Panda purchase question

[Shaitan]

Originally Posted by AF_Rob

Time is worth something, I get it. Even if the market flattened out, you’d still be able to enjoy it for years and get out of it unscathed.

I just don’t like it, or any other model enough to do it. I’d direct my attention elsewhere, likely.


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I am on no AD waiting list for this watch so I would never get it the regular way. And I held off a year ago when it was going for 30k. I wanted that watch, if the price flattens i won’t be too upset. Even if it drops by 20k I still have a Panda I can enjoy. I will never sell it so it doesn’t really matter where prices go from now. Sure would be cool to say it’s worth 100k one day



This pic justifies it for me :)


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[mulberry083]

Originally Posted by scombs263

See if you can get a PM Daytona from your AD at msrp. Much nicer watch for less money than a grey market panda Daytona.

Agree. I’d rather pay MSRP for a 116503, which is much more attainable, than $50k on the panda.


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[zengineer]

The rational that it will keep going up makes sense if you are a watch investor. I don't personally have a desire to own one at any price, but in my mind it is a great value at MSRP and a good value under $20k but at today's prices it is just plain overpriced. I don't buy anything that overpriced, I look elsewhere. So sure, it may go up but if your mindset is to buy a watch to wear then it is a real stretch to pay $50k for a watch the AD paid $10k for a week prior.

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[watchwatcher]

That is a tough one.

The only thing I can tell you is that all logic and reason disappear whenever the word "Daytona" appears on the dial.

[Shaitan]

Originally Posted by mulberry083

Agree. I’d rather pay MSRP for a 116503, which is much more attainable, than $50k on the panda.


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True but as a daily wearer the PM bezel isn’t as ideal imo. Got a WG Daytona and that dinks when I look at it I swear


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[zengineer]

Originally Posted by Mystro

Ain’t that the truth. When everyone was losing their mind for paying $25k for a white SS Daytona, including me. Huge mistake not buying one then as it ended up costing me more in the end. The SS Daytona bus never stops so jump on before it leaves you behind.


Or look at it another way: if you buy a new car for $50k now or a SS Daytona, in four years the SS Daytona is going to be worth a lot more money than the car regardless what the economy does.

To be fair, a car has always been a product that wears out and depreciates at a much faster and obvious way compared to a luxury watch.

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[lamnyc]

It will be impossible to get any Daytona at list if you don’t have any past purchases. If it’s been on your mind, just get it and enjoy if you have the funds.

[eijiboy]

Originally Posted by RealMadrid1988

It’s cute that you think if you say this enough times it will become true.

Its true. You think im making this numbers up? Theres plenty of panda lately fir sale on fb group and its nowhere near 50k.


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[HHIslander]

Buy now or be priced out forever.

[dnd2984]

Originally Posted by Mystro

Fun fact: I literally know more people that has won the lottery than have purchased a SS Daytona (either color) from a AD.

I just thought about that and me too

All my buddies with Daytonas have purchased from Grey, one just got a panda for 45k in early Jan.

[Mystro]

Originally Posted by zengineer

To be fair, a car has always been a product that wears out and depreciates at a much faster and obvious way compared to a luxury watch.

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I know, but just making a point of other things people typically buy in this price range.

[dnd2984]

Originally Posted by eijiboy

Seen a used one for 44k box and papers. They dipping. Probably people ate holding for the next rolex release this month


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After watches and wonder it will go back up. I am pretty sure if patterns are correct most greys and resellers are unloading to buy new watches.

[Mystro]

Originally Posted by dnd2984

I just thought about that and me too

All my buddies with Daytonas have purchased from Grey, one just got a panda for 45k in early Jan.

It’s not crazy when a ten+ year waiting list was mentioned as the norm last year. You will see the occasional lucky forum member score one at their AD on this forum but we do not represent a realistic statistical probability. This is like going to a “lottery forum” and seeing all the winners thinking it’s a realistic probability you’ll win as well.

[mulberry083]

Originally Posted by Shaitan

True but as a daily wearer the PM bezel isn’t as ideal imo. Got a WG Daytona and that dinks when I look at it I swear


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Great point, but wouldn’t use a PM Daytona as a daily. That’s my Sub’s job!


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[Shaitan]

I have various dailies so the Daytona comes into play when I wear a shirt. My Subs are just too thick, same with my GMT. That’s why I splashed out on a Panda.


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[Shaitan]

Originally Posted by mulberry083

Great point, but wouldn’t use a PM Daytona as a daily. That’s my Sub’s job!


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If they made a full bracelet PM Daytona with a ceramic bezel I wouldn’t need the Panda but if you want to wear a full bracelet Daytona regularly you don’t have much choice. You got the Playtona of course but I missed the train on that one even more - plus that’s not a daily wearer unless you want to get robbed for sure :)


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[Brake Late]

I had to do it.. the watch feels very special and I don't believe I'll regret it. Thanks guys for all of your input!
Cheers

[eijiboy]

Originally Posted by Brake Late

I had to do it.. the watch feels very special and I don't believe I'll regret it. Thanks guys for all of your input!
Cheers

Congrats! As long as you happy all good


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[nachopc]

Originally Posted by Mystro

Fun fact: I literally know more people that has won the lottery than have purchased a SS Daytona (either color) from a AD.

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[mulberry083]

Watch looks great!


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[rawrence]

Enjoy!! You made the right choice!

[Lamontsanders]

It’s a really nice watch. Congrats!

[just1time]

Originally Posted by Easy E

I think buying a Daytona at any price is a bad idea.

[just1time]

The Daytona is a decent watch IMO. Nothing spectacular about it. But the public has done a GREAT job at glorifying it that the value has skyrocketed beyond belief.

[nachopc]

Originally Posted by Brake Late

I had to do it.. the watch feels very special and I don't believe I'll regret it. Thanks guys for all of your input!
Cheers

I really enjoyed reading your post, to me you did the right thing, those who has the watch and said will not pay 50k is simply because they had the watch already.

Huge Congratulations!!! You deserve it , ENJOY


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[Sunstreaker]

Debating doing this as well. But not straight up cash.

What do you all think of training a Z-Blue and Hulk for a Panda?

[train-time]

Originally Posted by Brake Late

Very thoughtful response. The watch is an unworn 2021. They have it on hold for me and I'll probably pull the trigger today. Thank you

Definitely a fair price for one in this condition, especially since you can see and touch it first and from an AD that you know and trust. Also I would view a 2021 card without a prior owner's name a plus in my book.

We seem to be in a market lull right now, post holidays and just before the new models coming out. I suspect prices will climb on these for the rest of the year.

Congratulations!!

[Daveclock]

Congratulations!

[Mystro]

Originally Posted by Brake Late

I had to do it.. the watch feels very special and I don't believe I'll regret it. Thanks guys for all of your input!
Cheers

Wow……

[stevestil]

your call

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