Original price of Canon 7d Mark II

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.

drifter106 wrote in post #17765368
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!

GregDunn wrote in post #17765744
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..

mwsilver wrote in post #17765762
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:

Deals happen all the time.

mwsilver wrote in post #17765762
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.

GregDunn wrote in post #17765744
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

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

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!

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

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....

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

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.

mwsilver wrote in post #17767500
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

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.

GregDunn wrote in post #17765744
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.

canon rookie wrote in post #17769013
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

RodS57 wrote in post #17771135
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.

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