Leica X Prices and Values

[richfx]

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Wondering whether the new LeicA Q will  depress sales and therefore resale and new values / prices of the X1, X2 X Vario and X 113s.

I  ordered an X 113 this week, but canceled the order after the Q was announced. I don't think I'm in the market for a Q, as I have an M9, but I'm curious whether the X cameras have now been rendered old / obsolete.

Rich

[Steve Ash]

I wonder if the market would not also notice the price difference of both product lines. You did, didn't you?

[Douglasco]

I am sure the X line is going to be around for some time to come. When the X1 came out it never affected the D-Lux range. The Q is a very nice camera but I will be sticking with my XV for a long while yet. Its got a superb lens and it was at a price I could afford.

[danmitch]

Once you add lens hood and EVF to the X113, the price difference drops to around £900.

 

I believe many Leica customers are not highly price sensitive so I am positive that whilst the Q will add overall volume to sales, it will reduce some X sales, particularly X113. I have had my X for under a year and whilst I am in no hurry to change it for a Q and prefer 35mm equiv to 28mm , I suspect I may have done the same as you Rich. I don't believe the Q competes with the XV.

[wda]

Once you add lens hood and EVF to the X113, the price difference drops to around £900.

 

I believe many Leica customers are not highly price sensitive so I am positive that whilst the Q will add overall volume to sales, it will reduce some X sales, particularly X113. I have had my X for under a year and whilst I am in no hurry to change it for a Q and prefer 35mm equiv to 28mm , I suspect I may have done the same as you Rich. I don't believe the Q competes with the XV.

Taking your last point, I would say the Q would make a good companion to the X Vario notwithstanding the different sensor sizes.

[earleygallery]

I think it's obvious that it will affect sales of the other cameras, including the M. 

 

Some people simply must have a Leica, so it's not about what other makes they could buy for a given spec, it's a case of buying a Leica that will do most of what they want it to. 

 

There are already posts from some members who have said the Q will replace their M digital. 

 

I guess it doesn't matter too much - it's still business for Leica. 

[jaapv]

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Wondering whether the new LeicA Q will  depress sales and therefore resale and new values / prices of the X1, X2 X Vario and X 113s.

I  ordered an X 113 this week, but canceled the order after the Q was announced. I don't think I'm in the market for a Q, as I have an M9, but I'm curious whether the X cameras have now been rendered old / obsolete.

Rich

If you are not in the market for a Q it is a bit surprising that you cancelled your order for a 113.

 

Buying a digital camera for its resale value is a futile exercise. So the value will drop to a few hundred dollars in three years rather than four. Who cares?

[luigi bertolotti]

)

Wondering whether the new LeicA Q will  depress sales and therefore resale and new values / prices of the X1, X2 X Vario and X 113s.

I  ordered an X 113 this week, but canceled the order after the Q was announced. I don't think I'm in the market for a Q, as I have an M9, but I'm curious whether the X cameras have now been rendered old / obsolete.

Rich

Well...the Q can be seen as a sort of X 113 , when you crop the FF sensor  ...same lens name and  aperture, same equivalent focal , similar macro capability, similar handling... with some pluses (EVF, FF and 28 FOV, 4x max ISO) for which you pay a certain amount over the X113 : so in THIS moment, there is a clear positioning of the two models :  the zoomed XVario has always been perceived by many as an "odd-collateral" beast (and we hardcore leicistes do still feel the halo of its famed/naif marketing plot...  ) but in general terms also its pricing/role doesn't fit wrong in the current lineup: after all Stefan Daniel said 2 or 3 years ago that Leica still believed in the role of APS and they maintained this : the future of the X is uncertain but this applies to LOT of platforms from LOT of vendors, and, as Jaap said, the used resale value is an immaterial factor with digitals (which can result in some bargain possibilities...a friend of mine just bought a 3 year NEX 5 for 200 Euros... lended him my Summicron 90 : great images...)

[steveBK]

I am happy the Q is 28mm.. since it means I'm not buying one immediately ;-) !!

In any case, I'm a recent X 113 owner (and longtime M owner).. got it for its lightweight, yet classic handling (for a fixed lens compact-isn camera).

 

When I see the Q, I am very impressed with what they have done, I see it as a refinement of the X.

It seems they took much of the X 113 handling, and improved it for a larger/heavier, full frame body.

 

For me, a 50mm Q would be very interesting.

The pricing would still give me pause as an M240+50lux owner (and A7s owner).. exactly where it would fit in to my kit, and whether I'm just creating more expensive redundancy.

[richfx]

If you are not in the market for a Q it is a bit surprising that you cancelled your order for a 113.

 

Buying a digital camera for its resale value is a futile exercise. So the value will drop to a few hundred dollars in three years rather than four. Who cares?

My thought was that prices for a new X 113 would come down pretty quickly after the Q's introduction as dealers ordered the latter and looked to move existing X 113 inventory. 

I think I'm going to buy one, but didn't want to overpay under that scenario.

[wda]

There could be a realignment of X prices. That has already happened with the X Vario.

[bernie.lcf]

The X Vario is only temporarily discounted.  The retail price is still the same except for any currency adjustments. 

I have actually never experienced a drop in sugested retail price at Leica except for the Panaleicas and only when it had already been replaced by a newer model months ago. 

[pbizarro]

I don't understand why introducing a FF fixed 28mm camera would turn obsolete a APS fixed 35mm (equivalent) camera...

 

Different markets, different tools.

[earleygallery]

My thought was that prices for a new X 113 would come down pretty quickly after the Q's introduction as dealers ordered the latter and looked to move existing X 113 inventory. 

I think I'm going to buy one, but didn't want to overpay under that scenario.

 

Well if you don't need the camera now, wait and see what happens. I think you'll have to wait until the Q is freely available (i.e. after the initial demand has dropped off) at the very least - so it depends how soon you want the new camera. But then, if you can wait that long, do you need it at all? Spend the money on a nice holiday instead!

[richfx]

Well if you don't need the camera now, wait and see what happens. I think you'll have to wait until the Q is freely available (i.e. after the initial demand has dropped off) at the very least - so it depends how soon you want the new camera. But then, if you can wait that long, do you need it at all? Spend the money on a nice holiday instead!

Thanks, James. Good advice which I didn't take - I ordered an X 113 today and look forward to testing it out.

[asiafish]

Thanks, James. Good advice which I didn't take - I ordered an X 113 today and look forward to testing it out.

 

Congrats, the X 113 is a terrific camera.  I am leaving for Korea later today and am bringing the X113 and M-E with a 50mm only, and expect the X to cover about 80% of what I do.

[rivi1969]

Please don't tell my X1 about the new Q... I am worry it might become obsolete.

 

I will never understand the obsolescence argument. My M8 at this very moment is partially obsolete because of sensor vertical lines, not because there has been a thousand camera releases every month for the last 9 years. 

[rivi1969]

When I see the Q, I am very impressed with what they have done, I see it as a refinement of the X.

It seems they took much of the X 113 handling, and improved it for a larger/heavier, full frame body.

 

I see the Q as an X 113 on steroids.

[colonel]

Apart from the EVF I prefer the 113 over the Q for the FL, the quality of the photos (who needs more) and the price.

As the Q is double the price I am not sure why they conflict

 

As to people who say that a new camera will replace their old system. Many folk leave the M as they have a desire for AF. Any camera can trip this need. 

 

I am amazed that M8s still sell for £1,000. I wouldn't abandoned any camera I like due to worry about a new one making it less popular. Although any new Leica camera sometime does create a spike of availability and lower price on the used market. Good for some of us

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[asiafish]

Apart from the EVF I prefer the 113 over the Q for the FL, the quality of the photos (who needs more) and the price.

As the Q is double the price I am not sure why they conflict

 

As to people who say that a new camera will replace their old system. Many folk leave the M as they have a desire for AF. Any camera can trip this need. 

 

I am amazed that M8s still sell for £1,000. I wouldn't abandoned any camera I like due to worry about a new one making it less popular. Although any new Leica camera sometime does create a spike of availability and lower price on the used market. Good for some of us

Yup.  The release of the M246 and impending replacement for the M240 have driven M9 prices down.  Good for me, as my brand-new M-E was only $4200 shipped from an authorized dealer.  I've been wanting an M-E for some time, was saving my pennies, and the unofficial price drop made it a reality.

 

As for the X, I wanted one since it was announced, waited until they hit the used market and got a near new one for $1650 way back in December 2014.  I knew the X was for me because I was very happy with everything about the X Vario except speed of the lens.  I originally planned on pairing the two cameras, but since getting the X I rarely use the Vario and will now sell it to help fund a 28mm Elmarit ASPH for my M-E.  As good as the zoom on the X Vario is, I find myself preferring the prime at f/1.7.

 

I initially thought about selling both X cameras to buy the Q, but after using my X extensively this past week in Korea I couldn't stand to let it go.  Yes, the Q is much improved in handling and the better EVF is built-in, but the price difference more than covers that 28 Elmarit, and I prefer the M series for what I would use a 28mm focal length for.