Is it the best time to buy your Rolex now?

Many people told me let’s wait to see the bottom of the price drop of Rolex to buy.

There is no way to predict the bottom price at all. As no one knows how much HSBC share price would go down to.  Or when it will hits $80.00 per share?

There is always possibility to have further drops, all depends on many factors that is out of our control.

There are people who would:-

1. Wait until he can get Daytona 116500 at SRP. I think you may have to wait for years under current waiting list.

Certain Jeweler store Chow XX asks to buy an One Carat Diamond about HK$70,000  to get a Submariner or Batgirl at SPR,  unless you need that diamond for certain purpose, I don’t.

2.There is a of of financial strong dealer buying Rolex now and most of the stock left for those Chinese Visitors are almost sold out in this March-April. We we could buy Explorer II White at SRP $64,700 last week, this is the price has been up by $2,000. Meaning large portion of stock has been consumed.

3. If you are a newbie for Rolex, I think it is good time to buy now. As once when the lock down is cancelled after 23 April, there may have foreign and Chinese Visitor coming to purge all Rolex Hot cakes. Price will be up again.

4. These are my ten cents opinion only, just for your reference. You may have another idea and we can share it under blog comment or talk to me via Whatsapp.

HK Snob