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Equipment >> Canon Conflab
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Muffin
enthusiast


Reged: 14/09/2006
Posts: 383
New Canon cameras!
      #706482 - 15/09/2008 07:36

Anyone thinking of buying a new camera should maybe wait for the prices to stabilise. The collapse of Lehman Brothers is a global disaster and there will be a domino effect. When people are trying to pay the mortgage there will be no cash left for cameras and Canon have hit the worst time to launch the 50D. Many firms are surviving on the very edge of going broke and people like Jessops will suffer. Cash is king and I would hold onto it and await events.

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Edited by Muffin (15/09/2008 08:32)

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beejaybee
Marvin


Reged: 18/07/2007
Posts: 4967
Loc: Really Here In Name Only
Re: New Canon cameras! [Re: Muffin]
      #706498 - 15/09/2008 09:06

Quote:

Anyone thinking of buying a new camera should maybe wait for the prices to stabilise.


If you're going to have to borrow money to buy one, I agree. If you will be able to pay off your credit card bill in full, or buy out of savings, now is a probably great time to buy big ticket imported items - Sterling is about to crash, the savings in your bank aren't as safe as they might be and inflation will wipe out your savings even if the bankers don't, so you might as well invest in quality big ticket items before they become unaffordable.

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