Canon has begun a limited-time program to promote choose cinema cameras by means of a 4-year curiosity free contract, letting would-be filmmakers repay a big digicam buy at a tempo they’ll afford.
We’ve all finished it: You head to B&H or an analogous digicam gross sales web site and drool over a cinema digicam you merely can not afford. After I first began taking a look at cameras like this, Canon’s C700 Full Body was the highest of the road for auto-focus-capable full body cameras, and it nonetheless is available in at a whopping $33,000 (CineD evaluate). I used to be by no means remotely in a position to make that type of buy with my very own cash – however a man can dream, can’t he?
Now, Canon is launching a brand new program that provides 48 months of 0% curiosity, pending a profitable credit score examine. That provides you 4 years to repay the complete buy worth with out paying a cent over the up-front price.
One fast notice: That is not a paid advert for Canon, simply a chance many CineD readers positioned in the US might discover helpful. Should you resolve to make a purchase order by means of our B&H affiliate hyperlinks, we get a small fee. (Learn our ideas right here in case you are unfamiliar!)
Which cameras are eligible for 4-year curiosity free?
There are, principally, two cameras lined beneath this deal: the EOS C500 Mk II, and all flavors of the EOS C700, together with the Super35 model (each EF- and PL-mount), the Super35-with-global-shutter model (PL solely), and the complete body model (EF or PL).
Sure, my $33,000 beloved is roofed beneath the deal – however given how far cameras have come for the reason that launch of the C700 in 2016, the far more reasonably priced C500 Mark II often is the smarter package deal, as seen right here, in CineD’s personal lab take a look at. All retailer hyperlinks could be discovered under:
To finance new, or to purchase used? That’s the query.
Let’s assume that you simply’re going to repay a financed digicam inside 48 months, which means that you simply gained’t pay a cent over the common new worth – would you may have been better-off scraping collectively sufficient to purchase that very same digicam used, in a single cost?
The reply, to me, comes all the way down to how lengthy you anticipate to be utilizing the digicam. Excessive-end cinema cameras are likely to have for much longer shelf-lives than mirrorless cinema/video cameras, just because they have an inclination to have superior dynamic vary. By way of easy taking pictures modes, the C700 isn’t all that spectacular, relative to one thing just like the equally full body EOS R5, however that tiny taking pictures platform can’t pull as a lot knowledge out of its censor because the C700; ease-of-use apart, this tends to be a differentiator for actually professional content material.
Should you suppose you’ll use the digicam for a decade-plus to return, then the guarantee and additional general lifetime of a brand new unit needs to be greater than value the associated fee. Alternatively, in case you suppose you is likely to be over your buy the day you pay it off 4 years from now, then it’s possible you’ll be higher off with a less expensive, used model. Should you’re going to promote the factor used, you’ll lose much less cash on the alternate in case you beforehand purchased it used, your self.
This deal is nice sufficient that you must a minimum of take into account long-term financing as an possibility. Month-to-month funds could be simpler to deal with, even given a bigger general buy worth. Simply bear in mind to pay all of it off inside 4 years, or a lot of the benefit of this program goes out the window.
Would you purchase a digicam by means of long-term financing, or ought to budget-conscious filmmakers flip to the used market, as a substitute? Tell us within the feedback under!