Quote:
Originally Posted by dents
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.
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I’ve been thinking of a blue 4520V and I’ve been looking for over 12 months. I have yet to see one below retail. There are several on this forum for $28+K. $16,000 is a very low offer, but retail stores need to make a profit and cover their costs so I don’t blame them either.