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30 January 2023, 07:34 AM | #31 |
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No
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30 January 2023, 07:59 AM | #32 |
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No, I do not.
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30 January 2023, 09:01 AM | #33 |
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I don't , I never plan to sell. I think of it as once I hand the money over for a watch, I consider it gone. So my answer is a definite No.
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In the end, it's not the years in your life that count. It's the life in your years. - Abraham Lincoln __________________________________________________ Rolex 226570, Explorer II Club |
30 January 2023, 09:39 AM | #34 |
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No...when I bought my Day Date, I bought it because I loved it & wanted to wear it for the rest of my life...HOWEVER, I have let my wife know if I died 1st & she wanted the $$$$ to contact DavidSW to sell it. I have also said she could pass it on to my younger brother or nephew..we have no children & I don't see our cat wearing it!
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30 January 2023, 09:44 AM | #35 |
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No.
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30 January 2023, 10:46 AM | #36 |
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Hate to admit it
I do on occasion.
I try not to purchase anything I’ll lose big on. I’m willing to lose a little on anew watch. If it’s an expensive purchase and I’m fearful of losing a lot I go pre owned. Like a car I figure the first owner takes most of the hit. I don’t buy to make, but I hope not to lose (a lot). |
30 January 2023, 11:06 AM | #37 |
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Of course I do. That doesn't mean I won't purchase a watch I like but its always in the back of my mind, at least the last 15-20 years, about if I have to sell, will this watch hold its value
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30 January 2023, 11:08 AM | #38 |
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No, I don’t sell any of my watches ever anyway.
It’s normal that anything you buy will depreciate very fast. Cars, watches, shoes, clothing. Never a concern
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
30 January 2023, 11:46 AM | #39 |
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Yes. I like a good exit strategy.
Sent from my iPhone using Tapatalk |
30 January 2023, 11:49 AM | #40 |
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Never. I have a hard time letting go of things. I only buy them to celebrate some achievement.
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30 January 2023, 12:06 PM | #41 |
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No but the ones I like go for a premium
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30 January 2023, 12:09 PM | #42 |
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These days it's little more than a passing thought as part of a sound exit strategy and I ultimately only buy what I like as the prime consideration.
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30 January 2023, 12:09 PM | #43 |
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No
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30 January 2023, 12:56 PM | #44 |
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I didn’t used to but hard not to have it at least creep into your mind even a little after the past few years. I wouldn’t use resale value as a reason to buy or not buy a watch, there’s no telling what will happen in the future. And odds are if I did need to raise cash it would be when the resale market is down the tubes.
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30 January 2023, 01:00 PM | #45 |
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As has been said previously, not a primary factor but certainly a data point where I have awareness. One of the secondary benefits with Rolex is knowing it retains value extremely well could give one some peace of mind.
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DD40 RG, SkyDweller, AP RO 15500 Exp 2 ,WG YM 42, YM 40 |
30 January 2023, 01:01 PM | #46 |
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Yes, unless it is an absurd one of a kind or rare piece.
Like if I want a Wristmon, well there’s not a lot of competition. Some pieces are so unique they’re worth the hit. |
30 January 2023, 01:01 PM | #47 |
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Never.
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Current: 16710 Previous: 16760 Fat Lady, 16613 Bluesy, 16800, 14060, 16710 Pepsi, 216570 Polar, 116710LN, 16610, 216570 Polar (again), 16713, 216570 Polar (yet again), 16710 Black w/ Pepsi Insert Hope is not a strategy. |
30 January 2023, 01:22 PM | #48 | |
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Quote:
Which Patek?? Everyone I’ve seen trades for way more than retail? Unless you are referring to some ladies pieces |
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30 January 2023, 01:30 PM | #49 |
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No, buy to wear. I have no intention of selling it.
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30 January 2023, 02:28 PM | #50 |
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It is nice to know for some watches over a certain value that they retain some value. Some much more than others. An easily available Omega you need to bank on it losing 50%
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30 January 2023, 02:50 PM | #51 |
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Of course. If resale is low, i simply buy grey.
Why pay more than i have to for the same product? I bought a seamaster brand new years ago for 2.5K on Jomashop. It was $4400 new from Omega. Years later, i sold it locally for 2.4k. Same watch, and i lost $100 and wore it for 2 years instead of losing $1600. On the other end of the spectrum, if i am paying a *premium* for a watch that i can't get at retail (as i often do) then i don't care if it goes up or down; i got the watch i wanted at a price i was willing to pay.
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30 January 2023, 03:05 PM | #52 |
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I consider it, but it does not affect my decision.
I don't think about the flip or profit value, I just think about if I get tired of it. |
30 January 2023, 04:51 PM | #53 |
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No, watch collection is a hobby.....I consider every watch that I bought or trade as a sunk cost in my pocket, it is part of the fun
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30 January 2023, 04:58 PM | #54 |
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Although I never consider selling the watch when purchasing it, I do consider the value retention aspect as one of the factors.
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30 January 2023, 05:33 PM | #55 |
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Resale is a huge factor for me in deciding whether to buy new or used, but not a factor in watch selection itself.
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30 January 2023, 05:53 PM | #56 | |
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Quote:
5204 the previous white dial was listed for 100k below RRP a few months ago 5327 5236 is on the way 52701 R Some 5270g configs 5520 Even the simple annual calendar 5386 trades under retail but the loss is less than 6k so not too bad |
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30 January 2023, 06:53 PM | #57 |
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Given the resale value for Rolex are generally higher than the retail value, it is hard not to think about the resale value. I have no intention to sell them, but when I am offered by the AD to be on a list of a certain dial of Datejust / Daytona, etc., and I am indifferent to some of the dials offered, then I would consider the higher resell value dials.
Recently, I am on a list for a Batman, but with some additional spending I made with the AD, the SA suggested that I can switch to a Pepsi, with high certainty, so I made the switch. I have no preference between the Batman and the Pepsi, but considering the resell value, I would get the Pepsi. |
30 January 2023, 07:08 PM | #58 |
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I do. And genuinely don't believe anyone who says they don't.
If you knew the $20k watch you purchased would be worth zero tomorrow you'd never buy it unless you had insane levels of wealth. Likewise, I don't think many of us would spend as much as we do on Rolex if we didn't know how well they hold their value. |
30 January 2023, 08:56 PM | #59 |
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Never have.
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30 January 2023, 09:34 PM | #60 |
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Real Name: Richard
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For me…no. Not with hobbies such as watches and cars. I buy what I like, or want to try in my lifetime. I’m fortunate to have been able to do so, but admittedly…it is an expensive way to go about my particular passions/hobbies.
Although….I will say, the latest purchase of the PT Daytona, I definitely was thinking about what will happen in March if this model is discontinued or the Daytona lineup is altered size wise, dial wise, etc…. |
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