I just got the call today after wating or three years for a sub date. Should I do it?

[saxo3]

Originally Posted by Mystro

This forum is kind today. How is this not an indirect watch market flipping question??

+1, best post so far and I read them all.
It was indeed also my first idea.

[worldofoyster]

you will not lose a lot of money. but if you are concern about it, then i suggest you not to buy it at the moment.

[Oystersteel92]

Originally Posted by Jason Bourne

Go for it. You can always sell Sub at retail at any time.

Same as keeping your funds in the bank but much more enjoyable

Agree...YOLO.

[eonflux]

Originally Posted by Tools

If you have to worry about near-term finances then you should think long and hard about any expensive luxury purchase.

Being able to buy something and is not the same as being able to afford something.

Better off not thinking of watches in this way...

[tsekh]

Originally Posted by Tools

If you have to worry about near-term finances then you should think long and hard about any expensive luxury purchase.

Very true.

On top of that. While it's unlikely that the second hand value of a sub will lose 20% compared to MSRP, that's only true if you keep your watch in like new/excellent condition. If you wear it, it will accumulate scratches. You may also get some serious dents here and there from minor accident that's out of your control.

If you are not in a comfortable financial position to buy it, and have to constantly think about the second hand value of the watch, don't buy it.

[Harry-57]

You have answered your own question. If there is a doubt there is no doubt.

[MJZRolex]

I think you knew the answer before you posted the question.

[sgt10p]

What I have learned after 63 years is that there is always some material thing I want. Watch, car, bike. Always something I fancy. You don't really need this watch. You need to decide what is important to you. However if this watch will make you happy, if you're willing to make other sacrifices to get it, fill your boots. But I think it's a no, otherwise you wouldn't have asked a bunch of strangers the question.

Good luck to you whatever you decide.

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[nick800]

You will loose money if you have to sell a worn Sub.

[Ny325]

When in doubt, do without.

[Nairn1980]

Originally Posted by Ny325

When in doubt, do without.

Gotta be this

[zengineer]

Originally Posted by Mystro

This forum is kind today. How is this not an indirect watch market flipping question??

At some point, it is just too much work to mock outrage every time someone mentions price.

[KatGirl]

Originally Posted by Mystro

This forum is kind today. How is this not an indirect watch market flipping question??

That did not even occur to me, until I read your response. Also, the OP has not responded, since he started the thread, and his first and only post. I think you nailed it!

Kat


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[Socalwatchguy]

If it is not financially comfortable, it sucks the fun out of it...

Wait for the right time, so that you can truly enjoy that purchase and never worry about having to sell it.

[yankeeromeo]

Originally Posted by KatGirl

You certainly would not lose 20%, in the near future, in this current market. If you want it, get it. You can always sell it , if need be.

Kat


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I'm with Kat currently think at worst you'd break even

[Tambo19]

Wow, after waiting for three years, getting the call for a sub date is a big deal! its definitely a highly sought-after watch.

[Krash]

I think you should pass, especially if you have a wife and kids.

Others have already said this, but if money is a factor, then forget about it.


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[windingmybusiness]

Originally Posted by socalwatchguy

if it is not financially comfortable, it sucks the fun out of it...

Wait for the right time, so that you can truly enjoy that purchase and never worry about having to sell it.

+1

[GGGMT]

Originally Posted by Tools

If you have to worry about near-term finances then you should think long and hard about any expensive luxury purchase.

This. This sounds too close for comfort to me.


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[kopi-c]

Originally Posted by Mlpovo

I am not in the same position financially as when I went on the list. I have the money but... How liquid is the watch if something came up. Would I lose 20% or more?

No, dont do it.

Sub date could always be purchased later.

[Insert User Name]

If you want the watch buy it. If your worried about "short term gains" and/or thinking you want to flip it...don't buy it.

[Apdl]

Originally Posted by piratfisk

Amen to this. Your luxury purchase should, ideally, have zero effect on your quality of life, including mental health worrying about money. If you want to try to save face with your AD, say something like you're no longer interested in that model & request another (maybe cheaper?) one. In any scenario, I wouldn't purchase any luxury item if any other aspect of my life would suffer. As cool as Ferraris are, I'd rather be sleeping in my condo with all of my bills paid than in a LaFerrari & have to worry if I can afford the insurance.

Agree, I would hate to have this tangle object as the source of finical discomfort looking me in the face everyday.

[John Doyle]

Buy it and flip it if you can make a profit, or hold then flip when the market is high.