Archived posting to the Leica Users Group, 2005/06/06
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]$5000 seemed a bit steep...I tried plugging in the figures in the Inflation Calculator http://www.westegg.com/inflation/ Which are based on actual rates of US inflation. $300 1954 dollars comes out to a hair over two grand in 2005. If only we could get a new M camera and lens from Leica for that price! On the other hand, try finding a new VW today for $7595. If you could live without heat, it was an incredible deal. Jim Shulman Bryn Mawr, PA Still shooting with my M-mount 3.5 Elmar 50. -----Original Message----- From: lug-bounces+jshul=comcast.net@leica-users.org [mailto:lug-bounces+jshul=comcast.net@leica-users.org] On Behalf Of Lawrence Zeitlin Sent: Monday, June 06, 2005 9:14 PM To: lug@leica-users.org Subject: [Leica] Leica prices Leica's proposed prices are not too far out of line. At the end of 1954, I bought a new Leica M3 with an M mount Elmar lens for under $300. At an annualized price increase of 6% a year, corresponding roughly to the average inflation rate, the same camera would cost about $5000 today. But in 1954 I also bought a new VW for about $1100, a copy of the Sunday NY Times for 30 cents, and a cup of coffee for a nickle. Larry Z