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Old 6 October 2023, 06:34 AM   #31
gregouille
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Location: Paris
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Quote:
Originally Posted by messikens View Post
IMO this can never really work well and the customer will always feel screwed.

You have such a wide discrepancy between offerings where a Code (QP or otherwise) trades at ~40% discount while a CE skeleton trades at a 150% premium of MSRP.

The only way you solve it consistently is to either screw the seller by offering cents on the dollar OR pricing your pre-owned desired pieces above MSRP, which is basically telling a new client "you'll never get this piece period".

CPO buy-backs are terrible for in-house management because of the customer perception

100%
I’m curious to know how is the recent CPO program from Rolex doing.
It’s been already few months that is running and I remember the prices where funky as shit (much higher than market which of course was already premium).
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