Hehe dun use the term overpriced.
Me been tracking the Daytona SS prices since donkey years when it was only listed as $8k and the market was $12k. Back then the ADs all outright tell you need to pay premium. A few years down the road it was $16k if you’re lucky to get one. The rest is history now some asking for 2x RRP
Rolex says want to rein in ADs haha never happen man. Some predict prices to stabilised blah blah blah. History has shown it will never happen. Rolex professional models are immune to recession or whatever global events as covid is latest example.
So when is best time to buy one? It’s always NOW.
Make the plunge or live to regret it
Exactly, just buy as soon as you can. Caveat is, it’s gotta be with disposable income. If purchasing the watch at whatever price will not affect your life in anyway, that’s the right time to buy.
I’ve only ever bought one watch in my life above RRP, and that’s my white ceramic Daytona. I felt literal pain in my heart paying low $20k for it. 3.5 years later, it doesn’t matter one single bit. I’ve enjoyed wearing it all over the world, doing everything from gymming to swimming to meeting important people with it.
I have no intentions of ever selling it, but if some day I have to or want to, it’s like someone paid me a few thousand dollars to wear it for years, despite me being stupid enough to have paid thousands above RRP.
And if for some reason, the world economy collapses and Rolexes becomes worthless, it doesn’t matter one bit cos I didn’t put myself in debt to buy it in the first place.