An 116520 Black and £8,000 for a 116500 white....

[3sheets86]

I have an 116520 black which I bought new for £7,950 in 2013 and really fancy the new white dial version and have no chance of getting one from my AD. I have been offered a trade on a 1 year old white dial, my Daytona plus £8,000. The white dial is priced at £20,950 and I have been offered £13,000 for mine which means that I would really have paid £16,000 in total counting what I originally paid for my 116520.

Would you?

[dafuture]

No. £8,000? That's a crazy amount of money vs. your 116520. The gap should only be £1-2000 between colors. That's the only way I'd even consider that trade.

[emtee]

Nope. But I guess it sounds like a fair trade given current market values.

Personally I’d keep the 116520 and use the 8K to get another watch. Can you get on list for a sub or GMT? I’d rather add one of those than spend all that on the DayC.

I know you say it’s only costing you 16K but that’s man maths. It’s still costing you 20K just not all cash.

[wulin]

No. 116500 white is not £8000 more than 116520 black. Should be £5000 max

[TswaneNguni]

No

[3sheets86]

Originally Posted by emtee

Nope. But I guess it sounds like a fair trade given current market values.

Personally I’d keep the 116520 and use the 8K to get another watch. Can you get on list for a sub or GMT? I’d rather add one of those than spend all that on the DayC.

I know you say it’s only costing you 16K but that’s man maths. It’s still costing you 20K just not all cash.

Thanks for your comments. I'm sanity checking myself really! haha

I have a sub, a BLNR and a 126300. I have been promised a BLRO from my AD within the next 12 months but they basically told me that a Daytona is just a no go. The decision of who gets a Daytona goes above the actual shop manager, it's up to the owner and my 30 odd grand spend history just isn't going to be enough to swing it in my favour, or at least that's the impression I got but not in a snotty enough way for me to take umbridge or anything.

[JP123]

"man maths" :)

[LooseCann0n]

Seems like you are getting the worst of the values. ie lowest offer for your watch and the top price for the 500.

Agree that £5k is fairer so I would shop around - bet you could get closer - but if you want it today...!



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[emtee]

Originally Posted by 3sheets86

Thanks for your comments. I'm sanity checking myself really! haha

I have a sub, a BLNR and a 126300. I have been promised a BLRO from my AD within the next 12 months but they basically told me that a Daytona is just a no go. The decision of who gets a Daytona goes above the actual shop manager, it's up to the owner and my 30 odd grand spend history just isn't going to be enough to swing it in my favour, or at least that's the impression I got but not in a snotty enough way for me to take umbridge or anything.

I know how you feel mate. I got quoted 10 years for Daytona by my local AD (Goldsmiths) which I took as a polite way of telling me to bugger off :(

To be fair I’ve not spend nearly 30K on watches there but did get a BLNR so cant complain too much.

At the end of the day the heart wants what the heart wants so if you can afford it and it will make you happy then why not. They’re just trinkets after all

[emtee]

Originally Posted by LooseCann0n

Seems like you are getting the worst of the values. ie lowest offer for your watch and the top price for the 500.

Agree that £5k is fairer so I would shop around - bet you could get closer - but if you want it today...!



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If you sell privately and buy privately then sure you will save a few grand but that does require some time/effort/risk.

I’m assuming this is a trade with a dealer like WF etc so based on their available pricing this seems fair (last time I looked).

[JP123]

This sounds like a Watchfinder trade which I end up doing quite a lot.
In fairness they are selling 116520 black dials for around 16k so the 13k offer to you is quite fair. The £21k price for the ceramic seems to be the going rate too but I'd struggle with it at double retail when they are selling the white gold versions for a small amount extra

[3sheets86]

Originally Posted by LooseCann0n

Seems like you are getting the worst of the values. ie lowest offer for your watch and the top price for the 500.

Agree that £5k is fairer so I would shop around - bet you could get closer - but if you want it today...!



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I'm not that bothered for it now. I actually enjoy shopping around.

[jerryguo]

please report to the police, you are getting robbed. No seriously, I would pick 520 over 500 any day

[LooseCann0n]

Originally Posted by 3sheets86

I'm not that bothered for it now. I actually enjoy shopping around.

Interested in the update once you get a better deal - incidentally got offered just shy of £20k for mine (2018) from a purchaser last week as they have a client who wants to buy one - of course they take 9% fee.

[Moggo]

Never.


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[3sheets86]

Originally Posted by JP123

This sounds like a Watchfinder trade which I end up doing quite a lot.
In fairness they are selling 116520 black dials for around 16k so the 13k offer to you is quite fair. The £21k price for the ceramic seems to be the going rate too but I'd struggle with it at double retail when they are selling the white gold versions for a small amount extra

You're spot. All this came about because I wondered what they would offer for the Daytona outright, I don't wear often because all my watches have a black dial and are more practical, I do like it, I just don't love it anymore. WF initially offered £11,250-£11,800 which I thought was a bit mean so I didn't pursue it. I then received a personal email from a WF manager asking if they could do anything more so I just asked what a deal would look like against a white dial 116500LN and they came back with £13,000.
Tbh, I had never thought about it before as there is noway I'm ever going to pay £20k plus outright for a SS Daytona but it's got the cogs turning I must say. In my mind I thought £6,000 to change and that would have made me think long and hard, if closer to £5,000 is achievable I think I'd just go ahead.

[azs.77]

Sounds like a lot more £££ than it may be worth


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[tkc324]

Here is the real mathematical question... do you think a white dial and ceramic bezel is worth £8,000??


HELL NO!

[Stevec14]

WF should be open to an offer - I usually manage to knock about something off their prices eventually (albeit not tried on a Daytona).

See if they do the white for 20 and get 13.5 for yours. 6.5 to upgrade is something to think about if you really want it as these don’t seem to be stopping.


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[LittleGothamDragon]

seems wrong to me

[JP123]

Pay 10k extra for the white gold blue dial one. It’s a year old and with your maths you’re paying paying £18k for a £28k watch. I love mine :)

[3sheets86]

Originally Posted by JP123

Pay 10k extra for the white gold blue dial one. It’s a year old and with your maths you’re paying paying £18k for a £28k watch. I love mine :)

I don’t like the blue dial. The only other Daytona I like is the white gold on rubber strap.

[3sheets86]

Originally Posted by LooseCann0n

Interested in the update once you get a better deal - incidentally got offered just shy of £20k for mine (2018) from a purchaser last week as they have a client who wants to buy one - of course they take 9% fee.

Yes, if it goes any further i’ll Let you know. I guarantee that if I let my 116520 go they will instantly rocket in value.

[Navarino]

Prices aside, I support the trade in concept especially if you really want the current white DaytonaC.

That being said, I would not support the trade at these prices. I feel like you're getting shafted on both ends here (sale price for yours and buying price for theirs).

[3sheets86]

I don’t think an 116520 would command much more than £13,000 privately would it?

[3sheets86]

£8,000 to swap at Watch Club too.

[latchford9]

not me, no chance. Build a collection through a kind AD and bide your time...

[3sheets86]

I'm not going to bothering at £8,000, too much. I have a choice of nice a nice 5 digit sport, a 114060 on the grey market or even a polar exp II at list which I'm sure I could get.

£5-6,000 and I would have seriously considered it.

[AK797]

Originally Posted by 3sheets86

You're spot. All this came about because I wondered what they would offer for the Daytona outright, I don't wear often because all my watches have a black dial and are more practical, I do like it, I just don't love it anymore. WF initially offered £11,250-£11,800 which I thought was a bit mean so I didn't pursue it. I then received a personal email from a WF manager asking if they could do anything more so I just asked what a deal would look like against a white dial 116500LN and they came back with £13,000.
Tbh, I had never thought about it before as there is noway I'm ever going to pay £20k plus outright for a SS Daytona but it's got the cogs turning I must say. In my mind I thought £6,000 to change and that would have made me think long and hard, if closer to £5,000 is achievable I think I'd just go ahead.

WF are for easy deals not good deals any more, so if they want 8K then you can get 5K by shopping around or doing the deals yourself.

[3sheets86]

I’m not really a man for parting with something when I’ve had it a while. I always wonder if I’d regret selling my 116520 further down the line.