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12 August 2024, 01:21 PM | #1 |
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Take the hit or hang on?
It’s been awhile since I posted about my impulse buy of a 2023 DJ 41 from an AD. It’s a nice watch, but I’ve not bonded with it nor do I wear it often. It largely sits unused in the case.
The resale market is weak, but I can sell it for about a 20% loss to a local dealer, much of it related to the high sales tax where I live. Excluding the sales tax his offer is 13% below retail. I’d rather not take the loss, but frankly the hit isn’t significant. The bigger issue is the lack of use, and my feeling that not using the watch makes little sense. I’ve placed it for sale locally, but realistically it will be challenging to move it. Even if I do, the difference may amount to $1k or so compared to the dealer offer. Again, it’s not the financial decision that has me holding on, it’s more a question of wearing it, finding I still don’t use it as much as I thought I would, and finding that the extra wear makes it even harder to sell. The dealer is a friend, suggesting that I keep it, noting that markets change and it really is a nice watch. My son has Rolex and Omega watches I’ve handed down. My young grandsons are all under 10, and watch inheritance isn’t much of an issue. How would you suggest I consider my option? Have any of you had a similar situation, and how what did you do? |
12 August 2024, 01:24 PM | #2 |
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Get rid of it - you''re not in love with it. Once it's gone, you'll never look back with regret.
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12 August 2024, 01:24 PM | #3 |
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Why don’t you trade for something you want
Otherwise take the money and take your family on a nice trip or something Sent from my iPhone using Tapatalk |
12 August 2024, 01:30 PM | #4 |
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For 1k difference, I wouldn’t bother trying to do a private sale. Too much effort/risk, IMHO.
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12 August 2024, 02:06 PM | #5 |
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Dump it
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12 August 2024, 02:55 PM | #6 |
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12 August 2024, 04:30 PM | #7 |
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I understand what you’re saying that wearing it may make it more difficult to sell. It will always sell as I doubt you will do too much damage to it.
You will maybe get a little less for it but like you say you’re not too fussed about taking a financial hit. I would suggest wearing it as often as possible for a month or so to see how you feel. You will know for definite how you feel after an extended period of use. |
12 August 2024, 04:42 PM | #8 |
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I would dump it.
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12 August 2024, 04:50 PM | #9 |
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Move it along and get something you really love and will wear more.
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12 August 2024, 05:16 PM | #10 |
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If your eyeing something else, make the move. If you’re simply irate that it’s in your box doing nothing, take your time and maybe something will eventually come along that you are interested in. Selling it to just move it like your dealer friend said, just sit on it for a while. Things could change
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12 August 2024, 05:17 PM | #11 |
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Yes. Move it. But cut out the middle man.
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12 August 2024, 05:57 PM | #12 | |
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ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder |
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12 August 2024, 06:08 PM | #13 |
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If you don't like it don't keep it. If I had that kind of money to sling at an impulse buy the potential loss would be of no consequence to me.
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12 August 2024, 06:24 PM | #14 |
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OP, you learned a lesson, not to buy on impulse. A $1k hit is not the end of the world. Sell it and buy what you want.
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12 August 2024, 08:10 PM | #15 |
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Sell it and move on.
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12 August 2024, 09:00 PM | #16 |
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I’d sell it to your dealer friend, sounds hassle free
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12 August 2024, 09:48 PM | #17 |
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I would find a watch that I wanted and would wear and do a trade. You would get rid of a watch you do not want and do not wear and replace it with something that you like and would wear.
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12 August 2024, 10:06 PM | #18 |
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Agree with everyone here: sell it and move on.
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12 August 2024, 10:39 PM | #19 | |
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12 August 2024, 11:43 PM | #20 |
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Buy in haste, repent at leisure.
If you do not like the watch then sell it, no point in looking at a watch in the box that doesn't create a desire to be worn.
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13 August 2024, 12:07 AM | #21 |
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Im kind of in the same boat with a Rolex I bought......don't wear it, an impulse buy....private sale being an older female .....even though I was in the NAVY and this being Texas and I'm a packing momma.....not worth it. I'm trying to work a trade with my dealer in The Woodlands for 37mm YM
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13 August 2024, 12:10 AM | #22 |
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Take the hit!
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13 August 2024, 12:29 AM | #23 |
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if you don't love it and you're not wearing it then sell it. DJ is just gonna lose more value over time anyway
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13 August 2024, 02:26 AM | #24 |
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Thanks for the comments/suggestions. Act in haste is apropos in this situation. I actually give it a lot of thought when I bought it, and still think it's a great looking, practical everyday watch. I expected to keep it. The issue is that my case sizes are 36/39 (DJ/BB58) and the larger size case didn't work as well as I had hoped, and I already had several watches. The DJ41 got less and less wrist time.
My 1981 (original owner - Rolex serviced regularly) DJ TT Jubilee/Fluted/Black Dial works for more dress oriented tasks along with a heavy dose of nostalgia. The BB58 is a very comfortable every day alternative, especially with the Uncle Mike added half link, and covers the daily use role well. My iWatch fills in when I exercise, and my Timex Q GMT (38mm) "Pepsi lookalike" does everything else. I thought about keeping the 41DJ and selling the BB58, but as much as I love a pure white stick dial, my cataracts see the contrast of the BB58 dial very easily and make it very easy to read in any condition. The smaller BB58 size works well in hot humid summer weather, and I also have the Tudor fabric strap as a backup look. I've sold the DJ41 to a friend, and hope he enjoys it. And I also get to look at it from time to time. |
13 August 2024, 03:05 AM | #25 |
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13 August 2024, 03:16 AM | #26 |
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13 August 2024, 03:21 AM | #27 |
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13 August 2024, 03:23 AM | #28 |
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Trade and cash. Still hurts not as much though.
JL
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13 August 2024, 03:28 AM | #29 |
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move it with as little risk as possible and never look back
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13 August 2024, 03:56 AM | #30 | |
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Quote:
I had this DJ41 and went through the exact same situation after the honeymoon period was over. It didn’t stand a chance with my Pepsi and Starbucks for the wrist time. Sold it with a hit. Just thought of sharing Sent from my iPhone using Tapatalk
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Rest in peace JJ! http://www.rolexforums.com/showthrea...light=JJ+irani "Rolex is highly addictive. Please shop responsibly" |
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