If you read the Photo.net Leica forum, it’s striking to see how many people are trying to sell off their Leica gear, some of them apparently to finance a digital SLR purchase. I come from the opposite direction, but an interesting phenomenon to be sure. The Leica has taken the status of a fetish among certain photo snobs, what with all the special collector editions and all, and one would think it would be immune to purely practical considerations… Or maybe some people anticipate the resale value of these fine cameras will fall as photography goes digital and are trying to realize it now.
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I think it is the digital market which is promoting the sale of used,Leica cameras. There is no doubt there is a huge inventory of Leica gear on the market and that it is growing, much like the sell off of Hasselblad cameras in the past eight to ten years.