5711 actually selling at listed prices?

[tonupbklyn]

i can only assume that resellers are listing pre-owned (and we're talking 5yrs+ old units!) SS models at inflated prices of 65-70k cuz there are real buyers taking them on a regular basis.

any members personally know anyone who has at those price levels...or brave (or baller!) enough to admit doing so her/himself?

cuz holy crap, I'd let mine go at a blink if someone came knocking with that much cash in hand!

[SL BRABUS]

The REAL RICH buy at those price...

Soon we will know who is the REAL RICH.....

And those who say they buy it at retail are fake rich or to cheap to pay the market price.......

[Fat_ninja]

Originally Posted by SL BRABUS

The REAL RICH buy at those price...

Soon we will know who is the REAL RICH.....

And those who say they buy it at retail are fake rich or to cheap to pay the market price.......

If we have a convo on REAL and Fake rich again...some more members are going to get banned...I’m going to have no more internet friends

[Keldw]

I bought mine at 3K usd above retail last year. A friend of mine just bought one for 60K usd last month.


Sent from my iPhone using Tapatalk

[SL BRABUS]

Originally Posted by Fat_ninja

If we have a convo on REAL and Fake rich again...some more members are going to get banned...I’m going to have no more internet friends

The problem with today social media is people taking thing to seriously.......

I admitted, I'm cheap and would never pay 65k-70k for a 5711.....

[Fat_ninja]

Originally Posted by SL BRABUS

The problem with today social media is people taking thing to seriously.......

I admitted, I'm cheap and would never pay 65k-70k for a 5711.....

Problem with People is they take things serious. I can’t pay $65-70k for a 5711. Knowing it cost 30k...I’d feel like someone took advantage of me...every time I look down at my wrist I’d get angry. So much so I’d sell it at a loss and buy a rolex.

[Bearxj86]

Originally Posted by SL BRABUS

The REAL RICH buy at those price...

Soon we will know who is the REAL RICH.....

And those who say they buy it at retail are fake rich or to cheap to pay the market price.......

I fall into the latter category here. My view is similar to Buffet - in the short term the market is a voting machine but in the long term it is a weighting machine.
These prices are actually similar to others- I see:
5990 over $100k
5980R on strap over $100k
5726 steel listed over $100k
5712 over 70k

I would say the 5711 is a relative bargain lol

[CamSLC]

A friend got a blue 5711 in 2018 for whatever the going market price was and sold it a few months later to fund something else. Rode the wave and made a few grand. At that same time, we were asking the same question, who is buying these??? Only time will tell.

[np2016]

I must be in the frugal minority over here. I got both my 5167a and 5711 from my AD at msrp. I would never pay over msrp I rather spend that premium on a vacation or invest it in the market. I am hoping I can get a 5712 or 5212 this year from my AD.

[Snow-Dweller]

I got my blue 5711 from PP salon in Geneva in January.

I bought my white 5711 used (2015 watch) at way above MSRP in April. A friendly AD said he will get me a new one during the course of the year, at which point I intend selling the used one.

I’m hoping that prices don’t crash before I make the switch (I may even make a small profit on the used watch).

Life is short....I didn’t want to wait.

[ufboy73]

Originally Posted by Snow-Dweller

I got my blue 5711 from PP salon in Geneva in January.

I bought my white 5711 used (2015 watch) at way above MSRP in April. A friendly AD said he will get me a new one during the course of the year, at which point I intend selling the used one.

I’m hoping that prices don’t crash before I make the switch (I may even make a small profit on the used watch).

Life is short....I didn’t want to wait.

just curious, had you purchased from the Geneva boutique in the past?

[zahain]

Originally Posted by ufboy73

just curious, had you purchased from the Geneva boutique in the past?

Nope that was his first purchase. I believe he was on the closed list for 3+ years though, he is more patient than most of us

[Calatrava r]

its all about bragging rights. I got mine at retail...

[Fat_ninja]

Originally Posted by Calatrava r

its all about bragging rights. I got mine at retail...

So did my kid :)

[ufboy73]

Originally Posted by zahain

Nope that was his first purchase. I believe he was on the closed list for 3+ years though, he is more patient than most of us

Interesting, thanks....

I’d be willing to go on a list, knowing that was the timeframe...the issue is goung on a ‘list’ with no potential timeframe

[Snow-Dweller]

Originally Posted by ufboy73

just curious, had you purchased from the Geneva boutique in the past?

No. I was on the waiting list for three and a half years.

[tonupbklyn]

Originally Posted by ufboy73

I’d be willing to go on a list, knowing that was the timeframe...the issue is goung on a ‘list’ with no potential timeframe

I'm on a so-called wait last at wempe in nyc for the 11R.
have been over a year.
but still uncertain if A) there legitimately is a list and/or B) if they're actually keeping track of it.

my hunch is neither.

everytime i ask for an update on my position on the list or ETA on another piece coming in, all i get is a shoulder shrug, rather than defined info.
quite frustrating.

[Aquaman]

Originally Posted by tonupbklyn

I'm on a so-called wait last at wempe in nyc for the 11R.
have been over a year.
but still uncertain if A) there legitimately is a list and/or B) if they're actually keeping track of it.

my hunch is neither.

everytime i ask for an update on my position on the list or ETA on another piece coming in, all i get is a shoulder shrug, rather than defined info.
quite frustrating.

i hear AD's know what there are being allocated and roughly when some watches are being delivered

so a shoulder shrug might mean your not a valued customer

[Vipes]

Originally Posted by tonupbklyn

I'm on a so-called wait last at wempe in nyc for the 11R.
have been over a year.
but still uncertain if A) there legitimately is a list and/or B) if they're actually keeping track of it.

my hunch is neither.

everytime i ask for an update on my position on the list or ETA on another piece coming in, all i get is a shoulder shrug, rather than defined info.
quite frustrating.

Don’t feel bad. I’m in the same situation with a 5990 at my AD. I think most large ADs will have a list but you will get bumped down due to bigger spenders.

[dannyp]

Originally Posted by Vipes

Don’t feel bad. I’m in the same situation with a 5990 at my AD. I think most large ADs will have a list but you will get bumped down due to bigger spenders.

They are more of “interest lists” instead of “waiting lists.” The latter implies some form of uniform standard for how it is ordered, and whose name bumps others (like upgrades for frequent fliers). This is just a collection of names that they’ll call if the guy they called before declines.

[spiker]

I'm cheap too! Bought my 5712 in 2017 from an AD for MSRP. Had to wait 2 months!

[martinr]

Originally Posted by Fat_ninja

Problem with People is they take things serious. I can’t pay $65-70k for a 5711. Knowing it cost 30k...I’d feel like someone took advantage of me...every time I look down at my wrist I’d get angry. So much so I’d sell it at a loss and buy a rolex.

I bought a 5167R at msrp less 15% and every time I looked at my wrist I said “30K for this”. So it’s all relative.

[GeraldGentaFan]

My ADs all talk about wish list to make it clear there is not more just waiting to get the watch. Just the buyer expressing a wish!

[Snow-Dweller]

Originally Posted by GeraldGentaFan

My ADs all talk about wish list to make it clear there is not more just waiting to get the watch. Just the buyer expressing a wish!

That’s exactly how the Geneva salon operates....”nous avons noté votre souhait” - we have noted your wish.....

....and that’s how I got my 5711.

[Fat_ninja]

Originally Posted by martinr

I bought a 5167R at msrp less 15% and every time I looked at my wrist I said “30K for this”. So it’s all relative.

Now u just rubbing it in lol

I am jealous tho

[soundserious]

Does OP own a 5711/1a or is this hypothetical?

[tonupbklyn]

Originally Posted by soundserious

Does OP own a 5711/1a or is this hypothetical?

i do. the fantasy is to find a 5711R at retail, and sell the 5711/1A to pay for it.

[Aquaman]

Originally Posted by tonupbklyn

i do. the fantasy is to find a 5711R at retail, and sell the 5711/1A to pay for it.

In that case play your own game ,

And work out how brave you are

But good luck

[V25V]

Originally Posted by tonupbklyn

i do. the fantasy is to find a 5711R at retail, and sell the 5711/1A to pay for it.

It is absolute insanity that this can be done and go buy the wife something nice with the difference.

[tonupbklyn]

Originally Posted by V25V

...and go buy the wife something nice with the difference.

smart!