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#1 |
"TRF" Member
Join Date: Oct 2014
Location: England
Posts: 939
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Buying used
What are your opinions on buying used? Im after buying my first rolex and feel that buying used is the best way for me as it avoids the initial depreciation. However when buying used, I would want to buy it with everything that it comes with when new i.e. box, tags etc.
Also when buying used, is it risky as the watch could potentially be a stolen good? |
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#2 | |
Banned
Join Date: Nov 2010
Location: Kingstown
Posts: 58,277
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Quote:
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#3 |
"TRF" Member
Join Date: Jan 2012
Real Name: Joe
Location: Ontario
Watch: 1971 gmt, any sub
Posts: 229
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There is nothing wrong with buying used. I would suggest that you purchase from a reputable source and possibly meet at a Rolex dealer to have it verified. If the seller knows it is stolen I doubt he/she would even show up.
Regards. Joe |
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#4 |
2025 TitaniumYM Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 79,622
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#5 |
"TRF" Member
Join Date: Jan 2011
Real Name: Steve
Location: UK
Watch: Sub 16618
Posts: 30
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Dream watches Fareham is worth a look
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#6 |
2024 Pledge Member
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,369
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#7 |
Banned
Join Date: Dec 2012
Location: london
Posts: 416
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Top notch watches offered me some a good deal on a BNIB 116600, £1400 off RRP.
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#8 | |
"TRF" Member
Join Date: Dec 2010
Real Name: thewatchguy
Location: UK
Watch: me buy gold..
Posts: 7,441
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Quote:
Kind regards, Dino
__________________
Instagram.. @thewatchguy www.thewatchguyofficial.co.uk Got a GREEN Submariner 116610LV.. Visit the official thread here! http://www.rolexforums.com/showthread.php?t=179580 Don't forget to visit the Rolex & Attire thread too! http://www.rolexforums.com/showthread.php?t=215077 |
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#9 |
Banned
Join Date: Dec 2012
Location: london
Posts: 416
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20% is quite easily obtained on a BNIB SS Rolex in the UK with EU papers, don't settle for anything less.
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#10 | |
"TRF" Member
Join Date: Jul 2014
Location: Midlands, UK
Posts: 5,023
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Quote:
But 20% is quite common for TT or some variations of SS DJ and the explorer range. |
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#11 | |
Banned
Join Date: Dec 2012
Location: london
Posts: 416
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Quote:
I must add this is dependant on the exchange rate on the day, but certainly all the SS model can be had with around a 20% saving. |
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#12 |
Banned
Join Date: Dec 2012
Location: london
Posts: 416
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#13 |
"TRF" Member
Join Date: Oct 2014
Location: Singapore
Posts: 177
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If you can get the full set when buying used.
I believe the chance of it being stolen is not very high. Have the watch evaluated at a watch maker assures you that the internals are genuine. |
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#14 |
2025 TitaniumYM Pledge Member
Join Date: Jun 2013
Real Name: Tom
Location: Mandeville La
Watch: 126333
Posts: 10,719
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Used is always a great way to go... Start shopping here under the "for sale" section
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#15 |
Banned
Join Date: Nov 2013
Real Name: Jim Smyth
Location: Florida
Watch: DD
Posts: 1,842
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I would be comfortable buying used here from a trusted seller. Fully papered if at all possible. If you go other directions you already have some good advice already in this thread. If you go say the Ebay route do a lot of research on the seller. I have seen lately a lot of dissatisfaction with some of the bigger Ebay Rolex sellers. You can also research them here on this forum. Seems there's a lot of Frankenwatches out there with parts of other watches or after market parts on them. You have to be careful and pro active in your search buying used. Caveat Emptor
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#16 |
"TRF" Member
Join Date: Mar 2014
Real Name: Steve
Location: TO CAD, HCMC VN
Watch: MP 18946
Posts: 7,292
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Lots of trusted established sellers have great used watches that are complete and would back their product against defects.
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#17 | |
"TRF" Member
Join Date: Jan 2007
Location: USA
Watch: Daytona
Posts: 6,128
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Quote:
If you buy from a trusted dealer on TRF you do not have to worry about it being stolen or counterfeit. Edit: I see some references to eBay, I find the watches very overpriced there. However, over the years eBay has changed policies and you are safer than you think in case a seller takes you for a ride. |
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#18 |
"TRF" Member
Join Date: Feb 2013
Real Name: Flavio
Location: N/A
Posts: 14,654
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I prefer new but that's just me. Love to remove stickers, my name on the card etc.
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#19 |
Member
Join Date: Jul 2014
Real Name: Roger
Location: ...
Watch: AP/Rolex/PP
Posts: 6,309
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Noting wrong at all with buying used. But a few things you need to keep in mind - as mentioned already but I think cannot be mentioned enough - buy from a reputable seller. That is paramount.
Also - sometimes you may not be able to get the box and all the 'goodies'. Which is not that big of a deal...I've bought a couple of pieces used with no box and papers. BUT I prefer. Check out some of the trusted sellers here...I have to say had this forum been around over the years I would have JUMPED at it!!! |
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#20 |
"TRF" Member
Join Date: Mar 2011
Location: ATL
Watch: Rolex
Posts: 683
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You can find some good buys here and on a handful of Internet sites on pre-owned models. Just do your homework, as the most frequent complaint with buying used seems to be the discrepancy between the seller's definition of "excellent" condition and the buyer's.
A local friend of mine just ran into this issue recently with a Sub he purchased from a pre-owned dealer online, not on this forum. Fortunately he inspected the watch and immediately sent it back for a refund, as the seller's description of its condition was not at all accurate.
__________________
16570 Exp II White 16220 DJ silver stick 16233 DJ champagne stick |
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#21 | |
Member
Join Date: Jul 2014
Real Name: Roger
Location: ...
Watch: AP/Rolex/PP
Posts: 6,309
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Quote:
Inspecting the watch is critical. Make sure it is not over polished!!! That's a biggie. I have seen some where you almost can't even make out the Rolex crown on the winding crown! As well as the lugs. |
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#22 |
"TRF" Member
Join Date: Sep 2014
Location: new york
Watch: 116334 & 116610
Posts: 1,310
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There are plenty of trust worthy sellers of preowned watches here. If I were to buy used this would be the place to do it. After researching ofcorse
Sent from my iPhone using Tapatalk |
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#23 |
Member
Join Date: Jul 2014
Real Name: Roger
Location: ...
Watch: AP/Rolex/PP
Posts: 6,309
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#24 |
"TRF" Member
Join Date: Mar 2010
Real Name: Mark
Location: California
Watch: 116300 / 16570
Posts: 295
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#25 |
"TRF" Member
Join Date: May 2013
Real Name: Charlie
Location: Angouleme France
Watch: Sub C non date
Posts: 40
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I bought new because when I passed it on I wanted only me to have worn it.If you buy second hand try to make certain its a complete box set will make a big difference to the future value. http://www.watchesofdistinction.com/watches.php
Follow the link have dealt with Giles at WoD a few times found him very fair. |
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#26 |
2024 Pledge Member
Join Date: May 2013
Location: Hollywood 1950
Posts: 4,103
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#27 |
Banned
Join Date: Dec 2012
Location: london
Posts: 416
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I would take the descriptions from the dealers mentioned with a pinch of salt, what is often advertised as great or mint condition is often not the case when you receive the watch, normally they are over polished and require servicing. I personally would look at getting a full set UK watch with original receipt from the original owner and meet them in a RSC if possible, if you get a link changed Rolex as a matter of cause check the stolen register.
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#28 |
2025 Pledge Member
Join Date: Jan 2009
Real Name: Chuck
Location: SW Florida
Watch: 16233,16610,214270
Posts: 11,200
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I have no problem buying pre owned. You can get a great deal & a great price from trusted sellers.
__________________
16233 Y Serial Datejust 16610 Z Serial Submariner 214270 Explorer 114300 Oyster Perpetual 76200 Tudor Date+Day |
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#29 |
2025 Pledge Member
Join Date: Feb 2012
Real Name: Jan
Location: PA
Watch: GMT II
Posts: 1,110
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You can also look for BNIB deals in the Classifieds section. But as others noted - buy the seller first. Do research, check with others who bought from them.
I made numerous transactions from DavidSW, Mark (theken), and others on this forum after I purchased my first watch in store. Good luck and remember to post your picture here when you get it. |
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#30 |
Member
Join Date: Jan 2012
Location: United States
Posts: 245
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For a Rolex or anything I would want to keep for a long time, I'd go brand new.
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