But there is no recessionIn a recession, luxury goods are usually the first one that gets hit the most.
But there is no recessionIn a recession, luxury goods are usually the first one that gets hit the most.
Cat is out of the bag. Even if you only make $500 on top of the retail price, people will still keep flipping. Right now on Rolex sports models it's borderline. If you factor in taxes, there could easily be some models that will not net you a profit.I wonder if this will lead to that popular gen watches actually will be available to buy at AD’s at RSP
Yeah its going to be really interesting to follow the price developmentCat is out of the bag. Even if you only make $500 on top of the retail price, people will still keep flipping. Right now on Rolex sports models it's borderline. If you factor in taxes, there could easily be some models that will not net you a profit.
what do you think had changed?Rep market has definitely cooled. I tried to sell a VSF pre-raid bluesy sub like new at $425 and no takers............ That would have been gone in a few hours a year ago.