Prices not dropping?

[dawalsh]

Originally Posted by underpar

I was texting with a friend today about the prices coming down so he sent an inquiry to a well known grey dealer for his 2021 gently worn 126710BLRO full AD package.

The offer was $16,000. He forwarded me the offer so it is legit.

Anyone know what they were offering a couple months ago?

And that dealer guy will sell it at $21. They will try to make the same profit as before, the one who are losing profit is a flipper.

[underpar]

Originally Posted by dawalsh

And that dealer guy will sell it at $21. They will try to make the same profit as before, the one who are losing profit is a flipper.

I understand how it works but my point is that the C24 prices and most of the dealer listing prices are a joke.

It is also a significant price drop as I'm pretty certain that Grey's were paying over 20K a couple months ago.

[whiskyrolex]

Originally Posted by underpar

I was texting with a friend today about the prices coming down so he sent an inquiry to a well known grey dealer for his 2021 gently worn 126710BLRO full AD package.

The offer was $16,000. He forwarded me the offer so it is legit.

Anyone know what they were offering a couple months ago?

Well known greys always have and always will lowball you. The only reason he's making an offer at all is because it's a BLRO.

[Harry-57]

Originally Posted by Dr.Mehr

But those who purchased from the grey dealers will definitely loose one way or the other …

I've bought two Rolex watches from grey dealers.

Please explain how and what I will lose?