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30 December 2019, 11:34 PM
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#1 |
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"TRF" Member
Join Date: Sep 2019
Location: UK
Posts: 174
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AD’s are upping preowned prices allready!
I have been watching preowned prices for a while now and have noticed that this morning the prices are up !
This is visible in a few AD pages ! Bit soon if you ask me for them to be bumping profits on preowned but hey ho!! |
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30 December 2019, 11:39 PM
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#2 |
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"TRF" Member
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
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__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock |
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31 December 2019, 12:19 AM
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#3 |
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2024 Pledge Member
Join Date: Sep 2012
Location: USA
Watch: Lots
Posts: 4,595
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Sounds like terrible advice. Is this how you buy stock? When prices go up, time to buy? Ha!
__________________
DSSD is the king of all Rolex |
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31 December 2019, 12:35 AM
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#4 |
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"TRF" Member
Join Date: Jun 2016
Location: USA
Watch: All Rolex
Posts: 7,024
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Actually, I’m very surprised pre-owned prices wouldn’t be revised as soon as the news became public.
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31 December 2019, 01:39 AM
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#5 | |
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"TRF" Member
Join Date: Sep 2019
Location: UK
Posts: 174
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Quote:
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31 December 2019, 03:14 AM
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#6 |
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Banned
Join Date: Dec 2014
Location: NZ
Posts: 2,600
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There’s a glut of used inventory. Not sure how raising prices is going to help shift it
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31 December 2019, 05:11 AM
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#7 | |
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2024 Pledge Member
Join Date: May 2013
Location: Vain
Posts: 6,022
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Quote:
When people see prices dropping, they figure...ewww that's not as cool anymore...why are they dropping....That's not for me. I'll pass. When prices start to rise.....I CANNOT MISS OUT. These watches are red hot and rising in price and I don't want to pay more later. Get one NOW! The conventional logic of buy low, sell high doesn't apply. |
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31 December 2019, 05:18 AM
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#8 |
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Banned
Join Date: Mar 2018
Location: New Zealand
Watch: 114060
Posts: 2,630
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Buy low, sell high. If the price is high you should be selling, not buying.
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31 December 2019, 05:35 AM
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#9 |
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"TRF" Member
Join Date: Mar 2012
Location: Brisbane
Watch: DSSD
Posts: 8,064
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Nobody has a Crystal ball.
And there's nothing wrong with a seller opening their mouth a bit wider to see if someone will fill it. Good luck to them I say and the market will find it's own level regardless. |
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