The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Watch Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 4 January 2010, 05:14 AM   #1
winged wheel
Member
 
Join Date: Dec 2009
Location: Tennessee
Posts: 164
YM's aren't my cup of tea, but. . .

My local AD has a new stainless 40 mm YM in the 20% off case. It shook out to about $6,400 pre tax. Is this a good enough price to justify th investment for an eventual flip? I looked through the classifieds, but didn't see ant recent listings for a YM. Any experts out there? Thanks.
winged wheel is offline   Reply With Quote
Old 4 January 2010, 05:22 AM   #2
jvo300
"TRF" Member
 
jvo300's Avatar
 
Join Date: Sep 2009
Location: TX
Posts: 1,897
If you don't like the watch, then I say no. Buying a watch mainly because it appears to be a deal usually ends in disaster. The only exception would be if you can get something for more than 40+% off. Even then it would have to be a watch for which there is a market (ie I wouldn't buy a Panerai Ferrari even at 50% off). YMs are a fairly unpopular model. Bottomline is buy it if you like it only and are willing to lose a little in a resale.
jvo300 is offline   Reply With Quote
Old 4 January 2010, 05:27 AM   #3
Juggernaut
"TRF" Member
 
Juggernaut's Avatar
 
Join Date: Sep 2009
Posts: 901
I had a used YM for a little while. I didn't care at all for the polished center links. I was first attracted by the speckled platinum dial, but after wearing it for a little I noticed it was all too monotonous. Not to mention boats and yachts are no where in my life. I flipped it for a nice Sub LV.
Juggernaut is offline   Reply With Quote
Old 4 January 2010, 05:28 AM   #4
winged wheel
Member
 
Join Date: Dec 2009
Location: Tennessee
Posts: 164
Yeah. And as it turns out that's not even a stellar deal. Found one via shopzilla at na AD for 5.8K. Thanks.
winged wheel is offline   Reply With Quote
Old 4 January 2010, 05:29 AM   #5
kcmo
"TRF" Member
 
Join Date: Jan 2007
Real Name: Karis
Location: USA
Posts: 19,377
I don't think it's worth it for a flip
kcmo is offline   Reply With Quote
Old 4 January 2010, 05:34 AM   #6
JJ Irani
Fondly Remembered
 
JJ Irani's Avatar
 
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,320
Quote:
Originally Posted by kcmo View Post
I don't think it's worth it for a flip
Exactly!! YMs don't hold their resale value too well and you would lose on the resale.

JJ
__________________
Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!!

I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!!
JJ Irani is offline   Reply With Quote
Old 4 January 2010, 05:44 AM   #7
PeteNYC13
"TRF" Member
 
PeteNYC13's Avatar
 
Join Date: Nov 2009
Real Name: Pete
Location: USA
Watch: Rolex
Posts: 1,590
Quote:
Originally Posted by JJ Irani View Post
Exactly!! YMs don't hold their resale value too well and you would lose on the resale.

JJ
__________________________________________________ _______________

JJ - talk like that is going to hurt this guys feelings!
Attached Images
File Type: jpg DSC00274.jpg (37.0 KB, 358 views)
__________________
SS Submariner K16610
SS Submariner F16610LV
SS/P Yachtmaster M16622
SS Black Dial Daytona M116520
SS Explorer II D16570
PeteNYC13 is offline   Reply With Quote
Old 4 January 2010, 05:45 AM   #8
JJ Irani
Fondly Remembered
 
JJ Irani's Avatar
 
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,320
Quote:
Originally Posted by PeteNYC13 View Post
__________________________________________________ _______________

JJ - talk like that is going to hurt this guys feelings!
So just hang on to him!!
__________________
Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!!

I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!!
JJ Irani is offline   Reply With Quote
Old 4 January 2010, 05:52 AM   #9
PeteNYC13
"TRF" Member
 
PeteNYC13's Avatar
 
Join Date: Nov 2009
Real Name: Pete
Location: USA
Watch: Rolex
Posts: 1,590
Quote:
Originally Posted by JJ Irani View Post
So just hang on to him!!
__________________________________________________ _______________

That's the plan! :-)

It is funny that the YM doesn't hold value the way some others do, including the much more available Sub. Either way, I find the YM to be the perfect compliment to the Sub, almost the "negative" of the black on black.

I guess to the point of the thread, you don't buy a Rolex unless it's a crazy good deal to flip it, buy the watch you fall for and you can't go wrong.

That being said, "everyone" has a Sub, you should see the looks the YM gets when people see it.

-Pete
__________________
SS Submariner K16610
SS Submariner F16610LV
SS/P Yachtmaster M16622
SS Black Dial Daytona M116520
SS Explorer II D16570
PeteNYC13 is offline   Reply With Quote
Old 4 January 2010, 05:56 AM   #10
JJ Irani
Fondly Remembered
 
JJ Irani's Avatar
 
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,320
Quote:
Originally Posted by PeteNYC13 View Post
__________________________________________________ _______________

That's the plan! :-)

It is funny that the YM doesn't hold value the way some others do, including the much more available Sub. Either way, I find the YM to be the perfect compliment to the Sub, almost the "negative" of the black on black.

I guess to the point of the thread, you don't buy a Rolex unless it's a crazy good deal to flip it, buy the watch you fall for and you can't go wrong.

That being said, "everyone" has a Sub, you should see the looks the YM gets when people see it.

-Pete
Looks of sheer envy and admiration, I bet!!

__________________
Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!!

I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!!
JJ Irani is offline   Reply With Quote
Old 4 January 2010, 06:54 AM   #11
PeteNYC13
"TRF" Member
 
PeteNYC13's Avatar
 
Join Date: Nov 2009
Real Name: Pete
Location: USA
Watch: Rolex
Posts: 1,590
Great picture, reminds me... I promised to look for a new camera after the holiday rush. :-)

-Pete
__________________
SS Submariner K16610
SS Submariner F16610LV
SS/P Yachtmaster M16622
SS Black Dial Daytona M116520
SS Explorer II D16570
PeteNYC13 is offline   Reply With Quote
Old 4 January 2010, 11:40 AM   #12
Zanuf
Member
 
Join Date: Dec 2009
Location: Los Angeles
Posts: 99
Quote:
Originally Posted by jvo300 View Post
If you don't like the watch, then I say no. Buying a watch mainly because it appears to be a deal usually ends in disaster.
+1

I'd rather pay full pop for my favorite Rolex than get a deal on my third favorite.
Zanuf is offline   Reply With Quote
Old 4 January 2010, 11:43 AM   #13
Perdu
"TRF" Member
 
Perdu's Avatar
 
Join Date: Jul 2007
Real Name: Gary
Location: GMT-6
Watch: GMT
Posts: 3,350
Although I have flipped I never buy a watch with a flip in mind. Much better to get the watch you want.
__________________
Omega Seamaster 300M GMT Noire
Omega Seamaster Aqua Terra 8500

Benson 1937 Sterling Silver Hunter
Perdu is offline   Reply With Quote
Old 4 January 2010, 01:45 PM   #14
Singslinger
"TRF" Member
 
Singslinger's Avatar
 
Join Date: Sep 2008
Location: singapore
Posts: 6,424
I've posted this before but it bears repeating - I think that the YM's depreciation is no worse than other more popular models of comparable price, with the exception of the Daytona.

For example, the TT Blue Sub (or Bluesy as it's known in TRF) which brand-new costs about the same as the S/S YM and is supposed to be one of Rolex's most popular watches, suffers almost exactly the same depreciation in the secondhand market.

So IMO it is wrong to compare the YM's depreciation with the S/S Sub because they command very different prices. Much better to compare watches in the same price bracket to get the right picture.
Singslinger is offline   Reply With Quote
Old 4 January 2010, 03:04 PM   #15
cdnwatchguy
"TRF" Member
 
cdnwatchguy's Avatar
 
Join Date: Jul 2009
Location: Alberta, Canada
Posts: 921
Low $5000.00s now

i would buy lightly used for nearly $1500.00 cheaper than your brand new at AD one. Other posters are right, they don't hold there value as well as others.
__________________
Keith
cdnwatchguy is offline   Reply With Quote
Old 4 January 2010, 03:10 PM   #16
Jim232118
"TRF" Member
 
Jim232118's Avatar
 
Join Date: Dec 2009
Real Name: Jim
Location: DFW, TX
Watch: Yachtmaster II YG
Posts: 276
I would not buy the Yachtmaster or any new Rolex with the intent to flip anytime in the near future. I would however buy the Yachtmaster to wear and enjoy. I have the SS/Plat Yachtmaster and YG Yachtmaster II and love them both. They are also the only two Rolex watches that I own.
Jim232118 is offline   Reply With Quote
Old 5 January 2010, 06:22 AM   #17
Gerardus
"TRF" Member
 
Gerardus's Avatar
 
Join Date: Apr 2009
Real Name: Gerardus
Location: EU
Watch: ♕
Posts: 11,868
I did not like the YM for years till last year then a recovered the beauty off this watch.
What also a spoke to me are the smooth edges of the case and de solid centre/middle links.
Before my love for the YM i always was hooked on Sub date and EX2.
__________________

♕16570 ♕126610 ♕126333
Gerardus is offline   Reply With Quote
Old 5 January 2010, 07:02 AM   #18
tkc324
"TRF" Member
 
tkc324's Avatar
 
Join Date: Sep 2009
Real Name: Tom
Location: Chi town
Watch: Daytona AP DD Sub
Posts: 3,717
YM is a striking watch... buy it and hold on to it... in 20 years, I am sure you will get your money back... lol.
tkc324 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

Asset Appeal

My Watch LLC

OCWatches

DavidSW Watches

Coronet

Takuya Watches

Bobs Watches


*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.