Heads Up: Leica M9 For Sale

That is pretty funny when selling price of used gear is more than it costs new :) but then again if its impossible to find then market forces win :)
 
Street price ~$7200 (USD). 20% discount for being a used camera and non-transferable warranty = $5760 resale value.
 
Funny that a used $7000 digital camera priced as new is referred to as an "insane deal". I'm not saying it's a bad deal, but "insane" is probably going a bit too far.
 
FM ad said:
[FONT=Verdana, sans-serif]Wonderful camera with maybe around 1000 shutter fires. No column defect. No "picture in picture" issues.[/FONT]
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I haven't been following reviews as I'm not in the market for one, but are there already known issues with the camera? The ad seems to suggest so.
 
Lets say you buy a Porsche Cayman and drive it from San Diego to San Francisco - 1000 mile trip. A month later you want to sell it for the same brand new price.

Everybody knows there's a $5000 loss (10%) for just driving it around the block!
 
I guess it depends on how badly you want one. Many people would buy it to avoid the waiting list delay. I'm not an early adopter, usually. But many folks want it NOW.

I agree, though, that buying a used digital Leica has risks.
 
I saw one for sale from a dealer, demo camera like new with full warranty for $6500. For a minute I thought about it, then my brain turned back on and I laughed at the notion of spending that when all I want are clean B&W negs, which I get with my M2 and Tri-X.
 
A little patience the M9 will bottom out like the M8. Lightly used M8 sell for 50% off the new price. In a year you'll be able to snag lightly used M9 for $4000 or so..
 
35mmdelux said:
A little patience the M9 will bottom out like the M8. Lightly used M8 sell for 50% off the new price. In a year you'll be able to snag lightly used M9 for $4000 or so..
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You're certainly right about the M8, but my guess is that M9 prices won't come down that fast. The M8 prices have been influenced by a number of factors, namely performance problems, newer models available, plus there are a lot of them for sale. There won't be that many M9's coming up for sale used, there are unlikely to be any newer models or any true competitor (full frame digital RF), and we don't really know about performance issues yet. But that's just my thought.
 
As long as what the seller says is true the new owner can still register the camera as under their own name with warranty using the empty warranty card and copy of a receipt. I don't think leica would have a problem withthat considering it is a brand new camera.
 
35mmdelux said:
Street price ~$7200 (USD). 20% discount for being a used camera and non-transferable warranty = $5760 resale value.
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Logically yes, but considering there's a several month waiting list for the M9, don't be surprised if this camera sells, and fast.

Jim B.
 
A seller can always negotiate down.

The $5700 price seems about right to me.

I have all the Leica lenses I will ever want, and have been buying Nikkors for my D700. Old AiS lens are so cheap they seem free and there is nothing wrong on how they work on the digi Nikons. Even the auto focus primes are reasonable.
Sure they are not a perfect a Leica wide open, but I am a 5.6 person so they please me.
 
Vic said:
The M9 sold!

I think one of the major reasons the M8 price dropped to the current level is due to the introduction of the M9. What do you think?
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Not being argumentative...EVERY SINGLE Leica M traded on these pages has depreciated 50% or more within a fairly short amount of time. In practicality they're still fantastic cameras but that's how this business works. When the M8, and subsequently its upgrades, came on the market never in my wildest dream could I believe you could buy them at $2000 with impunity a couple years later. The M9 may/may not have issues to iron out - not enough is known yet. However, digital being what it is the M10 will surely knock the M9 a few pegs.
 
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