OK guys,
I figured there are some smart experienced people on this forum. I wanted to run my situation by you. My wife JUST finally gave me the OK to buy a gen Panerai (finance). But the source I wanted to use for financing would only give me 2500. Which is obviously not going to cover it. I do have a jeweler I use regularly for other watches I have bought (breitling,Tag, Rolex) and have $8k available with them. BUT they don't carry panerai. I am not allowed to open a new line of credit. I have been kicking around the idea of buying a new Rolex (1 yr interest free) on my 8k line, never taking it out of the box and turning around and selling it for maybe a small loss. Taking that cash and buying the PAM I want. What do you guys think? Is this crazy? I have wanted a GEN PAM for so long. I am sooooo close.
Thanks
Luke