How low will the used M8 market go?

[abenner]

With the announcement of the M8.2, I'm sure some will dump their M8 with plans to upgrade to the new model. Just yesterday Tony Rose had a used-mint M8 with warranty for $3200 and over at photo.net now there's a used-like new M8 with Luigi case and ZM 25/2.8 for $4100.

How low do you think the market will go? It would seem that anything showing much use and/or without a warranty at this point would be difficult to sell if the price didn't start with a 2...

 

[nanthor]

An attempt to get the price lower so that you can afford one? I will be selling mine soon. I think with the latest price increase and Leica's apparent commitment to the upgrade path, M8's will not only hold their value but probably increase. Bob.

 

[kevin m]

They're digital. Unlike a used film M, there's no telling at what point their prices will stabilize. The idea that they'll appreciate is wishful thinking, IMO.

There's on in the RFF classifieds now for a touch over $3k; when they start selling in the mid-"twos" is when I start shopping. 😀

 

[nanthor]

I remember seeing a similar thread concerning R-D1 prices. After the thread the prices dropped to about $1250, now they are again fetching $1500. It's obvious that the prices will fluctuate but I doubt the M8 will be under $3000 soon. The M8.2 has the same sensor and processing (I think) and therefore should produce the same picture quality and I think it's a $6000 camera. Bob.

 

[abenner]

An attempt to get the price lower so that you can afford one? I will be selling mine soon...

Well I already bought one, Bob, but thanks anyway for the insult/offer.

By the way, how's that 35 Summicron I sent you last week?

Cheers - Aaron

 

[nanthor]

The lens is very nice, thank you, didn't mean it as an insult, I should have put a smile after it. I'm just a little sensitive since I just bought an M8, a great camera but I'm uncomfortable using a 3K camera so I am going to sell it. When the daylight comes and I can take some nice pics of it, it will be offered for a "number starting with a 2" here at RFF. Someone's going to get a great deal. Bob.

 

[bluepenguin]

M8.2's price is high.... so I will just guard my m8 much longer time.

Unless M8.2 price drops down, M8 price will not go down. Who sold M8 at cheap price, they just lost money. 😛

 

[Prosaic]

how is the new Canon priced in relation to it's predecessor the 5D

Its cheaper. The Original 5D was 3300$ I think, the 5D Mk II now starts at 2699$.

 

[nanthor]

Wow. Looks like Leica is keeping up with M8 support in a big way. A new firmware version, made available just hours ago, allows sdhc cards, auto ISO, faster formatting of cards and other improvements, some early adopters are claiming better high ISO performance and nicer looking jpg files. So the camera will now be even more usable and possibly have an even better picture quality. Might be awhile to see it reach the mid-$2000 dollar range. Bob.

 

[sevres_babylone]

I think the new firmware, coupled with the high price for the 8.2, will keep used prices above $3000 for a while.

 

[kevin m]

I think the new firmware, coupled with the high price for the 8.2, will keep used prices above $3000 for a while.

If the firmware update is good for all M8's, you might be right.

 

[yanidel]

I am looking for a M8 and had found one for €2800 in another forum. Yet warranty is out in 4 months. So with the new price of the M8 being €4000, does it makes sense knowing that a repair will probably be €500-€1000 and you get one of the first produced camera ? I could upgrade, but then buying new would just be easier. IMO price has to drop to the €2200-€2400 range or buying new makes more sense. I think that once many M8's run out of warranty period, the price will start to drop in that range.
Anyway, I might go for the M8.2 in the end, looks good 😉

 

[cam]

I am looking for a M8 and had found one for €2800 in another forum. Yet warranty is out in 4 months. So with the new price of the M8 being €4000, does it makes sense knowing that a repair will probably be €500-€1000 and you get one of the first produced camera ? I could upgrade, but then buying new would just be easier. IMO price has to drop to the €2200-€2400 range or buying new makes more sense. I think that once many M8's run out of warranty period, the price will start to drop in that range.
Anyway, I might go for the M8.2 in the end, looks good 😉

the discreet shutter function is one of the things that excited me the most about the M8.2. (IMO, the advance noise on the M8 makes it as noticeable as the R-D1, even if the shutter is quieter.)

the absence of that being available as an upgrade option, has scuttled my plans to by a used one and upgrade it when the i have the funds :bang: i know you think i'm overly sensitive to noise, yanidel, but i think the discreet advance allows you options to shoot in a lot more places.

if i had the money, i'd go for the new one.

as it is, i will continue being M8-less. ah well.

 

[Nh3]

the discreet shutter function is one of the things that excited me the most about the M8.2.

I never really understood this whole "it has to be quite" and "it has to be discreet" reasons which get repeated all the time.

When I use my Leica I'm far more conspicuous because I have to first check the light, then set the shutter and aperture and then focus (if the subject moves its another pain) especially when the light is not the amatuer-loved-sunny-16-verity and one has to work with wider apertures.

Secondly if you want the quite shutter for mostly indoor shots then you have to work with a wide apreture which makes critical focus a must so you stand there focusing while everyone notices you. And of course if you're on the street with good light and working with f8+ aperture then you don't need the quite shutter because its the street and its noisy!

Anyway, I think those who actually take photos will never buy these expensive toys for serious work. M8 and M8.2 are 'average cameras' but highly desirable toys... and as the saying goes, boys love their toys, which raises another interesting question, 'how many women out there own a M8?'

 

[aizan]

the black chrome m8 will depreciate faster because the black m8.2 is black paint, while the silver chrome m8 will lose less ground to the silver chrome m8.2 because they look the same.

aside from that small detail, i expect prices will go down another $1200-1000, if not more should people seriously consider the LUP.

 

[Not So Still Life]

Anyway, I think those who actually take photos will never buy these expensive toys for serious work. M8 and M8.2 are 'average cameras' but highly desirable toys... and as the saying goes, boys love their toys, which raises another interesting question, 'how many women out there own a M8?'

I'm the only woman I know who was one of these, but I love it. As for serious work, while I did have a Canon around my neck at the same time for backup, I shot my last three weddings entirely with an M8. The plan is to soon be shooting them with two M8s and if the R10 comes out and is digital, I'll work that into the mix also.

- Danielle

 

[dcsang]

I never really understood this whole "it has to be quite" and "it has to be discreet" reasons which get repeated all the time.

When I use my Leica I'm far more conspicuous because I have to first check the light, then set the shutter and aperture and then focus (if the subject moves its another pain) especially when the light is not the amatuer-loved-sunny-16-verity and one has to work with wider apertures.

Secondly if you want the quite shutter for mostly indoor shots then you have to work with a wide apreture which makes critical focus a must so you stand there focusing while everyone notices you. And of course if you're on the street with good light and working with f8+ aperture then you don't need the quite shutter because its the street and its noisy!

Anyway, I think those who actually take photos will never buy these expensive toys for serious work. M8 and M8.2 are 'average cameras' but highly desirable toys... and as the saying goes, boys love their toys, which raises another interesting question, 'how many women out there own a M8?'

Let's see...

1) regardless of what camera you own; a Leica M, an Epson RD-1, A Canon DSLR, a Nikon DSLR, a Pentax Medium Format, any number of P&S cameras or an iPhone 3G - you'll get noticed the moment you hold up the camera to a) look into the viewfinder or b) look at the LCD screen because a viewfinder is non-existent. If you use a DSLR with an extremely long lens (200mm or longer) then you'll get noticed merely because of the size of the camera / lens. Will the subject notice you?? Maybe not but those around you will notice you and if you're aiming the thing at any child in a public space; you're almost guaranteed (nowadays) to attract the attention and potential ire of the local officials (police, gendarme etc.)

2) quiet shutters are only good in a funeral, a really really quiet wedding or a recital of some sort (music/poetry/reading/play etc.). For family get togethers you can just as well use a P&S camera that has a "silent" shutter - you're more apt to get "natural" or "decisive moment" shots with those nowadays.

3) Danielle may be one of three women that I know are using the M8. Cindy Flood and Maggie Osterberg are the two others that are members here at RFF. There are likely more P&S cameras (in general) out there than any other type of camera rigth now - no stats to back that up but I'm just basing that on what I see people walking around using.

Dave

 

[cam]

I never really understood this whole "it has to be quite" and "it has to be discreet" reasons which get repeated all the time.

When I use my Leica I'm far more conspicuous because I have to first check the light, then set the shutter and aperture and then focus (if the subject moves its another pain) especially when the light is not the amatuer-loved-sunny-16-verity and one has to work with wider apertures.

Secondly if you want the quite shutter for mostly indoor shots then you have to work with a wide apreture which makes critical focus a must so you stand there focusing while everyone notices you. And of course if you're on the street with good light and working with f8+ aperture then you don't need the quite shutter because its the street and its noisy!

Anyway, I think those who actually take photos will never buy these expensive toys for serious work. M8 and M8.2 are 'average cameras' but highly desirable toys... and as the saying goes, boys love their toys, which raises another interesting question, 'how many women out there own a M8?'

you and i obviously have very different ways of shooting. whilst i don't hide the fact that i'm doing so, i'd rather not draw any further attention to myself with the noise. i live in a quiet section of the city and typically prefer to shoot less busy scenes which means that camera noise is a big concern of mine.

as for your comment "those who actually take photos will never buy these expensive toys for serious work," that is utter bull. if you like using a rangefinder and prefer to shoot digitally, your options are quite limited. i am currently using, and loving i might add, the Epson R-D1. my biggest issue with it *is* the noise factor.

you can continue with the snobbery that the M8 can't be used for serious work, but you'll only be preaching to the choir. there are many who think just like you do -- but there's also many who prove you wrong by their excellent work.

i am a woman, by the way. and i would own an M8 if i could afford it.

women like their "toys" too.

 

[cam]

3) Danielle may be one of three women that I know are using the M8. Cindy Flood and Maggie Osterberg are the two others that are members here at RFF. There are likely more P&S cameras (in general) out there than any other type of camera rigth now - no stats to back that up but I'm just basing that on what I see people walking around using.

and now i see why the **** they don't post here anymore. what a sexist pile of crap! P&S, of course, being the lowest of the low on your totem pole, i'm sure.

women being fine to shoot, but god forbid they be behind a "real" camera?

 

[tomasis]

Anyway, I think those who actually take photos will never buy these expensive toys for serious work. M8 and M8.2 are 'average cameras' but highly desirable toys... and as the saying goes, boys love their toys, which raises another interesting question, 'how many women out there own a M8?'

what are you doing here? and still falling a sexistic remark. I would get the moderator to review your post.