Why are the SAME Canon lenses getting more expensive year after year?

Seriously...wtf is going on? Canon is introducing new lenses at more and more astronomical prices, and existing lenses (that have been around for 10-20 years) are costing more and more each year.

Example: Last year I bought a Canon 100 f2 for $425 with a $50 instant rebate. Right now that SAME lens is $450 with the $50 rebate. WHY?? It's not the tsunami (its effects were actually more apparent last year)...it's just Canon screwing us, isn't it? I've been a loyal Canon customer for years, but lately they've just been taking us for a bunch of suckers.

Just venting...that's all....

Canon wants us to believe its a "Inflation" problem.

Well, american dollar is low and yen is high. Of course prices of japanese goods are rising. 6 years ago it was the opposite.

I agree that it is infuriating to see prices chop and change so much...

but, much of it is currency fluctuations...the cost of lens production is in Japanese Yen, and with the dismally performing US Dollar, of course the nominal USD price will go up.

On the other end, prices for us here in Australia have fallen compared to what they were even just 12-18 months ago. It's just a reflection of how poorly the US is doing these days.

It doesn't explain everything, but i guess a significant part of it is fluctuations of various economies in this globalised world we now live in...

Earwax69 wrote in post #15447174
Well, american dollar is low and yen is high. Of course prices of japanese goods are rising. 6 years ago it was the opposite.

sol95 wrote in post #15447183
I agree that it is infuriating to see prices chop and change so much...

but, much of it is currency fluctuations...the cost of lens production is in Japanese Yen, and with the dismally performing US Dollar, of course the nominal USD price will go up.

On the other end, prices for us here in Australia have fallen compared to what they were even just 12-18 months ago. It's just a reflection of how poorly the US is doing these days.

It doesn't explain everything, but i guess a significant part of it is fluctuations of various economies in this globalised world we now live in...

Ahhh...interesting....​that sounds very plausible. However...the price of Japanese cars, MP3 players and computers isn't going up...so why just lenses? Are Nikon lens prices skyrocketing as well?

LowriderS10 wrote in post #15447204
Ahhh...interesting....​that sounds very plausible. However...the price of Japanese cars, MP3 players and computers isn't going up...so why just lenses? Are Nikon lens prices skyrocketing as well?

When's the last time you bought a car, mp3 player, or computer that was actually made in japan, even though it's a japanese company?

as for nikon lenses, no idea what goes on that side of the fence....

You think you're getting ripped off? Come live in Europe or CIS here with us, then you'll be glad to get things for so cheap anywhere else in the world.

I find that funny, Zeiss lenses are made by Cosina in Japan, and Japanese lenses are probably made somewhere even cheaper.
Modern photographers are unbelievably spoiled by how cheap things are today overall. Want to buy an actual Zeiss or Leica lens actually made in Germany? It'll set you back at least $5000 for one of the cheaper ones. Thank the Asian machine for making $450 lenses possible at all.

If you consider, lenses like the 18-55 IS II and 55-250mm are very very cheap for what you get.

LowriderS10 wrote in post #15447140
Seriously...wtf is going on? Canon is introducing new lenses at more and more astronomical prices, and existing lenses (that have been around for 10-20 years) are costing more and more each year.

Example: Last year I bought a Canon 100 f2 for $425 with a $50 instant rebate. Right now that SAME lens is $450 with the $50 rebate. WHY?? It's not the tsunami (its effects were actually more apparent last year)...it's just Canon screwing us, isn't it? I've been a loyal Canon customer for years, but lately they've just been taking us for a bunch of suckers.

Just venting...that's all....

Totally agree.. when looking at the 1993 model 28 f/1.8 USM and the pricetag it have.. it's outrageous. Show me any product that is 20 years old and still have a expensive pricetag. No, art does not count
They did release the 40mm pancake for a reasonable price

bent toe wrote in post #15447299
Totally agree.. when looking at the 1993 model 28 f/1.8 USM and the pricetag it have.. it's outrageous. Show me any product that is 20 years old and still have a expensive pricetag.

Coca Cola Price History

Based on advertisements in the Daily Record (a Morristown, NJ newspaper) over the years, Pepsi and Coca Cola prices look like this:


[1944] Coca Cola, .05/bottle

[1982] Coke, .99/1 litre bottle

[1995] Coca Cola, .59-.99/2 litre bottle

[2002] Coca Cola .99/2 litre bottle

[2005] Coca Cola, 1.09/2 litre bottle

Drink up!


http://sodaisgood.blog​spot.com …-of-coca-cola-prices.html

Zivnuska wrote in post #15447327
Coca Cola Price History

Based on advertisements in the Daily Record (a Morristown, NJ newspaper) over the years, Pepsi and Coca Cola prices look like this:


[1944] Coca Cola, .05/bottle

[1982] Coke, .99/1 litre bottle

[1995] Coca Cola, .59-.99/2 litre bottle

[2002] Coca Cola .99/2 litre bottle

[2005] Coca Cola, 1.09/2 litre bottle

Drink up!


http://sodaisgood.blog​spot.com …-of-coca-cola-prices.html

You had to be that guy dident you?

L Lenses still made in JAPAN - unlike Nikon counterparts are now all in Asia.

I bet when Canon moved all of its production oversea, there will be a premium over the originally Japanese made lenses. Buy them up !

Is this thread really questioning if inflation is a real thing?

greed!

Very Simple.

Because we are dumb enough to pay their prices over and over again.