Quote:
Originally Posted by amphora001
[warning: investment topic]
So once again, I'm not buying watch to make money, but buying a watch that holds its value with the possibility of gain is one of the cool thing about a Rolex watch. Even if you don't care about the money aspect, knowing that others value your piece at 30% less than what you paid for just makes you feel stupid. If when you walk out the door of your AD, your watch is only worth 70%, why wouldn't you just buy pre-own and keep your $$
Anyway now with that statement out of the way, for many of us, getting a Daytona from an AD is out of the question. I think it will be 3 to 5 years before I'll be offered a variant of it, and probably not the version I want. With the prices falling, when do you think it's a good price for say the black ceramic bezel version? Bob's watch has them at $35k right now. Personally I think if a reputable seller is selling for $25k, I would take it. So what's your price? I know some of you will say MSRP, and I want that too, but I just don't think that's gonna happen.
|
I think we are on our way to 25k. There is a floor somewhere, i can’t see them getting under 20 ever. Regardless of how bad a recession gets. If you’re waiting to buy and they get below 25, i think that’s the time. Same advice I’ve been giving a few buddies that want one.
It’s going to be slow though IMO. You can already see dealers holding prices on certain pieces that are clearly not correct. A few dealers have BLROs at 30k+ still. They are nowhere near that number anymore.
Sent from my iPhone using Tapatalk