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23 February 2019, 04:57 AM | #31 |
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Join Date: Feb 2012
Real Name: Sandy
Location: England.
Watch: 14060M 2 liner
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23 February 2019, 05:13 AM | #32 |
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Join Date: Jun 2018
Location: UK
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It’s very subjective regarding buying on the grey market. My experience has always been good. They have the product in stock as opposed to the AD who invariably does not and can’t tell you when it’s coming in. The grey dealer wants your business and is pleased to be talking to you about a Daytona or a Sub. The AD finds it a pain as you’re the third person this week wasting his time. You pay over retail off the grey and get the watch to wear now. At an AD you wait and wait and when it does come in it’s usually more money than you first thought. If you want a TT or PM watch off a grey it usually comes in at a healthy discount. The AD likes you to buy similar watch at retail in order to be looked upon favourably on the waiting list. As they say “ you pays your money and you takes your choice “
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23 February 2019, 05:30 AM | #33 |
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Join Date: Oct 2011
Location: midwest
Watch: DJ 41
Posts: 1,467
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To pay premium to the grey is akin to adding fuel to this proverbial fire of Rolex "shortage." Not a wise move.
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23 February 2019, 05:39 AM | #34 |
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Join Date: May 2016
Location: Seattle
Watch: 14060M 116610LV
Posts: 267
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I'd say it's a certainty that the Sub will be getting a new movement and the slight case update like the GMT, this year or next. When that happens do you guys really think they'll hold the green over into this new version? I say that's highly unlikely, and it will be discontinued soon.
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23 February 2019, 05:57 AM | #35 | |
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Real Name: Harry
Location: England
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Quote:
If the gougers have less to gouge with, the cycle will slow down. It might push prices up super high for the few items available, but this will just make a high proportion of potential grey buyers fall off. This is faster and easier than hunting down and killing all potential purchasers! |
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23 February 2019, 06:00 AM | #36 |
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Join Date: Dec 2018
Real Name: Dave
Location: UK
Watch: ing and waiting!
Posts: 864
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I was told today by AD (in UK) still expecting deliveries.
They only expected a movement upgrade, perhaps price rise - but NO DISCONTINUATION of the models!! Whoop Whoop! still hope for me! :) |
23 February 2019, 06:06 AM | #37 |
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Join Date: Dec 2018
Real Name: Not Bob
Location: USA
Watch: Your Six
Posts: 112
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best response on this thread
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23 February 2019, 06:26 AM | #38 | |
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Join Date: Dec 2018
Real Name: Not Bob
Location: USA
Watch: Your Six
Posts: 112
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My 2 cents
Quote:
The greys are not the problem. |
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23 February 2019, 07:29 AM | #39 | |
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Join Date: Oct 2011
Location: midwest
Watch: DJ 41
Posts: 1,467
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Quote:
But in a marketplace where people are practically making, in my view, an obscene profit by charging 20, 30, or even 100% markup for doing nothing more than buying and selling, I feel as a buyer I would be voting against my or my fellow consumers' economical interest to tacitly encourage it. I have no way to stop people from charging the markup, nor do I have any way to increase supply. The only weapon I have as a consumer is to not let the scalpers profit from me. This is, of course, a number's game. If enough buyers refuse to let the scalpers profit from them, then we form a market force that can somewhat curb the profiteering. On the other hand if it turns out I am the only one in this then I know I am SOL in this game, lol. That is fine though. In this world I believe in doing my part for what I believe is right. After that, I am at peace with letting the chips fall where they may. |
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23 February 2019, 07:29 AM | #40 |
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Join Date: Jul 2017
Location: Galaxy
Watch: Explorer
Posts: 897
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I'm starting to get sick of the Hulk. So much hype. It is a cool watch but the harder it gets to acquire and the more expensive it gets the more people want it.
I remember when it was selling for a discount, then retail, then $1k premium, and now $4k premium. I totally appreciate a model being popular from the outset and hard to acquire but this watch is a case of wanting something they can't have for a lot of people. I'm a simple man. There are watches I want that are easy to acquire and others that are really hard to get. I want them because I want them. |
23 February 2019, 07:36 AM | #41 |
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Join Date: Feb 2016
Location: USA
Posts: 842
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If want it..get it..
But remember.. What goes up... Must..come down... Just 3 years ago..no one wanted them.. |
23 February 2019, 07:47 AM | #42 |
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Join Date: Feb 2019
Location: Edmonton
Posts: 16
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I’d find one on the grey market now, begin enjoying it. If you get the call from the AD then go grab it and sell it at a premium. By this logic you’re neither up or down, unless it continues going up. Then perhaps you could in fact be up?
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23 February 2019, 07:50 AM | #43 |
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Real Name: The Mystro ;)
Location: Central Pa.
Posts: 14,622
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Wait and see if it gets the new movement. No way the current LVc is worth $12.5 let alone $14k.
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23 February 2019, 09:30 AM | #44 |
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Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,518
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I would wait. I agree with your assessment that they are not moving well at 14K on the secondary market.
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23 February 2019, 09:38 AM | #45 |
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Join Date: Oct 2014
Real Name: Chadri
Location: LI, NY
Watch: 116610LV
Posts: 11,322
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Why?
Like I said it's a gamble either way, I don't think there's a right or wrong necessarily, but I have my reasons to advise trying to buy one. What are your reasons for waiting? |
23 February 2019, 08:48 PM | #46 |
"TRF" Member
Join Date: Aug 2018
Real Name: Martijn
Location: Amsterdam
Watch: On the left wrist
Posts: 696
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At two ADs on the list for the Hulk. Maybe this year I can pick it up or maybe not. All I need is patience.
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23 February 2019, 10:18 PM | #47 |
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Join Date: Jul 2014
Location: Midlands, UK
Posts: 4,652
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just wait
I got a 12% discount on one 5 years ago, love it so much would have paid a slight premium, maybe 700-1k over list. But not 4-5k. Just madness. Wait. You could buy a DJ for the premium, and sell it without much loss or break even, IF it secured you next on the list. |
23 February 2019, 10:23 PM | #48 | |
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Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,066
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Quote:
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23 February 2019, 11:58 PM | #49 |
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Join Date: Mar 2013
Location: usa
Posts: 18,973
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If you have it to burn, why not. What do the kids say, YOLO
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