HSBC is offering its Hong Kong credit card customer the GRD2 for redemption at a price of HK$3,200 or 800,000 reward points. The local dealer for Ricoh cut the price of GRD II to HK$3,900 for Christmas.
In a previous discussion in December 2008, I gathered the possibilty of the price cut as a way to shed the stock of GRDII:
"Around nine months before the release of GX200, HSBC offered its local VISA card customers an approximately 30% off the price of GX100…. Some informed GRDII users commented that the release cycle of GRD model was two years. GRDII was released in October 2007. The cycle for GRDII will come to an end in ten months."
Interestingly, and a good news too, the dealer is giving a 40% discount off the original price of GRDII. The guess above is fairly close I think.
This is a real good deal for anyone (HSBC credit card customers) who finds the GRDII his or her cup of tea. Otherwise, if you can afford to wait, the GRDIII will see the light of the market this summer.
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