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26 July 2017, 09:14 PM | #1 |
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ROO resale
For those of you who have owned and then resold a ROO, how is the resale?
I'm considering getting a new ROO Ti and am just thinking about down the road if I end up wanting to sell and something else. |
26 July 2017, 09:55 PM | #2 | |
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Best bet is to buy as cheap as possible. I will hopefully be looking for this one in about one year's time, and I would expect to get it pre-loved at 22K USD (based on the 26400 steel price). |
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26 July 2017, 10:05 PM | #3 |
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Buy right and the loss will be small and when you factory it in over the months of enjoyment it's not a bad hobby!
I've picked up my first AP (the Ti ROO) and have no plan to flip but like most who tend to have an ever evolving collection I looked at possible resale and what I'd happily lose, I just figured worse case 40% drop from retail then added what I'd be ok losing and then worked with that number anything less was a bonus. |
26 July 2017, 10:16 PM | #4 |
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it all depends on price you pay, demand of model etc.
In general AP is quite strong compared to most brands. You are probably not going to get a great discount on a Ti now as its so new and there are not a ton out there yet so that will make any potential sale in the future a bit higher of a loss due to AD discounts on new ones being easier to obtain in the future vs the discount you can get now due to newness of the model. If you like the watch though its probably worth it to buy now though as the difference isn't going to be that huge. |
27 July 2017, 02:59 AM | #5 |
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OK thanks! I think I can get a pretty good deal on 1. Let's see what I can negotiate here. What's the typical markup on these from AP to the AD? I think I read 38%?
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27 July 2017, 03:06 AM | #6 |
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Im currently selling my AP ROO got some hits but not close enough to the price i want
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27 July 2017, 03:10 AM | #7 |
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Apart from the Nautilus, which is artificially being restricted to save the Patek brand, resale is always going to be poorer on luxury watches over £20K as the market for used pieces to generally wealthy people is small. As the Ti is new discounts are tough but if you can get 10% or more I'd jump on it!
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27 July 2017, 04:07 AM | #8 |
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Well a few models have held great, the ceramic diver for example, last retail was 22.5k euros, that's basically what I see them advertised for, also interested in the TI, but waiting a little to see what prices or discounts will be possible around Xmas, I am a cheapskate and always try to get the best deal I can...
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27 July 2017, 04:16 AM | #9 |
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Buy right and shouldn't lose too much and might make a little if you hold it a few years. 2 of my 9 APs are worth more than I paid and the rest I would take a small loss trading them in and even less if I sold them.
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27 July 2017, 04:24 AM | #10 |
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All depends for how long they will make them and in what quantities, if they overproduced them, then prices can fall not bad, when I got my ce diver I knew they were making few, and anyways loved the watch
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27 July 2017, 05:27 AM | #11 |
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buy pre-owned, otherwise you will taking a beating on a new ROO
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27 July 2017, 05:39 AM | #12 |
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I'm wrestling with the same question as the OP. Part of the issue is that there are relatively few completed transactions that can be used as benchmarks for depreciation. Especially when compared to more common pieces like Rolex subs for example.
The other question to ask yourself a a seller is how patient do you want to be when selling. I'm sure that there are professional buyers willing to buy immediately but at what price? I would like to have an older style 26170 safari but I don't think that I would be able to get more than 13.750 for it when I was ready to trade up. |
27 July 2017, 07:26 AM | #13 |
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The resale is very bad if you don't buy it at 70% of list price
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27 July 2017, 07:56 AM | #14 |
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27 July 2017, 10:09 AM | #15 |
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The specific ROO im considering g is the new Ti. Believe that msrp is around $30k. Where have similar priced ROO's landed a few years in on the secondary market?
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27 July 2017, 11:09 AM | #16 |
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27 July 2017, 11:14 AM | #17 |
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Heard from two VERY reputable AD's I know that 44 Ti will be most produced AP 44mm...so just keep that in mind come resale time. There will be plenty to go around.
Be prepared to be offered $20K-$21k on resale. All depends on markets, when you sell, condition, etc. Also if you're selling direct or to secondary dealer. Buy what you like and buy right (upfront). |
27 July 2017, 12:48 PM | #18 |
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As long as you bought right you should be fine when resale happens
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27 July 2017, 12:57 PM | #19 |
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This is why I almost always buy gently used grey market. I just picked up a ROO rg44 today in mint condition w/ full box and papers dated July '16. I paid 34k instead of the 45900 retail. If I ever go to sell it, I'll be getting a lot closer to what I paid for it than if I had bought it new. Always let the first guy take the massive initial depreciation hit, be it cars or watches. Be the next guy who comes along to get it in excellent condition with minimal use without having to pay the instant depreciation that comes with being the first owner. Winning!
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27 July 2017, 01:01 PM | #20 |
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As with any other modern watch, buy at the right price in order to minimize your loss if/when you sell.
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27 July 2017, 03:30 PM | #21 | |
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27 July 2017, 10:15 PM | #22 | |
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Just passing along info...don't care either way. |
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27 July 2017, 10:44 PM | #23 | |
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I do think its too early to speculate on future resale as it all depends on how the non WIS take to it. We all seem to love the Ti, but i have no data points on the public at large as to if they will take to the model as we all have. If i was guessing i would bet resale settles at around where the SS 44 is now on the pre owned market. That would be a good result as the Ti had a lower starting price to begin with than the SS so the depreciation will be slightly less. Your 20-21k is pretty spot on IMO in the future. Maybe not short term, but that is where 2nd hand prices will settle. |
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28 July 2017, 01:30 AM | #24 | |
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I want this guy back, but am going to wait it out for a bit. I am glad I released it when I did. Now I just have to be patient- which is not my strong suit. lol.
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28 July 2017, 01:41 AM | #25 | |
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tanking might be a bit of an overstatement. That is pretty close to the price you pay retail in the UK minus the VAT if you bring it back to the US. You can get any AP model before a discount at close to 20% off in the UK vs the US if you can get VAT back as the pricing is almost exactly the same as US RRP+ sales tax If you get a modest 10% discount there is the 30% off right there. I can get that on pretty much any model all the time if i was taking them back to the US. |
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28 July 2017, 01:44 AM | #26 | |
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28 July 2017, 01:49 AM | #27 | |
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Prices have softened considerably from launch, i just don't think the downward trend will continue indefinitely as its leveling now. It will dip some more after more used ones hit the market. |
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28 July 2017, 02:00 AM | #28 |
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What do you guys think of the RG 44?
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28 July 2017, 02:17 AM | #29 |
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28 July 2017, 12:31 PM | #30 |
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I love the rg 44, I just got one myself yesterday!
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