Quote:
Originally Posted by raminradmand
Hey everyone,
I'm new here from Canada.
I'm 20 and have finally saved up enough money so buy my first Rolex, as I've admired them for a number of years now.
Looking to purchase a justdate 31 oystersteel and white gold, with the white face and roman numerals.
Its priced at 9,400 CAD. My question is, is this a good watch to invest in?
I'm not trying to buy a Rolex to make money off of it, but just for the sake of being some what financially responsible I have to ask someone who knows more than me.
Do these models keep their value?
Whats the resale market like currently for older justdates?
Any advice would be appreciated!
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Absolutely, it’s a good place e to park money.
Historically speaking, Rolex watches hold their value. Just like anything else, there is a risk. But unlike most other watches, Rolex is pretty consistent in keeping their product in high demand.
That said, you need to buy right. The cost of that DJ seems high to me.