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majidessa · 8 April 2024, 09:16 PM

The reason for the high margin at grey dealers is to compensate for low sales volume, their sales have dropped and they can not retain their business/ life style with 10 - 15% margin as they used to and so their margins are now 25 - 30%.

The question would be how long they can last will depend on their liquidity and market forces, but my guess would be that by end of the year prices will drop further as Rolex is increasing production and the hype keeps cooling off

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8 April 2024, 09:16 PM	#14
majidessa "TRF" Member Join Date: Apr 2015 Location: . Posts: 389	The reason for the high margin at grey dealers is to compensate for low sales volume, their sales have dropped and they can not retain their business/ life style with 10 - 15% margin as they used to and so their margins are now 25 - 30%. The question would be how long they can last will depend on their liquidity and market forces, but my guess would be that by end of the year prices will drop further as Rolex is increasing production and the hype keeps cooling off

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