Archived posting to the Leica Users Group, 2011/12/20

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Subject: [Leica] Looking at buying an M8
From: mark at rabinergroup.com (Mark Rabiner)
Date: Tue, 20 Dec 2011 15:17:52 -0500

My minor issue with this thinking certainly is not that its cars not
cameras.
But that its buying that the foremost thing in our minds with the selling
which comes afterward. Its buying and selling. Not using.  -  there is no
commitment. - no emphasis on "using".  We go though gear here faster when we
could ever learn to use them. And the emphasis not on the result the print
or jpeg but the cameras lined up on the shelf ready for petting.

As the M8 production ended as soon as it began this makes them a desirable
buy. We should buy them becuae when the fun time comes to selling them again
we can not loose much. Maybe even GAIN! This makes for loads of eBay fun.

The far more desirable buy is an M9 which is a successful camera which will
be in a long production way more than the M8.
If the value of the camera stays high it will be because the camera is
really worth that much. Not becuae its rare.

When I buy older cameras I'm careful to not buy rare editions.
I buy the bodies and lenses which had long runs.
I want my money going to usability not desirability.
That way my pix come out better for my money.
Its the pix I'm interested in. that's where my time goes. Not time spent
buying and selling. Its time spent shooting and crunching.
-- 
Mark R.
http://gallery.leica-users.org/v/lugalrabs/onthisAutumnday/


> From: Joseph Yao <joseph at yao.com>
> Reply-To: Leica Users Group <lug at leica-users.org>
> Date: Tue, 20 Dec 2011 01:19:03 +0800
> To: Leica Users Group <lug at leica-users.org>
> Subject: Re: [Leica] Looking at buying an M8
> 
> 1973  911 2.7RS
> 1992  964 RS
> 1995  993 Turbo
> 2010  997 GT3 RS 3.8
> 2011  997 GT3 RS 4.0
> 2011  E82 1M
> 
> The key is to avoid mass market stuff you can buy easily.  Limited
> production/difficult to buy usually do well in terms of depreciation.
> 
> For example, while there are tens of thousands of Toyota Corolla roaming 
> our
> streets, our market has been allocated only ten GT3 RS 4.0 and twelve 1M.
> 
> Desirability + rarity = either no depreciation or notable appreciation
> 
> Joseph
> 
> 
> On 20/12/11 1:00 AM, "Stasys Petravicius" <stasys1 at cox.net> wrote:
> 
>> Joseph- What are you driving? Stasys
>> On Dec 19, 2011, at 8:48 AM, Joseph Yao wrote:
>> 
>>> Vick,
>>> 
>>> If you bought the right car it would appreciate in time.  Most of my cars
>>> have appreciated over the past decade.
>>> 
>>> Joseph
>>> 
>>> 
>>> On 19/12/11 11:44 PM, "Vick Ko" <vick.ko at sympatico.ca> wrote:
>>> 
>>>> Also, the deal with Leica gear was that I could pretty much sell it for
>>>> what I bought it for.
>>>> 
>>>> And more often than not, I could sell it for more than what I bought it
>>>> for.
>>>> 
>>>> But not so with digital Leica stuff.
>>>> 
>>>> I didn't lose much on my M8 (I saw it as a really low rental fee).
>>>> 
>>>> My M9 ?  Well, it is a luxurious consumable.  I wonder if its
>>>> devaluation rate exceeds that of a car.
>>>> 
>>>> Vick
> 
> 
> 
> _______________________________________________
> Leica Users Group.
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In reply to: Message from joseph at yao.com (Joseph Yao) ([Leica] Looking at buying an M8)