Roger Hicks
Veteran
Nonsense. What you mean is, "I can't afford one or am not willing to make the sacrifices needed to buy one." For some it may actually mean "I don't want one" but you've already indicated that you do.Leicas used to matter, back when journalists, artists and the pioneers of modern photography used them. Now they're luxury items that have priced themselves out of the hands of the creative class. For a camera to become significant, it can't just be "the best", it also has to be accessible to the people who take risks and actively make the future of photography. It isn't anything personal, I would love to have an M9, but Leica does not matter.
Using the retail price calculator at http://safalra.com/other/historical-uk-inflation-price-conversion/ a new £25 IIIa in 1936 would cost about £1500 today and a new £142 M3 from 1966 would be £2300.
Today, an MP is £3420 (up less than 50% from the M3); an ME £3990; an M, £5100. In other words, yes, they've gone up, but you can hardly compare an ME (under 3x the 1936 IIIa, under 2x the 1967 M3) with the earlier cameras. Or an M3 with a IIIa (£25 in 1936 was the equivalent of £94 in 1966). For that matter an M is only a bit over 3x the IIIa and about 2.5x an M3.
Look at other manufacturers, too. Nikon D4, £4150 today; Nikon F 1967 about £109, or £1700 today (well under half the price of the D4S).
For further comparison, when the F was £109, the M3 was £143, about 30% more expensive. And now, an M is less than 25% more than a D4.
In other words, any complaint that Leica has "priced themselves out of the market", or that there was some sort of golden age when they were much cheaper, is pure drivel. Yes, they made simpler cameras that cost less; but then, so did everyone else. Incidentally, a Zeiss Contaflex with f/2 lens in 1967 £284:16:3d, call it £4600 today.
If you want to see MUCH bigger price increases than Leicas, look at the price of beer (more than double the price in 1966) or houses (don't ask).
Cheers,
R.