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Thread: Leica Lens Price Increases

  1. #1
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    Leica Lens Price Increases

    Effective immediately




    Please find attached the January 1, 2012 Leica Authorized Dealer Price List which is effective immediately. We regret the need for this round of increases and have taken all prudent steps to mitigate and even avoid it.

    However, due to a significant rise in the cost of certain materials used to manufacture Leica lenses, Leica has been forced to increase its lens prices accordingly. The increase in costs relates in particular to certain types of speciality glass containing rare-earth materials. Rare-earth materials are also used to polish optics in the production of lens elements. Further significant increases in costs have resulted from the rise in noble metals base prices, and the cost of labor.

    Leica’s focus remains first and foremost on providing a premium customer experience and products of outstanding build and performance quality. The level of price increase will depend on each lens design and its production requirements.

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    Re: Leica Lens Price Increases

    omg, gotta keep them all
    thanks for the new

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    Re: Leica Lens Price Increases

    Yeah, the exchange rate excuse no longer works.

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    Re: Leica Lens Price Increases

    Black$tone?

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    Re: Leica Lens Price Increases

    I always thought Leica lenses where too expensive when I bought one. However, with hindsight, all my purchase decisions turned out to be excellent "investments". I'm glad I bought all the m-lenses I'll ever need a couple of years ago, the last ones in 2008 in the UK when the Lstg hit rock bottom relative to the USD and Leica offered a special rebate on top (new Summicron 28 for USD 1800). Compared to the excellent ZM offerings, Leica glass has reached fetish level, in my opinion.

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    Re: Leica Lens Price Increases

    Terry - I think I made a comment on rare earth / mineral sands prices a few months back in some thread and yes I suspect that the US dollar purchasing power continues to decline relative to the cost f material inputs.

    I might sell all my Leica M lenses and buy a boat

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    Re: Leica Lens Price Increases

    Maybe Blackstone forces them to take advantage of the higher demand than what they can deliver?

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    Re: Leica Lens Price Increases

    If I were a betting man I'd say that lens availability is going to increase vastly in the immediate future... I knew I should've bought that 24 Elmar the other day...
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    Re: Leica Lens Price Increases

    Big increase on the 75 Summicron (>10%).

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    Re: Leica Lens Price Increases

    Quote Originally Posted by t_streng View Post
    Maybe Blackstone forces them to take advantage of the higher demand than what they can deliver?
    Possibly but, if that's the case, you'd think that they would have taken advantage of the demand for the 35 Summilux and raised the price $500 or so.

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    Re: Leica Lens Price Increases

    And there I was yesterday with someone telling me he thought a $900 lens was excessively pricey ...

    If you buy two or three lenses and use them for a life time, the prices don't seem more than just "rather pricey." ;-)

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    Re: Leica Lens Price Increases

    Don't they do this every year?
    I thought so.

    Interestingly, on the one hand you can watch the price of (say) the Fuji X100 going down about $50 per month, whilst Leica prices either stay the same (cameras) or go up (lenses).

    I have mixed feelings about this - cost of ownership may be a different thing from cost of purchase, and at least it means that if you splash out on Leica gear then you'll likely get most of it back again later.

    Whatever - as far as I'm concerned it's nice to see that Leica are making a bit of money these days - 3 or 4 years ago it looked they might not survive.

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    Re: Leica Lens Price Increases

    Why do you think the supply will increase?

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    Re: Leica Lens Price Increases

    Now that the Euro is cheaper vs the dollar there are fewer Euros per dollar. So if you start off with a euro based price list, you would need to increase $ prices to end up with the same number of Euros. So my question is whether the prices in Euros are up also or if this is exchange rate adjustment? Or am i missing something?
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    Re: Leica Lens Price Increases

    For comparison, my first Leica, a used M2 with DR Summicron cost $250.00 in 1970. That's about $1,400 in today's dollars, by the Consumer Price Index. Both camera and lens were the "previous model."

    Today, on eBay's "completed listings," a used 50 Summicron goes for $900 for a v.3 to $1600 for the current formula (sometimes even a "tabbed" one from the 80s!). A used M6 goes for $1,100 to $1700. Take the average of both, you get $2,560 for a film M and a standard lens. Even with the decline in film, a similar package now costs 1.9x today what it did in 1970.

    Put a used M8.2 into the equation, and the camera cost goes up to between $3,000-3,350, average $3,175, total for camera and lens, $4,425. That's an increase of 3.2x.

    The price of that red dot is going up faster than a lot of other things, methinks.

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    Re: Leica Lens Price Increases

    My February 1978 Leica system catalog price list has the following:

    55E circular polarizer $177

    Leicaflex motor $1,650

    Noctilux f/1 $960

    and lastly, an

    M4-2 $993

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    Re: Leica Lens Price Increases

    Quote Originally Posted by jonoslack View Post
    Whatever - as far as I'm concerned it's nice to see that Leica are making a bit of money these days - 3 or 4 years ago it looked they might not survive.
    I agree here and I totally wish Leica continues to keep that high quality approach, even if the prices are high.

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    Re: Leica Lens Price Increases

    I was assured by someone pretty high up the Leica food chain that availability would get better, but he also assured me that it would be quite some time before that happened. Why did I talk to him? I called Leica USA to vent my frustrations about lens availability, and I got to speak to someone pretty high up I will say. I wanted to complain about international scalping going on on ebay for 2K higher than retail, I wanted to complain about empty stock at BH, Adorama, and the rest. In the end,he was empathetic, but essentially said it would be quite some time before things really can improve. the new plant is crucial, and I do not believe it is close to production, at least not the impression I got. I get the feeling that even when plant opens, it will be quite a while before full production can happen. So, this shortage continues into the forseeable future.

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    Re: Leica Lens Price Increases

    i don't know about you but i have to admit that shortage is part of the fun if everybody can buy them too easy then there are no more fun

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    Re: Leica Lens Price Increases

    Quote Originally Posted by Photojazz View Post
    the new plant is crucial, and I do not believe it is close to production, at least not the impression I got.
    The new plant is still a scruffy looking field. My understanding is that Leica have introduced extra shifts to increase production but the real increase will only come with the new plant which is, realistically, going to be 2013 at the earliest.

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    Re: Leica Lens Price Increases

    Thankfully I got on waiting lists ages ago. Should have all my Leica lenses by January.
    None of the ones I'm still waiting on have gone up in price either (obviously just the 21/3.4 and 35/1.4 I'm waiting on).

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    Re: Leica Lens Price Increases

    Just wait. There will be a thread on whether it's better to buy a lens made in the old factory or the new, similar to the old thread about Canadian or German made versions of the same lens. I'll go first and say, "get the one from the old factory." For no particular reason, of course.

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    Re: Leica Lens Price Increases

    Hmmm, I need to get away from using Leica M stuff... it's getting too pricy for me. The M9 was a huge stretch for me financially... a once in a life time deal (barring unforeseen future riches). The M10 will most likely cost $10,000 and their lenses will keep going up. Even Voigtlander lenses keep going up... and these are supposedly "cheap." Here's to hoping the Fuji LX10 is a great, great camera.

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    Re: Leica Lens Price Increases

    I really hope the M10 is not going to be 10K.


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    Re: Leica Lens Price Increases

    just bought the 18mm....looks like i saved a couple hundred
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    Re: Leica Lens Price Increases

    Another way to look at this is your are getting a more expensive lens, rather than the cheaper one Leica used to make.

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    Re: Leica Lens Price Increases

    Quote Originally Posted by nowherean View Post
    I really hope the M10 is not going to be 10K.
    I can't see how it won't be... M9 is $8000 and Leica raises prices continuously.

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    Re: Leica Lens Price Increases

    But M9 wasn't 2k more than M8, was it? And there's a change in field of view there, as well.

    I guess 9 large.

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    Re: Leica Lens Price Increases

    M8 - 4495
    M9 - 6995

    Of course the US dollar was worth quite a but more in 2006.

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    Re: Leica Lens Price Increases

    Quote Originally Posted by sirimiri View Post
    My February 1978 Leica system catalog price list has the following:

    55E circular polarizer $177

    Leicaflex motor $1,650

    Noctilux f/1 $960

    and lastly, an

    M4-2 $993
    Adjusted for inflation, in 2011 dollars they would cost:
    * 55E circular polarizer $614
    * Leicaflex motor $5,725
    * Noctilux f/1 $3,330
    * M4-2 $3,445

    Only the Noctilux made it--it's currently selling for ~$6500 despite the f0.95. During those times, the future of Leica was even more uncertain than it was during a few years ago.

    From an investment standpoint: the Notilux has grown 580% in nominal dollars (and double in real dollars). By comparison, the SP500 returned ~1200% in (nominal dollars) over the same period. That is without dividends reinvested.

    Moral of the story: Leica gears don't go down in price. A $1,000 M4 from 30 years ago still sells for $1,000 today. However, inflation will eat away much of the value.
    Last edited by Zoffdino; 30th December 2011 at 18:16. Reason: Make text more legible

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