Leica M Typ 240 vs Panasonic LX5

The Leica M (Typ 240) and the Panasonic Lumix DMC-LX5 are two digital cameras that were officially introduced, respectively, in September 2012 and July 2010. The M 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 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 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

Check M Typ 240 offers at
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Check LX5 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M (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

The side-by-side display below illustrates the physical size and weight of the Leica M Typ 240 and the Panasonic LX5. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All width, height and depth dimensions are rounded to the nearest millimeter.

The M Typ 240 can be obtained in two different colors (black, silver), while the LX5 is also available in two color-versions, but different ones (black, white).

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 Typ 240. It is worth mentioning in this context that the M 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 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 Typ 240 and their specifications in the Leica M Lens Catalog.

Concerning battery life, the M 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 table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. 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 Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
2.		Panasonic LX5	110 mm	65 mm	43 mm	271 g	400	n	Jul 2010	499	ebay.com
3.		Canon 6D	145 mm	111 mm	71 mm	770 g	1090	Y	Sep 2012	2,099	ebay.com
4.		Canon 6D Mark II	144 mm	111 mm	75 mm	765 g	1200	Y	Jun 2017	1,999	amazon.com
5.		Fujifilm X10	117 mm	70 mm	57 mm	350 g	270	n	Sep 2011	599	ebay.com
6.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
7.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
8.		Leica M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	7,999	ebay.com
9.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
10.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
11.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
12.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
13.		Leica SL	147 mm	104 mm	39 mm	847 g	400	Y	Oct 2015	7,450	ebay.com
14.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
15.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
16.		Panasonic GF3	108 mm	67 mm	32 mm	264 g	300	n	Jun 2011	549	ebay.com
17.		Panasonic LX7	111 mm	68 mm	46 mm	298 g	330	n	Jul 2012	499	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

Any camera decision will obviously take relative prices into account. The retail prices at the time of the camera’s release place the model in the market relative to other models in the producer’s line-up and the competition. The LX5 was launched at a lower price than the M Typ 240, despite having a lens built in. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. 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. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The size of the sensor inside a digital camera is one of the key determinants 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. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its background. On the downside, larger sensors tend to be more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Leica M 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 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 Typ 240 offers a higher resolution than the LX5 (10MP), but the M 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 Typ 240 is a much more recent model (by 2 years and 1 month) 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 Typ 240 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M 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 (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 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.

For many cameras, data on sensor performance has been reported by DXO Mark. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. Of the two cameras under review, the M Typ 240 provides substantially higher image quality than the LX5, with an overall score that is 43 points higher. This advantage is based on 4.4 bits higher color depth, 2.5 EV in additional dynamic range, and 3.8 stops in additional low light sensitivity. The following table provides an overview of the physical sensor characteristics, as well as the sensor quality measurements for a selection of comparators.

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 Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
2.		Panasonic LX5	1/1.7	10.0	3648	2736	720/60p	19.6	10.8	132	41
3.		Canon 6D	Full Frame	20.0	5472	3648	1080/30p	23.8	12.1	2340	82
4.		Canon 6D Mark II	Full Frame	26.0	6240	4160	1080/60p	24.4	11.9	2862	85
5.		Fujifilm X10	2/3	12.0	4000	3000	1080/30p	20.5	11.3	245	50
6.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
7.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
8.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
9.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
10.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
11.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
12.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
13.		Leica SL	Full Frame	24.0	6000	4000	4K/30p	25.0	13.4	1821	88
14.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
15.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
16.		Panasonic GF3	Four Thirds	12.0	4000	3000	1080/60i	20.6	10.1	459	50
17.		Panasonic LX7	1/1.7	10.0	3648	2736	1080/60p	20.7	11.7	147	50
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but can also record movies. The two cameras under consideration both have sensors whose read-out speed is fast enough to capture moving pictures, but the M 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 variety of features. For example, the M 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 adjacent table lists some of the other core features of the Leica M Typ 240 and Panasonic LX5 along with similar information for a selection of comparators.

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 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.		Canon 6D	optical	Y	3.0 / 1040	fixed	n	1/4000s	4.5/s	n	n
4.		Canon 6D Mark II	optical	Y	3.0 / 1040	swivel	Y	1/4000s	6.5/s	n	n
5.		Fujifilm X10	optical	n	2.8 / 460	fixed	n	1/4000s	10.0/s	Y	Y
6.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
7.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
8.		Leica M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
9.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
10.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
11.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
12.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
13.		Leica SL	4400	Y	3.0 / 1040	fixed	Y	1/8000s	11.0/s	n	n
14.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
15.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
16.		Panasonic GF3	none	n	3.0 / 460	fixed	Y	1/4000s	3.2/s	Y	n
17.		Panasonic LX7	optional	n	3.0 / 920	fixed	n	1/4000s	11.0/s	Y	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 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 Typ 240 and the LX5 write their files to SDXC cards. The M 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 (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 Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
2.		Panasonic LX5	Y	mono / mono	-	-	mini	2.0	-	-	-
3.		Canon 6D	Y	mono / mono	Y	-	mini	2.0	Y	-	-
4.		Canon 6D Mark II	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
5.		Fujifilm X10	Y	stereo / mono	-	-	mini	2.0	-	-	-
6.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
7.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
8.		Leica M9	Y	- / -	-	-	-	2.0	-	-	-
9.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
10.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
11.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
12.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
13.		Leica SL	Y	stereo / mono	Y	Y	full	3.0	Y	-	-
14.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
15.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
16.		Panasonic GF3	-	stereo / mono	-	-	mini	2.0	-	-	-
17.		Panasonic LX7	Y	stereo / mono	-	-	mini	2.0	-	-	-

Both the M 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 Typ 240 was followed by the Leica M Typ 262. Further information on the features and operation of the M Typ 240 and LX5 can be found, respectively, in the Leica M Typ 240 Manual (free pdf) or the online Panasonic LX5 Manual.

Review summary

So what conclusions can be drawn? Is there a clear favorite between the Leica M Typ 240 and the Panasonic LX5? Which camera is better? The listing below highlights the relative strengths of the two models.

Advantages of the Leica M (Typ 240):

• More detail: Offers more megapixels (23.7 vs 10MP) with a 57% higher linear resolution.
• Better image quality: Scores substantially higher (43 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (4.4 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (2.5 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (3.8 stops ISO advantage).
• 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 2 years and 1 month of technical progress since the LX5 launch.

Arguments in favor 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 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 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 number of relative strengths (bullet points above) is taken as a guide, the M Typ 240 is the clear winner of the match-up (15 : 8 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision on a new camera. 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 specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the M Typ 240 or the LX5. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is where reviews by experts come in. The adjacent summary-table relays the overall verdicts of several of the most popular camera 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 Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
2.		Panasonic LX5	4/5	+	..	73/100	4.5/5	4.5/5	Jul 2010	499	ebay.com
3.		Canon 6D	5/5	+ +	..	83/100	4.5/5	4.5/5	Sep 2012	2,099	ebay.com
4.		Canon 6D Mark II	4/5	+	4/5	80/100	4.5/5	4/5	Jun 2017	1,999	amazon.com
5.		Fujifilm X10	..	..	..	76/100	4/5	4.5/5	Sep 2011	599	ebay.com
6.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
7.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
8.		Leica M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
9.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
10.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
11.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
12.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
13.		Leica SL	4/5	..	4/5	84/100	4.5/5	4/5	Oct 2015	7,450	ebay.com
14.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
15.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
16.		Panasonic GF3	3/5	82/100	..	71/100	4.5/5	4/5	Jun 2011	549	ebay.com
17.		Panasonic LX7	3/5	+ +	..	75/100	4/5	4.5/5	Jul 2012	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, 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

Did this review help to inform your camera decision process? In case you are interested in seeing how other cameras pair up, just make your choice using the following search menu. As an alternative, you can also directly jump to any one of the listed comparisons that were previously generated by the CAM-parator tool.

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