how the brands depreciate??

[buaysaikum]

we all know rolex hold the values well, but how "well is well"?
am toking abt normal production runs, the mainstream models...

lets look at the not-so-old(~2 to 4 years) preowned market as a comparison to a the what we'll pay the ADs shall we?

purpose of it is to let us have a feel of whether its a wide gap to cross to get it brand new(for the brand new box smell)...

lets say we get a SD at a couple of hundreds off the RRP from an AD, how much would a 3 years old SD in reasonably well condition cost?


in contrast, how do the other brands perform??? omegas? pannies?

am really interested in this

[^Lee^]

In my opinion, hold the value better means when a brand new rolex is OUT from the AD, 2-4 years down the road we can take back at least 50% of the watch value or more when you flip it. But this pretty much depending on individual model as well as watch condition. Individual model may fetch higher or lesser.

Lets say that particular model that purchased has been shoot up to sky high. You may get back 100% of your purchase price (you earn from wearing the watch for free) or you earn extra.

Lets talk about my SS Sub Date that I had purchased in 2005 at $6875 out from the local AD. 3 years later 2008, the watch easily can fetch >$5500 and therefore I lost $1375 and it's about 20%. Compare to other brand of watches, you may NOT even get back 50% of the buy price.

As I had mentioned earlier, very much depending on the condition of the watch. Is it serviced, with/without paper & box and model that demand in the market. In my opinion, SPORT model probably hold the value better.

Cheerio,

[buaysaikum]

wow 50% buyback after 2 to 4 years seems really low even for omegas...
was quoted 3.8k for a supposedly mint 1++ year old planet ocean(initial quote though, din talk to them much)... damn.... the preowned shops trying to rip me off....

am thinking of getting a PO or railmaster preowned since omegas dun hold value well, relative to rollies...

[Oceanklassik]

In my opinion, hold the value better means when a brand new rolex is OUT from the AD, 2-4 years down the road we can take back at least 50% of the watch value or more when you flip it. But this pretty much depending on individual model as well as watch condition. Individual model may fetch higher or lesser.

Lets say that particular model that purchased has been shoot up to sky high. You may get back 100% of your purchase price (you earn from wearing the watch for free) or you earn extra.

Lets talk about my SS Sub Date that I had purchased in 2005 at $6875 out from the local AD. 3 years later 2008, the watch easily can fetch >$5500 and therefore I lost $1375 and it's about 20%. Compare to other brand of watches, you may NOT even get back 50% of the buy price.

As I had mentioned earlier, very much depending on the condition of the watch. Is it serviced, with/without paper & box and model that demand in the market. In my opinion, SPORT model probably hold the value better.

Cheerio,

Agree n disagree. I dun think te situation in para 2 happens often, may b nt at all(in our lifetime), unless u r damn-damn lucky. Te 3rd para is definitely a gd gauge n live example of how a watch depreciates over time. I'm nt as fortunate as Lee n has no experience wif buying/selling a ROLEX at tis point. I only recently own 1 n am still enjoying the ownership. However, I hv tis to share which I was told by a gd friend when I was seeking advice b4 I bought my ROLEX:

He compared betwn ROLEX n TAGh, "two TAGhs can't even match up to the resale price of 1 ROLEX". He meant tat if one buys a TAGh for example, $5k, n sells after 1 yr to a 2nd hand dealer, he may only get back 30% or far lesser than tat. However if te watch is a $5k ROLEX, te resale is definitely higher, say, may b betwen 50-75%."

Well, tats wat he told me. How true? I still hvnt yet discover.

[Darkangel]

As far as I compared,it would take 10 yrs to cover the cost and who knows even make a small profit. And by that time it's double the retail price already.

My mum's TT DJ was bought for $5600 in 93,list price is now 11k?

[Oceanklassik]

Agreed. Tat "10 yrs to see small profit" is a very ideal n damn lucky situation. Some of us may nt even see profit for te next 20-30 yrs. Darkie mom's watch is another gd, live example.

Cheers!

[teo]

If you want a higher resale value its better to avoid 2nd hand dealer or preowned shops. I think watch forums got higher resale price.

[Darkangel]

If you want a higher resale value its better to avoid 2nd hand dealer or preowned shops. I think watch forums got higher resale price.

Of course la...those ppl hav to make a living,and pay for rental and stuff. Best to find your watch another owner thru forums

[Darkangel]

Agreed. Tat "10 yrs to see small profit" is a very ideal n damn lucky situation. Some of us may nt even see profit for te next 20-30 yrs. Darkie mom's watch is another gd, live example.

Cheers!

20 30 yrs...I mean if you are talking about other brands say Tag or prob a fashion brand like Chanel or CD. After 10 yrs it's already quite crap already the resale,20 30 yrs...sometimes it's with the karang guni man's thrash. Well,their value is practically not there...

[teo]

I believe 10years you will be able to breakeven for stainless steel sport models only. Anyone has any ideal?

[buaysaikum]

I believe 10years you will be able to breakeven for stainless steel sport models only. Anyone has any ideal?

if you're comparing 1 or 2 decades ago and now, probably yes... probably make some $$ out of it(no taking into account of inflation of coz)...

but now and 1 to 2 decades down the road? dunno man.... will it stay popular all the way?

[Oceanklassik]

Only those who hv watches tat age, can share.

[Darkangel]

I believe 10years you will be able to breakeven for stainless steel sport models only. Anyone has any ideal?

if you're comparing 1 or 2 decades ago and now, probably yes... probably make some $$ out of it(no taking into account of inflation of coz)...

but now and 1 to 2 decades down the road? dunno man.... will it stay popular all the way?

Depends on the model I would say. Submariner is a evergreen,always there 1.

I would say 10 yrs you would be able to breakeven and make profit. To just breakeven,prob 8-9 yrs also can but depends on the market.

[Oceanklassik]

Actually it is nt diff to find out how tis 2ndhand shops margin their buy-sell price. Do wat most investigative reporters do like pretend to sell 1 of ur pcs n c how much is offerd. Then go to anothr n pretend u wan to buy 1 of te same. Walah! U hv te answr. Dun b shock wat u found out. Te profit margin may b a 4-digit amt.

[Darkangel]

Actually it is nt diff to find out how tis 2ndhand shops margin their buy-sell price. Do wat most investigative reporters do like pretend to sell 1 of ur pcs n c how much is offerd. Then go to anothr n pretend u wan to buy 1 of te same. Walah! U hv te answr. Dun b shock wat u found out. Te profit margin may b a 4-digit amt.

Yes Though I havent tried,I am expecting a high 3 to 4 digit..but that depends on models