The cost of a watch

gen09131

Join Date: Feb 2009

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I think we all often debate the cost of a watch and whether or not it will go lower. Well this is interesting. I had my eye on a ML Pontos rectangular with power reserve and date at 3. Shop had it for about 1600 - retail price was 2850. I think this was at the end of last year. I even checked websites and did not find it less that 1000. Well, I bought it privately for 925 and now I see on WOW it is 700.

So I guess the point is, if you wait long enough, prices come down as product must be moved.This is often what we see on the shop - the price drops over time The question is, if you wait too long, it might be sold out. It is a balancing act john g

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gen09131 View Public Profile Send a private message to gen09131 Find all posts by gen09131 Add gen09131 to Your Contacts #2 Today, 03:57 AM Join Date: Apr 2010 Avery Senior Member Veteran Geek

Location: Rhode Island Posts: 657 Real Name: Kevin

I always shop for th best deal.On my budget I have to.If I happen to miss a watch so be it.There will be another to take it's place.

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Today, 04:08 AM Join Date: Feb 2009 cleantic Location: Atlanta Senior Member Posts: 177 Senior Geek Real Name: Rod

Patience....Some brands can be purchased at a good discount after several months.

cleantic View Public Profile Send a private message to cleantic Find all posts by cleantic Add cleantic to Your Contacts #4 Today, 04:14 AM Join Date: Jul 2009 tkromer

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I generally pick out the next purchase I'm going to make months in advance. During that time period, I can see how the trend is going and whether I should jump when I can afford it, or continue to wait a little longer. I suppose it's possible I could miss out on some VERY limited edition watch someday, but it's never happened.

tkromer View Public Profile Send a private message to tkromer Send email to tkromer Find all posts by tkromer Add tkromer to Your Contacts #5 Today, 04:22 AM

CHRONOKEN Senior Member

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I learned my lesson years ago, not to be the first on the block to get a new model.

Waiting definitely gives you a better deal on pricing, but you do take the chance of not getting your first choice in either dial color, case color, strap, bracelet, ect, and sometimes not getting it at all.

But most times even with "Limited Editions" there still seems to be enough to go around, and if you're patient, you can save a lot of green.

I find it quite humorous to hear that popular phrase, "If Your Not On The Phone Right Now, You're Not Going To Get One" and then months go by, and there is still plenty in stock. Oh I know that's not the case every time, but it does happen more often then not.

So I don't listen to the hype, I do my homework, keep a close watch on the pieces I like, and strike when the price is right.

Ken..

CHRONOKEN View Public Profile Send a private message to CHRONOKEN Find all posts by CHRONOKEN Add CHRONOKEN to Your Contacts #6 Today, 04:33 AM gen09131

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well - in my case with the ML I did wait - even checked on line and saw the price too high - wanted it under 1000 and when it happened I bought. Now it is on line for 200 less

gen09131

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Quote: Originally Posted by gen09131 well - in my case with the ML I did wait - even checked on line and saw the price too high - wanted it under 1000 and when it happened I bought. Now it is on line for 200 less I wouldn't feel bad about it, cause you wanted it for under a grand, and got it.

There's always going to be some one selling for less, but you should feel good about getting the watch for the price you originally wanted.

I know is sucks to think you could have saved a couple hundred bucks, but don't let that take away from the good deal you got, and spoil your enjoyment of the watch.

Ken..

CHRONOKEN View Public Profile Send a private message to CHRONOKEN Find all posts by CHRONOKEN Add CHRONOKEN to Your Contacts #8 Today, 08:03 AM Join Date: Jun 2009 larrycumba Senior Member Veteran Geek

dice

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Today, 08:44 AM Join Date: Mar 2008 BigJoe

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I have to agree sometimes it does pay to wait justc depends on how bad you want something,i always tell folks do you homework and get the best deal. __________________

Big Joe like's watches and good friends.

Take care and be safe. [ Big Joe ]

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#10 Today, 08:46 AM Join Date: Dec 2009 imawatchgeek

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Quote: Originally Posted by gen09131 This is often what we see on the shop - the price drops over time The question is, if you wait too long, it might be sold out. It is a balancing act john g Exactly... timing is everything.

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Today, 08:57 AM Join Date: Oct 2009 Ed Barclay

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For the most part, the only watches that go up in value every year are the vintage timepieces from 40's70's. Every once in a while, one of the newer watches increases in value, but they're usually not a good investment, as their prices predictably drop.

Ed Barclay View Public Profile Send a private message to Ed Barclay Send email to Ed Barclay Find all posts by Ed Barclay Add Ed Barclay to Your Contacts #12 Today, 08:57 AM Hotspur

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Sometimes my desire to have a particular watch is modified by the thought that watches are something I merely want, not something I need. Cuts down on the rationalization (I deserve this watch right now because....) and usually allows me to "cool down" and wait for a better price. __________________ They all wound - the last one kills (inscribed below a 15th century clock)

Hotspur View Public Profile Send a private message to Hotspur Find all posts by Hotspur Add Hotspur to Your Contacts #13 Today, 09:03 AM Join Date: Sep 2009 battleshipduke

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I like getting good deals but when I see a watch that retails for $4995.95 selling for $795.00 it makes me

think less of the brand.

Brand value and retaining brand value are very important. There is a big difference between what people will pay and what the factory will sell it for. Some brands will lower the value of the watch to match the customer and some brands prefer the customer to raise their value to match the watch. A brand that retains it's value commands respect.

That being said, I'm wearing a watch that retails for $4995.95 that I paid $795.00 for and could not be happier.