Case of Buyers Remorse...

[HONDABBQ]

I felt the same what after acquiring my first. I drive through a not so great part of town to get to work everyday, and I used to and still do sometimes, wow how could this 9k helped out that guy or girl. or, I could have put this 9k on my mortgage.
I talked to my friend who has been at this for 20 years or so. this was the analogies he posed to me. He said its better than spending money on a big trip as the trip is finished once you get home or you can keep the watch for 10 years, enjoy it, and sell it for what you paid. Its a Rolex, if you need fast liquid cash you can get it.

I thought about what he said and if I want or need to I can sell any of them to finish my mortgage if I wanted or need to, plus I can enjoy it for 10 years.

As long as your not jeopardizing your families future with a purchase, and all associated parties are fine with it, take the plunge and wear it, and enjoy the work put in to attain it.

[ajas]

Bought mine in 2012. Ok, I had to pay lump sum at front but after 5 years it represents 4.3 Usd a day and longer I keep daily cost is less.
Ok.. I will have to add 750 usd for service next year....but I will get literally new watch back.
No regrets

[WhiskyVerb]

Originally Posted by ajas

Bought mine in 2012. Ok, I had to pay lump sum at front but after 5 years it represents 4.3 Usd a day and longer I keep daily cost is less.
Ok.. I will have to add 750 usd for service next year....but I will get literally new watch back.
No regrets

Yes, to break it down like that makes good sense

[prozac51]

Send pics pls. Nothing more enjoyable than to share pics of your 'Barely Worn' sub.

On another note, hold up your sub against a cheaper watch. The weight, tactile turn of the bezel and winding should convince you it's nothing short of legendary.

Sent from my HTC_2Q4D100 using Tapatalk

[Jedi5]

Again thanks to all for the overwhelming responses on this thread.

I know when it is all said and done, I have 2 options:

Keep/enjoy the watch and stop whining
or
Sell it and stop whining


All joking aside, this purchase wasn't done on a whim.
I did take my take in this purchase.
For months I tried to read up and learn about your hobby.
I failed, so much I still don't know...

More than anything I wanted to hear from those of you that were
at one time also hit with buyers remorse.
Hear how some of you handled the same situation.

Originally Posted by prozac51

On another note, hold up your sub against a cheaper watch. The weight, tactile turn of the bezel and winding should convince you it's nothing short of legendary.

This is my cheaper everyday watch.
I've had this watch for some 8 years now I think, maybe more.
I love love this watch.
The feel, the weight, the look, and everything about it.

Problem is I know zero about this watch or the brand.
I've taken it to jewelers and they are all lost like I am.
Only thing they say is that is it really nice and automatic.

[Wcdhtwn]

Originally Posted by Jedi5

Again thanks to all for the overwhelming responses on this thread.

I know when it is all said and done, I have 2 options:

Keep/enjoy the watch and stop whining
or
Sell it and stop whining


All joking aside, this purchase wasn't done on a whim.
I did take my take in this purchase.
For months I tried to read up and learn about your hobby.
I failed, so much I still don't know...

More than anything I wanted to hear from those of you that were
at one time also hit with buyers remorse.
Hear how some of you handled the same situation.




This is my cheaper everyday watch.
I've had this watch for some 8 years now I think, maybe more.
I love love this watch.
The feel, the weight, the look, and everything about it.

Problem is I know zero about this watch or the brand.
I've taken it to jewelers and they are all lost like I am.
Only thing they say is that is it really nice and automatic.

So you love this Robert Automatic. I've never heard of the brand but that's neither here nor there. But looking at this watch it is definitely on the dressy side of the watch spectrum. The Sub, while perfectly fine in a dressy environment, is a casual looking watch. Perhaps for your $9,000 you wanted something on the dressier side like your Robert and it wasn't until after getting the Sub you realized that it isn't the look you were going for. Nothing wrong with that, the Sub isn't for everyone and many people simply like dressier watches.

If you want to give the Sub a chance then do so, but don't talk yourself into it. If it isn't what you want but keep it anyway then you've really lost $9,000. Or you could flip for something more to your liking and maybe lose a few hundred but get something you like. You could get a very nice IWC for about what you paid for the Sub, especially on the gray market. you could also get a killer Grand Seiko High Beat in that budget, truly excellent watches.

[ddaly12]

Gotta make sure your house is in order before you go buy some nice toys. Otherwise, you should feel bad, guilty, remorse, whatever. Take care of business first.

[superdog]

Originally Posted by ddaly12

Gotta make sure your house is in order before you go buy some nice toys. Otherwise, you should feel bad, guilty, remorse, whatever. Take care of business first.

also agree with this.

but it depends on how deep you go. some would say get rid of all debt, including a mortgage before buying luxury items.

some would say a mortgage is a good way to leverage money.

the point I am trying to make is that it is all relative. but agree with ddaly. if your house is in order, based on your perspective, then keep it. if not, sell it and move on.

[VicLeChic]

I know how you feel. I've experienced buyer's remorse myself with my first Rolex, a Yacht-Master 116622 plat dial a bit more than two years ago. At the beginning I was thinking about my baby boy. This was purely emotional, not based on a rational reason. I wasn't depriving him from anything. Bills were paid, savings were slowly building up. It's just that I felt guilty of spending that sort of money on a watch. Gorgeous piece but still, felt kind of obscene and inconsiderate. It went on for a couple of months and then I started to really enjoy wearing it. I'm glad I bought it and didn't miss on the opportunity because it’s given me lots of pleasure. It's now discontinued and prices preowned have gone up significantly, higher than what I paid for it new (33% off retail).

This year I was blessed with a baby girl. That didn’t stop me from buying my second Rolex, the SD43. This time around, I didn't go through buyer's remorse. My wife did not approve the purchase at all (“what? You’ve just blown 10k on a watch?”) but I did it out of my own savings, not family's. We have a joint family account and also our own separate accounts each. Anyway, I bought the SD43 first because it's my favorite sports Rolex ever and secondly as an investment. I know it might sound ridiculous to many but I took a punt on a hunch, being an anniversary edition and all that. So it’s a safe queen for now.

My only advice if I may is take your time before you decide what to do. A few years from now you might regret having sold it. Unless you are 100% sure you don’t want it and can return or flip it at no significant loss, give it a month or two. You might feel great about it later. My 2 cents.

[yhzdude]

Originally Posted by VicLeChic

I know how you feel. I've experienced buyer's remorse myself with my first Rolex, a Yacht-Master 116622 plat dial a bit more than two years ago. At the beginning I was thinking about my baby boy. This was purely emotional, not based on a rational reason. I wasn't depriving him from anything. Bills were paid, savings were slowly building up. It's just that I felt guilty of spending that sort of money on a watch. Gorgeous piece but still, felt kind of obscene and inconsiderate. It went on for a couple of months and then I started to really enjoy wearing it. I'm glad I bought it and didn't miss on the opportunity because it’s given me lots of pleasure. It's now discontinued and prices preowned have gone up significantly, higher than what I paid for it new (33% off retail).

This year I was blessed with a baby girl. That didn’t stop me from buying my second Rolex, the SD43. This time around, I didn't go through buyer's remorse. My wife did not approve the purchase at all (“what? You’ve just blown 10k on a watch?”) but I did it out of my own savings, not family's. We have a joint family account and also our own separate accounts each. Anyway, I bought the SD43 first because it's my favorite sports Rolex ever and secondly as an investment. I know it might sound ridiculous to many but I took a punt on a hunch, being an anniversary edition and all that. So it’s a safe queen for now.

My only advice if I may is take your time before you decide what to do. A few years from now you might regret having sold it. Unless you are 100% sure you don’t want it and can return or flip it at no significant loss, give it a month or two. You might feel great about it later. My 2 cents.

Haha sounds like my story..got an SD43...my wife does not know about yet.she is against it had the watch for a couple of weeks and wore it 3 times...
Gonna break the news at some point..I am.scared

Sent from my SM-N910W8 using Tapatalk

[WhiskyVerb]

Originally Posted by VicLeChic

...but I did it out of my own savings, not family's. We have a joint family account and also our own separate accounts each.

^^^Yes ^^^^

[superdog]

give it some time. that feeling goes away.

but it depends on your finances. either way, you will not take a hit on this watch. or at least not a big one. they are just going up in demand. so if you ever need the money, it won't be an issue to move it.

you live one time. and maybe you should be a little selfish.

[Mystro]

Rolex is a luxury purchase. If you can’t accept it in that category, it will seem uncomfortable spending that kind of money on it. It’s a normal reaction you are having and sometimes buying a watch at this price point for a monumental occasion makes wearing and justifying it easier at first. I recomend wearing the watch for 2 weeks strait and make it part of your routine. Think of your Rolex purchase as the last watch you ever will need to buy and begin start making memories with it on your wrist. It’s the memories with the watch on your wrist that will ease any guilt of purchase.

[subtona]

Absolutely have had buyers remorse and it usually has passed and left only joy behind.


If you are concerned with the family being shortchanged in the deal, just commit future fun money to them. Your watch will bring you joy for the rest of your years.

[Jedi5]

All, thanks again for the insightful information and sharing your experiences when some of you were in the boat as I find myself currently.

No, this purchase in no way set my family back financially.
If it would have or I thought it would have, I would have never made such a purchase.

It's the feeling of being selfish that is bothering me.
Nothing more.

Here is the example I can share with you I guess.
From my username, I'm a huge Star Wars fan.
I'll be your resident Star Wars nerd.

At onetime, I was huge in vintage SW collectibles.
One of kinds, prototypes, all vintage from 77-90ish.

Then you have kids and I couldn't justify my hobby anymore.
I stopped collecting but kept my collection.
My collection was put away and collected dust for about 10yrs.

Last year I sold about 95% of my collection and with money bought my
wife a BMW.
Now her and kids all enjoy the vehicle.

Who knows, maybe down the road I'll sell the Sub and with the money from the sale I can do something like that again.
Treat the family to something nice!

Thanks again everyone!

[Dirt]

Originally Posted by Jedi5

All, thanks again for the insightful information and sharing your experiences when some of you were in the boat as I find myself currently.

No, this purchase in no way set my family back financially.
If it would have or I thought it would have, I would have never made such a purchase.

It's the feeling of being selfish that is bothering me.
Nothing more.

Here is the example I can share with you I guess.
From my username, I'm a huge Star Wars fan.
I'll be your resident Star Wars nerd.

At onetime, I was huge in vintage SW collectibles.
One of kinds, prototypes, all vintage from 77-90ish.

Then you have kids and I couldn't justify my hobby anymore.
I stopped collecting but kept my collection.
My collection was put away and collected dust for about 10yrs.

Last year I sold about 95% of my collection and with money bought my
wife a BMW.
Now her and kids all enjoy the vehicle.

What an absolute waste of money.

You say you spent years pursuing a legitimate hobby. Then did the right thing by suspending it in order to prioritise your family

Then you go and liquidate a large portion of your collection. (I assume you rightly kept the cream of it or the pieces that you simply enjoy the most.)

Then you go and buy a Beemer of some description
That's the absolute tragedy there.
Firstly it's a BMW.
Secondly your family are cruising around good sorting them selves in an overated mid grade marque that's depreciating at a rate that's inverse to the value of a well put together SW collection which costs you nothing to hold but take up some space. Or equally a cornerstone SS model Rolex.

And now you are having feelings of buyers remorse over the Rolex
Sorry but i think you may need a little more help than this forum can ever provide

[superdog]

Originally Posted by Dirt

What an absolute waste of money.

You say you spent years pursuing a legitimate hobby. Then did the right thing by suspending it in order to prioritise your family

Then you go and liquidate a large portion of your collection. (I assume you rightly kept the cream of it or the pieces that you simply enjoy the most.)

Then you go and buy a Beemer of some description
That's the absolute tragedy there.
Firstly it's a BMW.
Secondly your family are cruising around good sorting them selves in an overated mid grade marque that's depreciating at a rate that's inverse to the value of a well put together SW collection which costs you nothing to hold but take up some space. Or equally a cornerstone SS model Rolex.

And now you are having feelings of buyers remorse over the Rolex
Sorry but i think you may need a little more help than this forum can ever provide

Lmao. I can’t help but agree with all of this. Well said.

[FTX I]

Originally Posted by Jedi5

All, thanks again for the insightful information and sharing your experiences when some of you were in the boat as I find myself currently.

No, this purchase in no way set my family back financially.
If it would have or I thought it would have, I would have never made such a purchase.

It's the feeling of being selfish that is bothering me.
Nothing more.

Here is the example I can share with you I guess.
From my username, I'm a huge Star Wars fan.
I'll be your resident Star Wars nerd.

At onetime, I was huge in vintage SW collectibles.
One of kinds, prototypes, all vintage from 77-90ish.

Then you have kids and I couldn't justify my hobby anymore.
I stopped collecting but kept my collection.
My collection was put away and collected dust for about 10yrs.

Last year I sold about 95% of my collection and with money bought my
wife a BMW.
Now her and kids all enjoy the vehicle.

Who knows, maybe down the road I'll sell the Sub and with the money from the sale I can do something like that again.
Treat the family to something nice!

Thanks again everyone!

I'd say strap that Sub on your wrist again and enjoy the the heck out of it. Life is too short. May the force be with you.

[AK797]

Originally Posted by Jedi5

All, thanks again for the insightful information and sharing your experiences when some of you were in the boat as I find myself currently.

No, this purchase in no way set my family back financially.
If it would have or I thought it would have, I would have never made such a purchase.

It's the feeling of being selfish that is bothering me.
Nothing more.

Here is the example I can share with you I guess.
From my username, I'm a huge Star Wars fan.
I'll be your resident Star Wars nerd.

At onetime, I was huge in vintage SW collectibles.
One of kinds, prototypes, all vintage from 77-90ish.

Then you have kids and I couldn't justify my hobby anymore.
I stopped collecting but kept my collection.
My collection was put away and collected dust for about 10yrs.

Last year I sold about 95% of my collection and with money bought my
wife a BMW.
Now her and kids all enjoy the vehicle.

Who knows, maybe down the road I'll sell the Sub and with the money from the sale I can do something like that again.
Treat the family to something nice!

Thanks again everyone!

Time to stop being a martyr and live a little for yourself. Believe me if you don't it gets draining for those around you.

[watchwatcher]

Originally Posted by AK797

Time to stop being a martyr and live a little for yourself. Believe me if you don't it gets draining for those around you.

Excellent point, Neil. And...the longer this thread goes on, I get the distinct impression the OP wants to be a martyr and for all of us to express our sympathy.

I'm done. OP you need to understand...this is where we watch enthusiasts come to discuss our passion. Not to listen to somebody whining about they think they spent too much money. If you don't have said money, stay out of the game.

Best of luck.

[bradyb]

I have "buyer's guilt" every time I spend money on anything - needed or not. And the best way to get over it is to just buy more things. Just joking. Sort of.

[jets]

I just look at it as parking my money. I bought a Deepsea in 2009 for 8500CAD used it like a rented mule until 2015 and sold it for 8000 fast money. We were moving and I wanted to free up some captial. Basically it cost me 100 a year to enjoy a great watch hands clean.

[Casey VP-26]

Its only money, If you love the watch, Wear it and enjoy it. Good Luck.

[worldfamoussam]

I did the same thing with a Sub about six months ago, shortly after buying a Day-Date. I think I was expecting the same sugar high from the second one, and I returned it. If you're not into it and you can return it, I say do so - they'll still sell them later, and you'll have your money for something you really want.

[OgSnowflake]

Who buys their first Rolex and leaves it in the box with the stickers on for a week? You should feel terrible

[RolexDad]

Sleep on it. Then go with your gut.

Maybe give yourself a couple weeks to get used to the idea of the money being in watch-form rather than cash-form. See how you feel at that time, then either strap it on your wrist or start making moves to sell it. Either way, don't beat yourself up about it.

[JnmEaton]

You sound like a wonderfully generous person! It's a terrific attribute but I will say that if your wife is okay with the purchase then why aren't you? There are hundreds of "should I buy..." or "am I financially secure enough for a Rolex..." threads but you seems to have the inverse thinking. You are financially secure but think you should spend on others. Enjoy this gift to yourself. I too haven't bought another watch because I have my grail. I'm content. You didn't buy the $30 or $40k PM watch but the very popular SS Sub that will surely hold it's value. I would say you made a thoughtful choice and spent well. Cheers!

[yannis]

OK, so you feel bad about it but you seem to ignore one parameter. Selling the watch can more or less return the same amount you spent acquiring it back to your pocket.

So why not enjoy it for as long as you can and think over it in the longer term?

It is not like you gambled the money or spent it in cologne and booze or even on a brand new car.

You kind of placed it on an asset that is not depreciating. Plus you get the satisfaction of actually wearing the watch (well once you put it out of the box and back on your wrist again). Just think about it from this perspective man.

[rolexchilla]

Sell the watch, spend the money on a trip with your family that you and they will remember for the rest of your lives. The watch holds NO VALUE compared to your family.

[melrob1]

Originally Posted by yannis

ok, so you feel bad about it but you seem to ignore one parameter. Selling the watch can more or less return the same amount you spent acquiring it back to your pocket.

So why not enjoy it for as long as you can and think over it in the longer term?

It is not like you gambled the money or spent it in cologne and booze or even on a brand new car.

You kind of placed it on an asset that is not depreciating. Plus you get the satisfaction of actually wearing the watch (well once you put it out of the box and back on your wrist again). Just think about it from this perspective man.

this!