wilfredo Posted October 30, 2006 Share #1 Â Posted October 30, 2006 Advertisement (gone after registration) Any body care to guess how many people making the M8 purchase are actually buying cash (even of they use a credit card and will pay it off immediately) or credit? Can those buying with plastic really afford it? Â I sometimes worry that Leica forums such as this one may actually be encouraging debt for those who really don't have the financial means to purchase a $4800.00 camera body. I may be wrong, but I can't imagine that all those taking the plunge are loaded with cash. Â Cheers, Wilfredo+ Benitez-Rivera Photography Link to post Share on other sites More sharing options...
Advertisement Posted October 30, 2006 Posted October 30, 2006 Hi wilfredo, Take a look here M8's for Cash. I'm sure you'll find what you were looking for!
erl Posted October 30, 2006 Share #2 Â Posted October 30, 2006 I reckon it will be about the same percentage as people buying a new/old car, or any other item of desire/need. Â Welcome to our world! Â Cheers, Erl Link to post Share on other sites More sharing options...
Guest guy_mancuso Posted October 30, 2006 Share #3 Â Posted October 30, 2006 I'm minus one kid Link to post Share on other sites More sharing options...
adan Posted October 30, 2006 Share #4 Â Posted October 30, 2006 I've had a "digital-M" fund set up for 10 months. Tossed in various "extra" bits of income (overtime, tax refunds) - plus $30 for every 100 exposures I made with the Sony R1 (in lieu of purchasing/processing costs for 3 rolls of film) - that part is up to $1500 all by itself. Â Looks like I'm on budget and ahead of schedule (thanks to Leica beating the $5000 target and being BEHIND schedule). Â It's actually been good training in practicing economy - someday I'll have to live off a fixed income. Link to post Share on other sites More sharing options...
Jamie Roberts Posted October 30, 2006 Share #5  Posted October 30, 2006 For me it's an arm and a leg, Guy!  Wilfredo...but it's always been that way with digital, hasn't it? I'm always leasing one camera, and usually I buy one. And I have an AF, all-purpose backup (currently a Canon 5D, which, with the R lenses it works with, is a nice fail-safe).  Anyway, both leasing and buying has their unique tax advantage here in Canada.  And really, the M8 isn't that much more here than the Canon 5d. A few hundred dollars, actually. Ok, the 50 mm lens is wee bit more  But honestly, if you're strapped for $$, you can use inexpensive, and good, lenses on it too! Not to mention old ones. You can get older, perfectly ok, M compatible lenses from many a used shop for not much money these days. They're not perfect or dust free, even, but they're still optically pretty interesting, if you're not in business.  It more depends on if you want a rangefinder or not, I think. If not, and you're an amateur, you can get a perfectly good 4/3 Pana/ Leica system. And it *is* good, within its limitations.  Anyway, if you're buying for the business, then it's an investment with risk, and new leases are always expensive and always financially risky, when you're talking about top-end digital portables.  I don't have the $$ for the real studio equipment yet (this is relative, eh? I shudder when I think what one of the big Phase or Sinar backs is worth!).  But we also don't have the business currently to warrant a Phase back (I can always rent if I need to). If we did, I'd have it now, of course.  But the M8 will be a money maker for me... a real working pro camera.  So, since I'm writing it off, yep--it's going on a CC, but I guess that's just another way of saying the business is paying for it (because the business pays the card). I'm hoping (and I really mean this) that we're going to be able to get different business value from an M8: I think it will let me take pictures I wouldn't get otherwise. That's a pretty high business value right there.  And I have all the stuff I need to process and print the pictures, so no hidden costs.  Can I / the business really afford it? Sigh. It's risky. But nothing ventured, nothing gained. Our digital business is still pretty new, even though we've been at it for 5 years (which seems like a lifetime in digital--there's a new camera worth looking at every 18-24 months. Which figures, since they're all computers now )  But with Leica, at least I'm *off* the lens roller coaster for awhile. It will be awhile yet before the new R digital and M digitals use all the available stuff the lenses can deliver, I think. And while I will pick up a Noctilux if I, like, double our income, well, it can wait for now Link to post Share on other sites More sharing options...
Bob Ross Posted October 30, 2006 Share #6 Â Posted October 30, 2006 I've had a "digital-M" fund set up for 10 months.It's actually been good training in practicing economy - someday I'll have to live off a fixed income. Indeed Andy. My digital venture capital fund dates back decades, knowing that I would want to buy new toys to enhance my retirement experience. When I retired in '98, I was looking to a new medium format system, but then I got pixelated:) Bob Link to post Share on other sites More sharing options...
bradreiman Posted October 30, 2006 Share #7 Â Posted October 30, 2006 Advertisement (gone after registration) i was going to do the credit card thing and pay it off over a year but... i put $20 in a slot machine the other night and won $6000.00. fortuitous....b Link to post Share on other sites More sharing options...
adan Posted October 30, 2006 Share #8 Â Posted October 30, 2006 Bradley: So now you're putting $5000 into the M8 slot and hoping it won't be worth $20 in two years (as the doomsayers claim - not me!) Â 8^) Link to post Share on other sites More sharing options...
marknorton Posted October 30, 2006 Share #9 Â Posted October 30, 2006 I was raised not to buy anything which is going to lose value with borrowed money (or gamble to do it!). "If you haven't saved up for it, you can't have it". A bit old fashioned for this boomer, I guess, a consequence of my parents struggling in post-war austerity. So it's cash for me. Link to post Share on other sites More sharing options...
scott kirkpatrick Posted October 30, 2006 Share #10 Â Posted October 30, 2006 My thinking is that the M8 body represents $300 per year that will not be going into the college savings fund. Put that way, I expect to get more than $300 per year in value (fun) out, and if I don't I can get much of the money back. But if I had to pay, say, $500 per year for the M8, I would think differently. It wouldn't be as much fun. Â scott Link to post Share on other sites More sharing options...
bradreiman Posted October 30, 2006 Share #11 Â Posted October 30, 2006 andy-ive never been able to sell a leica-too much sentimental attchment. we'll see if that holds true with m8. i realy want a black paint version so i could possibly sell mine to get black lacquer if it comes out. its funny-all my colleagues were around when i hit the slot and immediately they all exclaimed ...that will buy your camera!! or some variations. none of them are photographers but they have heard me go on and on about the m8. i wasn't even going to gamble but security made me go smoke my cigarette on the carpet by the slot machines. i was down to 1 dollar and hit the 6000 jackpot. called my girlfriend and all she had to say was..."you can get me one too now!"....b Link to post Share on other sites More sharing options...
squiff Posted October 30, 2006 Share #12 Â Posted October 30, 2006 I think thats a brilliant idea Brad, get your girlfriend one too! Link to post Share on other sites More sharing options...
truando Posted October 30, 2006 Share #13 Â Posted October 30, 2006 I sold a bunch of equipment on ebay, and immediately paid the money to the store I ordered the M8 from. All I have to do is pick it up when it's there Link to post Share on other sites More sharing options...
cbretteville Posted October 30, 2006 Share #14 Â Posted October 30, 2006 Cash. I've sold off unused stuff and saved for the past year and a half. I dropped any loos change I had when coming home in a jar, took it to the bank a coupple of weeks ago and it was 15% of the price of an M8. Never even noticed the reduction on spendable funds. Â I'm good to go if I so decide. Still have a few bits to sell off as I might just want to see if I can squeeze in an upgrade to my 28 Elmarit-M as well. Â - Carl Link to post Share on other sites More sharing options...
Rolo Posted October 30, 2006 Share #15  Posted October 30, 2006 My new TEXAS Leica will be covered by the sale of MF gear, because I won't need it any more according to Sean !!   Thanks Sean.  Payment Details  Transaction ID:0LD84186Y........ Item Price:$26.50 USD Total:$26.50 USD Item/Product Name:1-year ReidReviews.com subscription Item/Product Number:1yr Link to post Share on other sites More sharing options...
wilfredo Posted October 30, 2006 Author Share #16  Posted October 30, 2006 Brad wrote:  i was going to do the credit card thing and pay it off over a year but... i put $20 in a slot machine the other night and won $6000.00. fortuitous....b  I suppose that's the best way to finance the purchase of a new M8 :-) Well, I'm actually encouraged that at least those who have responded here seem to have their feet on the ground. I've thought of selling my M7 but find that I have an emotional attachment to film even though I prefer the resolution on a digital image, and my next camera will probably be what follows the Canon 5D.  I handled the M8 the other day and I didn't have a "WOW" experience, but if I do purchase one I'll plan for it. I don't think I'll sell my Lucia (M7) pictured below ©. If I were a pro, it would probably be different for me, I would certainly want the convenience of a digital M camera ASAP.  Cheers, Wilfred Benitez-Rivera Photography Welcome, dear visitor! As registered member you'd see an image here… Simply register for free here – We are always happy to welcome new members! Link to post Share on other sites Simply register for free here – We are always happy to welcome new members! ' data-webShareUrl='https://www.l-camera-forum.com/topic/8140-m8s-for-cash/?do=findComment&comment=80631'>More sharing options...
wparsonsgisnet Posted October 30, 2006 Share #17 Â Posted October 30, 2006 Like Andy, I've been putting money into the milk bottle and have the cash ready. Â Unfortunately, I'm thinking that losing the D2 zoom is going to be pretty inhibiting, so a second M8 body would be very handy. And, I wasn't thinking about that when feeding the milk bottle. Â Maybe I'll use Bradley's solution. Â Regards, Link to post Share on other sites More sharing options...
johnastovall Posted October 30, 2006 Share #18 Â Posted October 30, 2006 I'm using plastic because, I'll get a Zillion Amazon points to apply to another 5D body. Â I've found using Amazon's credit card (pay every month) for big ticket camera items with the points, free shipping and no sales tax the way to go. Â As for the cash, the markets over 12,000 and I've sold off several of my trap guns since I'm not shooting competatively any more. It just depends on which account I want to take it from. Link to post Share on other sites More sharing options...
davidada Posted October 30, 2006 Share #19  Posted October 30, 2006 Sold on Ebay, My M5,Contax G2,16mm Hologon, 21mm Biogon,35 Ultron, Leica SL2,Olympus O product and Macintosh stereo tuner  Had buyers remorse purchased mint M6!  Still have enough to cover the M8 and if I find I just stop using the M6 I will sell that and buy a nice piece of glass for the M8, and as soon as I have the M8 my Nikon d200 will go! Link to post Share on other sites More sharing options...
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