Well the M8 was a $5500 retail when it came out ten years ago. A D200 wasn't anywhere near that. Plus there are far more D200s in the market than M8s.
It's all supply/demand, and the demand for the 240 will plummet; so will the price.
It's all supply/demand, and the demand for the 240 will plummet; so will the price.
Oh course those are factors as well, but what other 10mp camera CCD would people even use daily other than the M8 (other than out of necessity)?
What other 10mp CCD rangefinder is there? 
If it were a DSLR instead, it would be a $100ish item, or less, considering Leica can't always repair them.
If it were a DSLR instead, it would be a $100ish item, or less, considering Leica can't always repair them.
Ko.Fe.
Lenses 35/21 Gears 46/20
6.1 MP CCD R-D1. Cult camera with alive followers.
Those are also one of the highest priced used digital cameras.
Was GR 10MP CCD with max ISO1600? Still going strong with many users.
I'm using my M-E set to 11mp JPEG1. Absolutely no problems with editing and 8.5x11 prints.
I know it is going to hit me by the time Leica will open Gallery in Toronto and they will find out what they can't print mine by one meter long on short side. I'm OK with it. Will come to see what M10 24 MP Torontonians did.
True, but I think I meant cameras that aren't special. There aren't any cheap rangefinders so people still use these older models for that reason. The original 8mp GR people swear by, but it is cheap. I should have said, what 10mp DSLR do people use because they prefer it over newer cameras (as opposed to not being able to / or wanting to upgrade)?
What other 10mp CCD rangefinder is there?
That's my point.
uhoh7
Veteran
OK make your prediction:
easy to find for 2500 by this summer?
doubtful but we shall see.
I would guess $3000 now for a mint boxed M240 with all the factory goodies from private sellers.
Dealers will likely need a higher price.
the big advantage of the used M240 is you don't have to worry about corroded sensors, dead LCDs or coffee stains.
Time to break your piggy banks.
Its a good time to upgrade to whatever digital M tickles your fancy.
Emile de Leon
Well-known
M240...
$2750..if not lower...for cash deal..local...in a few months...if not sooner..
And put $2500 in front of them at point of sale..and trust me..they will take it..no questions asked..
$2750..if not lower...for cash deal..local...in a few months...if not sooner..
And put $2500 in front of them at point of sale..and trust me..they will take it..no questions asked..
ChrisLivsey
Veteran
UK Launch price of M8 £3,000 now £1,000 lost £2,000 or 67%
UK Launch price of D200 £1,300 now £180 lost £1,120 or 86%
You can decide which was the best buy, the camera that lost you 86% of its value or the one that lost you £2,000.
Personally I don't think there is a right answer to that, I still have my M8 and it works, well most of it does excepting the LEDs, my D2H is a paperweight, and a highly efficient one.
May I ask why?
brennanphotoguy
Well-known
Leica Miami is already selling used M240s for $3400. I bet within 6 months they'll be down to $3000 from Leica stores and $2500-$2800 from private sellers.
Huss
Veteran
I always find attitudes like this amusing. I have sold lots of items privately, always cash sale - what else would I accept? The idea that cash in front of the seller makes a difference.. how? That is what the seller accepts.
I just sold an Xpan-1 for $1600. Cash. Guess what my asking price was? $1600. Guess how many people offered me much less for a cash sale? What other kind of sale did they think this would be?!
I kinda agree with Stephen (Cameraquest) but I think that once the initial buying frenzy dies down, the M240 will settle at $3500. Because it is still a fantastic camera and the next step up would cost the buyer $3000 more!
Huss
Veteran
I don't think so. I think the prices right now are driven by the flood of early adopters who just have to have the M10 and will do anything to unload the M240.
Once things calm down, there will be a realization that the M10 costs about double that of a nice used M240. And that will be a reality check for many.
Ko.Fe.
Lenses 35/21 Gears 46/20
Sounds like attitude for stolen gear at pawn shop.
Hahaha, agreed. I think there are people who think if you are selling, you must be desperate for cash. Some people only sell stuff when they need to. I sell stuff that I'm not using and no longer care about and have the luxury of waiting for my price. I have met someone in person, have had them pull the low ball cash thing, and told them no. They banked on the lower price and did not have the cash to pay my asking price. It just wasted both of our time.
As far as the price, I can see $3000 for the M240 and $2000 for the M9 in the next 6 months.
Bill Clark
Veteran
I can get a fair amount of film scanned for what this camera cost!
fenixv8
Established
Leica in Europe has already adjusted the price of the M240. USA will do it soon.
But how good will those scans be? and how much did the film cost? and the film camera? Photography, in general, is expensive.
Now, I bought three Fujis with 4 lenses for the cost of this body... but if one wants this Leica, then that info doesn't matter.
benlees
Well-known
An M9 sold in the classifieds, with a replaced sensor, last week for $2450. It sold right away. As luck would have it, there was another M9 in the classifieds that needed sensor replacement. It was the same price. AFAIK, its still available. So, for an M9 in good shape $2450 is a very good price.
I don't think we are going to see $2500 for an M240, or $2000 for the M9, for awhile...
I don't think we are going to see $2500 for an M240, or $2000 for the M9, for awhile...