Archived posting to the Leica Users Group, 2003/09/06

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Subject: Re: [Leica] Leica: A new M lens?
From: Jerry Lehrer <jerryleh@pacbell.net>
Date: Sat, 06 Sep 2003 18:46:14 -0700
References: <000101c374cc$fbf71410$0200a8c0@jim>

Jim

The local Leica dealers have lots of M6's from people who
want M7's and/ or MP's.  I wish they had a chrome M6, but
they are all black.  The LA dealers have chrome ones, but I
won't drive up to see them.

Jerry

Jim Shulman wrote:

> Ted, I'm with you.  The new stuff is in the stratosphere, while barely
> used equipment takes a much bigger price hit today.
>
> Has anyone taken a look lately at the decline in used Leica prices?
> Last year you'd be luck to find a really gorgeous M3 body CLAd for less
> than a grand.  This week I've not only heard of one (WITH a MR meter),
> but also an M4 in similar shape with MR-4 meter for the same sub-$1000
> price.  The same is true for lenses.  I know of a dealer who's
> upside-down on a number of items: a Summarex in lovely shape that, a
> year or so ago would have fetched $1500-1700 on THAT WEBSITE now could
> barely make a grand, if he were really lucky.  You also see near-perfect
> M7s at $1600-1700 going up against brand new ones for close to $2600.
> It's hard to sell new equipment as an investment in lifetime enjoyment
> when customers see price drops that steep.
>
> As recently as last year you could invest in good condition, clean used
> Leica stuff and more or less get your money back when you decided to
> sell.  That ain't the case today--and with more than 50% of the new
> equipment market in the US going for digital in 2003, I doubt it's going
> to get much better for Leica equipment.
>
> Jim Shulman
> Bryn Mawr, PA
>
> -----Original Message-----
> From: owner-leica-users@mejac.palo-alto.ca.us
> [mailto:owner-leica-users@mejac.palo-alto.ca.us] On Behalf Of Ted Grant
> Sent: Saturday, September 06, 2003 7:06 PM
> To: leica-users@mejac.palo-alto.ca.us
> Subject: Re: [Leica] Leica: A new M lens?
>
> Look nobody needs a new lens, period! ......... Why?
>
> Because no matter what lenses some folks have already, they haven't got
> a
> clue how to use them properly and make the most of them! Besides
> whatever it
> is it'll cost a ton and the next set of postings when it's revealed will
> be
> whining, complaining, bitching etc. etc. etc. about the cost and any
> number
> of non-essential things. :-)
>
> Hey come on, I've been around here a good many years and understand the
> "LUG
> whine factor" ;-) Although a lot of you guys are very good at the
> whine/bitch stuff, I have to commend you as some of you are the best
> I've
> ever seen! ;-)
>
> The best thing they could do is...... drop the prices,  "BIG TIME!" on
> everything then a pile of people would buy all kinds of things.....
> maybe?
> Even if they didn't have a clue how to use it, they'd buy it because
> it's
> cheaper!  ;-)
>
> ted
>
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Replies: Reply from Rei Shinozuka <shino@panix.com> ([Leica] used leica (was A new M lens))
In reply to: Message from "Jim Shulman" <garcia@chesco.com> (RE: [Leica] Leica: A new M lens?)