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--Rolex-- · 30 January 2011, 05:58 PM

I"m looking to buy a green face/bezel ceramic submariner. They can't be found for much below retail at the moment. Should I hold off for a few months and wait for the grey market price to go down? Or do you think the ceramic sub will hold its value?

hacampbell1360 · 30 January 2011, 06:05 PM

Dont think that is ever going to happen. Sub-c green is limited production. You may find a pre-owned at lower price, but dont expect much of a discount. Rolex prices are going up and up, once or twice a year.

onryo · 30 January 2011, 06:12 PM

Rolexes hold value, there's no debate about that. The new ceramic Subs are just that "new". Therefore, there aren't a lot available on the secondary market. The pre-owned ones that are for sale are still the current model, therefore they only go for slightly below retail. In 10 years, there will be an abundance of secondhand ceramic Subs and their prices will normalize in a range based on their age and condition. The question is, do you want the ceramic Sub? Is it worth the wait for the discount or will you just want the new hotness then? Yes, if you hold out, the price will "come down".

L-16610 · 30 January 2011, 06:13 PM

within 1 year they will drop
Secondhand price will be listrpice - 20 or 25%

It happens ALL THE TIME witn new models

Singslinger · 30 January 2011, 07:14 PM

Rolex don't make limited editions.

The prices of the new Subs are being inflated by the fact that they are new but already their prices are falling. When both the black and green Subs were issued last year they sold at premiums that disappeared within a few months. Today you should be able to buy a new piece at MRSP or even a slight discount and it's my guess that this discount will continue to widen as time passes.

Whatever the case, you should not pay a premium.

henrylee · 30 January 2011, 07:18 PM

I bought mine at MRSP. I think its worth the price if you can afford it. Love the ceramic bezel on mine 116610ln.

orangesphere · 30 January 2011, 07:53 PM

Yes, the price is going to drop!!!!!!!!!!

EchoBlueUK · 30 January 2011, 07:59 PM

No. Not with the ever increasing rrp.

unclesallie · 30 January 2011, 08:43 PM

Quote:

Originally Posted by Singslinger

Rolex don't make limited editions.

The prices of the new Subs are being inflated by the fact that they are new but already their prices are falling. When both the black and green Subs were issued last year they sold at premiums that disappeared within a few months. Today you should be able to buy a new piece at MRSP or even a slight discount and it's my guess that this discount will continue to widen as time passes.

Whatever the case, you should not pay a premium.

Boy, truer words were never spoken. I remember when the 'three' Musketeers of Milgauss came out. The GV Milgauss was going for thousands of dollars over MSRP. The 'new' Milgauss's are now being sold at discount !

wokafu · 30 January 2011, 08:57 PM

Quote:

Originally Posted by EchoBlueUK

No. Not with the ever increasing rrp.

2nd that..

SC11 · 30 January 2011, 10:27 PM

No not if you buy right !

Currently most LN's are selling on forums preowned for more then I paid for mine new ! (has been two increases since my purchase I do believe)

Yes I know they are still having a peak and this will settle just like the GMTII-C's but even once they do settle and selling at 20-30% off retail by then with Rolex's increases it will more then likely be above what I paid.

But at the end of the day it's a watch not an investment but then I do like knowing it holds it's value, feels better :-)

Sam

HL65 · 30 January 2011, 10:34 PM

I think if you expect a newer model to hold value-you are expecting too much. I think one shoyld expect it to be worth at least 35% less the minute you walk out the door if you paid retail. For new Sub LV--a bit different as the watch is still an allocation watch and not readily avaialable--AD's can't order them so it will do better. Allocation watches clearly hold value much better.....

duckdown · 30 January 2011, 10:59 PM

Awesome choice, that was my #1 pick of first Rolex I'd like to own but its just so expensive...

GREEN friggin rules

Hooper · 30 January 2011, 11:38 PM

Quote:

Originally Posted by EchoBlueUK

No. Not with the ever increasing rrp.

I tend to agree

ingoodtime · 31 January 2011, 01:11 AM

Quote:

Originally Posted by L-16610

within 1 year they will drop
Secondhand price will be listrpice - 20 or 25%

It happens ALL THE TIME witn new models

Yes, but in two years if msrp is 15%higher, how much will you have saved after waiting two years.

ingoodtime · 31 January 2011, 01:15 AM

Quote:

Originally Posted by Singslinger

Rolex don't make limited editions.

The prices of the new Subs are being inflated by the fact that they are new but already their prices are falling. When both the black and green Subs were issued last year they sold at premiums that disappeared within a few months. Today you should be able to buy a new piece at MRSP or even a slight discount and it's my guess that this discount will continue to widen as time passes.

Whatever the case, you should not pay a premium.

Saw a NIB green ceramic sub at a non AD last weekend. Asking price was $8300 USD, that is above MSRP. I figure he is higher priced to "leave room" for negotiation.

AIKO · 31 January 2011, 01:53 AM

Shop around!!!!! I paid $6800 for the ceramic LV from my AD.

L-16610 · 31 January 2011, 01:57 AM

Quote:

Originally Posted by ingoodtime

Yes, but in two years if msrp is 15%higher, how much will you have saved after waiting two years.

the average is 3-4% per year, no more

Besides, look at the Yachtmaster I

Listprice is 8300 euro and you can still find them for a lousy 4300 euro ... somethimes it take much more time before seconhands prices follow the listprice

Cabaiguan · 31 January 2011, 03:18 AM

That's why I typically do pre-loved. Much like cars, I hate being the one paying for the initial depreciation hit.

general · 31 January 2011, 03:43 AM

Quote:

Originally Posted by Singslinger

Rolex don't make limited editions.

The prices of the new Subs are being inflated by the fact that they are new but already their prices are falling. When both the black and green Subs were issued last year they sold at premiums that disappeared within a few months. Today you should be able to buy a new piece at MRSP or even a slight discount and it's my guess that this discount will continue to widen as time passes.

Whatever the case, you should not pay a premium.

Do not rush out to buy one. Take your time and pick it up when you see a good deal.

moby33 · 31 January 2011, 03:57 AM

Quote:

Originally Posted by Singslinger

Rolex don't make limited editions.

The prices of the new Subs are being inflated by the fact that they are new but already their prices are falling. When both the black and green Subs were issued last year they sold at premiums that disappeared within a few months. Today you should be able to buy a new piece at MRSP or even a slight discount and it's my guess that this discount will continue to widen as time passes.

Whatever the case, you should not pay a premium.

Quote:

Originally Posted by AIKO

Shop around!!!!! I paid $6800 for the ceramic LV from my AD.

Quote:

Originally Posted by Cabaiguan

That's why I typically do pre-loved. Much like cars, I hate being the one paying for the initial depreciation hit.

These 3 posts sum it all up perfectly IMO.

hacampbell1360 · 31 January 2011, 10:06 AM

[QUOTE=SteelerFan1965;2302444]I think if you expect a newer model to hold value-you are expecting too much. I think one shoyld expect it to be worth at least 35% less the minute you walk out the door if you paid retail. For new Sub LV--a bit different as the watch is still an allocation watch and not readily avaialable--AD's can't order them so it will do better. Allocation watches clearly hold value much better.....[/QUOTE

agreed. 2x.

WPI · 31 January 2011, 10:18 AM

The new subC LV already costs more than when it was released last year. Roles are ensuring that you at least get your money back on these things after a couple of years.

uplandhunter · 31 January 2011, 04:47 PM

Bought a Submariner Ceramic in black this week for $6200.00. I think I got an extremely good deal. Asking was $7350.

htc8p · 31 January 2011, 04:55 PM

prices increases are a fact. but the the gmt2c is more reasonable when i bought it compared to when it was first released.

masterkiller · 31 January 2011, 05:05 PM

New - NEVER, prices go up every year, but for sure you most likley will be able to find pre-loved cheaper then new ones...

/Masterkiller

TopNotchChach · 31 January 2011, 05:26 PM

To be honest, one of my thoughts when i was buying this watch was that it was going to be a major change in Submariner history. Which i thought would make it hold its value. But once i bought it, none of that mattered. Just having my first rolex and the reason why i bought it meant sooo much more.

i love my sub c! its amazing. i love everything about it!

jeremyam · 1 February 2011, 12:08 AM

price drops slightly as market becomes saturated with them...

Rani Drama · 1 February 2011, 12:13 AM

I got mine at a great deal for Canadian standards. And since it was the first year for this model it's just going to go up. I could probably sell mine for how much i paid for it right now if i wanted to. The key difference i would say is that the entry point for this model was what 7250 it's not like you have people who bought it for significantly less several years ago. It was one of the reasons i chose the sub over the GMT. GMT was selling for slightly less than the sub c but many people picked one up for much less several years ago.

sond86 · 1 February 2011, 12:41 AM

Quote:

Originally Posted by --Rolex--

I"m looking to buy a green face/bezel ceramic submariner. They can't be found for much below retail at the moment. Should I hold off for a few months and wait for the grey market price to go down? Or do you think the ceramic sub will hold its value?

My own opinion / $.02

Supply & demand, I think its fair to say, green is in much lower production & supply than the black ceramic, and if it that pattern holds it will help hold good value, plus this is the iconic sub.

Its hard for me to imagine it being 1/3 less value pre-owned anytime soon (1-3 year after release) then when looking beyond 3 years, the new list may be up 10-15% which may close the depreciation/used value gap.
but definely a good idea to shop around 10% off MSRP MAY BE ATTAINABLE depending on where one shops and how they approach it.

30 January 2011, 10:34 PM	#12
HL65 TRF Moderator & 2024 DATE-JUST41 Patron Join Date: Dec 2007 Real Name: Ken Location: SW Florida Watch: One on my wrist. Posts: 63,485	I think if you expect a newer model to hold value-you are expecting too much. I think one shoyld expect it to be worth at least 35% less the minute you walk out the door if you paid retail. For new Sub LV--a bit different as the watch is still an allocation watch and not readily avaialable--AD's can't order them so it will do better. Allocation watches clearly hold value much better..... __________________ *SPEM SUCCESSUS ALIT*

30 January 2011, 10:59 PM	#13
duckdown "TRF" Member Join Date: Dec 2010 Real Name: R Location: Toronto, Canada Watch: d a t e j u s t 2 Posts: 462	Awesome choice, that was my #1 pick of first Rolex I'd like to own but its just so expensive... GREEN friggin rules __________________ My current "Rolex Fund" savings status: ~$15,000 CAD What am I buying next? I want a solid 18k gold Rolex. Got a great deal I should know about within my budget? Tell me!!

31 January 2011, 05:05 PM	#26
masterkiller "TRF" Member Join Date: Sep 2008 Location: Sweden Watch: Rolex, AP & PAM... Posts: 1,403	New - NEVER, prices go up every year, but for sure you most likley will be able to find pre-loved cheaper then new ones... /Masterkiller __________________ Rolex - SubC... AP - Diver... Panerai - PAM380 Omega - Speedy PRO

1 February 2011, 12:13 AM	#29
Rani Drama "TRF" Member Join Date: Aug 2010 Location: Canada Watch: 116610LN Sub Posts: 427	I got mine at a great deal for Canadian standards. And since it was the first year for this model it's just going to go up. I could probably sell mine for how much i paid for it right now if i wanted to. The key difference i would say is that the entry point for this model was what 7250 it's not like you have people who bought it for significantly less several years ago. It was one of the reasons i chose the sub over the GMT. GMT was selling for slightly less than the sub c but many people picked one up for much less several years ago. __________________

30 January 2011, 05:58 PM	#1
--Rolex-- Member Join Date: Jan 2011 Location: california Posts: 18	Will Ceramic subs lose value? I"m looking to buy a green face/bezel ceramic submariner. They can't be found for much below retail at the moment. Should I hold off for a few months and wait for the grey market price to go down? Or do you think the ceramic sub will hold its value?

30 January 2011, 06:05 PM	#2
hacampbell1360 "TRF" Member Join Date: Nov 2010 Real Name: Hiep Phan John Location: san jose, ca Watch: The Fantastic FOUR Posts: 267	Dont think that is ever going to happen. Sub-c green is limited production. You may find a pre-owned at lower price, but dont expect much of a discount. Rolex prices are going up and up, once or twice a year.

30 January 2011, 06:12 PM	#3
onryo Member Join Date: Dec 2010 Location: Seattle Watch: GMT-Master II Posts: 410	Rolexes hold value, there's no debate about that. The new ceramic Subs are just that "new". Therefore, there aren't a lot available on the secondary market. The pre-owned ones that are for sale are still the current model, therefore they only go for slightly below retail. In 10 years, there will be an abundance of secondhand ceramic Subs and their prices will normalize in a range based on their age and condition. The question is, do you want the ceramic Sub? Is it worth the wait for the discount or will you just want the new hotness then? Yes, if you hold out, the price will "come down".

30 January 2011, 06:13 PM	#4
L-16610 "TRF" Member Join Date: Mar 2008 Location: Europe Posts: 825	within 1 year they will drop Secondhand price will be listrpice - 20 or 25% It happens ALL THE TIME witn new models

30 January 2011, 07:14 PM	#5
Singslinger "TRF" Member Join Date: Sep 2008 Location: singapore Posts: 6,424	Rolex don't make limited editions. The prices of the new Subs are being inflated by the fact that they are new but already their prices are falling. When both the black and green Subs were issued last year they sold at premiums that disappeared within a few months. Today you should be able to buy a new piece at MRSP or even a slight discount and it's my guess that this discount will continue to widen as time passes. Whatever the case, you should not pay a premium.

30 January 2011, 07:18 PM	#6
henrylee "TRF" Member Join Date: Jan 2011 Location: Socal/LA Watch: 116610LN Ceramic Posts: 3,219	I bought mine at MRSP. I think its worth the price if you can afford it. Love the ceramic bezel on mine 116610ln.

30 January 2011, 07:53 PM	#7
orangesphere Banned Join Date: Jan 2011 Location: United Sates Posts: 52	Yes, the price is going to drop!!!!!!!!!!

30 January 2011, 07:59 PM	#8
EchoBlueUK "TRF" Member Join Date: May 2009 Location: UK Posts: 1,543	No. Not with the ever increasing rrp.

30 January 2011, 10:27 PM	#11
SC11 Banned Join Date: Jul 2010 Real Name: Sam Location: UK Watch: AP ☠️ Posts: 6,151	No not if you buy right ! Currently most LN's are selling on forums preowned for more then I paid for mine new ! (has been two increases since my purchase I do believe) Yes I know they are still having a peak and this will settle just like the GMTII-C's but even once they do settle and selling at 20-30% off retail by then with Rolex's increases it will more then likely be above what I paid. But at the end of the day it's a watch not an investment but then I do like knowing it holds it's value, feels better :-) Sam

31 January 2011, 01:53 AM	#17
AIKO "TRF" Member Join Date: Nov 2008 Location: South Carolina Posts: 1,937	Shop around!!!!! I paid $6800 for the ceramic LV from my AD.

31 January 2011, 03:18 AM	#19
Cabaiguan "TRF" Member Join Date: Mar 2010 Real Name: Raf Location: NJ Watch: GMTII Posts: 2,151	That's why I typically do pre-loved. Much like cars, I hate being the one paying for the initial depreciation hit.

31 January 2011, 10:06 AM	#22
hacampbell1360 "TRF" Member Join Date: Nov 2010 Real Name: Hiep Phan John Location: san jose, ca Watch: The Fantastic FOUR Posts: 267	[QUOTE=SteelerFan1965;2302444]I think if you expect a newer model to hold value-you are expecting too much. I think one shoyld expect it to be worth at least 35% less the minute you walk out the door if you paid retail. For new Sub LV--a bit different as the watch is still an allocation watch and not readily avaialable--AD's can't order them so it will do better. Allocation watches clearly hold value much better.....[/QUOTE agreed. 2x.

31 January 2011, 10:18 AM	#23
WPI Member Join Date: Nov 2010 Location: London Watch: PAM088, Daytona, Posts: 25	The new subC LV already costs more than when it was released last year. Roles are ensuring that you at least get your money back on these things after a couple of years.

31 January 2011, 04:47 PM	#24
uplandhunter "TRF" Member Join Date: Oct 2009 Location: Midwest Posts: 1	Bought a Submariner Ceramic in black this week for $6200.00. I think I got an extremely good deal. Asking was $7350.

31 January 2011, 04:55 PM	#25
htc8p "TRF" Member Join Date: Feb 2009 Real Name: Bert Location: philippines Watch: 116710 ln Posts: 3,449	prices increases are a fact. but the the gmt2c is more reasonable when i bought it compared to when it was first released.

31 January 2011, 05:26 PM	#27
TopNotchChach "TRF" Member Join Date: Jul 2010 Location: Near the Ocean! Watch: 116610 Posts: 1,253	To be honest, one of my thoughts when i was buying this watch was that it was going to be a major change in Submariner history. Which i thought would make it hold its value. But once i bought it, none of that mattered. Just having my first rolex and the reason why i bought it meant sooo much more. i love my sub c! its amazing. i love everything about it!

1 February 2011, 12:08 AM	#28
jeremyam Member Join Date: Jul 2010 Real Name: Jeremy Location: Toronto, Ontario Watch: 16610 V Posts: 511	price drops slightly as market becomes saturated with them...

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