Are Omega getting too expensive

Taddyangle

And the vintage/second hand market too. It was 5-6 years ago you could buy various used Limited Edition Speedmaster watches for $3,000 - $4,000 USD. Now they are more than double that price.

I will need to purchaser a Speedmaster for my Speedmaster Decades Collection, but fortunately I have another 9 years to save, because the prices seem out of control.

Taddyangle

And the vintage/second hand market too. It was 5-6 years ago you could buy various used Limited Edition Speedmaster watches for $3,000 - $4,000 USD. Now they are more than double that price.

I will need to purchaser a Speedmaster for my Speedmaster Decades Collection, but fortunately I have another 9 years to save, because the prices seem out of control.

Albe100

Quebec has one of the highest taxes, you pay 15% between GST and the PST

UCZ_15

I'm scared that by the time Omega have figured out a way to make their co-axial movement thin and make their watches appropriately sized for a smaller wrist - they will be crazy expensive.

For mass produced common Omega models, Chrono24 is your friend. A buddy of mine just got a grey SMPc with the blue bezel on the blue rubber for £2,800 (£4,150 MSRP) off of there. Watch was 6 months old and looked barely worn. Gotta take advantage of that depreciation they go through. I recently sold my white dial Seamaster diver for £3,100 (£4,450 MSRP). It was less than a month old. If you're talking modern Omega, you can still get them for a reasonable amount. Forget the Omega boutique and no-discount-pricing.

Chef40

What’s the gold one 3rd from left?

Archer

Or in other words, by about 2800 kms...

🤦

speedytoronto

I'm very glad that I purchased my Speedmaster Hesalite in April 2019 from a local AD when I could still afford it. Out the door with taxes I paid $5350 CDN. I'd always planned on purchasing a second Omega, probably a Seamaster 300M (although I dislike the thickness on my skinny wrists but that's another story). With the way prices are going I can almost certainly say that I can no longer justify a new Omega from an AD/OB. Even used prices are getting silly on standard fair like AQ Skyfall, 2254's and the like. I may buy a 2503.52 Railmaster as my allrounder beater/water proof watch and call it a day. Omega is going the wrong way imho if they are at all interested in the North American/European market. $7K CDN for a bog standard Seamaster is crazy when I could have bought it for just over $5K tax in last April..

C Cod Holliday

Only us Canadians got the joke 😁

Albe100

The one thing with this, is that your freight, customs, etc is usually being charged to the retailer, which eats into the margin you mention and swings the pendulum back the other way. I know this to be the case for clothing, amd would assume it would apply to watches as well.

speedytoronto

I'm very glad that I purchased my Speedmaster Hesalite in April 2019 from a local AD when I could still afford it. Out the door with taxes I paid $5350 CDN. I'd always planned on purchasing a second Omega, probably a Seamaster 300M (although I dislike the thickness on my skinny wrists but that's another story).

C Cod Holliday

Agreed and I second that notion.

However, they seem to be doing better with current pricing as demand is rising so I doubt they are going to retract.

rudagger

CAD 5378.80 including 13% HST for my Hesalite Speedmaster in Dec 2018.

I wavered between a 41 mm Seamaster 300M and the Speedmaster. The new 42mm Seamaster was too big for me. I still think about the 41 mm Seamaster. Nice watch!

speedytoronto

I was in exactly the same boat as you. Was set to buy the previous gen 300M in blue but wasn’t 100% committed as I found the dial a bit plain. Pivoted to the Speedmaster and bought into the whole moonwatch mythology. Don’t regret it but do want a diver and still think about that blue 300M. The new watch is simply too thick/big for me although I’ve tried it on so many times to convince myself to go for it!!