ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
19 May 2011, 03:56 AM | #1 |
"TRF" Member
Join Date: Feb 2010
Real Name: Alvin
Location: So Cal
Watch: ROLEXES
Posts: 5,390
|
Is it really worth buying pre-loved..........
if the price difference is $500 or less? I bought a BNIB random serial 16610 last year for $5.5k and now I'm
seeing Mint 16610 V serial selling for $5.8k. I also purchased a pre-loved D serial 16710 (Pepsi) a year ago and now I see the same watch selling for $300-400 more. The new 42mm ExpII is currently priced @ $7750. Do you see this watch selling for less than it's current price 3-4years from now? A lot of people are saying to buy pre-loved but I believe BNIB is the way to go unless you are buying an old/beat up Rolex that is ridiculously under priced. Let me hear your thoughts, gentlemen!
__________________
"A thing of beauty is a joy forever"............John Keats |
19 May 2011, 03:58 AM | #2 |
"TRF" Member
Join Date: Mar 2011
Real Name: John
Location: Palm Beach, FL
Watch: Sub-C + Exp 42
Posts: 1,654
|
For me, I always buy BNIB.
For some people that is not an option. I am buying these to wear until I pass it down to my son. I prefer to be the sole owner |
19 May 2011, 03:58 AM | #3 | |
"TRF" Member
Join Date: Nov 2010
Location: San Francisco, Ca
Watch: Oyster Perpetual
Posts: 1,629
|
Considering the $700 to $1,000 price to service a used watch, it makes more sense to buy brand new.
Quote:
|
|
19 May 2011, 04:03 AM | #4 |
2024 SubLV41 Pledge Member
Join Date: Dec 2009
Real Name: Bob
Location: U.S.A.
Watch: 1655
Posts: 64,002
|
Depends on the deal.
__________________
Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
19 May 2011, 04:03 AM | #5 | |
2024 SubLV41 Pledge Member
Join Date: Jan 2008
Real Name: Gary
Location: Bozeman, MT
Watch: 126508 Paul Newman
Posts: 7,835
|
Quote:
|
|
19 May 2011, 04:03 AM | #6 |
Banned
Join Date: Jan 2009
Real Name: Mark-O!
Location: Arlington, TX
Watch: Rolex
Posts: 12,714
|
If it's only a difference of $500 or less, then no, it's not worth it, because that won't even cover the service cost should it require one. Now if it's 3-4k less than NIB, like what you see frequently from our trusted sellers here, then hell yeah it's worth it!
|
19 May 2011, 04:07 AM | #7 |
"TRF" Member
Join Date: Mar 2010
Real Name: Raf
Location: NJ
Watch: GMTII
Posts: 2,155
|
I never absorb depreciation...I let someone else do it. The only way I would buy BNIB is if the deal were too good to be true, which it rarely is.
|
19 May 2011, 04:07 AM | #8 |
"TRF" Member
Join Date: Mar 2009
Real Name: Jason
Location: USA
Watch: Rolex/Tudor Divers
Posts: 7,973
|
Unfortunately, for us Curmudgeons..............
Rolex is not making our models anymore, so yes it is worth it to buy Pre-loved since the ceramic has reared its ugly head. Down with bloated lugs and ceramic!
__________________
Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
19 May 2011, 04:10 AM | #9 | |
2024 SubLV41 Pledge Member
Join Date: Dec 2009
Real Name: Bob
Location: U.S.A.
Watch: 1655
Posts: 64,002
|
Quote:
Hallelujah......testify brother J Bah humbug!
__________________
Founder & Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
|
19 May 2011, 04:12 AM | #10 |
"TRF" Member
Join Date: Feb 2010
Real Name: Alvin
Location: So Cal
Watch: ROLEXES
Posts: 5,390
|
Do you guys think we can realistically expect to see a discount on the "curmudgeon approved 42mm EXPII"
a couple of months-years from now?
__________________
"A thing of beauty is a joy forever"............John Keats |
19 May 2011, 04:12 AM | #11 |
"TRF" Member
Join Date: Nov 2010
Real Name: Mark
Location: San Diego
Watch: 116500
Posts: 255
|
I have 4 watches purchased brand new from AD and one bought here on TRF with very late serial number. Servicing costs can quickly eat into savings. YMMV.
|
19 May 2011, 04:16 AM | #12 | |
"TRF" Member
Join Date: Mar 2009
Real Name: Jason
Location: USA
Watch: Rolex/Tudor Divers
Posts: 7,973
|
Quote:
My 16700 ran me at ~$3,100 shipped -- having a fresh service less than a year ago. I dunno.........I think I did better than new from an AD.
__________________
Best Regards, Jason Just Say "NO" to Polishing Card-Carrying Member of the Global Association of Retro-Grouch Curmudgeons LIfe is too short to wear inexpensive watches PLEXI IS SEXY |
|
19 May 2011, 04:24 AM | #13 |
"TRF" Member
Join Date: Mar 2011
Real Name: Mark
Location: Bonny Scotland
Watch: 14060M Sub (cosc)
Posts: 5,280
|
X2
This curmudgeon, for one, certainly does NOT approve of it being 42mm!
__________________
Don't mind me. I'm full of scotch, bitterness and impure thoughts! "You have enemies? Good! That means you stood up for something, sometime in your life." Sir Winston Leonard Spencer-Churchill KG, OM, CH, TD, PC, DL, FRS. |
19 May 2011, 05:04 AM | #14 |
Banned
Join Date: Nov 2009
Location: On Earth
Watch: A Few
Posts: 1,510
|
|
19 May 2011, 05:30 AM | #15 |
"TRF" Member
Join Date: Jan 2008
Real Name: Martin
Location: UK
Posts: 7,023
|
I would always buy second hand, that pre-loved business sounds dodgy
|
19 May 2011, 05:44 AM | #16 |
Banned
Join Date: Feb 2008
Location: Florida, Canada
Watch: Rol/Seik/Tud/Omega
Posts: 30,244
|
I always buy new, just the way I am. But it seems to make sense to buy LNIB.
|
19 May 2011, 05:52 AM | #17 |
Member
Join Date: Jul 2010
Real Name: Jeremy
Location: Toronto, Ontario
Watch: 16610 V
Posts: 511
|
|
19 May 2011, 05:55 AM | #18 |
"TRF" Member
Join Date: Dec 2010
Location: US
Watch: 1680 Red & 16622
Posts: 2,449
|
This is kind of the way I look at it. To me it's a good feeling to know that your watch is still worth what you paid for it, unlike BNIB... and if you buy from a trusted seller, you still have that peace of mind feeling.
|
19 May 2011, 06:21 AM | #19 |
"TRF" Member
Join Date: May 2009
Real Name: Brandon
Location: Toronto, ON
Watch: 116234
Posts: 4,150
|
I only currently own one Rolex but I have the same point of view. My first was BNIB and my next will be BNIB as well.
__________________
116234 - Blue Concentric Dial - Fluted Bezel - Oyster Bracelet Tudor Black Bay 54 - Rubber Strap |
19 May 2011, 06:31 AM | #20 |
"TRF" Member
Join Date: Oct 2009
Real Name: Myron
Location: New York
Watch: GMT IIC; Sub Date
Posts: 3,166
|
Depends. For a $500 difference, no. The reason for the increase in pre-loved prices is that the BNIB prices have gone up signifantly this year. The gap is still about the same.
__________________
|
19 May 2011, 06:42 AM | #21 |
Member
Join Date: Oct 2008
Real Name: Chuck Norris
Location: So. California
Watch: SS Daytona w/ dial
Posts: 346
|
In some cases I would say yes ,take the sub for example, a sub-c from a AD will run you about 8k and if you compare it to the old style 16610 you can probably get one for around 5k.
That's a drastic difference and. I would do it if I had to absolutely had to own one. |
19 May 2011, 06:50 AM | #22 |
"TRF" Member
Join Date: Nov 2009
Real Name: Andreas
Location: Margaritaville
Watch: Smurf
Posts: 19,879
|
__________________
Yeah, well, you know, that's just, like, your opinion, man. |
19 May 2011, 08:29 AM | #23 |
"TRF" Member
Join Date: Oct 2010
Real Name: Ari
Location: Florida
Watch: ...me go broke
Posts: 2,428
|
Well I had spoken to a somewhat friendly AD a few days before the hike about a deal on a Sub-C, he was unable to do anything for me, it would have been full retail plus tax. I lucked out and discovered a trusted seller here who is semi local had a BNIB C, so I saved $500 off the pre-hike retail, plus 3 days later, the hike made my BNIB C another $700 cheaper.
And, the Sub is clearly BNIB. Bought from a FL AD, 3 weeks ago, stamped, named, dated, all plastic in place. If I bought it from my AD today, I'd pay about $1700 more (with tax). And that's why if I ever sell, I shouldn't lose a cent. Reminds me of the thread asking the question: "are submariners free to wear?". :) |
19 May 2011, 08:51 AM | #24 |
"TRF" Member
Join Date: Jun 2009
Real Name: Adam
Location: Orlando, Florida
Watch: Me
Posts: 9,935
|
Well for $500 I would say no... HOWEVER I think you can do MUCH better than $500 here from some of the trusted sellers I have NEVER saved a minimal $500, in fact in the last week I have purchased a PEPSI, SD 16600 and a White Face Daytona... Could not have gotten any of these from my AD let alone save $$$ on them
I for one am very happy with the TRF sellers I have dealt with and will continue to do business with them... Just depends on the situation I guess but it is so easy to just wire some cash and have a new watch the next day without having to leave your home/office IMO... Now find be an AD with great prices, a large selection of pre owned inventory that delivers and I am all in
__________________
The richest people in the world look for and build NETWORKS, Everyone else looks for work... Robert Kiyosaki |
19 May 2011, 09:44 AM | #25 | |
Vacated
Join Date: Nov 2009
Real Name: Marc
Location: Connecticut
Watch: PAM 111 'N'
Posts: 2,558
|
Quote:
Plus- I got my Pepsi for a heck of a deal...complete for around 4k- it's keeping time so far at -2 seconds a day...not too shabby for "pre-loved"!
__________________
NAWCC Member Card Carrying Member of the Global Assoc. of Retro-Grouch-Curmudgeons Executive Dorklehead |
|
19 May 2011, 09:49 AM | #26 | |
"TRF" Member
Join Date: Mar 2011
Real Name: John
Location: Palm Beach, FL
Watch: Sub-C + Exp 42
Posts: 1,654
|
Quote:
I haven't seen any pics!! |
|
19 May 2011, 09:51 AM | #27 |
"TRF" Member
Join Date: Sep 2008
Location: singapore
Posts: 6,424
|
I've always bought brand new, or at the very least BNIB. Although I appreciate there can be significant cost savings when buying secondhand, it's not for me.
|
19 May 2011, 09:53 AM | #28 |
"TRF" Member
Join Date: Jul 2009
Location: Alberta, Canada
Posts: 921
|
Absolutely!
__________________
Keith |
19 May 2011, 10:12 AM | #29 |
"TRF" Member
Join Date: Dec 2006
Location: Australia
Posts: 504
|
|
19 May 2011, 10:18 AM | #30 |
"TRF" Member
Join Date: Mar 2011
Real Name: Pierre
Location: Spain/Canada
Watch: and learn...
Posts: 533
|
it depends what you buy...
My wife wanted a TT DJ. I bought her a pre-loved one and the Trusted Seller had it serviced and replaced the crystal and I bought it for about 1/4 the price of a new one. I don't think my wife could love a watch any more than she loves this one. In that case, it WAS worth it. On the other hand, I bought my father a B-day gift (a BNIB AK). I couldn't even think of buying him a pre-loved. |
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
|
|
*Banners
Of The Month*
This space is provided to horological resources.