Canon R Worth $2K?

Been giving a lot of thought to buying the Canon R mirrorless. I’ve read good and bad things about it. The bad being mostly because Canon is behind its peers in mirrorless and also it’s Canon first mirrorless camera.

I’m just wondering if I fork out $2K for this now are the odds pretty good that the value of this will crash and burn (i.e. 50%...) a year from now when they introduce newer models and Sony and Co. probably improve upon theirs even more?

I’d rather not switch to another brand for mirrorless if I don’t have to since I like all my EF current lenses and the thought of being able to use those with a simple adapter is appealing.

Thx.

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As far as what something is worth, I always take one thing into consideration before I buy anything that is costly:

How much will I be able to sell it for in 1 year? . In 2 years? . In 5 years?

I am careful in how I spend my money, and always want to be able to get most of my money back out of something if I fall on hard times or want to switch things up.

I have wanted/needed a 5D Mark 4 for a couple of years now, but I simply can't bring myself to spend $1800 to $2200 for one when I think they will be widely available for just $1000 or $1200 in a couple of years.

When I do finally buy something, I usually feel as though I have gotten a hell of a lot of camera for my money, and have no regrets. . If you spend $2,000 for an EOS R now, will you feel that way? . If the answer is "no", then I suggest not buying one.

Same thing goes for anything we buy in life, really ... cars, groceries, household items. . If you don't feel like you are getting a very good/great value for your money, then it's best not to buy it. . Why would camera gear be any different?


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Look at the 6dii....$2k when it came out 2 years ago, just got mine for under 1k a few months ago. They'll all lose value fairly quickly

I had a friend to used to say something similar to you. After he died in his sleep one weekend, I always wondered what he was planning or hoping to buy. I'm just sayin'...

James P wrote in post #18940156
I had a friend who used to say something similar to you. After he died in his sleep one weekend, I always wondered what he was planning or hoping to buy. I'm just sayin'...

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I'm not sure I understand what you mean when you say, "what he was planning or hoping to buy."

It's not like I have a fair amount of money, and am saving it all up for some big thing. . I have barely any money at all and live hand-to-mouth. . This is why I need to be so very careful with how much I spend for things. . If I am not careful, I will be, quite literally, broke, with no savings whatsoever and no retirement or anything to fall back on.

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Tom Reichner wrote in post #18940146
As far as what something is worth, I always take one thing into consideration before I buy anything that is costly:

How much will I be able to sell it for in 1 year? In 2 years? In 5 years?

I am careful in how I spend my money, and always want to be able to get most of my money back out of something if I fall on hard times or want to switch things up.

I have wanted/needed a 5D Mark 4 for a couple of years now, but I simply can't bring myself to spend $1800 to $2200 for one when I think they will be widely available for just $1000 or $1200 in a couple of years.

When I do finally buy something, I usually feel as though I have gotten a hell of a lot of camera for my money, and have no regrets. If you spend $2,000 for an EOS R now, will you feel that way? If the answer is "no", then I suggest not buying one.

Same thing goes for anything we buy in life, really ... cars, groceries, household items. If you don't feel like you are getting a very good/great value for your money, then it's best not to buy it. Why would camera gear be any different?

Blimey your the only person I know that buys groceries with the intention of selling them on in 5 years time.

So camera's are like alcohol. You don't really need it, and the buzz only lasts a short while. I guess your best off just being a bartender.

Bogino wrote in post #18940133
Been giving a lot of thought to buying the Canon R mirrorless. I’ve read good and bad things about it. The bad being mostly because Canon is behind its peers in mirrorless and also it’s Canon first mirrorless camera.

I’m just wondering if I fork out $2K for this now are the odds pretty good that the value of this will crash and burn (i.e. 50%...) a year from now when they introduce newer models and Sony and Co. probably improve upon theirs even more?

I’d rather not switch to another brand for mirrorless if I don’t have to since I like all my EF current lenses and the thought of being able to use those with a simple adapter is appealing.

Thx.

If you want one buy one.
If you don't want one don't buy one.

john crossley wrote in post #18940167
If you want one buy one.
If you don't want one don't buy one.

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Obviously, it is not nearly that simple. . Some people frequently try to simplify things that are essentially very complex decisions. . Doing so doesn't really help those making the decision.

There are dozens - no, thousands - of things that I want right now. If I applied your, "if you want it, buy it" advice, ALL of my money would be gone in a few minutes, and I would have several things that I wanted, but not be able to buy any of the other things that I truly need, or really want.

We all want thousands upon thousands of things. . Deciding which of these things to actually go ahead and buy is a complex decision because so many things are vying for our dollars.

Whenever we buy something, doing so makes it impossible to buy many, many other things that we want, or need. . Hence, there is wisdom in analyzing a potential purchase from every angle possible, and in comparing the pros and cons of the item being considered with those of all of the other items that we want, both similar and dissimilar.


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Bogino wrote in post #18940133
Been giving a lot of thought to buying the Canon R mirrorless. I’ve read good and bad things about it. The bad being mostly because Canon is behind its peers in mirrorless and also it’s Canon first mirrorless camera.

I’m just wondering if I fork out $2K for this now are the odds pretty good that the value of this will crash and burn (i.e. 50%...) a year from now when they introduce newer models and Sony and Co. probably improve upon theirs even more?

I’d rather not switch to another brand for mirrorless if I don’t have to since I like all my EF current lenses and the thought of being able to use those with a simple adapter is appealing.

Thx.

Are you being held back what what you currently own? Do you NEED to upgrade or do you just want to get the latest and greatest? If you can afford it then go for it. But, you can be sure that it will lose at least 50% of its value in a couple of years if not less.

FWIW, I got a 6D refurbished for under $1000 which I thought was a great deal. I now see them for around $500.

Why don't you rent it for a week and then decide if it is worth the expense?

john crossley wrote in post #18940163
Blimey your the only person I know that buys groceries with the intention of selling them on in 5 years time.

John,

I believe that you misread my post. Either that, or you were employing humour or sarcasm.

Anyway, to clear up any misunderstanding, this is the way I meant my post to be read:

Tom Reichner wrote in post #18940146
How much will I be able to sell it for in 1 year? . In 2 years? . In 5 years?

I am careful in how I spend my money, and always want to be able to get most of my money back out of something if I fall on hard times or want to switch things up.

I have wanted/needed a 5D Mark 4 for a couple of years now, but I simply can't bring myself to spend $1800 to $2200 for one when I think they will be widely available for just $1000 or $1200 in a couple of years.

When I do finally buy something, I usually feel as though I have gotten a hell of a lot of camera for my money, and have no regrets. . If you spend $2,000 for an EOS R now, will you feel that way? . If the answer is "no", then I suggest not buying one.

Same thing goes for anything we buy in life, really ... cars, groceries, household items. . If you don't feel like you are getting a very good/great value for your money, then it's best not to buy it. . Why would camera gear be any different?


.

If you are planning to use it for several years, it is worth it.
I paid near full price for 5div 2.5 years ago and would still buy it today as I see no alternative for my use. I plan to use for at least another 3 years. My most recent purchase is M6 Mark II and it is worth every penny - great video performance blending well with 5div footage. It is the only camera I paid MSRP for, even though I know it will significantly drop in price by Xmas and probably by half in a year. But the footage I took with the camera in the meantime has bigger value to me.

RhodyPhotos wrote in post #18940188
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FWIW, I got a 6D refurbished for under $1000 which I thought was a great deal. I now see them for around $500.
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Ouch!

I bought my 6D used for $700 when they were going for $800-$850. . That was 22 months ago. . I can't even imagine how you must feel.

It doesn't hurt too badly to see them going for $500 now, because I have used mine a lot in the time that I've had it, and it has been worth the net of $200 that it has cost me thus far. . Perhaps you have gotten more than $500 worth of usage from yours, and don't feel too badly about it, either?

Significant depreciation is going to happen with most things that we purchase, and to some extent we need to accept it. . But when 50% depreciation occurs in just 2 to 3 years, that is hard to swallow, and usually leaves me feeling bad about having made the purchase.


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Tom Reichner wrote in post #18940198
Ouch!

I bought my 6D used for $700 when they were going for $800-$850. . That was 22 months ago. . I can't even imagine how you must feel.

It doesn't hurt too badly to see them going for $500 now, because I have used mine a lot in the time that I've had it, and it has been worth the net of $200 that it has cost me thus far. . Perhaps you have gotten more than $500 worth of usage from yours, and don't feel too badly about it, either?

Significant depreciation is going to happen with most things that we purchase, and to some extent we need to accept it. . But when 50% depreciation occurs in just 2 to 3 years, that is hard to swallow and leaves me feeling bad about having made the purchase.

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I did get a lot of mileage out of it. And when I did buy it (almost 5-6 years ago) I really needed a camera since my 60D had just died. I sort of feel extremely uncomfortable if I don't have a working camera in my hands!

I knew it would lose a bunch of its value (money-wise), but its still a great camera for my purposes. It has served me very well.

RhodyPhotos wrote in post #18940213
I did get a lot of mileage out of it. And when I did buy it (almost 5-6 years ago) I really needed a camera since my 60D had just died. I sort of feel extremely uncomfortable if I don't have a working camera in my hands!

I knew it would lose a bunch of its value (money-wise), but its still a great camera for my purposes. It has served me very well.

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50% depreciation spread out over 5 to 6 years is actually really good!

Sounds like you definitely got your money's worth.

If I could buy a refurbed (or used) 5D4 right now at a price that would only halve over the next 5 to 6 years, I would consider that to be a very worthwhile deal.

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