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Canon Professional EOS Digital Cameras & Lenses Depreciate slower than Consummer models ⭐⭐⭐⭐⭐

April 14, 2013

Introduction and Perspective: These articles are created to inform a wide audience, whether it be Photography, Digital Cameras, Lenses, Photo Editing Software, Smart Phones, Laptops, iPads, iPhones, and a variety of related products that may attach to these devices. The purpose is to inform all those interested in what is currently available, coming soon based on what is believed to be reliable sources. This is not the place for rumors. Rumors has its own unique Category on our site.

Canon Professional EOS Digital Cameras and “L” Lenses Depreciate slower than Consummer models according to a recent study by Market research software company Terapeak. New cameras are like new computers. Both of them depreciate quite quickly as new technologies and new models are churned out year after year. This presents a perpetual problem for photographers, as many constantly grapple with the question of whether to upgrade their camera to a more recent model, or whether to purchase a higher-end model so that it keeps its value longer.

♦ Market research software company Terapeak recently performed a study that looks at depreciation in Canon EOS DSLRs. The results are pretty interesting. The study used a tool called Terapeak for eBay, which aggregates and analyzes transactions on eBay. Data regarding new Canon camera body sales were imported into the tool and then crunched to see what would turn out. The Graph below is an apples to apples comparison of depreciation for four Canon EOS models released over the past year: the Canon 1D X (MSRP: $6,799), the Canon 5D Mk III (MSRP: $3,499), the Canon 6D (MSRP: $2,099), and the Canon 650D (MSRP: $850).

♦ High end cameras such as the 1D X and 5D Mk3 depreciate at roughly the same rate (i.e. they both hold their values relatively well), even though one model is much more expensive than the other (the former is double the price of the latter). For an unknown reason, even though the full frame 6D is billed as a prosumer camera that sits alongside the 5D Mark II and Mark III, it depreciates at roughly the same rate as the entry-level 650D.

♦ After 26 weeks after being launched, the 1D X and 5D Mark III are still worth about 90% of their original market price, but the 6D and 650D have plummeted down to around 70% of their original values.

♦ The key takeaways of these findings are: (1) purchasing a more expensive and higher-tier camera doesn’t ensure that the body will depreciate more slowly, and (2) purchasing a higher class of camera (pro versus amateur) is the way to go if you’d like to have a camera that keeps its value for a longer period of time.

♦ Canon U.S.A., Inc. Melville, N.Y., March 21, 2013 – Continuing the quest to deliver superb product innovations, Canon U.S.A., Inc., a leader in digital imaging solutions, today announced the world’s smallest and lightest DSLR* camera: the EOS Rebel SL1 Digital SLR Camera. It features a newly developed 18.0- megapixel CMOS (APS-C) sensor and high-performance DIGIC 5 Image Processor for exceptional image quality and speed.

♦ With its combination of lightweight size, ease of use and outstanding image quality, the EOS Rebel SL1 is perfect for users looking for the ideal camera to bring sightseeing on vacation or to capture the everyday. With this tiny DSLR camera from Canon, and the more regular updates to its current line, there’s plenty of Canon EOS news hitting the blogosphere. PetaPixel reports that a new Canon 70D, an updated 7D Mk II and a possible addition to the entry-level Rebel line is in the works for 2013. For current Canon customers, the launch of a new camera body is bitter sweet; the new models are attractive, but what about their existing equipment? Is it worth it to upgrade right away, or does it make more sense to wait for prices to fall?

♦ The Analytics: Terapeak aggregates all eBay transactions and makes them available to eBay merchants through its flagship application, Terapeak for eBay. The analytics capabilities of the app are equally as useful to researchers and manufacturers as they are to retailers, which are displayed below.

♦ For this analysis, only at new Canon camera bodies were considered, which have been released within the last year. Using the same techniques, one could alternatively analyze used camera bodies, which is what a photographer would use to value his current gear, however this particular analysis is focused on new condition products only.

Product Name: Canon Professional EOS Digital Cameras Depreciate slower.

Rating: ⭐⭐⭐⭐⭐

Available Retail Price: $680 – $6800 Suggested Retail Price range

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From → Canon EOS Lenses

One Comment
  1. i’m actualy disagree with author

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