Originally Posted by
Dave+63
Whilst we are currently seeing a correction from the past few years of madness, I think they’ll always continue to rise (albeit at a much more realistic rate) as I can’t see Rolex either reducing RRPs or ADs discounting any time soon.
When I bought my 16710, GMTs were around £5.5k, they are now £9350 if you can get one. As they continue to rise, the used market will almost certainly follow suit. So if you buy wisely and keep the watch for a number of years, the selling price will probably be higher than your original purchase price thus making the watch a no cost ownership proposition.
You’ll definitely not get your money back selling a San Martin so the Rolex will ultimately be cheaper to own than the San Martin.