My Rolex CPO experience

[Kevin of Larchmont]

The CPO market is the AD’s Rolex-sanctioned opportunity to participate in the free market. Prices, inventory and availability will vary to a certain extent although the baseline prices seem remarkably consistent as they often do in a free market.

[APhound]

Originally Posted by Llamathurst

I just picked up this DJ2 today. About 100 bucks or so more than gray. It was perfectly restored or reconditioned or whatever they did.

Now that makes sense. Nice watch and nice buy.

I saw someone post a platinum Daytona cpo in another thread and got me thinking, I never have to pay tax when I buy used watches from greys. A small premium for cpo makes sense but by the time you add tax it’s probably a deal breaker for me.


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[Llamathurst]

Originally Posted by APhound

Now that makes sense. Nice watch and nice buy.

I saw someone post a platinum Daytona cpo in another thread and got me thinking, I never have to pay tax when I buy used watches from greys. A small premium for cpo makes sense but by the time you add tax it’s probably a deal breaker for me.


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Fortunately, I live in a tax free state. It saved me significant money on watches over the years.

[dcorn]

Glad to hear the experience was a positive one.

Originally Posted by APhound

I saw someone post a platinum Daytona cpo in another thread and got me thinking, I never have to pay tax when I buy used watches from greys. A small premium for cpo makes sense but by the time you add tax it’s probably a deal breaker for me.

This is a great point.

I was also searching for a 16570 for the last few months, 2000-2003 model for me as I wanted lug holes. I was definitely considering CPO since there are a decent number of stores near the DC area. The lowest price I saw anywhere was $8950 for CPO. Grey prices varied from low 8s for great condition with B&P down to below $6k for banged up models with no accessories. Even with the service and warranty, it was way too much of a premium.

Ended up snagging an absolutely perfect condition example with original papers and a 2022 RSC service for low $7s from Tropical Watch. I'm sure it has been polished either by RSC or the vendor, but it looked damn near brand new. Saved myself $1500 by waiting and searching a bit, even more with not paying tax.

[rolph]

Polishing can be a double edged sword, while it might enhance the appearance.