Something to contemplate Rolex vs

[cornerstore]

Food for thought. AD’s vs After sales Retailers … aka Grey dealers and Flippers.

I think what many people are missing is Rolex rejigged and continues to evolve their traditional role in the food supply chain. Did it by shutting down and continues to shutter mom and pop and any non compliant AD’s, even National retail Brands.

Rolex AD’s are now the equivalent of a Wholesaler..wholesalers prioritize existing clients in limited numbers, sometimes in limited amounts depending on supply.

The New Retailer’s.. the Greys buy at wholesale and sell at what the market will pay at any giving time aka Retail.

In Rolex’s case it’s currently very high but Zenith the Greys are selling below AD prices. Never hear any complaints about that.

Good news for the Rolex lovers, regardless of what you paid an AD, Grey, a Flipper or private seller, you are getting it at a price that ‘s likely not to go down in the foreseeable future.

Today’s Rolex current market prices cost you nothing. People regardless of their position in the food chain buy knowing it doesn’t deprecate from their acquisition price .

Some refer to it as an investment, better to think of it as non depreciating asset with immediate liquidity.

Yes prices dictate less opportunity to own more watches for most of us. However pricing is relatively solid at all levels of the food chain.


As my Granny used to say “it’s not what you paid for something, it’s how much it costs you to own it” Today’s Rolex market the answer is Zero.


Things will turn but not today. Until then us minnows can buy knowing our costs are recoupable regardless of our place on the food chain.

Want to blame anyone Blame the Internet Watch sites for the current situation. Allows for greater liquify and absorbs inventory at a ferocious pace.

Just something to think about, not looking for a debate, just one guys view of things.

[No SUBctitute]

If you buy a Pepsi GMT from DSW for $23,000, and when you decide to sell, the going price at DSW is still $23,000, YOU will not be able to sell it for $23,000. David can because people trust him. So in a flat market, you will still lose money.

[cornerstore]

Originally Posted by No SUBctitute

If you buy a Pepsi GMT from DSW for $23,000, and when you decide to sell, the going price at DSW is still $23,000, YOU will not be able to sell it for $23,000. David can because people trust him. So in a flat market, you will still lose money.

If you plan to buy and flip shortly after your purchase I agree with your example. If that’s the case then buy it from a private seller or another Grey seller, likely lesser posted prices out there.

In defence of DSW he seemingly asks and gets a small premium, for a host of reasons. I know what he asks but clueless on what he sells for.

Although I can’t recall anything Rolex related that he has listed that has been flat or gone down on a year over year basis for five plus years now.

Seen lots of his listings get marked up you can’t recall any mark downs.

The watch you mentioned was selling in 2019 new for $18k on the Retail Grey market.

Above that today at $23k new. So even a cushion for selling a used one bought new in 2019. Used are $20k and up in today’s market.

[joejet]

Hi No SUBctitute

Tried to reply to your message but your mailbox is full,

To the Op sorry to hijack your thread - Rolex is the same as other high end brands try buying a Ferrari or a Porsche unless you have a history those brands won’t sell to you, Hermes Birkin bags have been impossible for years (took me 8 years to get my wife’s bag),crazy world