The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 23 October 2023, 04:57 AM   #1
Colorado1492
"TRF" Member
 
Join Date: Jul 2016
Location: Colorado
Posts: 67
South florida AD

Visiting family in boca. Stopped in an AD Mayors Jewelers in boca mall. Offering 12 months interest free loan with Wells Fargo for rolex. CPO hulk 2019 30K, 2019 batman CPO 21.5K, CPO 2021 gmt black dial 16.5k . Tides are turning for retail.
Colorado1492 is offline   Reply With Quote
Old 23 October 2023, 06:31 AM   #2
Topspin14m
"TRF" Member
 
Join Date: Feb 2019
Location: United States
Posts: 429
Those are obscene prices. So high they should be illegal.
Topspin14m is online now   Reply With Quote
Old 23 October 2023, 06:57 AM   #3
Gandor
"TRF" Member
 
Join Date: May 2022
Location: USA
Posts: 200
You can get a 2023 batman for like 16k nowadays.
__________________
15510ST Green | 15720ST Gray | 26393QT Taupe | 116400GV | 126234 Mint
Gandor is offline   Reply With Quote
Old 23 October 2023, 07:07 AM   #4
rick lee
"TRF" Member
 
rick lee's Avatar
 
Join Date: Apr 2020
Location: Arizona
Watch: Batman
Posts: 167
I saw a Batman for $21.5k yesterday at an AD's used section. Don't recall which year, but that price was obscene if brand new. Another reseller nearby told me their last Pepsi went for $21.5k.
rick lee is offline   Reply With Quote
Old 23 October 2023, 07:07 AM   #5
LJubel328
"TRF" Member
 
LJubel328's Avatar
 
Join Date: Jan 2019
Location: U.S.
Posts: 815
Loans for watches and just about everything these days. I can only imagine how terrible the rates are once the interest kicks in.

I really hope people are smart enough to not engage is this sort of behavior.


Sent from my iPhone using Tapatalk
LJubel328 is offline   Reply With Quote
Old 23 October 2023, 07:09 AM   #6
BriansRolex
"TRF" Member
 
Join Date: Aug 2021
Location: United States
Posts: 495
There's other jewelers in Boca with great Rolex inventory although they're not ADs
BriansRolex is offline   Reply With Quote
Old 23 October 2023, 08:13 AM   #7
996marty
"TRF" Member
 
996marty's Avatar
 
Join Date: May 2019
Location: Uk
Watch: RolexGMT/Tudor7928
Posts: 2,730
Those CPO prices are insane
996marty is offline   Reply With Quote
Old 23 October 2023, 08:16 AM   #8
jb335
2024 Pledge Member
 
jb335's Avatar
 
Join Date: Jan 2017
Location: The States
Watch: Cosmograph Daytona
Posts: 6,880
Quote:
Originally Posted by 996marty View Post
Those CPO prices are insane

What he said.


Sent from my iPhone using Tapatalk
jb335 is offline   Reply With Quote
Old 23 October 2023, 08:18 AM   #9
jb335
2024 Pledge Member
 
jb335's Avatar
 
Join Date: Jan 2017
Location: The States
Watch: Cosmograph Daytona
Posts: 6,880
lol, anyone remember when CPO was first announced some members here would argue the ADs would have to list the CPO watches for LESS than MSRP?!?


Sent from my iPhone using Tapatalk
jb335 is offline   Reply With Quote
Old 23 October 2023, 08:18 AM   #10
Kinnakeet
"TRF" Member
 
Kinnakeet's Avatar
 
Join Date: Jun 2012
Real Name: Michelle
Location: Canada/Florida
Watch: WG Breguet Typexx
Posts: 2,698
Quote:
Originally Posted by Colorado1492 View Post
Visiting family in boca. Stopped in an AD Mayors Jewelers in boca mall. Offering 12 months interest free loan with Wells Fargo for rolex. CPO hulk 2019 30K, 2019 batman CPO 21.5K, CPO 2021 gmt black dial 16.5k . Tides are turning for retail.
I stop by that location from time to time and find the used watch prices quite high and the sales staff overly aggressive.
Kinnakeet is offline   Reply With Quote
Old 23 October 2023, 08:21 AM   #11
inadeje
2024 Pledge Member
 
inadeje's Avatar
 
Join Date: Jan 2013
Location: Miami
Watch: me lose count.
Posts: 5,568
Absurd pricing indeed. Some idiot will pay though.
__________________
♛ 116689 ♛ 116500LN Blk ♛ 116500LN Wht ♛ Sky Dweller 326934-003 ♛ 126710BLNR ♛ 126710BLRO - ♛ 126610LV ♛ 16520 ♛ 16523 ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1A-001 - AP 26331ST Panda - Panerai Fiddy 127, Bronzo 671, 687, 111, Ω Speedmaster 1957 Broad Arrow, Daniel Roth Endurer Chronosprint, Cartier Santos XL - ✿ Tudor Black Bay 58 Bronze M79012M, Montblanc TimeWalker Chrono 41
inadeje is offline   Reply With Quote
Old 23 October 2023, 10:13 AM   #12
ingoodtime
"TRF" Member
 
ingoodtime's Avatar
 
Join Date: Sep 2008
Real Name: Lee
Location: USA
Posts: 2,834
Horrible prices.
__________________


Lee
ingoodtime is offline   Reply With Quote
Old 23 October 2023, 10:47 AM   #13
russ86
"TRF" Member
 
russ86's Avatar
 
Join Date: Mar 2018
Real Name: Ross C.
Location: Miami, FL.
Posts: 947
One of my friends just got a brand new batman for 15.5
russ86 is offline   Reply With Quote
Old 23 October 2023, 11:16 AM   #14
Easy E
2024 ROLEX DATEJUST41 X2 Pledge Member
 
Join Date: Jun 2017
Location: GA
Posts: 4,339
Quote:
Originally Posted by Topspin14m View Post
Those are obscene prices. So high they should be illegal.
Quote:
Originally Posted by 996marty View Post
Those CPO prices are insane
Quote:
Originally Posted by jb335 View Post
What he said.
Yep.
Easy E is offline   Reply With Quote
Old 23 October 2023, 11:44 AM   #15
mquarter
"TRF" Member
 
Join Date: Apr 2020
Location: Asia
Watch: 5-digit steel
Posts: 384
The CPO sellers are really overvaluing the "certified" bit that's for sure.
__________________
♛ Submariner 14060m, 2-line
♛ Explorer II 16570, polar
♛ Cosmograph Daytona 16520, white dial
mquarter is offline   Reply With Quote
Old 23 October 2023, 02:01 PM   #16
GotRolex
"TRF" Member
 
Join Date: Jul 2022
Location: CA
Posts: 165
CPO is gangster


Sent from my iPhone using Tapatalk
GotRolex is offline   Reply With Quote
Old 23 October 2023, 03:45 PM   #17
Ensign
"TRF" Member
 
Join Date: Jul 2018
Location: America
Posts: 712
Bizarro world - used watches going for more than new. I know it’s been like that for a few years, but I am still shocked. Feel bad for the nervous dudes who pay those CPO prices.
Ensign is offline   Reply With Quote
Old 23 October 2023, 05:42 PM   #18
duquephart
"TRF" Member
 
Join Date: Jun 2021
Real Name: Ben
Location: Minnesota
Watch: Snowflake
Posts: 327
Quote:
Originally Posted by Kinnakeet View Post
I stop by that location from time to time and find the used watch prices quite high and the sales staff overly aggressive.
And you still stop by?
duquephart is offline   Reply With Quote
Old 23 October 2023, 09:37 PM   #19
travisb
2024 Pledge Member
 
travisb's Avatar
 
Join Date: Aug 2009
Real Name: Travis
Location: FL / NYC
Watch: Yes..
Posts: 32,287
The prices are ridiculous.
travisb is offline   Reply With Quote
Old 23 October 2023, 09:42 PM   #20
1William
2024 ROLEX DATEJUST41 Pledge Member
 
Join Date: Nov 2010
Location: North Carolina
Watch: Rolex/Others
Posts: 44,909
The CPO is not for informed consumers. It is for someone that wants a watch and the security the program offers through a brick and mortar store.
1William is offline   Reply With Quote
Old 23 October 2023, 10:26 PM   #21
cbalster
"TRF" Member
 
Join Date: Mar 2019
Location: Hillsborough
Posts: 729
I'm still paying off my chipotle burrito that I financed with Affirm. Once I do that and get my credit back up, I will look into financing my next watch.
cbalster is offline   Reply With Quote
Old 23 October 2023, 10:48 PM   #22
Calatrava r
2024 Pledge Member
 
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 10,636
Most ADs offer free interest for a year on purchases and did on Rolex buys also through a bank. I have read in threads here that some ADs are no longer offering such incentives on new Rolexes at MSRP.
Calatrava r is online now   Reply With Quote
Old 23 October 2023, 10:51 PM   #23
mfnj
2024 Pledge Member
 
mfnj's Avatar
 
Join Date: Jan 2012
Location: NJ, USA
Posts: 629
another vote for 'insane" CPO pricing at the AD. CPO watches are a good idea in theory but the AD's view it as a mechanism to drive profit. Unfortunately for them, the "educated" buyer will pass on them but as others have said there are enough other buyers to make it worth their while. Although, with a crazy economic environment it is possible the CPO model for the AD's might have missed the market. Imagine if it was introduced 12 months to 18 months ago!
mfnj is offline   Reply With Quote
Old 24 October 2023, 12:32 AM   #24
Willyjo
2024 Pledge Member
 
Willyjo's Avatar
 
Join Date: Apr 2020
Location: Singapore
Posts: 1,276
These prices are optimistic and unrealistic.

Much cheaper in Singapore. Come here, have a holiday and still have $ in your wallet.

Check out carousel.com for pricing here.


Sent from my iPhone using Tapatalk
Willyjo is offline   Reply With Quote
Old 24 October 2023, 12:45 AM   #25
Topspin14m
"TRF" Member
 
Join Date: Feb 2019
Location: United States
Posts: 429
Quote:
Originally Posted by mfnj View Post
another vote for 'insane" CPO pricing at the AD. CPO watches are a good idea in theory but the AD's view it as a mechanism to drive profit. Unfortunately for them, the "educated" buyer will pass on them but as others have said there are enough other buyers to make it worth their while. Although, with a crazy economic environment it is possible the CPO model for the AD's might have missed the market. Imagine if it was introduced 12 months to 18 months ago!
The conspiracy theorist in me thinks that they are artificially pricing these watches to elevate the new ones they sell even more. Meaning, they get you thinking what you are buying is instantly worth 3X (see what we are selling a used one for?) and then they get you to bundle with jewelry and other things. Just drives up the exclusivity of what they are selling you.
Topspin14m is online now   Reply With Quote
Old 24 October 2023, 01:13 AM   #26
Kinnakeet
"TRF" Member
 
Kinnakeet's Avatar
 
Join Date: Jun 2012
Real Name: Michelle
Location: Canada/Florida
Watch: WG Breguet Typexx
Posts: 2,698
Quote:
Originally Posted by duquephart View Post
And you still stop by?
Yes, every time I get to Boca.
Kinnakeet is offline   Reply With Quote
Old 24 October 2023, 02:43 AM   #27
DBCooper07
"TRF" Member
 
DBCooper07's Avatar
 
Join Date: Dec 2021
Location: USA
Watch: 124060
Posts: 177
CPO is nuts! I got my Sub after 3 years thru the pandemic bull$hit, on list for GMT, if it ever comes in i'll be happy at MSRP... I'm not playing the Rolex GREY/CPO games. My Sub is a perfectly great 1 watch collection ;)
__________________
- 124060
DBCooper07 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

My Watch LLC

OCWatches

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.