Quote:
Originally Posted by WatchNutcase
Grey prices will drop dramatically and availability will increase at the ADs. It just seems logical to me considering we are going through a global pandemic with almost the complete freezing of economies. The issue also looks to be just getting started in the USA and we are yet to see the worst of it by far. Just my opinion!
I'm in the market for a new Rolex and will be taking my time and shopping around as the prices drop and availability increases.
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I agree on the AD availability part. However, I am not sure about the prices "dramatically drop" scenario at the grey dealers. If that happen, I expect the stampede effect to take place and the prices in that case might fall bellow the MSRP like they did before 2017. Though, I believe all grays are now holding tight and hoping the situation will clear and return to "normal" (shortage of SS models) in just couple of months. Though, nothing will be the same with such a massive job loss all over the USA.
Nobody knows for sure at this point. All eyes are now on the USA who is fighting with massive number of infected ppl, even more than China as I understood. Trump is promising a great rebound of economy later this year as I understood from the news ..
Hope you guys get through this quickly as that's what's most important now and I hope that if anything good can come up from this mess will be normalization of the watch market for us enthusiast.