ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
26 March 2010, 12:29 PM | #151 |
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Here's how I see it: We all spend a variable amount of money for pleasure. We have a choice on where we can spend our money for pleasure. There are not too many places that I can spend my money on pleasure and get as decent a return (in $$) down the road as I might on a like new pre-owned Rolex. For me, at this point in time, buying and wearing a like new rolex is extremely enjoyable and the $$ that I might get back in the future if I ever needed to sell it makes it a pretty good investment for me (an investment in both pleasure and returnable value).
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26 March 2010, 01:56 PM | #152 |
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I get enjoyment and pleasure everytime I wear or look at my watches. I have weaned my collection down to primarily Rolex because I appreciate the history, quality and classic good looks that don't change every year. I would never consider my watches as an investment, maybe something to pass on to the next generation. Although it is nice to know that a watch purchased 12 years ago could be sold for more than I paid.
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27 August 2011, 10:40 AM | #153 |
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So my bank if offering 45 month CD “SPECIAL” yielding 1.15% APY with a minimum deposit of $5,000 required.
Pre-Owned ROLEX TIME! |
27 August 2011, 10:54 AM | #154 | |
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Quote:
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29 August 2011, 05:35 PM | #155 |
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My experience
I bought at '79 1680 ten years ago, it 's now worth 300% of what I paid. My mutual funds...forget about it!
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7 September 2011, 05:37 AM | #156 |
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The post about investing in one's own happiness is a really good way of putting things. There hasn't been a time when I've looked at any of my watches and felt anything else other than admiration for the workmanship and beauty of their appearance.
The fact that I'm unlikely to lose money on my outlay is a comfort......the possibility of an increase in value is simply a nice background thought. I'm going for a GMT II next........ I just like 'em :-) Choice is....SS or SS/YG...mmmm |
9 October 2011, 09:06 PM | #157 | |
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(Grabs car keys and Credit Card...sound of front door slamming) |
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4 February 2012, 03:06 PM | #158 |
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i think if you buy used here and hold it for a few years you might make about a few hundred on what you paid. it depends on the yearly price increase.
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18 January 2023, 07:11 AM | #159 |
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An investment in knowledge pays the best interest.
Benjamin Franklin |
18 January 2023, 07:29 AM | #160 |
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Every Daytona I have ever bought is worth more than I paid!!!! Great investments for me!
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18 January 2023, 07:49 AM | #161 |
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I enjoyed my first Rolex for 20 years and then sold it for 40% more than I paid for it.
Not a bad return if you ask me. |
18 January 2023, 12:54 PM | #162 | |
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In the end, it's not the years in your life that count. It's the life in your years. - Abraham Lincoln __________________________________________________ Rolex 226570, Explorer II Club |
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18 January 2023, 01:07 PM | #163 |
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So what I hear you saying is that they are like savings accounts on your wrist?? Pretty liquid too
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18 January 2023, 06:55 PM | #164 | |
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But indeed, I have very few people around me wearing Rolex, and all they talk about when it comes to Rolex is the money you can make. I allways say the same: buying is easy, but selling... If you buy a watch for 10 K from a gray dealer. And the next day you regret it, and you go back to sell it, if he likes you, be glad that you get 7-8K for it. So you lose immediatly when you buy it, to make up for that, you have to wait years and years. And then you even might get unlucky for some watch trends go out of fashion. -like plexi, younger people tend to go to saphire glass only because of the problems with water resistant for the older watches. -Bigger watches, maybe in 20 years or so, the SD 43 will be a bargain, because it's way too big then -...
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18 January 2023, 07:28 PM | #165 |
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There's not a lot of stuff you can wear every day for ten years and get your money back on.
If you paid retail price for a Rolex and dont want to sell it within a couple of years, you'll probably get what you paid or some more. If it was a professional model, then you'll have very little to worry about and will probably double your money |
18 January 2023, 08:02 PM | #166 |
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Breaking news: This is a 15 y/o thread. The subject has been beat to death on this forum as this exemplifies.
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18 January 2023, 08:14 PM | #167 |
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Judging from the number of your posts, we are not the only ones who have beaten this subject to death
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18 January 2023, 08:16 PM | #168 |
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Glad you have taken the time to review all my posts; keep reading , grasshopper.
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18 January 2023, 08:18 PM | #169 |
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Induction, my friend, induction
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"You will have your chance to speak in the question period madame" A. WATTS |
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