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26 April 2011, 07:13 PM
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#1 |
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"TRF" Member
Join Date: Mar 2008
Location: London
Posts: 13
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The wait is over for the Daytona SS but how much ??
I just got a call from my local AD whom I have been on the SS Daytona waiting list for 3 years. Finally the wait is over but the bad news is the price has jumped to a whopping £7000 !!
Question is do I buy ? Is there an market to still sell for a quick profit ? It's a black face one and ideally I prefer white but both are gorgeous. The other twist is that I have a relative going back home abroad who is back in the countryin avew weeks so there is a possibilty of claiming back VAT. Has anyone claimed back VAT from UK costoms ? |
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26 April 2011, 07:23 PM
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#2 |
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"TRF" Member
Join Date: Oct 2008
Location: aroundtheworld
Watch: SS Daytona - BLACK
Posts: 2,261
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no sober person will but it from you for that much money in the 2nd hand market.
Buy because you like it. Depending on what part of the world u are in the wait is over, especially in the N.America....Europe, the Middle East, Asia....not so much.
__________________
116520 Black - 116500 White - 116713LN - 116613LB - Panerai 389 - Chopard Mille Miglia GMT Chronograph - Chopard LUC Sport 2000 - Moser Pioneer Centre Seconds |
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26 April 2011, 07:53 PM
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#3 |
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"TRF" Member
Join Date: May 2010
Real Name: Dan
Location: USA
Watch: This N That
Posts: 34,253
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I would buy it if I wanted it, not so sure the market exists to make a quick profit or not.
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When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
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26 April 2011, 07:55 PM
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#4 |
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"TRF" Member
Join Date: Mar 2011
Real Name: Me
Location: Australia
Watch: Daytona 116500LN
Posts: 677
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A lot of $$ for a watch but i guess it's all relative to your personal circumstances. What was the original quoted price from your AD?
Btw, I could have picked up a 4 yr D Serial never worn for only A$10,000. I think the secondary market for these SS Daytona have come down somewhat. |
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26 April 2011, 08:04 PM
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#5 |
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"TRF" Member
Join Date: Feb 2009
Real Name: Nick
Location: Sussex, UK
Watch: 116520, Pam 312
Posts: 286
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A famous dealer in the north east would offer you £300 under list price for it!
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26 April 2011, 08:10 PM
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#6 |
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"TRF" Member
Join Date: Jul 2008
Real Name: Chris
Location: England
Posts: 8,150
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Don't buy if you're only going to flip it. Waste of time, the second hand market is pretty much static for Daytonas right now. Buy it if you actually want the watch, and not its hype
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26 April 2011, 08:13 PM
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#7 | |
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"TRF" Member
Join Date: Mar 2011
Real Name: Pierre
Location: Spain/Canada
Watch: and learn...
Posts: 533
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Quote:
- NO. - Yes, I have. It's a tremendous PIA and you can save money a lot easier on a Rolex than waiting to go through the bureaucracy of getting money back for the VAT. |
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27 April 2011, 12:03 AM
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#8 |
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Member
Join Date: Oct 2008
Real Name: Chuck Norris
Location: So. California
Watch: SS Daytona w/ dial
Posts: 346
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You were on an actual wait list for a ss daytona? I thought it was a tall tale.
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27 April 2011, 12:09 AM
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#9 | |
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"TRF" Member
Join Date: Jul 2008
Real Name: Chris
Location: England
Posts: 8,150
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Quote:
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27 April 2011, 12:20 AM
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#10 |
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Banned
Join Date: Jan 2009
Real Name: Mark-O!
Location: Arlington, TX
Watch: Rolex
Posts: 12,714
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I've seen many for sale here by some of the good guys in TRF as of late. If you really want one, get it from one of these guys!
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27 April 2011, 12:34 AM
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#11 | |
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"TRF" Member
Join Date: Sep 2009
Real Name: Dalip
Location: Mumbai and Perth
Watch: Rolex PAM Omega
Posts: 18,656
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Quote:
Sent from my iPad using Tapatalk
__________________
 ------------------------------------------------------------ "The liar's punishment is not in the least that he is not believed, but that he cannot believe anyone else." George Bernard Shaw |
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27 April 2011, 12:42 AM
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#12 |
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"TRF" Member
Join Date: Jan 2009
Real Name: Chad
Location: Des Moines, Iowa
Watch: Rolex, PAM, Omega
Posts: 1,607
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Those days of flipping them for a profit is long gone! Once they hit $10K list they lost the quick profit margin of selling them for $10K when you bought them at list for under $10K.
__________________
Rolex P-Series SS GMT II Black, Rolex Y-Series Sea-Dweller, Rolex F-Series TT Blue Sub, Rolex F-Series Sub LV, Rolex D-Series Ladies SS/WG DJ for wife, Panerai K-Series PAM 112, Omega Speedmaster Pro 3570.50, Omega Seamaster 300M Chrono 2594.52 
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27 April 2011, 01:16 AM
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#13 |
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TRF Moderator & 2024 SubLV41 Patron
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,514
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I say pass on it.............
Let the next guy on the lists have it as he may actually want the watch to wear and enjoy, which should be the point...
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(Chill ... It's just a watch Forum.....) NAWCC Member |
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27 April 2011, 01:17 AM
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#14 | |
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"TRF" Member
Join Date: Jun 2009
Real Name: Adam
Location: Orlando, Florida
Watch: Me
Posts: 9,935
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Quote:
SOLID... I would say the same. If this is a watch you want to wear and enjoy grab it. If you prefer the white dial then I would hold off for that or wait for the ceramic Daytona, Hell you have already waited 3 years what is a bit more 
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The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki |
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27 April 2011, 01:35 AM
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#15 |
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"TRF" Member
Join Date: Nov 2007
Location: Perth/Singapore
Posts: 1,764
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Unless you are buying the watch at cost from the AD, flipping it in the preowned market will not necessary net you a profit.
Just buy what you like.
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Want to Buy:SS GMT black;116509 WG Daytona Metrorite |
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27 April 2011, 04:14 AM
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#16 | |
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2024 Pledge Member
Join Date: Jan 2007
Real Name: Dave
Location: CA
Watch: es
Posts: 4,395
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It is clear you wanted this watch due to its difficulty to acquire and not to own, wear and enjoy. If your intent all along was to flip for a profit, I would walk and not purchase it. You won't make any $. Allow someone on the list to buy it who is going to enjoy it as their own.
Now, if you like the watch to own and wear, you should jump on it and enjoy it. Let us know what decision you make. Quote:
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Instagram @dcash0615 2FA security active |
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27 April 2011, 06:56 PM
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#17 | |
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2024 ROLEX DATEJUST41 Pledge Member
Join Date: Feb 2007
Location: Japan
Watch: ing your back.
Posts: 16,179
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Quote:
 I bought my white dial when the list was $7900. I could have flipped it back then for close to $10,000 I guess. No way I was going to. It is an awesome watch. |
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28 April 2011, 12:30 AM
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#18 |
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"TRF" Member
Join Date: Mar 2010
Real Name: Kevin
Location: Kuala Lumpur
Watch: SD4K
Posts: 880
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&K, certainly not for the faint hearted. Think it's definitely on the high side if you plan to flip and make decent profit vs effort/risk considerations...
__________________
Lange 1815 Chrono, AP ROO 26470ST, RO 26230ST, Rolex 216570 (w), 116600, 116520 (w), IWC XV, PAM 366, 420, Omega 311.30.42.30.01.005, Seiko SKX007J, Apple Watch, a bunch of G-Shocks ------------------------------------------------------------- |
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28 April 2011, 01:35 AM
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#19 |
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"TRF" Member
Join Date: Mar 2008
Location: London
Posts: 13
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I love the Daytona which is the reason
why I put myself on a waiting list, the last thing I want to do is to sell it but given my economic circumstances knowing there is an option is a comfort to me going ahead with what is to me a big extravagence.
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28 April 2011, 05:42 AM
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#20 |
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"TRF" Member
Join Date: Mar 2011
Location: UK
Posts: 7
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Surely you must have known about the price increases since your intial order and therefore known what you would have to pay? If you liked the Daytona enough to order one then you must want to own one otherwise why bother?
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28 April 2011, 05:44 AM
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#21 | |
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"TRF" Member
Join Date: Jan 2011
Real Name: Kris
Location: ENGLAND
Watch: Searching
Posts: 1,038
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Quote:
__________________
__________________ ROLEX Explorer 214270 "Nil Satis Nisi Optimum..."
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