Canon price went up ~20% yesterday.. Scary

[Chubee1227]

I got an E-quote yestreday from MS Color and when I get there they told me that they can't honor the equote since canon just announce that they are increasing prices. I'm too dissapointed since I have to move my ass to AMK just for the purchase and I got home empty handed.

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40D, 17-55mm f2.8 IS,

[Trapper]

If you really need it, save up the remaining amount and go for it. Most of the lenses increased in price, but I know the lens I was thinking of getting actually had its price decreased

[Yoh]

Which item were you quoted for?

[solasido]

Time to buy lenses from HK or BKK

[nightwolf75]

Originally Posted by solasido Time to buy lenses from HK or BKK

the price increase is world-wide. after factoring in airfares and GST on the way back to SG, probably work out to be the same, even if the exchange rates are better.

[Chubee1227]

Originally Posted by Yoh Which item were you quoted for?

for the 70-200mm 4f IS. Its too sad since I'm just begun with this hobby. I guess I have to work my ass overtime to earn few more dollars.

[Yoh]

Originally Posted by Chubee1227 for the 70-200mm 4f IS. Its too sad since I'm just begun with this hobby. I guess I have to work my ass overtime to earn few more dollars.

If ya don't mind 2nd hand ones, you could always pop by TCW or BenPhoto to look at those units. Some are in pristine condition.

There are also a couple units being put on sale in B&S.

In midst of this current situation, you can always save some money by opting for 2nd hand ones. Just my 2 cents worth of thought.

[Snoweagle]

2nd hand prices may go up too.

[iMac08]

Originally Posted by Chubee1227 for the 70-200mm 4f IS. Its too sad since I'm just begun with this hobby. I guess I have to work my ass overtime to earn few more dollars.

how much did they quote u? my last quote was 1580. So + 20% means 1900?

[FVTPL]

wonder does this increase applies to lens only? hmm.. seems like i have to postpone my flash purchase.. =(

[enderela]

me too. I got a quote from the same shop for 70-200mmL 2.8 non-IS for $1685 incl GST. The new price is $1950-00. I am now seriously considering the Sigma one. Sigh.....

[Yoh]

Originally Posted by FVTPL wonder does this increase applies to lens only? hmm.. seems like i have to postpone my flash purchase.. =(

It appears that the flash price is still pretty much stable, at least for yesterday.

[tangoango]

Perhaps time to seriously consider import or 'grey' purchases!

[mm63]

Cathay Photo was willing to honour their e-quote...provided I buy by March 1st.

[maswu]

Originally Posted by Chubee1227 I got an E-quote yestreday from MS Color and when I get there they told me that they can't honor the equote since canon just announce that they are increasing prices. I'm too dissapointed since I have to move my ass to AMK just for the purchase and I got home empty handed.

which ms color did you go to? the one at AMK Hub or blk 711? because your e-quote was given by the boss who is managing the store at blk 711...she will honor her e-quote i believe...
but if you went there then I have nth to say liao....

[geeteethree]

The thing is the new price is for the new stock that they order in.
Current in-stock items they should be selling for the old price, as they bought them for the old price.
hmm

[kenkht]

It is puzzling that Japan is in their worst recession ever because nobody's buying their goods and yet they are raising their price. I know their currency is getting stronger but then......

[Dream Merchant]

Originally Posted by geeteethree The thing is the new price is for the new stock that they order in. Current in-stock items they should be selling for the old price, as they bought them for the old price. hmm

How would we know exactly which pieces are the old stock prices, and which are the new ones?

[tangoango]

Originally Posted by kenkht It is puzzling that Japan is in their worst recession ever because nobody's buying their goods and yet they are raising their price. I know their currency is getting stronger but then......

You got it right 'nobody's buying their goods'.

There is no 'economy of scales'.

Actually, if more people buy = should be cheaper to produce.

Anyway, I don't think that this price increase is not from the increase in price in Japan.

It is a local distributor increase of price.

Canon Singapore Pte Ltd most probably is suffering as a result of the economic downturn.

They still have the same operating costs eg office rental, warehouse rental, staff pay (no retrenchment news from Canon S Pte Ltd as yet).

Therefore, the increase in prices because of increased operation costs!

Canon Singapore Pte Ltd is not a charity organisation - even charities have to 'make profit'. Bottom line for Canon(S) PL is TO MAKE PROFIT!

That is business.

Alternatively, buy from another source which offers better price.

Those retails that offer and can give the previous prices can do so because they have the stocks which were logged in at the lower prices. After all, whether it be CP, AP, etc - they all have the same bottom line - MAKE PROFITS!

[Snoweagle]

Not sure if prices for Sigma, Tamron n Tokina lenses are up.