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Jhaybird · 12 February 2009, 06:15 AM

Trying to decide if it's worth buying a used Blue. Submariner. I find early 90's 16613's for about $4750 and found one place selling 2008--new $6800.
My thinking is my new sub will be worth $6800 in 15 years so in effect I don't loose anything. Anybody know what a 1992 blue rolex sold for in 1992? Or know what the depreciation of a 16613 is?
thanks for your input.

GeoGio Greece · 12 February 2009, 06:20 AM

Sorry for asking, but are you buying a watch to enjoy or to make an investment ?

Why don't you buy shares instead ?

Brunotheboxer · 12 February 2009, 06:29 AM

Quote:

Originally Posted by GeoGio Greece

Sorry for asking, but are you buying a watch to enjoy or to make an investment ?

Why don't you buy shares instead ?

Shares in what?

He might lose everything if he buys shares.

GeoGio Greece · 12 February 2009, 06:32 AM

Quote:

Originally Posted by Brunotheboxer

Shares in what?

He might lose everything if he buys shares.

....shares of ROLEX SA

Jhaybird · 12 February 2009, 06:38 AM

Both

Rolexitis · 12 February 2009, 06:40 AM

I would buy newer than 90's if you have the opportunity. Just my .02

Jay check out the FS section here on TRF and look up member TempoKing as well. He has BNIB 16613 for around $6500 from time to time......Also welocme to TRF! enjoy your stay...

Jhaybird · 12 February 2009, 06:40 AM

G- Just trying to get a fair deal man. What's your issue with my question?

GeoGio Greece · 12 February 2009, 07:01 AM

Quote:

Originally Posted by Jhaybird

G- Just trying to get a fair deal man. What's your issue with my question?

Trying to understand your point of view.

Buying new, you loose immediately part of the value, but if you intent to keep it for years, this is the right approach, as you have a watch that you know will last.

Buying pre-owned, especially of an age more than 5-7 years, you save money, but you may also face problems, as you do not know what the watch has been through.

In both cases, in a future projection, the money loss is the same, start low you go much lower, (unless you end up with a rare vintage which in the blue is not the case), or start higher and end in middle.

So, to me, check your finances and proceed accordingly.

I would go for a used, as I would have the same watch with less money, but not that old.

P.S. When you ask an open question, you shall be prepared to get many answers. My question was not to insault you, but to exprore the reasons why you set such a question.

chenx15 · 12 February 2009, 06:28 AM

used my man! if you know the buyer then go used! but if you are not then buy from an AD

Norm · 12 February 2009, 06:45 AM

The new one is a great deal. I bought my 16613 new from an AD in March of '08 for $7400 with tax.

touchdowntodd · 12 February 2009, 06:45 AM

for about $5k you should be able to do better than a 90s model... unless it JUST had service..

rolex_addict · 12 February 2009, 07:04 AM

its a no brainer! get the new!

TempoKing · 12 February 2009, 07:11 AM

The retail price for a 16613 in 1992 was around $4,750 - $4900

I will buy new (2009) for only $6,675.-

for sale at TRF....Much cheaper in comparison than 17 years ago ...

Rolexitis · 12 February 2009, 07:13 AM

Quote:

Originally Posted by TempoKing

The retail price for a 16613 in 1992 was arounf $4,750.

I find the new 2009 price of $6,675.- for sale at TRF to be cheaper in comparison

BTW A: the wifey said NO to my proposal of our deal, but I am still setting my sights on that 16613..

chenx15 · 12 February 2009, 07:18 AM

talk to tempoking first!

Bisquitlips · 12 February 2009, 08:38 AM

Quote:

Originally Posted by chenx15

talk to tempoking first!

X 10!! When wanting a new one he is the best I have seen!

yannis · 12 February 2009, 08:03 AM

I would get a second hand in a good price if i wanted to have my money back the day after i bought the watch!

Perdu · 12 February 2009, 09:16 AM

Used. The early 90s Sub will not have SEL and the clasp on the TT bracelet is steal, not gold. Very nice watch.

sea-dweller · 12 February 2009, 02:07 PM

I would buy new. The bracelets on the 16613's can stretch over time, due to it's bi-metal construction. $4700 for a early 90's 16613 is not that great of a deal, as others have pointed out. If you are going to buy to wear for a long time, buy new !

12 February 2009, 06:15 AM	#1
Jhaybird "TRF" Member Join Date: Feb 2009 Location: Denver Posts: 4	New 16613 blue sub or Used Trying to decide if it's worth buying a used Blue. Submariner. I find early 90's 16613's for about $4750 and found one place selling 2008--new $6800. My thinking is my new sub will be worth $6800 in 15 years so in effect I don't loose anything. Anybody know what a 1992 blue rolex sold for in 1992? Or know what the depreciation of a 16613 is? thanks for your input.

12 February 2009, 06:20 AM	#2
GeoGio Greece "TRF" Member Join Date: Dec 2008 Real Name: George Location: Athens, Greece Watch: es --> A lot ! Posts: 2,327	Sorry for asking, but are you buying a watch to enjoy or to make an investment ? Why don't you buy shares instead ? __________________ Rolex owner since 1971. 5513 and 16700 the loved ones. DJ WG Jubilee 16170 for wife - U series Oyster Perpetual WG 177234 for daughter V-series

12 February 2009, 06:40 AM	#6
Rolexitis "TRF" Member Join Date: May 2008 Real Name: Matt Location: Earth Watch: 114060 Posts: 3,203	I would buy newer than 90's if you have the opportunity. Just my .02 Jay check out the FS section here on TRF and look up member TempoKing as well. He has BNIB 16613 for around $6500 from time to time......Also welocme to TRF! enjoy your stay... __________________ Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

12 February 2009, 06:28 AM	#9
chenx15 "TRF" Member Join Date: Oct 2008 Location: somewhere Posts: 2,891	used my man! if you know the buyer then go used! but if you are not then buy from an AD __________________ 16 GS Titles 16 AMS titles (1 short of Agassi) 23 Consecutive GS semifinals 17/18 of the last GS finals, 237 consecutive weeks #1 5 consecutive wimbledon + 1 = 6 cups 5 consecutive US open 4 Australian open 1 Sweet french open a crown for every achievement The Greatest Of All Time loves Rolex

12 February 2009, 06:45 AM	#11
touchdowntodd "TRF" Member Join Date: Jan 2009 Real Name: Todd (Richard) Location: Milwaukee, WI Watch: Deep Sea Sea Dwell Posts: 535	for about $5k you should be able to do better than a 90s model... unless it JUST had service.. __________________ 2013 DSSD! (ME) M Series OP No Date,White Arabic,Smooth Bezel(WIFE) Yachtmaster 1 SS/PLAT (wife)

12 February 2009, 06:38 AM	#5
Jhaybird "TRF" Member Join Date: Feb 2009 Location: Denver Posts: 4	Both

12 February 2009, 06:45 AM	#10
Norm Member Join Date: Mar 2008 Location: MA Posts: 414	The new one is a great deal. I bought my 16613 new from an AD in March of '08 for $7400 with tax.

12 February 2009, 07:04 AM	#12
rolex_addict "TRF" Member Join Date: Apr 2008 Location: . Posts: 831	its a no brainer! get the new!

12 February 2009, 07:11 AM	#13
TempoKing Banned Join Date: Jan 2008 Real Name: Anastasios Location: Athens Greece Watch: Rolex GMT 1675 Posts: 8,497	The retail price for a 16613 in 1992 was around $4,750 - $4900 I will buy new (2009) for only $6,675.- for sale at TRF....Much cheaper in comparison than 17 years ago ...

12 February 2009, 07:18 AM	#15
chenx15 "TRF" Member Join Date: Oct 2008 Location: somewhere Posts: 2,891	talk to tempoking first! __________________ 16 GS Titles 16 AMS titles (1 short of Agassi) 23 Consecutive GS semifinals 17/18 of the last GS finals, 237 consecutive weeks #1 5 consecutive wimbledon + 1 = 6 cups 5 consecutive US open 4 Australian open 1 Sweet french open a crown for every achievement The Greatest Of All Time loves Rolex

12 February 2009, 08:03 AM	#17
yannis "TRF" Member Join Date: Nov 2008 Real Name: Yannis Location: Europe Watch: maniac Posts: 9,070	I would get a second hand in a good price if i wanted to have my money back the day after i bought the watch! __________________ Rolex Submariner 116610LV \| Tudor 79220N DSSD MEMBERS - OWNERS CLUB

12 February 2009, 09:16 AM	#18
Perdu "TRF" Member Join Date: Jul 2007 Real Name: Gary Location: GMT-6 Watch: GMT Posts: 3,350	Used. The early 90s Sub will not have SEL and the clasp on the TT bracelet is steal, not gold. Very nice watch. __________________ Omega Seamaster 300M GMT Noire Omega Seamaster Aqua Terra 8500 Benson 1937 Sterling Silver Hunter

12 February 2009, 02:07 PM	#19
sea-dweller "TRF" Member Join Date: Oct 2007 Real Name: Dennis Location: Bay Area - 925 Posts: 40,018	I would buy new. The bracelets on the 16613's can stretch over time, due to it's bi-metal construction. $4700 for a early 90's 16613 is not that great of a deal, as others have pointed out. If you are going to buy to wear for a long time, buy new ! __________________ TRF Member #6699 (since September 2007)

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