30% Lens Price Increase - UK

dcsang

Canadian & Not A Dentist
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For those that don't browse or read the Leica User Forum, there's a thread over there that has Red Dot Cameras stating that there will be a 30% price increase on new M lenses starting May 1. Red Dot is a Leica dealer in the UK.

The statement is on Red Dot's homepage.

I'm not sure if this is something that will impact all retailers or whether it's just that retailer that is raising the price.

This is just an FYI for those looking at new Leica lenses.

Cheers
Dave
 
Given that the Pound hasnt really changed against the Euro I think that if they try this on that Leica sales in the UK will dry up pretty quickly.
 
Given that the Pound hasnt really changed against the Euro I think that if they try this on that Leica sales in the UK will dry up pretty quickly.

Well, in the last six months the British Pound has dropped from about 1.48 to about 1.25 to the Euro...that is about 18% difference...
and if you look at today's UK price list you could buy for instance a Noctilux (well that is if you can find one) at £ 3250 (at today's 1.25 exchange rate that would be 4,060 euros) while the European price is 4,795 Euros- that is in the UK is 700 Euros cheaper- or say a 24mm Elmarit 2.8 ASPH at £1,750 (€2187) while the european price is €2995 (800 euros more expensive than the UK...).
And the list can go on...
Funny though how things change...the UK was the most expensive place to buy Leica gear until not long ago..!
 
LV1962 is spot on about the exchange rate which is having a substantial impact at exactly the worst time on the economic climate - a very real potential tipping point. I suspect that a 30% increase in one move could prove catastrophic for the photographic retailers who will see their customer base vanish.

Peter
 
Ouch.. I should correct the title - I just checked a local retailer and, yep, prices are going up.

I had been looking at the 28mm Elmarit ASPH because I thought it was a steal at $1599 - not anymore - I just checked the price again and it's now at $2199 - B&H still has it at the $1595 price tag... the $600 increase in price is about 31%.. OUCH...

Dave
 
Given that the Pound hasnt really changed against the Euro I think that if they try this on that Leica sales in the UK will dry up pretty quickly.

If you were paid in pounds, or worse still US dollars, you'd be singing a different song.

The worst bit is that it was precipitated by stupid, greedy mortgage lenders and borrowers -- a textbook illustration that while capitalism may be the least worst system yet devised, it's still a very long way from perfect.

Cheers,

R.
 
Well....once again the basic idea os supply and demand seems to have been ignored. By the powers that be. From Leica end and the Red Dot end of things. I mean do the people hidding in the shadows of this arragement really think people are waving their wallets, scream....Hey, Can I pay more!! So this will become another case of finding another way for the Leica folks to shoot themselves at close range.

Iam rather amazed as sales are already so slow it's a joke. On major american chain who was a big Leica seller has nothing in it's main wareshouse and will not allow any Leica equipment to be ordered unless prepaid !!

Oh and Roger all of the mortgage programs that have wipped out so many people were developed and approved the folks at the Fed. Home Lending Bank. And then law had to specially passed by both parties in both houses of congress and then signed in to law. Also the ultimate group to benefit form the origination of these loans is the Federal Govt. The borrowers in most cases were lied to about what would happen and also they dropped the qualifying requirements other wise most of the vicitms could not have been duped into the loans. So once again big brother is looking out for our money.!!
 
Zeiss is looking good and Cosina must be reveling in the news.

Ain't that the truth Keith...

At $1599, while the Leica 28mm Elmarit wasn't "cheap", it certainly was "reasonable" considering the reviews and the fact that it was a new version of the lens. Now, @ $2199, that just seems ridiculous.... unless, of course, the magical gnomes that are making the lens unionized, decided to strike, and negotiated a wicked deal with upper management.... 🙄

Dave
 
Cosina Zeiss lenses work well on the M8, from internet photos I've seen, Dave. I'd save my clams for the 18/4 .
You may have seen this (really these, since there are links to other) threads on another forum:
http://forum.getdpi.com/forum/showthread.php?t=853
Check out the photos of the Moab desert by Mansuco.
A bit late but congrats on your new M8!!!

P.S. Roger Hicks, when is the 18 review coming out?
 
All the more reason to buy Zeiss ZM and CV lenses. Leica are utterly paking the p1ss with their pricing and the summarits only seem sane in comparison to the asph lenses. A summarit 35 is still double the price of the new ZM 35 2.8 (well, once it has settled in price it will be) and the same applies to the 50 summarit and Planar, which happens to be faster to boot. Considering the astounding results I get from these lenses, leica lenses are really hard to justify at their current prices. The 21 elmarit asph is over three times the price of the 21 2.8 ZM. I guess some are buying them though!

PS. Having printed hundreds of black and white negs from these lenses a few weeks ago, the contrast issue just aint there. I found myself regularly printing at grade 3 to 4 and getting beautiful prints without any issues with blown highlights. Where highlights were hot, due to extreme contrast thanks to the Afghan sun, a quick preflash sorted things nicely....and I still then employed grades 3-4. I know this is deviating slightly, but the contrast issue is often cited as a gripe against the ZMs, which may hold true for digital or trannie use, but for Mono it is not even remotely worth worrying about. These lenses are outstanding and the value for money is apparent when you see the prints. Pin sharp edge to edge, incredible clarity, smooth OOF and decent contrast. I also had no issues with poor microcontrast or plasticky skin tones...only sharp, smooth good contrast prints every single time....regardless of apertrure. And NO FLARE anywhere.
 
Zeiss is looking good and Cosina must be reveling in the news.

US prices for lenses by both of these manufacturers are surely heading upwards. Cameraquest just increased US dollar prices again on some CV lenses (as of May 3rd)...

Great to hear about Turtle's happy experience with Zeiss!
 
Well....once again the basic idea os supply and demand seems to have been ignored. . . . So this will become another case of finding another way for the Leica folks to shoot themselves at close range.
The law of supply and demand comes second to selling at a profit, because if you can't sell at a profit, you'll soon go bust.

Fortunately there are other markets. It would be interesting to know the percentage of Leicas pouring into China, for example.

Cheers,

R.
 
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