The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > General Topics > Open Discussion Forum

Reply
 
Thread Tools Display Modes
Old 27 October 2022, 02:15 AM   #1
superdog
2024 Pledge Member
 
superdog's Avatar
 
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,834
Interesting article

Not really news to most of us here though…

https://www.yahoo.com/lifestyle/role...150000968.html
__________________
If happiness is a state of mind, why look anywhere else for it?

IG: gsmotorclub
IG: thesawcollection

(Both mostly just car stuff)
superdog is offline   Reply With Quote
Old 27 October 2022, 02:56 AM   #2
Mifune
Banned
 
Join Date: Apr 2020
Location: here AND there...
Posts: 2,240
here... let me help you with PROPER FORMATTING of a 'quote' type post.
learn it, practice it, live it!

-------------------------------------------------------------------------

You Can Get a Rolex for ‘Cheap’ Right Now

Most of us can’t afford a Rolex (or other high-end luxury watches, for that matter). But if there ever were a time that those closest to that financial milestone would be able to afford one, it’s now. According to a report from Morgan Stanley, pre-owned luxury watches have fallen in price because the market has been flooded with supply—and they are predicted to fall further by the end of the year, as well. So if ever you wanted to splurge on one, now might be the time.
Mifune is offline   Reply With Quote
Old 27 October 2022, 03:02 AM   #3
superdog
2024 Pledge Member
 
superdog's Avatar
 
Join Date: Oct 2011
Real Name: Seth
Location: nj
Watch: Omega
Posts: 24,834
Quote:
Originally Posted by Mifune View Post
here... let me help you with PROPER FORMATTING of a 'quote' type post.
learn it, practice it, live it!

-------------------------------------------------------------------------

You Can Get a Rolex for ‘Cheap’ Right Now

Most of us can’t afford a Rolex (or other high-end luxury watches, for that matter). But if there ever were a time that those closest to that financial milestone would be able to afford one, it’s now. According to a report from Morgan Stanley, pre-owned luxury watches have fallen in price because the market has been flooded with supply—and they are predicted to fall further by the end of the year, as well. So if ever you wanted to splurge on one, now might be the time.
Thanks. But do prefer to post the article link.
__________________
If happiness is a state of mind, why look anywhere else for it?

IG: gsmotorclub
IG: thesawcollection

(Both mostly just car stuff)
superdog is offline   Reply With Quote
Old 27 October 2022, 04:24 AM   #4
OYptL
"TRF" Member
 
Join Date: Nov 2021
Location: Bloomingdale
Watch: Invicta
Posts: 755
If I were able I wouldn’t use anyone other than David( pure trust) or AD. I know that’s not what the link is about I’m just saying. Good for you Gals/Guys who actually might see the secondary prices drop. Hang in there!
OYptL is offline   Reply With Quote
Old 27 October 2022, 09:07 AM   #5
BillA
2024 Pledge Member
 
Join Date: Mar 2007
Location: US
Posts: 3,882
I do not know who writes these articles, either it is wishful thinking or the large trusted resellers have not gotten the memo, their prices are in la la land.
BillA is online now   Reply With Quote
Old 27 October 2022, 09:29 AM   #6
GradyPhilpott
2024 SubLV41 Pledge Member
 
GradyPhilpott's Avatar
 
Join Date: Sep 2008
Location: New Mexico
Watch: Seiko #SRK047
Posts: 34,460
I visited my used watch guy a couple of weeks ago and the saleslady, whom I've known for over a decade, said that price drops is what they are expecting.

Prices are still bloated in his store and the selection is not so great, but I'd be very pleased to see inventory increase and prices get down to something more reasonable.

I'm usually drawn toward the less-desired stock anyway, so it could be that there is a sea change a-coming.
__________________
JJ

Inaugural TRF $50 Watch Challenge Winner
GradyPhilpott is offline   Reply With Quote
Old 27 October 2022, 09:33 AM   #7
ltmgeller
2024 SubLV41 Pledge Member
 
ltmgeller's Avatar
 
Join Date: Aug 2012
Real Name: Mike
Location: New York
Watch: Rolex
Posts: 22,591
They've come down but they are still way above what they were.
__________________
Oh, look at the time...
Official Member: 'WIS-CON' Las Vegas International GTG 2019
ltmgeller is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.