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Old 28 August 2024, 09:47 AM   #1
chhatre9
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30k budget with falling prices
Title says it all.

What would you eye? WG sub with blue bezel? Couple of SS GMTs? SS AP?

Or wait and see where the bottom is?


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Old 28 August 2024, 09:49 AM   #2
nyc2la
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Oysterflex Daytona
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Old 28 August 2024, 09:54 AM   #3
BriansRolex
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Prices have been stable for a while I don't think prices are falling as you suggest buy what you like now and don't try and time the market with a crystal ball
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Old 28 August 2024, 10:17 AM   #4
huncho
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it depends. no one knows where the bottom is but there are great prices across the board except for some models so i would be heavily considering buying pieces i've been waiting to buy
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Old 28 August 2024, 10:21 AM   #5
amphr1
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Quote:
Originally Posted by chhatre9 View Post
Or wait and see where the bottom is?
Trying to time the market, huh? How do you know we're not already there?

I think you buy when you think it's a good price for you and then don't look at the market again. For example, if Panda Daytona is $20k, I'd buy one right away. But that's because I don't want it that badly, otherwise I might raise my price level.
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Old 28 August 2024, 10:35 AM   #6
Kevin of Larchmont
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I would spend my energy determining which watch I truly desired most rather than wasting it on trying to time the market.
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Old 28 August 2024, 10:40 AM   #7
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No point in speculating, but to answer the question, I would definitely go for something PM. Pricing is under msrp on many.
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Old 28 August 2024, 11:38 AM   #8
chhatre9
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It is a little nuts. I saw a panda on Davidsw for upper 20s. WG sub for 30. RG DD 45kish. Oh well, no crystal ball
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Old 28 August 2024, 11:44 AM   #9
Kenny G
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Buy when you’re comfortable with the price on a watch you truly love/want. Take comfort that’s it likely a lot cheaper than it would have been before. If it’s value goes up in the future, great…if it goes down a bit, who cares…

Don’t wait for a bottom..you’ll never know once you’re actually there.
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Old 28 August 2024, 11:47 AM   #10
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I would try looking for a nice Patek annual calendar in the 30-40k range.
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Old 28 August 2024, 12:11 PM   #11
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Quote:
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Prices have been stable for a while I don't think prices are falling as you suggest buy what you like now and don't try and time the market with a crystal ball
Watchcharts would definitely say differently. We aren’t at the bottom. Great podcast on this https://podcasts.apple.com/ca/podcas...=1000665855707 or Spotify https://open.spotify.com/episode/4uz...TBqxAcg3tsyhKw
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Old 28 August 2024, 12:18 PM   #12
1259
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This is what I would do too
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Old 28 August 2024, 02:52 PM   #13
996marty
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How can anyone possibly know at what point the market has or will bottom out? Buy what you really like at a price point that you are comfortable with would be my recommendation
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Old 28 August 2024, 03:06 PM   #14
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Oysterflex daytona or something else in precious metal. Yachtmaster


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Old 28 August 2024, 04:02 PM   #15
matthew P
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If I had 30k to chase a fun Rolex this would be a front runner


..Explorer, Spring Diver & APRO..
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Old 28 August 2024, 04:24 PM   #16
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I would get a no date submariner
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Old 28 August 2024, 04:48 PM   #17
Rolexatlast
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Trying to time the bottom of the market is near impossible, but prices are still falling.

When you do decide to take the plunge, make sure you haggle hard, as Grey asking prices are optimistic
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Old 28 August 2024, 05:12 PM   #18
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Get a Pepsi - then have a curry and few beers ..
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Old 28 August 2024, 05:25 PM   #19
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If you're happy to wait, wait until WatchCharts overall index rises 5%, then buy:

https://watchcharts.com/watches/price_index
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Old 28 August 2024, 05:43 PM   #20
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If the watch you really want isn't calling to you it's time to wait.
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Old 28 August 2024, 06:02 PM   #21
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Quote:
Originally Posted by chhatre9 View Post
Title says it all.

What would you eye? WG sub with blue bezel? Couple of SS GMTs? SS AP?

Or wait and see where the bottom is?


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Nothing in todays Rolex line up excites me so if I had 30K spare it would most certainly be not used on any watches.
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Old 28 August 2024, 06:16 PM   #22
ronricks
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Quote:
Originally Posted by BriansRolex View Post
Prices have been stable for a while I don't think prices are falling as you suggest buy what you like now and don't try and time the market with a crystal ball
Prices are falling by the week.
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Old 28 August 2024, 06:38 PM   #23
rootbeer7
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Vintage for me. 1680/8 blue nipple Submariner.
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Old 28 August 2024, 07:48 PM   #24
travisb
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If it wasn't on my radar before, the market isn't going to dictate what I'm buying.
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Old 28 August 2024, 11:03 PM   #25
BriansRolex
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Prices are falling by the week.
Not on any of the models I've been watching/tracking
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Old 29 August 2024, 02:17 AM   #26
prnceofpersia23
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From Rolex, RG YM40 or WG Sub.

AP RO at $30k would be a stretch. A Vacheron Overseas would be a better priced option.
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Old 29 August 2024, 02:30 AM   #27
enjoythemusic
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Depends on what one has already for timepieces. Here's my choice to add:

Name: HMoser_purple-haze.jpg Views: 640 Size: 84.3 KB
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Old 29 August 2024, 02:44 AM   #28
worldofoyster
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a sub and a gmt2
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Old 29 August 2024, 02:44 AM   #29
MDR143
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Originally Posted by matthew P View Post


If I had 30k to chase a fun Rolex this would be a front runner


..Explorer, Spring Diver & APRO..
This or WG Sub or GMT. Would be depend on what I could get for what deal, but one of the 3.
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Old 29 August 2024, 02:59 AM   #30
capecodmike
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Just had the daughter's wedding this weekend. So I'am a bit tapped at the moment.

But if I could it would be the Smurf for me, Hands Down.

Best.
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