Upgrade guide · updated 5 November 2026

Should I upgrade from the OM System Olympus E-M5 Mark III to the OM System OM-5?

Verdict

Upgrading is hard to justify for most people. Both use the Micro Four Thirds mount, so your lenses fit directly.

What you gain

  • 3 years of newer processing and autofocus (2019 → 2022)

What you give up

  • Nothing significant on paper

What it costs

OM-5 newNo longer sold new
OM-5 used (MPB, typical)£580
Your Olympus E-M5 Mark III trade-in (rough estimate)≈ £340
Net cost buying used≈ £240

Trade-in estimates assume about two-thirds of the typical MPB resale price; real offers vary with condition and shutter count.

Other upgrade paths

Frequently asked questions

Should I upgrade from the OM System Olympus E-M5 Mark III to the OM System OM-5?

The upgrade is hard to justify for most people. You gain 3 years of newer processing and autofocus (2019 → 2022).

How much does it cost to upgrade from the Olympus E-M5 Mark III to the OM-5?

The OM-5 costs No longer sold new new and about £580 used at MPB. Trading in a used Olympus E-M5 Mark III might bring roughly £340, so the net cost is around £240 buying used (a rough estimate: get quotes from MPB, Wex and Park Cameras).

Will my Olympus E-M5 Mark III lenses work on the OM-5?

Both use the Micro Four Thirds mount, so your lenses fit directly.