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The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...) - Page 2539  

post #38071 of 48312
Quote:
Originally Posted by TobiasGendrick View Post


In all likelihood...15-25% of the MSRP. The rest is brand name prestige.

 

So you could call us watch geeks stupid of overpaying hugely! :bounce2:

post #38072 of 48312

The rest is sales tax, sales staff and retail premises overheads (capital and running), import duties, sponsorship and advertising, warranty commitments.  And then profit.  But my guess would also be that the actual cost of manufacture i.e. materials, supplies, manufacturing staff and factory costs, would indeed be in the 15-20% range.  I'd guess the lower end of that.

 

And I have no problem with that, incidentally.  Business is business, and building a powerful brand costs money.  Money that we have to pay back if that's the brand we trust (or with which we want our own prestige to be associated).

post #38073 of 48312
Quote:
Originally Posted by mimo View Post
 

The rest is sales tax, sales staff and retail premises overheads (capital and running), import duties, sponsorship and advertising, warranty commitments.  And then profit.  But my guess would also be that the actual cost of manufacture i.e. materials, supplies, manufacturing staff and factory costs, would indeed be in the 15-20% range.  I'd guess the lower end of that.

 

And I have no problem with that, incidentally.  Business is business, and building a powerful brand costs money.  Money that we have to pay back if that's the brand we trust (or with which we want our own prestige to be associated).

I agree, and if you dont want to pay full price you can turn to the second hand market and "lose" less :)

 

Its like buying a car, once you taken it out of the car shopit loses a lot of value,

post #38074 of 48312

But just like with a car, the stronger the brand, the better it holds its used value, and the fancier the model, the faster it depreciates, even in percentage terms: used steel Rolex DateJust = money in the bank.  The Toyota Camry of watches.  New platinum Patek Philippe = eye-watering Aston Martin-style depreciation.

post #38075 of 48312
Quote:
Originally Posted by mafoofan View Post

Can't stop staring. Check out the engraved logo!
Warning: Spoiler! (Click to show)

Foo: Congratulations on the two new acquisitions. Loving the Panerai and the green strap on your Tank is pretty sweet. I never thought that I would start liking Panerais, but they've begun to grow on me... There simplicity and bold styling is refreshing in a world of Submariner and Speedy clones...
post #38076 of 48312

15300 and some polar vortex gear.

post #38077 of 48312
Quote:
Originally Posted by mimo View Post

But just like with a car, the stronger the brand, the better it holds its used value, and the fancier the model, the faster it depreciates, even in percentage terms: used steel Rolex DateJust = money in the bank.  The Toyota Camry of watches.  New platinum Patek Philippe = eye-watering Aston Martin-style depreciation.

I don't think the car analogy works too well. It may hold true for the initial depreciation hit if you buy your exotic/rare watch from an AD at a price much greater than in the gray market (not advocating one over the other, I have done both). But beyond that it's a whole different ballgame. With very few exceptions, cars will eventually depreciate to nominal value, if not zero. Most of us here own watches that we purchased new that are worth more today than when originally purchased, and most of these are not rare models. I don't think I own a watch that is worth less than 75% of what I originally paid for it.
post #38078 of 48312
Quote:
Originally Posted by TC (Houston) View Post


I don't think the car analogy works too well. It may hold true for the initial depreciation hit if you buy your exotic/rare watch from an AD at a price much greater than in the gray market (not advocating one over the other, I have done both). But beyond that it's a whole different ballgame. With very few exceptions, cars will eventually depreciate to nominal value, if not zero. Most of us here own watches that we purchased new that are worth more today than when originally purchased, and most of these are not rare models. I don't think I own a watch that is worth less than 75% of what I originally paid for it.

Yeah, if youre going to invest and make money out of cars/watches its a no brainer what you should invest in :D

If you buy a watch in the second hand market and keep it in a good condition, you wont lose so much. 

You could get some extra in the most cases if the watch is taken out of production.

post #38079 of 48312
Quote:
Originally Posted by Sweden View Post

Yeah, if youre going to invest and make money out of cars/watches its a no brainer what you should invest in biggrin.gif
If you buy a watch in the second hand market and keep it in a good condition, you wont lose so much. 
You could get some extra in the most cases if the watch is taken out of production.

Haha, well, I wouldn't use the word "invest" too loosely. Investment grade watches are also very rare items. smile.gif While my 2001 16610 Sub is worth more than I paid for it, that is a horrible ROI over 13 years!
post #38080 of 48312
Quote:
Originally Posted by TC (Houston) View Post


Haha, well, I wouldn't use the word "invest" too loosely. Investment grade watches are also very rare items. smile.gif While my 2001 16610 Sub is worth more than I paid for it, that is a horrible ROI over 13 years!

Yeah I know :) 

 

Im thinking of the gentlemen that buys some nice not cheap PP and others, not buying a Submariner and sell it 10 years later for 1000 dollars more ;)

post #38081 of 48312
Happy Friday, fellas! Joining the blue shirt brigade (albeit with stripes). Not Dino's favorite watch, but a meaningful (to me) Greek limited edition with a cool tririeme engraving on the back.



Trying to get through one more frigid day before the weekend.
post #38082 of 48312
Quote:
Originally Posted by CHRK33 View Post

Happy Friday, fellas! Joining the blue shirt brigade (albeit with stripes). Not Dino's favorite watch, but a meaningful (to me) Greek limited edition with a cool tririeme engraving on the back.


Trying to get through one more frigid day before the weekend.

There is a lot of nice VC o this forum! 

 

I like the brand more and more :)

post #38083 of 48312
Quote:
Originally Posted by tifosi View Post

It does look good, but I dunno about better.

This
post #38084 of 48312
Quote:
Originally Posted by CHRK33 View Post

Awesome thing

 

CHRK, that is awesome!  Personally, I really like the Overseas: the first thing I noticed about yours is the blue guilloche dial. I always thought the blue one was quite flat, and only the white one had that cool texture.  Yours appears to show the best of both.  And a trireme on the back?  Why not?

 

Like.  Very like.

 

(Though more on the bracelet, if I'm nit-picking)

post #38085 of 48312
TGIF

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Styleforum › Forums › Men's Style › Classic Menswear › The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...)