The latest model is the Canon EF 70-300mm f/4-5.6 IS II USM, going for $500 in new condition at authorized Canon USA dealers such as B&H Photo and Adorama. The first generation goes for $450 in new condition. Given the $50 price different, if you are gonna get the first generation…
… then you might as well get it in manufacturer refurbished condition with a 1-year Canon USA warranty for $230 with free shipping from the official Canon USA store. That’s almost half the price! Zoom-zoom!
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