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Old 9 September 2009, 05:58 PM   #1
JJ Irani
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How come the Exp-II resale value sucks??

Hi guys,

The Exp-II is one helluva watch......and yet its resale sucks big time!!!

Most Rolex lovers clamour over this model, especially the white dial......and yet.......once you buy it, you're kinda stuck with it. Try to sell and you lose big time!!

Wonder why?

Comments please.

Thanks - JJ
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Old 9 September 2009, 07:23 PM   #2
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Hi JJ!!!!

It is because it does not have the rotating bezel. People love the rotating bezel for some reason!!!!!! Seems to give the watch more of a Tool Watch Vibe, like you can do something extra with it.

Warmest regards,

Jake

Quote:
Originally Posted by JJ Irani View Post
Hi guys,

The Exp-II is one helluva watch......and yet its resale sucks big time!!!

Most Rolex lovers clamour over this model, especially the white dial......and yet.......once you buy it, you're kinda stuck with it. Try to sell and you lose big time!!

Wonder why?

Comments please.

Thanks - JJ
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Old 9 September 2009, 07:34 PM   #3
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I don't get the Exp II. The design is a bit quirky for me. It is the one model that I just don't like.

Sorry...
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Old 9 September 2009, 07:43 PM   #4
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Icon5 Supply > Demand?

Quote:
Originally Posted by JJ Irani View Post
Hi guys,

The Exp-II is one helluva watch......and yet its resale sucks big time!!!

Most Rolex lovers clamour over this model, especially the white dial......and yet.......once you buy it, you're kinda stuck with it. Try to sell and you lose big time!!

Wonder why?

Comments please.

Thanks - JJ
I think it is a question of supply. There are just relatively too many of these lying at ADs compared with the other sports models...

Same thing with the datejusts etc; supply seems to exceed demand. Friends advise me to buy from pre-owned market for these models in order not to loose too much during resale.
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Old 9 September 2009, 07:49 PM   #5
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I don't really know either, but Jake sums it up pretty well. There is something about the fixed bezel and it being otherwise just like a GMT Master I think. I like the white dial, but I have never warmed to either model, and can't pin down exactly why. I love the 16710 to pieces and it would reason the same for the ExpII, but alas no.
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Old 9 September 2009, 08:01 PM   #6
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Trends come and go and right now the Exp II just isn't on any "hot list" right now. It has more to do with people wanting something that happens to be trendy than the style or functionality of the watch... IMO, of course.
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Old 9 September 2009, 08:21 PM   #7
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the exp ii design seems 'odd' to me, i have no idea what it is about it..
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Old 9 September 2009, 09:19 PM   #8
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JJ: a 5-7 yr. old Exp. II sells for right around $3K, and that market value has been constant as far as i can tell for the last 5 or 6 years. same old same old. if you buy new from an AD, it's one thing, buy on the secondary market and you'll pay around $3K and sell for about the same. Are you sure there aren't as big losses on other models, such as a blue two tone sub date? or a platty?
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Old 9 September 2009, 09:35 PM   #9
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This series had been around too long... ROLEX should discontinue it and along with EXPLORER 1 as well
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Old 9 September 2009, 09:36 PM   #10
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Personally, I love the white dial version.

From a perception standpoint, the watch seems to be caught between a DJ & a Daytona, but likes hanging out with the Submariner. It has the fixed bezel like both of the aforementioned, and the lineage back to the Sub w/ the professional line case & crown (not triple-lock, though).

It shares the SS oyster bracelet of the Sub, but has a shorter clasp like the GMT. Obviously it shares the 24 hour hand like the GMT, but you can't time your steak with it very well since the bezel doesn't rotate like the Sub.

However, it doesn't have any external rotation parts (bezel) like the Sub, so nothing to fall off.

So, in short, it seems to be a little bit confused as to what it wants to be when it grows up. Since I share the same downfall, the Exp II & I get along very well!
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Old 9 September 2009, 09:38 PM   #11
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Quote:
Originally Posted by jake View Post
Hi JJ!!!!

It is because it does not have the rotating bezel. People love the rotating bezel for some reason!!!!!! Seems to give the watch more of a Tool Watch Vibe, like you can do something extra with it.

Warmest regards,

Jake
Jake is spot on. As a self confessed bezel fiddler it just makes it much easier to get a second or third timezone quickly rotating the bezel. Plus the added use as a simple timer.
Too bad cause it's a great looking watch.
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Old 9 September 2009, 09:53 PM   #12
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Quote:
Originally Posted by Dan Pierce View Post
Jake is spot on. As a self confessed bezel fiddler it just makes it much easier to get a second or third timezone quickly rotating the bezel. Plus the added use as a simple timer.
Too bad cause it's a great looking watch.
dP
Now how do you have time to fiddle with a bezel when you have all those buckles, loops, and other fiddly bits to mess with???

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Old 9 September 2009, 09:58 PM   #13
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In defense of the EXP2, I think a 3-5 year old pre-owned watch for US $3000 is a good buy and a great everyday watch.
The white dial EXP2 has a nice alternative look in a collection of black dial rotating bezel sports watches.
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Old 9 September 2009, 09:59 PM   #14
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JJ, It's because you are not supposed to sell it.
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Old 9 September 2009, 10:02 PM   #15
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Quote:
Originally Posted by Dan Pierce View Post
Jake is spot on. As a self confessed bezel fiddler it just makes it much easier to get a second or third timezone quickly rotating the bezel. Plus the added use as a simple timer.
Too bad cause it's a great looking watch.
dP
I have you know I have never fiddled with my bezel, thank you very much but I do love my Explorer II
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Old 9 September 2009, 10:25 PM   #16
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Quote:
Originally Posted by Brushpup View Post
Now how do you have time to fiddle with a bezel when you have all those buckles, loops, and other fiddly bits to mess with???

I find the time.

Quote:
Originally Posted by B Square View Post
I have you know I have never fiddled with my bezel, thank you very much but I do love my Explorer II
You swear you've never fiddled?????
dP
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Old 9 September 2009, 11:22 PM   #17
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My Exp II White is the one watch I know I will never get rid of.
I picked it as an engagement gift from my fiance just for that reason.
I found one about 6 mths old for $3500.

I think it really is the ulitimate tool (not dive) watch as the bezel is fixed
and it is one less thing to break.

It is the most underrated Rolex out there without a doubt.
I think many of the people who buy a Rolex just for the sake of owning
a Rolex skip it as it isn't something the regular person will see and say oh ROLEX
as soon as they see it which is what many people want.
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Old 9 September 2009, 11:36 PM   #18
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Quote:
Originally Posted by WatchSnob View Post
My Exp II White is the one watch I know I will never get rid of.
I picked it as an engagement gift from my fiance just for that reason.
I found one about 6 mths old for $3500.

I think it really is the ulitimate tool (not dive) watch as the bezel is fixed
and it is one less thing to break.

It is the most underrated Rolex out there without a doubt.
I think many of the people who buy a Rolex just for the sake of owning
a Rolex skip it as it isn't something the regular person will see and say oh ROLEX
as soon as they see it which is what many people want.

I agree with everything the Snob says....
I like a bezel that crap can't get under, I recently pulled my arm out of a hole where I was working on my uderground irrigation (irritating) system and my EXP II was covered in mud and blood and yes, probably Bird Poop, and it's robust beauty was shining through! I never did notice what time it was however...
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Old 9 September 2009, 11:43 PM   #19
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Quote:
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JJ: a 5-7 yr. old Exp. II sells for right around $3K, and that market value has been constant as far as i can tell for the last 5 or 6 years. same old same old. if you buy new from an AD, it's one thing, buy on the secondary market and you'll pay around $3K and sell for about the same. Are you sure there aren't as big losses on other models, such as a blue two tone sub date? or a platty?
I agree with the 2 tone blue right now they just don't bring any money, however there are not many left because of the new sub, so I think they will get strong again IMHO
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Old 9 September 2009, 11:58 PM   #20
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I had a six month old black face I sold and took a 1300.00 hit to get my sub-date. Would really like a white face soon if the checkbook allows.
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Old 10 September 2009, 12:26 AM   #21
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I like the look of the explorer II white dial, but I tried one on at a local estate jewelery store and it just didn't pop for me. People are always going to want submariners, but the explorers are the outsiders that can stand out from the crowd of divers.
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Old 10 September 2009, 12:34 AM   #22
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I love mine and I think I paid about 1600 or 1700 when I bought it new. I believe it is worth a bit more now...


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Old 10 September 2009, 01:13 AM   #23
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The Explorer line is still the only Sport Rolex that is ONLY available in SS (I personally classify the DS and SD in the Submariner line), showing its true purpose as a tool watch. For those who have known me around here long enough, you know that I am a Exp2 convert, having not cared for it for years, but it rivals my Submariner as my favorite watch. It will be both sad and amazing to give it to my son some day. Most people don't use their bezels on a daily basis (JJ, I've never seen photos of your Submariners or YM with the bezel anywhere outside 12 o'clock), so it's superfluous. With the Explorer II, you get a movement with extra complication (24H) at almost half the cost of a GMT.

And at the cost they are going for used, the Explorer II is THE BEST VALUE Rolex you can buy (most bang for the buck).
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Old 10 September 2009, 01:20 AM   #24
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the Explorer II is a stealth watch...

As for resale.......... you take an initial hit (although resale percentage is still way above almost any other brand) because most newbies that buy within the first 5 years all want a blingy GMT IIc, or a Sub..

However, history is on the side of the Explorer II....... Older models sell for way more than any SS Sub or GMT...
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Old 10 September 2009, 03:37 AM   #25
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Quote:
Originally Posted by unclesallie View Post
JJ: a 5-7 yr. old Exp. II sells for right around $3K, and that market value has been constant as far as i can tell for the last 5 or 6 years. same old same old. if you buy new from an AD, it's one thing, buy on the secondary market and you'll pay around $3K and sell for about the same. Are you sure there aren't as big losses on other models, such as a blue two tone sub date? or a platty?
I actually made a profit on my Bluesy. Platty stays!!
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Old 10 September 2009, 03:38 AM   #26
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Quote:
Originally Posted by Tools View Post
the Explorer II is a stealth watch...

As for resale.......... you take an initial hit (although resale percentage is still way above almost any other brand) because most newbies that buy within the first 5 years all want a blingy GMT IIc, or a Sub..

However, history is on the side of the Explorer II....... Older models sell for way more than any SS Sub or GMT...
Thanks, Larry......I think that about sums it up nicely!!
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Old 10 September 2009, 03:39 AM   #27
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Quote:
Originally Posted by jake View Post
Hi JJ!!!!

It is because it does not have the rotating bezel. People love the rotating bezel for some reason!!!!!! Seems to give the watch more of a Tool Watch Vibe, like you can do something extra with it.

Warmest regards,

Jake
Good point there, Jake.....but only if you are a bezel fiddler!!

I'm NOT and I do love the sloping finish on that SS brushed bezel.

JJ
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Old 10 September 2009, 03:53 AM   #28
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Quote:
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Good point there, Jake.....but only if you are a bezel fiddler!!

I'm NOT

JJ
That's because you're busy fiddling with something else most of the time
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Old 10 September 2009, 03:55 AM   #29
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That's because you're busy fiddling with something else most of the time
I knew it, I knew it........glad to have you back and posting, tosser!!
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Old 10 September 2009, 03:56 AM   #30
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if you buy new from an AD, it's one thing, buy on the secondary market and you'll pay around $3K and sell for about the same.
Pretty much my thoughts. If you are taking a big hit...you bought it new. In that case, I'd just call it the cost of collecting.
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