Panasonic Lumix GH5 vs Panasonic Lumix GH5 II
Side-by-side used price and spec comparison. Lowest current prices pulled daily from the major used-gear sites.
Today's price sits well above the recent low. Today's price runs 36% above the 90-day low of $324 (seen Oct 14, 2026). 22% of the $1,999 MSRP. Prices are down 8.1% over the last 30 days.
Today's price sits in the middle of its recent range. The 90-day window runs from $699 to roughly today's $790. 46% of the $1,699 MSRP. Prices are down 8.0% over the last 30 days.
Quick answers
- Which is cheaper used, the Panasonic Lumix GH5 or the Panasonic Lumix GH5 II?
- The Panasonic Lumix GH5 is cheaper used: $440 against $790 for the Panasonic Lumix GH5 II, a gap of $350 (80%) as of 2026-10-28.
- How much more does the newer Panasonic Lumix GH5 II cost used?
- $350 more. The Panasonic Lumix GH5 II (2021) starts at $790 used and the Panasonic Lumix GH5 (2016) at $440 as of 2026-10-28.
- What share of its launch price does a used Panasonic Lumix GH5 cost?
- About 22%: $440 used against a $1,999 launch price as of 2026-10-28.
Specs side by side
| Panasonic Lumix GH5 | Panasonic Lumix GH5 II | |
|---|---|---|
| Brand | Panasonic | Panasonic |
| Family | Panasonic Lumix GH | Panasonic Lumix GH |
| Category | body | body |
| Body type | Mirrorless | Mirrorless |
| Mount | MFT | MFT |
| Sensor | MFT | MFT |
| Sensor family | Panasonic 20MP Four Thirds Live MOS · 20MP Four Thirds Live MOS (no OLPF) | Panasonic 20MP Four Thirds Live MOS · 20MP Four Thirds Live MOS (no OLPF) |
| Megapixels | 20.3 MP | 20.3 MP |
| Autofocus | Depth-from-Defocus | Depth-from-Defocus |
| IBIS | 5-axis 6.5-stop | 5-axis 6.5-stop |
| Weather sealed | Yes | Yes |
| Max video | 4K60 | 4K60 |
| Max native ISO | ISO 25,600 | ISO 25,600 |
| Body weight | 725 g | 727 g |
| Dimensions | 139 × 98 × 87 mm | 139 × 98 × 87 mm |
| Body material | magnesium alloy | magnesium alloy |
| Released | 2016-01-01 | 2021-05-25 |
| Discontinued | — | — |
| Status | likely discontinued | current |
| MSRP | $1,999 | $1,699 |
| Current low | $440 | $790 |
| vs MSRP | -78% | -54% |
Dynamic range, head to head
Both sensors plotted on one chart, across the full ISO range. The higher line holds more shadow-to-highlight latitude at that ISO.
Overlay both curves on Photons to PhotosMeasurements by William J. Claff. We link rather than reprint them.
The verdicts above describe price timing. They don't tell you which camera fits your shooting style. See /methods for how we normalize seller conditions and compute the deal score.