Raising funds, yes. Letting go of raised funds, tough.

[benlees]

If the word guilt ever enters a potential purchase decision then the answer is "no".

Not quite sure why you want a new one? Why not be patient and save some money and buy used? I assume you have M mount lenses.

 

[KM-25]

There are tools that are game changers.
The M10 is not one of them. It's just not that different from what came before it.
It offers very little in improvements. It's just a fact.

In doing side by side shoots with my 240 and the M10 for nearly two hours, I 95% agree. The other 5% is the stop gain in high ISO noise reduction. I would really love that but I'll likely sell my 240 for sub-$3K so that is at least $3,500 I would be spending to gain that stop. And unless they change it in the M10 with a firmware update, I'd also lose the red frame line option that I really like a lot in super low light with the M240.

When I went from my D800 to the D810, the gains were more and the price disparity less so this equation is not as sensible.

 

[kxl]

See.......this guy= enabler.

Lol! 😛

(10 characters)

 

[kxl]

Why? I bought my M240 used two years ago for $4,000 and even though I have an M10 on order, I must just let it go and keep on using the M240 which has been flawless.

I tried the M10 for a good two hours in Chicago and as much as I liked it and want it, I just don't know if I feel like doling out $6,500 for it either, and I make a fantastic living with my gear.

I'll make that call when it comes in I guess, but right now I am super happy with my 240.

If I were to pull the trigger, I'd rather spend $6500 on a new body than $4k on a used one. That's just me.

 

[KM-25]

If I were to pull the trigger, I'd rather spend $6500 on a new body than $4k on a used one. That's just me.

It would be $3K or less at this point, to each his own really, the 240 is a solid camera, no regrets buying used for me, sitting in an airport on the way home with it in a bag, paid for it self in less than two weeks.

 

[mpaniagua]

I think I would rather buy some new lens. Honestly, lens has a greater impact on my pictures than body, at least most of the times.

Regard.s

Marcelo

 

[taemo]

pretty much the reason why digital Leicas didn't last more than a couple of months for me.

photography is just a hobby for me and I don't like the idea on putting more than 2000$ on a depreciating asset.

threshold for me is camera below 1500 US$, lens below 1000 US$, past that I may still use/keep the camera but the moment I don't end up using them as much, I'll sell them.

even the Fuji X-T2 camera which I'm using right now, once the X-E3 is out I will sell the X-T2 and downgrade, although camera style is also a motive for switching and not just economical.

 

[aizan]

if your price sensitivity drops at $3-4k, i'd say you'll be fine getting the m10.

if you can afford it and don't think your hobbies are important enough for you to spend $6.5k all at once, this is either a) not the right hobby for you, or b) a sign that you work too much.

 

[aizan]

even the Fuji X-T2 camera which I'm using right now, once the X-E3 is out I will sell the X-T2 and downgrade, although camera style is also a motive for switching and not just economical.

high five. i'm on the "waiting for x-e3 bandwagon," too. 😀

 

[kxl]

if your price sensitivity drops at $3-4k, i'd say you'll be fine getting the m10.

if you can afford it and don't think your hobbies are important enough for you to spend $6.5k all at once, this is either a) not the right hobby for you, or b) a sign that you work too much.

And I think that's really where I'm at. At $3k, it would have been a no-brainer. Adding up all purchases in the past 12 months alone, I've spent well beyond $6500. The threshold for me seems to be spending that kind of money on a single purchase.

I know... it's irrational.

 

[Contarama]

Well I don't have a DRF but about 3 years ago a certain camera came out at a price point of 3 grand and I wanted it so badly but there was just no way I was going to be able to justify that kind of outlay on my income. That would be living above my means. A few months back I found a unit with 10k on the shutter at half the original cost. I bought it at that price point but it was still somewhat of a stretch.

I could not be more happy and I didn't put my family or myself out of anything.

Now I'm keeping my fingers crossed that it will last for several years because it is all the camera I will ever need or want.

All that being said I wish I had a M9 but then I would also have to have some glass to go with it. It is a vicious cycle...

Good luck sir! I hope you are able to get some sort of DRF and that you are very pleased with it. 🙂

 

[rogue_designer]

I wouldn't buy new. I actually have a hard time justifying ANY digital body new - and that's coming from someone who gets paid to take pictures. There is just too much of a price hit to do so to justify, imo. Especially given the relatively incremental body/sensor changes in this case.

Wait until they start hitting the resale market.

 

[Brooklynguy]

The more I read here, I'm thinking this is a task for a psychologist

What camera would Freud use? Jung? And is a long lens just a long lens? 🙄

On a slightly more serious note, I too am price sensitive like the OP, so I buy used, whether cameras or cars. I don't like the depreciation hit as this is a hobby. However, another way to frame the question is that a Leica M depreciates about $1,000 per year (likely less) in the first 3-4 years of its production run, and then the slope trends somewhat more shallow thereafter. So the cost to hold/own/operate a brand new M10 would be about $1000 per year ($83/month), with the added benefits that purchaser gets a brand new camera, with full Leica warranty, and no waiting. If the OP were to wait, say 3 years, the price may drop $2-3K (depending on condition), but OP will have missed that time with the camera, have little or no warranty, but most importantly, it'll still be a used camera (OP does not want to buy used). Tough call either way.

 

[kxl]

My fault for being dumb.

As they say, acceptance is the first step... 🙄

 

[nobbylon]

I have the mindset that I TRY to only buy stuff that I can sell for the same or more.
This means that although I may keep the said item for 1-30 years my real value for money is high. This is simply not going to happen with a new M10.
By asking the original question you've actually, in my mind, answered it.
I bought an M9P to satisfy my digital Leica needs and couldm't be happier and prices are holding well if not going up slightly!
The only thing I do splurge on is travel and experiences which are worth far more than a material possesion, to me anyway.
Buy without regret or else you will never fully enjoy any purchase, good luck.

 

[YouAreHere]

Ok so sell $13,000 of gear, spend half on the M10 and the other half on those non-photo expenses. Then, rationally, you'll be all square. 🙂

 

[Godfrey]

There are tools that are game changers.
The M10 is not one of them. It's just not that different from what came before it.
It offers very little in improvements. It's just a fact.

Perhaps, but your opinion.

Why does a great camera that could be a "game changer" for someone have to be "that different" from its predecessors? Two stops more sensitivity isn't important to you? A far better viewfinder isn't important to you? Thinner and lighter with simplified and easier to use controls isn't important to you? Don't buy it, leave it for others who value those things.

G

 

[Godfrey]

A photographer friend, Jim Marshall, bought a lot of older Leica stuff.. like black M2 motor bodies when they were cheap in the 60s and 70s. I think they held or exceeded the inflation rate in the US over time? I'm not sure, I don't collect cameras. Also, he and others bought lots of Nikon SP bodies and lenses. I don't think Jim ever used the stuff. He mostly used M4/6 cameras .. maybe I'm wrong, but he and others were pretty smart people.

So? What has that got to do with the price of beans?

In 2004, I bought up three dozen old Pentax SLR lenses to play with my then-new *ist DS body. I had a grand time with them, and eventually replaced them with new, top of the line lenses. I sold every one of those lenses for at least double what I paid for it because the market had shifted that way when I was selling them.

Does that make them an "investment"? That's a laughable notion.

G

 

[Godfrey]

I have the mindset that I TRY to only buy stuff that I can sell for the same or more.
This means that although I may keep the said item for 1-30 years my real value for money is high. This is simply not going to happen with a new M10.
By asking the original question you've actually, in my mind, answered it.
I bought an M9P to satisfy my digital Leica needs and couldm't be happier and prices are holding well if not going up slightly!
The only thing I do splurge on is travel and experiences which are worth far more than a material possesion, to me anyway.
Buy without regret or else you will never fully enjoy any purchase, good luck.

I buy stuff that I want and that I'll use. When I no longer use it, I sell it. 50% of the time, I've made money on it. The other 50%, I've lost a little. If I really like something, I use it until it stops working, then I buy another of the same thing.

I work my cars the same way: I buy relatively high-end cars in decent shape that are eight to ten years old. Then I shape them up to be perfect, technically spending "more than they are worth" in the process. Then I use them for as long as I can. I enjoy the heck out of them, and when I stop enjoying them, I sell them for the best fair price I can get. Sometimes I make a little money in the process, other times not. But I know that the car has been a delight all the time I owned it.

Being overly concerned with the cost and the resale value of something means that you never actually get to enjoy it for itself.

G

 

[David Hughes]

Hi,

If it will help I buy alternatively a sensible car/camera/etc and then next a silly/luxurious one. But I buy them at 2 years old to escape depreciations largest bite.

FWIW, used carefully there's not much difference between them and I wonder at times if the more expensive option is worth it. Sitting waiting for the one in front to move in a traffic jam is the same in either, as is driving at the speed limit. Same with megapixels and resolution; once you pass a certain point it becomes pointless. There's a few exceptions but in single figures...

Regards, David