Market conditions

[~JJ]

Interesting article from A Blog to Watch https://www.ablogtowatch.com/why-som...ssible-retail/

[BillA]

Thanks for sharing, I liked the article.

[jrs146]

Interesting!


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[peterpl]

I didn't mind the article either and I agree with him regarding paying over list of a
timepiece. Never would I do it.

On principal alone I wouldn't do it. Personally it just makes me feel as though I've been ripped and wouldn't add to the experience of purchasing a luxury item.

I agree completely with Ariel when he says I want a brand to "want" my business instead of me begging and overpaying for a "luxury" item. (not in those exact words)

[chloebear]

Originally Posted by peterpl

I didn't mind the article either and I agree with him regarding paying over list of a
timepiece. Never would I do it.

On principal alone I wouldn't do it. Personally it just makes me feel as though I've been ripped and wouldn't add to the experience of purchasing a luxury item.

I agree completely with Ariel when he says I want a brand to "want" my business instead of me begging and overpaying for a "luxury" item. (not in those exact words)

I should add that I paid MSRP. I agree with the above about not paying above MSRP on principal. The cool thing about my local AD is they don't ever charge above MSRP, even on the red hot models.

[Aventura]

Originally Posted by peterpl

I didn't mind the article either and I agree with him regarding paying over list of a
timepiece. Never would I do it.

On principal alone I wouldn't do it. Personally it just makes me feel as though I've been ripped and wouldn't add to the experience of purchasing a luxury item.

I agree completely with Ariel when he says I want a brand to "want" my business instead of me begging and overpaying for a "luxury" item. (not in those exact words)

Excellent comment It can not be that they try to manipulate us to get more money. If no one would pay surcharge everything if it fixes it. And if the factory does not want to deliver more watches, it's things of them. That they do not do it. I see that there are many people frustrated and it is very easy for them to go to other brands. There is a part that says: "Imagine a retailer informing you that in order to purchase a luxury steel watch at retail price you need to spend a certain amount of money on the brand or at the store before you are eligible to do so."
That's crazy ... and gives me the reason to what I always said ... there are thousands of Rolex watches from previous models that can not sell and want people to turn to them. CRAZY !!

[Bt122]

Thanks for sharing

[scarlet knight]

Good article! I am a low to moderate collector. I did want a white Daytona C, but after a couple of years on an imaginary waiting list, I don’t expect to get one. I would rather pay retail or slightly less for obtainable watches.

[speedracer5.0]

Thanks for sharing.

[MARTIN1264]

It's Frustrating and Humiliating at the same time....I've said before, I love the Rolex brand but I really can't stand the new practices that they have implemented....The only reason I stay the course with Rolex is the retained value( money in the bank mostly).....But it takes the joy out of buying a watch. It's more of a Business transaction... and that's very sad.

[ap1]

Originally Posted by MARTIN1264

It's Frustrating and Humiliating at the same time....I've said before, I love the Rolex brand but I really can't stand the new practices that they have implemented....The only reason I stay the course with Rolex is the retained value( money in the bank mostly).....But it takes the joy out of buying a watch. It's more of a Business transaction... and that's very sad.

Like

[dcash0615]

Great read.

[Car32]

Originally Posted by MARTIN1264

It's Frustrating and Humiliating at the same time....I've said before, I love the Rolex brand but I really can't stand the new practices that they have implemented....The only reason I stay the course with Rolex is the retained value( money in the bank mostly).....But it takes the joy out of buying a watch. It's more of a Business transaction... and that's very sad.

The new practice is what’s going to ensure the watch retains value.

[gttime]

Originally Posted by MARTIN1264

It's Frustrating and Humiliating at the same time....I've said before, I love the Rolex brand but I really can't stand the new practices that they have implemented....The only reason I stay the course with Rolex is the retained value( money in the bank mostly).....But it takes the joy out of buying a watch. It's more of a Business transaction... and that's very sad.

This exactly! I’ll be honest I paid 10% premium for my SD43 but it was stickered from DavidSW and I don’t regret it a bit. Just can’t make a habit out of it.

[Aventura]

Originally Posted by MARTIN1264

It's Frustrating and Humiliating at the same time....I've said before, I love the Rolex brand but I really can't stand the new practices that they have implemented....The only reason I stay the course with Rolex is the retained value( money in the bank mostly).....But it takes the joy out of buying a watch. It's more of a Business transaction... and that's very sad.

I agree with you in what you say except in the matter of investment. If you buy a Sub today. Date you pay $ 8550 + tax which is around $ 9150 according to the state where you live ..
When you recover that money? That price was also when the watch was released in 2010? How much do you think they would pay you for that watch? I thought it would be a gray dealer because a private party is not going to send you the money before, because you do not have references. And also calculate how much would be if there was no shortage at this time.

[MARTIN1264]

Originally Posted by Aventura

I agree with you in what you say except in the matter of investment. If you buy a Sub today. Date you pay $ 8550 + tax which is around $ 9150 according to the state where you live ..
When you recover that money? That price was also when the watch was released in 2010? How much do you think they would pay you for that watch? I thought it would be a gray dealer because a private party is not going to send you the money before, because you do not have references. And also calculate how much would be if there was no shortage at this time.

You kinda of lost me....Can you please explain? If I buy a Rolex, they all have residual value when compared to other watches. And it seems in most cases lately that the Sports line are more expensive even with private sales.....Again Rolex has created this scenario....Some people like it because of values. IMHO, Rolex has taken the any excitement out of buying their watches. When you spend a lot of $$ (to me at least) I think you should enjoy the buying experience.

The experience in now a Business transaction (with damn stipulations!) That's what I hate most. I mean, why did buying a watch have to become a chore? I know we all love the Brand but it's out hand. People scrambling to buy a watch LOL!!


It's a bad way to be.......

[TudorTuesday]

Originally Posted by MARTIN1264

. When you spend a lot of $$ (to me at least) I think you should enjoy the buying experience.

I wish I'd had you around every time I bought a house or car. Seems when I spend a lot of money, it's always a pretty miserable experience. Maybe it's me! :(

The enjoying is always great. The buying... Always arm wrestling an "oh, one more thing" and " we're sorry, but..."

[MARTIN1264]

Originally Posted by TudorTuesday

I wish I'd had you around every time I bought a house or car. Seems when I spend a lot of money, it's always a pretty miserable experience. Maybe it's me! :(

The enjoying is always great. The buying... Always arm wrestling an "oh, one more thing" and " we're sorry, but..."

Most of the time, when you are buying a house it's usually for a reason (bad neighbor, downsizing etc, and needing a new or newer car is usually a necessity) but when buying a watch or a fun car it should be a nice experience..... I was in Greenwich CT. (Lot of AD's clustered in one area) yesterday looking for a Rolex, but I was also looked at other brands....It's nice to be greeted and appreciated by most of the dealers when looking at higher end and sometimes mid-tier brands. It felt to me that they were looking for my business...When I drop any type of money on something i don't need but want, I hope to enjoy the experience.

The Rolex dealer however nice, needs to follow rules laid out by Rolex. Again IMHO...Keeping stocks low helps the brand keep its (perceived by many) exclusivity...

I just think that Rolex Almighty should understand the angst and frustrations that are caused by their actions alone... Not a good way (or ethical) to treat People.

[Speed]

Originally Posted by TudorTuesday

I wish I'd had you around every time I bought a house or car. Seems when I spend a lot of money, it's always a pretty miserable experience. Maybe it's me! :(

The enjoying is always great. The buying... Always arm wrestling an "oh, one more thing" and " we're sorry, but..."

This!

Thanks Brother... I’m with you!

[watchmework]

Thanks for sharing, it’s an interesting article.

[snipermaverick]

Thanks. Good read.

[Urosfan]

Good read for sure

[Speedbird-1]

Interesting read, with a lot of common sense.

As far as paying 'over the top' for a trinket I don't really need.....

........"I am Spartacus".

[playmore009]

Interesting read indeed. I just don’t pay above retail as it perpetuates the current situation. If we all decide not to buy above retail or combo purchases at AD or from grey, they will get the message. I don’t hold any judgement on others.

They are not doing me a favor to take my money for exchange for their product. That is ludicrous.


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[Aventura]

Originally Posted by playmore009

Interesting read indeed. I just don’t pay above retail as it perpetuates the current situation. If we all decide not to buy above retail or combo purchases at AD or from grey, they will get the message. I don’t hold any judgement on others.

They are not doing me a favor to take my money for exchange for their product. That is ludicrous.


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Very, very well said.

[Etschell]

principal is great in theory. in reality you pay how much for a drink at a bar vs. at home?

[Speedbird-1]

Originally Posted by Etschell

principal is great in theory. in reality you pay how much for a drink at a bar vs. at home?

Today, it'd cost me £800 to fly home for a beer.
And anyway I'm happy to pay a bit extra to be served warm
beer in a dirty glass by an equally 'dirty' looking 'bar-person'
with big blue eyes and large, pendulous..........

[TimeToWatch]

Good for current owners, bad for prospective buyers.

It’s a sellers market in everything from houses to watches.

[glassdial]

Originally Posted by TimeToWatch

Good for current owners, bad for prospective buyers.

It’s a sellers market in everything from houses to watches.

Possibly not for long, we are 10 years into a bull run. Its going to end, look at London house prices, already starting to slide, weak pound, Brexit on the horizon. Soon it will be art and luxuries on the decline.

[T4ME]

Good read.