Rolex market updates

[Guppydriver]

Originally Posted by jb335

Also, what is retail on that piece?

I recently bought the new TT GMT GRNR from my AD and after CA sales is was just over $18k.

So 19k from grey does not seem like much markup at all.


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Yep

RRP is $16,150 which is $17,443 after an average"ish" 8% tax.

Not much of a premium at all with no wait.

[sj24k]

It’s all speculation. If you really want the watch, buy the watch and enjoy the watch.

Historically TT doesn’t hold value as well, but there are always exceptions. I’d recommend spending a tad more and grabbing a BLRO which (IMHO) is more iconic, versatile, and likely to hold its value better.

But only you know what works for you. Good luck.


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[minute_man]

If you absolutely must have it right now, $19600 is a very good 2ndary price. I would only purchase a full set though. Also you are likely to "lose" some (up to 3K) in a resale so if you're buying to wear, that's okay. If buying as an "investment" on the other hand... well, you get my drift

[zackontherun]

Bad news, someone camped outside the shop to buy it the moment it opened :( I guess better luck next time

[minute_man]

Originally Posted by zackontherun

Bad news, someone camped outside the shop to buy it the moment it opened :( I guess better luck next time

There are more out there at similar price point.

[Moondoggy]

!8.5k is where they are at, they were at 30k.......

[travisb]

That's really not much over retail once you average in sales tax. Don't waste time waiting and wondering what might or might not happen.

[Sprta]

My advice, never listen to market predictions. When you think the price is competitive pull the trigger.

[1William]

If you want the watch and are going to keep it for a few years then buy it. If it is a flip in a short time, don't. Nothing gets cheaper over extended periods of time, especially Rolex.

[Mathematoxic]

It’s a falling knife. Seeing afew below $19k for 2021

[amh]

Don't ask us. Here is some objective data
https://watchcharts.com/watch_model/...1chnr/overview

[brandrea]

Originally Posted by travisb

That's really not much over retail once you average in sales tax. Don't waste time waiting and wondering what might or might not happen.

Exactly

[65cobra]

I agree with what was said earlier, taking a look at the greater economic picture, next summer looks like a great time to buy assets as a whole not just watches.

[Wahlberg]

Originally Posted by rolex_pl85

T Especially for pieces $50k+ - very very very hard to move these to end users.

Where did all those wealthy people go who were buying everything gold, flaunting them, ...?! Not just the crypto bro's, but several others left the building as well. So weird.

[aegon]

Originally Posted by Wahlberg

Where did all those wealthy people go who were buying everything gold, flaunting them, ...?! Not just the crypto bro's, but several others left the building as well. So weird.

Got bored moved on the next wave, or maybe they weren’t wealthy in the first place.