Buying my first ever Rolex ..... Please advise ....
Discussion
lostkiwi said:
It's artificial manipulation of the market.
It does nothing to help the customer.
Following your logic it would make sense for Ford to reduce production of their cars to make them more exclusive. Or easyJet to limit seats by halving the number of flights so they can charge more. Why doesn't every business out there just stop producing as much if it's such a wonderful idea?
Rolex is a more than $5billion a year company producing near enough 1,000,000 watches. Hardly exclusive.
Ford have done exactly that with their luxury offering, the GT. And they even restricted who could buy one and when it could be sold on. Good luck buying a used one for less than list. Are you “ok” with this?It does nothing to help the customer.
Following your logic it would make sense for Ford to reduce production of their cars to make them more exclusive. Or easyJet to limit seats by halving the number of flights so they can charge more. Why doesn't every business out there just stop producing as much if it's such a wonderful idea?
Rolex is a more than $5billion a year company producing near enough 1,000,000 watches. Hardly exclusive.
And you can’t reasonably compare a no frills service provider to a luxury product manufacturer. There’s literally zero crossover in what they do, or their business models.
gizlaroc said:
Not sure if that is true?
All the cool kids are now looking at Oysters, Datejusts, Explorers and Day Dates.
Sports models will always do OK, especially in steel, but there seems to be a little bit of a revolution going on at the moment. Certainly the guys who I know in the fashion industry, loads of Datejusts and Oysters being worn from guys who have always worn Subs and GMTs etc.
I think a lot of it is self justification, with aRolex steel sports you know you can buy new and get your money back in 8 years time regardless of market swings.
My AD is now offering to buy new steel, including Oysters etc., back for current list price in 8 years time, that says quite a bit.
They also said sales of the classic range are doing incredibly well.
Only because they can’t get hold of a Sub or GMT. So they buy what’s in the shop instead. Hey presto, oysters, datejusts etc become de rigueur over the next few years and then demand outstrips supply and we’re having the same ridiculous discussion. Just this time moaning about how our much our Sub or GMT has depreciated. Same exact thing happened a few years back with the Milgauss.....did people whinge and moan then? All the cool kids are now looking at Oysters, Datejusts, Explorers and Day Dates.
Sports models will always do OK, especially in steel, but there seems to be a little bit of a revolution going on at the moment. Certainly the guys who I know in the fashion industry, loads of Datejusts and Oysters being worn from guys who have always worn Subs and GMTs etc.
I think a lot of it is self justification, with aRolex steel sports you know you can buy new and get your money back in 8 years time regardless of market swings.
My AD is now offering to buy new steel, including Oysters etc., back for current list price in 8 years time, that says quite a bit.
They also said sales of the classic range are doing incredibly well.
Meanwhile Rolex carry on making the same number and types of watches as they always have and continue to find a buyer for each and every one.
dvs_dave said:
Only because they can’t get hold of a Sub or GMT. So they buy what’s in the shop instead. Hey presto, oysters, datejusts etc become de rigueur over the next few years and then demand outstrips supply and we’re having the same ridiculous discussion. Just this time moaning about how our much our Sub or GMT has depreciated. Same exact thing happened a few years back with the Milgauss.....did people whinge and moan then?
Meanwhile Rolex carry on making the same number and types of watches as they always have and continue to find a buyer for each and every one.
Given the choice of any Rolex purely based on design, money or availability not taken into consideration, it is some of the Classic range that appeals to me far more at the moment. Meanwhile Rolex carry on making the same number and types of watches as they always have and continue to find a buyer for each and every one.
Now, to be fair, the larger sizes available on the Oyster and Datejust has helped me feel that way, but I think we are seeing a move back to more classic styles.
dvs_dave said:
lostkiwi said:
It's artificial manipulation of the market.
It does nothing to help the customer.
Following your logic it would make sense for Ford to reduce production of their cars to make them more exclusive. Or easyJet to limit seats by halving the number of flights so they can charge more. Why doesn't every business out there just stop producing as much if it's such a wonderful idea?
Rolex is a more than $5billion a year company producing near enough 1,000,000 watches. Hardly exclusive.
Ford have done exactly that with their luxury offering, the GT. And they even restricted who could buy one and when it could be sold on. Good luck buying a used one for less than list. Are you “ok” with this?It does nothing to help the customer.
Following your logic it would make sense for Ford to reduce production of their cars to make them more exclusive. Or easyJet to limit seats by halving the number of flights so they can charge more. Why doesn't every business out there just stop producing as much if it's such a wonderful idea?
Rolex is a more than $5billion a year company producing near enough 1,000,000 watches. Hardly exclusive.
And you can’t reasonably compare a no frills service provider to a luxury product manufacturer. There’s literally zero crossover in what they do, or their business models.
And as for Ford, if they tried to dictate to me what I can do with something after I've bought it they can sod right off too!
Tony1963 said:
And as is typical for Brits, a successful company or individual is slagged off. By people who are less successful. Funny.
Rolex as in the UK as a gentlemen’s watch brand died when Arg bought one in the first episode of Towie. It has been a slow death since then. And that’s the problem we have gone from an aspirational “president kennedy used to wear one in the oval office and in his limo whilst he was squeezing Monroe in a tux, so i want one” to.... Arg rocking up in his PCP merc trying to ‘get a squeeze’ out of a middle aged watch dealer somewhere in Basildon.
Boxing Day 2017, I rocked up to the services
on the m6 toll. Seven blokes in the queue at starbucks, in front of me, all of them wearing a Submariner.
Pool parties in Beefa, every swinging sausage with a Rolex. I can’t wear my Rolex
anymore to these events, I have to show some class and wear a petrodollar Russian-mafia-special Nardin Maxi diver.
It has literally become a meme brand, the latest official multi diamond rainbow daytona is last straw for me. and with this picture i will sign off !
Carl_Manchester said:
Rolex as in the UK as a gentlemen’s watch brand died when Arg bought one in the first episode of Towie. It has been a slow death since then.
And that’s the problem we have gone from an aspirational “president kennedy used to wear one in the oval office and in his limo whilst he was squeezing Monroe in a tux, so i want one” to.... Arg rocking up in his PCP merc trying to ‘get a squeeze’ out of a middle aged watch dealer somewhere in Basildon.
Boxing Day 2017, I rocked up to the services
on the m6 toll. Seven blokes in the queue at starbucks, in front of me, all of them wearing a Submariner.
Pool parties in Beefa, every swinging sausage with a Rolex. I can’t wear my Rolex
anymore to these events, I have to show some class and wear a petrodollar Russian-mafia-special Nardin Maxi diver.
It has literally become a meme brand, the latest official multi diamond rainbow daytona is last straw for me. and with this picture i will sign off !
I think that is why we are seeing a return to the Classic styles, Oyster white, black or rhodium dial, Datejust with rhodium, plain bezel and oyster bracelet. And that’s the problem we have gone from an aspirational “president kennedy used to wear one in the oval office and in his limo whilst he was squeezing Monroe in a tux, so i want one” to.... Arg rocking up in his PCP merc trying to ‘get a squeeze’ out of a middle aged watch dealer somewhere in Basildon.
Boxing Day 2017, I rocked up to the services
on the m6 toll. Seven blokes in the queue at starbucks, in front of me, all of them wearing a Submariner.
Pool parties in Beefa, every swinging sausage with a Rolex. I can’t wear my Rolex
anymore to these events, I have to show some class and wear a petrodollar Russian-mafia-special Nardin Maxi diver.
It has literally become a meme brand, the latest official multi diamond rainbow daytona is last straw for me. and with this picture i will sign off !
The problem as you say, is who is wearing the sports watches now, not so much the watches themselves.
Increasing supply will not make this aspect any better.
Of course, all PH'ers are the right customers!
lostkiwi said:
And as for Ford, if they tried to dictate to me what I can do with something after I've bought it they can sod right off too!
Uh huh, good luck with that. But before you do, give John Cena a call and ask him about how that goes.... clickyKeep fighting the good fight, champ!
dvs_dave said:
lostkiwi said:
And as for Ford, if they tried to dictate to me what I can do with something after I've bought it they can sod right off too!
Uh huh, good luck with that. But before you do, give John Cena a call and ask him about how that goes.... clickyKeep fighting the good fight, champ!
Terms like that are not in the customers interests.
I'm not prepared to play silly games with corporations dictating whether I can or can't buy something, and once bought what I can do with it.
Edited by lostkiwi on Friday 17th May 23:54
lostkiwi said:
dvs_dave said:
lostkiwi said:
And as for Ford, if they tried to dictate to me what I can do with something after I've bought it they can sod right off too!
Uh huh, good luck with that. But before you do, give John Cena a call and ask him about how that goes.... clickyKeep fighting the good fight, champ!
Terms like that are not in the customers interests.
I'm not prepared to play silly games with corporations dictating whether I can or can't buy something, and once bought what I can do with it.
Edited by lostkiwi on Friday 17th May 23:54
dvs_dave said:
lostkiwi said:
dvs_dave said:
lostkiwi said:
And as for Ford, if they tried to dictate to me what I can do with something after I've bought it they can sod right off too!
Uh huh, good luck with that. But before you do, give John Cena a call and ask him about how that goes.... clickyKeep fighting the good fight, champ!
Terms like that are not in the customers interests.
I'm not prepared to play silly games with corporations dictating whether I can or can't buy something, and once bought what I can do with it.
Edited by lostkiwi on Friday 17th May 23:54
I'd rather stick to my Panerais, Omegas, Graham's, Longines, Mühle and Magrettes (collection in excess of 30) so it's definitely not a case of "want one can't afford one".
I have a dislike of any company that manipulates the market to the detriment of their customers and the games Rolex and their ADs are playing is exactly that.
None of the Swiss horology companies cover themselves in glory in this respect but Rolex are definitely amongst the more shady.
Edited by lostkiwi on Saturday 18th May 13:22
Carl_Manchester said:
Tony1963 said:
And as is typical for Brits, a successful company or individual is slagged off. By people who are less successful. Funny.
Rolex as in the UK as a gentlemen’s watch brand died when Arg bought one in the first episode of Towie. It has been a slow death since then. And that’s the problem we have gone from an aspirational “president kennedy used to wear one in the oval office and in his limo whilst he was squeezing Monroe in a tux, so i want one” to.... Arg rocking up in his PCP merc trying to ‘get a squeeze’ out of a middle aged watch dealer somewhere in Basildon.
Boxing Day 2017, I rocked up to the services
on the m6 toll. Seven blokes in the queue at starbucks, in front of me, all of them wearing a Submariner.
Pool parties in Beefa, every swinging sausage with a Rolex. I can’t wear my Rolex
anymore to these events, I have to show some class and wear a petrodollar Russian-mafia-special Nardin Maxi diver.
It has literally become a meme brand, the latest official multi diamond rainbow daytona is last straw for me. and with this picture i will sign off !
Because watch geeks love to show off how much they know about why Rolex are unsuccessful and why other brands are better.
It’s great, this whinging, because watches don’t matter, not one bit, at all. So they are welcome to their superior knowledge, because it shows how little they themselves matter!
It’s great, this whinging, because watches don’t matter, not one bit, at all. So they are welcome to their superior knowledge, because it shows how little they themselves matter!
Carl_Manchester said:
Rolex as in the UK as a gentlemen’s watch brand died when Arg bought one in the first episode of Towie. It has been a slow death since then.
And that’s the problem we have gone from an aspirational “president kennedy used to wear one in the oval office and in his limo whilst he was squeezing Monroe in a tux, so i want one” to.... Arg rocking up in his PCP merc trying to ‘get a squeeze’ out of a middle aged watch dealer somewhere in Basildon.
Boxing Day 2017, I rocked up to the services
on the m6 toll. Seven blokes in the queue at starbucks, in front of me, all of them wearing a Submariner.
Pool parties in Beefa, every swinging sausage with a Rolex. I can’t wear my Rolex
anymore to these events, I have to show some class and wear a petrodollar Russian-mafia-special Nardin Maxi diver.
It has literally become a meme brand, the latest official multi diamond rainbow daytona is last straw for me. and with this picture i will sign off !
With your ‘rocking up’, watching of TOWIE and holidays in Ibiza....you’ll forgive me if I disregard your comments. And that’s the problem we have gone from an aspirational “president kennedy used to wear one in the oval office and in his limo whilst he was squeezing Monroe in a tux, so i want one” to.... Arg rocking up in his PCP merc trying to ‘get a squeeze’ out of a middle aged watch dealer somewhere in Basildon.
Boxing Day 2017, I rocked up to the services
on the m6 toll. Seven blokes in the queue at starbucks, in front of me, all of them wearing a Submariner.
Pool parties in Beefa, every swinging sausage with a Rolex. I can’t wear my Rolex
anymore to these events, I have to show some class and wear a petrodollar Russian-mafia-special Nardin Maxi diver.
It has literally become a meme brand, the latest official multi diamond rainbow daytona is last straw for me. and with this picture i will sign off !
Tony1963 said:
Because watch geeks love to show off how much they know about why Rolex are unsuccessful and why other brands are better.
It’s great, this whinging, because watches don’t matter, not one bit, at all. So they are welcome to their superior knowledge, because it shows how little they themselves matter!
Who said anything about Rolex being unsuccessful?It’s great, this whinging, because watches don’t matter, not one bit, at all. So they are welcome to their superior knowledge, because it shows how little they themselves matter!
But fine, belittle whatever someone else says because it doesn't tally with your views.
Show yourself as you really are.
Tony1963 said:
Because watch geeks love to show off how much they know about why Rolex are unsuccessful and why other brands are better.
It’s great, this whinging, because watches don’t matter, not one bit, at all. So they are welcome to their superior knowledge, because it shows how little they themselves matter!
Mate, saying watches don't matter on a watch forum is just a bit foolish. It’s great, this whinging, because watches don’t matter, not one bit, at all. So they are welcome to their superior knowledge, because it shows how little they themselves matter!
Trying to appear intellectually superior by posturing yourself on the higher ground is a bit tedious to be honest.
Try and contribute with something original and interesting....
Well, the Rolex bashing is tedious. Very tedious. And those who do it use it as a veil to insult those who have them.
I find watches interesting at times, beautiful at others, and mind boggling occasionally. But c’mon, they’re not an essential for life really. No more so than a gold bracelet or diamond encrusted cuff links.
I find watches interesting at times, beautiful at others, and mind boggling occasionally. But c’mon, they’re not an essential for life really. No more so than a gold bracelet or diamond encrusted cuff links.
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