Quote:
Originally Posted by Sergio_UKR
Sorry, not too clear again. Was your friend trying to get 4520 or get rid of it in part exchange?
I think 8k below MSRP for a 4520v is a highway robbery either way. They are currently selling for about retail (25k) +-10% based on condition. So I can see gray dealers offering 5k under retail for a beat up watch, but still no 8k difference.
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My apologies again if i wasnt clear.
My friend bought a vc blue 4520 from boutique and spotted another Patek he liked and approached Watchfinder for a part-exchange quote. He was quite surprised to be offered around £16k for the watch — a drop of about £8k despite it being nearly brand new and barely worn.
Understandably, he decided to hold onto the watch rather than take the hit. But it got me thinking... I’ve been considering buying from a boutique myself, but seeing that kind of immediate depreciation is a bit worrying, hence wondered if others are offered silly prices. I dont intend to sell it but it does make your heart sink if ever you have a change of heart and decide to part from it.