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Is the used market supply of M8's drying up?


enboe

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I just took a peek at the big auction site to see how M8's are doing and only five are listed.  I wonder if the supply of cheap(er) M8's is starting to dry up, and what will that do to the market price of those available?

 

Eric

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I agree with mnutzer, a year ago I bought my M8 for 1750dlls... just this morning I checked on ebay how they are doing and the prices has gone to the floor dramatically. In the completed auctions I saw a few bodies has been sold in the 1000-1250 range. I wouldn't let go mine for that money, so I guess many owners will do the same.

 

It is like a Volvo with 1 million miles, a keeper. 

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As market (M8's) goes, the price will climb up shortly.

So people would sell at that moment, price goes down, and so on.

 

As user's camera, M8 is the best buy, now.

Buy it now before this "Classic gear" become "Collectible" :p .

 

Regards,

 

Arnaud

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I too think owners are hanging onto them - I saw a very clean one at a London dealer recently for £600. 

 

Additionally they're a difficult sell for a dealer who has to provide some degree of warranty (even if just a return period) given that some parts are no longer available and most repairs will be financially uneconomical, the only option then being a chance of a 'deal' with Leica for another camera. 

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Maybe the price is so low that it's not worth selling, and it makes more sense to keep it and use it.

 

 

Exactly. I wouldn't let mine go for a low price, considering you also need to subtract 15% for eBay/paypal fees from the final sale price. With 1000-1200 dlls you get a D-Lux 109 at the most. 

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Well I just sold mine for what I thought was a fair price through the classifieds here on the forum. My problem was that with 2 x M9s the M8.2 simply wouldn't get used. If I was likely to have used it I would have kept it because its an excellent camera, but I won't keep stuff that simply sits, especially digital - it deserves to be used. All that said, I think that at the current prices its very good value for money and/or too cheap to sell if its still being used, even only as a back-up (which is what mine was until I got a second M9). So mine went when its viability to me dropped sufficiently. As some dealers won't sell them I suppose there are obstacles in the way of selling if its not essential, or you don't feel like I do, so perhaps owners are mostly hanging on to them.

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I keep my M8, and will continue to keep it, primarily for hand-held infra-red photography for which, in my humble opinion, it has no equal.

 

Pete.

 

The results using it for Black and White put it very close to the Monocrom . The main disadvantage being the sensor size.

BrianP

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At the current going prices M8 cameras of any kind are truly under-prized for how they perform.

I would never sell my M8.2 for what they are going at the moment as it's practical value - even when only used occasionally is far higher then the current prices.

 

Comparing it to my MM, it lacks only in these points:

- lower usable ISO

- less speed in operation (this is not a camera you want to chimp with, so just treat it like a film  body)

- smaller sensor resulting in different lens choices

- lower bit rate of files when used in normal operation (without making use of it's better quality .RAW file format)

 

It delivers the very same per pixel acuity as the MM.

It has a convenient display to read battery charge at a glance (which EVERY Leica digital should have).

It shares the same batteries as my M9 and MM.

It operates in an almost identical way.

I even found some lenses I prefer to use on the M8.2 rather than on full frame like some 21mm lenses or certain long lenses (where reach is still not sufficient, so further cropping is likely).

 

Selling a M8 makes sense if one is strapped for cash or has an entirely different system setup (like running a more modern gen digital system with different batteries, mode of operation, etc).

 

M8 bodies were always fantastic, reliable cameras once one looks past the IR contamination and crop sensor.

 

My M8.2 was once my main camera, I used for some years on a daily basis.

It never failed me, it never needed a trip back to Leica or any repair or tuneup other than the normal RF calibration every other year.

It has been more reliable than all other digital Leica cameras I have owned.

 

I treat my M8.2 nowadays like the odd expired roll of film I find in the bottom of a bag.

I will take it with me and just enjoy shooting with it without any expectations of producing masterpieces or any constraints as per it's use. It is just pure freedom in picture making.

 

22817800043_f686546422_z.jpgLeica M8.2 two lens kit by teknopunk.com, on Flickr

 

25067706592_70df6d5173_z.jpgUntitled by teknopunk.com, on Flickr

 

24818274509_8abe6ac055_z.jpgUntitled by teknopunk.com, on Flickr

 

24555285914_7e536aedae_z.jpgUntitled by teknopunk.com, on Flickr

 

25197577181_aa7eb72cbf_z.jpgold man portrait by teknopunk.com, on Flickr

 

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At the current going prices M8 cameras of any kind are truly under-prized for how they perform.

I would never sell my M8.2 for what they are going at the moment as it's practical value - even when only used occasionally is far higher then the current prices.

 

Comparing it to my MM, it lacks only in these points:

- lower usable ISO

- less speed in operation (this is not a camera you want to chimp with, so just treat it like a film  body)

- smaller sensor resulting in different lens choices

- lower bit rate of files when used in normal operation (without making use of it's better quality .RAW file format)

 

It delivers the very same per pixel acuity as the MM.

It has a convenient display to read battery charge at a glance (which EVERY Leica digital should have).

It shares the same batteries as my M9 and MM.

It operates in an almost identical way.

I even found some lenses I prefer to use on the M8.2 rather than on full frame like some 21mm lenses or certain long lenses (where reach is still not sufficient, so further cropping is likely).

 

Selling a M8 makes sense if one is strapped for cash or has an entirely different system setup (like running a more modern gen digital system with different batteries, mode of operation, etc).

 

M8 bodies were always fantastic, reliable cameras once one looks past the IR contamination and crop sensor.

 

My M8.2 was once my main camera, I used for some years on a daily basis.

It never failed me, it never needed a trip back to Leica or any repair or tuneup other than the normal RF calibration every other year.

It has been more reliable than all other digital Leica cameras I have owned.

 

I treat my M8.2 nowadays like the odd expired roll of film I find in the bottom of a bag.

I will take it with me and just enjoy shooting with it without any expectations of producing masterpieces or any constraints as per it's use. It is just pure freedom in picture making.

 

22817800043_f686546422_z.jpgLeica M8.2 two lens kit by teknopunk.com, on Flickr

 

Great story Dirk.  You say it all about the M8. Very envious of your camera...it's really got street cred.

I always look at your images...a master who knows his tools.

all the best Dave S

Edited by david strachan
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  • 1 month later...

I wouldn't risk listing fees when I see fleabay swamped, in case I wanted money out of a deal and set my reserve accordingly.  (Some sales are more about gaining space and finding homes for something you'd hate to trash.)

My usual dealer has two M8s listed right now.  They are more expensive than what I bought (there) but have way fewer clicks on their counters, so probably a good choice to restock with those, if you are shooting heavily.

I doubt the market to ever dry up. - Where are all the cameras supposed to go? Even folks buying their first M8 now might get tired of it, need their investment for something different, or have broke heirs...

The next M (240-follow up) release is due soon. - Shouldn't that one trigger a wave of upgrades and trade ins?

Upon selling my own: Why should I? - I got it only 2 years ago.

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