CORRECTION: This is NOT the STM version of the lens. This is the IS II version of the lens. We regret the error and apologize for any inconvenience.
The Canon Direct Store has a one-weekend sale: they’re offering 50% off the refurbished EF-S 55-250mm f/4-5.6 IS II for only $119.99. Compare with $265 new at most other authorized retailers.
They only have 153 in-stock at time of post. Free shipping.
We’re also seeing a large build up of refurbished inventory at the Canon Direct Store. That suggests that another refurbished sale on lenses and bodies may be coming soon!
Maybe (hopefully) this big price drop is a sign of the STM version soon becoming available as refurbished.