The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Other (non-Rolex) Watch Topics > Audemars Piguet Discussion Forum

Reply
 
Thread Tools Display Modes
Old 26 July 2017, 09:14 PM   #1
Foxman2k
"TRF" Member
 
Join Date: Jun 2014
Location: Boston
Posts: 282
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.
Foxman2k is offline   Reply With Quote
Old 26 July 2017, 09:55 PM   #2
watchluxus
"TRF" Member
 
Join Date: Jun 2015
Location: Narnia
Watch: Not Enough
Posts: 210
Quote:
Originally Posted by Foxman2k View Post
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.
It is fairly tough to see what the resale will be on this watch as it is fairly new. I would ASSUME that it would fall 30% from list price.

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).
watchluxus is offline   Reply With Quote
Old 26 July 2017, 10:05 PM   #3
SC11
Banned
 
Join Date: Jul 2010
Real Name: Sam
Location: UK
Watch: AP ☠️
Posts: 6,151
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.
SC11 is offline   Reply With Quote
Old 26 July 2017, 10:16 PM   #4
tyler1980
"TRF" Member
 
tyler1980's Avatar
 
Join Date: Apr 2015
Location: Houston
Posts: 17,622
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.
tyler1980 is offline   Reply With Quote
Old 27 July 2017, 02:59 AM   #5
Foxman2k
"TRF" Member
 
Join Date: Jun 2014
Location: Boston
Posts: 282
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%?
Foxman2k is offline   Reply With Quote
Old 27 July 2017, 03:06 AM   #6
Lordofrolex
"TRF" Member
 
Lordofrolex's Avatar
 
Join Date: Sep 2015
Real Name: Brandon
Location: Los Angeles, CA
Watch: Yes Please!
Posts: 6,690
Im currently selling my AP ROO got some hits but not close enough to the price i want
__________________
Rolex GMT Master II 116710LN
Panerai PAM 359
Audemars Piguet RO 15300OR


Follow me on Instagram: @b_jakobovich
Lordofrolex is offline   Reply With Quote
Old 27 July 2017, 03:10 AM   #7
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,225
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!
AK797 is offline   Reply With Quote
Old 27 July 2017, 04:07 AM   #8
lapince
"TRF" Member
 
Join Date: Jun 2013
Location: Mars
Watch: 5712
Posts: 11,509
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...
lapince is offline   Reply With Quote
Old 27 July 2017, 04:16 AM   #9
singe89
"TRF" Member
 
singe89's Avatar
 
Join Date: Oct 2011
Real Name: Jim
Location: Orange County, CA
Watch: Rolex, AP & Patek
Posts: 3,722
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.
singe89 is offline   Reply With Quote
Old 27 July 2017, 04:24 AM   #10
lapince
"TRF" Member
 
Join Date: Jun 2013
Location: Mars
Watch: 5712
Posts: 11,509
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
lapince is offline   Reply With Quote
Old 27 July 2017, 05:27 AM   #11
7sins
"TRF" Member
 
7sins's Avatar
 
Join Date: Mar 2011
Real Name: B.
Location: Beverly Hills, CA
Posts: 3,340
buy pre-owned, otherwise you will taking a beating on a new ROO
__________________
Richard Mille RG RM030 || Richard Mille RM72ti || AP 26240 50TH Green Royal Oak Chrono || AP Royal Oak Blue JUMBO SS 15202ST || AP ROO Diver Green 15720ST || ♕ Rolex Platinum Daytona Diamond 116506 || Cartier Santos
7sins is offline   Reply With Quote
Old 27 July 2017, 05:39 AM   #12
Jimmy3993
"TRF" Member
 
Jimmy3993's Avatar
 
Join Date: Mar 2017
Real Name: Jim Augustine
Location: Texas
Posts: 323
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.
Jimmy3993 is offline   Reply With Quote
Old 27 July 2017, 07:26 AM   #13
Xerxes77
Banned
 
Join Date: Feb 2017
Location: Home!
Posts: 3,307
Quote:
Originally Posted by Foxman2k View Post
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.
The resale is very bad if you don't buy it at 70% of list price
Xerxes77 is offline   Reply With Quote
Old 27 July 2017, 07:56 AM   #14
tyler1980
"TRF" Member
 
tyler1980's Avatar
 
Join Date: Apr 2015
Location: Houston
Posts: 17,622
Quote:
Originally Posted by Xerxes77 View Post
The resale is very bad if you don't buy it at 70% of list price
ummm....

tyler1980 is offline   Reply With Quote
Old 27 July 2017, 10:09 AM   #15
Foxman2k
"TRF" Member
 
Join Date: Jun 2014
Location: Boston
Posts: 282
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?
Foxman2k is offline   Reply With Quote
Old 27 July 2017, 11:09 AM   #16
Tay821
"TRF" Member
 
Join Date: Feb 2016
Location: USA
Posts: 913
Quote:
Originally Posted by Foxman2k View Post
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?
There are multiple in the for sale sub forum for 25-26k usd
Tay821 is offline   Reply With Quote
Old 27 July 2017, 11:14 AM   #17
texex91
"TRF" Member
 
Join Date: May 2007
Location: .
Posts: 17,898
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).
texex91 is offline   Reply With Quote
Old 27 July 2017, 12:48 PM   #18
Hairdude1
"TRF" Member
 
Hairdude1's Avatar
 
Join Date: Apr 2012
Real Name: Alex
Location: Chicago
Watch: AP,PP, Rolex
Posts: 37,156
As long as you bought right you should be fine when resale happens
__________________
Instagram: @Hairdude
Watches in Collection 5070R, 5522A, 214270 MK1, 228238

16750, 26401, 5711, 116718, 116710LN, 116300, 16710"Coke", 372, 15300, 15703 (All Flipped)
Official Member "Perpetual 30" Las Vegas GTG 2016
Official Member "WIS-CON" Las Vegas International GTG 2017
Official Member 'WIS-CON' Las Vegas Int'l GTG 2018
Hairdude1 is offline   Reply With Quote
Old 27 July 2017, 12:57 PM   #19
Koala
"TRF" Member
 
Koala's Avatar
 
Join Date: Mar 2015
Real Name: Jared
Location: Boston
Watch: AP 26401RO
Posts: 469
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!
__________________
- AP Royal Oak Offshore 26401RO
- Rolex Yacht-Master II 116681
- Rolex GMT-2 116710BLNR
Koala is offline   Reply With Quote
Old 27 July 2017, 01:01 PM   #20
Wesley Crusher
"TRF" Member
 
Wesley Crusher's Avatar
 
Join Date: Aug 2013
Real Name: Wes
Location: Holosuite
Posts: 6,345
As with any other modern watch, buy at the right price in order to minimize your loss if/when you sell.
Wesley Crusher is offline   Reply With Quote
Old 27 July 2017, 03:30 PM   #21
Tomas Eriksson
"TRF" Member
 
Tomas Eriksson's Avatar
 
Join Date: Apr 2015
Location: Stockholm
Watch: 15707CE
Posts: 1,986
Quote:
Originally Posted by texex91 View Post
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).
If the demand is high it doesn't matter if they produce a lot of them, could potentially be positive for resale. Look at how many submariners Rolex pump out and they are exceptionally strong second hand.
__________________
State of the union: 5066A,15400ST,15707CE,116610LN,26470OR and a few other…
Tomas Eriksson is offline   Reply With Quote
Old 27 July 2017, 10:15 PM   #22
texex91
"TRF" Member
 
Join Date: May 2007
Location: .
Posts: 17,898
Quote:
Originally Posted by Tomas Eriksson View Post
If the demand is high it doesn't matter if they produce a lot of them, could potentially be positive for resale. Look at how many submariners Rolex pump out and they are exceptionally strong second hand.
Ok...let's see.

Just passing along info...don't care either way.
texex91 is offline   Reply With Quote
Old 27 July 2017, 10:44 PM   #23
tyler1980
"TRF" Member
 
tyler1980's Avatar
 
Join Date: Apr 2015
Location: Houston
Posts: 17,622
Quote:
Originally Posted by texex91 View Post
Ok...let's see.

Just passing along info...don't care either way.
I 100% agree with you that it will be the most produced 44. Pricing alone positions the watch there, relative to the other 44's which cost far more.


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.
tyler1980 is offline   Reply With Quote
Old 28 July 2017, 01:30 AM   #24
jschmidtdmd
"TRF" Member
 
Join Date: Jan 2010
Real Name: John
Location: Denver
Posts: 2,294
Quote:
Originally Posted by texex91 View Post
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).
Yes- this is accurate information and the price is already tanking. I was offered a new one this week for 23k.

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.
__________________
Watches!
jschmidtdmd is offline   Reply With Quote
Old 28 July 2017, 01:41 AM   #25
tyler1980
"TRF" Member
 
tyler1980's Avatar
 
Join Date: Apr 2015
Location: Houston
Posts: 17,622
Quote:
Originally Posted by jschmidtdmd View Post
Yes- this is accurate information and the price is already tanking. I was offered a new one this week for 23k.

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.

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.
tyler1980 is offline   Reply With Quote
Old 28 July 2017, 01:44 AM   #26
jschmidtdmd
"TRF" Member
 
Join Date: Jan 2010
Real Name: John
Location: Denver
Posts: 2,294
Quote:
Originally Posted by tyler1980 View Post
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.
Fair enough.......I guess I should have been more clear. 23k is much less than I paid for my first one.
__________________
Watches!
jschmidtdmd is offline   Reply With Quote
Old 28 July 2017, 01:49 AM   #27
tyler1980
"TRF" Member
 
tyler1980's Avatar
 
Join Date: Apr 2015
Location: Houston
Posts: 17,622
Quote:
Originally Posted by jschmidtdmd View Post
Fair enough.......I guess I should have been more clear. 23k is much less than I paid for my first one.
i agree that prices are stronger now than they will be and I think they will fall below 23k in the near future but price are weaker than when you bought. I just don't think that is necessarily bad from a value retention standpoint as you should expect some depreciation. I don't think its going to be any better or worse than other AP's. Its still much better value retention than almost all other brands. Rolex/PP may have a bit less depreciation, but i do think AP does fairly well, and the Ti will be about the average for an AP.

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.
tyler1980 is offline   Reply With Quote
Old 28 July 2017, 02:00 AM   #28
masterserg
"TRF" Member
 
masterserg's Avatar
 
Join Date: Jul 2011
Real Name: Serg
Location: US of A
Watch: AP
Posts: 7,425
What do you guys think of the RG 44?
__________________
How can you have any pudding if you don't eat yer meat????
masterserg is offline   Reply With Quote
Old 28 July 2017, 02:17 AM   #29
wlchuccc
"TRF" Member
 
Join Date: Jul 2017
Location: everywhere
Posts: 292
Quote:
Originally Posted by masterserg View Post
What do you guys think of the RG 44?
And CE 44?
wlchuccc is offline   Reply With Quote
Old 28 July 2017, 12:31 PM   #30
Koala
"TRF" Member
 
Koala's Avatar
 
Join Date: Mar 2015
Real Name: Jared
Location: Boston
Watch: AP 26401RO
Posts: 469
Quote:
Originally Posted by masterserg View Post
What do you guys think of the RG 44?
I love the rg 44, I just got one myself yesterday!
Attached Images
File Type: jpg AP ROO rg44 1.jpg (255.3 KB, 147 views)
__________________
- AP Royal Oak Offshore 26401RO
- Rolex Yacht-Master II 116681
- Rolex GMT-2 116710BLNR
Koala 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

Coronet

Takuya Watches

Bobs Watches

Asset Appeal


*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.