty when. It could be a week, month, or year. Short term it could also go up. With the MkIII as expensive as it is, it may actually keep the price of the MkII high for a while.


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jkokbaker
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Mar 12, 2012 09:25 |  #3

I was in the same dilemma as you, I got the Mark II. That $1400 can buy some good lenses. The Mark III will come down in price eventually also.As for future price I can not see the Mark II dropping say another $1000 within 2 years, but the Mark III could easily drop $1000 in the next 2 years, so I guess depreciation value, able to get it right now and extra money to spend on lenses was the reason I bought the Mark II.


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Bleufire
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Mar 12, 2012 09:53 |  #4

The 5Dmkii has been on sale alot the last six months it seems. I dont think you are exactly going to miss out on a deal if you don't buy now. Just wait it out and see what happens, no need to jump the gun. It is going to be on sale again.


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Mar 12, 2012 10:38 |  #5

Two grand is a good price for the 5D2.

Like everyone else, I'm just guessing, but I suspect the price of the 5D3 won't drop at all until just before the end of the year, and then it will probably be just above $3000. I expect the 5D2 will remain around $2200 (new) until it disappears, except for sale periods.


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Mar 12, 2012 11:44 |  #6

Im really thinking about pulling the trigger on it..... In 6 months the price might drop a couple hundred but if I have the money now why not? A couple hundred it worth having it for 6 months versus waiting.


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goldboughtrue
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Mar 12, 2012 11:48 |  #7
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NeverFollow wrote in post #14072122 (external link)
Im really thinking about pulling the trigger on it..... In 6 months the price might drop a couple hundred but if I have the money now why not? A couple hundred it worth having it for 6 months versus waiting.

I don't see a reason to wait. Plus, you can get a new one now whereas in six months there might not be any new ones left and you'll have to buy used. Used can be good or bad; it depends on who you buy from.


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gjl711
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Mar 12, 2012 11:49 |  #8

NeverFollow wrote in post #14072122 (external link)
Im really thinking about pulling the trigger on it..... In 6 months the price might drop a couple hundred but if I have the money now why not? A couple hundred it worth having it for 6 months versus waiting.

Just to help you along, in a couple of months, the price could go up as well, or stay the same.


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delhi
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Mar 12, 2012 11:51 as a reply to  @ gjl711's post |  #9

I am seeing used prices as low as $1700 in my local CL.


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NeverFollow
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Mar 12, 2012 11:55 |  #10

delhi wrote in post #14072161 (external link)
I am seeing used prices as low as $1700 in my local CL.

Same here but Im not interested in a used camera mainly because most of them I see on CL dont have a warranty


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rick_reno
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Mar 12, 2012 12:18 |  #11

Canon refurb store has the 5d2 at $1760.




  
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Cravi
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Mar 12, 2012 12:27 |  #12

You can find less than one year old 5DII (still under warranty) for $1750ish on this forum. Spend the remaining on 70-200 II. Its too good of a lens


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Glueeater
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Mar 12, 2012 14:31 |  #13

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dadgummit
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Mar 12, 2012 15:03 |  #14

I am willing to bet the 5d2 prices go up in the next couple of months just like the 70-200 F2.8 IS I went up in price when the Mark II came out.

Canon's pricing strategy pretty much assures this (Price any new product 75-100% higher than the model it is replacing)


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dracula02
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Mar 12, 2012 15:28 |  #15

rick_reno wrote in post #14072303 (external link)
Canon refurb store has the 5d2 at $1760.

This is probably the better deal, you can get a refurb (just as good as new) with a limited warranty on it. Sign up for CPS and invest the rest in lenses. The remaining funds can buy you some serious glass.




  
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