Has the Rolex bubble finally burst? Perhaps it has
Discussion
Algarve said:
I'm only going on a very quick google/PH search, as I said I'd never heard of Tutor a few hours ago. I've zero idea on how well they're made, how the dealers are, or how they hold up in value.
Its pretty silly for someone to be called a troll because they've never heard of some weird niche brand, despite them already saying they couldn't really care less about watches overall.
To play devils advocate...I understand if somebody has 5K+ and wants a luxury watch, Rolex would be the first stop for even the least horologically interested. But worth a bit more research, especially if you want to bump up spend history and enjoy while doing so (I know I know, screw the ADs and their games etc Its pretty silly for someone to be called a troll because they've never heard of some weird niche brand, despite them already saying they couldn't really care less about watches overall.
)Algarve said:
GT03ROB said:
You sound a bit Clarkson in denigrating the Boxster against the 911, when he said the Boxster is the car your bought when your life didn’t work out as planned
I'm only going on a very quick google/PH search, as I said I'd never heard of Tutor a few hours ago. I've zero idea on how well they're made, how the dealers are, or how they hold up in value. Its pretty silly for someone to be called a troll because they've never heard of some weird niche brand, despite them already saying they couldn't really care less about watches overall.
GT03ROB said:
Well I’m not calling you a troll. But to espouse a view that nobody could possibly own a Tudor & a Rolex when you know nothing of Tudor is probably not a great idea. To follow from my Clarkson example he was implying nobody could possibly a Boxster & a 911. Equally silly statement
The example pic I posted before... they looked very like the same watch to me. So much so that I'd make two assumptions - that it was deliberate that they look like that, and that anyone who owned the more expensive one, wouldn't also own the other. EdwardC1989 said:
To play devils advocate...I understand if somebody has 5K+ and wants a luxury watch, Rolex would be the first stop for even the least horologically interested. But worth a bit more research, especially if you want to bump up spend history and enjoy while doing so (I know I know, screw the ADs and their games etc )
When I decided I wanted a Rolex, it was that exactly. I didn't want a watch... I wanted a Rolex. If I wanted to know the time I'd look at the dashboard in my car, the clock on my MacBook or the phone in my pocket or on my bedside cabinet depending on where I was then. I didn't need another way to tell the time.)Algarve said:
GT03ROB said:
Well I’m not calling you a troll. But to espouse a view that nobody could possibly own a Tudor & a Rolex when you know nothing of Tudor is probably not a great idea. To follow from my Clarkson example he was implying nobody could possibly a Boxster & a 911. Equally silly statement
The example pic I posted before... they looked very like the same watch to me. So much so that I'd make two assumptions - that it was deliberate that they look like that, and that anyone who owned the more expensive one, wouldn't also own the other. Algarve said:
When I decided I wanted a Rolex, it was that exactly. I didn't want a watch... I wanted a Rolex. If I wanted to know the time I'd look at the dashboard in my car, the clock on my MacBook or the phone in my pocket or on my bedside cabinet depending on where I was then. I didn't need another way to tell the time.
I don’t mean to be rude, but that pretty much makes you as bad as Rap musicians who know absolutely nothing about cars but rush out and buy a Bugatti Veyron as soon as the first big pay cheque arrives, because all they care about is having a well known flashy brand name on their driveway.Ask them why they didn’t buy a 250GTO, a Miura, or an F40 and they probably wouldn’t have a clue what you were talking about.
They don’t actually care about the cars themselves. They just see something and buy it purely because it’s ‘well known’ and ‘expensive’.
Lord Marylebone said:
I don’t mean to be rude, but that pretty much makes you as bad as Rap musicians who know absolutely nothing about cars but rush out and buy a Bugatti Veyron as soon as the first big pay cheque arrives, because all they care about is having a well known flashy brand name on their driveway.
Ask them why they didn’t buy a 250GTO, a Miura, or an F40 and they probably wouldn’t have a clue what you were talking about.
They don’t actually care about the cars themselves. They just see something and buy it purely because it’s ‘well known’ and ‘expensive’.
But I don't need to know anything about the history of something or how its made or anything else to know 2 things - 1. I want one. 2. I can afford itAsk them why they didn’t buy a 250GTO, a Miura, or an F40 and they probably wouldn’t have a clue what you were talking about.
They don’t actually care about the cars themselves. They just see something and buy it purely because it’s ‘well known’ and ‘expensive’.
Clearly I didn't need one, I just felt like buying one. You can say the same whether you're talking about a £30 t-shirt or a £100k car or anything else thats a bit more out there than £1 primark t-shirt or a £7000 Dacia
When you combine that with the highly likely ability to sell for at the very least what I paid for it... why wouldn't I buy one and enjoy wearing it?
On the car front, I own a Gallardo. I couldn't tell you what engine is in a 250GTO, I couldn't tell you what decade a Miura was made in. I couldn't tell you whether an f40 is a £200k car or a million quid car. Maybe I should get rid of the lambo too?
Lord Marylebone said:
I don’t mean to be rude, but that pretty much makes you as bad as Rap musicians who know absolutely nothing about cars but rush out and buy a Bugatti Veyron as soon as the first big pay cheque arrives, because all they care about is having a well known flashy brand name on their driveway.
Ask them why they didn’t buy a 250GTO, a Miura, or an F40 and they probably wouldn’t have a clue what you were talking about.
They don’t actually care about the cars themselves. They just see something and buy it purely because it’s ‘well known’ and ‘expensive’.
Arguably it would be worse if said rapper bought one of those classics, I think the Veyron fits the bill quite nicely Ask them why they didn’t buy a 250GTO, a Miura, or an F40 and they probably wouldn’t have a clue what you were talking about.
They don’t actually care about the cars themselves. They just see something and buy it purely because it’s ‘well known’ and ‘expensive’.
But seriously even as a watch enthusiast, I’d be inclined to politely disagree. to an extent. Maybe a poor example, but I bought my house because I like how it looks/functions and I know it’s a solid investment for when I come to sell. But I have no real interest in it’s history or how it was built. Maybe it just resonates more because this is an area where we have a particular interest?
And to debunk your point above Algarve, I have a BLNR and still bought the BB58 Navy - in the flesh they couldn’t be more different and both have their unique merits. Just the bubble on the Tudor burst a lot faster!
EdwardC1989 said:
And to debunk your point above Algarve, I have a BLNR and still bought the BB58 Navy - in the flesh they couldn’t be more different and both have their unique merits. Just the bubble on the Tudor burst a lot faster!
Well nobody has answered the question I asked earlier... how do Tudors hold their value? I'm assuming not very well from your comment 
Algarve said:
Well nobody has answered the question I asked earlier... how do Tudors hold their value? I'm assuming not very well from your comment
Well to answer your question directly, they hold their value well, they just don’t increase it much. But with most Tudor’s being readily available at ADs, this is bound to be the case. EdwardC1989 said:
Well to answer your question directly, they hold their value well, they just don’t increase it much. But with most Tudor’s being readily available at ADs, this is bound to be the case.
Thanks I don't see how that fits in with this though:
Barchettaman said:
The weird thing is, the Rolex GMT Master is massively overpriced and yet the Tudor Black Bay GMT is, in comparison, a massive bargain.
Why anyone would go for the former rather than the latter is beyond me.
I'm struggling to understand how the Tudor is a bargain, and the GMT is over priced, when it looks like if I'd bought a Tudor I'd be hoping to get my money back if I sold it tomorrow. Instead I went with the "massively overpriced" option of paying 8 or 9 grand for a watch thats now worth 15.Why anyone would go for the former rather than the latter is beyond me.
Algarve said:
I'm struggling to understand how the Tudor is a bargain, and the GMT is over priced, when it looks like if I'd bought a Tudor I'd be hoping to get my money back if I sold it tomorrow. Instead I went with the "massively overpriced" option of paying 8 or 9 grand for a watch thats now worth 15.
Because Barchettaman, like many of us here, has likely determined the value on the physical watch itself, and not it’s projected resale value. Algarve said:
EdwardC1989 said:
And to debunk your point above Algarve, I have a BLNR and still bought the BB58 Navy - in the flesh they couldn’t be more different and both have their unique merits. Just the bubble on the Tudor burst a lot faster!
Well nobody has answered the question I asked earlier... how do Tudors hold their value? I'm assuming not very well from your comment And BTW, when I bought mine in France in 2014 you could only special order them from Rolex ADs in the UK and lots of people who got into watches after Tudor left the UK didn’t really know them, that seems strange now but it’s true, I remember the guys in a Rolex AD looking at mine with real excitement, they couldn’t get their heads around the quality for the price!
EdwardC1989 said:
Algarve said:
I'm struggling to understand how the Tudor is a bargain, and the GMT is over priced, when it looks like if I'd bought a Tudor I'd be hoping to get my money back if I sold it tomorrow. Instead I went with the "massively overpriced" option of paying 8 or 9 grand for a watch thats now worth 15.
Because Barchettaman, like many of us here, has likely determined the value on the physical watch itself, and not it’s projected resale value. don logan said:
I remember the guys in a Rolex AD looking at mine with real excitement, they couldn’t get their heads around the quality for the price!
Did they think it was better quality than the Rolex? Or good for the price?The last few pages neatly demonstrate how tragic people sound when they get all superior talking about watches primarily as an investment.
Not for nothing but your position makes no sense anyway, sneering down at people who might want to buy a Tudor but also getting all defensive about it by saying well you might lose money on a Tudor.
The value for most people when they buy or a given a nice watch is in the wearing and enjoying of it, I hope anyway.
Not for nothing but your position makes no sense anyway, sneering down at people who might want to buy a Tudor but also getting all defensive about it by saying well you might lose money on a Tudor.
The value for most people when they buy or a given a nice watch is in the wearing and enjoying of it, I hope anyway.
I'm not sneering at anyone at all. 4 hours ago I didn't know what a Tudor was.
I'm questioning the comments re the Rolex being overpriced and the Tudor being a bargain... there doesn't appear to be any factual basis for that claim at all. The Tudor lost money, the Rolex didn't... it seems quite straight forward to me re which one was overpriced.
The market will tell you what somethings worth, whether its a Rolex, a Ferrari or a pizza.
I'm questioning the comments re the Rolex being overpriced and the Tudor being a bargain... there doesn't appear to be any factual basis for that claim at all. The Tudor lost money, the Rolex didn't... it seems quite straight forward to me re which one was overpriced.
The market will tell you what somethings worth, whether its a Rolex, a Ferrari or a pizza.
Rolex don't make a thin, bevelled case, 39mm Sub in black, red and gold any more.
Also, Tudor resale can be great, same as Rolex resale can be awful (ever tried to shift a datejust?).
Numbers below are rolling global sale value average on left and % movement vs purchase on right.
Also, Tudor resale can be great, same as Rolex resale can be awful (ever tried to shift a datejust?).
Numbers below are rolling global sale value average on left and % movement vs purchase on right.
Edited by richthebike on Friday 23 October 05:11
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