submariner prices coming down in grey market

[bezler]

It is normal for manufactured objects to be worth less than msrp, with used objects being worth even less. Of course things will normalize.

Originally Posted by sond86

Crap! As I just bought a sub and blnr


I just hope they don’t fall below msrp + 9% tax I paid
Maybe they will drop below?

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[ratty]

Originally Posted by locutus49

You are British. How do I know? Because you said tonne and not ton.

??????

Ton is an imperial measurement (2240 lbs) and is often used in the UK.

Tonne is a metric measurement (1000kgs or 2200 lbs) and the only time I have heard it used in the UK is in relation the vehicle weights which are usually stamped in metric units.

Or am I just showing my age?

[garyk]

Two thing I learned from my elders, what goes up, must come down and buy low, sell high

[Jabbo84]

....I’m worried about inflation

[MSchu]

Originally Posted by garyk

Two thing I learned from my elders, what goes up, must come down and buy low, sell high

Margins... dollar cost average!

Originally Posted by Jabbo84

....I’m worried about inflation

only in the short term. long term, effects can be mitigated... unless you buy short

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114060


126600

[macrowatch]

That is one nice chart MSchu! Where did you get it or create it from?

Data points are all TRF listings or coming in from where?

[Mystro]

Originally Posted by Jabbo84

....I’m worried about inflation

I am worried about a new smell from under my barn.

[Oneallen]

See how many fellow members here who are willing to buy at or above msrp. Not gonna go down.

[HK852GMT]

Though China and HK combined are still well above. It may take all of 2020 for it to show caught up on a YOY basis or perhaps it goes back the other way and HK recovers.

HK's figures are massively bloated in recent years by mainland money coming over and buying stuff. The current issues in HK have seen tourism from the PRC drop through the floor, as well as a tightening of belts in preparation for whatever comes next.

The watch neighbourhood in Dundas Street is quite quiet at the moment and prices stopped rising on most models about four months ago. The length and depth of any correction here will depend entirely on HK/PRC govt actions in the coming weeks/months.