Buy New v Buy Older Pre-Owned

[Datejust10019]

Let's say you want to own an 18K gold Rolex Day-Date with a President bracelet. BNIB, the price is about $28,500. But you can purchase a pre-owned, gently worn (pre-1995 or so) Day-Date/President with its timeless, classic design for $10K here or elsewhere online.

Then you send the pre-owned DD/President to Rolex for overhaul servicing at a cost of maybe $1,500. At this point, you've got $11,500 in a pre-owned watch that brand new would cost nearly three times as much.

So what is the argument for buying brand new, unless you just have money to throw around?

[Mickey®]

Pre Owned...

$8400? Why don't I buy this or one like it??? One day I will wish I did..when they are 15k used.

http://www.ebay.com/itm/MENS-ROLEX-P...06%26rk%3D2%26

[Silvio Mosiello]

The 1990s DD DID had hollow links as the newer (2004+) DD use solid links thus effecting the price and MSRP

[Darlinboy]

Originally Posted by Silvio Mosiello

The 1990s DD DID had hollow links as the newer (2004+) DD use solid links thus effecting the price and MSRP

True, but still a bargain for vintage IMo.

[springer]

Mickey, that ebay Day Date watch looks pretty enticing.

[Mickey®]

Originally Posted by springer

Mickey, that ebay Day Date watch looks pretty enticing.

I know right?

[Chipmunk]

I'm getting a pre-owned DD very very soon

[mrarchiegoodwin]

Originally Posted by Datejust10019

Let's say you want to own an 18K gold Rolex Day-Date with a President bracelet. BNIB, the price is about $28,500. But you can purchase a pre-owned, gently worn (pre-1995 or so) Day-Date/President with its timeless, classic design for $10K here or elsewhere online.

Then you send the pre-owned DD/President to Rolex for overhaul servicing at a cost of maybe $1,500. At this point, you've got $11,500 in a pre-owned watch that brand new would cost nearly three times as much.

So what is the argument for buying brand new, unless you just have money to throw around?

I think there are at least 3 reasons to by the watch BNIB from an AD if money is not an issue. 1. Rolex registers you as the owner. 2. You are the first person to own the watch. 3. The memory of purchasing it from the AD will always be a part of your experience with the watch. If you decide to buy a Rolex at full price I recommend you go to the poshest AD for the full monty treatment.