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#1 |
"TRF" Member
Join Date: Apr 2009
Location: united states
Watch: submariner,daytona
Posts: 707
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tt resale value cpmpared ss
guys,why does an ss rolex hold their value better compared to tt?Gold is of course more precious and expensive.And i keep on hearing on the news that gold prices are soaring up.But i just don't understand why the tt rolex doesn't have a good resale value compared to stainless steel?? You can get a tt pre owned for almost half the retail price,but not on the ss..
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#2 |
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Join Date: Sep 2009
Location: USA
Watch: Sea-Dweller 16600
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I'm not sure of the full explanation but I would guess one factor is that steel watches physically hold up better, all else being equal, as gold is softer and more liable to get scratched, dented etc. . . not saying this is true in all cases but I remember when looking at used TT blue subs that some of them looked pretty beat up to me, relative to used SS subs.
Don't get me wrong, I still love the look of the TT watches especially the blue sub. ![]() |
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#3 |
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Join Date: Apr 2009
Location: united states
Watch: submariner,daytona
Posts: 707
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even the like new condition tt is way lower than retail cpmpared to ss like new condition.Assuming same condition,the ss really holds value much better than tt. I don't understand.
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#4 |
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Join Date: Sep 2009
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Another factor may be a smaller pool of buyers for the TT models, due to the higher prices, and many of those who can afford used TT can also afford new TT and just get new.
Isn't the same true for luxury cars versus average cars, I believe higher priced cars drop in value more? |
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#5 |
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Join Date: Jun 2009
Real Name: Adam
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You think the TT re sale is in the toilet, check out Full Gold...YIKES
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#6 |
Member
Join Date: Oct 2009
Location: Canada
Posts: 27
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There is a bigger market for SS models, but I always find it hard to justify paying money for a SS watch. There is little precious metal content, and they are lighter. With that said, the SS do look nice, but when you want to peacock TT is the way to go.
The SS holds it value better, but you can get a better deal on a TT. AD's i've talked to always discount the TT more than the SS. Any Rolex you buy will hold it's value; buy the one you like. |
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#7 |
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Real Name: Gary
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Posts: 3,350
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I think tt is a couple of thousand more expensive and you will loose $1k of that on resale. They look great though.
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#8 |
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Real Name: Dennis
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I've noticed that also, but am hard pressed to provide an explanation.
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#9 |
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Real Name: Nikos
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The largest % of people Worldwide want SS. Gold and TT just dont sell well in certain parts of the world.
Now on vintage models the SS models are the ones collectors mainly collect.
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#10 |
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I really like the TT's in most Rolexes and really enjoy them. The only one I did choose in the SS was the GMT II. The reason was that I could change the oyster bracelet to a Jubilee and the bezels from Coke, to Pepsi, and to all black on a whim and actually have many different looks in one watch.
To each his own and I must say I have never seen a Rolex I didn't like.... except for that dastardly Leopard! Ugh!
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#11 |
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Join Date: Oct 2009
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Also I think the TT and Gold are dispropotiately over priced I think. Even when you factor in the price of the Gold or other precious metals. Despite being over priced I like my TTs
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#12 | |
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Quote:
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F 14000 AirKing black F 16710 GMT Pepsi F 16570 Explorer II white T 16600 SD D 16610 LV "fine quality is remembered long after the pain of spending money" -Steve Mulholland |
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#13 |
Banned
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Location: The Moon
Posts: 1,238
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The TT shows that the person went the extra distance ... there are tons of SS around but when you see its TT equivalent, it makes you go "Wow!" ....
Also if you are buying from the point of flipping it, then TT is a bad way to go but if you are buying for life, then it doesn't matter .... A TT's value compared to its TT MSRP, is definitely worse than a SS value compared to its SS MSRP, but a TT will always be more than its SS counterpart and if you can get a TT pretty low, then it is definitely worth it ... To me all gold looks too cheesy ... very gangster like ..... too many people out there wearing all gold or all goldl ook alike models .....but the gold and steel combo is totally incredible ..... And as far as gold being softer than steel, yeah, it sure is, but unless you are towing a car with your bracelet, for every day life and use/abuse, you will not be able to notice the diff .... ![]() ![]() ![]() |
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#14 |
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The sale of used goods has almost nothing to do with what it is made of..
If you have a solid platinum watch, but nobody wants it, it is worth zero because that is what you can get for it..... The demand is for SS watches, so they get the better value... Besides, you cannot ever compare the value of gold on the spot market and jewelry made of the stuff...... there is little comparison except the color. Try selling your wife's solid gold earrings........... you probably won't get 20 bucks for them..unless they are in demand..
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#15 |
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There are a lot of people that just can't pull off the yellow gold look, including me. I want my watch to blend in, not stand out, and I want the tool look, not bling. Just my $0.02
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#16 |
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I've had a 16613TT blue sub for ten years now and just dont wear much gold anymore! miss my SS sub but will never get rid of the TT, one day it will be my 19 year old sons watch! I'm sure he will find out what the market is for it not long after i'm gone!!
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#17 |
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Location: South Carolina
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All very good points on this thread. For me, if a Sub or GMT sold for 20% of the cost of the SS I still would not buy it. Just not my style, to bling for me. SS appeals to a broader cross section of people.
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#18 |
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It all boils down to one thing and that is SS is always cheaper(when new) then TT or all gold, thus in relation to original price it will sell closer to its cheaper MSRP then its precious metal counterparts who always have higher MSRP's.
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#19 |
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Join Date: May 2009
Location: Austin
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I think its cost of Rolex , more people want Rolex and SS is still cost less than TT even after lower used prices of TT.
Only watch they really shows real bling is NEW models with ceramic models, its a beautiful watch but its harder to carry it because its different than other Rolex watches of the past. |
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#20 |
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Join Date: Jul 2009
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been wearing my ss for almost 10yrs now i need a change thats why i bought a tt. i dunno about the resale value thou
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#21 |
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SS has the best resale value imo.
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#22 |
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Well take the 16610 vs 16613. 16610 does everything the 16613 does, functionality wise, but 16613 has different colors and different materials.
When you start buying TT, it sure is a sign that you have a lot more money to throw on a watch because functionality wise, both watches are the same. So if you hold both in your hands and have to buy one only then you start thinking "hmmm... I think I can live without that gold!" ![]() ![]() ![]() But a TT really distinguishes and shine like a beacon .... people do notice ....and when you hold one in your hand, you heart says "Oh man ... what a beautiful watch ...." ..... I would strongly advise TT as being your first rolex but if you have some SS collection, then a TT really really adds color and variety BUT the best news is that it still is a sub .... I only collect subs and SDs ... when I clean my watches, my 8yr old daughter immediately picks up the blue 16613 sub and goes "dad, that's a very beautiful watch!" ....and I say "It sure is isn't it ...." And that's why I will never sell mine ..... Everytime I put it on, it makes me go "Oooooohhh..... BABAY!!!! "... mostly it is just sitting there looking pretty and that's just how I want it to be .... ![]() ![]() ![]() |
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#23 |
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#24 | |
Banned
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Quote:
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#25 |
Banned
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16613 is a gorgeous watch, but after being my daily wear for almost 6 month I started to notice bracelet stretch. That was the only negative about it. Hope I wont see it in the new model.
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#26 |
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Real Name: Jay
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There are only a few TT's I like, first is the Blue TT Sub, I also love this watch in all gold.
Ditto for the Daytona's, The DJ is a true classic as is Turn O Graphs new and old. For me that's about it. I might include the GMTIIc, but I have yet to see one in person. |
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#27 |
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#28 |
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How many % lost when you buy new TT and sell it to watch shop? (When you need urgent fund). For example if you buy the TT GMT IIc for $10,000 brand new, how much will you lost when you sell it to watch shop? Any idea? Any advice?
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#29 |
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I think that depends on what your definition of a "watch shop" is? A grey dealer would sell that 10k MSRP watch new for about 7-8k. This being said your "used" watch would be worth the 6-7.5k range in my opinion but a "watch shop" maybe $5k??? They would be really screwing you but they are in it to turn a profit... My .02. Hope you dont have to sell.
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#30 | |
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Quote:
Larger pool of buyers. Many TT models are almost double the price of their SS counterparts, plus stainless is more trendy right now compared to anything YG.
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