Archived posting to the Leica Users Group, 2000/02/18
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Some one is missing the point. A two year-old EOS may well sell for 80% of it's original price. And a two-year-old M6 may ONLY sell for %70 of its value...But five years from now, that $1400 M6 will still be worth a good 85% of the price for which you purchased it used - and it will probably hold that price for years, if not decades. On the other hand, in five years the twice-used EOS will probably be worth, at most 40 to50% of the price for which you purchased it used...and it will go steeply down hill from there.... - -----Original Message----- From: owner-leica-users@mejac.palo-alto.ca.us [mailto:owner-leica-users@mejac.palo-alto.ca.us]On Behalf Of Thomas Kachadurian Sent: Friday, February 18, 2000 4:17 PM To: leica-users@mejac.palo-alto.ca.us Subject: Re: [Leica]Konica Hexar...It ain't no Leica.. Dan: But pretty bad for camera equipment. I two year old Canon EOS anything is worth about 80% of new, sometimes more. Some of the orignal Hexars sell for nearly their new prices. Leica lenses hold much more than 70% of their value. Face it guys, the great reign of the M6 is over. The king is dead. Tom >A 30% reduction from new with warranty to used without, is excellent resale >value retention on a consumer product. >> >> 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. Thomas Kachadurian ==================== www.kachadurian.com