We should help stopping the madness.

[Harry-57]

Originally Posted by Ouro9999

I can not compete with someone who bought not one, but two Rolex watches at grey dealers.

I'm not asking you to. I am not competing with you. You may think you are competing with me but you're not.

How about the question I posed in my second point? Is it OK to use a grey dealer to obtain a watch at less that MSRP or is that wrong too?

[Token74]

Originally Posted by Ouro9999

I would pay more for a great vintage

Not even for a ceramic daytona i would pay above retail, as this watch is available at Rolex catalogue.

I tell all my friends not to do it, instead buy something new (from other brands)


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So you will happily pay more for an old inferior used watch than a new superior watch just because of an MRSP?

And you tell your friends to buy another watch brand at MRSP which will lose half it’s value immediately, instead of buying a hot Rolex which despite its inflated price, will be worth more in a year than it is today?

I get the principle of the message, but I think these two statements are a bit bonkers.



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[BroncoOne]

Originally Posted by Harry-57

I'm not asking you to. I am not competing with you. You may think you are competing with me but you're not.

How about the question I posed in my second point? Is it OK to use a grey dealer to obtain a watch at less that MSRP or is that wrong too?

I like this angle.
If you REALLY want to undermine the grey market sellers, put all of your desirable stainless steel professional model Rolex watches for sale for 1/2 of what you paid for them. After all, its the principle, right?

[hallidc]

Supply v demand my friend. That will never change.

[Skydwella]

Originally Posted by mykii

Market prices are market prices, for better or worse. People seem to hate this as a buyer, but will turn-face and embrace it as a seller. Worst yet, "value retention" or "appreciation" is what draws many to Rolex. To me, it is very much a chicken vs the egg.

Very good point.

[Uggi]

Originally Posted by Calatrava r

Comes from the movie Pulp Fiction where Christopher Walken plays a Vietnam vet who gives a boy his father's gold watch which he hid from others in his you got it.

Pretty sure he says "ass" not "rectum".

[Muxi]

Just go with the flow and be happy.

[Goonthree]

Agree, I would pay $1M over for Ferrari Ferrari aperta as it is worth $5M over msrp. Just like many will be $16k for Daytona ss quickly. When we can get way below marker value it is a deal

Originally Posted by Uggi

Don't believe you. What if a watch you really wanted was offered at literally ONE PENCE over retail price?
I think you'd pay above retail, just like the next man/woman would.

[soxfan39]

I just bought a 116500 white from a grey here on TRF. I paid approx $10k over retail. If the wait time from an AD is 5 years, I’m paying $166/mo to enjoy the watch during that time. Worth it? It was for me

[time_and_cars]

Super tired about this topic.... People complying about the premium price Bla Bla Bla.... If you have the opportunity to get a SS sport model from AD lucky you if not well you can go and buy it from Grey and pay the price.... If you don't want or you don't have the opportunity to get it from AD well bad luck that's it.... People can do whatever they want with they money.... It's like to try to get a super car... Ferrary Lamborghini Porsche make special cars if you can get one nice if not pay the price that's it.....

[SS Oyster]

Just silly - if you want a Daytona SS or Pepsi and don’t want to wait eons for them, you will have to pay “market pricing”, which could be anywhere from 70-200% more than MSRP.

If you want an Omega, would you be willing to pay only MSRP or “market pricing” at 40% less than MSRP?

Is your time worth nothing? Would you not get value out if having the watch sooner?


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[AF_Rob]

I've never paid retail. I'll certainly never pay over it. In my current situation, the end doesn't justify the means.

Would I bite the bullet if I had the means and could have it sooner? I doubt it. When it comes to other things in my life, time is a factor and has a monetary value. However, in this hobby, time can come at a heavy price. To me, that price is not practical and can be much better spent elsewhere.

[boogiebot]

I have to agree on not feeding the madness. The sooner we all stop buying the sooner these watches are less in demand. There are a lot of other brands that have serious value and that’s where I will be focusing my consumer dollars on


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[Pantheon]

Originally Posted by AF_Rob

I've never paid retail. I'll certainly never pay over it. In my current situation, the end doesn't justify the means.

Would I bite the bullet if I had the means and could have it sooner? I doubt it. When it comes to other things in my life, time is a factor and has a monetary value. However, in this hobby, time can come at a heavy price. To me, that price is not practical and can be much better spent elsewhere.

Great way to look at it. I'm not going to dictate what people can do with their money but I feel like some people have a bizarre desire to get a piece ASAP. Watches are not a priority and I can live waiting for something. Of course I'm not a one watch guy, I have a decent amount of watches so I'm never desperate for the next piece. I can kind of understand it if you are a one and done person but I feel that a lot of people are buying because of FOMO

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[Pantheon]

Originally Posted by boogiebot

I have to agree on not feeding the madness. The sooner we all stop buying the sooner these watches are less in demand. There are a fond other brands that have serious value and that’s where I will be focusing my consumer dollars on


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Yes its rather a little sad to see as a watch lover that some people buy only on value retention or flippability and end up missing out on some great alternatives due to FOMO. Although I wouldn't say stop buying the watches but rather stop buying from grays. Grays get their stock from the exact same ADs we all go to. If we dont give the grays the market, then it'll discourage the flippers looking to make a quick buck.

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[boogiebot]

Originally Posted by Pantheon

Yes its rather a little sad to see as a watch lover that some people buy only on value retention or flippability and end up missing out on some great alternatives due to FOMO. Although I wouldn't say stop buying the watches but rather stop buying from grays. Grays get their stock from the exact same ADs we all go to. If we dont give the grays the market, then it'll discourage the flippers looking to make a quick buck.

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Very true my friend. I personally can’t buy from the grays. The China man in me won’t allow me to, I’m asian and I’m cheap .


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[AF_Rob]

Originally Posted by Pantheon

FOMO

I had to Google that. Sign of getting old, maybe.

[OutColed]

I’m over Rolex at this point. I’m in the market for a new BLNR, have been for 6 months or so now. This is a want, not a need, so I’ll revisit the idea in a year or three when the insanity is gone, or my AD calls and has a watch for me in inventory.