Thread: Rolex
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      06-22-2013, 10:06 PM   #73
mike the snake
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Drives: 135i
Join Date: Sep 2011
Location: Sonoma County, CA.

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Buying used seems to be a good way to go. I like to buy "mint" but a few years old, this way you skip the depreciation and go right into appreciation. I paid $4800 for my Submariner a year and a half ago, and they're going for quite a bit more than that now (Z series). Unfortunately that watch was destroyed in my motorcycle crash. I replaced it with a Panerai (Pam 0072) that is already worth more than I paid.

Monday, I think I'm going to pull the trigger on another Z series Submariner. My Panerai I'm wearing more as a dress/special occasion watch, and I need a nice daily wearer.


Quote:
Originally Posted by dtwyim View Post
I like new ones myself. I always buy mine brand new, just like my cars. Kind of a waste of $ but that is just the way that I am.

I am hoping watches that I have will turn "vintage" one day and my kids will appreciate it (through either wearing it or selling it)

I know buying rolexes is not exactly good investment but at least it is not as big a $ loser as buying new cars. This is an excuse for myself to keep buying watches