Archived posting to the Leica Users Group, 2003/09/07

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Subject: Re: [Leica] used leica (was A new M lens)
From: Jerry Lehrer <jerryleh@pacbell.net>
Date: Sun, 07 Sep 2003 12:18:23 -0700
References: <000101c374cc$fbf71410$0200a8c0@jim> <3F5A8DE6.759CA434@pacbell.net> <20030907162904.GE20040@panix.com>

Rei

Interesting about Bergen County Camera, but it is a bit far for me.
I moved from Bergen County NJ in 1958.

Jerry

Rei Shinozuka wrote:

> yesterday i dropped in bergen county camera (www.bergencountycamera.com)
> and i saw they had something like 9 M's (mostly M6's, there was
> an M3 and an M2, and an M6J and M6 classic titanium an
> M6 classic 0.85 in the box in mint condition, and two m7's.
> i had never seen so many used M bodies there.  The cheapest m6 was about
> $1,100 and looked (though the glass case) to be in nice shape.
>
> -rei
>
> On Sat, Sep 06, 2003 at 06:46:14PM -0700, Jerry Lehrer wrote:
> > 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
>
> --
> Rei Shinozuka shino@panix.com
> Ridgewood, New Jersey
>
> --
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In reply to: Message from "Jim Shulman" <garcia@chesco.com> (RE: [Leica] Leica: A new M lens?)
Message from Jerry Lehrer <jerryleh@pacbell.net> (Re: [Leica] Leica: A new M lens?)
Message from Rei Shinozuka <shino@panix.com> ([Leica] used leica (was A new M lens))