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6 April 2020, 12:03 PM | #121 |
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Long list at AD’S for the popular models. I don’t think their is a chance of discounting on SS models
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6 April 2020, 12:05 PM | #122 |
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What a dumb prediction based on nothing; below msrp in your dreams,
A big lol, |
6 April 2020, 12:07 PM | #123 |
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Sadly you’re being over optimistic OP. The first watches to nose dive will be million plus production so called vintage pieces, GMT 16710 and 5 digit subs. I don’t see much happening on new/unworn pieces, since production has ceased, probably for the first time since WWII.
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6 April 2020, 12:09 PM | #124 |
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6 April 2020, 12:11 PM | #125 |
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I don't see that happening Anytime soon even tho the market at the world is on the Fritz..
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6 April 2020, 12:18 PM | #126 |
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As soon as resale prices approach or equal MSRP its game over for premiums. All of the people buying for a quick buck, or buying knowing they can recoup their money in a pinch, are removed from the equation. This tanks demand at AD’s, SS models end up back in cases, and grays have to discount to compete. Grays discounting = people buying at MSRP selling at a loss. Bye bye flippers, speculators, etc. and hello SS inventory at MSRP
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6 April 2020, 12:22 PM | #127 |
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I can see your underpants.
Enough of these threads already ... we'll find out what's to come when it happens!
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6 April 2020, 12:22 PM | #128 |
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Do I want the prices of luxury items to drop - no - because if they do, it is indicative of a much much wider problem
Do I want everyone to continue doing well and the economy to gain strength - yes - Even if I have to pay a couple grand more for my timepiece - definitely - because it means I will continue to be doing well also Unfortunately the economy has taken a hit, and in my opinion this effect will be felt for a number of quarters. Remember what you wish for
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6 April 2020, 12:39 PM | #129 |
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I don’t see this happening. I know A LOT of people were negatively affected by this but there are still A LOT of people who were insulated and are doing just fine. Rolex makes 1m watches a year, those will still be claimed. Rolex won’t feel a thing. That’s why they won’t sell online. They don’t have to. It will be business as usual.
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6 April 2020, 12:42 PM | #130 | |
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Quote:
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6 April 2020, 12:59 PM | #131 |
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6 April 2020, 01:05 PM | #132 | |
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I can see SS discounting at 10-20% in a near future.
Quote:
Looks like you’re parroting nonsense. I work with multiple Chinese manufactures and their companies have been up and running for over 2 weeks now. |
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6 April 2020, 01:06 PM | #133 |
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I can see SS discounting at 10-20% in a near future.
It’s called willingness to pay not demand; its economic concept related To negotiations between two willing parties There is no demand just a willingness to pay above retail A bubble is a situation in which the market price is not certain, in a bubble the price is someone’s willingness to pay X Sent from my iPhone using Tapatalk |
6 April 2020, 01:10 PM | #134 | |
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Quote:
Just because they're open doesn't mean their output is remotely close to what it was before....which is what is implied by....'back to normal'. Serious |
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6 April 2020, 01:20 PM | #135 |
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Ibtl
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6 April 2020, 01:56 PM | #136 | |
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Quote:
I would not be surprised to see by end of year... Above MSRP - Daytona, Pepsi, Skydweller blue (but only a few grand, for example Pepsis for $13-14K, Daytona black at $14-15K, Daytona white at $16K) MSRP and above - Batman, Hulk (MSRP or maybe $1-2K more - of course, if Hulk is discontinued then it would go to above category) MSRP or slightly below - Sub, Sub Date, Seadweller, and Explorer I and II, DJ SS blue dial Below MSRP - pretty much everything else *** once the modern pieces hit 5 years old (out of warranty) they will drop considerably vs. same model with warranty |
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6 April 2020, 02:00 PM | #137 | |
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Quote:
There is no lack of inventory for a BLRO or SS Daytona. If all those flipper sales go away because greys aren’t buying anymore, the first time buyer has a shot at an AD again. |
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6 April 2020, 02:06 PM | #138 | |
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So, they had coronavirus parties in Italy too? Lol. I don’t think so. Sent from my iPhone using Tapatalk |
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6 April 2020, 02:16 PM | #139 | |
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Very weak comparison. Their case fatality rate is high, our actual confirmed case number is growing at a more exponential/alarming rate than theirs (actually faster than anywhere else in the world and has been for weeks mind you). Not to mention, your point doesn’t even make sense. The post I quoted, simply compared China’s lessened numbers to the US and I explained why that was so. I was comparing Apples to Oranges, now you’re trying to compare Apples to tangerines...why? Nice try though |
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6 April 2020, 02:17 PM | #140 |
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Pure speculation.
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6 April 2020, 02:30 PM | #141 |
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There's always a group of people waiting for the "right" time to purchase a Rolex. The truth is they are never going to buy one - just like stocks or housing.
Complaining about over inflated prices, will not pay over retails, once prices is at retail, they will only buy at discount, when they are offered discount, they will wait for deeper discounts. When prices creep back up, they complain about it and swear to buy when it dips. The never ending cycle - might be better off finding another hobby. |
6 April 2020, 02:36 PM | #142 | |
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We should find a new hobby because we patiently wait to not pay above what the actual factory retailer sells something for? I’m sure salesmen love people with your logic |
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6 April 2020, 02:46 PM | #143 | |
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6 April 2020, 04:19 PM | #144 | |
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6 April 2020, 04:55 PM | #145 |
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You would have to see unprecedented supply on the SS watches for ADs to start discounting. You would need to have two Subs sitting in a display case before they would consider any discount.... I can't see that happening.
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6 April 2020, 05:01 PM | #146 |
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Another “your watch is now worthless” thread .......ok
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6 April 2020, 08:41 PM | #147 |
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Indeed, in the short term, but govts will be under enormous pressure to ease open up their economies fairly soon combined with mass testing, with then older people having to sacrifice their freedom and stay indoors for many more months, that is how I see this playing out. The economy will soon become the priority in the public opinion. If the virus mutates to killing under 50s at the rate of over 70s then the medics will win the argument and we will all be in lockdown for 6 months plus and yes then we are into depression territory and all bets are off, but with the figures and plateauing we are now seeing in Spain and Italy and Germany that is not looking likely.
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6 April 2020, 10:12 PM | #148 |
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I hope this means you won’t be leaving anymore comments on this thread.
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6 April 2020, 10:17 PM | #149 |
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If you are in the market for a hot Rolex SS model just sit and wait, I can see SS Daytona, Pepsi and SD trading bellow MSRP in a near future.
OP: Please lend me your "Special Glasses" that let you look into the future and see Rolex watches being worth diddly squat. |
6 April 2020, 10:19 PM | #150 | |
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You’re making too much sense for some members. As you said, some are too emotional to see the obvious. Never buy any watch as an investment guys. |
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