That's what the grey and scalpers and resellers will preach.

Buy to enjoy yes, but are you a water fish? Ok lah, if you Datuk with RM400 million net worth, paying scalper price is nothing to you, help the economy. For the average Joe, stupid to pay premium when you still have car and house debts.

Cause even when you have no intention to sell, when shit hits the fan and you need money and cashflow, you going to sell your car, your house, or the Rolex first?

One of the values of Rolex, it will always sell/convert to cash easily. More liquid than your house.

No. That's stupid. Again i say this a thousand times watch is NOT an investment. You want casflow go put in FD or high yield savings account like endownus you want investment go buy bonds or stock.

If you can't afford then don't buy a rolex. Go for an omega or smtg that suits your budget like a tag heuer. Rolex is not for everyone. Its a luxury goods for a reason.

You should treat buying a watch like buying a car. You don't buy a mercedes coz its liquid and can easily sell right? Same principal.

This post has been edited by Rolexseller123: Dec 30 2022, 12:55 PM

Talk until like ROlex is haute horology and the epitome of luxury

Nope its not. Its actually an entry level luxury if you ask me. But its not mass market product like smart watch dunno wat iwatch either. You want haute horology look at Patek, vacheron, etc.

This post has been edited by Rolexseller123: Dec 30 2022, 01:04 PM

ROLEX<- if you know their history is really good watch. But then, how they treat their customer is another ass. thus, for me, is not relevant now until they change some of their strategy. Dont hate me, just go research...

OMEGA<-- great watch, but some hate it because mass production..
ZENITH <-- icon chronomaster looks good!
IWC <-- great too if you like the design. they have 41 now! thats superb nice instead of their usual 43!
PANERAI <-- well, if u like the design, otherwise, hurmmm...
many more brands, just do your research and pick 1 you love the most...

Well demand and supply my friend. Fact is there is way more demand for rolex than the rolex factory can churn out. Hence not enough stock. And rolex is not the type to flood supply to meet demand and destroy the brand.

It’s not an investment.

Most of us average joes work, have income, have commitments. I may rock several watches, I am not wealthy. I enjoy my watches and my life.

I bought my watches to enjoy. Not a business or to make money off of it.

That being said, if I’m unlucky to have been laid off, have family members with medical complications and need cash cause exceeded insurance coverage, while at the same time still having to serve my car and house loan.

What options do I have? Pawning the crown is the easiest, fastest way, that makes the least impact. Losing the car? Makes my life difficult to commute. Losing the house? I can sleep in the car but I can’t shower. Losing the crown? It is okay, I will get it back one day.

I can afford it, but shit hit the fan, which is common in life.

So paying reseller prices for it doesn’t make sense because you can’t afford it. If you are wealthy, by all means.

Buying a Mercedes, you’re still not paying scalper price. The point I’m making is not against buying a Rolex, but buying it, or the AP or PP 5611 at ridiculous reseller prices, where realistically average joes can’t afford.

Shortage is caused by resellers cause all the watches are sitting in their showroom….

Man the amount of watches I saw sitting on reseller shelf in HK pre-covid was nuts.

This post has been edited by Jason: Dec 30 2022, 02:34 PM

big jaws control the stocks.

resellers connecting to the big jaws.

big jaws set the price.

resellers follow the margin.

This post has been edited by Mattressdepot: Dec 30 2022, 05:39 PM

2023 soon guys.

Time to move on from the 2021 rhetoric.

2023 will be a game changer as Rolex now allow their AD to resell and do whatever they want…

AD vs Grey..

my personal take la, if it ever crosses ur mind need to pawn the watch, then u still got this debt that debt, pls do not buy a luxury watch, regardless it is a retail Rolex or any other brand

to spend 5 figure on a watch is a luxury dy, be prepared it is stolen or 0 in value

for rainy days, u keep tat figure in a bank safer

there are other watches that can wear n enjoy which cost much more lesser and nevertheless tells the time also, just minus the flex

abit kesian the old greys, pre 2016 all go to them, cos cheaper than AD, nowadays all scold them, because higher than retail, now grey should be selling white gold sub lower than retail, but I dont really see ppl snapping it up, if this was 2021, retail white gold sub, all snap up

Well said bro.

Old money views vs new money.

Well said. Can afford to buy 40k watch, can't afford to pay 40k debt.

I might be a little late to recommend you. But you can look at atelier wen perception. Look it up, u will know how watch communities praise this new brand. I have mine on the way before cny. Cheers.

No arguments there but prices on the resale grey market is according to simple market supply and demand. If there is demand and people are willing to pay $x for it then grey dealers will sell for $x. Conversely if there is no demand at $x (like what happened in 3q-4q 2022) then prices will go down.

Besides if you need to pawn smtg, luxury watches should be the last thing you think about. Go buy and keep gold instead. You can pawn gold. At least gold follows an index.

This post has been edited by Rolexseller123: Dec 31 2022, 01:22 PM

Actually its good for the grey that rolex allows CPO.
I mean where do you think AD gets the older model to resell?
Also from grey. And the prices of CPO from AD is insane. An older 2015 model from AD at CPO can sell for more than a brand new current dated ones from grey market. And guess what, people will still buy coz they want to "build relationship" with the AD in hopes that they can be allocated a brand new one at retail price.

This post has been edited by Rolexseller123: Dec 31 2022, 01:24 PM

Well said and excatly what i said

DELETE

This post has been edited by lisahasan: Dec 31 2022, 08:29 PM

Rumour has it a local reputable reseller sold high-end fakes (Daytonas..etc) to a big group of buyers...victims taking legal action now, u hv any idea who’s that reseller?

As far as I’m concerned, there is only few reputable reseller in Mal..

What do you define as affordability? A person with the cash to buy it, doesn’t mean he has no car loan or home loan.


No arguments for sure. Just exchanging our respective views, which is fine if we don’t agree.

Supply and demand, you are absolutely right. I’m just saying it’s skewed here because it is artificial, due to greys holding the stocks. And when the buying stops and demand slows, the price will normalize.

In any case this CPO program by the crown is interesting. Let’s see how it plays out.

End of the day it is your money, if you’re happy paying grey prices, go ahead.

This post has been edited by Jason: Jan 3 2023, 03:18 AM