Quote:
Originally Posted by Fleetlord
Lol...he's clearly only been into to watches during the last few years...or he's just that dopey.
Omega has NEVER been a strong brand in terms of valuation. The market has ALWAYS discounted Omega. ALWAYS. Because the market sees them as overpriced at retail. They make far, far too many watches and had too many dealers.
You could buy the previous version Speedmaster NIB for 40% off a few years ago...so if this guy saw that, he would combust
Now that Omega retail is much higher, I'd expect 30% + discounts to be showing up again very soon. Dealers have to sell these watches....so they got to get the price down.
Contrary to opinion on Rolexforums, value retention and brand strength are very important to a lot of watch buyers. They want what they spend $$$ on to be desirable and hold value...maybe even appreciate ! Omega isn't the one for that...in fact the majority of watches aren't...hence Rolex FOMO.
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This.
Guy in the video sounds like a douche, but he’s not wrong. But he doesn’t understand Omega is just going back to where it was 5 years ago. There’s no more Omega and Rolex comparison, that was 15 years ago.
Now it’s Omega and Tudor, and frankly Tudor is winning.