Rangefinder35mm
intermediateadvanced
Discontinued
Leica M5
1971-1975
Those wanting built-in meter
Format
35mm
Shutter
1/1000
Max speed
Metering
TTL
Battery req.
Weight
640g
Best For
- Those wanting built-in meter
- Underrated M bargain seekers
- Larger hand ergonomics
- Learning Leica
Features
- First M with TTL metering
- Meter arm swings out of film gate
- 35/50/90/135mm frame lines
- Match-LED metering display
- Last hand-built M in Wetzlar
Limitations
- Larger body than other Ms
- Some lenses block meter arm
- Controversial styling
- Mercury battery discontinued
Common Issues to Check
- Meter arm mechanism issues
- Battery replacement (use Wein cell)
- Electronics failure
- Shutter capping
- Rangefinder adjustment needed
Buying Guide
The controversial M5 was Leica's first metered M - larger and different. Initially rejected, now appreciated as an underrated gem. The meter arm can conflict with some collapsible lenses. Test meter carefully. Check shutter capping at fast speeds. Often more affordable than meterless Ms. An interesting piece of Leica history.
Pricing
Typical Range£1000 - £1800
Excellent Condition~£2400
Often cheapest metered M; 2-lug version more common
Prices as of 2026-01. UK market, may vary.
Last verified: Jan 2026Report an error