Nice Car or watches?

[Trinidad]

Bro, same goes to me. The depreciation of a car is equivalent to throwing away a new Sub or Batman After all, cars in Singapore is on valid for 10 years before COE expired. There are no expiry date for watches as long as you maintain & exercise good care. It may become better price for vintage watch

Wah you like say, my heart a bit pain leh....

[andrewongcw]

Both if can afford. If not, watch will be more practical in Singapore. You can buy a new Rolex every year if you ditch your car

[lawser]

it is very tough to compare car with watches. It is of totally different purpose and price bracket.

[jo84]

Nice watch to match the nice ride for sure.

[cygnus007]

Im going for watches all the wayyy, currently colelcting Panerais Special Editions

[PomChatChat]

Get a decent car first, then save up for a nicer watch. People will sat you're wearing fake if they are jealous, but you can't fake a car. Haha.

[iewnehz]

watches doesnt depreciate that much

[Signmen]

Guys,

Whenever I think of changing my ride, I keep measuring the depreciation against another watch that I can own. Hence I have constantly scraped the idea of getting a nicer car.

Do any of you have this dilemma? Example a Merc has around 15-20 k depreciation per year dependent on how long you hold onto it.

Thoughts?

Ads

Bro, same goes to me. The depreciation of a car is equivalent to throwing away a new Sub or Batman After all, cars in Singapore is on valid for 10 years before COE expired. There are no expiry date for watches as long as you maintain & exercise good care. It may become better price for vintage watch

[Fran]

For me Car then nice watches

[Joelo]

Definitely both. Nice car AND nice watches. Lol

[ThirtyEight]

Definitely nice car then nice watch! 😁

[fattchoywong]

i think everyone needs to recognise that they are both stupid investments. to mention depreciation in the same breath as cars/watches will only cause heartache.

however, i do have some tots on this - let me put it this way - i don't wanna be:
(1) wearing an AP on the bus/driving an old japanese car
(2) wearing a casio while driving a merc

all things in life must be balanced. suggest you go temple and reflect on how to spend your money wisely.

[Trinidad]

Hmmm, I have decent job and lifestyle and am trying my best to convince myself to spend the $$$ on a Rolex. Not easy. I lived with a tag for 20 years till it died.

Bro, think of itthis way.
If you got a Rolex then, it wont die on you and probably worth more today.

I know cos my first Rolex was a Subdate back in 98 when it was still fairly rare on a twentysomething yr old fella.

I still wear it today although i hv more than a dozen more.
So go for one you like, today!

[kroby]

In Singapore, cars are probably the worst way to spend your money (assuming you're ultra-rich). Watch can usually keep up to 60% of the residual value, while cars fully depreciate (other than the PARF value).

[penyekz]

Not weird.

Rolex is affordable by most who have a decent job and lifestyle.
Maybe take a few months to save to buy for some people but it is a small ticket item with little further maintenance.

Hmmm, I have decent job and lifestyle and am trying my best to convince myself to spend the $$$ on a Rolex. Not easy. I lived with a tag for 20 years till it died.