Sam Leong is indeed smart to see through the so called "appreciating value" of Rolex.
SEIKO is the only watch from Japan that is truely made in Japan. Fromtheir cheapest quartz models to the Spring Drive, all are from Japan. Citizen, Casio are not true Japanese watches.
Seiko is the only brand that offers true value for money....bang for your bucks. They have models for everyone, including the super rich.
The Swiss watch makers are all very afraid of Seiko.
I disagree with those that say Tag is no good.
They are rebranding.
Rolex is way over valued. The cost price of a normal Rolex is 1/10th of their selling price to you.
As for 2nd hand watches, buy at your own risk. You are enriching the 2nd hand watch dealers. Unlike cars, you cannot tell what's inside. Very good fake movements are the norm nowadays.
BTW, many 2nd hand Rolex dealers drive very expensive cars.........thanks to all the wanabees that think wearing a Rolex on the wrist means they have made it. IDIOTS!