"M10" Price Impact

[brennanphotoguy]

M10s aren't readily available yet either. The only people who are dumping stuff now are the early adopters. You won't see a big price impact until the M10 becomes a regularly stocked item or at least until there are larger batches hitting the market. Give it 6-8 months.

 

[coelacanth]

I see two M240s at Leica Miami just added. One is $3495 and another is $3395. Maybe not too long till you see 3k even from private party.

 

[CVickery]

There will be some pressure on M240 and M9 prices as early upgraders dump their bodies, but my sense so far is that this isn't a compelling upgrade for M240 users so many users may just continue to use their M240s for now. For M9 users the M10 offers much more and seems to address some issues.

I expect that the real price declines will happen later, when used M10s start hitting the market.

 

[Emile de Leon]

Prices for M240 are going to take a big hit..I mentioned this a few days ago..and most people here disagreed..
The reason for the price dive...
The M10 is the most perfect digital Leica rangefinder ever.. and not by a small margin either..people are going to get rid of their bloated fatties...lol...as fast as they can dump em...most don't need video..
Old guys that is..are a goin to dump em as fast as they can..as they wont be able to stomach having the fat bodies..
And what does that mean to me..
This old guy here..is a going to be looking for a mint used M240 at a discount price ..probably a cash deal locally..and that will be that...I cant wait..
and yes..$3500-..will be way to high in a few months..
Dealers will be offering peanuts for them in trade..and the 240 will go the way of the M5..the one that was the mis-step..
And that goes for the M262 and variations...their prices will dive too..
Leica had the M10 right around the corner in development when they released the MD and 262...and if I may..in an unconscionable manner..they released them anyway just to make more bux...firstly off the new ver soon to be superceded....and then..with a potential double sale..all the upcoming newer versions with the thinner bodies...a good 2-fer....for...Leica..
Hey...
You don't want that fat body you just bought do ya...nope you dont..get this new slim one here..
We at Leica..are always moving forward..! ..Developin ..new..stuff..for our customers..oh yeah..
Lol...

 

[splitimageview]

I agree. The 240 will fall precipitously.

BTW it's not unconscionable for a manufacturer to release products to make money. That is, in fact, why they exist. 🙂

 

[gdi]

That M10 is the only Leica to grab my interest since I sold off my M9 (and never looked back). Finally a digital M that will handle as well as an M3, or a R-D1, for that matter. Try as I might, those overstuffed M9/M8 etc bodies are a real turn off, especially if you have been using a film M for a while.

Now I am hoping that it has a top quality sensor that can compete with the much lower priced competition. If so, I'm likely in.

 

[gdi]

I agree. The 240 will fall precipitously.

BTW it's not unconscionable for a manufacturer to release products to make money. That is, in fact, why they exist. 🙂

Oh yeah, those prices will drop...

 

[splitimageview]

The improved viewfinder is the thing people are overlooking.

Sensor is great. All sensors are, pretty much, these days.

 

[Huss]

and the 240 will go the way of the M5..the one that was the mis-step...

The M240 will never be seen years from now as the greatest digital Leica ever made. But the M5 is widely considered the finest film Leica ever made by photographers. Not bauble collectors.
😀

 

[Emile de Leon]

I hated the M5..its a truck..lol..

 

[Huss]

I hated the M5..its a truck..lol..

The BMW M5 is anything but a truck. Personally my favourite edition was the E39 edition.

 

[f16sunshine]

E28 for me. 😀

 

[Huss]

E28 for me. 😀

You can't go wrong until you get to the V10 models...

E28 - s'awright..
E35 - 😎

 

[willie_901]

A stock, well-sorted 2.5 liter E30 M is shockingly quick around a road-racing course. One equipped with the stickiest legal street tires is amazing.

 

[Ko.Fe.]

Finally a digital M that will handle as well as an M3, or a R-D1, for that matter. Try as I might, those overstuffed M9/M8 etc bodies are a real turn off, especially if you have been using a film M for a while.

🙄
To me it is very misleading statement above.

I've been using film Leicas for some time now. For all year, every day photography. Shooting with M-E (came after M9) is the same experience.
I'm happy with M-E because it is very close to my film M cameras.
M10 is closer by its size to film M, but M-E is close to film M as well.
M10 is much more "overstuffed" and much more distant from film M, comparing to classic M8/M9.
M10 has LED instead of real frame lines, huge ISO range which leaves film ISO range compromised and different from film M OVF. M10 is supporting EVF and LV with magnified focus peaking. This is "overstuffed" comparing M8/M9, which are free of those non-RF gimmicks.

 

[brennanphotoguy]

Overstuff compated to the "classic M8/M9?" LOL. It's called an evolution of the product line. The M8 wasn't very good to begin with, the M9 generation is fine but it's laggy and has it's own set of drawbacks. The M10 is a big step forward from a company that looks like it's finally getting back to what it's M line of cameras should be. And, his one point was that it's closer in size to a film M. You read into his comment way too much when he said "overstuffed."

 

[splitimageview]

The M10 doesn't have an EVF 'gimmick' unless one chooses to add one. The M9 couldn't do live view in any case, due to using a CCD. And who would want to do live view with an LCD screen from a 2004 point-and-shoot?

The M10 viewfinder is superior to any film M viewfinder, and ISO range is superior to film, like any modern sensor.

The M10 will seriously depress the value of previous digital Ms.

 

[fenixv8]

Not too hard to find a M10, I picked up mine yesterday. I sold my M240 privately because the dealer I took it to wouldnt take it because he had bought 5 from sellers that day alone.

Also I imagine Leica slash of new M240 prices will affect used values?

 

[Ko.Fe.]

Wow, five M240 users in Toronto?

It will affect, but nothing like "slashing" will happen. BH price of M10 and M240 is the same. Entire digital M market is small and Leica is the only digital RF manufacturer. As long as digital M is supported by Leica it is desirable. Even M8 which has partial only support from Leica is still one of most expensive digital camera among used ones.

Personally, I going to keep M-E and will try to get another used digital M. Who knows, by the time I'll have enough money, M10 might be trashed by M11 followers 🙂
At 6500$ for new M10 vs 3500$ for used M240 it is win-win situation for those like me, who would prefer to have two cameras instead of one.

 

[jsrockit]

Even M8 which has partial only support from Leica is still one of most expensive digital camera among used ones.

Exactly... compare the M8 to the Nikon D200 (or similar spec'd camera) and the price difference is huge.