Daytona, what's your price level?

[amphr1]

[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.

[HelloMelo]

Msrp

[Fred_Tan]

Value is very subjective: who would have guessed this & that?
Daytona SS may work for me.
It’s a grail watch for many.
And if health & wallet permits, any White, Black, meteor dial, in any condition: so long as it’s not broken or overpolished, from any year works for me, if it’s not asking for >50% MSRP, and matter not if it’s missing box or papers.

Only thing bothering me from pulling the trigger is not economy.
Rather it’s my OCD with the unbalanced lugs.

I know it don’t bother most ppl.
But I still can’t accept left & right lugs is not balanced due to pushers displacement.

Just me & my 2cents.
If Rolex fix this, will have no prb paying mart

[huncho]

around 20k and below is where i'd actually seriously consider getting one, which would involve trading

i don't think it gets that low though

[1665fan]

25k I’m getting them all……

[MattyL147]

If white dials started showing up around $25k, I'd have a hard time saying no.

[S7gpt]

retail but never really liked that model

[Arthur Daley]

I'll never pay a penny over MSRP for any watch. Re: Daytona my price would be $0 but only because I'm not a fan of chronographs. I think the Daytona looks good, but as I don't time anything, and it's not a complication that excites me, I'd prefer to see someone else have a bite at the apple.

Good luck OP!

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[Solo118]

Older models I am willing to pay more, current black dial... maybe lower 20s?

[h20addict]

MSRP, I love the Daytona but not enough to pay above retail.

[Chester01]

Originally Posted by HelloMelo

Msrp

This, and not a dime over. Sorry there are many more far more relevant chronographs out there and can be had at MSRP. I don’t play hype games.

[Chiboy]

Originally Posted by Fred_Tan

Only thing bothering me from pulling the trigger is not economy.
Rather it’s my OCD with the unbalanced lugs.

I know it don’t bother most ppl.
But I still can’t accept left & right lugs is not balanced due to pushers displacement.

Just me & my 2cents.
If Rolex fix this, will have no prb paying mart

Rolex fixed this, but it will cost more. Most PM are "fixed."

[mulberry083]

If I could get the the Panda at retail I’d do it, but per the AD not realistic. At $25k+ I’d prefer to buy a VC Overseas and a white dial Speedy racing satisfies the white chrono urge at half the price.


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[MSL997]

I have panda and wish for a black dial daytona-C but since that is in current production I am going after the white and black 116520s V series and forward. Theyre mid 20s now but at low 20s I think I am going to have to start making moves. I too am about loading up on Daytonas for the future value increases since they are in the lowest of production.

[Gab27]

If I wanted one, I would be willing to pay a few thousand above MSRP if it was not available from an AD.

[Frank McKay]

I will bump this thread in 5 years when the market for a 116500 is over 100k.

[amanbra]

I have no issues paying a bit more than retail if it saves me a year or so of waiting time. I’m talking about an additional 3-5k. In fact this is what I did with one of my Daytonas back in 2019. Multiples of msrp no way but time is money and a few thousand to wipe off a year for two is fine by me.

Of course I’d rather not have to pay extra and get it directly from the ad. 90% of my watches are purchased this way.


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[shaunylw]

Originally Posted by Frank McKay

I will bump this thread in 5 years when the market for a 116500 is over 100k.

Until every single owner floods the market with them. It’s not remotely close to worth 100k. If it gets there, it’s going to be through a lot of dealer trading. I sure hope you’re right though, mine will go right up for sale and I’ll buy 2 PM pieces at retail. Happy to let anyone that wants to spend absurd money on SS watches to have at it.


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[huncho]

Originally Posted by amanbra

I have no issues paying a bit more than retail if it saves me a year or so of waiting time. I’m talking about an additional 3-5k. In fact this is what I did with one of my Daytonas back in 2019. Multiples of msrp no way but time is money and a few thousand to wipe off a year for two is fine by me.

Of course I’d rather not have to pay extra and get it directly from the ad. 90% of my watches are purchased this way.


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msrp + tax is about $16k so i think low 20s isn't a bad deal at all in terms of tradeoff. 5k or so extra to avoid waiting indefinitely. higher 20s is when it gets hard to stomach i think, with it being a steel rolex

[shaunylw]

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.


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[sudo_root]

And this, ladies and gents, is how grey’s are trying to figure out where they can place a market bottom. If something is trending down in value, why would you ever pay over sticker for it versus just waiting?

[amanbra]

Originally Posted by huncho

msrp + tax is about $16k so i think low 20s isn't a bad deal at all in terms of tradeoff. 5k or so extra to avoid waiting indefinitely. higher 20s is when it gets hard to stomach i think, with it being a steel rolex

Yep and 2 price rises later it will be MSRP at that point but you've enjoyed the watch for two years...

[huncho]

Originally Posted by sudo_root

And this, ladies and gents, is how grey’s are trying to figure out where they can place a market bottom. If something is trending down in value, why would you ever pay over sticker for it versus just waiting?

waiting is not the issue, waiting with no hint of a chance or timeline is, especially if grey prices go up constantly while you wait. also, because daytonas couldn't even be found in ADs in 2008

[Tim Plains]

Originally Posted by amphora001

[warning: investment topic]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 $$

This is a really stupid comment and mentality to have. Never mind watches, don't buy anything new if you feel this way.

[KeithP]

MSRP.
I think I’d rather have a zenith even at that.

[Spartacus]

19,999 …and I own a ceramic Daytona.

[dawalsh]

I’ve been waiting for 116520 to come down under $20k then probably buy as a gift for my business partner. I don’t think the current version will come down that low ever again though.

[TheWatchmen]

The Daytona is a grail watch for a lot of people. The crazy prices that are now coming down IMO have conditioned ppl to think that 12-15k over retail is worth it.

Like it or not, this means that it will not likely drop to say 25k (atleast for a SS white dial, I assume the black dial would go for 5k or so less than whatever the white version is selling for) as ppl would start snatching them up…causing the prices to go up again.

Just my 2 cents…if we go into a real recession, lots of bad things can happen as we all know.

Even then, if you can get one in the grey market for say 20-25k, once the recession is over (and good luck everyone!) you can bet your bottom $ that the prices will go up again with a quickness.

[S``]

Why MSRP? I'll wait for the ADs to pay me money to take away their stock

[Carguy87]

$0 for me; not a fan of Daytonas personally and I don’t buy watches I don’t want to wear. For conversation’s sake if it was one I wanted I’d pay $3k over the equivalent of MSRP plus tax for a BNIB to save the wait.