Was emailed today from an AD that Omega are increasing their prices on 1/3 guess just in time for the supposed new announcements on the 5/3.
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Was emailed today from an AD that Omega are increasing their prices on 1/3 guess just in time for the supposed new announcements on the 5/3.
Sent from my iPhone using TZ-UK mobile app
I thought you’d said they had increased by a third…😳
I've been watching some Omegas sales one eBay with a view to adding a speedmaster. They go for around 50% of retail and how other models are performing I just can't see how Omega can justify another price increase.
I suspect it is a way of ratcheting up the price of existing stock so that when they launch the white dial Speedy then can do so at around or slightly above the level of the sapphire sandwich model which by then will be at circa £8K.
I mean £6.6k for standard speedmaster pro is daylight robbery.
£7.5k for the sapphire sandwich currently and there’s an immaculate looking 2022 from a forum good guy sat on SC at £4.6k not yet sold.
I’d be interested to know if the margins levels are remaining the same once the price rise has been applied.
That Speedy on SC is a great price. Crazy to think it’s probably a £8k watch soon. When I owned one at near £6k I didn’t think it felt a £6k watch. Crazy that I want one again
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I missed the boat when they were affordable, cannot see the value in the SM currently as for me it’s a sub £3k watch.
In terms of product I’d benchmark Omega with Tudor.
Can not see the justification for the price difference.
Ffs here we go again omega, btw Tudor is not a match to omega in my opinion
Yep it's nuts. And yet you can still buy a 3313 movement Broad Arrow Sapphire Sandwich model which uses the same case as the Pro (and a rather more upmarket movement) for less than £3K all day long. Those are starting to look like good value, the Moonwatch in all its forms much less so.
Not really. There's a lot that goes into building a watch than the materials. The brand mainly. I have no issue with that aspect but just comparing this to other similar watches in its categories and it just lacks.
I sometimes think that Omega are lazy with the Speedmaster pro. Get an automatic movement in the model and maybe try something new rather than adding £3k for a Snoopy picture.
Two watch brands that spend a lot on marketing and have big brands. People are going to benchmark watches and this is a fair comparison. You could compare a speedmaster to a Daytona could you? Or to a chronomaster?
Compare it to who you like Brietling, TAG Heuer. The standard Speedmaster Pro is terrible value.
The point is that Omega use to have solid residuals and now they are around 50% of their RRP in a lot of cases.
Comparing a Tudor Chrono to a Speedmaster is a bit like comparing a Passat to an E Class I think.
Same category yes but different tier.
Keep up. Omega have offered about 5 different kinds of automatic Speedmaster (in the Moonwatch case and similar) and have been doing so since around 1985. The fact is the manual wind version outsells all of these by many multiples so they tend to give up and try again after a break with a new design. There are several automatic Speedmaster designs available right now if you care to look. I notice you name checked Zenith earlier (though I had to lookup chronmaster its true). Now there is a fine example of a brand with poor residuals!
Can you show me the automatic movement speedmaster professional? It would be something I would be interested in buying.
My argument was around the Speedmaster Professional being over priced but I do think a speedmaster 57 at £9k would be too.
My point with Zenith was the quality of watch you get in the chronomaster in comparison to the speedmasters. It was more to say the Speedmaster pro range is closer to Tudor than Zenith in this regards.
I would say the Tudor is halfway between everything else and Omega.
The Tudor has a movement shared by Breitling and Cartier and isn’t even given back to you after service. Instead a floater movement is used and your old movement is serviced later on and given to someone else. You can’t have a system like that and have the two at the same level.
I would have another Tudor before I’d another Omega but that’s personal preference.
Here's a used sm300 white dial for smidge over 3k
https://www.pragnell.co.uk/pre-owned...300m_2365312-p
Cheap watch for someone I think
there are some amazing deals there! Recent OEM prices were bonkers - now 5-6% more so.
I really like
https://www.pragnell.co.uk/images/or...07014c7a7b.jpg
I think a new Speedy is poor value for money now. I've owned several and I always felt like it was quite a basic watch compared to other chronographs like the Navitimer.
I think there a lot of missing the point posted above.
Can you name me a list of more iconic watches than the Speedy Pro?
If other of the top brands made an authentic remake of their most iconic models they’d likely sell them for a lot more.
It wasn’t long ago we could buy Rolex at 20-25% off list for a recent watch; but the fact Omega are selling for something like their RRP of 5 years ago seems like a big deal to some.
Id agree that Omega are pushing their pricing way above where I would like it to be, but they are obviously selling watches, even in this changing economy.
I don't think the point is being missed. We are talking about prices of watches and another increase in Omega price (again). I have focussed in on the Speedy Pro because I think at £7k it is insanely expensive for what you get. I don't think this is the case with the Seamasters as much.
No one is saying that the Speedmaster isn't a great watch or an iconic watch but the fact that the list will be £7k for a watch that can be picked up for around half that shows Omega have gone to far.
I mean look at the silly White Gold Speedmaster at £50k plus. It's just insane pricing.
Moreover, it’s the hell of the watch. Super reliable and in its 3861 iteration has almost quartz accuracy.
https://uploads.tapatalk-cdn.com/202...664b78ef9b.jpg
I was at the Omega Boutique London Liverpool Street today. They said the price rise next month is for precious metals only but stainless steel models will follow.
I had an email from WoS saying Zenith & Hublot prices will be rising on March 1st and Omega on 5th March.
Tag due a 6% increase shortly soon as well
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Sorry for the delay was OTP watching the rugby most of yesterday. Granted the Grail is a bit pricey but the others are not. As you infer, there are also 2 register designs and the other smaller 7750 based stuff 2 but these are most like the Pro
https://i.imgur.com/wBYbvRY.jpg
https://i.imgur.com/XEOuG5x.jpg
https://i.imgur.com/DBqdV35.jpg
https://i.imgur.com/rB4FFj8.jpg
https://i.imgur.com/XWcLHmH.jpg
https://i.imgur.com/UV0WRTx.jpg
Maybe it was but I just think the way it approached it was a bit rude. Telling me to keep up, like I wasn't aware omega had made an automatic chronograph.
It all came from my view that the standard Speedmaster Pro was overpriced and I think pushing £7k retail for these is mental. I would like to see omega do something different like add a similar movement to the 57 or maybe the ceramic bezel from the 321 rather than just keep increasing the price.
I have just had a look at completed listings on eBay and it looks like the previous (big box versions) sells for around £3.5k whilst the current version goes for about £1k more making it more like 70% of retail.
I have the big box version and at £3,500 it’s worth more than I paid for it so the residuals aren’t as bad as you are making out.