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Is the following a great price or am I missing something ? http://www.chrono24.com/en/search/index.htm?showid...
GallardoOwner said:
Is the following a great price or am I missing something ? http://www.chrono24.com/en/search/index.htm?showid...
Sorry for the thread hi-jack, but i like that. If i was to buy another watch, it would have to be either bi-metal or leather strapped.In simple terms though - why are the bi-metal Daytona's not as sought after as the steels? I can not believe it is just a 'supply and demand' thing!
...is it?
Hong Kong Phooey said:
GallardoOwner said:
Is the following a great price or am I missing something ? http://www.chrono24.com/en/search/index.htm?showid...
Sorry for the thread hi-jack, but i like that. If i was to buy another watch, it would have to be either bi-metal or leather strapped.In simple terms though - why are the bi-metal Daytona's not as sought after as the steels? I can not believe it is just a 'supply and demand' thing!
...is it?
Incredible Sulk said:
Hong Kong Phooey said:
GallardoOwner said:
Is the following a great price or am I missing something ? http://www.chrono24.com/en/search/index.htm?showid...
Sorry for the thread hi-jack, but i like that. If i was to buy another watch, it would have to be either bi-metal or leather strapped.In simple terms though - why are the bi-metal Daytona's not as sought after as the steels? I can not believe it is just a 'supply and demand' thing!
...is it?
IMO
Edited by Hong Kong Phooey on Tuesday 4th May 19:02
Edited to apologise if my comment sounded a little arrogant - i just fail to understand how the equivalent more expensive bi-metal model retains *less* value than a s/s version - with the more common s/s Oyster bracelet. Do Rolex limit the supply of the s/s model on purpose?
Edited by Hong Kong Phooey on Tuesday 4th May 20:02
I do like the Daytona, and Rolex. I suppose if you think about it, yes, they could *easily* produce umpteen more and fulfill all the AD's order books for the s/s.
But i also think (and Rolex know) they would shoot themselves in the foot - they have limited the supply for too long, to just up production and make everyone's Daytona *worthless*
Am i just stating the obvious here
From a wristwatch Newbie
But i also think (and Rolex know) they would shoot themselves in the foot - they have limited the supply for too long, to just up production and make everyone's Daytona *worthless*
Am i just stating the obvious here
From a wristwatch Newbie
Someone in the trade told me that the whole Daytona waiting list thing was largely a result of people who worked in jewellery shops taking all the watches and selling them on....doesn't sound daft to me given that these people can make a few hundred quid on each watch. The fact there is less of a wait for them is probably a lot to do with the fact that the steel Daytona has gone up much more in price than other Rolex's in the last 10 years and there is now a lot more competition.
I bought my Daytona in 1997....paid £4k for it brand new which was £400 over list price at the time. What is the list now ? £6 k ?
I bought my Daytona in 1997....paid £4k for it brand new which was £400 over list price at the time. What is the list now ? £6 k ?
so they dont really "go up in value" at all
they just dont *lose* value and go up in line with inflation .....
£4K in 1997 is worth about £5800 now, just from inflation ...now if they appreciated say 10% per year, on top of inflation, im sure many people would be trading in them as "Investments"
- most watches seem to lose 50% of their retail price within a few years ...just like cars ...which is down to basic economics ...supply and demand
just like Porsche used to do for years, keep the supply restricted just enough to keep a healthy waiting list, and that will help used prices, which itself drawers more buyers to the goods, maintaining the cycle
they just dont *lose* value and go up in line with inflation .....
£4K in 1997 is worth about £5800 now, just from inflation ...now if they appreciated say 10% per year, on top of inflation, im sure many people would be trading in them as "Investments"
- most watches seem to lose 50% of their retail price within a few years ...just like cars ...which is down to basic economics ...supply and demand
just like Porsche used to do for years, keep the supply restricted just enough to keep a healthy waiting list, and that will help used prices, which itself drawers more buyers to the goods, maintaining the cycle
POORCARDEALER said:
I put my name down at every Rolex dealer in the UK in 1996 for a SS one.............I got one in 1998 from dealer in Norwich who actually gave me a few quid off list for paying in cash (absolutly true)........still waiting for the others to call.....
Have they got your latest contact details?!!Murcielago_Boy said:
I promise you this - the s/s it's the most common Daytona model that I see being worn.
It faux exclusivity is a con.
I don't think anyone is saying it's exclusive, more that Rolex artificially restrict supply to keep demand high.It faux exclusivity is a con.
Don't forget it's made them a shedload of money doing that... Rolex increased the price massively when they saw what premiums were being paid for the SS and saw that premium as 'free' money for them. Yes inflation has had an effect, but nothing like the massive difference in list price.
A SS currently lists at what, £6600-odd; that's insane IMO.
GregE240 said:
POORCARDEALER said:
I put my name down at every Rolex dealer in the UK in 1996 for a SS one.............I got one in 1998 from dealer in Norwich who actually gave me a few quid off list for paying in cash (absolutly true)........still waiting for the others to call.....
Have they got your latest contact details?!!Gassing Station | Watches | Top of Page | What's New | My Stuff