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I dunno about that - I agree that most will still go over RRP but if you buy get then I think you will struggle to get your money back (and that’s before taking inhalation into account). These are the (admittedly useless) price tracker graphs from chrono24 for the Sub no date, Pepsi and Daytona (model number picked at random!):
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That’s what a correction looks like. I’m talking about buying at retail. Steel Rolex is pretty much the only thing that has, over time, consistently demonstrated that it can hold its value from new and it’s still doing that.
Speculation / investment / hype stuff is a totally separate discussion. I wouldn’t get involved in any of that, especially in the current market conditions.
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Went into Broadgate Rolex AD a few weeks ago, to put my name down on the list for a Rolex explorer for my 40th next July, for a laugh I also put my name down for the two tone explorer to see how quickly they came up given their frankly extortionate markup over the steel explorer, 3 weeks later I get the call for the two tone 😂 which suggests they not in very high demand, am on holiday so was easy to turn down the two tone, also checked resale and looks like the depreciate pretty fast. So guessing holding value Rolex argument probably only works for the steel models. Saying all that was surprised how nice the two tone explorer is in person, but yeah no way I’m paying that much of a markup over the steel version.
Regal
olibob
It does for pretty much every steel Rolex except the Explorer, and even then they're more or less holding their value, they're just not appreciating.