One final reminder that the Canon mail-in rebate is scheduled to expire tomorrow, January 31st. We’ve heard that the lens rebates won’t be extended at the same rebate value (although bodies we hear will be).

As it takes a few hours to do the street price process we strongly recommend you confirm your street price order before 1 PM ET today (that’s 3 hours from now). It may be possible, in some cases, to confirm your street price order as late as 11:59 PM tomorrow, but that’s cutting it close!

Check out the street prices. Historically, the Canon holiday mail-in rebates (which these are) result in the lowest prices of the year. You don’t need to receive your purchase before tomorrow, you have until March 2nd to submit the mail-in rebate.

We have been told by a few people that the Canon lens rebates will not be renewed in their current form. We’re told that the next round of rebates will provide smaller rebates on lenses, and only when you buy lenses at the same time as a camera. As a result, we’re expecting the effective prices to go up after Saturday, January 31st, when the current rebate ends.

It’s not too late to take advantage of the street prices — as long as your order is entered by Friday, you can still take advantage of the mail-in rebate, you don’t need to receive your purchase before January 31st. Good thing too, as shipping will likely disrupted for many due to the blizzard on the East Coast! (Please stay safe.)

The current street prices are quite close to the historic lows. For example, the authorized dealer street price on the EF 70-200mm f/2.8L IS USM II ($1849 AR) is close to the historic-low price for the lens. Same as for the EF 24-70mm f/2.8L II USM ($1699 AR). We probably won’t see these prices again until the Holiday 2015 rebates (our guess). Check out the price graph below for the 70-200 II to see the trend. The graph shows the lowest advertised authorized dealer price over time. The best prices occur during the November/December/January season, which we’re just about to exit.

Thanks to the recent unexpected price drop, our most popular street prices at the moment are the:

• EF 24-70mm f/2.8L II USM for $1699 AR
• EF 70-200mm f/2.8L IS USM II for $1849 AR

Both are brand new, after the Canon $150 mail-in rebate, from Canon USA authorized dealers with a full Canon USA warranty. Guaranteed delivery before Christmas with free shipping.

These are the lowest street prices we’ve ever had for these lenses, and the lowest price we’ve seen since the sales in December 2013. These prices are bringing out a lot of first-time street price users (and the usual skepticism)! For their benefit here’s a quick recap of what street price is all about:

In April of 2014, Canon began strictly enforcing their Minimum Advertised Price policy which forbids retailers from advertising items for sale below a certain mandated price. It doesn’t prevent stores from having deals, it just prevents them from telling you about it. The “street price” is a price we know some retailers are willing to sell at. You can fill out the contact form on a product’s page to get in contact with us, and we can help you obtain this price, from a Canon authorized dealer with full Canon USA warranty. All items are brand new, eligible for mail-in rebates, come from reputable retailers with return policies, free shipping, and no tax to most states. Street price orders generally ship out the same or next day.

Thousands of readers have now done street prices this year, you can read their stories here (please write a review if you’ve done it!), or you can read the street price FAQ for more details.