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Fraz · 29 May 2018, 11:31 AM

Hi guys,

I would like your opinion on this: what do you think about paying full retail for a current generation explorer 1 39 mm? I can't get a discount where I live and I don't love the idea of buying pre-owned. After taxes I am looking at 6500 USD. Will the watch retain its value bought at this price? (I am not thinking about reselling it soon, I just want the peace of mind of knowing that my investment would be somewhat safe).

Thank you.

importstunna · 29 May 2018, 11:34 AM

I would do it. It's hard enough to get any SS as is today, and although Exp 1 may be one of the easier ones to locate, it's still not a bad deal to pay just MSRP. Don't want to pass up the opportunity now to have it vs. trying to save maybe 5% discount?

Good luck!

DLRIDES · 29 May 2018, 11:38 AM

Buy the watches you want to wear.

Invest long term in blue chip stocks.

Post photos tomorrow evening of the watch after it’s unboxed.

Rocco21 · 29 May 2018, 11:48 AM

You would loose about a grand buying at that price but if you like the watch who cares.Its worth it.

Maxy · 29 May 2018, 11:56 AM

Quote:

Originally Posted by Fraz

Hi guys,

I would like your opinion on this: what do you think about paying full retail for a current generation explorer 1 39 mm? I can't get a discount where I live and I don't love the idea of buying pre-owned. After taxes I am looking at 6500 USD. Will the watch retain its value bought at this price? (I am not thinking about reselling it soon, I just want the peace of mind of knowing that my investment would be somewhat safe).

Thank you.

Retail is $6550 and you're getting after taxes at $6500. What's the discussion? Just get it IMO!!

MrInternational · 29 May 2018, 11:59 AM

Quote:

Originally Posted by Maxy

Retail is $6550 and you're getting after taxes at $6500. What's the discussion? Just get it IMO!!

+1

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Strummer · 29 May 2018, 11:58 AM

My favorite watch I own. Buy it. They are gettting harder to find.

ferrissteve11 · 29 May 2018, 11:58 AM

Buy the watch to wear and if it does alright in the long run that's great. In the current watch collecting climate, any SS professional series watch is a catch. Will it retain its value in the long term...better than many other brands sure, but for strict investment purposes, you're better off parking your cash in stocks, bonds, even some precious metals.

Rolex just happens to retain its value better than many brands, but I wouldn't consider them as a means of investing. Its similar to an AP or Patek in the sense you won't really 'lose' much if any if you decide to sell/trade. My .02 on the topic.

FTX I · 29 May 2018, 12:00 PM

That's the same price trusted sellers are asking for one. I'd say do it.

oroloi · 29 May 2018, 12:23 PM

Buy it and enjoy it, that in itself is a great investment

gk032 · 29 May 2018, 12:36 PM

Quote:

Originally Posted by oroloi

Buy it and enjoy it, that in itself is a great investment

^^^^this. I paid MSRP from a local AD. No regrets.

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dob1 · 29 May 2018, 12:38 PM

Do it. I just bought mine on Saturday from an AD. As for the retaining money part, keep in mind that you will almost always lose some money if you engage with a third party (seller/shop) because they also have to make their margin.

MonsterSS · 29 May 2018, 10:12 PM

Quote:

Originally Posted by dob1

Do it. I just bought mine on Saturday from an AD. As for the retaining money part, keep in mind that you will almost always lose some money if you engage with a third party (seller/shop) because they also have to make their margin.

nice!!!!!!!!

Fraz · 29 May 2018, 12:35 PM

I appreciate everyone's take on this!

Just to be clear, I am not looking to make money on the watch. I understand it is not an investment. What I meant is I just want to make sure most of the value will be retained. That's one of the big things about Rolex. We all know that they are overpriced, but as long as they retain value that doesn't matter as much, because in case you want to sell it you recover most / all your money.

joli160 · 29 May 2018, 04:01 PM

Quote:

Originally Posted by Fraz

I appreciate everyone's take on this!

Just to be clear, I am not looking to make money on the watch. I understand it is not an investment. What I meant is I just want to make sure most of the value will be retained. That's one of the big things about Rolex. We all know that they are overpriced, but as long as they retain value that doesn't matter as much, because in case you want to sell it you recover most / all your money.

Real estate is a better option

faz · 1 June 2018, 06:38 AM

Quote:

Originally Posted by Fraz

What I meant is I just want to make sure most of the value will be retained. That's one of the big things about Rolex. We all know that they are overpriced, but as long as they retain value that doesn't matter as much, because in case you want to sell it you recover most / all your money.

Fraz,
you are approaching this purchase with too much 'value' in your mind. Most people won't call Rolex watches 'overpriced'. For the most part, they are priced right, and in some cases, at MSRP, priced TOO LOW for the current market conditions.

At $6500 BNIB OTD you are at a great price point. Try selling it after purchase (next day, here on TRF) and you will be lucky to be able to sell it for $4500, perhaps $5000 if you are lucky and find a face to face deal where you are.

Don't buy it because of the 'value' it retains. Buy it if you like it and you think you will keep it for a long while.

AK797 · 1 June 2018, 06:44 AM

Quote:

Originally Posted by faz

Fraz,
you are approaching this purchase with too much 'value' in your mind. Most people won't call Rolex watches 'overpriced'. For the most part, they are priced right, and in some cases, at MSRP, priced TOO LOW for the current market conditions.

At $6500 BNIB OTD you are at a great price point. Try selling it after purchase (next day, here on TRF) and you will be lucky to be able to sell it for $4500, perhaps $5000 if you are lucky and find a face to face deal where you are.

Don't buy it because of the 'value' it retains. Buy it if you like it and you think you will keep it for a long while.

Exactly, buy the watch not the price. I know it's a tough pill to swallow as last year even in the UK you could get a discount on this, but we sure ain't in Kansas no more so retail is a nice deal.

And the Rolex 904L SS is fine, doesn't scratch any more than other SS.

Maxy · 1 June 2018, 06:22 PM

Quote:

Originally Posted by Fraz

We all know that they are overpriced, but as long as they retain value that doesn't matter as much, because in case you want to sell it you recover most / all your money.

Who is WE here? For one, I don't think Rolex is overpriced.(Its a long discussion for another time).

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Fraz · 2 June 2018, 02:57 AM

Quote:

Originally Posted by Maxy

Who is WE here? For one, I don't think Rolex is overpriced.(Its a long discussion for another time).

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Fair enough. Sorry for generalizing.

Thank you to everyone that replied. I have some thinking to do now.

Nikrnic · 29 May 2018, 12:55 PM

Sounds like a fair deal to me. I'd say do it.

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bellesdad0417 · 29 May 2018, 12:58 PM

I believe I paid $6500 even out the door for mine in 2016 so that sounds reasonable. It's a nice watch I love mine and is a great starter piece

siempreko · 29 May 2018, 01:01 PM

Never pay retail... never...

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Mr. K · 29 May 2018, 11:15 PM

Quote:

Originally Posted by siempreko

Never pay retail... never...

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Interesting. What should a person do? If one wants to buy a new watch nobody is discounting, and you refused to pay retail, then how do you buy a watch?

Colin G · 1 June 2018, 06:20 AM

Quote:

Originally Posted by siempreko

Never pay retail... never...

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I agree. Not on a common SS watch like an Explorer. I got mine when the SS shortage frenzy started and still got a really nice discount from an AD. MSRP is $7500 CAD and I paid $7000 CAD with the %12 tax in.

In all honesty I would have had no problem paying MSRP since it is such a nice watch.

Devildog · 14 June 2018, 07:37 PM

Quote:

Originally Posted by siempreko

Never pay retail... never...

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Good luck when you ever visit the real world

HogwldFLTR · 29 May 2018, 01:06 PM

Go for it!!! I hope to see some incoming shots too!!!

You · 29 May 2018, 01:54 PM

I paid retail for my Explorer, go for it.

OhioMade · 29 May 2018, 01:57 PM

I paid full retail for mine in November and have no regrets. Enjoy it!

Rocket_Man · 29 May 2018, 02:05 PM

The MOST discount you could hope for is 10%. $650. In the grand scheme of things that is not much really. If you like the watch buy it. If it was important enough to save money you would buy used. But it seems more important to buy new, therefore you may the new price.

watchmavan · 29 May 2018, 03:42 PM

See the watch
Want the watch
Buy the watch
Happy!

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29 May 2018, 11:31 AM	#1
Fraz "TRF" Member Join Date: Sep 2016 Location: N/A Posts: 175	Paying full retail for Explorer 39 mm Hi guys, I would like your opinion on this: what do you think about paying full retail for a current generation explorer 1 39 mm? I can't get a discount where I live and I don't love the idea of buying pre-owned. After taxes I am looking at 6500 USD. Will the watch retain its value bought at this price? (I am not thinking about reselling it soon, I just want the peace of mind of knowing that my investment would be somewhat safe). Thank you.

29 May 2018, 11:38 AM	#3
DLRIDES 2024 SubLV41 Pledge Member Join Date: Jan 2017 Real Name: Don Location: NC/WY Watch: Me Posts: 4,676	Buy the watches you want to wear. Invest long term in blue chip stocks. Post photos tomorrow evening of the watch after it’s unboxed. __________________ *Purchasing your first non HOA home on a 3 acre lot DOES NOT equate to owning a “farm”.*

29 May 2018, 01:06 PM	#26
HogwldFLTR 2024 ROLEX SUBMARINER 41 Pledge Member Join Date: Aug 2012 Real Name: Lee Location: 42.48.45N70.48.48 Watch: Too many to list! Posts: 33,697	Go for it!!! I hope to see some incoming shots too!!! __________________ Troglodyte in residence! https://www.rolexforums.com/showthread.php?t=808599

29 May 2018, 03:42 PM	#30
watchmavan Member Join Date: Oct 2016 Real Name: Michael Location: Melbourne, Aust Watch: Polar 16570 Posts: 1,185	Paying full retail for Explorer 39 mm See the watch Want the watch Buy the watch Happy! Sent from my iPhone using Tapatalk Pro

29 May 2018, 11:34 AM	#2
importstunna "TRF" Member Join Date: Nov 2012 Location: World Watch: BLNR Posts: 855	I would do it. It's hard enough to get any SS as is today, and although Exp 1 may be one of the easier ones to locate, it's still not a bad deal to pay just MSRP. Don't want to pass up the opportunity now to have it vs. trying to save maybe 5% discount? Good luck!

29 May 2018, 11:48 AM	#4
Rocco21 Banned Join Date: Jan 2016 Real Name: Rob Location: Cape Cod Watch: 126660,126600 Posts: 1,324	You would loose about a grand buying at that price but if you like the watch who cares.Its worth it.

29 May 2018, 11:58 AM	#7
Strummer "TRF" Member Join Date: Feb 2017 Location: Franklin, TN Posts: 108	My favorite watch I own. Buy it. They are gettting harder to find.

29 May 2018, 11:58 AM	#8
ferrissteve11 "TRF" Member Join Date: Jan 2013 Location: USA Posts: 1,116	Buy the watch to wear and if it does alright in the long run that's great. In the current watch collecting climate, any SS professional series watch is a catch. Will it retain its value in the long term...better than many other brands sure, but for strict investment purposes, you're better off parking your cash in stocks, bonds, even some precious metals. Rolex just happens to retain its value better than many brands, but I wouldn't consider them as a means of investing. Its similar to an AP or Patek in the sense you won't really 'lose' much if any if you decide to sell/trade. My .02 on the topic.

29 May 2018, 12:00 PM	#9
FTX I "TRF" Member Join Date: Feb 2013 Real Name: Flavio Location: N/A Posts: 14,654	That's the same price trusted sellers are asking for one. I'd say do it.

29 May 2018, 12:23 PM	#10
oroloi "TRF" Member Join Date: Apr 2018 Location: Australia Watch: YachtMaster 116621 Posts: 290	Buy it and enjoy it, that in itself is a great investment

29 May 2018, 12:38 PM	#12
dob1 "TRF" Member Join Date: Aug 2017 Real Name: Dan Location: Tinseltown Watch: 116619LB Posts: 152	Do it. I just bought mine on Saturday from an AD. As for the retaining money part, keep in mind that you will almost always lose some money if you engage with a third party (seller/shop) because they also have to make their margin.

29 May 2018, 12:35 PM	#14
Fraz "TRF" Member Join Date: Sep 2016 Location: N/A Posts: 175	I appreciate everyone's take on this! Just to be clear, I am not looking to make money on the watch. I understand it is not an investment. What I meant is I just want to make sure most of the value will be retained. That's one of the big things about Rolex. We all know that they are overpriced, but as long as they retain value that doesn't matter as much, because in case you want to sell it you recover most / all your money.

29 May 2018, 12:55 PM	#20
Nikrnic "TRF" Member Join Date: May 2017 Real Name: Louis Nick Ric Location: Michigan, USA Watch: Blnr, Expll, Subs, Posts: 10,172	Sounds like a fair deal to me. I'd say do it. Sent from my SM-G900V using Tapatalk

29 May 2018, 12:58 PM	#21
bellesdad0417 "TRF" Member Join Date: Feb 2018 Real Name: David Location: GA Watch: 214270 SD43 Posts: 2,179	I believe I paid $6500 even out the door for mine in 2016 so that sounds reasonable. It's a nice watch I love mine and is a great starter piece

29 May 2018, 01:01 PM	#22
siempreko "TRF" Member Join Date: Jan 2013 Location: Maryland, USA Watch: Sometimes Posts: 1,197	Never pay retail... never... Sent from my iPhone using Tapatalk

29 May 2018, 01:54 PM	#27
You "TRF" Member Join Date: Jul 2016 Location: Beverly Hills, CA Watch: Platinum Daytona Posts: 785	I paid retail for my Explorer, go for it.

29 May 2018, 01:57 PM	#28
OhioMade "TRF" Member Join Date: Aug 2011 Location: Las Vegas, NV Watch: OP 41 Posts: 76	I paid full retail for mine in November and have no regrets. Enjoy it!

29 May 2018, 02:05 PM	#29
Rocket_Man "TRF" Member Join Date: Jun 2015 Location: Houston TX Posts: 1,332	The MOST discount you could hope for is 10%. $650. In the grand scheme of things that is not much really. If you like the watch buy it. If it was important enough to save money you would buy used. But it seems more important to buy new, therefore you may the new price.

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