Archived posting to the Leica Users Group, 2008/06/12

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Subject: resale value (was: Re: [Leica] M8 and the WAR)
From: len-1 at comcast.net (Leonard Taupier)
Date: Thu Jun 12 08:53:33 2008
References: <380-220086412143431906@M2W029.mail2web.com> <005601c8cca2$7a254410$6e6fcc30$@net>

Frank, You're right on. I bought my 16-18-21 Tri Elmar 13 months ago  
at the introduced price to the US market. Now the price is 41%  
higher. I wouldn't buy it at the current price.

Len


On Jun 12, 2008, at 11:39 AM, Frank Filippone wrote:

> That's cheating..... the Euro has gained on the dollar, reflecting  
> gains in
> monetary exchange rates, not equipment values.... The new stuff is  
> more
> expensive than the older stuff so the used stuff goes up in value as
> well....  If the dollar were gaining on the Euro, I think it might  
> be a
> different story.....maybe.
>
> The Dollar and Yen are pretty locked together......Nikon and Canon  
> prices do
> not change significantly with exchange rates.....Leica does.....
>
> The best time to buy ANY new Leica item is when they first offer it to
> market.....  before they figure out what it really costs them to
> produce.....
>
> Frank Filippone
> red735i@earthlink.net
>
>> The retention of value of Leitz/Leica glass (and cameras of
>> course) reflects the fact that their optical performance and
>> build quality assure their usefulness for decades. One doesn't
>> have to buy and re-buy every several years.
>
> If I were of such a mind (and I'm not) I could re-sell my 280mm f/4  
> APO for
> a tidy profit even considering the time value of money, after several
> years' use and after producing many profitable 'keepers'.  Sounds  
> like a
> bargain to me.
>
> Doug Herr
>
>
>
>
> _______________________________________________
> Leica Users Group.
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In reply to: Message from wildlightphoto at earthlink.net (wildlightphoto@earthlink.net) (resale value (was: Re: [Leica] M8 and the WAR))
Message from red735i at earthlink.net (Frank Filippone) (resale value (was: Re: [Leica] M8 and the WAR))