Archived posting to the Leica Users Group, 2010/04/10
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Some dealers are getting a premium on the M9 right now because of the pent up demand..... The theory of.... I WANT IT NOW! There are a lot of buyers out there that just want what is the newest... and second newest is not good enough. With sufficient cash, they swap cameras ( or camera systems). The camera is now $7K new. By fall, it will rise another 10%.... say $8K in round numbers. By Fall, the backlog will be fulfilled. If you go to a dealer and try to trade in your camera, they may give you 50% of resale ..... maybe less. Taking 20% less than you paid in a private sale, seems a bargain compared to what the dealer would pay you...... I would expect a used M9 right now would sell for $6K, if it were not for the unsatisfied demand...... If you would like to see this in action, look at the price of the newer Leica Lenses...... Summarits, 75 Summicrons, Summiluxes , etc....... Frank Filippone red735i at earthlink.net i see them selling 'new' cameras and lenses on ebay for buy-it-now prices more than b+h or adorama lists the product at. and presumably somebody is dumb enough to buy them or it wouldn't happen. nobody in october is going to be thinking ok don't want it so i'll be fine with a $1300 to $1800 loss on it.