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A Rolex one buys in a store today does not appreciate in value at all. They have a similar depreciation curve to cars.
by sjtgraham 12y ago
A Rolex one buys in a store today does not appreciate in value at all. They have a similar depreciation curve to cars.
- gonzo 12y agoI'd point out that some cars retain value, just like some watches retain value, but I think that's lost on you.
- dang 12y ago> but I think that's lost on you No personal jabs, please. This comment makes a fine point without that.
- kenrose 12y agoI'll point out that's not true with all Rolexes. Depending on which Rolex you purchase, it may very well appreciate over time. Rolex occasionally tweaks aspects of its various models. For example, a 2015 Submariner has larger lugs, larger hour markers, and branded rehaut compared to a 2001 Rolex. This makes newer Subs look different and, for some collectors, makes the older models more desirable. Pepsi Subs and the Paul Newman Daytona are both good examples of watches that have become collectable and whose value today greatly exceeds initial purchase price + inflation.