ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
30 January 2025, 02:18 PM | #1 |
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Any specific criteria besides age to qualify for certified pre-owned?
Couldn't find anything about criteria for a watch to be certified pre-owned outside of it needing to be a few years old. Is that really it, just a servicing, and it can be certified?
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30 January 2025, 02:42 PM | #2 |
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At least 3 yrs old and being way over priced are the criteria.
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30 January 2025, 05:17 PM | #3 |
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My understanding is that you sell to Rolex, then they get it serviced at RSC, and call it CPO. Also, at least 3 years old is correct. When they sell it, it comes in a nice Rolex service pouch, with a 2 year warranty card. As mentioned, it’s probably priced higher than current market value.
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30 January 2025, 06:36 PM | #4 |
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next year we will see a lot of 126500 daytona available for walk in customers at AD as CPO, at 25% over grey market price.
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30 January 2025, 06:53 PM | #5 |
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I believe Rolex are trying to have their ADs as stand alone or 95% sales of Rolex watches, so this CPO is the goose that paid the golden egg for them, you walk in get told long wait list for watch you want but you can look at some 3 year old models, my AD says it’s a huge part of their sales so someone must be interested in it, there are of course pros and cons, Higher prices, but you get serviced watch, checked, two year warranty …
I look at grey prices and some sellers on here, I find those prices somewhat high, so it’s all down to each individual what they want more …
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30 January 2025, 07:54 PM | #6 |
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30 January 2025, 09:28 PM | #7 |
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30 January 2025, 09:39 PM | #8 |
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Is it possible to sell it to Rolex and fetch 25% higher than grey market?
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31 January 2025, 03:55 AM | #9 |
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31 January 2025, 05:49 AM | #10 |
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IMHO, CPO is for impulse buyers. It works. But as stated only a service pack and 2 year warranty come with. Priced too high. If you have a trusted GM dealer you get boxes and papers that were original to the AD sale. Good continuity.
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31 January 2025, 05:53 AM | #11 |
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31 January 2025, 06:03 AM | #12 |
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I cross checked a reference another member just said they purchased CPO (see the other thread for an Explorer II)… 1916 Company sells that reference as CPO at parity or below the price offered by a popular “Trusted Seller” on here. So zero premium.
They also are selling with the box plus you get the confirmation of a recent service and two year warranty. Greater validation even than the reputation of grey dealers. Can’t believe I have to write that lol. Let’s just be real here… someone needs to do the work to find the best value. Sometimes that absolutely will be CPO. Most times not, true… A Cartier I sourced from a Trusted Dealer here needed a service done (stopped)… after I wore the watch maybe 20 times over 8 months. I am fine with that but let’s not pretend there isn’t value here - and when you move away from hype pieces, the Rolex CPOs can be compelling. |
31 January 2025, 06:51 AM | #13 |
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I thought "we" can be any age as long as we have the money. LOL
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31 January 2025, 07:13 AM | #14 |
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I was pricing 16710 and 16700 GMT's last December. My local AD CPO had multiple and they were priced "only" 20% above what I found the gray/aftermarket fair market value to be. And if you calculate in the $850 value of a service it would be more like 15% above gray FMV. That's high but not crazy high. In my opinion anyway. For many people the assurance of getting a 100% authentic Rolex with a reliable 2 year warranty is worth it.
That said, I was at a different CPO AD last summer and they had a 126710 ceramic Pepsi for sale at 40% over gray FMV. Definitely not worth it in that case. |
31 January 2025, 07:40 AM | #15 | |
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Quote:
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31 January 2025, 07:52 AM | #16 | |
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They can submit any Rolex over 3 years old to be certified. After that, the watch will need to go through the process and meet Rolex criteria for fit, finish, and authenticity; it then gets a new warranty, box, and accessories. Customers can't do anything with the program except buy one of the certified watches.
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31 January 2025, 10:41 AM | #17 |
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Rolex’s CPO program is the ultimate power move—with a twist. It guarantees that pre-owned Rolex watches meet the brand’s high standards, reinforcing the legendary longevity that makes Rolex a generational timepiece. More importantly, it allows Rolex to recertify its watches long after they’ve already profited from the initial sale, turning recertification into a lucrative revenue stream. At the same time, it strengthens ADs’ position in the secondary market. All in all, a brilliant strategy.
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1 February 2025, 02:51 PM | #18 | |
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Yesterday, 07:01 AM | #19 |
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Would imagine if it’s serviceable and doesn’t need ludicrous repairs, harming margins they’ll take it. I mean their margins are ludicrous anyway so they can certainly swallow expensive repairs.
I must say as an aside I thought cpo would be a force for good: provide some stability and certainty in the used market as I naively thought there might be some central price guidance. How wrong I was. Sent from my iPhone using Tapatalk |
Yesterday, 07:15 AM | #20 |
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I guess this goes back to my question, does the watch go to Rolex at all, or is this guided completely by the AD....?
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Yesterday, 08:10 AM | #21 | |
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Yesterday, 08:12 AM | #22 |
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Yesterday, 08:30 AM | #23 |
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Thank you, there was not much info on the actual process. That's a lot more reassuring than a guy at the AD approving whatever over polished damaged watch and just servicing it and slapping cpo on it.
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Yesterday, 10:58 AM | #24 | |
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Yesterday, 11:00 AM | #25 |
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No, that is not the case.
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Yesterday, 01:58 PM | #26 |
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So it's not necessarily done by Rolex themselves then, could be by the AD.... So there's no real criteria or regulations then for whar qualifies outside of a few years old.
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Yesterday, 02:17 PM | #27 |
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Look, I don’t want to get into an argument here but two CPO ADs have told me that the service is done locally by the purchasing CPO AD and then the watch is returned to Rolex to verify condition, undergo certification (however that may be defined) and then returned to the CPO AD with CPO box, pouch and warranty card for eventual sale. I was told this by a Rolex certified watchmaker at one CPO AD and a sales rep who I’ve purchased two CPO watches from at another AD (1916 Company). Furthermore the the SA at 1916 told me twice that I could return the CPO watch if unworn but they charged a $500 restocking fee because the new CPO warranty card is registered at the time of sale and if the watch is returned by the customer to the selling AD then it has to go back to Rolex to verify condition again and for recertification and a new warranty card that can be dated and registered for the subsequent sale.
Again, not trying to poke anyone with a sharp stick I am just sharing my lived experience. |
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