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p.6 #9 · Why are Leicas so expensive? | |
I am glad that I was able to buy into the Leica M system in early 2018, with a new M10, before the drastic prices increases occurred, before Leica products became more “Veblen goods” than they already were. I no longer recall the price, but it was well under $7K US, perhaps as low as ~$6.5K. (I remember paying about the same for a M10 as I had for my new Nikon D5.) Perhaps prompted by the widespread acceptance of the M10, compared to the M Type 240-series, Leica started yearly price bumps, for the M-series “base model” bodies, that all too soon climbed to ~$9K US.
Notably, my “grail quest” had been a Nikon Nikkor 600mm f/4 or 400mm f/2.8 “super telephoto” lens, a plan which had been suspended due to a left rotator cuff injury. I bought a well-preserved, pre-owned Summilux-M 50mm ASPH, the new M10, and a Zeiss Otus 85mm ZF.2 (Nikon F mount) for less than the retail list price for either of those “super telephoto” lenses, so, the shift to Leica M actually served to shift me away from what had become a very expensive obsession. By the time my shoulder was rehabilitated, I was no longer interested in chasing rare and unusual birds around the world.
I had visited that pre-owned Summilux-M 50mm ASPH, several times, trying it on pre-owned and demonstrator M9 and M Type 240 cameras, confirming that I liked its rendering, its handling qualities, and that I liked using a rangefinder to focus. I was not certain that I would be buying a Leica camera, to partner with the Summilux, at the moment that I decided to buy the lens. (I remember doing much internettin’, on the matter of adapters.)
I will never be on any waiting list for the next new M camera. My M10 may well remain the only M camera I buy new. I later added a pre-owned M Type 246 Monochrom. Now and then, I will check the going rate for decent pre-owned M10 Monochrom cameras.
I finally did buy a new Leica M lens, in June 2023, a Re-Edition Street Rim Summilux 35mm. It may well remain the only Leica M lens that I buy new, rather than pre-owned.
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