Wednesday, February 18, 2015

Canon 5D Mark iii Grey Market Price Drop


The Canon 5D Mark iii popped up online this week selling for only $1999.  This is most likely a grey market camera, but it is still interesting to see the popular camera show up from GetItDigital which has a 99.5% approval rating, at such a low price.  This is the lowest advertised price I have ever found for the full frame camera.
Near the end of 2014 Canon USA began offering huge rebates to boost regional sales because grey market cameras were being sold for far less than at authorized retailers.  It will be interesting to see if Canon USA fights back with another rebate program.
Canon also issued a "grey market" warning around the time of the rebate program.  Here is a link to a YouTube video explaining my thoughts on why Canon issued the warning.

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