ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
4 May 2018, 11:30 PM | #31 |
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Depends on how much you’ll lose on it in depreciation over the course of a year. I would imagine you’ll likely want to trade the car in that time frame once you’ve “scratched the itch”. If it’s only 10-20k you may only need to offload one or two watches to compensate for the depreciation? Also, the m550 will take a pretty decent depreciation hit! Which by the way is an amazing car! I bought one a couple of months ago and love it! Kinda wish I had held off and waited for the M5 although except for a rear diffuser it’s not that dissimilar!
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4 May 2018, 11:34 PM | #32 |
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If I NEEDED TO SELL my watches to afford to buy a Porsche (any Porsche) I would certainly not do it.
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4 May 2018, 11:35 PM | #33 |
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Yes, but I have one in Ultra Violet. Also, have the .2GT3 RS and GT2RS coming. But my car addiction is worse than my watch addiction.
If you make it to NY/NJ before you decide, you can drive one of mine and I am sure that will make up your mind. |
4 May 2018, 11:36 PM | #34 |
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Nope
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4 May 2018, 11:36 PM | #35 |
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Answer is pretty simple:
- If you think your Rolex is an investment: No - If you think your Rolex is a hobby: Yes Have fun deciding! |
4 May 2018, 11:38 PM | #36 |
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YESSSSS . A GT3 RS will probably exceed far greater value than your watch if that's what you're concern.
It's your decision...do what makes you happy. |
4 May 2018, 11:41 PM | #37 |
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So you basically want to trade all those watches that you can enjoy every day plus a 2018 BMW for a car that you'll only going to drive at the weekend?
I wouldn't. |
4 May 2018, 11:41 PM | #38 |
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4 May 2018, 11:43 PM | #39 | |
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^^^This is it^^^^^. I am a 27 year Porsche 911 owner and PCA chapter founder. To say I love Porsche is a safe statement. The issue I have with selling off your watches is that they are unrelated to what you are buying. If you want to sell off a few other cars for the 911 then that makes sense to me. Porsche and Rolex are a luxury lifestyle and one should not be needed to support the other. The sensible solution is to dump the Benz and buy a similarly priced Porsche. You can have your Porsche, join a local PCA club and get the full effect of Porsche culture.
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4 May 2018, 11:44 PM | #40 |
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They're both expensive hobbies. As long as you can fund either with ready cash, do the one you will enjoy the most. You can always go back and forth (at a cost).
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4 May 2018, 11:46 PM | #41 |
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4 May 2018, 11:47 PM | #42 |
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I would vote for no.
After selling all watches, a modern day luxury saloon and parted with cash you have a Porsche. Than the worry starts, insurance, taxes, gasoline, maintenance ... (owning and buying a supercar isn't that hard, but keep it rolling is.) |
4 May 2018, 11:48 PM | #43 |
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Why not? Those are nice watches, but easily accessible if you ever wanted any or all of them back.
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4 May 2018, 11:49 PM | #44 |
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Why bother, you'll have to stick an electric motor
In it soon anyway! |
4 May 2018, 11:49 PM | #45 |
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No, though that's a very respectable price for a '16 RS. With the intro of the .2 RS .1 prices have been coming down.
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4 May 2018, 11:57 PM | #46 |
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Sounds like you are giving up a lot to make something happen. I personally wouldn't because I would miss my watches. Perhaps get a lower level Porsche and enjoy both? You can always upgrade later.
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5 May 2018, 12:00 AM | #47 | |||
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Quote:
Quote:
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Fastmd, Thank you much for the offer. The car I saw is actually Ultra Violet color, too. You must be a super VIP at your dealer. |
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5 May 2018, 12:00 AM | #48 |
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Never.
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5 May 2018, 12:02 AM | #49 |
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Wow, that's absolutely incredible. VIP program?
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5 May 2018, 12:02 AM | #50 | |
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5 May 2018, 12:08 AM | #51 |
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If you have to ask then no
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5 May 2018, 12:09 AM | #52 |
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My passion for my Rolex collection is second only to my passion for my car collection. That being said, if the question is would I sell my watches so I could afford to purchase the car, I would say no.
If you are asking if I would give up my collection for a GT3, my answer would still be no. Even though I own a Porsche I'm not really a fan of the car. It was my wife's dream car in high school and I purchased one for her about three years ago for her birthday. Now, if you throw a Bugatti Veyron or Chiron into the mix and the deal is you can have the opportunity to purchase one, but you have to give up your collection and never own another Rolex, let's just say I'm driving a new automobile!!!! Good luck with your decision. |
5 May 2018, 12:10 AM | #53 |
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I would definitely not do it. How long were you planning on keeping the car? I love watches more than I love cars so if I had that kind of money to spend, I would love to buy a vintage Paul Newman Daytona.
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5 May 2018, 12:12 AM | #54 |
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OK, my first serious post of this thread. You bought a '14 991, owned it for 18 months and took a $35k hit. You own an '18 M550 and are mulling trading it in. You are, at least for entertainment value here, considering selling a bunch of Rolexes that you got in the last year to 18 months. You might want to consider how to determine which expensive, luxury purchases will make you happy in the semi-long term. The current state of Rolex supply/demand and your great AD relationship helps you retain value on your watches if you go in and out. But that won't last forever, and the cost of flipping six (or close to it) digit cars is almost always going to be very painful financially.
So my advice is to figure out what will make you happy for more than a brief time, and then execute the plan that will get you there.
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5 May 2018, 12:13 AM | #55 |
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Not sure how good this picture is, because I can never post pictures correctly.
Some inspiration for you..... |
5 May 2018, 12:16 AM | #56 | |
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Say...Did you know if you purchase a GT2 RS, you're entitled to a little gift , a 911 GT2 RS chronograph timepiece from Porsche ?Ok..Ok... The last 0ne's not free. It's available on eBay🤦 |
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5 May 2018, 12:20 AM | #57 |
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for the GT3RS no, but I would do it in a heartbeat for a new GT2RS. I'm partial to turbos
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5 May 2018, 12:22 AM | #58 | |
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Are you me? This is the way I live! Nice watches, economical cars! Sent from my iPhone using Tapatalk |
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5 May 2018, 12:25 AM | #59 |
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No. No great interest in cars. Too many expenses and with today's traffic and rules you can't have fun anymore (nowhere).
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5 May 2018, 12:27 AM | #60 |
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No way.
The thing about a car is, you barely ever use it. Something like the GT3 is not a good DD car, you don't want to really commute in it; despite the lift you're going to scrape it on everything which is mildly irritating. My watch I have with me at all times, I can look at it all day whenever I want instead of looking at a picture of it. PCAR-wise I originally bought a C2S, then I sold it and went for a C2. About to sell wife's Boxster S and get a Chevy Colorado ZR2. Last edited by codecow; 5 May 2018 at 12:31 AM.. Reason: Car disclosure. |
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