** Help w/ price please ** 1st time BUYER: Rolex Submariner 16610m 2008/2009

[johnww]

Hi guys, I'm going to bite the bullet join all you elite people and get a Rolex. I was looking at the Submariner (black) 16610M series, with the inscription on the circular part of the inner dial.

The retail for a brand new one is: $6000-$6100

I found a used one in excellent condition for $4600, and he is willing to have it verified at a Rolex dealer for $30.

My question is what's a reasonable or the going rate for a new one? What do they go for, or the cheapest I can get a new one for? If it's like low $5000s, then I might as well pay for a new one.

Any help is appreicated!!