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Watchdog · 17 March 2009, 12:32 PM

Will GMT Master IIC demand continue to drop? Seemed so hot at one time; now prices are so much lower. Opinions?

postiff · 17 March 2009, 12:47 PM

Quote:

Originally Posted by kingkongkelley

Will GMT Master IIC demand continue to drop? Seemed so hot at one time; now prices are so much lower. Opinions?

where are they lower? I just bought mine a month ago and only could get 7% off

ROLEXOFMIAMI · 17 March 2009, 01:09 PM

I got 15% off a couple of months ago

bodybump · 17 March 2009, 01:15 PM

you can squeeze them up to 20% if you have a good relationship with your ad's...

Ogie · 17 March 2009, 01:21 PM

I am waiting for a good price like 20+% off...

LDLemu4U · 17 March 2009, 01:25 PM

From experience....any new model will be hot and will command a premium! But as time goes by...demand usually wanes and so would prices! BodyBump is right...you can get as much as 20% off now..............Got mine 2 wks ago for 17% off.

tubojunk · 17 March 2009, 01:31 PM

As with most items, the supply stays the same and demand decreases over time. With this so will the price. Just check the sales section, you would be lucky to get a new GMT2c for retail of 7k. Now you can probably get a new one for around ~6k fairly easily or a good looking used one just under 5k if your lucky.

Lion · 17 March 2009, 01:33 PM

Some AD's will deal and some won't. When I asked at my AD they offered 15% off but I think when I become serious, I might be able to get 20% off!!!

greekbum · 17 March 2009, 01:40 PM

Supply and demand.Give it about 6 more months and prices in the 2nd hand market might get better.Low 4's is a great price on a used 1 if you can find 1

Singslinger · 17 March 2009, 01:45 PM

When the GMT2c was first issued (around 3 years ago, I think) the economy was good and people were willing to pay a premium for newness/exclusivity. It was then a seller's market; today, the watch is no longer a new model, the economy has collapsed and so people are no longer prepared to pay that same premium.

On top of that, ADs are cash-strapped and so are more willing to give discounts, thus making it a buyer's market. So I don't think it's because demand has dropped - it's more because of the state of the economy and the wearing off of the "newness/exclusivity'' factor.

Z-Sub · 17 March 2009, 03:57 PM

I'm sure sales are slower these days and production of SS has caught up.

miked · 17 March 2009, 05:11 PM

I dont think the used market for the C will drop much below 5k. Of course there is the desperate seller here and there but unless there is a actual depression I would say buy used now. Retail price will never drop so the used market only has one way to go from what seems to be rock bottom or close to it.

langdalematt · 17 March 2009, 05:32 PM

I can tell you the list price for this watch is going up 20% in April. Do not think you will get a cheap deal on this by waiting. Wait and see come April and see for yourselves.

Chris B · 17 March 2009, 05:47 PM

Quote:

Originally Posted by langdalematt

I can tell you the list price for this watch is going up 20% in April. Do not think you will get a cheap deal on this by waiting. .

My AD said the same thing yesterday, she's never been wrong yet!

browngo1 · 17 March 2009, 09:55 PM

Quote:

Originally Posted by langdalematt

I can tell you the list price for this watch is going up 20% in April. Do not think you will get a cheap deal on this by waiting. Wait and see come April and see for yourselves.

20%? !!! Is this for real?

gregdolley · 17 March 2009, 09:58 PM

Is this price increase only in the UK? Or in the US too?

joeyk · 17 March 2009, 10:01 PM

in uk hard to get discount anyway :( so jeoulous us or canada always got discount :-(

rolexgiants · 17 March 2009, 10:03 PM

you can easily get 20 percent off from an AD on a SS gmt2c... and when the NEW ss sub comes out..... it will seriously hurt the sales numbers for the ss gmt2c...

langdalematt · 17 March 2009, 10:28 PM

How many people will buy a new sub date at over 5500 GBP or 9000 usd. Not as many as you would think. I reckon old subs could well become more sought after.

sql · 17 March 2009, 11:14 PM

It is one great watch but it's been around for a while so used prices go down. I have seen one for $4750 recently but quite beat up.

SeaDweller1220 · 17 March 2009, 11:22 PM

About 1 month ago I had one AD down (or up) to 20% off MSRP but I wanted 25% off. I tried to play hardball but they eventually said NO. So I did not buy it!
Hoping they would call back a few weeks later but they have not yet??
Maybe they sold it?

If it goes up 20% in April, I think I will never buy one!!

biggums · 17 March 2009, 11:30 PM

I hope so then I'll buy my second one!

Randy · 17 March 2009, 11:39 PM

Price increases keep most of us buying and buying!

boa2 · 17 March 2009, 11:41 PM

Is there anything in high demand right now?

STEELINOX · 17 March 2009, 11:51 PM

dte

chenx15 · 18 March 2009, 12:38 AM

I just have to say this gmt is definitely a keeper

2th Dr · 18 March 2009, 12:53 AM

Hmmm

I've noticed several of the grey dealers prices on a NIB GMT IIc have slowly creeped UP over the last month or so...

Bebot · 18 March 2009, 02:50 AM

I was just offered a brand new "V" with blank card not from AD but from a good rep. seller for $5500.00. I honestly been thinking about it.

greenfan · 18 March 2009, 02:53 AM

Quote:

Originally Posted by bodybump

you can squeeze them up to 20% if you have a good relationship with your ad's...

Does anyone have a good relationship with his/her AD, that wants to share it with me?

stusrt · 18 March 2009, 03:31 AM

Quote:

Originally Posted by langdalematt

I can tell you the list price for this watch is going up 20% in April.

now - $7,000
+ 20% $1,400
+ tax $600 (about)

$9,000 for a stainless steel watch !!!
what a deal !!!

the AD's are really going to be hurting when people can get daytonas and deepseas at that price all over the internet.

using the same math - a plain sub now at $6,000 would be roughly $7,900 out the door at the AD -

17 March 2009, 12:32 PM	#1
Watchdog "TRF" Member Join Date: Feb 2009 Real Name: Junkyard Dog Location: The Doghouse Watch: I can't tell time Posts: 6,822	GMT II Ceramic Demand Will Drop . . . Will GMT Master IIC demand continue to drop? Seemed so hot at one time; now prices are so much lower. Opinions?

17 March 2009, 01:15 PM	#4
bodybump ⭐⭐⭐⭐⭐⭐ 2024 SubLV41 Sponsor & Boutique Seller Join Date: Sep 2008 Real Name: Oscar Location: Florida Watch: Me!!! Posts: 23,233	you can squeeze them up to 20% if you have a good relationship with your ad's... __________________

17 March 2009, 01:31 PM	#7
tubojunk "TRF" Member Join Date: Apr 2008 Location: Texas Posts: 507	As with most items, the supply stays the same and demand decreases over time. With this so will the price. Just check the sales section, you would be lucky to get a new GMT2c for retail of 7k. Now you can probably get a new one for around ~6k fairly easily or a good looking used one just under 5k if your lucky. __________________ Audemars 15707ce Lange 191.032 Patek 5990/1a Rolex 126610LN

17 March 2009, 01:33 PM	#8
Lion "TRF" Member Join Date: Jan 2009 Real Name: Leo Location: Midwest Watch: GMT-II 16710 PEPSI Posts: 21,461	Some AD's will deal and some won't. When I asked at my AD they offered 15% off but I think when I become serious, I might be able to get 20% off!!! __________________ SS GMT-II 16710 PEPSI(Z-serial#) THE ONLY DIFFERENCE BETWEEN MEN AND BOYS IS THE PRICE OF THE TOYS!!! MontBlanc Meisterstuck Doue Silver Barley MontBlanc Meisterstuck Solitaire Doue Signum Proud Card Carrying Member of the Curmudgeons.....Yikes!!!

17 March 2009, 01:40 PM	#9
greekbum "TRF" Member Join Date: Apr 2007 Real Name: Nikos Location: Florida Watch: Rolex GMT 16750 Posts: 8,418	Supply and demand.Give it about 6 more months and prices in the 2nd hand market might get better.Low 4's is a great price on a used 1 if you can find 1 __________________ Follow Me On Instagram @nickgogas Original Owner ROLEX 16750 GMT Daily Wearer For Over 13,000 Days And Counting

17 March 2009, 01:09 PM	#3
ROLEXOFMIAMI Member Join Date: Dec 2008 Real Name: Meir Location: Miami, Fl Watch: ROLEX Posts: 55	I got 15% off a couple of months ago

17 March 2009, 01:21 PM	#5
Ogie "TRF" Member Join Date: Feb 2009 Location: Chicago Watch: Rolex SS Sub 16610 Posts: 110	I am waiting for a good price like 20+% off...

17 March 2009, 01:25 PM	#6
LDLemu4U Member Join Date: Dec 2007 Location: Canada Watch: GMT Master IIc Posts: 472	From experience....any new model will be hot and will command a premium! But as time goes by...demand usually wanes and so would prices! BodyBump is right...you can get as much as 20% off now..............Got mine 2 wks ago for 17% off.

17 March 2009, 01:45 PM	#10
Singslinger "TRF" Member Join Date: Sep 2008 Location: singapore Posts: 6,424	When the GMT2c was first issued (around 3 years ago, I think) the economy was good and people were willing to pay a premium for newness/exclusivity. It was then a seller's market; today, the watch is no longer a new model, the economy has collapsed and so people are no longer prepared to pay that same premium. On top of that, ADs are cash-strapped and so are more willing to give discounts, thus making it a buyer's market. So I don't think it's because demand has dropped - it's more because of the state of the economy and the wearing off of the "newness/exclusivity'' factor.

17 March 2009, 03:57 PM	#11
Z-Sub 2024 Pledge Member Join Date: Jun 2008 Location: So Cal, USA Watch: Not a ONEWatch Man Posts: 7,383	I'm sure sales are slower these days and production of SS has caught up. __________________ SS Submariner Date "Z" SS SeaDweller "D" SS Submariner "Random" TT Blue Submariner "P" SS GMT-Master ll "M", Pepsi Pam 311, 524, 297

17 March 2009, 05:11 PM	#12
miked "TRF" Member Join Date: Jul 2007 Location: Connecticut Watch: speedy, po,rlx gmt Posts: 236	I dont think the used market for the C will drop much below 5k. Of course there is the desperate seller here and there but unless there is a actual depression I would say buy used now. Retail price will never drop so the used market only has one way to go from what seems to be rock bottom or close to it.

17 March 2009, 05:32 PM	#13
langdalematt Member Join Date: Dec 2008 Real Name: Mark Location: London Watch: Rolex Deepsea Posts: 81	Do not be so sure!! I can tell you the list price for this watch is going up 20% in April. Do not think you will get a cheap deal on this by waiting. Wait and see come April and see for yourselves.

17 March 2009, 09:58 PM	#16
gregdolley Banned Join Date: Oct 2008 Real Name: Greg Dolley Location: Los Angeles Watch: Rose Gold Daytona Posts: 1,283	Is this price increase only in the UK? Or in the US too?

17 March 2009, 10:01 PM	#17
joeyk "TRF" Member Join Date: Sep 2008 Location: uk/earth Watch: GMT IIc Posts: 698	in uk hard to get discount anyway :( so jeoulous us or canada always got discount :-(

17 March 2009, 10:03 PM	#18
rolexgiants "TRF" Member Join Date: Aug 2008 Location: new york, usa Posts: 2,903	you can easily get 20 percent off from an AD on a SS gmt2c... and when the NEW ss sub comes out..... it will seriously hurt the sales numbers for the ss gmt2c...

17 March 2009, 10:28 PM	#19
langdalematt Member Join Date: Dec 2008 Real Name: Mark Location: London Watch: Rolex Deepsea Posts: 81	Say New Sub Will Hurt GMT Sales How many people will buy a new sub date at over 5500 GBP or 9000 usd. Not as many as you would think. I reckon old subs could well become more sought after.

17 March 2009, 11:14 PM	#20
sql "TRF" Member Join Date: May 2008 Location: Poland Posts: 26	It is one great watch but it's been around for a while so used prices go down. I have seen one for $4750 recently but quite beat up.

17 March 2009, 11:22 PM	#21
SeaDweller1220 "TRF" Member Join Date: Jan 2008 Real Name: Morten Location: Delaware Watch: SD, Daytona, GMT-C Posts: 273	About 1 month ago I had one AD down (or up) to 20% off MSRP but I wanted 25% off. I tried to play hardball but they eventually said NO. So I did not buy it! Hoping they would call back a few weeks later but they have not yet?? Maybe they sold it? If it goes up 20% in April, I think I will never buy one!!

17 March 2009, 11:30 PM	#22
biggums "TRF" Member Join Date: Mar 2009 Location: Helena, Montana Watch: Rolex 2c Sub Blue Posts: 268	I hope so then I'll buy my second one!

17 March 2009, 11:39 PM	#23
Randy "TRF" Member Join Date: Apr 2007 Real Name: Randy Location: Ohio Watch: AP, Rolex, Panerai Posts: 1,241	Price increases keep most of us buying and buying!

17 March 2009, 11:41 PM	#24
boa2 2024 Pledge Member Join Date: Oct 2007 Real Name: Howard Location: Utah Watch: Lover Posts: 3,941	Is there anything in high demand right now? __________________ "Facts and truth really don't have much to do with each other."

17 March 2009, 11:51 PM	#25
STEELINOX 2024 SubLV41 Pledge Member Join Date: Oct 2008 Real Name: Sink-O! Location: a praire in AZ Watch: ROLEX-less atm... Posts: 14,021	dlete dte

18 March 2009, 12:38 AM	#26
chenx15 "TRF" Member Join Date: Oct 2008 Location: somewhere Posts: 2,891	I just have to say this gmt is definitely a keeper __________________ 16 GS Titles 16 AMS titles (1 short of Agassi) 23 Consecutive GS semifinals 17/18 of the last GS finals, 237 consecutive weeks #1 5 consecutive wimbledon + 1 = 6 cups 5 consecutive US open 4 Australian open 1 Sweet french open a crown for every achievement The Greatest Of All Time loves Rolex

18 March 2009, 12:53 AM	#27
2th Dr Banned Join Date: Jan 2009 Real Name: Mark-O! Location: Arlington, TX Watch: Rolex Posts: 12,714	Hmmm I've noticed several of the grey dealers prices on a NIB GMT IIc have slowly creeped UP over the last month or so...

18 March 2009, 02:50 AM	#28
Bebot "TRF" Member Join Date: Feb 2009 Real Name: Emil Location: Bay Area, CA Watch: U macallit Posts: 2,645	I was just offered a brand new "V" with blank card not from AD but from a good rep. seller for $5500.00. I honestly been thinking about it.

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