Old 11-24-2017   #241
35photo
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This thread's title is so ridiculous that it makes me sad every time it surfaces on the homepage...
Indeed, probably the most ridiculous thread on this whole forum...
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Old 11-24-2017   #242
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"With rare exception, every new model destroys the used market for the preceding model, and those farther down the line." - Captain Obvious
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Old 11-24-2017   #243
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but leicas hold their value better than everything else, right?
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Old 11-24-2017   #244
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but leicas hold their value better than everything else, right?
It depends on the model, and whether you consider percentage or dollar amount.
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Old 11-24-2017   #245
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but leicas hold their value better than everything else, right?
Sure! A new M7 - currently available - costs $4550. I bought mine used in perfect shape for $1500. High serial # too.
The M240 is still a current production model. $6600 to $7000 at BH Photo video. Used, $3000-ish.
Same thing will happen to the M10 once the waiting list has been fulfilled. I think Leica intentionally under produces to create the anticipation for the product and thus justifies the price tag.
"The waiting list is 4 months long, it must be worth $6800!.."
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