Is this a good watch?

[Wisconsin Proud]

Originally Posted by ocwatching

As long as you don't plan on reselling, the Ferrari pieces can be had for great price.

The price is $2900 on a $7100 watch. I don't think he'll take much of a hit if he sells it down the road.

If you buy a $7100 Panerai, you'll lose about $1500 to $2000 if you sell it a year later.

If he sells the $2900 Ferrari, he'll lose less money that in the Panerai situation above.

For this reason, the discounted Ferrari is a better deal financially thanbuying a new Panerai.

[superb]

Only if you can find someone to buy it later if you sell.

Originally Posted by Wisconsin Proud

The price is $2900 on a $7100 watch. I don't think he'll take much of a hit if he sells it down the road.

If you buy a $7100 Panerai, you'll lose about $1500 to $2000 if you sell it a year later.

If he sells the $2900 Ferrari, he'll lose less money that in the Panerai situation above.

For this reason, the discounted Ferrari is a better deal financially thanbuying a new Panerai.

[ocwatching]

Originally Posted by superb

Only if you can find someone to buy it later if you sell.

[Wisconsin Proud]

So, if he buys it for $2900 and lists it for $1900 a year later, you don't think there will be buyers?

Of course SE PAMs go up in value but the regular production models will certainly take more than a $1000 hit from when purchased new.

Like them or not, this is a good deal on a nice watch.

[TswaneNguni]

Who knows...perhaps the Ferrari PAMs are worth a lot in 10 years time ???

[jhilly8982]

Originally Posted by Wisconsin Proud

The price is $2900 on a $7100 watch. I don't think he'll take much of a hit if he sells it down the road.

If you buy a $7100 Panerai, you'll lose about $1500 to $2000 if you sell it a year later.

If he sells the $2900 Ferrari, he'll lose less money that in the Panerai situation above.

For this reason, the discounted Ferrari is a better deal financially thanbuying a new Panerai.

Tons of Panerai's have awesome resale. Most SE models were around the $7k mark and most go for that price and higher. Base models, and some of the more extravagant new contemporary autos might take a hit on resale, but for the most part, PAMS are pretty decent.