Quote:
Originally Posted by othertbone
The only thing I think about when I see a VC on a guys wrist is that he got hosed for 40% after purchase.
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I'm pretty sure that the vast majority of owners of luxury watches couldn't care less about retail value, I know that I don't. If it appreciates, great, but who gives a shit. If you think you'll really need the money in the future and selling a few pieces will make a difference in your life, perhaps buying them in the first place wasn't a good move. They're meant to be bought with disposable income.
A brand new Ferrari also takes a hit the day it leaves the dealership, but I don't imagine owners really care about that.
But that's the current state of affairs...guess the "hot demand" created a whole new segment of "value retention enthusiasts"...
