Was emailed today from an AD that Omega are increasing their prices on 1/3 guess just in time for the supposed new announcements on the 5/3.
Sent from my iPhone using TZ-UK mobile app
Was emailed today from an AD that Omega are increasing their prices on 1/3 guess just in time for the supposed new announcements on the 5/3.
Sent from my iPhone using TZ-UK mobile app
I thought you’d said they had increased by a third…😳
I've been watching some Omegas sales one eBay with a view to adding a speedmaster. They go for around 50% of retail and how other models are performing I just can't see how Omega can justify another price increase.
I suspect it is a way of ratcheting up the price of existing stock so that when they launch the white dial Speedy then can do so at around or slightly above the level of the sapphire sandwich model which by then will be at circa £8K.
Last edited by Padders; 23rd February 2024 at 22:17. Reason: clarification
I mean £6.6k for standard speedmaster pro is daylight robbery.
That's completely true. But so's asking four figures for any mass-manufactured steel watch.Originally Posted by JPCain86
I have just had a look at completed listings on eBay and it looks like the previous (big box versions) sells for around £3.5k whilst the current version goes for about £1k more making it more like 70% of retail.
I have the big box version and at £3,500 it’s worth more than I paid for it so the residuals aren’t as bad as you are making out.
I mean the last hesalite one sold for £3,350. Current retail is £6,600 before any price rise.
If you paid £3,500 you didn't buy it new did you. Which makes the argument pointless.
No need to get aggressive and make false assumptions. I didn’t pay £3500, I paid less than that. And yes it was brand new (in 2017).
My point is you are comparing the sale price of an old model to the rrp of the new model (which has an updated movement).
The most recent sale you are referring to is a 2018 big box model. The current models sell for much more than that.
I think the new dark side of the moon actually did
Never realised the DSOM was over £12k now.
Sent from my iPhone using TZ-UK mobile app
£7.5k for the sapphire sandwich currently and there’s an immaculate looking 2022 from a forum good guy sat on SC at £4.6k not yet sold.
I’d be interested to know if the margins levels are remaining the same once the price rise has been applied.
Hesalite just sold on eBay for £3.35k. Omega will have residuals like Hublot if they keep the price rises up. Seems bonkers, almost like someone has said sales have dropped, let's just raise the price.
That Speedy on SC is a great price. Crazy to think it’s probably a £8k watch soon. When I owned one at near £6k I didn’t think it felt a £6k watch. Crazy that I want one again
Sent from my iPhone using TZ-UK mobile app
A quick search on SC identified four used Speedmaster 310/3861 sapphire sandwiches for sale recently with prices dropped to around the £4k5 mark yet they didn’t sell, suggesting anyone who buys at list is in for a tidy haircut.
And if they buy after the price rice mentioned they’ll be in for the Combat 18 skinhead
Yep it's nuts. And yet you can still buy a 3313 movement Broad Arrow Sapphire Sandwich model which uses the same case as the Pro (and a rather more upmarket movement) for less than £3K all day long. Those are starting to look like good value, the Moonwatch in all its forms much less so.
I missed the boat when they were affordable, cannot see the value in the SM currently as for me it’s a sub £3k watch.
In terms of product I’d benchmark Omega with Tudor.
Can not see the justification for the price difference.
Ffs here we go again omega, btw Tudor is not a match to omega in my opinion
Maybe not the dive watches but the standard speedmaster isn't a great watch. Looks great but other than that the Tudor chrono is far better in terms of a watch.
I really don't understand where these comparisons with Tudor come from. This is ridiculous.
Sent from my iPhone using Tapatalk
If you really believe that I am willing to swap my Tudor for you Speedmaster moon watch,today.
What does the OP mean by 1/3 a third?
Absolutely I will. I do get the £1,800 price difference on top right? Thought not but that's the point of the discussion. The Speedmaster Professional is £1800 higher than the Tudor pre price increase.If you really believe that I am willing to swap my Tudor for you Speedmaster moon watch,today.
What does the OP mean by 1/3 a third?
It's 1st March
I wouldn’t pay retail for any Omega having recently had a really good experience buying from eBay. 2.5 year old Aqua Terra white dial 38mm on bracelet, came boxed, papers, balance of warranty, fantastic condition all for £3000, 50% less than retail. I dealt with a really good seller and it was delivered via eBay’s authentication centre so total piece of mind.
I’ve got half a mind to pair it with a black Seamaster as a two watch collection in the future and would look to follow the same process again. Obviously you need to find the right deal, sometimes a case of being vigilant & patient, but well worth it. There’s also grey dealers that have eBay shops that were selling the same watch new for £4750, another option.
I do not see the justification in the price difference, but I do rate Omega higher and I've owned both brands this past 40 years and still do.
Last edited by j111dja; 24th February 2024 at 14:25.
I thought they had lost the plot a few price rises ago, this latest one is just bonkers.
When you look long into an abyss, the abyss looks long into you.........
I think a new Speedy is poor value for money now. I've owned several and I always felt like it was quite a basic watch compared to other chronographs like the Navitimer.
I think there a lot of missing the point posted above.
Can you name me a list of more iconic watches than the Speedy Pro?
If other of the top brands made an authentic remake of their most iconic models they’d likely sell them for a lot more.
It wasn’t long ago we could buy Rolex at 20-25% off list for a recent watch; but the fact Omega are selling for something like their RRP of 5 years ago seems like a big deal to some.
Id agree that Omega are pushing their pricing way above where I would like it to be, but they are obviously selling watches, even in this changing economy.
It's just a matter of time...
I don't think the point is being missed. We are talking about prices of watches and another increase in Omega price (again). I have focussed in on the Speedy Pro because I think at £7k it is insanely expensive for what you get. I don't think this is the case with the Seamasters as much.
No one is saying that the Speedmaster isn't a great watch or an iconic watch but the fact that the list will be £7k for a watch that can be picked up for around half that shows Omega have gone to far.
I mean look at the silly White Gold Speedmaster at £50k plus. It's just insane pricing.
Moreover, it’s the hell of the watch. Super reliable and in its 3861 iteration has almost quartz accuracy.
Comparing a Tudor Chrono to a Speedmaster is a bit like comparing a Passat to an E Class I think.
Same category yes but different tier.
Based on the logo on the dial.
Who would you compare the Speedmaster to then? It's certainly closer to the brands below than the brands above.
I would say the Tudor is halfway between everything else and Omega.
The Tudor has a movement shared by Breitling and Cartier and isn’t even given back to you after service. Instead a floater movement is used and your old movement is serviced later on and given to someone else. You can’t have a system like that and have the two at the same level.
I would have another Tudor before I’d another Omega but that’s personal preference.
Here's a used sm300 white dial for smidge over 3k
https://www.pragnell.co.uk/pre-owned...300m_2365312-p
Cheap watch for someone I think
there are some amazing deals there! Recent OEM prices were bonkers - now 5-6% more so.
I really like
Last edited by MartynJC (UK); 24th February 2024 at 19:40.
“ Ford... you're turning into a penguin. Stop it.” HHGTTG
Can't find it - has it gone already?
Sent from my Pixel 8 Pro using Tapatalk
Tag due a 6% increase shortly soon as well
Sent from my iPhone using TZ-UK mobile app
I guess all of the expensive new boutiques need to be funded somehow.
D
Sent from my iPhone using Tapatalk
These price rises are getting crazy,
Sent from my iPad using Tapatalk
If you don't want to pay the silly UK prices a nice hack is to buy from Japan where Omega prices are much lower. Even factoring in 20% VAT on import these are much cheaper and this dealer will haggle as well on price a bit.
Some examples - all watches in stock and ready to go.
Is this chrono24 or some other website?If you don't want to pay the silly UK prices a nice hack is to buy from Japan where Omega prices are much lower. Even factoring in 20% VAT on import these are much cheaper and this dealer will haggle as well on price a bit.
Some examples - all watches in stock and ready to go.
Chrono24 yes.
The dealer I use is Omicron watch.
Well it’s d day… did they rise?
Sent from my iPhone using Tapatalk
I don't think they have?
I heard it was limited to full precious metal and bi metal versions. That's meant around £300 increase on this Globemaster and the likes of the seamaster bi metal. Not sure what the extra was on the big boys.
Usual TZ 'scaremongering'.
I guess so.
Mind you, the retails are scary enough at present.
No I was the one who received the email & it looks as though probes for gold & gold/ steel items have increased
Sent from my iPhone using TZ-UK mobile app
The less popular watches then and not by great amount.
Posting Permissions
Reply With Quote
