Canon USA Price Increases Have Taken Effect
- Thread starter Canon Rumors
- Start date
-
- Tags
- eos r1
My guess on the R3 is, 1000 of that is tariffs and the balance is a canon price increase. I read the US tariff on Japan was between 11 and 50% depending on the product and the material it was made from. It may be cheaper for Americans to make a trip and buy there!
This is crippling America in so many way.
My local grocery store has almost zero American produce anymore.
This is crippling America in so many way.
My local grocery store has almost zero American produce anymore.
Upvote
0
Sadly it wont be long before costs go up worldwide to help offset the increased company outlay. Ot is so damaging as we know the wafer thin margins the camera divisions operate on for these companies. Sadly it impacts Canon hard, think about the smaller Nipon brands.
Upvote
0
Out of curiosity what’s happening to the pricing in Canada? If it works price wise and depending on where you live could be worth a cheeky trip across the boarder to do some shopping.
Upvote
0
One piece of good news:
Q: "In your presentation there is a statement about assuming additional tariff of 145% on China...."
A: "Since most of the products we produce in China is for the Chinese market and the amount exported from China to the United States is very small, we expect virtually no impact."
- Canon's most recent financial documents.
Q: "In your presentation there is a statement about assuming additional tariff of 145% on China...."
A: "Since most of the products we produce in China is for the Chinese market and the amount exported from China to the United States is very small, we expect virtually no impact."
- Canon's most recent financial documents.
Upvote
0
Prices went up here in Canada in May unfortunately. For example I bought the R7 when it came out for $1999, and as of earlier this year was on sale for $1799 if I recall. However, it jumped up to $2099 (right now “on sale” for $1999…). L lenses saw a big jump too. The RF28-70F2L used to be $3800 and is now $4200. With current exchange rates though, it looks like pricing is a bit cheaper in Canada (in USD).
Upvote
0
The tariffs apply to all imports (grey market or official), so unless there is some large pricing differential due to currency fluctuations or local market conditions, you are likely not going to get much better deals.
In fact, for grey market purchases, the grey market importer is likely paying the 10% (or however much) tariffs on the full retail price of the camera in the source market. Meanwhile, Canon USA pays the same rate on the transfer price (i.e. the price Canon USA buys the camera/lens from Canon HQ, which is lower than full retail) so any pricing advantage will dissipate.
Last edited:
Upvote
0
Interesting how products that have been on the shelf at retailers for a year 'in country' suddenly get a price increase. So is it retro active to the gov or are folks taking an advantage of the situation, or both?
Upvote
0
I was wondering the same. You know B&H (for example) has all these camera bodies and lenses in stock but, yet a significant price increase. Why?
Upvote
0
Complicated,
My shop implies, but would not say outright, that Canon FORCES the sale price on them. So old stock means nothing once Canon says the new price is XYZ.
But, I see some companies, Like Milwaukee tools put the prices up a lot on some items, the one I want is made in Germany, I am in Canada, there are no new tariff conditions on that item.
But, they know the consumer is aware of and expecting price increases, so strike while the iron is hot.
Upvote
0
No announcement that I know for local Canon price increases but Albo will not have retaliatory tariffs against the US as it is bad for the local economy. In any case, those tariffs won't impact Australia importing from Japan.
The Canon Australia listprice of AUD6699 for the R5ii is the highest that you will pay.
Local resellers have it today for AUD5370-5699. There are no Canon rebates at the moment.
Equivalent to USD3200 ex tax. Can't help but to mention the 5 year warranty as well
Come to Australia for a holiday if you need some gear!
The Canon Australia listprice of AUD6699 for the R5ii is the highest that you will pay.
Local resellers have it today for AUD5370-5699. There are no Canon rebates at the moment.
Equivalent to USD3200 ex tax. Can't help but to mention the 5 year warranty as well
Come to Australia for a holiday if you need some gear!
Upvote
0
Some companies have a Minimum Advertised Price policy. Retailers can sell below that price if they want, but they can't advertise it. That's why online retailers sometimes say "Put In Cart To See Price".
Upvote
0
Yeah, I was waiting to see the effect on profoto...they just released the b20 and b30 saying prices stayed the same as the b10x plus and b10x when they came out...but I always thought the b10x plus was like $2295 not $2395...still way too expensive! ha ha
Upvote
0
It is very interesting. I've been watching the prices of refurbished bodies (specifically the R8) and yesterday the price had shot up to $1619 (it had previously been $1349 normally). For some reason the price just dropped today to $1179 for the R8 + 24-50 kit. I ended up pulling the trigger and buying it at this lower price.
FYI a lot of the other bodies seem to be on sale at the moment on their refurbished cameras page (the R3 dropped back down to $3299 for example). So if anyone has been thinking about getting a refurbished camera I would look now.
FYI a lot of the other bodies seem to be on sale at the moment on their refurbished cameras page (the R3 dropped back down to $3299 for example). So if anyone has been thinking about getting a refurbished camera I would look now.
Upvote
0
Interesting times we’re in, for everyday professionals and non professionals, do we hold off for three years to see if the tariffs are rescinded or is that genie out of the bottle for good? We just don’t see any ROI on purchases now. Passing this on to our future clients is gonna be tough. Personally we have an R1/R5II, 24-105 and 70-200 2.8 Z’s and a 100-300, would love the new BIG white F2.8 and F4’s, just don’t see the ROI.
Last edited:
Upvote
0
Similar threads
