marknorton Posted February 5, 2009 Share #1 Posted February 5, 2009 Advertisement (gone after registration) Ignoring the possibility of an error on their site, Robert White in the UK are now listing the M8.2 as shown, significantly down from before. Price excludes UK VAT. By comparison, Leica Berlin are showing it at €4197 + tax, B&H $5995 + tax... Robert White - Specialist Camera and Photographic Suppliers of Nikon, Canon, Leica, Hasselblad, Mamiya, Zeiss Ikon, Voigtlander, Quantum etc. Quote Link to post Share on other sites More sharing options...
Advertisement Posted February 5, 2009 Posted February 5, 2009 Hi marknorton, Take a look here M8.2 now £2955/€3380/$4327 at Robert White. I'm sure you'll find what you were looking for!
ArtZ Posted February 5, 2009 Share #2 Posted February 5, 2009 Mark, Maybe it has something to do with this: BBC NEWS | Business | Panasonic set to cut 15,000 jobs ... Quote Link to post Share on other sites More sharing options...
marknorton Posted February 5, 2009 Author Share #3 Posted February 5, 2009 I'm sure it does, if indirectly. Canon have curtailed their investment, Nikon are reporting a loss but for those wondering whether the time is right to buy an M8.2, it's quite interesting. As of now, the cost of the M8 to M8.2 upgrade is €2000, so what's the residual value of an M8, I wonder? Quote Link to post Share on other sites More sharing options...
andybarton Posted February 5, 2009 Share #4 Posted February 5, 2009 How would these two items be linked? Quote Link to post Share on other sites More sharing options...
ArtZ Posted February 5, 2009 Share #5 Posted February 5, 2009 ...but for those wondering whether the time is right to buy an M8.2, it's quite interesting. As of now, the cost of the M8 to M8.2 upgrade is €2000, so what's the residual value of an M8, I wonder? I'm not considering buying a 3rd M8... Maybe it is interesting for those who doesn't have a M8 yet, but for those who have already one body but are considering to get a second one... I think, I will wait till PMA 2009. The residual value of my two upgraded M8 is ...nil? Quote Link to post Share on other sites More sharing options...
marknorton Posted February 5, 2009 Author Share #6 Posted February 5, 2009 How would these two items be linked? No idea, perhaps Bill can make the connection... Quote Link to post Share on other sites More sharing options...
ken_tanaka Posted February 5, 2009 Share #7 Posted February 5, 2009 Advertisement (gone after registration) Leica is going to have a very, very hard time selling M8s for anything close to their standard prices for years. Even when economic conditions begin to recover in 2010 or 2011 (by earliest forecasts) people won't resume their days-of-wine-and-roses styles until long afterward. Quote Link to post Share on other sites More sharing options...
ArtZ Posted February 5, 2009 Share #8 Posted February 5, 2009 How would these two items be linked? Panasonic, Nec, Sony, Toyota... and many other Japanese Corporations are cutting down jobs worldwide... I don't see how Leica could resist this global crisis... Panasonic closes 27 factories... and we don't know yet how/if this can affect Leica business... No idea, perhaps Bill can make the connection... :D Quote Link to post Share on other sites More sharing options...
sandymc Posted February 5, 2009 Share #9 Posted February 5, 2009 Interesting in context of this thread: http://www.l-camera-forum.com/leica-forum/customer-forum/75552-re-wait.html Sandy Quote Link to post Share on other sites More sharing options...
andybarton Posted February 5, 2009 Share #10 Posted February 5, 2009 These a connected only in as much as everyone, everywhere, is cutting jobs. Not heard of any job cuts at Leica (they are all beavering away getting the S2 completed), but to cut prices in this market is a sensible move. Quote Link to post Share on other sites More sharing options...
barjohn Posted February 5, 2009 Share #11 Posted February 5, 2009 I guess the real question is whether dealers are cutting price to get rid of unsold inventory and improve their cash position or whether Leica is cutting prices to try and find the sweet spot for sales so they can keep manufacturing going. If we continue to see this kind of price erosion it won't be long before a $3K M8.x will be a reality. I have noticed that several sites no longer list the M8 so they may have unloaded their M8 inventory and are now working on the M8.2 inventory. I wonder how long it will be before we see lens prices start tumbling too. They are priced way too high for this market and the value proposition discussed in Luminous Landscape. Quote Link to post Share on other sites More sharing options...
robola Posted February 5, 2009 Share #12 Posted February 5, 2009 FWIW I bought a new M8 from Richard Caplan several weeks ago for 1776 GBP ex VAT and rebate. Quote Link to post Share on other sites More sharing options...
barjohn Posted February 5, 2009 Share #13 Posted February 5, 2009 That is around $2,600 at today's conversion rate. Quote Link to post Share on other sites More sharing options...
sdai Posted February 5, 2009 Share #14 Posted February 5, 2009 Second hand M8s will soon be at US$1500 mark ... Quote Link to post Share on other sites More sharing options...
andybarton Posted February 5, 2009 Share #15 Posted February 5, 2009 When will they go below the second hand price of an M7 or MP? Quote Link to post Share on other sites More sharing options...
Jamie Roberts Posted February 5, 2009 Share #16 Posted February 5, 2009 The other "elephant in the room" suggestion is that perhaps Leica and dealers are making way for new cameras to fill the M8.x current slot at the top of the RF market (and maybe something else at the "entry" level"). FWIW, the global recession might be deep but short given the trillions in stimulus...and Leica could be well positioned with new offerings by the end of the year. Quote Link to post Share on other sites More sharing options...
barjohn Posted February 5, 2009 Share #17 Posted February 5, 2009 Jamie, Very optimistic both in terms of the economy and Leica's capabilities. I suspect the S2 is eating their resources and limiting their R&D, never mind an R10. While I can't speak to the rest of the world, I don't see the current US stimulus package doing much to stimulate the US economy. Maybe the final bill will change my opinion but not the current one. Quote Link to post Share on other sites More sharing options...
sdai Posted February 5, 2009 Share #18 Posted February 5, 2009 When will they go below the second hand price of an M7 or MP? Actually, it happened already ... you should check the price of a perfectly mint MP. Film and digital cameras are like apples to oranges, Andy ... digital changed the game plan. I think Leica must be the worst investment on Dr.Kaufmann's record. Quote Link to post Share on other sites More sharing options...
ken_tanaka Posted February 5, 2009 Share #19 Posted February 5, 2009 The other "elephant in the room" suggestion is that perhaps Leica and dealers are making way for new cameras to fill the M8.x current slot at the top of the RF market (and maybe something else at the "entry" level"). FWIW, the global recession might be deep but short given the trillions in stimulus...and Leica could be well positioned with new offerings by the end of the year. Jamie; I've no idea what Leica plans, but the deep-but-short recession is, I'm sad to say, wishful thinking. The trillions of (mostly future-borrowed) dollars/pounds/Euros of "stimulus" won't get anything moving forward, any more than jacks can dig mines. History has taught us long ago that the main benefit and role of artificial government fund support is to control public despair and anger. Only restored faith in capital markets will get the world, or at least the U.S., moving again. Even the "luxury goods" brands (of which Leica is a member) are hunkering down hard for the long haul. I think that, given the private and limited nature of Leica's capital funding, we should just hope they survive at all. Or not, in which case we'll all own collectors' items. Quote Link to post Share on other sites More sharing options...
Guest Luis D Posted February 5, 2009 Share #20 Posted February 5, 2009 Very much for thought. If it can be bought a new M8.2 for $4325 (with 2-yr warranty), and unless already scheduled for an upgrade, the cost of shutter/glass/frames (with 1-yr warranty) is $2100, it is only sensible economics to do the upgrade if the used M8 cannot be resold for more than IMHO $1500. So far as it can be resold for $2000 or thus, it makes better intelligence to sell him and buy from White a new M8.2. On subjects of the stimulus, it feels to many of us a familiar political cronyism between the Democratic party and various unions. It will borrow (or print) money to create work projects for union workers. They will pay into union dues, and union leaders will get richer. Then because the real problems are not solved, it will be time to repay this borrowings, but it will be only after Obama has served two terms and calls a hero. It is same like happened with Clinton, who BTW was the one who signed law to relax Fannie and Freddie lending requirements in order to make available more loans to minorities. This stimulus is like the shot of adrenaline for someone who heart is failing. He may get up and go home, but sooner or later his heart will again stop. Quote Link to post Share on other sites More sharing options...
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