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Hobbies & Interests
Watches / Timepieces
Rolex AD markup 40% ?
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<blockquote data-quote="TANSTAAFL" data-source="post: 4220123" data-attributes="member: 27098"><p>Dave Ramsey would say when you have no debt save up and buy one used (and end up paying much, much more.) Many used Rolexes go for well over MSRP. I do like most if his messages but at times there are much better ways, and he is not an expert on everything. Most AD's have 0% for 12 months (he'd say no to that), even now. If you have money in the bank for it, why not.</p><p></p><p>As for stupid buying a Rolex new from an AD, if I could get 10 Daytona's or more in stainless I'd do it. Spend $15,200 on each one and sell fast for 20k to 22k per watch.</p></blockquote><p></p>
[QUOTE="TANSTAAFL, post: 4220123, member: 27098"] Dave Ramsey would say when you have no debt save up and buy one used (and end up paying much, much more.) Many used Rolexes go for well over MSRP. I do like most if his messages but at times there are much better ways, and he is not an expert on everything. Most AD's have 0% for 12 months (he'd say no to that), even now. If you have money in the bank for it, why not. As for stupid buying a Rolex new from an AD, if I could get 10 Daytona's or more in stainless I'd do it. Spend $15,200 on each one and sell fast for 20k to 22k per watch. [/QUOTE]
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