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M8 verses MP Prices for secondhand


love4leica

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<p>In the UK, depending where you buy, you will pay about £3000 for a new M8 ( and no

w Leica is giving £650 cash back). Second hand in excellent condition are now going for about £140

0 to £1500. Compare MP which new one is about £2100, depending from where you get it. Second hand MP in e

xcellent condition are still fetching £1400. So, it seems that the second hand prices for&nbsp

; M8 drop considerably as compared to second hand MP (?). And th

en you dont see many

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<p>Digital cameras just can't retain value like film cameras did and, to a certain extent, still do. There are few people and build a camera as well as leica if anyone does. The majority of the photography equipent market changes every few years and leica historically has taken about 10 years to make major upgrades to their systems. As a result their digital equipment will not stay current as well as their film equipment does. I also have an M2 and really, really love it. Built like an absolute tank.</p>
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<p>I don't know about the UK, but there is currently a rebate program for the M digital camera, which expires in a month or so. Once it is over, the price of used M8 bodies should increase over time, as less and less are available on the user market, and because new M8 and M8.2 bodies will not be as "cheap" as they are right now.</p>

<p>The MP is something of a collector/last-of-the-breed camera, IMO, because it is probably Leica's last mechanical film body. If you spend $4,400 for a new MP body, you don't really care about the market for used M8's or MP's. Some people only buy new.</p>

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<p>Addendum: The upgrade (from M8 to change shutter, framelines, etc.) will increase on Feb 19th. People might hold on to the M8 for longer as the upgrade or M8.2 is more dear after that date.</p>

<p>Also, don't forget about the pricing disparity between professionals and amateurs. In the US, an amateur pays the full list price. Let's say $4,400 for the MP. The professional gets a tax break on the MP when they file their taxes, so it costs them between $3,000 and $3,500, as they can ammortize and depreciate the item. A lot of M8's that you see on the used sale lists are from pros who basically recoup their cost, or even make a profit, on a slightly used camera, and can buy the M8.2 for 25% to 30% less than the list price (when they file their taxes). I don't know how it works in the UK, but I'm sure some US people are buying gear from the US.</p>

<p>If you see the history in the classifieds, a lot of pros "dump" their used gear after a short time, and trigger-happpy amateurs pounce on these items. Amateurs tend to hang on to their kits for longer. People know of pros from whom they would buy gear sight-unseen, as they say, because the quality of their equipment is impeccable, and has been CLA's or whatever to keep them in top shape.</p>

<p>All this analysis is in the end is a bit of a waste of time, for if you want something, just get it, or forget about it. If you count the number of posts or the time spent writing these polemics, multiply it by $5 an hour (what you get for peeling carrots in a diner), you could easily have bought all the gear that you wanted. Some people have posted 10,000+ posts, that's a lot of energy that could have been spent improving the world.</p>

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