Quote:
Originally Posted by peterg1965
Not all Rolex watches hold their value that well. My 16610 steel sub date was £2120 new 8 years ago. I traded it with the same dealer last October for £1700 against a TT 16613 Gold/Steel blue sub date. Assuming zero discount on the 16613 I 'lost' £420 in 8 years. Not bad I suppose, seeing as the watch needed a service, never having had one before. The AD has it in the window for exactly the same price I paid 8 years ago and he has had it serviced by Rolex. The new one was over £4K and I am hoping it will maintain a similar value although I have no intention of selling it.
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A TAG would have been worth half. Thats still only 20%, not bad!!!
My present TAG was £620 new in '97, and is now worth approx £250-£300(but more to me), but the new equivalent model, I think, is £800ish.