I've always assumed the high Leica prices are because the cameras are made in Europe where the cost of manufacturing is much higher than in Asia.
That is one reason. The other reason seems to be quality control. There was/is a sale of Leica SL2-S cameras. They were offered at a price of 2700 euros. My Leicas came in a sealed box. The name of the person who assembled the camera is mentioned on a card, just as the name of the person who checked the camera.
The great advantage of a Leica camera is that they produce DNG files. As a RAW converter I use ART which can read the metadata in the Leica DNG files. ART makes use of Lensfun which has now a distortion profile for all the lenses I use. The Lensfun distortion profiles are better than the lens data supplied by Panasonic, especially at the widest WA end.
I also have a Lumix S5. There is a colour difference between the Leica and the Lumix cameras, also after having processed the RAW files. Personally, I like the Leica colours better. When I want to travel light, e.g. during a cycle trip, I always take my Lumix camera.


