Quote:
Originally Posted by ExplorerI
People gladly buy jewelry from
These stores at 400%+ markups. Why not a Rolex at 100%?
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I’ll bet that’s what Rolex was thinking. Why not try to dominate the pre owned market as well? Knock off ADs doing back door deals…
I think they’ve overplayed their hand. Most watch buyers, especially long term enthusiasts, aren’t going pay such inflated prices. I’ll buy another brand diver before I pay an exuberant price for a watch like a CPO Hulk. Especially one that I previously owned for $7K!