Archived posting to the Leica Users Group, 1998/11/10
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]I think we should not fail to remember that whatever the nature of the force or forces driving up the price of used M's, whilst it works against us at the time of purchase it works *for* us at the time of sale. Furthermore were it not for the high prices of used Leica, I venture to say that a portion of sales of new Leica would be lost as well...partly due to an increase in savings by buying used and partly because of the increased depreciation potential of new equipment. That would eventually cause a rebound effect whereby the used prices would again go up...but in addition, the loss of new sales might just be the death knell for Leica. So I am tempering my disdain for the position of the used market. BTW, there is also another variety of collector into which category I place myself: the user who elects not to always sell or trade-up to new acquisitions. Part of this is due to the fact that the lack of depreciation over time renders us in no hurry to dump discontinued equipment. Regards, Nigel ___________________________________________________________________ You don't need to buy Internet access to use free Internet e-mail. Get completely free e-mail from Juno at http://www.juno.com/getjuno.html or call Juno at (800) 654-JUNO [654-5866]