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25 April 2018, 02:20 AM | #1 |
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Is the warranty worth 3k?
Saw a 2018 BNIB with all paperwork DD40 listed for $26,500 via a chrono24 Trusted Seller. However, the card was never swiped, so no Rolex warranty included (this is what I consider the true grey market).
I know Trusted Sellers via Rolex Forums generally sell them for around $29k BNIB, with the Rolex warranty generally still in tact. My question - is the extra $2500-3000 worth a warranty to you?
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25 April 2018, 02:20 AM | #2 |
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No it isn't.
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25 April 2018, 02:23 AM | #3 |
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Probably not, but if I'm spending that kind of money, I'd probably opt for the whole package.
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25 April 2018, 02:25 AM | #4 | |
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Quote:
I would not buy a new watch without the warranty.
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25 April 2018, 02:36 AM | #5 |
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So theoretically the warranty should be worth no more than the cost of a service.
But what happens if you send a new watch like this to RSC which *should* be under warranty, but RSC sees that the card was never swiped when they punch in the serial #? Is that a problem? |
25 April 2018, 02:51 AM | #6 | |
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Quote:
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25 April 2018, 02:37 AM | #7 |
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No Way..
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25 April 2018, 02:39 AM | #8 |
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For me it is more dependent on who the seller is.
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25 April 2018, 02:46 AM | #9 |
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Seller is Watchguy NYC, who seems to have solid reputation based on yelp.
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25 April 2018, 05:00 AM | #10 |
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25 April 2018, 02:41 AM | #11 |
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When you're talking Rolex money, unless it's vintage, always go brand new with a warranty.
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25 April 2018, 03:02 AM | #12 |
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You can do better than 29k from an in stock dd40 I’d think - dunno, maybe I’m remebering the good ole days
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25 April 2018, 03:09 AM | #13 |
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I don't think Rolex could deny warranty work for a lack of a "swipe."
It would be interesting to see how that would play out in court if it ever really came down to it. My vote would be to buy the cheaper piece. The cost to service is less than the difference as another member already posted Sent from my iPhone using Tapatalk
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25 April 2018, 03:11 AM | #14 |
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No it’s not worth it. If it needed service it would be cheaper then paying the extra for a warranty card
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25 April 2018, 03:14 AM | #15 |
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I would look at the big sellers here rather than on chrono24 which I know little about.
Why not reach out to Tony Geha? I would place more trust in someone like him who has an impeccable reputation and he is in your back yard! My2c. |
25 April 2018, 03:19 AM | #16 |
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Considering the amount of money I'm spending i would most likely get everything at once although i don't think it's worth it.
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25 April 2018, 03:32 AM | #17 | |
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25 April 2018, 03:33 AM | #18 |
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Out of curiosity, how could the watch have been transferred originally without having the warranty card swiped?
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25 April 2018, 03:40 AM | #19 |
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Another good question. As in, how do Grey's get their inventory? I understand if they're able to give you the warranty, because it's simply a transfer of one owner to another (assuming they are buying in bulk, each card should be swiped right?). Where are these non-swiped watches coming from??
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25 April 2018, 03:38 AM | #20 |
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If you plan to keep it and can safe a full $3k, then it’s a decent deal. In the unlikely event it needs service inside the 5-year warranty period you spend $700-1000. Still a win.
If you think there is even a remote chance of selling it, find an AD and get your best deal there. The warranty will likely matter to subsequent buyers. |
25 April 2018, 03:55 AM | #21 |
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I will need a warranty for that amount of money.
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25 April 2018, 03:55 AM | #22 |
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Absolutely not. A full service is about $1,000 which is from RSC, I'd go there before having those guys work on my watch.
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25 April 2018, 04:22 AM | #23 |
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To be clear, it is box and "papers", so the card comes with it, just never swiped
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25 April 2018, 04:32 AM | #24 |
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Good thing is Rolex warranty is kind of obsolete and a good seller will cover you as well.
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25 April 2018, 04:28 AM | #25 |
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For that price it should be with warranty with your name on card, plastic still on, etc. Check with https://www.rolexforums.com/member.php?u=138560 as he's great to deal with.
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25 April 2018, 04:30 AM | #26 |
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All things being equal, I'd save 3K. If, and I say, if any work needs to be done and it doesn't have a warranty, a service is around $1100. I just had my Smurf serviced and it was a tad under $1100 and that included a new crystal. Moreso, do you trust the seller? Peace of mind is worth a lot, too. How much will vary from person to person.
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25 April 2018, 04:39 AM | #27 |
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Would you be able to get a bit of a discount if you asked the AD?
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25 April 2018, 04:41 AM | #28 |
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I don't think an AD can get you to $29k, let alone $26,500.
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25 April 2018, 09:34 AM | #29 |
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25 April 2018, 04:52 AM | #30 |
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If I’m spending that kind of money I want a watch that has been sold properly through an AD. I’m not saying I’d only buy it new but I want the watch to be sold legit so there are no warranty issues.
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