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herreras · 28 April 2012, 02:52 AM

Hi,
I am looking at a new Omega SMP 300M Chronometer with black ceramic bezel. Beautiful watch and the price seems right new at around $3,200.00.

Here is my question. The older Omega Seamaster Professional's seem to sell for closer to $1,500 - $2,000. Can I expect to lose $1K in depreciation in 1-3 years on an Omega? I guess that seems a high depreciation rate, is that why I should consider a Rolex Sub or Explorer?

Appreciate your thoughts on this.

wantonebad · 28 April 2012, 02:54 AM

Wrong forum

azguy · 28 April 2012, 02:58 AM

IBTM (in before the move)

Great watch OP, saw one in person last week at the Omega Boutique.

I think you're wrong about the pre-ceramic pricing, pre-owned they still bring $1,750-2,400 depending on age, condition and service history.

The sad truth is that Omega and Breitling are harder to sell and depreciate faster than a Rolex....

kilyung · 28 April 2012, 03:02 AM

Gorgeous piece but so new that there's not much used pricing history to go on.

rodrob59 · 28 April 2012, 01:02 PM

Nothing like that new watch smell!

Bobble · 28 April 2012, 01:50 PM

You must remember that the older Omega's where less to buy when they where new. If you bought any watch new and sold it in less than two years you will make a loss, even Rolex.history has shown however that some Rolex keeps there value well over a longer time, well so far.

28 April 2012, 02:52 AM	#1
herreras "TRF" Member Join Date: Apr 2012 Location: Dubuque Posts: 7	Thoughts on this Omega please Hi, I am looking at a new Omega SMP 300M Chronometer with black ceramic bezel. Beautiful watch and the price seems right new at around $3,200.00. Here is my question. The older Omega Seamaster Professional's seem to sell for closer to $1,500 - $2,000. Can I expect to lose $1K in depreciation in 1-3 years on an Omega? I guess that seems a high depreciation rate, is that why I should consider a Rolex Sub or Explorer? Appreciate your thoughts on this.

28 April 2012, 02:54 AM	#2
wantonebad 2024 SubLV41 Pledge Member Join Date: Nov 2007 Location: USA Watch: 126600, 116500LN Posts: 12,849	Wrong forum __________________ "I'm kind of a big deal... on a fairly irrelevant social media site that falsely inflates my fragile ego"

28 April 2012, 01:02 PM	#5
rodrob59 "TRF" Member Join Date: Jun 2011 Real Name: Rod Location: Atlanta, GA Watch: YG DD 18238 Posts: 1,540	Nothing like that new watch smell! __________________ I ask you to judge me by the enemies I have made. -Franklin D. Roosevelt

28 April 2012, 02:58 AM	#3
azguy Banned Join Date: Sep 2011 Real Name: ------- Location: ------- Watch: --------- Posts: 12,609	IBTM (in before the move) Great watch OP, saw one in person last week at the Omega Boutique. I think you're wrong about the pre-ceramic pricing, pre-owned they still bring $1,750-2,400 depending on age, condition and service history. The sad truth is that Omega and Breitling are harder to sell and depreciate faster than a Rolex....

28 April 2012, 03:02 AM	#4
kilyung 2024 SubLV41 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,940	Gorgeous piece but so new that there's not much used pricing history to go on.

28 April 2012, 01:50 PM	#6
Bobble Member Join Date: Jun 2011 Real Name: Paul Location: Midlands UK Watch: GMT IIc, Daytona Posts: 423	You must remember that the older Omega's where less to buy when they where new. If you bought any watch new and sold it in less than two years you will make a loss, even Rolex.history has shown however that some Rolex keeps there value well over a longer time, well so far.

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