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Dcdfinance · 3 January 2017, 01:39 PM

Would an authorized dealer or a trusted seller give more value in a watch? What's the general consensus?

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Masteryacht · 3 January 2017, 01:42 PM

Without a doubt, a trusted seller will offer you more.

Dcdfinance · 3 January 2017, 01:48 PM

Quote:

Originally Posted by Masteryacht

Without a doubt, a trusted seller will offer you more.

Ok you seem certain. Thank you very much.

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droptopman · 3 January 2017, 01:54 PM

Agree with above.
Had good experiences trading with trusted sellers here. Fair value and easy to deal with.

Investr · 3 January 2017, 01:55 PM

Best- Peter Lee on TRF
Worst- Tourneau (they offered me $6000 on a 6 month old 116520 and $4800 on a 6 month old Hulk)

Abdullah71601 · 3 January 2017, 01:57 PM

Depends on the deal. My AD offered more than a well respected trusted seller here for a trade up. YMMV.

ny_yeti · 3 January 2017, 01:58 PM

Quote:

Originally Posted by droptopman

Agree with above.
Had good experiences trading with trusted sellers here. Fair value and easy to deal with.

How does one go about offering a trade? Probably a silly question but I have to learn some how!

droptopman · 3 January 2017, 02:01 PM

Quote:

Originally Posted by ny_yeti

How does one go about offering a trade? Probably a silly question but I have to learn some how!

Just contact them. Usually I am looking to buy another watch and trade one I have. I just email or text them depending on who it is.

Masteryacht · 3 January 2017, 02:02 PM

Quote:

Originally Posted by ny_yeti

How does one go about offering a trade? Probably a silly question but I have to learn some how!

Just call or email and tell them what you have and what you want to trade for.
I have never done a trade, but I have entertained the idea and still am not ruling it out. In my case, DavidSW offered me more than my AD, without even seeing my watch! He was very fair, but keep in mind that they are in the business of making money.

NoVaSubowner · 3 January 2017, 02:04 PM

I have had mixed experiences with the trusted sellers. Best AD buyer I have seen is Govberg.

Dcdfinance · 3 January 2017, 02:07 PM

Quote:

Originally Posted by NoVaSubowner

I have had mixed experiences with the trusted sellers. Best AD buyer I have seen is Govberg.

Govberg only offered me $6000 on my 4 month old Datejust II Dark Rhodium with diamond dial that retails for $11050.00. Bob's Watches the same. You would think it would be worth at least $9k...

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Dcdfinance · 3 January 2017, 02:08 PM

Quote:

Originally Posted by Investr

Best- Peter Lee on TRF
Worst- Tourneau (they offered me $6000 on a 6 month old 116520 and $4800 on a 6 month old Hulk)

What is Peter Lee's contact info?

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T. Ferguson · 3 January 2017, 02:10 PM

If the AD doesn't deal in used watches (many do not) then don't expect much because they will likely wholesale it out themselves, and they want to make a buck on it along the way.

Masteryacht · 3 January 2017, 02:12 PM

Quote:

Originally Posted by T. Ferguson

If the AD doesn't deal in used watches (many do not) then don't expect much because they will likely wholesale it out themselves, and they want to make a buck on it along the way.

This too. Mine doesn't deal much in used watches.

Chewbacca · 3 January 2017, 02:12 PM

Quote:

Originally Posted by Dcdfinance

Would an authorized dealer or a trusted seller give more value in a watch? What's the general consensus?

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depends on the deal structure.

(an outright sale (just buy my watch) to a buyer is NOT a trade-in.)

tvad · 3 January 2017, 02:15 PM

Trading in a watch is giving away money. Sell it yourself here and pocket the extra dollars.

Freshprince357 · 3 January 2017, 02:16 PM

Trusted seller. AD will stick you on some crazy margin. You probably already get that hint though from the above contributed posts. :)

Abdullah71601 · 3 January 2017, 02:17 PM

Quote:

Originally Posted by Dcdfinance

Govberg only offered me $6000 on my 4 month old Datejust II Dark Rhodium with diamond dial that retails for $11050.00. Bob's Watches the same. You would think it would be worth at least $9k...

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Retail $9K, maybe (seems high to me). It's a used watch and you will get used-wholesale pricing from a reseller.

Check the For Sale forum to see what your watch is retailing for, then adjust downward for the reseller's margin. Expect to lose money on the deal. Flipping is almost always at your loss.

rfatm3f · 3 January 2017, 02:19 PM

Quote:

Originally Posted by Dcdfinance

Govberg only offered me $6000 on my 4 month old Datejust II Dark Rhodium with diamond dial that retails for $11050.00. Bob's Watches the same. You would think it would be worth at least $9k...

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You're dreaming if you think you'd get $9k. $6k is a bit low but about what I'd expect for a cash offer from someone with a brick and mortar presence. Ask davidsw for a quote. They're selling on here in the $7k range.

wisguy · 3 January 2017, 02:23 PM

I've dealt with DavidSW in trades and the offers are fair, others around or a bit below in my experience.

But as someone mentioned, flipping in most cases results in a loss, some people are fine with that, others not so much.

Gharddog03 · 3 January 2017, 02:23 PM

DavidSW!

Abdullah71601 · 3 January 2017, 02:23 PM

Here's a current ad in the for sale forum ($7400):

http://www.rolexforums.com/showthrea...ghlight=116334

droptopman · 3 January 2017, 02:28 PM

Unfortunately you almost always take a loss on new products. No different than a car or other good. Usually worse with luxury items.
Part of putting a deal together is to be realistic going in and know the resale market so you go in with knowledge of what is "fair". Generally the only watches I don't lose some $ on are vintage.
I have had plenty of insulting offers over the years but for the most part only deal with a couple of guys these days. One vintage and one modern.
As members say about AD's, establishing a relationship with trusted sellers is similar IMHO.
I don't have access to a good AD in my region so rely on the sellers here to have a relationship with.

Danny83 · 3 January 2017, 02:28 PM

Sell it yourself on the forum

Masteryacht · 3 January 2017, 02:30 PM

Just curious. How is that possible when you are new and have no references, etc?
I've considered it and I know I am honest, but how would I expect someone else to know/trust that?

Dcdfinance · 3 January 2017, 02:34 PM

Quote:

Originally Posted by Masteryacht

Just curious. How is that possible when you are new and have no references, etc?
I've considered it and I know I am honest, but how would I expect someone else to know/trust that?

I agree. I would go to a trusted seller rather than sell myself on the Forum. I do not know how to do that.

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Dcdfinance · 3 January 2017, 02:37 PM

Quote:

Originally Posted by Abdullah71601

Retail $9K, maybe (seems high to me). It's a used watch and you will get used-wholesale pricing from a reseller.

Check the For Sale forum to see what your watch is retailing for, then adjust downward for the reseller's margin. Expect to lose money on the deal. Flipping is almost always at your loss.

Retail on this watch is exactly $11050.00. I see however that the fair market value is hovering around $7k for used on this particular model.

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Watchgeek5000 · 3 January 2017, 02:40 PM

Quote:

Originally Posted by Masteryacht

Just curious. How is that possible when you are new and have no references, etc?
I've considered it and I know I am honest, but how would I expect someone else to know/trust that?

I hate to say it, but if your not a trusted seller it's hard to sell on here at a decent price. They say you can hardly lose money on a Rolex, but trust me you do lose unless you bought pre owned at a great price.

RollLex · 3 January 2017, 02:46 PM

Quote:

Originally Posted by Gharddog03

DavidSW!

Quote:

Originally Posted by Dcdfinance

Govberg only offered me $6000 on my 4 month old Datejust II Dark Rhodium with diamond dial that retails for $11050.00. Bob's Watches the same. You would think it would be worth at least $9k...

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Is Bob's Watches legit?

I am thinking of calling them soon and seeing if they will let my AD verify the purchase that I make.

tvad · 3 January 2017, 02:46 PM

Quote:

Originally Posted by Watchgeek5000

I hate to say it, but if your not a trusted seller it's hard to sell on here at a decent price.

Not in my experience.

It's all about the qualifications/feedback you can bring from other selling sites and how well you communicate with your prospective buyer.

If you don't have any selling feedback from any other sites, then it will be more difficult to sell here, but considering the amount of money that will be left on the table in a trade, isn't it worth the effort to try and sell it yourself first?

3 January 2017, 01:39 PM	#1
Dcdfinance "TRF" Member Join Date: Jul 2016 Location: NH Watch: Reference 116334 Posts: 118	Who gives better resale offers?? Would an authorized dealer or a trusted seller give more value in a watch? What's the general consensus? Sent from my Aster using Tapatalk

3 January 2017, 01:54 PM	#4
droptopman "TRF" Member Join Date: Jun 2015 Real Name: Mark Location: Washington State Watch: SUBS and GMT's! Posts: 9,664	Agree with above. Had good experiences trading with trusted sellers here. Fair value and easy to deal with. __________________ Judge Smails: Ty, what did you shoot today? Ty: Oh, Judge, I don't keep score. Judge Smails: Then how do you measure yourself with other golfers? Ty: By height.

3 January 2017, 02:10 PM	#13
T. Ferguson "TRF" Member Join Date: Oct 2012 Location: Left Coast Posts: 7,025	If the AD doesn't deal in used watches (many do not) then don't expect much because they will likely wholesale it out themselves, and they want to make a buck on it along the way. __________________ *Some days it's just not worth chewing through the restraints.*

3 January 2017, 02:23 PM	#20
wisguy "TRF" Member Join Date: Apr 2010 Location: Earth Posts: 2,406	I've dealt with DavidSW in trades and the offers are fair, others around or a bit below in my experience. But as someone mentioned, flipping in most cases results in a loss, some people are fine with that, others not so much. __________________ 5230G / 5146G / 124060 / BB58 / '59 Constellation

3 January 2017, 02:28 PM	#23
droptopman "TRF" Member Join Date: Jun 2015 Real Name: Mark Location: Washington State Watch: SUBS and GMT's! Posts: 9,664	Unfortunately you almost always take a loss on new products. No different than a car or other good. Usually worse with luxury items. Part of putting a deal together is to be realistic going in and know the resale market so you go in with knowledge of what is "fair". Generally the only watches I don't lose some $ on are vintage. I have had plenty of insulting offers over the years but for the most part only deal with a couple of guys these days. One vintage and one modern. As members say about AD's, establishing a relationship with trusted sellers is similar IMHO. I don't have access to a good AD in my region so rely on the sellers here to have a relationship with. __________________ Judge Smails: Ty, what did you shoot today? Ty: Oh, Judge, I don't keep score. Judge Smails: Then how do you measure yourself with other golfers? Ty: By height.

3 January 2017, 01:42 PM	#2
Masteryacht "TRF" Member Join Date: Jul 2016 Location: USA Watch: 16622,BLNR,116500 Posts: 975	Without a doubt, a trusted seller will offer you more.

3 January 2017, 01:55 PM	#5
Investr Banned Join Date: Dec 2010 Real Name: Rick Location: LSU Watch: Constantly changes Posts: 3,815	Best- Peter Lee on TRF Worst- Tourneau (they offered me $6000 on a 6 month old 116520 and $4800 on a 6 month old Hulk)

3 January 2017, 01:57 PM	#6
Abdullah71601 Banned Join Date: Aug 2014 Location: Calumet Harbor Watch: ing da Bears Posts: 13,568	Depends on the deal. My AD offered more than a well respected trusted seller here for a trade up. YMMV.

3 January 2017, 02:04 PM	#10
NoVaSubowner "TRF" Member Join Date: Oct 2012 Location: Alexandria, VA Watch: Love them. Posts: 1,087	I have had mixed experiences with the trusted sellers. Best AD buyer I have seen is Govberg.

3 January 2017, 02:15 PM	#16
tvad "TRF" Member Join Date: Aug 2016 Location: Los Angeles, CA Posts: 575	Trading in a watch is giving away money. Sell it yourself here and pocket the extra dollars.

3 January 2017, 02:16 PM	#17
Freshprince357 Banned Join Date: Dec 2016 Real Name: Cal Location: Philadelphia Watch: Audemars Piguet Ro Posts: 440	Trusted seller. AD will stick you on some crazy margin. You probably already get that hint though from the above contributed posts. :)

3 January 2017, 02:23 PM	#21
Gharddog03 "TRF" Member Join Date: Dec 2009 Real Name: Genaro Location: Fresno Ca. Watch: R O L E X Posts: 4,466	DavidSW!

3 January 2017, 02:28 PM	#24
Danny83 2024 ROLEX DATEJUST41 Pledge Member Join Date: Sep 2013 Real Name: Danny Location: Bay Area CA Watch: Yellow Gold Posts: 20,176	Sell it yourself on the forum

3 January 2017, 02:30 PM	#25
Masteryacht "TRF" Member Join Date: Jul 2016 Location: USA Watch: 16622,BLNR,116500 Posts: 975	Just curious. How is that possible when you are new and have no references, etc? I've considered it and I know I am honest, but how would I expect someone else to know/trust that?

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