The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > General Topics > Open Discussion Forum

Reply
 
Thread Tools Display Modes
Old 13 December 2020, 03:41 AM   #1
Mr. Miami
"TRF" Member
 
Join Date: Dec 2019
Location: United States
Posts: 881
Buying Preowned Watches.....

My question is do you look for a preowned watch only a few years old or do you not care? Just want some comments . I made my descion about what Patek i want and i know where i’m going to get it from. but i want it to be 2-3 years old. didn’t know if anyone else cared?
__________________
Time is Money.
Mr. Miami is offline   Reply With Quote
Old 13 December 2020, 03:45 AM   #2
Going2California
"TRF" Member
 
Join Date: Jul 2020
Location: Las Vegas
Posts: 10
Obviously the newer the better, and there is practically no difference in price between a 2-3 years old watch and one months old in the same condition. The advantage of the younger one is that you don't have to service it so soon.
Going2California is offline   Reply With Quote
Old 13 December 2020, 04:12 AM   #3
PBJ1925
2024 Pledge Member
 
PBJ1925's Avatar
 
Join Date: Nov 2020
Real Name: Jay
Location: Bay Area, CA
Watch: 326934
Posts: 2,319
A couple things to consider when getting a Preowned.

1) Date of the last service. Many preowned dealers will offer a 1 year in house warranty on the movement, but something to consider if its last service is close to 10 years. You may want to factor in that potential cost to your purchase price.

2) For myself, I prefer to buy a preowned a couple years into that particular generation. Somewhat like cars, I figure a couple years in they worked out any initial kinks.

With that said, I generally prefer to purchase a late model pre-owned still under the original manufacturer warranty unless it just came back from a factory service.
PBJ1925 is offline   Reply With Quote
Old 13 December 2020, 05:50 AM   #4
Mr. Miami
"TRF" Member
 
Join Date: Dec 2019
Location: United States
Posts: 881
Quote:
Originally Posted by Going2California View Post
Obviously the newer the better, and there is practically no difference in price between a 2-3 years old watch and one months old in the same condition. The advantage of the younger one is that you don't have to service it so soon.
thanks!
__________________
Time is Money.
Mr. Miami is offline   Reply With Quote
Old 13 December 2020, 05:52 AM   #5
Mr. Miami
"TRF" Member
 
Join Date: Dec 2019
Location: United States
Posts: 881
Quote:
Originally Posted by poweredbyjae View Post
A couple things to consider when getting a Preowned.

1) Date of the last service. Many preowned dealers will offer a 1 year in house warranty on the movement, but something to consider if its last service is close to 10 years. You may want to factor in that potential cost to your purchase price.

2) For myself, I prefer to buy a preowned a couple years into that particular generation. Somewhat like cars, I figure a couple years in they worked out any initial kinks.

With that said, I generally prefer to purchase a late model pre-owned still under the original manufacturer warranty unless it just came back from a factory service.
I gotcha. yeah the grey who has the 5167a patek i want only has a 2014 and that’s to old for me. not like i need a current year but 209/2018 would be good. still a bit away from purchasing but just doing my homework.
__________________
Time is Money.
Mr. Miami is offline   Reply With Quote
Old 14 December 2020, 01:32 AM   #6
Watchflair
2024 SubLV41 Pledge Member
 
Watchflair's Avatar
 
Join Date: May 2012
Real Name: Jim
Location: Westchester NY
Watch: Love em all
Posts: 5,920
Newer the better but ok with an older piece with proper service history and in good running order.


Sent from my iPhone using Tapatalk
__________________
Remember what matters. Value everyday
Watchflair is offline   Reply With Quote
Old 14 December 2020, 01:43 AM   #7
Blansky
2024 Pledge Member
 
Blansky's Avatar
 
Join Date: Feb 2013
Location: swmnpoolsmovie*
Posts: 9,809
Almost every watch I've ever bought is pre-owned which add up to around maybe 40.

Some watches models are only available in a few year period and if you want that model then you just look for ones in the best possible condition. When you buy used you have to mentally factor in the fact you may need to service it although I have only had that happen twice, one a disaster that worked out wonderfully and the other I just bit the bullet and had it done, twice.

I bought most of my watches used from ebay, Chrono 24, and forums and never had a problem with fraud etc and a few from online sellers which is usually more expensive BUT they usually have a warranty which gives some piece of mind. And the fact that they probably won't be selling fakes which is a big thing.

All that being said, I don't own precious metal watches, and most of my watches were bought for under 7 thousand and in fact usually 3-5 thousand. My theory on all this is, if I can't afford to lose the money entirely, don't do the deal, instead buy new from an AD or people like WatchBox. But I've had pretty good luck with my method.

Good luck and have fun in the hobby/madness.
__________________
OlllllllO
Blansky is offline   Reply With Quote
Old 14 December 2020, 03:50 AM   #8
emtee
"TRF" Member
 
Join Date: Dec 2017
Real Name: Matt
Location: UK
Posts: 1,251
Wait a second, are you planning on buying a Patek 5167A? You should mention this in more posts.
emtee is online now   Reply With Quote
Old 14 December 2020, 03:55 AM   #9
jrs146
"TRF" Member
 
jrs146's Avatar
 
Join Date: Aug 2011
Real Name: Josh
Location: Lost in time
Watch: Me Nae Nae
Posts: 9,823
I prefer new from AD. But if I’m buying preowned I want it to be as new as possible. This is relative for current production watches of course. I have bought a few used over the year from friends and that helps a bit because I know the history of the watch.


Sent from my iPhone using Tapatalk
__________________
"Sometimes the songs that we hear are just songs of our own."
-Jerome J. Garcia, Robert C. Hunter
jrs146 is offline   Reply With Quote
Old 14 December 2020, 06:33 AM   #10
GradyPhilpott
2024 SubLV41 Pledge Member
 
GradyPhilpott's Avatar
 
Join Date: Sep 2008
Location: New Mexico
Watch: Seiko #SRK047
Posts: 34,460
Find someone local, who deals in used watches, has a good reputation, and who provides solid warranties for his products.

That model has worked for me.
__________________
JJ

Inaugural TRF $50 Watch Challenge Winner
GradyPhilpott is offline   Reply With Quote
Old 14 December 2020, 12:09 PM   #11
ltmgeller
2024 SubLV41 Pledge Member
 
ltmgeller's Avatar
 
Join Date: Aug 2012
Real Name: Mike
Location: New York
Watch: Rolex
Posts: 22,585
I purchase preowned when I know the source, its a watch I've been looking for, or a deal too good to pass up.
__________________
Oh, look at the time...
Official Member: 'WIS-CON' Las Vegas International GTG 2019
ltmgeller is offline   Reply With Quote
Old 14 December 2020, 12:55 PM   #12
wantonebad
2024 SubLV41 Pledge Member
 
wantonebad's Avatar
 
Join Date: Nov 2007
Location: USA
Watch: 126600, 116500LN
Posts: 12,849
It doesn't matter one bit with PP
__________________
"I'm kind of a big deal...
on a fairly irrelevant social media site
that falsely inflates my fragile ego"
wantonebad is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.