Planning to buy a Swiss watch? Buy it now!

Discussion in 'Classic Menswear' started by onix, Jan 20, 2011.

  1. onix

    onix Senior member

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  2. ajmanouk

    ajmanouk Senior member

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    Damn it. If I can't afford one now, then getting one in the future will be even harder.[​IMG]
     
  3. Mark Anthony

    Mark Anthony Senior member

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    Yearly price increases have been fairly steep the last few years and they alway seem to occur in right around the Spring.

    Not sure if this one will be any different though the Franc has been at its strongest over the past few months.

    Despite all the doom and gloom over the strength of the global economy they must be selling new watches to justify an increase.

    Notably though, pre-owned watches seem to be getting hit harder from my observation.
     
  4. changy

    changy Senior member

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    More reasons to buy german watch
     
  5. lee_44106

    lee_44106 Senior member

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    Yearly price increases have been fairly steep the last few years and they alway seem to occur in right around the Spring.

    Not sure if this one will be any different though the Franc has been at its strongest over the past few months.

    Despite all the doom and gloom over the strength of the global economy they must be selling new watches to justify an increase.Notably though, pre-owned watches seem to be getting hit harder from my observation.


    The Chinese, they are flush in cash!


    More reasons to buy german watch


    Amen! A Lange & Sohne FTW!
     
  6. Bill Smith

    Bill Smith Senior member

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    Looks like I'm buying Seiko next time out. The Swiss in their agressive pursuit of the Asian market has priced themselves out of North America. I hate to see what happens if their new target market goes into recession, it won't be pretty.
     
  7. Omega Man

    Omega Man Senior member

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    Looks like I'm buying Seiko next time out. The Swiss in their agressive pursuit of the Asian market has priced themselves out of North America. I hate to see what happens if their new target market goes into recession, it won't be pretty.

    +1. But it won't be happening anytime soon. China experienced a >10% economic growth last year. The Asian market has an insatiable appetite for luxury goods. As long as the world is buying Chinese made goods, it fuels this vicious circle.....
     
  8. ljrcustom

    ljrcustom Senior member

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    Notably though, pre-owned watches seem to be getting hit harder from my observation.


    Why would this have an impact on pre-owned swiss watch prices?

    -LR
     
  9. onix

    onix Senior member

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    Why would this have an impact on pre-owned swiss watch prices? -LR
    Demand and supply. Higher new watch price -> some people may opt to buy pre-owned pieces instead.
     
  10. changy

    changy Senior member

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    Demand and supply. Higher new watch price -> some people may opt to buy pre-owned pieces instead.

    +1 I believe the term from economic 101 is substitute goods.
     
  11. ljrcustom

    ljrcustom Senior member

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    Demand and supply. Higher new watch price -> some people may opt to buy pre-owned pieces instead.

    I understand this, but would this impact the price of pre-owned?

    -LR
     
  12. MBreinin

    MBreinin Senior member

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    They long ago priced themselves out of the point where I think it is rational. I literally cackle hysterically when I see the prices on new Omegas, for example, which in the "good old days" were a fine value. I am not even talking about the big boys like PP, AP, VC, etc.

    Glad I owned a pile of great stuff when you could still obtain a value, and that the novelty has worn off. Glad I still have a couple of pieces around as well.

    Mike
     
  13. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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    Amen! A Lange & Sohne FTW!

    This is the truth. Thats next on my list.
     
  14. medtech_expat

    medtech_expat Senior member

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    Amen! A Lange & Sohne FTW!

    This is the truth. Thats next on my list.

    Come to the dark side, boys... [​IMG]

    [​IMG]

    [​IMG]
     
  15. SpooPoker

    SpooPoker Internet Bigtimer and Most Popular Man on Campus Dubiously Honored Affiliate Vendor

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