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Lokistale
Ole Miss Fan
Member since Aug 2013
794 posts

re: Whats the point of buying a Rolex?
The answer to your question is because you can... Same with driving a car: a Ford and a Jaguar will get you from point A to Point B the same, but a Jag can be 5-10 times more $$ than a Ford.

Rolex watches are classic, excellent craftsmanship, and durable... I have a simple Datejust stainless steel, simple everyday wear watch.

There are, however, some Rolex watches that are too bling'ed out that looked a little silly. My uncle has an 18K yellow-gold Rolex with diamonds around the bezel... So ostentatious that it looked fake and the thing is so heavy to be practical.


Dead Man Walking
Harvard Fan
Member since Mar 2019
803 posts

re: Whats the point of buying a Rolex?


BBONDS25
LSU Fan
Member since Mar 2008
35801 posts

re: Whats the point of buying a Rolex?
quote:

I'm not poor. I just understand there are somethings you can buy and somethings you c


What else can’t we buy comrade?


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20
LCA131
Appalachian St. Fan
Home of the Fake Sig lines
Member since Feb 2008
57853 posts

re: Whats the point of buying a Rolex?
quote:

What's the point of wearing anything but sweats or driving cars that aren't base model toyotas?


Terrible analogy.



Gaston
LSU Fan
Dirty Coast
Member since Aug 2008
29144 posts
 Online 

re: Whats the point of buying a Rolex?


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07
NYCAuburn
Auburn Fan
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
51231 posts

re: Whats the point of buying a Rolex?
quote:

Not quite, sir. Not quite.


Ah, so just trying to show off. You probably dont buy your cloths from Walmart or Goodwill either, show off....


Mr. Hangover
Hawaii Fan
New Orleans
Member since Sep 2003
27816 posts

re: Whats the point of buying a Rolex?
Mines is platinum homie


NYCAuburn
Auburn Fan
TD Platinum Membership/SECr Sheriff
Member since Feb 2011
51231 posts

re: Whats the point of buying a Rolex?
quote:

Terrible analogy.


Not at all, that is what is being presented. Whats the point of buying something that cost more when there are cheaper options
This post was edited on 5/9 at 2:25 pm


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31
Jake_LaMotta
Alabama Fan
Coral Gables
Member since Sep 2017
5700 posts

re: Whats the point of buying a Rolex?
Why single out Rolex? What is the point of buying anything other than a $50 Casio? No need for a Seiko either.


Dead Man Walking
Harvard Fan
Member since Mar 2019
803 posts

re: Whats the point of buying a Rolex?
quote:

Mines is platinum homie
Still a nice gift.


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00
btnetigers
LSU Fan
South Louisiana
Member since Aug 2015
1740 posts

re: Whats the point of buying a Rolex?
quote:

Ah, so just trying to show off. You probably dont buy your cloths from Walmart or Goodwill either, show off....


Not at all. My point is that I don't care what you spend your money on at all - I just can't fathom spending $10K on a watch. There's a lot of shite that I can think of spending $10K on other than a watch. And simply - that I don't use public transportation.





Cymry Teigr
Member since Sep 2012
193 posts

re: Whats the point of buying a Rolex?
My Rolex has been on my wrist just about every day for the last 35 years. It’s by far the longest lasting item I’ve owned that I use every day. And it is still as accurate today as it was when I first acquired it.

The only times it has been off my wrist was when I succeeded in shattering the custom stone dial and it had to go back to Switzerland to be repaired and when I sent it to a well known jeweler in Hong Kong to have the band tightened.

Do I need it absolutely not, but in terms of value for money considering the duration, I think it’s a long step ahead of your smartwatch that will probably be rendered obsolete by an Apple iOS update well before it reaches 35 years.



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103
Mootsman
South Carolina Fan
Charlotte, NC
Member since Oct 2012
5085 posts
 Online 

re: Whats the point of buying a Rolex?
To have something to fork over when you're getting held up at gunpoint in the french quarter.


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40
yellowfin
Chicago Cubs Fan
Coastal Bar
Member since May 2006
92136 posts

re: Whats the point of buying a Rolex?
Isn’t wearing a watch a safety violation down at the plant baw? Some things have value to professionals that you blue collar people will never understand.


BigPapiDoesItAgain
LSU Fan
Shreveport
Member since Nov 2009
1252 posts

re: Whats the point of buying a Rolex?
Certain ones are portfolio pieces, especially stainless steel professional models (Sumariner/Seadweller family, GMTs, Daytonas) these days. If you are fortunate enough to walk into a dealer, see one and have them sell it to you, you may very well have instant equity, depending upon the reference. If you have a connection at an out of state dealer that you've purchased from before, you may even be able to acquire one without sales tax, and you have even more pronounced instant equity. With your garden variety datejusts, oyster perps, day dates, etc the buyer will take a depreciation hit, then stabilize and hold value quite handily compared to other brands.

Take for instance a simple stainless steel 16610 submariner date - say you purchased one 30 years ago it would've cost you about $1800 - reasonably cared for can easily bring $7500 and up and it's not even be hard to find a buyer. That handily out paces inflation, and that's just one example.

And I do understand that a cellphone, computer etc tells time with near perfect accuracy and precision, but in a few years these things will be sitting in a landfill somewhere as opposed to being passed down to someone.

There are not many luxury watches that can be investment pieces, and even fewer brands where non-precious metal models or models without intricate complications can be a decent part of one's portfolio, but Rolex is a brand that actually can achieve this, but like anything else, it does require some knowledge of what one is getting into.


skinny domino
LSU Fan
sebr
Member since Feb 2007
12787 posts
 Online 

re: Whats the point of buying a Rolex?
quote:

Rolex's are a bit north of $500.
yep, bigly


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10
HeLeakin
Texas A&M Fan
Member since May 2014
1237 posts

re: Whats the point of buying a Rolex?
So you can tell which rich OT-er has a wife at home getting the BBC.


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14
Sgt_Lincoln_Osiris
LSU Fan
The Dirty Dell
Member since Dec 2014
758 posts

re: Whats the point of buying a Rolex?
It is a fine watch no doubt, but you are paying for the status symbol. Other brands make similar quality at a lower price point, but they do not fetch a premium or advertise at the rate that Rolex does.

Watch a major golf or tennis tournament on tv or a sailing event. You will see Rolex plastered all over.


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10
MLCLyons
Member since Nov 2012
3318 posts

re: Whats the point of buying a Rolex?
Rolex is about brand recognition and nothing more. There are better watches on the market.


MLCLyons
Member since Nov 2012
3318 posts

re: Whats the point of buying a Rolex?
quote:

Rolex's are a bit north of $500.


which is more than $500. I think OP is saying $500 seems like the ceiling for buying a watch not the price of a Rolex.


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