Archived posting to the Leica Users Group, 2000/02/18

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Subject: Re: [Leica]Konica Hexar...It ain't no Leica..
From: John Collier <jbcollier@home.com>
Date: Fri, 18 Feb 2000 07:35:13 -0700

A 30% reduction from new with warranty to used without, is excellent resale
value retention on a consumer product. I work on Jaguar cars and it is quite
common to see five year old cars (no rust and low miles) selling for
10,000CAN to 15,000CAN when they originally sold for 90,000CAN. So buy that
LHSA black paint special and leave the Jags alone! In our business we we
call the traditional sport's car red: Retail Red. We sometimes feel we could
paint our wash bucket and mop RR and someone would ask to buy it. I think
Leica should make a Retail Red special edition with no production limits and
watch their stock fly through the roof.

John Ain't Jokin Collier


> From: Austin Franklin <austin@darkroom.com>
> Date: Fri, 18 Feb 2000 08:09:49 -0500
> Subject: RE: [Leica]Konica Hexar...It ain't no Leica..
> 
> Think about it. That nice M6 sold for $1800-$2000 two years ago. How
> is that holding value?
> 
> [Austin] What it sold for originally was not the point, if you buy one for
> $1200 NOW, and it is always worth at least $1200, then that camera has held
> its value.