Thread all abt ROLEX - Part 2

[NeedHeIp]

not sure how this will affect grey dealers

 

[C4l3b]

Not much impact.. the cpo is meant for watches 3 Yrs and older:: not for those bnib or 1-2 years old watches

 

[Damienic]

I thought this move will dampen the resale price of Rolex watches. In some ways, maybe it might curb demand as flippers realised they can’t really make a good profit from selling their Rolex watches any more

 

[official_t_atelier]

Don't think will affect the resale price, in fact they may sell higher than grey because of the CPO.
Maybe an avenue for flippers to sell to them without being blacklisted.
Since Rolex recognised can't beat flippers may as well join them..

 

[Superspeso]

Looks like the only beneficiary is AD again. Look at the bucherer website CPO watch prices. Grey still will survive

 

[raidorz]

Looks like the only beneficiary is AD again. Look at the bucherer website CPO watch prices. Grey still will survive

I thought they all along already sold preowned. Just now that got CPO status with the new book and tag.

 

[gaoxing84]

Bye bye grey dealers. You have huat for so long and is time to move on

Lolol you don't know much about the Grey market don't you. Have you seen how much they charge for a cpo hulk?

Grey dealers have been around before the hype. Grey dealers don't pay rrp. They pay whatever market is asking and sell them for 5-8% mark up

You sound very sour tho, I see you flipping rolex too

 

[gaoxing84]

I thought this move will dampen the resale price of Rolex watches. In some ways, maybe it might curb demand as flippers realised they can’t really make a good profit from selling their Rolex watches any more

Lol. Pls. They just help pushed prices up in the Grey.

Imagine a AD. Have a Daytona up for sale at rrp new.
Then next show case, cpo Daytona for 2 x the rrp price.
Flippers also pay their due by bundling. They don't get rrp out of thin air. You should know better

 

[gaoxing84]

Looks like the only beneficiary is AD again. Look at the bucherer website CPO watch prices. Grey still will survive

Of course. Lol. Rolex can earn the servicing and producing the new documentation. Another source of revenue for them. Maybe that's why got new facility to do servicing.

 

[C4l3b]

Lolol you don't know much about the Grey market don't you. Have you seen how much they charge for a cpo hulk?

Grey dealers have been around before the hype. Grey dealers don't pay rrp. They pay whatever market is asking and sell them for 5-8% mark up

You sound very sour tho, I see you flipping rolex too

Indeed.. I saw on bucherer site, hulk convert conservatively is about $34k Sgd

 

[gaoxing84]

Indeed.. I saw on bucherer site, hulk convert conservatively is about $34k Sgd

lol. so i think you see next week hulk locally will jump from 24k to a conversative 28k-30k
because rolex thinks hulk is worth 34k at least.
plus grey dealers have original card, tags and set. for some still got factory warranty. definitely better than some CPO card.

long live the grey dealers! long live rolex!

 

[Damienic]

Lol. Pls. They just help pushed prices up in the Grey.

Imagine a AD. Have a Daytona up for sale at rrp new.
Then next show case, cpo Daytona for 2 x the rrp price.
Flippers also pay their due by bundling. They don't get rrp out of thin air. You should know better

Why does this push prices up in grey? They can mark up the watch at whatever price they think they can sell, but will the buyers bite? now the prices so low, why would buyers buy Hulk at 34k just because Rolex AD says it is worth that much?

 

[C4l3b]

Why does this push prices up in grey? They can mark up the watch at whatever price they think they can sell, but will the buyers bite? now the prices so low, why would buyers buy Hulk at 34k just because Rolex AD says it is worth that much?

I think what will happen is cpo pieces will be the price dictator. So greys will sell at slightly lower price. ADs will be able to dictate the price as they have holding power.’

 

[Superspeso]

i think rolex prices will be push up. Imagine many AD that are generating billions of profit from selling new watches suddenly enter secondary market to buy up watches dated 3 years or older. That massive snatch up of those pieces will not push up prices??

 

[Jay9999]

Maybe Grey dealers will need to lower the prices slightly to compete with the RCP for the same specification?

 

[Baggio10]

Any credible grey dealers to recommend?

 

[hwarzoner]

https://www.straitstimes.com/busine...mQdW2XZUe3KcNhqrUIqsyTfeEyGdU&mibextid=Zxz2cZ

 

[gaoxing84]

Why does this push prices up in grey? They can mark up the watch at whatever price they think they can sell, but will the buyers bite? now the prices so low, why would buyers buy Hulk at 34k just because Rolex AD says it is worth that much?

Then what's the point of this new system? Lol
Because rolex.

 

[gaoxing84]

I think what will happen is cpo pieces will be the price dictator. So greys will sell at slightly lower price. ADs will be able to dictate the price as they have holding power.’

Best. Better buy your hulk now at 24-25k. Soon it will be back at 30k

 

[gaoxing84]

Most think CPO means crashing the pre-owned market.
Yall must be high thinking those CPO will be cheaper than Grey lol
The moment bucherer posted the inventory list. I know not simple liao.