Price Increase on 16/18/21 eff. Aug 1

Ever since earlier this year, with reports of Leica lenses being so backordered, it's pretty predictable that the prices will go up. I decided to bite the bullet and buy all the lenses that I would want before that happened. Didn't buy the WATE though. I wouldn't be surprised if the other lenses go up also.

Jan
 
They have to recoup their losses somehow don't they? I supose the warrenty problems with people having to send their M8s back to Solms was pretty expensive for the company I would think.
 
gb hill said:
They have to recoup their losses somehow don't they? I supose the warrenty problems with people having to send their M8s back to Solms was pretty expensive for the company I would think.
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Maybe they should have thought of that before releasing such an un-tested product with so many defects?
 
johnastovall said:
Maybe they should have thought of that before releasing such an un-tested product with so many defects?
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I don't think hardly any of the manufactures do the testing of their products anymore. Look at all the recalls that go on in this country. I wonder if the reputation of the Leica name that has been so built up by collectors & users have so gone to their heads that they thought that there couldn't possibly be anything that could go wrong with the M8.
 
gb hill said:
I don't think hardly any of the manufactures do the testing of their products anymore. Look at all the recalls that go on in this country. I wonder if the reputation of the Leica name that has been so built up by collectors & users have so gone to their heads that they thought that there couldn't possibly be anything that could go wrong with the M8.
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M8 digital camera belongs to television technics; absolute different from the manufucturing of mechanical (electronic) cameras!

Leica can better let make her digital cameras (M8, M9?) with the TV manufacturers like Panasonic , Philips or Sony!

The core business of Leica is making optical lenses and mechanical 'film' cameras!
 
CameraQuest said:
Not confirmed yet.

Stephen
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Confirmed in Germany ( Newsletter of the dealer "Leica bei Meister") are € 4800.-, from 1st of October on. No clue what the current Dollar is in Euros, should be something like $ 6000,- now.

bertram
 
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greggebhardt said:
I think it is more demand with very little supply. This always cuases price to go up!
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It rarely results in a manufacturer increasing the prices in this manner (30+ %) - you see, they control the supply and choose the formula for maximizing their profit. Retailers will many times take advantage of market scarcity to wildly increase prices, even if their cost remains the same.

Prices of scarce production items like hot new cars, video games, and also other camera manufacturers products have not been raised by manufacturers for soley that reason, in my experience. Some have said the increase may be in response to a weakening dollar, but this may be a global increase.

Maybe the price of Portuguese labor has taken a huge jump, forcing a reluctant Leica to respond? 😀
 
Bertram2 said:
Confirmed in Germany ( Newsletter of the dealer "Leica bei Meister") are € 4800.-, from 1st of October on.
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Actually this source has been the only one so far. Cameraquest did not give a confirmation, so that still leaves the question unanswered: Has this been confirmed yet?

Boen
 
Confirmed in Germany see also here:
Leica erhöht Preise für M8 und Tri-Elmar
.. Die M8 und das Tri-Elmar 4/16-18-21 mm ASPH. sollen ab Oktober 2007 deutlich teurer werden:
Wie Leica bei Meister just in seinem Newsletter mitteilte, will Leica den Preis der M8 zum 01. Oktober 2007 um stattliche 600 Euro auf 4800 Euro anheben. Noch deutlicher fällt der Preisaufschlag beim Tri-Elmar 4/16-18-21 mm ASPH. aus: stolze 4700 Euro will Leica künftig dafür haben (aktuell 3500 Euro; Preise jeweils inklusive Weitwinkelsucher M)...
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http://www.photoscala.de/node/3429
 
gb hill said:
They have to recoup their losses somehow don't they? I supose the warrenty problems with people having to send their M8s back to Solms was pretty expensive for the company I would think.
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Errr... Financial reports suggest rather the opposite with the company moving into the black.....


Joop van Heijgen said:
M8 digital camera belongs to television technics; absolute different from the manufucturing of mechanical (electronic) cameras!

Leica can better let make her digital cameras (M8, M9?) with the TV manufacturers like Panasonic , Philips or Sony!

The core business of Leica is making optical lenses and mechanical 'film' cameras!
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I must return mine to Solms; CNN reception is lousy!
 
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16-18-21 lens, or any current new Leica lens, isn't on my radar. Not with all the fine used ones out there, plus the Voitlander and Zeiss. As for the M8, supposedly the price went up from $4800 to $5000 on July 1 but some of the US dealers have not upped their price. And I assume (perhaps incorrectly) those dealers would be attracting customers away from those who did raise prices. That was true in my case and at least one other I know of personally. I have no reason to get a second M8 (will use RD1, DLux2 or M6+film as emergency backup) but I wish Leica well if they increase the M8 another $900. Raising prices on digital cameras a year into product life is definitely a novel strategy 🙄
 
Hmmm. I had just about rationalized a purchase of the WATE at the old price.

But, cripes, $6000 for any lens is simply ridiculous. It extremely hard for me to imagine anyone buying this lens now.
 
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