M10 has destroyed the used market

Only after the M240 was introduced, the M8 prices dropped very quickly.
The rule is: the previous model keeps some value, but after that is is dead weight.
 
They just bought it... had no idea the M10 was a month away...

The month before?
Due diligence would have noted the crescendo of rumours and "leaks" let alone the time from introduction to new models being fairly predictable.

M8 – 2006
M9 – 2009
M (Type 240) – 2012
Leica M10 - 2017

Actually well overdue, did they think the Type 240 was going to be end of line?
 
If your initial purchase was secondhand then Leica seems pretty decent. I bought an M8 in 2007 for £1800, I sold it for the same amount shortly after as I didn't get on with the colours, Looking at the completed listings on ebay now, ten years later, they seem to be going for just over £1000-£1100. That seems pretty good to me. Do Canon and Nikons of similar vintage hold their price as well.
I bought an M-P about four months ago with extra battery, Olympus EVF, and the multifunction grip [£600] for £3500, I reckon I can get a good percentage of that back when I come to sell whenever that is. The big hit is from new, but that goes for just about anything.
 
This...
If you buy secondhand and well you can use a Leica Digital Body almost for free for a number of years and then sell it on. I don't see M240 prices having dipped much beyond what I paid two years back.
If you buy new it's a different story of course. But I bet it's nice buying something new.

If your initial purchase was secondhand then Leica seems pretty decent. I bought an M8 in 2007 for £1800, I sold it for the same amount shortly after as I didn't get on with the colours, Looking at the completed listings on ebay now, ten years later, they seem to be going for just over £1000-£1100. That seems pretty good to me. Do Canon and Nikons of similar vintage hold their price as well.
I bought an M-P about four months ago with extra battery, Olympus EVF, and the multifunction grip [£600] for £3500, I reckon I can get a good percentage of that back when I come to sell whenever that is. The big hit is from new, but that goes for just about anything.
 
Question: I'm considering moving from my M-P bought last year to an M10 mostly because of the VF changes. Does anyone know if the warranty is transferrable? If it is, that might push me into making a decision.
 
Question: I'm considering moving from my M-P bought last year to an M10 mostly because of the VF changes.

Do you find the VF that much different? I compared it to my M, and you still cannot see the 28mm frame lines if you are wearing glasses. It is a little larger but not in any way that would aid my photography. I see the 35mm frames just fine on my M, and the 28 frame is bad with both. Just one is a little less bad.
I feel the same way about the shutter sound! I could barely tell a difference and I'm not deaf. I said, I'm not deaf!
:D

It really has made these second hand Ms a screaming deal.
 
I'm going to send in my M9-P for the sensor replacement and shoot with an X100 while it's gone, I think.

Hey, you're not planning on raiding my camera drawer, are you? ;)

I brought my M9-P to Leica NJ for a sensor replacement last year, and enjoyed a second honeymoon with my X100. But it was taking so long for them to get a batch of the new model sensors, that I jokingly suggested they send me a loaner. Three days later I was shooting with an M240. It was a fun camera, but I was happy to get my M9-P back.

BTW, you'll get a new sensor, but you'll lose the lovely hard vulcanite covering -- Leica doesn't make it any more -- they'll replace it with the softer M240 covering. (Unless you get them to put on a fancy a-la-carte leather covering.....)
 
Hey, you're not planning on raiding my camera drawer, are you? ;)

I brought my M9-P to Leica NJ for a sensor replacement last year, and enjoyed a second honeymoon with my X100. But it was taking so long for them to get a batch of the new model sensors, that I jokingly suggested they send me a loaner. Three days later I was shooting with an M240. It was a fun camera, but I was happy to get my M9-P back.

BTW, you'll get a new sensor, but you'll lose the lovely hard vulcanite covering -- Leica doesn't make it any more -- they'll replace it with the softer M240 covering. (Unless you get them to put on a fancy a-la-carte leather covering.....)
Or replace it by something nice by Cameraleather:cool:
 
Given the M10 is on backorder, it honestly might be cheaper and faster to just get the M10 finder put into the M-E.

You can't. The magnification change is because of the physical difference in body thickness. Otherwise the VF is essentially the same between the cameras.

Marty
 
You can't. The magnification change is because of the physical difference in body thickness. Otherwise the VF is essentially the same between the cameras.

Marty

That's what I suspected. Plus, losing video is a plus to me, and the reported faster operation, and the better EVF (something I actually use.)
 
Or replace it by something nice by Cameraleather:cool:

My last order from them took months and months to show up, then did not fit properly. Previous orders fit perfectly, still took a long time to arrive.

Aki-Asahi show up super quick (days) and fit perfectly.
 
M10 has destroyed the used market

Relieved that I traded my M-P for my M10 at the local Leica Store... got 4.3k for it.

(first week of the new camera, before all the depreciation)
 
Hey, you're not planning on raiding my camera drawer, are you? ;)

I brought my M9-P to Leica NJ for a sensor replacement last year, and enjoyed a second honeymoon with my X100. But it was taking so long for them to get a batch of the new model sensors, that I jokingly suggested they send me a loaner. Three days later I was shooting with an M240. It was a fun camera, but I was happy to get my M9-P back.

BTW, you'll get a new sensor, but you'll lose the lovely hard vulcanite covering -- Leica doesn't make it any more -- they'll replace it with the softer M240 covering. (Unless you get them to put on a fancy a-la-carte leather covering.....)

Damn. I like my Vulcanite!! Glad to see there's a place where I can get some aftermarket stuff.

I picked up a Pen-F, too.
 
Damn. I like my Vulcanite!! Glad to see there's a place where I can get some aftermarket stuff.

I picked up a Pen-F, too.

Yeah, the Vulcanite was great. The new covering always feels a bit grimy to me, even if it isn't (if that makes any sense). The X100 has a nice covering as well -- not as pebbly as that on the M9-P, but still more pleasing than the M240 covering.

Not sure if I'd be brave enough to strip off Leica's replacement covering and apply an aftermarket solution. Let us know how it goes!

Mmmm, I handled a Pen-F at B&H a few weeks ago, and it was very attractive. But I'm going to resist opening myself up to GAS attacks in a whole new lens system for micro-4/3....
 
I bought my M-D the week before the M10 was released, but when specs were out and pre-order fever was well underway. My camera was gently used (500 clicks) and came like new with box and papers for $4800.

Almost three months later and I remain absolutely delighted with it, and while I was very excited with the M10 (more the viewfinder than anything else), the M-D remains tied with the original CCD M Monochrom (mine is still at Leica NJ for RF calibration) my favorite digital Leica.
 
Hi everyone, I'm new here. Came here for the same reason that many, looking info about my next purchase ... :D

I've been watching the new and used market for months trying to decide. I was up for an M262. Then the MD came out, oh what a beauty! Then the M10 came out ... Slimmer sexy body, physical dial for the ISO, higher ISO, and faster processing. For sure looks great.

Anyway, after narrow it down to 2 cameras, I'm going back and forward in between the 262 or the M10. But that is another story.

The point here is that I've been watching what the used market has been doing and this is how I see what is happening. Well, maybe I see it in a more theatrical way than it really is :rolleyes: :D

If you look closely to it, most of the "great deals" are M240s. The M262 is not depreciating as much and there are not that many out there, at least not as many as 240s. Why? Well, I believe there are couple reasons to it. One the buyers of the M240/M240P where buying the M flagship, a lot of these people bought it because it was "the best M" (unless you shoot exclusively BW). And let's be honest to buy that camera (or any Leica) you have to have deep pockets or going through a midlife crisis like me (replace little sport car for Leica) :p Pretty much everybody (sorry if you are not everybody) hated the video feature. Really, video on a Leica?!?! So the new camera comes out. Oh God it looks so good! It is what everybody been crying out loud for. So there goes all the people that either like to have the best and the latest all the time, plus all the ones that hated the video feature, plus those that are in both groups, and they flooded the used market with their M240s.
Then you have the M262 owners, they didn't want video in their camera; they might care about not having brass plates so when the camera brasses out looks cool, but heck they paid way less; maybe they didn't have such deep pockets, they bought the cheapest new Leica they could afford, "change now? No way! I just spend a ton of money in this M262". So they stick with it.
Meanwhile you have the MD owners, kind of in a corner looking at all this like :| because they have a "rare" item. So when they bought it they bought it with all their heart in it, "this camera is what i wanted my whole life". But now they are wondering if the camera will keep a good value in the middle of all this craziness or is so much of a niche that it will be hard to sell it later down the road.
 
Back
Top Bottom