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turnipex · 6 September 2014, 10:05 PM

So this a general question about trade in value vs sales
Value.

First let's makes some assumptions.

Rolex
Great to excellent condition. No major drinks, scratches etc
Has no service History. But generally
Good condition

Let's say retail second hand of approx $3000 avg.

So what would be a good trade in value?

brandrea · 6 September 2014, 10:07 PM

What model are you talking about?

turnipex · 6 September 2014, 10:12 PM

Ref 15053 R serial....but really just trying to understand what a fair trade in price would be in general, ie
would it be 80% of second hand retail?

brandrea · 6 September 2014, 10:14 PM

It's very subjective, but IMO you'd be looking at about 50% of retail

GolfPunk · 6 September 2014, 10:15 PM

It would vastly depend on the model, ie, a stainless steel Daytona may even command 100% of the average, whereas a TT datejust with diamonds might get you 70% of average trade value, it's down to model desirability and how the buyer sees his resale chances and value.

TimeToGo · 6 September 2014, 10:15 PM

Welcome to the Forum!

It is all relative to what you are buying, from whom, and at what price?

Are you buying a much more expensive watch from a dealer at Retail? Then you would most likely get the $3k, but getting no discount on the other end.

If you have a watch that is worth $3k, they will not give you a straight up trade...

It is hard to speculate..

turnipex · 6 September 2014, 10:17 PM

Ok, 50% of retail new or 50% off the retail second hand price?

Thanks btw :)

turnipex · 6 September 2014, 10:18 PM

Awesome!..thanks for the info :)

THC · 6 September 2014, 11:42 PM

R serial dates to 1987 ish.... Trading in,means the buyer will need to resell it at a profit so you will get less, whereas an individual buyer wants the watch for their own and you could get more for it, but it normally takes longer to unload.

azguy · 6 September 2014, 11:44 PM

50% off the 2nd hand retail price

REDiesel · 7 September 2014, 12:16 AM

There are some online dealers like Bobs watches that advertize buy and sell prices. You may get closer to retail listing it in for sale here. I bought a 16570 from a member upgarding to a 216570; we both got a good deal

.

slashd0t · 7 September 2014, 01:17 AM

You'll always get screwed on a trade to a retailer... I don't understand why anyone would do this..

6 September 2014, 10:05 PM	#1
turnipex "TRF" Member Join Date: Jul 2014 Location: Brisbane, Aust Watch: My Sub no date :) Posts: 30	What's a good trade in price? So this a general question about trade in value vs sales Value. First let's makes some assumptions. Rolex Great to excellent condition. No major drinks, scratches etc Has no service History. But generally Good condition Let's say retail second hand of approx $3000 avg. So what would be a good trade in value?

6 September 2014, 10:15 PM	#5
GolfPunk "TRF" Member Join Date: Dec 2010 Real Name: Gary Location: UK Watch: WG Daytona Posts: 4,395	What's a good trade in price? It would vastly depend on the model, ie, a stainless steel Daytona may even command 100% of the average, whereas a TT datejust with diamonds might get you 70% of average trade value, it's down to model desirability and how the buyer sees his resale chances and value. __________________ ♕ Rolex DateJust 1601 Buckley Birth Year 1972 ♕ Breitling Chronomat 47 mm GMT Limited

7 September 2014, 01:17 AM	#12
slashd0t "TRF" Member Join Date: Jul 2011 Real Name: Jamie Location: Edmonton, AB Watch: This & That Posts: 771	You'll always get screwed on a trade to a retailer... I don't understand why anyone would do this.. __________________ /.

6 September 2014, 10:07 PM	#2
brandrea 2024 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 74,261	What model are you talking about?

6 September 2014, 10:12 PM	#3
turnipex "TRF" Member Join Date: Jul 2014 Location: Brisbane, Aust Watch: My Sub no date :) Posts: 30	Ref 15053 R serial....but really just trying to understand what a fair trade in price would be in general, ie would it be 80% of second hand retail?

6 September 2014, 10:14 PM	#4
brandrea 2024 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 74,261	It's very subjective, but IMO you'd be looking at about 50% of retail

6 September 2014, 10:15 PM	#6
TimeToGo 2024 ROLEX DATEJUST41 Pledge Member Join Date: Sep 2008 Location: North Florida Posts: 16,618	Welcome to the Forum! It is all relative to what you are buying, from whom, and at what price? Are you buying a much more expensive watch from a dealer at Retail? Then you would most likely get the $3k, but getting no discount on the other end. If you have a watch that is worth $3k, they will not give you a straight up trade... It is hard to speculate..

6 September 2014, 10:17 PM	#7
turnipex "TRF" Member Join Date: Jul 2014 Location: Brisbane, Aust Watch: My Sub no date :) Posts: 30	Ok, 50% of retail new or 50% off the retail second hand price? Thanks btw :)

6 September 2014, 10:18 PM	#8
turnipex "TRF" Member Join Date: Jul 2014 Location: Brisbane, Aust Watch: My Sub no date :) Posts: 30	Awesome!..thanks for the info :)

6 September 2014, 11:42 PM	#9
THC 2024 ROLEX DATEJUST41 Pledge Member Join Date: Jun 2013 Real Name: Tom Location: Mandeville La Watch: 16610M Posts: 10,515	R serial dates to 1987 ish.... Trading in,means the buyer will need to resell it at a profit so you will get less, whereas an individual buyer wants the watch for their own and you could get more for it, but it normally takes longer to unload.

6 September 2014, 11:44 PM	#10
azguy Banned Join Date: Sep 2011 Real Name: ------- Location: ------- Watch: --------- Posts: 12,609	50% off the 2nd hand retail price

7 September 2014, 12:16 AM	#11
REDiesel "TRF" Member Join Date: May 2014 Location: USA Watch: GV 18038 DJ Smurf Posts: 625	There are some online dealers like Bobs watches that advertize buy and sell prices. You may get closer to retail listing it in for sale here. I bought a 16570 from a member upgarding to a 216570; we both got a good deal .

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