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1 October 2019, 05:05 PM | #31 |
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If money is not an issue and you want it, buy it. Time is the valuable thing here. If you wait for the AD to call, who knows when or if that will happen.
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1 October 2019, 05:08 PM | #32 |
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No, I won't talk you out of "this craziness". You want it, you need it and now you have my endorsement to buy it.
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1 October 2019, 05:12 PM | #33 | |
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Kissing up an AD would give me that feeling If I was in the market for a BLNR I would simply buy one. Life is too short to wait for an undefined period of time
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
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1 October 2019, 06:09 PM | #34 |
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1 October 2019, 06:23 PM | #35 |
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I would do it. I paid grey market prices recently with a BLRO and have not looked back. I never thought I would pay over retail, but that's today's market. Buy it and enjoy it.
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1 October 2019, 07:03 PM | #36 |
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1 October 2019, 07:10 PM | #37 |
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Normally I'd agree with you, however since we're talking about premium watches I wouldn't suspect a huge price drop as people who can afford these pieces, even at retail, are likely positioned to be less impacted by the recession....maybe a small drop in price, but certainly not until the recession (if one comes) kicks into full gear so perhaps by 2021...just my 2c.
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1 October 2019, 07:10 PM | #38 |
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The BLNRs are steadily dropping in price. They’ll be $12k in 6 months’ time.
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1 October 2019, 07:24 PM | #39 |
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Its your money, do what you want with it, if paying over the odds for the watch is something that you will feel comfortable with and will let you sleep at night then go-ahead fuel the grey market and buy the watch.
After all you won't feel bad about it will you, you won't regret spending that extra money on the watch, that extra money that could have taken you away on a nice break, that extra money that could have gone towards another watch, there's nothing to feel bad about is there? You will feel no guilt over all that extra money going out of the piggy bank on a new sparkly bauble to wear on your wrist, no guilt at all. So you know what, if the watch is your dream and you have the money but no patience, feel free to spend that money on that lovely new watch. And when you have it on your wrist and you have posted the obligatory pictures on TRF you will be able to sit back and look at your second-hand watch and think of all the things that you could have done with that money if only you had mastered the art of patience. Go and buy it, enjoy it and wear in good health, let's just hope that it's value doesn't drop as the market collapses.
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1 October 2019, 07:25 PM | #40 | |
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The days of saving up for things are gone. Everyone wants everything now now now and Personal debt levels have never been as high. A lot of this is credit card and unsecured loans. Rolex is seen as a safe piece because they hold value. When s**t hits the fan (and it will) and people lose jobs (again they will) the market will start to get flooded with all sorts of pieces when credit card payments can’t be made. |
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1 October 2019, 07:36 PM | #41 |
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1 October 2019, 08:14 PM | #42 |
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Don’t do it. Visit you AD and explain. They are human. They know you won’t flip. You’ll be surprised how it can work to your advantage with patience.
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1 October 2019, 08:32 PM | #43 |
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Don't waste your time or money. The value of an item is what the market commands. I would talk to a couple of the big Grey dealers here on TRF and get the best deal possible and buy the watch. No one has a crystal ball and can tell how the market will change but it is not a loss unless you sell the watch for less than you paid. If you want it, get it. Wear it and enjoy it. Is that not worth something. Some how we have gotten into a mentality that you make money off watches and get to wear them also. That is correct on some watches but not most. I would get it today and have it delivered to my door by 1030 tomorrow morning. Post some incoming pictures and go about enjoying the watch and living my life. Just my thoughts. Good luck.
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1 October 2019, 09:02 PM | #44 |
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I'd wait. Feels a lot better to pay retail and no mark up.
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1 October 2019, 09:29 PM | #45 |
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Everyone is different here and by now you’ve read every opinion from life’s too short, to don’t pay or MRSP.
There’s no right or wrong answer, only you will know what’s best for you. It sounds to me like you might have regret paying gray, but maybe I read that into your post from my way of thinking. Now you know where I stand |
1 October 2019, 09:31 PM | #46 |
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Forget the retail price, if you can afford anything at a price it was on sale for and you really wanted it, then it would be more crazy to pass on it.
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1 October 2019, 09:36 PM | #47 |
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To paraphrase the redoubtable rap artist Vanilla Ice, "Buy, buy baby."
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1 October 2019, 09:40 PM | #48 |
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MSRP is meaningless even on a old common model these days. A new 2019 Baselworld super hot model and you are gonna pay-up or waist your life away in the mercy of your AD hoping he isn’t playing games with you. Is this a luxury purchase or not?
Buy it anywhere near around $15k USD and you won’t get hurt with the new BLNR. $17k and up outside the USA is what it’s bringing. Regardless what the market does you’ll never get close to MSRP unless you get extremely lucky. I just went through this and have been following the new BLNR since release. The BLRO has shown the market will pay $17k-18k and the BLNR is $16k - $17k. It is what it is as the days of buying either of these two new GMT’s anywhere near MSRP are gone. It’s easier paying market value on a new hot model because it has the new movement and updated gorgeous Jubilee bracelet. I’m not a flipper but desirability for this particular watch is only going to climb in years as it looks unbelievable in real life but even wears more comfortable and thats not always a common trait. Caddyshack’s famous Coke line rings true here for those that insist on only paying msrp. The watch is a rock star. |
1 October 2019, 09:53 PM | #49 |
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Dude, paying above MSRP for a Rolex is something I personally will not do. I’d rather buy AP and have a truly more sophisticated piece vs hype. But still even APs prices are creeping up. But hey, it’s your money.
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1 October 2019, 10:03 PM | #50 | |
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1 October 2019, 10:18 PM | #51 | |
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1 October 2019, 10:22 PM | #52 |
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I prefer my name on the card and peace of mind knowing the true provenance of the watch.
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1 October 2019, 10:24 PM | #53 |
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I enjoy the hunt, and finding a watch at or below retail is part of the fun for me, regardless if the money means anything. I like a deal....wait and get one the right way, it will be more enjoyable. It isn't like they are rare...be patient.
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1 October 2019, 10:35 PM | #54 | |
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I just don't believe that is true. How about 1 pence? |
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1 October 2019, 10:38 PM | #55 | |
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1 October 2019, 10:42 PM | #56 |
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I agree with this. To me it's principle too. I can easily afford a Daytona but refuse to pay double what it's worth.
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1 October 2019, 10:45 PM | #57 |
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1 October 2019, 10:57 PM | #58 |
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I’m banging my head at rrp as it’s already overpriced let alone paying a premium .
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1 October 2019, 11:03 PM | #59 |
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I look at if from a diff POV. I paid $7600 for my BLNR in 2016. I flipped it a few weeks ago for $13,200. The net helped put me into a wg Daytona OF. I figured I should strike while the iron is hot (even as prices have come down a little). I was able to take advantage of the ridiculous climate we're in to get into a PM piece. Obviously I had to put up a significant chunk of change to get into the Daytona, but I was playing with house money of $5,600.
That being said, I'm usually super impatient, but I think the prices are going to continue to soften a bit. If you can wait, wait. |
1 October 2019, 11:07 PM | #60 |
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Just buy it, have it tomorrow.
I’m all for waiting it out if the time frame is realistic. My ADs wouldn’t even put my on the lists for hard to get watches. So I buy from Takuya, and enjoy immediately. |
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