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brigadeer · 23 February 2018, 02:40 AM

I've been lurking around this forum for years lusting over the various watches in Rolex's line. After many years, I've finally settled in on the one watch I want, the 39mm Explorer I.

Specifically, I want the current version that was updated in 2016. Looking at Rolex's site, the current MSRP is $6,550. I know there is room to negotiate with AD's. I understand your mileage may vary here depending on the AD and the model in question (for example, no one is giving any discounts on Subs). That said, I've seen many example of discounts in the 10-12% range. I don't think the Explorer I is a hot watch, so I don't think it would be outside the realm of possibility to get a 10% discount from an AD, which would put the cost at $5,895.

I've got two questions specific to trying to purchase this watch used:

1) I know there are many trusted sellers here on this forum. That said, I don't typically see many used Explorer I's posted, especially those that are the newest version. Can you proactively engage these sellers noting what you want? Just not sure how this would work. Also, is there another approach I should consider for buying used besides trusted sellers on this forum?

2) How much should I reasonably expect to pay for a used (2016 model) Explorer I? As I illustrated above, I arrived a starting point of $5,895 for the watch brand new from an AD (let me know if I'm way off here). I know Rolex watches are famous for holding their value, so this is where I need help. How much additional money do you think I could save buying used on a watch that's only been out for 2 years or so? Would the additional discounting for used be substantial enough to warrant even buying used? For example, if I would only save an additional $500 buying used, I'm not sure it would make any sense to buy used.

In summary, I'm hoping to find a used Explorer I (updated model) in very good condition with box and papers still under warranty in the $4,500-$4,800 range. Is that reasonable to expect, or am I dreaming?

23 February 2018, 02:40 AM	#1
brigadeer "TRF" Member Join Date: Feb 2010 Location: Texas Posts: 15	Looking for advice on the best way to buy used I've been lurking around this forum for years lusting over the various watches in Rolex's line. After many years, I've finally settled in on the one watch I want, the 39mm Explorer I. Specifically, I want the current version that was updated in 2016. Looking at Rolex's site, the current MSRP is $6,550. I know there is room to negotiate with AD's. I understand your mileage may vary here depending on the AD and the model in question (for example, no one is giving any discounts on Subs). That said, I've seen many example of discounts in the 10-12% range. I don't think the Explorer I is a hot watch, so I don't think it would be outside the realm of possibility to get a 10% discount from an AD, which would put the cost at $5,895. I've got two questions specific to trying to purchase this watch used: 1) I know there are many trusted sellers here on this forum. That said, I don't typically see many used Explorer I's posted, especially those that are the newest version. Can you proactively engage these sellers noting what you want? Just not sure how this would work. Also, is there another approach I should consider for buying used besides trusted sellers on this forum? 2) How much should I reasonably expect to pay for a used (2016 model) Explorer I? As I illustrated above, I arrived a starting point of $5,895 for the watch brand new from an AD (let me know if I'm way off here). I know Rolex watches are famous for holding their value, so this is where I need help. How much additional money do you think I could save buying used on a watch that's only been out for 2 years or so? Would the additional discounting for used be substantial enough to warrant even buying used? For example, if I would only save an additional $500 buying used, I'm not sure it would make any sense to buy used. In summary, I'm hoping to find a used Explorer I (updated model) in very good condition with box and papers still under warranty in the $4,500-$4,800 range. Is that reasonable to expect, or am I dreaming?

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