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| Joined: | Thu Oct 11th, 2007 |
| Location: | Home Again With My Loving Family |
| Posts: | 1613 |
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[Big money folks buy the Luxury watches more for show that as a tool or collectable.
This is very true. A Rolex really has become a status symbol for many non-WIS. There are still many that appreciate the history associated with the more storied models i.e. Submariner, GMT,Explorer and Day-Date(President). There's quite a bit of history with all those models.
The best way to purchase a Rolex in my opinion is the secondary market. Unless I become rich, I'll never get a Rolex from an AD. There are quite a few trustworthy resellers out there where a used or NIB model can be had at better prices than at the AD. Are they still expensive in comparison to many other brands out there? Yes, they are, but their value diminishes the least of most of the brands out there where certain models are concerned.