Current Market Price of Used M9

[eric23]

Good Day All,

what would be a the going price of a used M9?

I am thinking of getting a used M8 for $2K but if I can spend a few extra $$ and pick up an M9, I might do that.

Thanks,

Eric

[swoop]

I think used M9's are around $5,500.

[gbealnz]

I reckon you could pick one up for between $5K and $5500. Depends on how keen the seller is, same as anything.
I do see a US dealer selling new ones at $1000 off, so something is happening.
This of course will make you hold off, which then means the seller needs to tempt you a bit more and drops the price, you can see where this is going of course.
Buy one, they are great. I had one, but went back to an M8, and a film camera or two, happy with my lot.
Gary

[JMQ]

Don't you want to see what is coming out in 5 weeks (10 May)?

[thegman]

If Leica releases anything that could be considered an M9 upgrade, then M9 prices are going to be affected, I'd probably try to wait, although I know how hard it is...

[Araakii]

$5,300 for a well maintained one. $4800 for a beaten up one.

[Jobin]

Iv seen one go for $4500!

[Araakii]

Originally Posted by Jobin

Iv seen one go for $4500!

ya it was underpriced

[jsrockit]

About 70-80% of new... which is common for used gear.

[kkibrisli]

The lowest two I saw were one at $4300 and another at $4750. I've been watching several at $5000 and they are not selling. I guess everybody (including me) is waiting until May 10.

Originally Posted by Araakii

ya it was underpriced

[raid]

Wait until the M10 comes out to see the real impact on market value of the M9.

[jarski]

not M9, but couple M8.2's been listed at LUF classifieds, for price that was for M8 few months ago (1600-1800EUR). so prices are seem to have dropped a bit.

[kokoshawnuff]

The M9 market is really inundated with wealthy casual photographers that appreciate how great it is, but will appreciate whatever comes out on May/10 even more for the simple fact that it's new (even if it isn't an appreciable upgrade or replacement to the M9). That being said, I see the M9 used prices to drop considerably—below $4000 to start and perhaps in the low to mid $3000 range by end of year. An EVIL or digital R would really transform the M9 used market...It could be worth $1000+ to OP to wait for the May/10 announcement.

[jsrockit]

Originally Posted by kokoshawnuff

An EVIL or digital R would really transform the M9 used market...It could be worth $1000+ to OP to wait for the May/10 announcement.

How though?

[Shade]

Its still between 5.5-6k down here for a mint complete set condition.

[kokoshawnuff]

Originally Posted by jsrockit

How though?

The prices may drop below the the current $4900(ish) to perhaps $3900(ish) if there are some more 'user friendly' cameras introduced—like a DSLR or auto-focus EVIL. My cynical perception of at least a decent percentage of the current M9 ownership is that of the electronic or brand enthusiast who perhaps purchased the M9 knowing it was one of the most expensive cameras out there and therefore the logical 'best' camera not only for them but presumably for all. Not understanding or not thinking that it was at all possible that such and expensive modern camera didn't have auto-focus, didn't have a built-in flash, didn't take video, etc is common among many of the wall street crowd and other business men I have had conversations with about Leica. The price change is just my guess if a non-M cameras is introduced 10/May...

[jsrockit]

Originally Posted by kokoshawnuff

The prices may drop below the the current $4900(ish) to perhaps $3900(ish) if there are some more 'user friendly' cameras introduced—like a DSLR or auto-focus EVIL.

I think you're off the mark here. Most use M cameras because they want a mechnical rangefinder and want to use their small m lenses. The only way the M9 goes down is if the M10 is released and "corrects" the M9.

My cynical perception of at least a decent percentage of the current M9 ownership is that of the electronic or brand enthusiast who perhaps purchased the M9 knowing it was one of the most expensive cameras out there and therefore the logical 'best' camera not only for them but presumably for all. Not understanding or not thinking that it was at all possible that such and expensive modern camera didn't have auto-focus, didn't have a built-in flash, didn't take video, etc is common among many of the wall street crowd and other business men I have had conversations with about Leica.

Not all digital M owners are idiots with too much money to burn. I would imagine most m digital buyers knew what they were buying when they bought it. Additionally, it doesn't matter where you work... stop stereotyping the "wall st" type. I actually work on wall street along with a lot of other people who do not make big bucks. I went to art school and it's just a job to me... not a lifestyle.

The price change is just my guess if a non-M cameras is introduced 10/May...

A non-M camera will have no effect on m prices. A new M camera, if done right, will.

[seakayaker1]

Originally Posted by jsrockit

A non-M camera will have no effect on m prices. A new M camera, if done right, will.

+1

The release of other brand cameras does not influence me on what I am willing to pay for a piece of Leica gear.

. . . . . what does influence me is GAS!


With the used M9 that I purchased I see myself using it for a few more years even if Leica releases a new model. First of all I do not think I could afford the new camera, assuming they will price it up another 1 or 2 thousand above the M9-P and second I would like to see it on the market place for awhile prior to purchase.

. . . . . just my 2 cents on the subject.


EDIT: recently the price for used M9's that I have noticed have been between $ 4500 and $ 6200 USD. Pricing appears to be from condition and the sellors motivation to move the M9 for another piece of gear . . . . .

[robbeiflex]

I passed by a shop today that had two used M9's in the window of varying condition. The cheaper one was priced at 3,400€ and the more expensive at 4,500€, roughly equivalent to 4,400 USD to 5,850 USD at today's exchange rates. No opinion, not in the market for one, just saying.

Cheers,
Rob

[kokoshawnuff]

Originally Posted by jsrockit

I think you're off the mark here. Most use M cameras because they want a mechnical rangefinder and want to use their small m lenses. The only way the M9 goes down is if the M10 is released and "corrects" the M9.

Not all digital M owners are idiots with too much money to burn. I would imagine most m digital buyers knew what they were buying when they bought it. Additionally, it doesn't matter where you work... stop stereotyping the "wall st" type. I actually work on wall street along with a lot of other people who do not make big bucks. I went to art school and it's just a job to me... not a lifestyle.

A non-M camera will have no effect on m prices. A new M camera, if done right, will.

Firstly you say "most use M cameras" because it's a mechanical rangefinder, but it might not take most to change the price of something like the used M9 market, it might only take a few hundred M9s popping up to change it.

Secondly I think you skipped over much of my response while looking for inflammatory phrases; there was no generalization but rather a basing on my personal experience of those that people talk to me about my Leicas. I'm not a photographer by profession but always have a Leica in hand during business trips and meetings. I said "my cynical perception of at least a decent percentage of the current M9 ownership" bought for brand and the love of expensive gear, didn't say anything about "all digital M owners", after all most digital M owners I know of and hear about are on RFF and L-Camera Forum and they know their camera and their craft about as well as anyone possibly could.

Also I made no generalization about ""Wall st" types", I said: "common among many of the wall street crowd and other business men I have had conversations with about Leica." It is simply a way of explaining the rich businessmen I deal with on a daily basis that often spend their money freely without knowing what it's really being spent on. Obviously not every person that works on the acutual Wall Street comes down from their glass tower and tramples the poor while stepping into their Rolls.

Ultimately none of this really deserves your anger or my trying to justify anything to you, every one of my predictions is just my opinion, just as everything you predict is just yours, neither of us have a such a clear view of the future so as to state any prediction as fact.

[jsrockit]

Originally Posted by kokoshawnuff

Firstly you say "most use M cameras" because it's a mechanical rangefinder, but it might not take most to change the price of something like the used M9 market, it might only take a few hundred M9s popping up to change it.

I can see that. It may be true... we'll see.

Ultimately none of this really deserves your anger or my trying to justify anything to you, every one of my predictions is just my opinion, just as everything you predict is just yours, neither of us have a such a clear view of the future so as to state any prediction as fact.

There was no anger... please don't take it that way. Just a friendly debate... I'm just not that subtle in my approach. You're correct, we both have no clue what is really going to happen. Forgive me regarding the "wall st" stuff... it gets thrown around often here and it's tiring. It appears that I lumped you in when you didn't deserve it. Truce.

[kokoshawnuff]

Originally Posted by jsrockit

I can see that. It may be true... we'll see.

There was a post here linking to a youtube video that may or may not have been a troll explaining his troubles and concerns with the M9P. I've met at least 10 people in my travels that have similar concerns with their M9s and are absolutely dead serious. My thinking was that there are at least a few hundred that would opt for a more automated Leica because of their troubles with the M system (be it degrading vision, preference for p&s-like capabilities, etc), therefore introducing more and more used M9s to the market and the other systems begin to reach the consumer...Maybe, maybe not, just a thought....

Originally Posted by jsrockit

There was no anger... please don't take it that way. Just a friendly debate... I'm just not that subtle in my approach. You're correct, we both have no clue what is really going to happen. Forgive me regarding the "wall st" stuff... it gets thrown around often here and it's tiring. It appears that I lumped you in when you didn't deserve it. Truce.

Truce appreciated, I used the term Wall Street more as a description of the decades old mythic idea of the high income business men, didn't really intend for anyone to think I was talking about the actual street in Manhattan, so sorry about that...I live in beverly hills, so I understand your frustration concerning environmental stereotypes. Regards.

[huntjump]

Im of the opinion that if an M10 hits the market, and improves the gripes had with the m9, it will affect prices downwardly for the m9 but only as a factor of how much more expensive the m10 is compared to the m9. If the m10 is say $10,000, then I think m9's will not drop as much as people think. In fact, the >$5,000 prices could be lower than the price after the m10 release if the price of the m10 is exorbitant. If the M9 ever gets in the 3 range i'll be able to afford one. otherwise its too much of a premium for what i do.

But what do i know.

[jsrockit]

If the M10 comes out and is a redesign, it could have a positive impact on the M9. However, I don't anticipate Leica making that mistake again.