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hjhansolo · 31 December 2008, 07:21 PM

I'm a financial markets guy (boo! I know) and I'm thinking that we should start seeing good markdowns in 2009 not only for second hand Rolexes, but also even new to market Rolexes as dealers get desperate to shed inventory.

And, if the current FX market trend continues, one may be better off buying in UK, rather than US for a change as inventory there is priced in pounds and purchased in pounds.

Any thoughts? I'm looking at the new WG Day Date II for my pops. I tried talking him into other Rolexes, but he's fixated on that particular one. Clearly there will be some discounts on the old 36mm model, but I'm thinking that there may even be some wiggle room w the dealer.

BigHat · 31 December 2008, 08:41 PM

Here are a few recent threads that argue the likelihood of what you're asking about.

http://www.rolexforums.com/showthread.php?t=61319

http://www.rolexforums.com/showthread.php?t=62122

http://www.rolexforums.com/showthread.php?t=62093

No Rolex Yet · 31 December 2008, 08:48 PM

Financial markets guys always make me wiggle.....

So Mr Financial Markets big shoot..... you know the difference between a 1803, 18038, 18238 and 118238?

No know nothing about Rolex.

I told a Mr Financial Markets big shot last week that I would not deal with him because I felt he was a turd. And no - I told him I don't care if I go bankrupt without his business because peace of mind is worth more to me than dealing with people like him!

langdalematt · 31 December 2008, 09:02 PM

If you want to buy in the UK be quick as a price rise is coming in January to even out the currency fluctuation. Not sure of the date but I would act fast.

31 December 2008, 07:21 PM	#1
hjhansolo "TRF" Member Join Date: Dec 2008 Location: Beijing Watch: GMT MasterII 2TCer Posts: 14	Buying a Rolex in this economy? I'm a financial markets guy (boo! I know) and I'm thinking that we should start seeing good markdowns in 2009 not only for second hand Rolexes, but also even new to market Rolexes as dealers get desperate to shed inventory. And, if the current FX market trend continues, one may be better off buying in UK, rather than US for a change as inventory there is priced in pounds and purchased in pounds. Any thoughts? I'm looking at the new WG Day Date II for my pops. I tried talking him into other Rolexes, but he's fixated on that particular one. Clearly there will be some discounts on the old 36mm model, but I'm thinking that there may even be some wiggle room w the dealer.

31 December 2008, 08:41 PM	#2
BigHat Banned Join Date: Sep 2007 Real Name: Matt Location: Arlington, VA Watch: Lange One MP Posts: 4,043	Here are a few recent threads that argue the likelihood of what you're asking about. http://www.rolexforums.com/showthread.php?t=61319 http://www.rolexforums.com/showthread.php?t=62122 http://www.rolexforums.com/showthread.php?t=62093

31 December 2008, 08:48 PM	#3
No Rolex Yet Banned Join Date: Dec 2008 Location: USA Posts: 14	Financial markets guys always make me wiggle..... So Mr Financial Markets big shoot..... you know the difference between a 1803, 18038, 18238 and 118238? No know nothing about Rolex. I told a Mr Financial Markets big shot last week that I would not deal with him because I felt he was a turd. And no - I told him I don't care if I go bankrupt without his business because peace of mind is worth more to me than dealing with people like him!

31 December 2008, 09:02 PM	#4
langdalematt Member Join Date: Dec 2008 Real Name: Mark Location: London Watch: Rolex Deepsea Posts: 81	If you want to buy in the UK be quick as a price rise is coming in January to even out the currency fluctuation. Not sure of the date but I would act fast.

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