With a larger 1-inch sensor mixing with a 16x zoom lens, the Leica V-Lux 5 is designed as a versatile bridge zoom camera with 4K video and post-focus. And while Leica and “cheap” are seldom used in the same sentence, the Leica V-Lux 5 actually costs a bit less than a competing camera from Sony.
Source: The Leica V-Lux 5 Sports a Big Sensor and Versatile Zoom, for Less | Digital Trends