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#1 |
"TRF" Member
Join Date: Feb 2018
Location: Vancouver/Seattle
Posts: 400
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Worth trading up in Japan?
Hey all,
I’m heading to Tokyo in a few weeks and I was thinking of trading in my Explorer 1 for a GMT BLNR and paying the premium. Would it be a better move if I sold it by myself? I was hoping to do this at Jack Road. Anyone have experience with trading or selling a watch to grey dealers in Tokyo? Thanks in advance! -N |
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#2 |
2024 Pledge Member
Join Date: Jan 2016
Location: San Diego, CA
Posts: 12,407
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Definitely better selling yourself. The blnr premium is much higher in Japan. You may get a slightly better trade in in Japan but it's nowhere near as popular as the really popular Rolex sports like the blnr.
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#3 |
"TRF" Member
Join Date: Dec 2017
Location: Costa
Posts: 255
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The premium in Japan on the hot watches are easily 20-25% more than what prices you usually see. Even with shops like Jack Road, the trade in-value won't be as high as you may assume.
Definitely trying doing a private sale and top off funds for the BLNR. |
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#4 |
"TRF" Member
Join Date: Sep 2017
Real Name: John
Location: Yokohama
Watch: 116613LB, 116713LN
Posts: 218
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Blnr Prices are still going up here in Japan at the grey dealers. I just checked Jackroad site today for a brand new Blnr and they show 1,648,000Yen. Quark is even higher at 1,748,000Yen. No confidence you can negotiate lower for that watch. MSRP in Japan is 918,000Yen but I have never seen one at an AD here. Of course they will give you the 8%tax off if you show them your passport. Just for interest last year I bought a brand new TT GMT 116713LN at a grey dealer in Japan, and with tax off I paid 1,088,000Yen.
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#5 |
Banned
Join Date: Dec 2014
Location: NZ
Posts: 2,600
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Your Explorer 1 is worth about 550,000 JPY (6,560 CAD) as a trade-in @ JackRoad.
So if a new BLNR is 1,648,000 JPY (19,650 CAD) then you'll have to make up over 13,000 CAD difference ![]() Or you could buy one from David SW for around 13,500 USD and keep your Explorer ![]() |
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#6 |
"TRF" Member
Join Date: Nov 2011
Real Name: Jon
Location: USA
Watch: DJ - Need Sub Bad
Posts: 1,889
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If in Japan check out the Grand Seikos. When in Rome......
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#7 |
"TRF" Member
Join Date: Feb 2018
Location: Vancouver/Seattle
Posts: 400
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Thank you all for the replies! Man, I had no idea what the prices were really like. That is insanity for a BLNR.
And quite honestly, I want to keep my explorer 1. And yes...I’m highly considering a Grand Seiko. Absolutely beautiful pieces at a fair price. |
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explorer 1 |
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