It's happening....

[boogiebot]

Originally Posted by askdanny

5-10% BELOW MSRP? Nah, the global demand is way too strong to meet current supply levels. Again, I hope my reply here doesn’t age well, but there is no way we’ll see grey prices be at MSRP or lower. With Instagram flexing, YouTube videos, watch blogs—Rolex is the most reputable brand in the world, vertically integrated and operating out of a tiny country with no room to grow.

Maybe if China stays closed forever…

I think the china thing is over played. I have a lot of friends from china. Most of them are what you’d consider on the higher end of wealthy. Spending 15-25k in the club would be a joke for them. When I asked them about Rolex and what they think, it’s not really a top of mind brand for them. They would consider this low level luxury. Also - this is coming from them not me, wearing a watch doesn’t get as much recognition for them as dripping in designer clothes and flashing hot cars. They would rather spend the big bucks on cars so they can be scene.


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