ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
26 May 2019, 01:20 AM | #1 |
"TRF" Member
Join Date: May 2019
Location: Northern Virginia
Watch: The next one
Posts: 165
|
First Rolex: Struck out at my first attempt to buy
I had set up a face-to-face with a very reputable seller in my local area to buy a pre-owned. Super nice guy and it was an absolute pleasure to meet him and talk to him about watches, family, living in the same area, etc.
I have been saving for sometime to buy my first Rolex and really want a 116200 Datejust, oyster band, and romans. This one he had for sale was just what I wanted. It was beautiful. His advertised price was $4700 (z-serial, about 2007) and my offer was my maximum of $4400 cash. The lowest he would go is $4600. There was no deal and I was saddened to leave empty handed with a bare wrist. Not knowing anything about buying a pre-owned Rolex, I was hoping to get some advice. I suppose I should either save a few hundred more or move on and wait for something else to come along. I know many of you will likely say save up thousands more and buy new from the AD, but I just don't know that I'm able to do that, due to my own financial limitations. Maybe just come back and meet him at his price would be the option here. |
26 May 2019, 01:28 AM | #2 |
2024 Pledge Member
Join Date: Jan 2013
Location: Miami
Watch: me lose count.
Posts: 5,556
|
If he won't budge it will be because he is into the watch for what you’re offering, or maybe slightly more. It could be he would lose money. The margins on DJs are slim at best, especially the less sought after pieces. I am pleased you want Roman, in my view its the way to go with the DJ. That being said, here is mine to wet your appetite
__________________
♛ 116689 ♛ 116500LN Blk ♛ 116500LN Wht ♛ Sky Dweller 326934-003 ♛ 126710BLNR ♛ 126710BLRO - ♛ 126610LV ♛ 16520 ♛ 16523 ♛ 16610 ♛ 5513 Birth Year - ✠ Patek Philippe 5980/1A-001 - AP 26331ST Panda - Panerai Fiddy 127, Bronzo 671, 687, 111, Ω Speedmaster 1957 Broad Arrow, Daniel Roth Endurer Chronosprint, Cartier Santos XL - ✿ Tudor Black Bay 58 Bronze M79012M, Montblanc TimeWalker Chrono 41 |
26 May 2019, 01:29 AM | #3 |
2024 Pledge Member
Join Date: May 2011
Location: Great State of TX
Posts: 5,670
|
First Rolex: Struck out at my first attempt to buy
I’d say either save up the extra to meet him at his price or continue your hunt for a nice used one at your price. There’s a lot to be said for dealing with someone both reputable and local, takes away a lot of risk of a scam! That’s definitely worth a few hundred in my book.
Contact JVMartin here on the forum. He’s 100% trustworthy and might be able to square you away. Sent from my iPhone using Tapatalk
__________________
Forty six & 2 are just ahead of me. Follow me on Instagram @ccrolex |
26 May 2019, 02:24 AM | #4 |
"TRF" Member
Join Date: Jan 2019
Location: UK
Posts: 65
|
To be honest, he had it advertised at a certain price.
You asked him to to take time out of his day to meet you and then lowballed him. I feel sorry for him and not you. If you were going to negotiate, you should of done it before meeting and saved both of you some time. |
26 May 2019, 02:59 AM | #5 | |
"TRF" Member
Join Date: Mar 2012
Location: KY
Watch: A few.....
Posts: 3,779
|
Quote:
In this case I agree. You should’ve had this worked out in advance. You wasted his time. |
|
26 May 2019, 02:59 AM | #6 | |
"TRF" Member
Join Date: Jun 2011
Location: US
Watch: 116500LN
Posts: 139
|
Quote:
|
|
26 May 2019, 03:01 AM | #7 | |
"TRF" Member
Join Date: Feb 2018
Location: LA
Watch: RLX, ALS
Posts: 3,410
|
Quote:
|
|
26 May 2019, 03:03 AM | #8 | |
Banned
Join Date: May 2019
Location: Canada
Posts: 2,052
|
Quote:
|
|
26 May 2019, 03:30 AM | #9 | |
"TRF" Member
Join Date: Sep 2009
Real Name: Tom
Location: Chi town
Watch: Daytona AP DD Sub
Posts: 3,717
|
Quote:
|
|
26 May 2019, 03:40 AM | #10 | |
"TRF" Member
Join Date: Jul 2009
Location: USA
Watch: 1665
Posts: 4,736
|
Quote:
__________________
He could not just wear a watch. It had to be a Rolex. Ian Fleming |
|
26 May 2019, 03:46 AM | #11 |
"TRF" Member
Join Date: Jul 2017
Location: Montreal
Posts: 432
|
You likely would have gotten that 200$ discount had you asked before meet up. Personally when I meet up to sell stuff , if buyer tries to negotiate at meet up and not prior for no reason other than trying to get a better price, I’ll walk away and lose the sale out of principle, even for items I have tons of and would still make profit at lower price . And Especially on high dollar items
__________________
BLNR (gone) - SS YMII (blue hands , gone) - TT SD43 |
26 May 2019, 03:47 AM | #12 |
"TRF" Member
Join Date: Dec 2015
Location: USA
Posts: 1,957
|
If the watch was as described I think the right thing to do is to call him back and pay his price.
Doing the right thing never turns out wrong in my book. Sent from my iPad using Tapatalk |
26 May 2019, 03:50 AM | #13 |
"TRF" Member
Join Date: Jul 2017
Location: Montreal
Posts: 432
|
That said, if this is absolutely the watch you want and are happy with the deal you should shell out the extra 200, seller was nice to meet you almost in the middle of your offer and his asking.
If the 200$ is that much of a big deal, maybe a 4500$ watch isn’t the best way to spend your money at the moment
__________________
BLNR (gone) - SS YMII (blue hands , gone) - TT SD43 |
26 May 2019, 03:53 AM | #14 |
"TRF" Member
Join Date: May 2019
Location: Northern Virginia
Watch: The next one
Posts: 165
|
Thanks— Never been in this situation before so did not know that it was a good idea to work out all the dollars before meeting.
|
26 May 2019, 04:10 AM | #15 |
"TRF" Member
Join Date: Dec 2013
Location: Orange County, CA
Watch: 116515LN OF
Posts: 75
|
So you wanted to haggle on the spot after the meeting was setup and he was generous enough to drop the price $100. Which is something he did not have to do, but what I don't understand is you gave up the deal for a measly $200 on a $4700 watch? Seriously? Come on now..
|
26 May 2019, 04:46 AM | #16 | |
"TRF" Member
Join Date: Jan 2014
Location: Austin, TX
Watch: 114300 Blue
Posts: 480
|
Quote:
|
|
26 May 2019, 05:47 AM | #17 | |
"TRF" Member
Join Date: Jul 2015
Real Name: Ty
Location: West Coast
Watch: the time fly!
Posts: 1,475
|
Quote:
|
|
26 May 2019, 02:56 PM | #18 |
"TRF" Member
Join Date: May 2019
Location: Orlando
Posts: 10
|
Definitely work out price beforehand. It was only 200 more than you wanted to spend and he dropped the price. If that’s the watch you wanted you should contact him and buy it.
|
26 May 2019, 03:20 PM | #19 |
"TRF" Member
Join Date: Nov 2012
Location: CA
Watch: 116519LN
Posts: 614
|
Call the seller, apologize for your low ball offer, and kindly offer to pay his discounted price. You said it yourself, "...just what I wanted. It was beautiful."
|
26 May 2019, 03:58 PM | #20 | |
"TRF" Member
Join Date: Sep 2018
Location: Sydney, Australia
Watch: Rolex Day-Date
Posts: 168
|
Quote:
On the other hand, even $200 can't buy the happiness of life, if you really like to enjoy the DJ. It's not only investment but men's toy. IMO. Sent from my ALP-L09 using Tapatalk |
|
26 May 2019, 04:18 PM | #21 | |
Banned
Join Date: Apr 2015
Location: United States
Posts: 2,410
|
Quote:
OP is not ready to buy a Rolex. He should be buying a Omega... I do like the fact OP knows what he wants....that's a men in the da house! Rolex is a Rolex...not your Omega, Honda, Toyota, Tumi, Tiffany, etc...those brands are bargain brands...go with them. |
|
26 May 2019, 05:27 PM | #22 |
"TRF" Member
Join Date: Aug 2018
Real Name: Martijn
Location: Amsterdam
Watch: On the left wrist
Posts: 697
|
When I buy a watch face to face I make sure the watch condition is described perfectly (with pictures), all accessoiries like correct box, extra links, booklets, bezel protector, etc. are stated by the seller and then agree to a price before the meet-up. During the meeting I will inspect the watch and its belongings and then make the payment.
Just be professional, prepare yourself to walk away when the deal is not as described. |
26 May 2019, 05:48 PM | #23 | |
"TRF" Member
Join Date: Mar 2019
Location: Netherlands
Posts: 84
|
Quote:
And wasting sellers time? Come on. It is his job to listen to punters and try to work out deals. It is his paying job, and definitely a two-way street. If he doesn’t want to talk to strangers, don’t work in a shop. In your view, everyone coming in, talking a bit with him but not buying are wasting his time as well? This is very narrowminded and shortsighted. You never know what might come up in the future. Maybe discount now, give the buyer a good feeling, earn his trust, and in the future earn more money because when you say a price the buyer is inclined to believe you more. Either way just like buyer doesn’t have to buy seller doesn’t have to sell. This is negotiating. I can go on and on, but OP, I’d like to advise you that you can call him and tell him you can meet him in the middle at 4.500. It is a negotiating game for him as well. Do not forget this. |
|
26 May 2019, 06:27 PM | #24 |
"TRF" Member
Join Date: Mar 2019
Location: West Midlands, UK
Watch: This space
Posts: 283
|
I would second this. Also paying the little extra is peace of mind, rather than worrying about the authenticity-I’m sure you will consider him for a further Rolex
|
26 May 2019, 06:29 PM | #25 |
2024 Pledge Member
Join Date: Nov 2006
Real Name: Eddie
Location: Australia
Watch: A few.
Posts: 36,695
|
This thread for $200.
Wow!
__________________
E |
26 May 2019, 06:31 PM | #26 |
"TRF" Member
Join Date: Feb 2008
Real Name: Chris
Location: .
Watch: Daytonas/Subs/GMTs
Posts: 12,606
|
Save and buy a DJ41/smooth/jubilee new from an AD.
|
26 May 2019, 07:56 PM | #27 |
"TRF" Member
Join Date: Feb 2019
Posts: 123
|
That’s some Craigslist level negotiating. Show up with far less cash than advertised. “Oh I only have $XXX”
Nope. Get lost. Thanks for wasting my time. |
26 May 2019, 07:59 PM | #28 |
"TRF" Member
Join Date: Aug 2007
Location: Scotland
Watch: GMT
Posts: 3,430
|
I don't like negotiating before the buyer has seen the item because the price you agree pre-viewing only becomes the starting point for negotiation later.
The buyer should come to view at the screen price, then any negotiation can begin... That's how I deal.. Also, questions like 'what's the lowest you will take?' or 'what is your last price?' only pisses the seller off. |
26 May 2019, 08:32 PM | #29 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,069
|
Fair enough, I suppose if you buy cars you might feel you can haggle over the item and maybe use it to point out flaws and get a better price, but with watches usually close up pics can show you everything you need so all the negotiating should be done online first. Then if the watch is not as described you can negotiate further.
|
26 May 2019, 08:56 PM | #30 |
"TRF" Member
Join Date: Feb 2016
Location: US, SG, DK, GR
Watch: Reverso
Posts: 3,060
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
Thread Tools | |
Display Modes | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.