ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

no TAG love · 15 May 2011, 06:09 AM

I hear that Submariners are free to own because they hold the value so well, and Rolex raise the price so often, that when you come to sell you get the money back you paid.

is this true even if you buy a new watch and pay MSRP?

HL65 · 15 May 2011, 06:10 AM

No.

Rigsby1 · 15 May 2011, 06:10 AM

Hope so I've got one!!!

Kiwinz · 15 May 2011, 06:12 AM

Quote:

Originally Posted by Rigsby1

Hope so I've got one!!!

x2

Mate, Good to see ya round my Friend

Speed · 15 May 2011, 06:12 AM

That does it. I am walking into Turdneau today and getting my free Sub. I'll just tell them I will pay them next year.

1675-David · 15 May 2011, 06:14 AM

Quote:

Originally Posted by no TAG love

I hear that Submariners are free to own because they hold the value so well, and Rolex raise the price so often, that when you come to sell you get the money back you paid.

I've tried that one with my wife but she didn't buy it

Luxe Time · 15 May 2011, 06:15 AM

Buy one for the right price and you'll lose very little - if any- money depending on how long you hold it for and the condition you keep it in.

petery555 · 15 May 2011, 06:20 AM

Bought mine for full MSRP $4250 in 2004. F series. Still have it. I'm pretty confident if I sell, then yes I wore my Sub for free.

lhanddds · 15 May 2011, 06:24 AM

I think if you are careful in the vintage arena, you'll do OK.

TTmax · 15 May 2011, 06:29 AM

True, not only for Sub. GMT does it well also, as well as Daytona .

Just choose SS models (in Europe).

HL65 · 15 May 2011, 06:34 AM

Quote:

Originally Posted by lhanddds

I think if you are careful in the vintage arena, you'll do OK.

That is a different story. Anyone that goes out and buys a new Sub at MSRP and thinks it will hold it's value is crazy!! Buy a LNIB one for 25% off plus and you should be ok.

757doc001 · 15 May 2011, 06:53 AM

Quote:

Originally Posted by steelerfan1965

that is a different story. Anyone that goes out and buys a new sub at msrp and thinks it will hold it's value is crazy!! Buy a lnib one for 25% off plus and you should be ok.

x2

TimeToGo · 15 May 2011, 08:55 AM

Quote:

Originally Posted by petery555

Bought mine for full MSRP $4250 in 2004. F series. Still have it. I'm pretty confident if I sell, then yes I wore my Sub for free.

Good Comparison!!

Grumpy Badger · 15 May 2011, 06:51 AM

I think it may be true that you could buy a new sub for x-thousand pounds/dollars/pesos today, wear it for a good few years and get the same x-thousand pounds/dollars/pesos back...
But with normal inflation those x-thousand pounds/dollars/pesos would have a lot less buying power so, in real terms, your watch would not have been "free".

Ultraman · 15 May 2011, 08:59 AM

Quote:

Originally Posted by Grumpy Badger

I think it may be true that you could buy a new sub for x-thousand pounds/dollars/pesos today, wear it for a good few years and get the same x-thousand pounds/dollars/pesos back...
But with normal inflation those x-thousand pounds/dollars/pesos would have a lot less buying power so, in real terms, your watch would not have been "free".

I agreed. Got to take into the time value of money and look at in nominal term.

padi56 · 16 May 2011, 09:58 PM

Quote:

Originally Posted by steelerfan1965

that is a different story. Anyone that goes out and buys a new sub at msrp and thinks it will hold it's value is crazy!! Buy a lnib one for 25% off plus and you should be ok.

Quote:

Originally Posted by grumpy badger

i think it may be true that you could buy a new sub for x-thousand pounds/dollars/pesos today, wear it for a good few years and get the same x-thousand pounds/dollars/pesos back...
But with normal inflation those x-thousand pounds/dollars/pesos would have a lot less buying power so, in real terms, your watch would not have been "free".

x2.

Casey VP-26 · 15 May 2011, 07:07 AM

I bought a 16610 about 12 years ago for $2400.00. I have worn this watch very hard and it never has been serviced , it runs about 2 seconds a day plus or minus. A service , A polish,and a new bezel insert the watch should still be worth $3500.00 or more. I don't have a lot of other assets appreciating like that after enjoying them as much as I have the Watch. However There are no Guarantees.

boysie · 15 May 2011, 07:25 AM

Hi

i paid £2500 for my 1995 Submariner
I checked with rolex Uk, and it was purchased originally in Tokyo,
Worn but a lovely watch.
Bought this Xmas for my 60th birthday this year, yes a present to myself.
I thought a good price at the time, I knocked him down from £2600
As I was buying other jewellery at the time
I went back to the shop twice before buying it, had to have it

i believe jewellers are having a bad time here

i would hope to get my money back
but i dont intend to sell it

Ray

Paulie 50 · 15 May 2011, 07:52 AM

" If you could buy money, there would be shops selling it " wise words from my late father. Enjoy your watch, appreciate it for what it is, dont see the £/$s, use it for the purpose Rolex made it, and then you will be happy, and it will become part of you.

mlotus95 · 15 May 2011, 07:57 AM

i just made 8% off mine. lol

oldman2005 · 15 May 2011, 08:41 AM

I didn't buy my watches for investment but sometimes you have to thank Rolex for increasing their prices at a dizzy pace and their strict pricing. That's why your Rolex hold their value so well.

The price for new my sub-LV is $4875 back then, I am sure if I sell it now, I will get my money back, same as my Daytona which cost $7,800 only couple years ago, but why???

wdalew5 · 15 May 2011, 08:53 AM

If that's the case, them I am one rich dude

xjeeunitx · 15 May 2011, 09:02 AM

I bought my BNIB for 6500 not too long ago. Yes, if I decide to sell it I can get all my money back plus more...

HL65 · 15 May 2011, 09:36 AM

Quote:

Originally Posted by xjeeunitx

I bought my BNIB for 6500 not too long ago. Yes, if I decide to sell it I can get all my money back plus more...

I think you are dreaming!!

Paulie 50 · 15 May 2011, 09:37 AM

Quote:

Originally Posted by SteelerFan1965

I think you are dreaming!!

Me too.

rickinAZ · 15 May 2011, 09:44 AM

a

rickinAZ · 15 May 2011, 09:47 AM

I bought my first Submariner in 1983 for $880. Sold it in 1991 for $1,000. My latest one was purchased in 2000 for $3,575 - bet that it's worth all of that.

Hodog16 · 15 May 2011, 09:55 AM

Interesting theory. Think it depends on how old the watch is and when you sell.

I got my D serial LV back in 2006 also for $4875. It's been well-loved but a quick trip to an RSC, and I'm sure I could get my money back if not even a slight profit if I were to sell.

xjeeunitx · 15 May 2011, 09:52 AM

Quote:

Originally Posted by SteelerFan1965

I think you are dreaming!!

Which part?

Ed Rooney · 16 May 2011, 02:43 AM

Quote:

Originally Posted by xjeeunitx

I bought my BNIB for 6500 not too long ago. Yes, if I decide to sell it I can get all my money back plus more...

Actually, I think your value will go down as more Sub C's hit the street, then it will increase to your purchase price in a few years.

15 May 2011, 06:09 AM	#1
no TAG love Member Join Date: May 2011 Location: London Watch: 116610LN Posts: 33	Are Submariners Free to Own? I hear that Submariners are free to own because they hold the value so well, and Rolex raise the price so often, that when you come to sell you get the money back you paid. is this true even if you buy a new watch and pay MSRP?

15 May 2011, 06:10 AM	#2
HL65 TRF Moderator & 2024 SubLV41 Patron Join Date: Dec 2007 Real Name: Ken Location: SW Florida Watch: One on my wrist. Posts: 64,008	No. __________________ *SPEM SUCCESSUS ALIT*

15 May 2011, 06:51 AM	#14
Grumpy Badger "TRF" Member Join Date: Mar 2011 Real Name: Mark Location: Bonny Scotland Watch: 14060M Sub (cosc) Posts: 5,280	I think it may be true that you could buy a new sub for x-thousand pounds/dollars/pesos today, wear it for a good few years and get the same x-thousand pounds/dollars/pesos back... But with normal inflation those x-thousand pounds/dollars/pesos would have a lot less buying power so, in real terms, your watch would not have been "free". __________________ Don't mind me. I'm full of scotch, bitterness and impure thoughts! "You have enemies? Good! That means you stood up for something, sometime in your life." Sir Winston Leonard Spencer-Churchill KG, OM, CH, TD, PC, DL, FRS.

15 May 2011, 08:53 AM	#22
wdalew5 "TRF" Member Join Date: Dec 2010 Real Name: Dale Location: ohio Watch: Rolex,omega,casio Posts: 508	If that's the case, them I am one rich dude __________________ " yes , I do wear the EVH 5150 shoes "

15 May 2011, 06:10 AM	#3
Rigsby1 Member Join Date: Apr 2010 Real Name: Darren Location: England Posts: 401	Hope so I've got one!!!

15 May 2011, 06:12 AM	#5
Speed "TRF" Member Join Date: Aug 2009 Location: USA Posts: 19,706	That does it. I am walking into Turdneau today and getting my free Sub. I'll just tell them I will pay them next year.

15 May 2011, 06:15 AM	#7
Luxe Time "TRF" Member Join Date: Dec 2008 Real Name: Raja Location: Connecticut Posts: 951	Buy one for the right price and you'll lose very little - if any- money depending on how long you hold it for and the condition you keep it in.

15 May 2011, 06:20 AM	#8
petery555 Member Join Date: Apr 2011 Real Name: Peter Location: chicago Watch: 116520 blk Posts: 31	Bought mine for full MSRP $4250 in 2004. F series. Still have it. I'm pretty confident if I sell, then yes I wore my Sub for free.

15 May 2011, 06:24 AM	#9
lhanddds Banned Join Date: Jul 2007 Location: USA Watch: of course Posts: 8,429	I think if you are careful in the vintage arena, you'll do OK.

15 May 2011, 06:29 AM	#10
TTmax Banned Join Date: Mar 2011 Real Name: Christophe Location: France Watch: DJ/Gmt2/IIc/E2/ToG Posts: 434	True, not only for Sub. GMT does it well also, as well as Daytona . Just choose SS models (in Europe).

15 May 2011, 07:07 AM	#17
Casey VP-26 "TRF" Member Join Date: Jun 2009 Location: America Posts: 2,721	I bought a 16610 about 12 years ago for $2400.00. I have worn this watch very hard and it never has been serviced , it runs about 2 seconds a day plus or minus. A service , A polish,and a new bezel insert the watch should still be worth $3500.00 or more. I don't have a lot of other assets appreciating like that after enjoying them as much as I have the Watch. However There are no Guarantees.

15 May 2011, 07:25 AM	#18
boysie "TRF" Member Join Date: Jan 2011 Real Name: Ray Location: Wallington UK Watch: Sub 16610, Airking Posts: 18	Hi i paid £2500 for my 1995 Submariner I checked with rolex Uk, and it was purchased originally in Tokyo, Worn but a lovely watch. Bought this Xmas for my 60th birthday this year, yes a present to myself. I thought a good price at the time, I knocked him down from £2600 As I was buying other jewellery at the time I went back to the shop twice before buying it, had to have it i believe jewellers are having a bad time here i would hope to get my money back but i dont intend to sell it Ray

15 May 2011, 07:52 AM	#19
Paulie 50 "TRF" Member Join Date: Jan 2011 Location: Lancs. England Posts: 1,000	" If you could buy money, there would be shops selling it " wise words from my late father. Enjoy your watch, appreciate it for what it is, dont see the £/$s, use it for the purpose Rolex made it, and then you will be happy, and it will become part of you.

15 May 2011, 07:57 AM	#20
mlotus95 Banned Join Date: May 2010 Location: pa Watch: GMT master II Posts: 600	i just made 8% off mine. lol

15 May 2011, 08:41 AM	#21
oldman2005 "TRF" Member Join Date: Dec 2006 Location: norcal Posts: 3,031	I didn't buy my watches for investment but sometimes you have to thank Rolex for increasing their prices at a dizzy pace and their strict pricing. That's why your Rolex hold their value so well. The price for new my sub-LV is $4875 back then, I am sure if I sell it now, I will get my money back, same as my Daytona which cost $7,800 only couple years ago, but why???

15 May 2011, 09:02 AM	#23
xjeeunitx 2024 Pledge Member Join Date: Aug 2008 Posts: 5,533	I bought my BNIB for 6500 not too long ago. Yes, if I decide to sell it I can get all my money back plus more...

15 May 2011, 09:44 AM	#26
rickinAZ Member Join Date: Jan 2011 Location: Arizona Posts: 16	a

15 May 2011, 09:47 AM	#27
rickinAZ Member Join Date: Jan 2011 Location: Arizona Posts: 16	I bought my first Submariner in 1983 for $880. Sold it in 1991 for $1,000. My latest one was purchased in 2000 for $3,575 - bet that it's worth all of that.

15 May 2011, 09:55 AM	#28
Hodog16 "TRF" Member Join Date: Mar 2011 Location: NC Watch: RG Olive DD40 Posts: 1,795	Interesting theory. Think it depends on how old the watch is and when you sell. I got my D serial LV back in 2006 also for $4875. It's been well-loved but a quick trip to an RSC, and I'm sure I could get my money back if not even a slight profit if I were to sell.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)