ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
29 August 2010, 05:32 AM | #1 |
Member
Join Date: May 2009
Location: antwerp
Posts: 66
|
Resale value: SS vs. TT
So resale value ss vs. tt
Is the value strictly cuz of demand / desirability? My understanding is u can sell a used ss for the same price as a tt! What's the situation? |
29 August 2010, 05:36 AM | #2 |
Banned
Join Date: Aug 2010
Location: Huntington Beach
Watch: Newman Daytona
Posts: 344
|
Hello,
This is often the case because the SS watches are more desirable. If you sell it to someone who will resell it then they may buy the TT and SS for the same price because the SS will, in most cases, be easier to sell. I personally like the TT, but a lot of people seem to think it is out of style which drives the price down in the used marketplace. -Greg |
29 August 2010, 05:49 AM | #3 |
"TRF" Member
Join Date: Aug 2010
Location: Benelux
Watch: smurf
Posts: 113
|
TT used to have , about 10-15 years ago, a great resell value in Europe. Still good in some places of the mediterranean area, just the culture of enjoying gold. I don't like the TT personally, found the bracelets wear down realtively quickly and a lot of the older generation wears TT
|
29 August 2010, 08:47 AM | #4 |
TRF Moderator & 2024 SubLV41 Patron
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,514
|
Supply and demand always drives the price of used goods.. What it's made of (SS vs TT, or even solid gold) is seldom a criteria, unless the objective is it's scrap value.........
__________________
(Chill ... It's just a watch Forum.....) NAWCC Member |
29 August 2010, 08:52 AM | #5 |
"TRF" Member
Join Date: Aug 2008
Real Name: Chris
Location: Boston
Watch: 116610,116233,OsQz
Posts: 1,109
|
Great question, I was thinking about this last night.
|
29 August 2010, 09:14 AM | #6 |
2024 SubLV41 Pledge Member
Join Date: Nov 2009
Real Name: Richard
Location: Macungie, PA
Watch: 5513 Sub, LV Sub
Posts: 14,497
|
Basic Economics 101 ............. supply and demand.
__________________
"Few things in life give man as great a pleasure as wearing a Rolex!" TRF's "AFTER DARK" Bar & NightClub Patron |
29 August 2010, 11:01 AM | #7 |
"TRF" Member
Join Date: Aug 2009
Location: USA
Posts: 19,706
|
TT may come back someday..
|
29 August 2010, 12:21 PM | #8 |
"TRF" Member
Join Date: Jul 2010
Location: Malaysia
Watch: ROLEX, OMEGA
Posts: 279
|
One would have thought that with the rising price of gold, TT (due to its gold content) would appreciate as well?
Guess it's not that straightforward. |
29 August 2010, 12:30 PM | #9 |
"TRF" Member
Join Date: Aug 2009
Real Name: Q
Location: The Q Continuum
Watch: ST:TNG
Posts: 8,466
|
If the demand for TT is low, then there are not many people buying them, so then there are not many newer used ones in circulation; thus, the used market scales with the lower demand and there is a decent market for the used TTs. I bet in this way the supply and demand balance out at all levels. So, you should simply buy based on what you like and not what other people like. I would worry less about what people will buy used and worry more about what you personally desire...
__________________
Instagram: _queuecumber_ |
29 August 2010, 01:03 PM | #10 |
"TRF" Member
Join Date: Jul 2007
Location: Arizona
Watch: SS & TT Daytonas
Posts: 471
|
And of course the YG models take the largest plunges from MSRP. Right now you can find reasonably priced YG DD's.
__________________
Day-Date President, Champagne Dial SS Daytona Black Dial TT Daytona Slate Dial Omega Railmaster Tudor Submariner |
29 August 2010, 01:13 PM | #11 |
"TRF" Member
Join Date: Oct 2009
Real Name: Myron
Location: New York
Watch: GMT IIC; Sub Date
Posts: 3,166
|
Tastes change, styles change. I wouldn't be surprised to see TT back in fashion in several years. I find them too blingy.
|
29 August 2010, 02:00 PM | #12 |
"TRF" Member
Join Date: Nov 2007
Location: Manila
Posts: 1,177
|
Agree with all of the above, "The Law of Supply and Demand" controls it, thus, the SS for now has better resale value.
__________________
18083 & 16750 16234 & 16233 16610 & 16800 3717-01 & 104 & 312 Nav B-Uhr |
29 August 2010, 03:36 PM | #13 |
Banned
Join Date: Apr 2008
Real Name: Pav
Location: Manhattan
Posts: 11,495
|
More buyers want SS (including myself) = higher retained value.
|
29 August 2010, 03:59 PM | #14 |
Member
Join Date: Nov 2008
Location: Vancouver
Posts: 23
|
Personally, I'm glad. I always wanted a TT GMTii cus I like how it's just a bit of bling, without being all gold (which I think looks gaudy; but thats me), and yet still be practical in most situations. I'm coming from a Titanium Omega Seamaster (like the Bond watch but with chronograph dials additional to it), which has no bling factor at all. I don't mind a bit of attention. It's sort of the difference between wearing a suit and sweats. One just makes you look and feel better when out in the public.
Wasn't prepared to spend the money on one brand new, but the used market brought prices down enough for me to acquire one. It's gorgeous and I am so glad I got it. |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.