Leica M-E Typ 240 vs Panasonic LX5

The Leica M-E (Typ 240) and the Panasonic Lumix DMC-LX5 are two digital cameras that were officially introduced, respectively, in June 2019 and July 2010. The M-E Typ 240 is a rangefinder-focusing mirrorless camera, while the LX5 is a fixed lens compact. The cameras are based on a full frame (M-E Typ 240) and a 1/1.7-inch (LX5) sensor. The Leica has a resolution of 23.7 megapixels, whereas the Panasonic provides 10 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M-E Typ 240		Panasonic LX5
Rangefinder camera		Fixed lens compact camera
Leica M mount lenses		24-90mm f/2.0-3.3
23.7 MP – Full Frame sensor		10 MP – 1/1.7" sensor
1080/25p Video		720/60p Video
ISO 200-6,400		ISO 80-3,200 (80 - 12,800)
Optical viewfinder		Viewfinder optional
3.0" LCD – 920k dots		3.0" LCD – 460k dots
Fixed screen (not touch-sensitive)		Fixed screen (not touch-sensitive)
3 shutter flaps per second		2.5 shutter flaps per second
Weathersealed body		not weather sealed
500 shots per battery charge		400 shots per battery charge
139 x 80 x 42 mm, 680 g		110 x 65 x 43 mm, 271 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M-E (Typ 240) and the Panasonic Lumix DMC-LX5? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

An illustration of the physical size and weight of the Leica M-E Typ 240 and the Panasonic LX5 is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive views from the front, the top, and the rear side are shown. All size dimensions are rounded to the nearest millimeter.

The LX5 can be obtained in two different colors (black, white), while the M-E Typ 240 is only available in silver.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic LX5 is considerably smaller (36 percent) than the Leica M-E Typ 240. It is worth mentioning in this context that the M-E Typ 240 is splash and dust resistant, while the LX5 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the LX5 has a lens built in, whereas the M-E Typ 240 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup. You can compare the optics available for the M-E Typ 240 and their specifications in the Leica M Lens Catalog.

Concerning battery life, the M-E Typ 240 gets 500 shots out of its Leica BP-SCL2 battery, while the LX5 can take 400 images on a single charge of its Panasonic DMW-BCJ13 power pack.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. If you want to switch the focus of the display and review another camera pair, you can move across to the CAM-parator tool and choose from the broad selection of possible camera comparisons there.

Body Specifications

#		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
2.		Panasonic LX5	110 mm	65 mm	43 mm	271 g	400	n	Jul 2010	499	ebay.com
3.		Fujifilm X10	117 mm	70 mm	57 mm	350 g	270	n	Sep 2011	599	ebay.com
4.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
5.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
6.		Leica Q2	130 mm	80 mm	92 mm	718 g	370	Y	Mar 2019	4,995	amazon.com
7.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
8.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
9.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
10.		Leica Q Typ 116	130 mm	80 mm	93 mm	640 g	300	n	Jun 2015	4,249	ebay.com
11.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
12.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
13.		Panasonic LX7	111 mm	68 mm	46 mm	298 g	330	n	Jul 2012	499	ebay.com
14.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
15.		Panasonic GF3	108 mm	67 mm	32 mm	264 g	300	n	Jun 2011	549	ebay.com
16.		Sony A9 II	129 mm	96 mm	76 mm	678 g	690	Y	Oct 2019	4,499	amazon.com
17.		Sony A7 III	127 mm	96 mm	74 mm	650 g	610	Y	Feb 2018	1,999	amazon.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

The price is, of course, an important factor in any camera decision. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The LX5 was launched at a lower price than the M-E Typ 240, despite having a lens built in. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down.

Sensor comparison

The imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixels in a sensor of the same technological generation. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica M-E Typ 240 features a full frame sensor and the Panasonic LX5 a 1/1.7-inch sensor. The sensor area in the LX5 is 95 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 4.4. The sensor in the M-E Typ 240 has a native 3:2 aspect ratio, while the one in the LX5 offers a 4:3 aspect. The LX5 has the particularity of featuring a switch that allows to toggle between multiple aspect ratios, while maintaining the same field of view and full image resolution.

With 23.7MP, the M-E Typ 240 offers a higher resolution than the LX5 (10MP), but the M-E Typ 240 nevertheless has larger individual pixels (pixel pitch of 6.01μm versus 2.14μm for the LX5) due to its larger sensor. Moreover, the M-E Typ 240 is a much more recent model (by 8 years and 11 months) than the LX5, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixels.

The resolution advantage of the Leica M-E Typ 240 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M-E Typ 240 for good quality output (200 dots per inch) amounts to 29.8 x 19.9 inches or 75.6 x 50.5 cm, for very good quality (250 dpi) 23.8 x 15.9 inches or 60.5 x 40.4 cm, and for excellent quality (300 dpi) 19.8 x 13.3 inches or 50.4 x 33.7 cm. The corresponding values for the Panasonic LX5 are 18.2 x 13.7 inches or 46.3 x 34.7 cm for good quality, 14.6 x 10.9 inches or 37.1 x 27.8 cm for very good quality, and 12.2 x 9.1 inches or 30.9 x 23.2 cm for excellent quality prints.

The Leica M-E (Typ 240) has a native sensitivity range from ISO 200 to ISO 6400, which can be extended to ISO 100-6400. The corresponding ISO settings for the Panasonic Lumix DMC-LX5 are ISO 80 to ISO 3200, with the possibility to increase the ISO range to 80-12800.

In terms of underlying technology, the M-E Typ 240 is build around a CMOS sensor, while the LX5 uses a CCD imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

#		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
2.		Panasonic LX5	1/1.7	10.0	3648	2736	720/60p	19.6	10.8	132	41
3.		Fujifilm X10	2/3	12.0	4000	3000	1080/30p	20.5	11.3	245	50
4.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
5.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
6.		Leica Q2	Full Frame	46.7	8368	5584	4K/30p	26.4	13.5	2491	96
7.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
8.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
9.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
10.		Leica Q Typ 116	Full Frame	24.0	6000	4000	1080/60p	24.3	12.7	2221	85
11.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
12.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
13.		Panasonic LX7	1/1.7	10.0	3648	2736	1080/60p	20.7	11.7	147	50
14.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
15.		Panasonic GF3	Four Thirds	12.0	4000	3000	1080/60i	20.6	10.1	459	50
16.		Sony A9 II	Full Frame	24.0	6000	4000	4K/30p	25.0	14.0	3434	93
17.		Sony A7 III	Full Frame	24.0	6000	4000	4K/30p	25.0	14.7	3730	96
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras cannot only take still pictures, but also record videos. Both cameras under consideration are equipped with sensors that have a sufficiently high read-out speed for moving images, but the M-E Typ 240 provides a higher video resolution than the LX5. It can shoot video footage at 1080/25p, while the Panasonic is limited to 720/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the M-E Typ 240 has an optical viewfinder, which can be very useful when shooting in bright sunlight. In contrast, the LX5 relies on live view and the rear LCD for framing. That said, the LX5 can be equipped with an optional viewfinder – the DMW-LVF1. The table below summarizes some of the other core capabilities of the Leica M-E Typ 240 and Panasonic LX5 in connection with corresponding information for a sample of similar cameras.

Core Features

#		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
2.		Panasonic LX5	optional	n	3.0 / 460	fixed	n	1/4000s	2.5/s	Y	Y
3.		Fujifilm X10	optical	n	2.8 / 460	fixed	n	1/4000s	10.0/s	Y	Y
4.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
5.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
6.		Leica Q2	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
7.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
8.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
9.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
10.		Leica Q Typ 116	3680	n	3.0 / 1040	fixed	Y	1/2000s	10.0/s	n	Y
11.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
12.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
13.		Panasonic LX7	optional	n	3.0 / 920	fixed	n	1/4000s	11.0/s	Y	Y
14.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
15.		Panasonic GF3	none	n	3.0 / 460	fixed	Y	1/4000s	3.2/s	Y	n
16.		Sony A9 II	3686	n	3.0 / 1440	tilting	Y	1/8000s	20.0/s	n	Y
17.		Sony A7 III	2359	n	3.0 / 922	tilting	Y	1/8000s	10.0/s	n	Y
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The LX5 has one, while the M-E Typ 240 does not. While the built-in flash of the LX5 is not very powerful, it can at times be useful as a fill-in light.

Concerning the storage of imaging data, both the M-E Typ 240 and the LX5 write their files to SDXC cards. The M-E Typ 240 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the LX5 cannot take advantage of Ultra High Speed SD cards.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M-E (Typ 240) and Panasonic Lumix DMC-LX5 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

#		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
2.		Panasonic LX5	Y	mono / mono	-	-	mini	2.0	-	-	-
3.		Fujifilm X10	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
5.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
6.		Leica Q2	Y	stereo / mono	-	-	-	-	Y	-	Y
7.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
8.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
9.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
10.		Leica Q Typ 116	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
11.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
12.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
13.		Panasonic LX7	Y	stereo / mono	-	-	mini	2.0	-	-	-
14.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
15.		Panasonic GF3	-	stereo / mono	-	-	mini	2.0	-	-	-
16.		Sony A9 II	Y	stereo / mono	Y	Y	micro	3.1	Y	Y	Y
17.		Sony A7 III	Y	stereo / mono	Y	Y	micro	3.1	Y	Y	Y

Both the M-E Typ 240 and the LX5 have been discontinued, but can regularly be found used on ebay. The LX5 was replaced by the Panasonic LX7, while the M-E Typ 240 does not have a direct successor. Further information on the two cameras (e.g. user guides, manuals), as well as related accessories, can be found on the official Leica and Panasonic websites.

Review summary

So what conclusions can be drawn? Which of the two cameras – the Leica M-E Typ 240 or the Panasonic LX5 – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

Reasons to prefer the Leica M-E (Typ 240):

• More detail: Offers more megapixels (23.7 vs 10MP) with a 57% higher linear resolution.
• Better image quality: Features a larger and more technologically advanced imaging sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• Better video: Provides higher definition movie capture (1080/25p vs 720/60p).
• Easier framing: Has an optical viewfinder for image composition and settings control.
• More detailed LCD: Has a higher resolution rear screen (920k vs 460k dots).
• Faster burst: Shoots at higher frequency (3 vs 2.5 flaps/sec) to capture the decisive moment.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Longer lasting: Can take more shots (500 versus 400) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.
• More modern: Reflects 8 years and 11 months of technical progress since the LX5 launch.

Advantages of the Panasonic Lumix DMC-LX5:

• Flexible image proportions: Has a multi-aspect sensor that allows for alternative image shapes.
• Ready to shoot: Has an integrated lens, whereas the M-E Typ 240 necessitates an extra lens.
• More compact: Is smaller (110x65mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the M-E Typ 240).
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More heavily discounted: Has been around for much longer (launched in July 2010).

If the count of relative strengths (bullet points above) is taken as a measure, the M-E Typ 240 is the clear winner of the match-up (15 : 8 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the M-E Typ 240 or the LX5. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is where reviews by experts come in. The table below provides a synthesis of the camera assessments of some of the best known photo-gear review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

#		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
2.		Panasonic LX5	4/5	+	..	73/100	4.5/5	4.5/5	Jul 2010	499	ebay.com
3.		Fujifilm X10	..	..	..	76/100	4/5	4.5/5	Sep 2011	599	ebay.com
4.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
5.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
6.		Leica Q2	..	..	4.5/5	84/100	4.5/5	4/5	Mar 2019	4,995	amazon.com
7.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
8.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
9.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
10.		Leica Q Typ 116	5/5	..	..	80/100	4.5/5	4.5/5	Jun 2015	4,249	ebay.com
11.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
12.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
13.		Panasonic LX7	3/5	+ +	..	75/100	4/5	4.5/5	Jul 2012	499	ebay.com
14.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
15.		Panasonic GF3	3/5	82/100	..	71/100	4.5/5	4/5	Jun 2011	549	ebay.com
16.		Sony A9 II	..	..	5/5	90/100	5/5	5/5	Oct 2019	4,499	amazon.com
17.		Sony A7 III	..	+ +	4.5/5	89/100	5/5	5/5	Feb 2018	1,999	amazon.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

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