Archived posting to the Leica Users Group, 1998/11/06

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Subject: Re: [Leica] R5 & R7 prices going up
From: nbwatson@juno.com (N. B. Watson)
Date: Fri, 06 Nov 1998 16:34:47 EST

Whenever a new model is released there is usually an initial oversupply
of used models dumped on the market by the
"must-be-the-first-to-have-the-latest" types, hence the prices fall.  As
those get purchased, the supply lessens and the prices often settle a bit
higher.  The prices of Nikon F4's fell when the F5 was released, and then
came back up a little as the used supply thinned out.  There is added
complication in the case of the R7 in that the sales of the R8 have
fallen off rapidly.  Those who require a motor-drive are not yet able to
trade up; its styling and size doesn't appeal to everyone, and some are
put off by its high cost relative to its features.   I can't comment on
whether the R7 is or is not the "best SLR Leica ever"...frankly the
entire Leica reflex is not my system of choice and ( this is not to say
the cameras and lenses aren't superb) I'm in company with the vast
majority of fellow professionals on that.  However, the prices of Leica R
on the second-hand market are more a reflection of supply and demand
economics than the relative merits of the R5-R7 vs. R8.

Regards,
Nigel
On Fri, 06 Nov 1998 13:48:03 -0800 Anderson <andersonchi@usa.net> writes:
>It appears that the prices of used R5 and R7 prices are going up.  
>Take
>a look at a two or three month old Shutterbug magazine.  In that short
>of period of time the prices appear to have increased $100 to $150
>dollars on both the R5 and R7.
>
>I think it was Jim Brick who said that the R7 is the best SLR Leica 
>ever
>made and people are beginning to realize that.  Try to find a mint R7
>from a dealer or even on the group.  I can't remember the last time I
>saw an R7 forsale on the LUG list.
>
>Some of the R lens price are going up also. Or at lease they are not
>going down.  I wonder if it isn't less risky and more profitable to
>invest in Leica equipment rather than the stock market, and there is 
>no
>broker's commission too.  Atleast it is more fun.
>-Bob
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