Used Daytona prices.
Discussion
Brads67 said:
The values are bonkers. They are being created by Rolex withholding stock. It's a 9k watch but the fact that Rolex are drip feeding and refusing to supply means sharks have pushed that price up to 20k
Do Rolex withhold stock? From where does that story originate?I’d very much doubt it’s true. Rolex don’t control world markets, and when/if the markets take a big dip and interest rates climb, they’d be left with a mountain of watches they might struggle to sell at anything like list.
More conspiracy theory.
bristolbaron said:
Rolex don’t ‘withhold’ stock, but do control production across the range. If they wanted to produce more sports watches they obviously could, but keeping them limited creates desire.
But specifically with the Daytona, the movement is only used in this watch. Many parts are only used in this watch, and they’re made by Rolex. Shifting production across to making more Daytona 4130 movements wouldn’t be a simple task, even if making more cases was. Rolex are in an enviable position in many ways, but it’d be easy for them to mess it up completely.
Tony1963 said:
bristolbaron said:
Rolex don’t ‘withhold’ stock, but do control production across the range. If they wanted to produce more sports watches they obviously could, but keeping them limited creates desire.
But specifically with the Daytona, the movement is only used in this watch. Many parts are only used in this watch, and they’re made by Rolex. Shifting production across to making more Daytona 4130 movements wouldn’t be a simple task, even if making more cases was. Rolex are in an enviable position in many ways, but it’d be easy for them to mess it up completely.
jonah35 said:
R.Sole said:
KungFuPanda said:
I know ceramic Daytonas are going over list and always have done since their release.
I’ve always thought £15k was the going rate but I as surprised to see a page on Facebook where a respected dealer was selling one for £19.5k! I didn’t know they had risen to that level.
A fool and their money are easily parted.I’ve always thought £15k was the going rate but I as surprised to see a page on Facebook where a respected dealer was selling one for £19.5k! I didn’t know they had risen to that level.
If you’d have paid over list for one at £15k (like I did) then if it’s a white face and worth say £19k 18 months later then why does it make me a fool?
Also, if I’d have paid £15k for a hublot and got a decent discount off list for it and it’s now worth £12k then that difference in change to your ‘bet worth’ is quite large. If you do that in many aspects of your life (cars, houses, furniture, art) etc then it can make a big difference
Tony1963 said:
bristolbaron said:
Rolex don’t ‘withhold’ stock, but do control production across the range. If they wanted to produce more sports watches they obviously could, but keeping them limited creates desire.
But specifically with the Daytona, the movement is only used in this watch. Many parts are only used in this watch, and they’re made by Rolex. Shifting production across to making more Daytona 4130 movements wouldn’t be a simple task, even if making more cases was. Rolex are in an enviable position in many ways, but it’d be easy for them to mess it up completely.
We can change aircraft configuration in days, never mind a tiny watch mech’ for which parts have lead time in days not years.
If Rolex wanted to they could satisfy demand by producing more, but why would they want to remove that ‘demand’ for their products, people buy watches they don’t want to gain favour with their dealer, people buy models that are harder to shift, etc, it all equals greater revenue for Rolex; it’s exactly the same as Porsche do with their products.
They are not limited, they are not a special edition, there is nothing truly collectible about them, which is why I sold mine as I feel they are in a bubble.
Somebody said:
WelshChris said:
waited 6 years for it....
6 years, wow! Did you chase them up every so often? I know someone who managed to snap up a 116520 at list on display at a newly opened Rolex boutique in 2013.
I received a call from Crouch saying “We have your watch in stock, would you like to pop in and collect it?” - took me a couple of seconds before I realised what they were talking about
Needless to say, I hot-footed it to Cardiff immediately to pick it up.Lord.Vader said:
We can change aircraft configuration in days, never mind a tiny watch mech’ for which parts have lead time in days not years.
Changing an aircraft's role is something that is inevitable and therefore the role change equipment and spares are sat waiting for that next change. I see no similarity at all with a production line that operates on a proper 'just in time' process (or similar) and has no 'give' to allow a few needy people to get their toy sooner. I've no idea what the annual production numbers are for Rolex watches, but I'd be willing to bet that once the maths is done it'd be obvious that there's no easy way to up production. They won't have people sat around waiting for the word to be given to knock out a few more parts!
Somebody said:
6 years, wow! Did you chase them up every so often?
I know someone who managed to snap up a 116520 at list on display at a newly opened Rolex boutique in 2013.
I went to my local AD today, granted looking at another brand but I've bought Rolex from them before - I'm pretty well known/respectedI know someone who managed to snap up a 116520 at list on display at a newly opened Rolex boutique in 2013.
My wish list was two watches and a GMT Pepsi
Watch no1 - my preference. Might be upto 12 months wait - granted its very limited so circa 6 available in the uk this year.
Watch no2 - my preference no2. Might be upto 12 months wait - granted its very limited so circa 12 available in the uk this year.
Watch no3 - not really my preference but a GMT Pepsi. Right from the off (and lets just consider I've spent a pretty credible amount of £££££ at this AD) no chance. Not even a chance of being on the waiting list - reserve list? maybe.
Best guesstimate was 5 years+ for a GMT or anything else
Utter farce. And totally transparent that the whole issue of availability was due to flipping.
Tony1963 said:
Lord.Vader said:
We can change aircraft configuration in days, never mind a tiny watch mech’ for which parts have lead time in days not years.
Changing an aircraft's role is something that is inevitable and therefore the role change equipment and spares are sat waiting for that next change. I see no similarity at all with a production line that operates on a proper 'just in time' process (or similar) and has no 'give' to allow a few needy people to get their toy sooner. I've no idea what the annual production numbers are for Rolex watches, but I'd be willing to bet that once the maths is done it'd be obvious that there's no easy way to up production. They won't have people sat around waiting for the word to be given to knock out a few more parts!
Not sure what industry you work in but having worked in aeronautical supply chain / procurement and industrialising said facilities for the past 10+ years I have some knowledge in the pre-requisites required to re-configure a production area; watch production would take hours to do at most.
Take those rose tinted glasses off, increasing rate is simply solved by assessing capacity and investing in the required areas, whether that is men / machine / material / method, not exactly a challenge, again referring to aircraft ramping up a new aircraft programme from 0 to 11 per month inside 18 months is a challenge, increasing production of an already existing product is multiples easier.
There is simply no constraint that they couldn’t overcome IF they wanted to, as I said, I don’t believe they want to as why would they, the ‘hype’ around their products is a dream and they sell themselves.
jules_s said:
I went to my local AD today, granted looking at another brand but I've bought Rolex from them before - I'm pretty well known/respected
My wish list was two watches and a GMT Pepsi
Watch no1 - my preference. Might be upto 12 months wait - granted its very limited so circa 6 available in the uk this year.
Watch no2 - my preference no2. Might be upto 12 months wait - granted its very limited so circa 12 available in the uk this year.
Watch no3 - not really my preference but a GMT Pepsi. Right from the off (and lets just consider I've spent a pretty credible amount of £££££ at this AD) no chance. Not even a chance of being on the waiting list - reserve list? maybe.
Best guesstimate was 5 years+ for a GMT or anything else
Utter farce. And totally transparent that the whole issue of availability was due to flipping.
Maybe not as well known/respected as you thought? My wish list was two watches and a GMT Pepsi
Watch no1 - my preference. Might be upto 12 months wait - granted its very limited so circa 6 available in the uk this year.
Watch no2 - my preference no2. Might be upto 12 months wait - granted its very limited so circa 12 available in the uk this year.
Watch no3 - not really my preference but a GMT Pepsi. Right from the off (and lets just consider I've spent a pretty credible amount of £££££ at this AD) no chance. Not even a chance of being on the waiting list - reserve list? maybe.
Best guesstimate was 5 years+ for a GMT or anything else
Utter farce. And totally transparent that the whole issue of availability was due to flipping.
sorry couldn't resist
In 2001 my boss bought me one of the last of the zenith daytonas, in steel, with a white face.
It was unworn and cost £5500, list was approximately £3500.
It was my first Rolex and I still have the watch, along with the box and papers.
I am on the waiting list for a white face, steel ceramic Daytona and was told last December when picking up my Batman that I should have it in another 18 months or so.
It was unworn and cost £5500, list was approximately £3500.
It was my first Rolex and I still have the watch, along with the box and papers.
I am on the waiting list for a white face, steel ceramic Daytona and was told last December when picking up my Batman that I should have it in another 18 months or so.
findtomdotcom said:
jonah35 said:
The money is now in used white gold Daytona’s as they’re cheaper
Or the much more contemporary Oysterflex Daytona which is now hard to get too though
Are Oysterflex Daytona's hard to get? Tell me more please? (I have a year old White Gold Daytona I just might sell).....Or the much more contemporary Oysterflex Daytona which is now hard to get too though
Probably white gold most sought after
Then rose gold
Then yellow gold
Even Watchfinder didn’t have any recently and so they were emailing people to try get some in
My local Rolex ad also says they’re now hard to get
Traders will bid maybe £18/19k for them and sell them for a little over list
R.Sole said:
jonah35 said:
R.Sole said:
KungFuPanda said:
I know ceramic Daytonas are going over list and always have done since their release.
I’ve always thought £15k was the going rate but I as surprised to see a page on Facebook where a respected dealer was selling one for £19.5k! I didn’t know they had risen to that level.
A fool and their money are easily parted.I’ve always thought £15k was the going rate but I as surprised to see a page on Facebook where a respected dealer was selling one for £19.5k! I didn’t know they had risen to that level.
If you’d have paid over list for one at £15k (like I did) then if it’s a white face and worth say £19k 18 months later then why does it make me a fool?
Also, if I’d have paid £15k for a hublot and got a decent discount off list for it and it’s now worth £12k then that difference in change to your ‘bet worth’ is quite large. If you do that in many aspects of your life (cars, houses, furniture, art) etc then it can make a big difference
jonah35 said:
R.Sole said:
jonah35 said:
R.Sole said:
KungFuPanda said:
I know ceramic Daytonas are going over list and always have done since their release.
I’ve always thought £15k was the going rate but I as surprised to see a page on Facebook where a respected dealer was selling one for £19.5k! I didn’t know they had risen to that level.
A fool and their money are easily parted.I’ve always thought £15k was the going rate but I as surprised to see a page on Facebook where a respected dealer was selling one for £19.5k! I didn’t know they had risen to that level.
If you’d have paid over list for one at £15k (like I did) then if it’s a white face and worth say £19k 18 months later then why does it make me a fool?
Also, if I’d have paid £15k for a hublot and got a decent discount off list for it and it’s now worth £12k then that difference in change to your ‘bet worth’ is quite large. If you do that in many aspects of your life (cars, houses, furniture, art) etc then it can make a big difference
Lord.Vader said:
Did I say an aircrafts role? No I said config’ I.e. what variant of aircraft we are building which we operate on a JIT supply chain.
Not sure what industry you work in but having worked in aeronautical supply chain / procurement and industrialising said facilities for the past 10+ years I have some knowledge in the pre-requisites required to re-configure a production area; watch production would take hours to do at most.
Take those rose tinted glasses off, increasing rate is simply solved by assessing capacity and investing in the required areas, whether that is men / machine / material / method, not exactly a challenge, again referring to aircraft ramping up a new aircraft programme from 0 to 11 per month inside 18 months is a challenge, increasing production of an already existing product is multiples easier.
There is simply no constraint that they couldn’t overcome IF they wanted to, as I said, I don’t believe they want to as why would they, the ‘hype’ around their products is a dream and they sell themselves.
Apologies for misreading.Not sure what industry you work in but having worked in aeronautical supply chain / procurement and industrialising said facilities for the past 10+ years I have some knowledge in the pre-requisites required to re-configure a production area; watch production would take hours to do at most.
Take those rose tinted glasses off, increasing rate is simply solved by assessing capacity and investing in the required areas, whether that is men / machine / material / method, not exactly a challenge, again referring to aircraft ramping up a new aircraft programme from 0 to 11 per month inside 18 months is a challenge, increasing production of an already existing product is multiples easier.
There is simply no constraint that they couldn’t overcome IF they wanted to, as I said, I don’t believe they want to as why would they, the ‘hype’ around their products is a dream and they sell themselves.
What I would expect to see is price increases over the current annual rises. It must hurt knowing that people with no investment in the brand can make a few thousand quid in such little time.
Still, they're a private company, not a public service, so they're free to do what they want. The overriding issue is surviving in the long term. I'll trust their choices.
PS. I'm in aviation too.
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