Daytona C Price Thoughts?

[brandrea]

Originally Posted by Lol-x

As much as some may as a matter of principle be adverse to paying over RRP one has to remember that it is a hobby and a passion and in those circumstances one can be a little extravagant.

After all, if you work hard and earn the money and it makes you happy then why not pay more. At least if you do buy a DayC you are likely to lose not much if anything at all over time.

Remember those guys who are waiting to buy the watch in 2, 3 or more years, there will be price increases over that time, and so what you pay today over RRP may be less than the RRP in a few years time.

Remember buy the seller before you buy the watch. Trusted sellers are very important.

And there you have it

[Chiboy]

Originally Posted by Lol-x

As much as some may as a matter of principle be adverse to paying over RRP one has to remember that it is a hobby and a passion and in those circumstances one can be a little extravagant.

After all, if you work hard and earn the money and it makes you happy then why not pay more. At least if you do buy a DayC you are likely to lose not much if anything at all over time.

Remember those guys who are waiting to buy the watch in 2, 3 or more years, there will be price increases over that time, and so what you pay today over RRP may be less than the RRP in a few years time.

Remember buy the seller before you buy the watch. Trusted sellers are very important.

Personally, I would not pay over RRP for a watch. Just like I wouldn't pay over ticket price for a ticket. Except for the Blackhawks....

I recently got on the list, and have been told to expect one next spring, but possibly by year end. We'll see. Other than losing interest on a $6k deposit, I can always change my mind. But based on the amount of time I waste on here these days, that doesn't seem likely.

[Lol-x]

It is a personal value judgement for everyone.
At the same time it also depends on how much over MSRP one is having to pay.
One can stick to the principle of not paying over MSRP, but the strict enforcement of a principle may result in a less satisfactory outcome in the long run.
I don't know if this quote accurately expresses what I mean:
“Obey the principles without being bound by them.”
― Bruce Lee

[cornerstore]

Trying to obtain one during the roll out/ distribution of the Daytona C is like that old saying, all apes are created equal, some apes are just more equal than others. Some markets are getting enough product that buyers can get both dials, encouraging gouging and flipping,other markets virtually no product. Poor inventory distribution ultimatly turns off consumers. Having to pay over msrp is a result of poor planning, not greater demand.

[RGAmos]

At the boutique here in Houston I am number 19 on the black dial Daytona list. The white dial list was at 35 several weeks ago. I hope they will honor my place on the list for my heirs.

[Dusko.Popov]

If anyone has been following prices on eBay, the last two black dials have ended for $15.5 and $15.2 respectively.

The prices are seeing a decline and the $18k and $19k examples are sitting. It appears that there was a 30 day window to really maximize that profit potential. Now, I seems, folks are willing to wait. And good on them.

[Jeffa32]

My local AD in Singapore is selling the new Daytona for 10KSGD over list. Are AD's allowed to do this?

[Passionata]

Originally Posted by Sublovin

Ummmmm. I highly doubt that. This watch wasn't expected to be released even until fall, and they are already everywhere.
Dealers will try to hold onto the perception of scarcity, but it won't work forever. They will make thousands and thousands of these. Anyone who wants one, and is patient, will have a chance at retail prices

very well said , the C hype won t lasts long for sure for various resons
-zero new feature or movement
-doesn t look better than the previous model (personal preference of course)
-the watch market isn t so strong as we see the incoming news

justmy2c

[AS1]

but but but... I thought John Mayer said they would go for $30K?

LMAO.

[brucethemanlee]

i think most people (and I could be wrong) - but at the very least for me.....
if you can afford $12k-$13k USD for a watch and willing to spend that kind of money.....its unlikely its your first Rolex or "luxury" watch.
therefore will an extra $3k deter your desire or ability to purchase the DaytonaC. I doubt it.
As other posters have said its more due to principle of paying OVER MSRP when in 12-18 months you can get one in your hands at retail

[MVP]

Originally Posted by speedmaster73

nope....this wont be a hard model to get in 1-2 years......might have to wait a month or 3.....but will be easily obtainable at MSRP....rolex isnt making a dime off the 'premiums' some are selling for these days.....rolex has no plans to make 'others' rich...

the people selling for premiums now are capitalists who are selling at a premium for those who have to be the first......

anyone notice that daily now we have new threads saying "daytona-c has arrived!".......

anyways....check out this article i posted a couple month ago.....should shed some light on the 'myth' vs 'reality'




https://www.google.ca/url?sa=t&rct=j...27521224,d.amc

Good article

1. Since this model is virtually identical to the previous, wouldn't it be less important to scale this since they aren't really making anything new?

2. What if there is a slight variation in the model next year? (brushed lugs, daytona a little larger on the dial, etc)

[Passionata]

Originally Posted by MVP

Good article



1. Since this model is virtually identical to the previous, wouldn't it be less important to scale this since they aren't really making anything new?



2. What if there is a slight variation in the model next year? (brushed lugs, daytona a little larger on the dial, etc)

For .2 ,i really doubt they make such changes.take a look on 116520 they changed the clasp and imstalled a new hairspring in the past 15 yrs.

[toneafficianado]

By limiting the availability the demand has gone through the roof. No surprise.
Rolex are brilliant at marketing!

[Passionata]

Originally Posted by toneafficianado

By limiting the availability the demand has gone through the roof. No surprise.

Rolex are brilliant at marketing!

Watch on sale since 2months let s see how long the hype will lasts

[watchwatcher]

Originally Posted by AS1

but but but... I thought John Mayer said they would go for $30K?

LMAO.

[RGAmos]

I would pay maybe 3-4k$ over list from an AD, but never from a grey market dealer.

The Swiss watch industry is under considerable strain at the moment. July 2016 stainless steel sales have shown a decrease of about 10% relative to July 2015 sales and precious metals sales are down about 30% over the same period. For over a year, the industry has seen steadily decreasing sales. These stats are for the entire industry; Rolex does not release sales figures to the public. In the face of continuing sales declines, if the overall industry is representative of Rolex, we may see an increased availability of models like the ss Daytona which sell well.

I am curious what effect the availability of the new ceramic Daytona has had on sales of the TT models.

[Racerdj]

It is still a deal at 14-15K in my opinion.

[Rolex addict]

Originally Posted by Racerdj

It is still a deal at 14-15K in my opinion.

Quite honestly, I thought retail would be around $15k. I was pretty shocked that it was only $400 over the SS price.

[WillOdling]

Originally Posted by GB-man

I would have paid RRP as high as say....$15,000 Any higher than that would be too much for my liking, particularly without any new movement, case etc. If they had released a perfect 6263 big red recreation with a new movement... I could have been talked into 20k easily

The main issue is paying over retail for me. That's not something I'm interested in although I may cave this fall before my wedding if my AD doesn't come through.

Bamford have done their take on the vintage Daytona.....

[fskywalker]

I would not pay over MSRP for any watch; eventually they will go down. In the meantime am happy with my 116520




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[rodneygt3]

Well, just a like anything else for a new high end model (mass produced or not) with high demand cost is high. The VIPs and enthusiasts that want to be first will pay almost anything for the item. I see this all the time with Porsche cars. For example, the new model 911 R with a retail around $200K recently sold (was used) at an auction in London for over $1MM dollars. That is nuts and makes no sense for a car with 991 copies. New GT3 RSs for around $190K MSRP were going for over $300K. I believe the price is going down a little.

This is emotion and people show it with their wallets. I will purchase a "C" at MSRP and will most likely have to wait 2+ years, because I don't have the money or principal to throw away good money for an item I don't need.

[GB-man]

Originally Posted by WillOdling

Bamford have done their take on the vintage Daytona.....

Here's what I think of them...


bamford

[ouredis]

It's very inexpensive for what you get. You'd be laughed out of an AP boutique if you showed up with that kind of money. Great watch.

[ouredis]

Pretty sure it was going to sell immediately regardless of the MSRP. A few K would not scare off potential customers initially however it perhaps would have shortened the waiting lists.

[cornerstore]

US msrp of $12,400 is essentially unchanged since 2012 price list showing a msrp of $12k US for a SS Daytona. That makes it cheaper today when factoring in inflation . So little or no price pressure in US. Once market supply balances, those 50% premiums will be wiped out.

[Goin2drt]

Who are all these crazy people paying $18K for the Daytona C? I see that DavidSW gets them in and in a few days they are gone. These people are nuts paying a Sub C over retail for this watch. That is when you have more money than sense.

[SUPERDOC]

Originally Posted by cornerstore

US msrp of $12,400 is essentially unchanged since 2012 price list showing a msrp of $12k US for a SS Daytona. That makes it cheaper today when factoring in inflation . So little or no price pressure in US. Once market supply balances, those 50% premiums will be wiped out.

You have to also factor in the Strength of the US dollar -

Remember that AP and PP actually lowered prices

Obviously Rolex cannot lower prices, or they stand to lose some status as a veblen item...

But if you look at what your dollar now buys you in other markets, and look at (say Canada) where MSRP is only ~ 15% higher, yet your dollar is worth 30% more... you guys are actually paying more than before..

[cornerstore]

Originally Posted by SUPERDOC

You have to also factor in the Strength of the US dollar -

Remember that AP and PP actually lowered prices

Obviously Rolex cannot lower prices, or they stand to lose some status as a veblen item...

But if you look at what your dollar now buys you in other markets, and look at (say Canada) where MSRP is only ~ 15% higher, yet your dollar is worth 30% more... you guys are actually paying more than before..

US consumers buying in the US with US dollars have had a $12400 price point since 2012 and factoring in inflation it's cheaper now than in 2012. I'm in Canada and with our dollar our costs are higher by half the 30% drop against the US currency. My take is that 15% covers Rolexes exposure to the currency swings against the benchmark US prices. So if our dollar drops further we wil see half that drop reflected in higher prices in Canada.

[egiayna]

Pretty sure it was going to sell immediately regardless of the MSRP. A few K would not scare off potential customers initially however it perhaps would have shortened the waiting lists.

[Vaxe]

Great shot!

Originally Posted by fskywalker

I would not pay over MSRP for any watch; eventually they will go down. In the meantime am happy with my 116520




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