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Colorado1492 · 23 October 2023, 04:57 AM

Visiting family in boca. Stopped in an AD Mayors Jewelers in boca mall. Offering 12 months interest free loan with Wells Fargo for rolex. CPO hulk 2019 30K, 2019 batman CPO 21.5K, CPO 2021 gmt black dial 16.5k . Tides are turning for retail.

Topspin14m · 23 October 2023, 06:31 AM

Those are obscene prices. So high they should be illegal.

Gandor · 23 October 2023, 06:57 AM

You can get a 2023 batman for like 16k nowadays.

rick lee · 23 October 2023, 07:07 AM

I saw a Batman for $21.5k yesterday at an AD's used section. Don't recall which year, but that price was obscene if brand new. Another reseller nearby told me their last Pepsi went for $21.5k.

LJubel328 · 23 October 2023, 07:07 AM

Loans for watches and just about everything these days. I can only imagine how terrible the rates are once the interest kicks in.

I really hope people are smart enough to not engage is this sort of behavior.

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BriansRolex · 23 October 2023, 07:09 AM

There's other jewelers in Boca with great Rolex inventory although they're not ADs

996marty · 23 October 2023, 08:13 AM

Those CPO prices are insane

jb335 · 23 October 2023, 08:16 AM

Quote:

Originally Posted by 996marty

Those CPO prices are insane

What he said.

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jb335 · 23 October 2023, 08:18 AM

lol, anyone remember when CPO was first announced some members here would argue the ADs would have to list the CPO watches for LESS than MSRP?!?

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Kinnakeet · 23 October 2023, 08:18 AM

Quote:

Originally Posted by Colorado1492

Visiting family in boca. Stopped in an AD Mayors Jewelers in boca mall. Offering 12 months interest free loan with Wells Fargo for rolex. CPO hulk 2019 30K, 2019 batman CPO 21.5K, CPO 2021 gmt black dial 16.5k . Tides are turning for retail.

I stop by that location from time to time and find the used watch prices quite high and the sales staff overly aggressive.

inadeje · 23 October 2023, 08:21 AM

Absurd pricing indeed. Some idiot will pay though.

ingoodtime · 23 October 2023, 10:13 AM

Horrible prices.

russ86 · 23 October 2023, 10:47 AM

One of my friends just got a brand new batman for 15.5

Easy E · 23 October 2023, 11:16 AM

Quote:

Originally Posted by Topspin14m

Those are obscene prices. So high they should be illegal.

Quote:

Originally Posted by 996marty

Those CPO prices are insane

Quote:

Originally Posted by jb335

What he said.

Yep.

mquarter · 23 October 2023, 11:44 AM

The CPO sellers are really overvaluing the "certified" bit that's for sure.

GotRolex · 23 October 2023, 02:01 PM

CPO is gangster

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Ensign · 23 October 2023, 03:45 PM

Bizarro world - used watches going for more than new. I know it’s been like that for a few years, but I am still shocked. Feel bad for the nervous dudes who pay those CPO prices.

duquephart · 23 October 2023, 05:42 PM

Quote:

Originally Posted by Kinnakeet

I stop by that location from time to time and find the used watch prices quite high and the sales staff overly aggressive.

And you still stop by?

travisb · 23 October 2023, 09:37 PM

The prices are ridiculous.

1William · 23 October 2023, 09:42 PM

The CPO is not for informed consumers. It is for someone that wants a watch and the security the program offers through a brick and mortar store.

cbalster · 23 October 2023, 10:26 PM

I'm still paying off my chipotle burrito that I financed with Affirm. Once I do that and get my credit back up, I will look into financing my next watch.

Calatrava r · 23 October 2023, 10:48 PM

Most ADs offer free interest for a year on purchases and did on Rolex buys also through a bank. I have read in threads here that some ADs are no longer offering such incentives on new Rolexes at MSRP.

mfnj · 23 October 2023, 10:51 PM

another vote for 'insane" CPO pricing at the AD. CPO watches are a good idea in theory but the AD's view it as a mechanism to drive profit. Unfortunately for them, the "educated" buyer will pass on them but as others have said there are enough other buyers to make it worth their while. Although, with a crazy economic environment it is possible the CPO model for the AD's might have missed the market. Imagine if it was introduced 12 months to 18 months ago!

Willyjo · 24 October 2023, 12:32 AM

These prices are optimistic and unrealistic.

Much cheaper in Singapore. Come here, have a holiday and still have $ in your wallet.

Check out carousel.com for pricing here.

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Topspin14m · 24 October 2023, 12:45 AM

Quote:

Originally Posted by mfnj

another vote for 'insane" CPO pricing at the AD. CPO watches are a good idea in theory but the AD's view it as a mechanism to drive profit. Unfortunately for them, the "educated" buyer will pass on them but as others have said there are enough other buyers to make it worth their while. Although, with a crazy economic environment it is possible the CPO model for the AD's might have missed the market. Imagine if it was introduced 12 months to 18 months ago!

The conspiracy theorist in me thinks that they are artificially pricing these watches to elevate the new ones they sell even more. Meaning, they get you thinking what you are buying is instantly worth 3X (see what we are selling a used one for?) and then they get you to bundle with jewelry and other things. Just drives up the exclusivity of what they are selling you.

Kinnakeet · 24 October 2023, 01:13 AM

Quote:

Originally Posted by duquephart

And you still stop by?

Yes, every time I get to Boca.

DBCooper07 · 24 October 2023, 02:43 AM

CPO is nuts! I got my Sub after 3 years thru the pandemic bull$hit, on list for GMT, if it ever comes in i'll be happy at MSRP... I'm not playing the Rolex GREY/CPO games. My Sub is a perfectly great 1 watch collection ;)

23 October 2023, 04:57 AM	#1
Colorado1492 "TRF" Member Join Date: Jul 2016 Location: Colorado Posts: 67	South florida AD Visiting family in boca. Stopped in an AD Mayors Jewelers in boca mall. Offering 12 months interest free loan with Wells Fargo for rolex. CPO hulk 2019 30K, 2019 batman CPO 21.5K, CPO 2021 gmt black dial 16.5k . Tides are turning for retail.

23 October 2023, 06:57 AM	#3
Gandor "TRF" Member Join Date: May 2022 Location: USA Posts: 283	You can get a 2023 batman for like 16k nowadays. __________________ 15510ST Green \| 15720ST Gray \| 26393QT Taupe \| 116400GV \| 126234 Mint

23 October 2023, 08:21 AM	#11
inadeje 2024 SubLV41 Pledge Member Join Date: Jan 2013 Location: Miami Watch: me lose count. Posts: 5,907	Absurd pricing indeed. Some idiot will pay though. __________________ ♛ 218206 Roman ♛ 116689 ♛ 126710BLRO ♛ 16520 white ♛ 16523 white ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1R-001 - AP 26331ST Panda - Panerai Bronzo 671 & 111, Ω Speedmaster 1957 Broad Arrow, Cartier Santos XL - Montblanc TimeWalker Chrono 41

23 October 2023, 10:13 AM	#12
ingoodtime "TRF" Member Join Date: Sep 2008 Location: USA Posts: 2,834	Horrible prices. __________________ Lee

23 October 2023, 11:44 AM	#15
mquarter "TRF" Member Join Date: Apr 2020 Location: Asia Watch: 5-digit steel Posts: 384	The CPO sellers are really overvaluing the "certified" bit that's for sure. __________________ ♛ Submariner 14060m, 2-line ♛ Explorer II 16570, polar ♛ Cosmograph Daytona 16520, white dial

23 October 2023, 06:31 AM	#2
Topspin14m "TRF" Member Join Date: Feb 2019 Location: United States Posts: 450	Those are obscene prices. So high they should be illegal.

23 October 2023, 07:07 AM	#4
rick lee 2024 Pledge Member Join Date: Apr 2020 Location: Arizona Watch: BLRO Posts: 211	I saw a Batman for $21.5k yesterday at an AD's used section. Don't recall which year, but that price was obscene if brand new. Another reseller nearby told me their last Pepsi went for $21.5k.

23 October 2023, 07:07 AM	#5
LJubel328 "TRF" Member Join Date: Jan 2019 Location: U.S. Posts: 857	Loans for watches and just about everything these days. I can only imagine how terrible the rates are once the interest kicks in. I really hope people are smart enough to not engage is this sort of behavior. Sent from my iPhone using Tapatalk

23 October 2023, 07:09 AM	#6
BriansRolex "TRF" Member Join Date: Aug 2021 Location: United States Posts: 721	There's other jewelers in Boca with great Rolex inventory although they're not ADs

23 October 2023, 08:13 AM	#7
996marty "TRF" Member Join Date: May 2019 Location: Uk Watch: RolexGMT/Tudor7928 Posts: 4,182	Those CPO prices are insane

23 October 2023, 08:18 AM	#9
jb335 2024 Pledge Member Join Date: Jan 2017 Location: The States Watch: Cosmograph Daytona Posts: 7,464	lol, anyone remember when CPO was first announced some members here would argue the ADs would have to list the CPO watches for LESS than MSRP?!? Sent from my iPhone using Tapatalk

23 October 2023, 10:47 AM	#13
russ86 "TRF" Member Join Date: Mar 2018 Real Name: Ross C. Location: Miami, FL. Posts: 964	One of my friends just got a brand new batman for 15.5

23 October 2023, 02:01 PM	#16
GotRolex "TRF" Member Join Date: Jul 2022 Location: CA Posts: 189	CPO is gangster Sent from my iPhone using Tapatalk

23 October 2023, 03:45 PM	#17
Ensign "TRF" Member Join Date: Jul 2018 Location: America Posts: 715	Bizarro world - used watches going for more than new. I know it’s been like that for a few years, but I am still shocked. Feel bad for the nervous dudes who pay those CPO prices.

23 October 2023, 09:37 PM	#19
travisb 2024 SubLV41 Pledge Member Join Date: Aug 2009 Real Name: Travis Location: FL / NYC Watch: Yes.. Posts: 33,493	The prices are ridiculous.

23 October 2023, 09:42 PM	#20
1William 2024 SubLV41 Pledge Member Join Date: Nov 2010 Location: North Carolina Watch: Rolex/Others Posts: 47,776	The CPO is not for informed consumers. It is for someone that wants a watch and the security the program offers through a brick and mortar store.

23 October 2023, 10:26 PM	#21
cbalster "TRF" Member Join Date: Mar 2019 Location: Hillsborough Posts: 744	I'm still paying off my chipotle burrito that I financed with Affirm. Once I do that and get my credit back up, I will look into financing my next watch.

23 October 2023, 10:48 PM	#22
Calatrava r 2024 SubLV41 Pledge Member Join Date: Mar 2017 Location: United States Watch: Rolex and Patek Posts: 11,420	Most ADs offer free interest for a year on purchases and did on Rolex buys also through a bank. I have read in threads here that some ADs are no longer offering such incentives on new Rolexes at MSRP.

23 October 2023, 10:51 PM	#23
mfnj 2024 Pledge Member Join Date: Jan 2012 Location: NJ, USA Posts: 630	another vote for 'insane" CPO pricing at the AD. CPO watches are a good idea in theory but the AD's view it as a mechanism to drive profit. Unfortunately for them, the "educated" buyer will pass on them but as others have said there are enough other buyers to make it worth their while. Although, with a crazy economic environment it is possible the CPO model for the AD's might have missed the market. Imagine if it was introduced 12 months to 18 months ago!

24 October 2023, 12:32 AM	#24
Willyjo 2024 Pledge Member Join Date: Apr 2020 Location: Singapore Posts: 1,330	These prices are optimistic and unrealistic. Much cheaper in Singapore. Come here, have a holiday and still have $ in your wallet. Check out carousel.com for pricing here. Sent from my iPhone using Tapatalk

24 October 2023, 02:43 AM	#27
DBCooper07 "TRF" Member Join Date: Dec 2021 Location: USA Watch: 124060 Posts: 177	CPO is nuts! I got my Sub after 3 years thru the pandemic bull$hit, on list for GMT, if it ever comes in i'll be happy at MSRP... I'm not playing the Rolex GREY/CPO games. My Sub is a perfectly great 1 watch collection ;) __________________ - 124060

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