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Casey VP-26 · 16 March 2018, 11:12 AM

Its only money.

topfuel25 · 16 March 2018, 11:13 AM

The old PMs on leather obviously took a big hit especially you can see ADs giving up to 20% discount to clear them in order to make way for OF. For OF the discount is between 5% to 8% but some ADs do not even budge

enjoythemusic · 16 March 2018, 05:07 PM

Quote:

Originally Posted by AK797

My rule of gold is after a discount I would take on average a 20% loss on a PM piece, if you can't handle that then you shouldn't be buying these.

Agreed. MSRP less your discount, then 20% less after that.

AK797 · 16 March 2018, 10:54 PM

Quote:

Originally Posted by enjoythemusic

Agreed. MSRP less your discount, then 20% less after that.

Yes, apart from maybe the new WG OF, the idea of paying retail on a PM Rolex piece was unheard of, good discounts were always available.

Chiboy · 16 March 2018, 11:00 PM

Quote:

Originally Posted by AK797

Yes, apart from maybe the new WG OF, the idea of paying retail on a PM Rolex piece was unheard of, good discounts were always available.

I don't know and am not in the market for one, but do you think the WG/OF model will stay hot? Seems PM reverts to big discount to MSRP over time and I wonder if those paying close to MSRP now will be in for a big hit eventually. Thoughts?

Phudu · 17 March 2018, 03:59 PM

Quote:

Originally Posted by topfuel25

The old PMs on leather obviously took a big hit especially you can see ADs giving up to 20% discount to clear them in order to make way for OF. For OF the discount is between 5% to 8% but some ADs do not even budge

I recently spoke with my AD about acquiring WG Daytona on OF here in Ontario, Canada, and he is willing to give me 18% off. I negotiated with him a little more and got 22% of the MSRP. I have bought numerous watches from him in the past. Stick with one AD, and sometimes it helps.

Danny83 · 17 March 2018, 04:12 PM

You will loose 10k

TacticaLCawacoL · 18 March 2018, 09:15 PM

Selling it yourself may be you could get 21, 22K.
Selling it to a trusted seller may be you will get between 16 and 18...

1William · 18 March 2018, 10:24 PM

Having owned more than 20 PM watches, not all at once, I think that you can do much better than is being represented here. It is about reputation and relationships with the TS and AD's. The structure of the deal, cash or cc, or trading other watches or a combination of the above will get you where you want to be. I would buy slightly preowned and a complete set. This should put you between 30-35% or more off retail. This is the buffer that if and when you flip you will see another 8-15% off that number. On occasion though you get lucky and it is smaller. Part of the fun is the hunt and acquiring the watch though the real fun is ownership. And then do it all over again. If you want it, make it happen.

AK797 · 18 March 2018, 10:37 PM

Quote:

Originally Posted by Chiboy

I don't know and am not in the market for one, but do you think the WG/OF model will stay hot? Seems PM reverts to big discount to MSRP over time and I wonder if those paying close to MSRP now will be in for a big hit eventually. Thoughts?

This one looks a bit different, probably due to the close association with the SS, as the RG is £2K below it already which is unusual for a WG model, so I think this resale will stay strong, and hard to buy for under retail from a known grey here still.

AK797 · 18 March 2018, 10:39 PM

Quote:

Originally Posted by Phudu

I recently spoke with my AD about acquiring WG Daytona on OF here in Ontario, Canada, and he is willing to give me 18% off. I negotiated with him a little more and got 22% of the MSRP. I have bought numerous watches from him in the past. Stick with one AD, and sometimes it helps.

That is very good, as I said in UK you might get 5% off if the AD knows you well as greys are selling this for retail and some even above it. Think Rolex will keep supply tight with this one too.

DoctorA · 18 March 2018, 10:40 PM

Quote:

Originally Posted by Carrots

Thanks all.

MSRP is 37k I think and looking around at these 32k from a non AD is pretty much in the ballpark. 116509.

I do like the OF models, and I do like rubber straps, just not at PM prices.

Try to get a ss black dial and put it on an oysterflex or rubberB

ap1 · 18 March 2018, 11:15 PM

Quote:

Originally Posted by AK797

My rule of gold is after a discount I would take on average a 20% loss on a PM piece, if you can't handle that then you shouldn't be buying these.

This is true. I have a few too many data points than I’d like as confirmation

mkbarbin · 13 June 2020, 05:05 AM

Hi sorry. Im just new to this forum and I just got my first Rolex watch. I would just like to ask if what's the meaning of PM? Like "PM" Daytonas. Thanks a lot!

42itus · 13 June 2020, 05:08 AM

Quote:

Originally Posted by mkbarbin

Hi sorry. Im just new to this forum and I just got my first Rolex watch. I would just like to ask if what's the meaning of PM? Like "PM" Daytonas. Thanks a lot!

Precious Metal. Solid gold or platinum.

Sent from my iPhone using Tapatalk

Chiboy · 13 June 2020, 05:51 AM

Hahaha. I just (re) read this whole thread. I commented twice before, but of course didn't remember from two years ago. Then the bump of this 2 year old thread is for an acronym definition, not even in the slightest related to the original topic. lol

77T · 13 June 2020, 06:10 AM

Not only that, the original context was the dreaded valuation question that’s been the bane of our existence lately...

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Bosbevok · 13 June 2020, 06:11 AM

If you’re asking this question then the watch probably isn’t the right thing for you.

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mkbarbin · 13 June 2020, 06:18 AM

Quote:

Originally Posted by 42itus

Precious Metal. Solid gold or platinum.

Sent from my iPhone using Tapatalk

Thanks. Appreciate it.

mkbarbin · 13 June 2020, 06:21 AM

Quote:

Originally Posted by 42itus

Precious Metal. Solid gold or platinum.

Sent from my iPhone using Tapatalk

Thanks. Appreciate it.

Calatrava r · 13 June 2020, 06:36 AM

PM Daytonas have risen in price with the YG green above retail. I think most PM now sell just under retail used. If you can sell it yourself maybe a 15% hit. If you have to sell to a dealer they need at least a 20% margin to pay overhead and then they still sell it at the going rate which is a little below retail. I am thinking at full retail whatever that is you would then lose at least $7500 in selling to a dealer. Its good to know the back door numbers but the guiding principal should be you love the watch and have every intention to keep it long term. The strong value hold is really in the SS sports/tool stuff not in PM.

Calatrava r · 13 June 2020, 06:42 AM

Quote:

Originally Posted by Calatrava r

PM Daytonas have risen in price with the YG green above retail. I think most PM now sell just under retail used. If you can sell it yourself maybe a 15% hit. If you have to sell to a dealer they need at least a 20% margin to pay overhead and then they still sell it at the going rate which is a little below retail. I am thinking at full retail whatever that is you would then lose at least $7500 in selling to a dealer. Its good to know the back door numbers but the guiding principal should be you love the watch and have every intention to keep it long term. The strong value hold is really in the SS sports/tool stuff not in PM.

Just saw this is a two year old thread. No wonder OP stated retail at 32K. Was it even that low in 2018? Now its much higher with the recent price increase.

18 March 2018, 09:15 PM	#38
TacticaLCawacoL "TRF" Member Join Date: Jan 2018 Location: Milky Way Galaxy Watch: Sunray/Meteorite Posts: 311	Selling it yourself may be you could get 21, 22K. Selling it to a trusted seller may be you will get between 16 and 18... __________________ .__. I don’t mind the value of a Rolex, i just admire the technology and the beauty of it .__. 16600/2005, 116233/2008, 214270/2014, 116234/2016, 116618LB/2017, 116200/2017, 118239/2017, 116622/2018, 326.30.40.50.02.001/2018.

13 June 2020, 05:51 AM	#46
Chiboy "TRF" Member Join Date: Aug 2016 Location: Chicago Watch: Daytona Posts: 5,572	Hahaha. I just (re) read this whole thread. I commented twice before, but of course didn't remember from two years ago. Then the bump of this 2 year old thread is for an acronym definition, not even in the slightest related to the original topic. lol __________________ Datejust w/black Tapestry dial (1985) / Daytona (2016)

13 June 2020, 06:10 AM	#47
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,010	Not only that, the original context was the dreaded valuation question that’s been the bane of our existence lately... Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

16 March 2018, 11:12 AM	#31
Casey VP-26 "TRF" Member Join Date: Jun 2009 Location: America Posts: 2,721	Its only money.

16 March 2018, 11:13 AM	#32
topfuel25 Banned Join Date: Feb 2018 Location: Hcm Posts: 217	The old PMs on leather obviously took a big hit especially you can see ADs giving up to 20% discount to clear them in order to make way for OF. For OF the discount is between 5% to 8% but some ADs do not even budge

17 March 2018, 04:12 PM	#37
Danny83 2024 ROLEX DATEJUST41 Pledge Member Join Date: Sep 2013 Real Name: Danny Location: Bay Area CA Watch: Yellow Gold Posts: 20,312	You will loose 10k

18 March 2018, 10:24 PM	#39
1William 2024 SubLV41 Pledge Member Join Date: Nov 2010 Location: North Carolina Watch: Rolex/Others Posts: 47,764	Having owned more than 20 PM watches, not all at once, I think that you can do much better than is being represented here. It is about reputation and relationships with the TS and AD's. The structure of the deal, cash or cc, or trading other watches or a combination of the above will get you where you want to be. I would buy slightly preowned and a complete set. This should put you between 30-35% or more off retail. This is the buffer that if and when you flip you will see another 8-15% off that number. On occasion though you get lucky and it is smaller. Part of the fun is the hunt and acquiring the watch though the real fun is ownership. And then do it all over again. If you want it, make it happen.

13 June 2020, 05:05 AM	#44
mkbarbin "TRF" Member Join Date: Jun 2020 Real Name: Kevin Barbin Location: Philippines Posts: 4	Hi sorry. Im just new to this forum and I just got my first Rolex watch. I would just like to ask if what's the meaning of PM? Like "PM" Daytonas. Thanks a lot!

13 June 2020, 06:11 AM	#48
Bosbevok "TRF" Member Join Date: Jul 2018 Location: Canada Watch: Day Date 40 GMT II Posts: 711	If you’re asking this question then the watch probably isn’t the right thing for you. Sent from my iPhone using Tapatalk

13 June 2020, 06:36 AM	#51
Calatrava r 2024 SubLV41 Pledge Member Join Date: Mar 2017 Location: United States Watch: Rolex and Patek Posts: 11,416	PM Daytonas have risen in price with the YG green above retail. I think most PM now sell just under retail used. If you can sell it yourself maybe a 15% hit. If you have to sell to a dealer they need at least a 20% margin to pay overhead and then they still sell it at the going rate which is a little below retail. I am thinking at full retail whatever that is you would then lose at least $7500 in selling to a dealer. Its good to know the back door numbers but the guiding principal should be you love the watch and have every intention to keep it long term. The strong value hold is really in the SS sports/tool stuff not in PM.

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