Whats it worth?

[00pumpkin]

My old boss wants me to buy his SS White Daytona so he can fund a Patek purchase but I’m not sure what a good deal on it would be? I really shouldn’t be buying a watch right now but he has promised to make me a great deal so I have gotten the ok from my soon to be wife.

The watch was purchased new from an AD back in the Spring of 2011. It has the latest clasp and all the goodies. He has kept it in really good shape with nothing but minor scratches from everyday wear.

What do you think is a good price for this watch? I feel like it needs to be the deal of a lifetime, otherwise I shouldn’t pull the trigger.

[scarab007]

7k

[wrxsti]

$8-$9k range

[gwalker]

$10k or around there is about what they sell for all day long. IMHO at $9500 its a deal. I have no idea where the previous poster got $7k. I'd buy 5 right now at $7k a peice.

[perpetualman88]

9500-10,000
if its any higher than 10k walk

[mjclark32]

Originally Posted by wrxsti

$8-$9k range

I don't know much about Daytona prices, but a quick browse of the FS section I thought $8k would be a pretty good deal.

[bgbg13]

$10,000 is going rate. Take off that as you wish for your deal of a lifetime. I personally would say $7k is deal of limetime. If it's not in your budget walk, you said he wants to move it and needs you.

[tkc324]

If you can get it under 9k, its already a great deal. 7k-8k could be considered deal of a lifetime consider that its the newer model. Let us know what he end up selling it to you for?

[Kanger]

Originally Posted by scarab007

7k

Lol took the words "deal of a lifetime" too seriously.

[iamblue03]

A 2011 SS daytona is considered almost brand new. A brand new one costs 10950 before Tax. If you can snatch it with 9000-10000 is considered fair. If you can get it less than 9k you are very lucky.

[00pumpkin]

Yeah, I was really hoping for around $8000-8500. Only because its my old boss and I know money doesnt mean as much to him and he wants to sell it to me because he knows how much i love that watch.

[77T]

Originally Posted by 00pumpkin

Yeah, I was really hoping for around $8000-8500. Only because its my old boss and I know money doesnt mean as much to him and he wants to sell it to me because he knows how much i love that watch.

It's a tough question since he's your boss.
Anyone else, I'd offer $8000. But best to ask what he's hoping to get and then what his bottom line would be.

Personally $9,000 would be my tops.

[chicfarmer1]

Originally Posted by 00pumpkin

Only because its my old boss and I know money doesnt mean as much to him and he wants to sell it to me because he knows how much i love that watch.

Take the Rolex goggles off.

[gwalker]

Originally Posted by iamblue03

A 2011 SS daytona is considered almost brand new. A brand new one costs 10950 before Tax. If you can snatch it with 9000-10000 is considered fair. If you can get it less than 9k you are very lucky.

Msrp for the Daytonas are $11250.

[Sam Philip]

Any thing below $ 9500 would be a great deal

[Sweramic]

Originally Posted by Sam Philip

Any thing below $ 9500 would be a great deal

+1

[Rollie2011]

Originally Posted by sam philip

any thing below $ 9500 would be a great deal

+1

[Casey VP-26]

$9000 or under is a good deal.

[ManUtd]

IMO around $9k is a great deal.

[MortgageGuy]

Originally Posted by gwalker

$10k or around there is about what they sell for all day long. IMHO at $9500 its a deal. I have no idea where the previous poster got $7k. I'd buy 5 right now at $7k a peice.

Sounds like spot on advice. At 7k I would take 25 of them

[azguy]

The seller doesn't have a million options, selling it at a Pawn Shop or trading it on the watch he is funding is going to get him what $7,000-$7,500 tops

He could try and E-Bay it or sell it here but he has no feedback and maybe doesn't even have the time nor care to go to those lengths

I would say, "hey, I'm getting married, wasn't really in the market, but I talked with the soon to be wife and I can go $8,000 tops"............ then shut up and wait (have cash with you)

If you really want to go $500 more, that's up to you, but I wouldn't....

[up2nogood]

Ask him what he wants for it, you may be pleasantly surprised and avoid insulting a friend.

[renfield33]

Originally Posted by up2nogood

Ask him what he wants for it, you may be pleasantly surprised and avoid insulting a friend.

i would go with this approach. just like pawn stars... always ask what the seller wants first.

(then offer half LOL)

[gwalker]

Originally Posted by azguy

The seller doesn't have a million options, selling it at a Pawn Shop or trading it on the watch he is funding is going to get him what $7,000-$7,500 tops

He could try and E-Bay it or sell it here but he has no feedback and maybe doesn't even have the time nor care to go to those lengths

I would say, "hey, I'm getting married, wasn't really in the market, but I talked with the soon to be wife and I can go $8,000 tops"............ then shut up and wait (have cash with you)

If you really want to go $500 more, that's up to you, but I wouldn't....

I have yet to see anyone say they've purchased a newer Daytona for $8k. Not saying the seller wouldnt but im just sayig where are the $8k Daytonas? The OP said money for him isn't an issue so would he just cut his losses or since hes not in need of the money actually hold out and get close to what the watch is worth from a private sell? Could go either way really. A trusted seller would probably give $9k for one. I'm making bet depending on the AD the trade in will be more than your estimate. I was offered $6550 for my used SubC at Govberg in Philly if I wanted to trade it in on a new watch. I always thought you got screwed on the trade ins but found out you get more than you think atleast there. I was expecting a $5k offer.

[jolimont]

For Free, to your boss to include that in your bonus package for this year

[springer]

$9000 would be a good deal. Make the offer and see where it goes.

Good luck.

[garymyman]

Originally Posted by 00pumpkin

Yeah, I was really hoping for around $8000-8500. Only because its my old boss and I know money doesnt mean as much to him and he wants to sell it to me because he knows how much i love that watch.

He didn't get 'Patek Philippe rich' by giving all his money away. Some of the worst deals I've ever been offered have come from wealthy friends who thought they were offering a bargain.

Best

[dcash0615]

This would be my suggestion. He wants to sell it and offered to sell it to you at a good price. Simple ask what price he is thinking and go from there.

Originally Posted by up2nogood

Ask him what he wants for it, you may be pleasantly surprised and avoid insulting a friend.

[Monte Cristo]

in the for sale section the SS Daytona random is going for between 10k - 11k.
So IMO at 9k both you and your boss would be getting a good deal.

[ro1098s]

Originally Posted by iamblue03

A 2011 SS daytona is considered almost brand new. A brand new one costs 10950 before Tax. If you can snatch it with 9000-10000 is considered fair. If you can get it less than 9k you are very lucky.

Brand new for 11,250 usd