ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

F&Iguy · 19 December 2011, 08:24 AM

buy the watch because you love it and not for what other people think! extra money that fast smells fishy.

AJMarcus · 19 December 2011, 09:23 AM

Consider buying a pre loved Rolex GMT. There are plenty in NYC shops in Manhattan, or consider a trusted seller on TRf. You are almost there! IMO nothing wrong with financing when you get 0 % apr . As long as one can afford the monthly payments you get to keep your cash on hand and get the watch you want with no interest unlike a credit card.

powerfunk · 20 December 2011, 04:10 AM

Quote:

Originally Posted by F&Iguy

extra money that fast smells fishy.

Whatever, it's a Rolex forum; people make money fast here. The important thing is that he's on here asking for advice on how to spend it.

mmmmp · 20 December 2011, 04:34 AM

Do *NOT* buy a watch on your credit card unless you intend to pay off the balance in 30 days. Save up or 0% finance it. Good luck mate.

F&Iguy · 20 December 2011, 05:47 AM

Quote:

Originally Posted by powerfunk

Whatever, it's a Rolex forum; people make money fast here. The important thing is that he's on here asking for advice on how to spend it.

my bad

and i do understand its a rolex forum and there are people from all walks of life and income levels. sorry for being a little judgemental.

xhype · 21 December 2011, 07:37 AM

i thought i explained myself on what i do anyway i have a client that told me he knows someone in the diamond district i just have to wait until after the Holidays because of the spike in sales. honestly this is madding financing of saving??????? my thing is you never know what the future holds and i don't want to end up can't finish paying off for my watch that's going to brake my heart. honestly i'm a little disappointed but it is what it is.......... i want something and it seems out of my reach.....

i feel like giving up.

btrue · 21 December 2011, 08:51 AM

Don't give up! I waited a year to make sure the GMT IIc was right for me. Sometimes when it's the right watch you just have to be patient.... Easier said than done; I know.

rolexkiwi · 21 December 2011, 10:58 AM

Quote:

Originally Posted by xhype

Wow I feel so little in the rolex world you all are very knowledgeable I dont mind a pre-own atch but in good state but I was thinking if thats the price I could buy a lecultre reveso but what I need to know is how good is the resale value on the rolex vs the lecultre......... I just dont.......??????? Well lets put it this way I want when people look at my wrist they admire and give me complements.

I would only buy a watch because I want it and appreciate wearing it. I find 99.9% of people never even notice what watch you wear.
If you are buying a watch to gain compliments from others I feel it will only lead to disappointment. Why do you care about that?...

I also agree with many others here. Save up, research, buy quality and buy outright. No debt. If you can't afford it. You can't afford it.
Good luck.

The GMT is a great watch with a long and interesting aviation history, have a read up on this great site, lots of threads.

xhype · 22 December 2011, 04:23 AM

I DID BUT I LOVE HOW IT LOOKS AND IT CAME DOWN TO THE ROLEX GMT AND THE OMEGA TRIPLE DATE BUT I HONESTLY LOVE THE ROLEY I MYSELF LIKE IT BUT THE PEOPLE I BE AROUND WILL NOTICE BECAUSE ALL THEY WEAR IS ROLEX NOW MY GIRL FRIEND DOES NOT UNDERSTAND WHY I WOULD SPEND SO MUCH ON A WATCH..... THIS IS WHAT SHE SAID>>>(IT ONLY TELLS TIME MICHAEL WHY DON'T YOU BUY SOMETHING ELSE I WOULDN'T SPEND THAT MUCH ON A WATCH I CAN BUY A $5 OR GET 10 FOR $30 AND IT WILL TELL THE SAME TIME AS THAT STUPID ROLEX ) NOW I'M MAD BY HER COMMENT... SO I ASK HER WHAT'S AND WERE IS THE BEZEL ON A WATCH? SHE LOOKED AT ME WITH GREAT CONVICTION AND SAID THE KNOB THAT YOU CHANGE THE TIME WITH!!!!! LOL REALLY SO I TOLD HER THAT'S
WHY YOU WOULDN'T UNDERSTAND I HONESTLY DID NOT LIKE ROLEX BECAUSE OF IT WAS SO COMMON I WANTED A WATCH THAT WHEN THE NIGLETS IN MY AREA ASK WHAT KIND OF WATCH IS THAT I'LL JUST SAY DON'T HURT YOUR BRAIN THESE DAYS THEY ARE RUNNING DOWN audemars piguet MY THING IS R U SERIOUS JUST BECAUSE A HIP HOP ARTIST SAYS HE HAS ONE ON HIS WRIST YOU GONNA BUY ON (DUMB) I DID MY RESEARCH AND IT LED ME TO A ROLEX GMT SO I WILL SAVE AND IN THE MEAN TIME I JUST GET SOMETHING NICE TO WEAR UNTIL THAT TIME COME TO HAVE A LOVELY SWISS MOVEMENT.

I DO CARE ABOUT THE RESALE VALUE BUT I WOULDN'T SELL MY FIRST REAL WATCH

keschete · 22 December 2011, 06:27 AM

Make sure you get something you want! The only thing that is important is that you are happy.

Welcome to the forum!!!

cedargrove · 22 December 2011, 06:56 AM

Buy what you love. If that means waiting and saving, then wait and save, because buying anything else will just leave you wishing you had what you love instead.

As for resale value, if you got a decent deal on a used GMT, and didn't beat the heck out of it, you could always sell it without a loss. If you are buying new, then assume maybe a 25% loss if you resold.

As for financing, I personally waited until I was comfortable before buying such a luxury item. However, if you are disciplined, there is an argument to be made for financing. Rolex prices are always increasing, usually at a rate higher than current borrowing rates (don't use a credit card - get a line of credit). One could argue it's cheaper to buy now than to wait and save. However I would only recommend this if you had a steady income with the discipline to pay it off relatively quickly. If you ever got into trouble then you could always sell the watch. Again, not something I would feel too comfortable doing, but it's not a terrible idea either.

George Ab · 22 December 2011, 08:12 AM

Welcome to TRF.

There is an incredible amount of information here.

Arthur Daley · 22 December 2011, 08:22 AM

How about an Omega Speedmaster or Seamaster? Both terrific watches and almost as iconic as Rolex. And within your budget, I think. Or save a bit more....

CharlieSF · 22 December 2011, 05:07 PM

Welcome to the forum. My advice for you is patience. I'm a young guy like you, and I too was quickly enamored with the brand - but I've used this forum as a resource to learn about Rolex (and watches in general) while saving for my GMTIIC. I'll be making my purchase in cash this May after saving monthly for approx one year.

I think you'll enjoy learning about the brand/models while you save for the watch you want. When the time comes, you'll know you made a great decision on all levels. Good luck!

powerfunk · 23 December 2011, 01:44 AM

Quote:

Originally Posted by cedargrove

Buy what you love. If that means waiting and saving, then wait and save, because buying anything else will just leave you wishing you had what you love instead.

x2! Couldn't have said it better. My best advice is, don't give up on a $3000 watch and end up getting a $1000 watch that you think is OK. Nothing at all would be better than a $1000 reminder of what you don't have!

You don't want to end up like one of my friends, with 2 Bulovas and a low-end Tag, wondering why you didn't just save up and buy one awesome watch. (Nothing against Bulovas and Tags if that's your thing)

xhype · 23 December 2011, 01:51 PM

Thank you all i knoe now what i have to do

Stonedcl · 23 December 2011, 01:57 PM

Anyone ever tell you that you look like p diddy?

Akai08 · 23 December 2011, 02:01 PM

You can find that same GMT used for around $6500 with box, COSC cert and tags. Keep saving your money and buy what you want. If you settle on second best, it will never be what you wanted in the first place. The great thing about buying a Rolex is anyone will buy it back from you. It's like wearing money on your wrist...

ingoodtime · 23 December 2011, 02:05 PM

Quote:

Originally Posted by Shammer22

I was previously unaware of any ADs that ran financing on Rolex, so I called mine to ask his policy. He said he probably would, but would not discount under those circumstances. Opinions on such a policy? Anyone heard anything like this?

Mayors sometimes offer 20 months no interst but you will pay full msrp.
I bought my GMTIIC fom a smaller jeweler with a discount and some interest free financing. Great watch! Best of luck you you. I hope you achieve your goal quickly.

xhype · 25 December 2011, 05:29 AM

well i just wait a little longer

xhype · 27 December 2011, 03:15 AM

I have a rolex case can anyone tell me what I can do with it

Dnrexy · 27 December 2011, 12:58 PM

Quote:

Originally Posted by xhype

I have a rolex case can anyone tell me what I can do with it

That's kind of random. Case as in Box, or Case that holds the movement?

xhype · 27 December 2011, 01:42 PM

Case as it holds the movement its a 6694 gold and ss case

Mickey® · 27 December 2011, 01:47 PM

Quote:

Originally Posted by Stonedcl

Anyone ever tell you that you look like p diddy?

No he doesn't.

xhype · 27 December 2011, 01:58 PM

What does no he dosen't mean ???????

Mickey® · 27 December 2011, 02:01 PM

Quote:

Originally Posted by xhype

What does no he dosen't mean ???????

Look above that line...you don't look like P Diddy...
Unless you want to!?

xhype · 27 December 2011, 02:15 PM

This is what the case is and looks like

http://item.mobileweb.ebay.com/viewi...273675&trxId=0

chicfarmer1 · 27 December 2011, 02:17 PM

You must have had a reason to buy it. What was it?

z0mghenry · 27 December 2011, 02:23 PM

Quote:

Originally Posted by ingoodtime

Mayors sometimes offer 20 months no interest but you will pay full msrp.
I bought my GMTIIC fom a smaller jeweler with a discount and some interest free financing. Great watch! Best of luck you you. I hope you achieve your goal quickly.

I believe 20 months no interest is for non-sport watches. You can only do 10 months no interest for sport models (SubC, GMTIIC). I don't really see a problem with financing as long as you can deal with the payment and budget every month. At least my Mayors wouldn't discount a GMTIIC or Sub C so financing was a good option. I know my income and know my monthly expenses. Financing can be done responsibly but don't put yourself in a position where you can't make payments.

IF you choose to finance, make sure the payments are on time. The interest actually starts accruing the day you buy it. Miss a payment or don't pay off in full within the given period and you are hit with the full interest amount (Mayors actually has a website where you can set up automatic payments or key in the amount you want). I don't regret that I financed my SubC, it but I think this time around the better option is to buy off a seller on this forum. I hope this helps you and good luck!

Dnrexy · 27 December 2011, 02:23 PM

Man, that's vintage. If you just bought it you must want to use it as a project watch? It's going to cost you a lot of time and money to piece that together. Going to be difficult.

22 December 2011, 06:27 AM	#40
keschete "TRF" Member Join Date: Oct 2007 Real Name: Kaya Location: Louisiana Watch: 116500 Posts: 3,575	Make sure you get something you want! The only thing that is important is that you are happy. Welcome to the forum!!! __________________ GMT II BLNR, Submariner, Submariner Serti, Datejust, Daytona C, TT Yacht Master, Hulk Submariner, Pepsi GMT II

22 December 2011, 08:12 AM	#42
George Ab "TRF" Member Join Date: Aug 2009 Real Name: George Location: Seattle Watch: One of Them Posts: 6,924	Welcome to TRF. There is an incredible amount of information here. __________________

19 December 2011, 08:24 AM	#31
F&Iguy "TRF" Member Join Date: Sep 2011 Location: WA state Watch: EXP 39mm Posts: 278	buy the watch because you love it and not for what other people think! extra money that fast smells fishy.

19 December 2011, 09:23 AM	#32
AJMarcus "TRF" Member Join Date: Nov 2010 Real Name: AJ Location: USA Watch: Swiss Posts: 5,238	Consider buying a pre loved Rolex GMT. There are plenty in NYC shops in Manhattan, or consider a trusted seller on TRf. You are almost there! IMO nothing wrong with financing when you get 0 % apr . As long as one can afford the monthly payments you get to keep your cash on hand and get the watch you want with no interest unlike a credit card.

20 December 2011, 04:34 AM	#34
mmmmp "TRF" Member Join Date: Dec 2009 Real Name: Mark P Location: Toronto Watch: SS Wimbledon DJ41 Posts: 2,046	Do NOT buy a watch on your credit card unless you intend to pay off the balance in 30 days. Save up or 0% finance it. Good luck mate.

21 December 2011, 07:37 AM	#36
xhype "TRF" Member Join Date: Dec 2011 Real Name: Michael Location: Brooklyn,NY Watch: Rolex GMT II 16710 Posts: 850	i thought i explained myself on what i do anyway i have a client that told me he knows someone in the diamond district i just have to wait until after the Holidays because of the spike in sales. honestly this is madding financing of saving??????? my thing is you never know what the future holds and i don't want to end up can't finish paying off for my watch that's going to brake my heart. honestly i'm a little disappointed but it is what it is.......... i want something and it seems out of my reach..... i feel like giving up.

21 December 2011, 08:51 AM	#37
btrue Member Join Date: Nov 2011 Real Name: Bill Location: Indianapolis Watch: GMT IIC; PAM 005 Posts: 244	Don't give up! I waited a year to make sure the GMT IIc was right for me. Sometimes when it's the right watch you just have to be patient.... Easier said than done; I know.

22 December 2011, 04:23 AM	#39
xhype "TRF" Member Join Date: Dec 2011 Real Name: Michael Location: Brooklyn,NY Watch: Rolex GMT II 16710 Posts: 850	I DID BUT I LOVE HOW IT LOOKS AND IT CAME DOWN TO THE ROLEX GMT AND THE OMEGA TRIPLE DATE BUT I HONESTLY LOVE THE ROLEY I MYSELF LIKE IT BUT THE PEOPLE I BE AROUND WILL NOTICE BECAUSE ALL THEY WEAR IS ROLEX NOW MY GIRL FRIEND DOES NOT UNDERSTAND WHY I WOULD SPEND SO MUCH ON A WATCH..... THIS IS WHAT SHE SAID>>>(IT ONLY TELLS TIME MICHAEL WHY DON'T YOU BUY SOMETHING ELSE I WOULDN'T SPEND THAT MUCH ON A WATCH I CAN BUY A $5 OR GET 10 FOR $30 AND IT WILL TELL THE SAME TIME AS THAT STUPID ROLEX ) NOW I'M MAD BY HER COMMENT... SO I ASK HER WHAT'S AND WERE IS THE BEZEL ON A WATCH? SHE LOOKED AT ME WITH GREAT CONVICTION AND SAID THE KNOB THAT YOU CHANGE THE TIME WITH!!!!! LOL REALLY SO I TOLD HER THAT'S WHY YOU WOULDN'T UNDERSTAND I HONESTLY DID NOT LIKE ROLEX BECAUSE OF IT WAS SO COMMON I WANTED A WATCH THAT WHEN THE NIGLETS IN MY AREA ASK WHAT KIND OF WATCH IS THAT I'LL JUST SAY DON'T HURT YOUR BRAIN THESE DAYS THEY ARE RUNNING DOWN audemars piguet MY THING IS R U SERIOUS JUST BECAUSE A HIP HOP ARTIST SAYS HE HAS ONE ON HIS WRIST YOU GONNA BUY ON (DUMB) I DID MY RESEARCH AND IT LED ME TO A ROLEX GMT SO I WILL SAVE AND IN THE MEAN TIME I JUST GET SOMETHING NICE TO WEAR UNTIL THAT TIME COME TO HAVE A LOVELY SWISS MOVEMENT. I DO CARE ABOUT THE RESALE VALUE BUT I WOULDN'T SELL MY FIRST REAL WATCH

22 December 2011, 06:56 AM	#41
cedargrove "TRF" Member Join Date: Dec 2010 Real Name: Rich Location: Canada Watch: Milgauss, GMT IIc Posts: 3,013	Buy what you love. If that means waiting and saving, then wait and save, because buying anything else will just leave you wishing you had what you love instead. As for resale value, if you got a decent deal on a used GMT, and didn't beat the heck out of it, you could always sell it without a loss. If you are buying new, then assume maybe a 25% loss if you resold. As for financing, I personally waited until I was comfortable before buying such a luxury item. However, if you are disciplined, there is an argument to be made for financing. Rolex prices are always increasing, usually at a rate higher than current borrowing rates (don't use a credit card - get a line of credit). One could argue it's cheaper to buy now than to wait and save. However I would only recommend this if you had a steady income with the discipline to pay it off relatively quickly. If you ever got into trouble then you could always sell the watch. Again, not something I would feel too comfortable doing, but it's not a terrible idea either.

22 December 2011, 08:22 AM	#43
Arthur Daley "TRF" Member Join Date: Dec 2005 Location: USA Posts: 300	How about an Omega Speedmaster or Seamaster? Both terrific watches and almost as iconic as Rolex. And within your budget, I think. Or save a bit more....

22 December 2011, 05:07 PM	#44
CharlieSF "TRF" Member Join Date: Jun 2011 Location: CA Watch: 116710 Posts: 237	Welcome to the forum. My advice for you is patience. I'm a young guy like you, and I too was quickly enamored with the brand - but I've used this forum as a resource to learn about Rolex (and watches in general) while saving for my GMTIIC. I'll be making my purchase in cash this May after saving monthly for approx one year. I think you'll enjoy learning about the brand/models while you save for the watch you want. When the time comes, you'll know you made a great decision on all levels. Good luck!

23 December 2011, 01:51 PM	#46
xhype "TRF" Member Join Date: Dec 2011 Real Name: Michael Location: Brooklyn,NY Watch: Rolex GMT II 16710 Posts: 850	Thank you all i knoe now what i have to do

23 December 2011, 01:57 PM	#47
Stonedcl "TRF" Member Join Date: Mar 2011 Location: Nj Watch: 116200, 116610 Posts: 1,191	Anyone ever tell you that you look like p diddy?

23 December 2011, 02:01 PM	#48
Akai08 Banned Join Date: Jun 2011 Real Name: Steve Location: San Diego Watch: Bremont P-51 Posts: 19	You can find that same GMT used for around $6500 with box, COSC cert and tags. Keep saving your money and buy what you want. If you settle on second best, it will never be what you wanted in the first place. The great thing about buying a Rolex is anyone will buy it back from you. It's like wearing money on your wrist...

25 December 2011, 05:29 AM	#50
xhype "TRF" Member Join Date: Dec 2011 Real Name: Michael Location: Brooklyn,NY Watch: Rolex GMT II 16710 Posts: 850	well i just wait a little longer

27 December 2011, 03:15 AM	#51
xhype "TRF" Member Join Date: Dec 2011 Real Name: Michael Location: Brooklyn,NY Watch: Rolex GMT II 16710 Posts: 850	I have a rolex case can anyone tell me what I can do with it

27 December 2011, 01:42 PM	#53
xhype "TRF" Member Join Date: Dec 2011 Real Name: Michael Location: Brooklyn,NY Watch: Rolex GMT II 16710 Posts: 850	Case as it holds the movement its a 6694 gold and ss case

27 December 2011, 01:58 PM	#55
xhype "TRF" Member Join Date: Dec 2011 Real Name: Michael Location: Brooklyn,NY Watch: Rolex GMT II 16710 Posts: 850	What does no he dosen't mean ???????

27 December 2011, 02:15 PM	#57
xhype "TRF" Member Join Date: Dec 2011 Real Name: Michael Location: Brooklyn,NY Watch: Rolex GMT II 16710 Posts: 850	This is what the case is and looks like http://item.mobileweb.ebay.com/viewi...273675&trxId=0

27 December 2011, 02:17 PM	#58
chicfarmer1 "TRF" Member Join Date: Oct 2010 Real Name: J Location: USA Midwest Watch: Midsize Datejust Posts: 2,611	You must have had a reason to buy it. What was it?

27 December 2011, 02:23 PM	#60
Dnrexy "TRF" Member Join Date: Dec 2011 Location: Florida Posts: 22	Man, that's vintage. If you just bought it you must want to use it as a project watch? It's going to cost you a lot of time and money to piece that together. Going to be difficult.

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