Yachtmaster II Depreciation

[mmuscat]

Whats your opinion of the Yacht Master II depreciation? Currently theyre trending at around 13kCAD-14kCAD on Chrono24. Since this is a relatively new model, do you see this watch dropping to 10k? I want the best possible deal as mentioned before in a similar thread. It's also in consideration with the hulk as my first and only Rolex :D

Thanks

[The Libertine]

Not realistically, no.

I know you are looking for the best deal, but I think you are being unrealistic in your expectations.

[Uhtred59]

I am goong to go with buy what you like the future be damned

[Uhtred59]

Well going

[mmuscat]

I need to safe the funding first. I firmly believe spending more than 9999$CAD on a watch is a terrible waste of money. Under it I can justify :)

[regnant]

I don't it would hold its value as much as other Rolex stainless steel variants do. That's a niche product for many but it's an unapologetically a cool watch to own

[BillA]

A watch in not an investment.

[Muzz]

The used prices have been rather stable on that model for awhile. I wouldn't expect it to go any lower as it isn't a high production/sales piece.

[beshannon]

Let me look at the trend line analysis, MACD, stochastics and the RSI indicators and I will get back to you after I read several research reports.

[Uppersouth]

Originally Posted by mmuscat

Whats your opinion of the Yacht Master II depreciation? Currently theyre trending at around 13kCAD-14kCAD on Chrono24. Since this is a relatively new model, do you see this watch dropping to 10k? I want the best possible deal as mentioned before in a similar thread. It's also in consideration with the hulk as my first and only Rolex :D

Thanks

As your economic situation changes, so will your absolute limits (up or down). Given your choices, I'd go with the Hulk. The SS YM2 will continue to slide, but not to your current max.

[TimeToWatch]

Originally Posted by beshannon

Let me look at the trend line analysis, MACD, stochastics and the RSI indicators and I will get back to you after I read several research reports.

[stillsane]

Originally Posted by mmuscat

I need to safe the funding first. I firmly believe spending more than 9999$CAD on a watch is a terrible waste of money. Under it I can justify :)

I only make $40,000 per year. My used EXP I cost me $4,250. A few years ago I would of never thought of spending that on a watch. I have recently found myself considering just over $10,000 on a watch. I thought like you never over ten grand. Time will tell.

[Chute]

While it may be technically advanced I find the YMII complication to be totally useless.
I'd go hulk for a one and only

[watchwatcher]

I wouldn't think so...but really the question you should be asking is which watch fits my lifestyle and day to day activities better.

[mmuscat]

Originally Posted by BillA

A watch in not an investment.

Of course not. I just want the best price to keep it forever. I don't want to spend 15k CAD on a watch. 10k budget tops.

[kilyung]

Then in the long run, what does the price matter as long as it's a good deal in your mind?

[RolexNorth]

Originally Posted by mmuscat

Of course not. I just want the best price to keep it forever. I don't want to spend 15k CAD on a watch. 10k budget tops.

Bought mine new almost 2 years ago for $20K CAD over at Raffi's in Yorkdale Mall.

$13-14K CAD on Chrono 24? Cheap if it's the real deal. Are these local Toronto deals, or stuff in other countries???? You'll have to factor in insurance and delivery and taxes if it's outside of Canada.

Cheapest I was offered was $18K grey market and I wasn't in the mood to argue with Rolex Canada if the watch needed warrantee service. It's 5 years protected now I believe.

[Ruud Van Driver]

Originally Posted by mmuscat

I need to safe the funding first. I firmly believe spending more than 9999$CAD on a watch is a terrible waste of money. Under it I can justify :)

You've answered your own question right there.

There's a four-year old SS reference for sale on Watchfinder and it's at £10,950, which is just over $18,000 CAD. I think you'll be waiting a long time for these to reduce to the price point that you're prepared to pay.

The Sub LVc is the best modern SS Rolex anyway.

[ericmli825]

It's not sought after, people usually buy this watch after they already have a recent collection. Cool watch just pricey


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[sager]

Originally Posted by BillA

A watch in not an investment.

this

[HK Islandboy]

Originally Posted by mmuscat

Whats your opinion of the Yacht Master II depreciation? Currently theyre trending at around 13kCAD-14kCAD on Chrono24. Since this is a relatively new model, do you see this watch dropping to 10k? I want the best possible deal as mentioned before in a similar thread. It's also in consideration with the hulk as my first and only Rolex :D

Thanks

Where are you seeing them for CAD13-14k? More like USD13-14k from the postings I see in chrono24 and sellers on other forums

[brandrea]

If you can get one at 13k cdn you should as I've not seen then advertised that low. Of course you have to want the watch. Regardless how cheap you can buy it, if you don't think it'll stick no amount of savings will make you happy, you'll just lose less.

[1st amg]

This sounds very cheap, make sure its the real deal.

[GB-man]

You'll never get an SS YMII for 10k CDN. Buy a preowned LVc and move on.