When is the best time to buy a camera?

Question

I've read on a forum that after a new camera is launched one should wait about 6 months before buying it, because the it'll wear out the "novelty price" and it won't get much cheaper after that. Is it true?

I'm planning to buy a Nikon D3100.

Answer

If cost is your biggest concern, the best time to buy a model of camera is when the next one comes out. Then you can purchase the 'old' model at a discount, or even better, buy gently used from those that are desperate for the new model. This requires patience and self-control, which among us camera geeks, can be in short supply as it relates to camera gear.

This works with cars too ;)

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