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18 January 2013, 05:06 AM | #1 |
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Price Increases and the Used Market!!
Hey guys!
Not sure if this was a topic of conversation in the pat and if it was I apoligize. When Rolex has a price increase on new models what does that do for the used market? I would imagine it would also help raise the price of the used market as the new ones may be too expensive for some. Whats your general idea and have you noticed any trends? Thanks!
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18 January 2013, 05:09 AM | #2 |
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Yup, it floats all boats.
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18 January 2013, 05:17 AM | #3 |
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18 January 2013, 06:12 AM | #4 |
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Eventually yes but even since the last increase used prices have remained relatively still, even plunging in some models. So in the short term a few months after I would not say a change. Until people start flipping models bought solely at post increase prices to yield a shift
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18 January 2013, 07:19 AM | #5 |
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My observation is it lifts the Pre-owned popular models that are 1-5 years old. The much older ones not much at all - they work in their own price micro-climate based on rarity and condition.
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