>>4461508M11s are $9-$10k (and then add tax). Mind you, leica bodies are notoriously buggy and unreliable so you're not paying for quality.
Pixii max's pricing (a low volume product) implies the value of leica should be around $3000-4000 and if a japanese company like nikon decided to make large volumes of photo-only rangefinders without even IBIS, they would be under $2000