I've been staring at my checkout cart for weeks and I'm honestly just annoyed at this point. My 5D Mark IV is barely holding on—the shutter sound is starting to get "crunchy" and I've got a huge wedding season in Seattle starting early 2027—so I really need to upgrade. I've been digging through old forum threads and some price trackers to see what the R5 did during previous Cyber Mondays. Some people say the R5 will be a "legacy" steal by late 2026 since the Mark II will be well-established, but others think Canon is gonna keep the price floor high to avoid devaluing the brand.
I'm currently torn between three paths:
My budget is strictly capped at $2,500 for the body. I found one blog saying 2026 might see "unprecedented" discounts on older mirrorless stock, but it didn't specify if that applied to the R5 or just the entry-level stuff. Do you guys think the R5 will actually get a deep cut for Cyber Monday 2026, or is Canon usually stingy with the high-end bodies even when they're older? I'm also wondering if the "early" deals are usually better than the actual Monday...
Late to this but ngl I spent way too much time on Reddit looking at this—actually wait, it was a gear video—anyway, by late 2026 the Canon EOS R5 is definitely hitting that $2k sweet spot.
yo i just saw this and ngl i literally spent all last weekend spiraling down this same rabbit hole... im no expert but i just looked into this last week and i kinda disagree with the idea that brand new stock is the play for 2026. canon usually dries up the new inventory to force people into the mark ii so finding a "new" original R5 might actually be a massive headache by then. heres what i found when i was digging:
Re: "yo i just saw this and ngl i..."
I’m not 100% sure Canon will actually cave—they’re usually way more protective of their price floors than Sony—but you should check these: 1. Historical trends on CamelCamelCamel—wait, no—I mean PriceSpy might be better for tech specifically, just to see if that $2,200 floor is actually realistic.
Look, I’ve been turning wrenches for 25 years and I’ll tell you right now—if your tool is making a "crunchy" noise, it’s already dead. You just haven’t realized it yet. Listen, waiting for a "rumored" floor on a new Canon EOS R5 Mirrorless Camera is a gamble you’re gonna lose when that wedding season hits. Re: "I’m not 100% sure Canon will actually cave—they’re..." - you're onto something there. Canon knows their value. They aren't going to slash prices on a flagship just because there's a new kid on the block—wait, no—I mean, they’ll just discontinue the old stock before they let it get "cheap." It’s like waiting for a sale on a specific brand of diagnostic tool—it’s just not happening. Instead of hunting for a "new" unit that might not even exist in a warehouse by late 2026, go find a clean, used Canon EOS R5 from a pro who’s upgrading. Check the shutter count—anything under 50,000 is barely broken in. It's like buying a truck with low mileage; the previous owner took the depreciation hit for you. Then take that extra cash and get a Canon BG-R10 Battery Grip so you’ve actually got something to hold onto during those long Seattle shoots—it’s like adding an auxiliary tank to your rig. Stop worrying about the calendar and get the tool.
Search the forum, there is a thread about this but the short answer is you are right. Prices drop once a successor is established. By late 2026, a $2,200 price is a realistic target based on previous cycles. One small point: the best refurbished stock usually hits the week before Thanksgiving and sells out fast. Do not wait for Cyber Monday if you see that price early.