Quote:
Originally Posted by DWdrummer
I agree with this exactly. I would rather spend $3-5K USD on a Rolex which will hold its value or increase in value over time. If you buy a car for that price, try selling it in a few years, see what its worth. We wont even talk of electronics. Unless you are dealing with very high end stuff, Krell, Wilson, etc. you get hammered before you even leave the store on such purchases.
People have every misguided and misplaced logic for many things it seems.
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Considering cost of service and upkeep, watches really aren't terrific investments right now. If the watch hasn't had a recent service that is overdue, the price of that watch will likely fall $500-1000, depending on the necessity. Granted, a watch will keep better value than a plasma TV or BMW 3-series, but to say definitively that a watch will hold or increase value is very misleading. Look at the Milguass GV, GMT-IIc, Daytona, and other "hot" watches that took a major dive over the last few years.