The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 19 February 2020, 12:43 AM   #1
1791
"TRF" Member
 
Join Date: Feb 2020
Location: USA
Posts: 62
Do Rolex authorizes dealers take Rolex watch in trade?

Just wondering if Rolex trade ins were possible.
1791 is offline   Reply With Quote
Old 19 February 2020, 12:44 AM   #2
beshannon
"TRF" Member
 
beshannon's Avatar
 
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
Depends
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock
beshannon is offline   Reply With Quote
Old 19 February 2020, 12:44 AM   #3
MattyL147
"TRF" Member
 
Join Date: Jul 2014
Location: USA
Posts: 1,207
Depends on the AD, but yes.
MattyL147 is offline   Reply With Quote
Old 19 February 2020, 12:44 AM   #4
joli160
2024 SubLV41 Pledge Member
 
joli160's Avatar
 
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,757
Up to the individual AD
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711.
joli160 is offline   Reply With Quote
Old 19 February 2020, 12:50 AM   #5
HogwldFLTR
2024 ROLEX SUBMARINER 41 Pledge Member
 
HogwldFLTR's Avatar
 
Join Date: Aug 2012
Real Name: Lee
Location: 42.48.45N70.48.48
Watch: Too many to list!
Posts: 33,693
Some even guarantee a buy back at sold cost on up grades. Check your local AD's policy.
__________________
Troglodyte in residence!

https://www.rolexforums.com/showthread.php?t=808599
HogwldFLTR is offline   Reply With Quote
Old 19 February 2020, 12:52 AM   #6
denmanproject
"TRF" Member
 
denmanproject's Avatar
 
Join Date: Jan 2015
Real Name: Wayne
Location: Canada
Posts: 4,407
Some will but expect to take a big hit
denmanproject is offline   Reply With Quote
Old 19 February 2020, 01:09 AM   #7
Woody
"TRF" Member
 
Woody's Avatar
 
Join Date: Aug 2006
Location: Africa
Posts: 1,127
Many do but in my experience it is not a good option, particularly if you are looking to trade a current production model. The trade-in prices offered are often very low.....but as others have said your AD may have a special buy-back policy, although personally I have only ever seen such arrangements offered by pre-owned sellers. At the end of the day there is no harm in asking .
Woody is offline   Reply With Quote
Old 19 February 2020, 01:37 AM   #8
adawil2002
2024 Pledge Member
 
adawil2002's Avatar
 
Join Date: Dec 2014
Real Name: Andrew Wilson
Location: Brunswick, Maine
Watch: 16550 Explorer II
Posts: 1,773
Mine did, traded a TT ladies diamond & Jubilee face for a Milgauss Z-Blue & a pre-owned midsize SS for my wife, plus cash.
Attached Images
   
__________________
6284 SS, 16014 SS Jubilee silver stick, 16253 TT Blue Thunderbird, 16550 SS Exp II Cream, bought in 1986, 116400GV Z-blue Milgauss, 79260 Tudor, 116660 DSSD-Blue, 116500LV Daytona White, 116710 BLNR, 326934 Blue Skydweller
adawil2002 is offline   Reply With Quote
Old 19 February 2020, 01:45 AM   #9
schoolboy
Banned
 
Join Date: Nov 2017
Real Name: Jesus
Location: Texas
Watch: 116234
Posts: 8,721
The one in my town does

They will lowball you though, so be careful!
schoolboy is offline   Reply With Quote
Old 19 February 2020, 01:46 AM   #10
schoolboy
Banned
 
Join Date: Nov 2017
Real Name: Jesus
Location: Texas
Watch: 116234
Posts: 8,721
Quote:
Originally Posted by denmanproject View Post
Some will but expect to take a big hit


Agree
schoolboy is offline   Reply With Quote
Old 19 February 2020, 01:52 AM   #11
samson66
2024 ROLEX SUBMARINER 41 Pledge Member
 
samson66's Avatar
 
Join Date: Jul 2013
Real Name: Mike
Location: Downy Ocean Hon
Watch: my money leaving!
Posts: 13,792
Some AD's sell secondhand watches as well as new stock. They will take trades. AD's that don't sell used watches generally will not.
samson66 is offline   Reply With Quote
Old 19 February 2020, 02:23 AM   #12
DtownRRS
2024 SubLV41 Pledge Member
 
DtownRRS's Avatar
 
Join Date: Jun 2018
Location: SE PA USA
Watch: GMT/SUB/Daytona
Posts: 869
Yes, mine did. My wife had an older 26mm she never wore and told me on my next watch just take it in as a trade in. Worked out fine.
DtownRRS is offline   Reply With Quote
Old 19 February 2020, 02:25 AM   #13
037
2024 Pledge Member
 
037's Avatar
 
Join Date: Feb 2018
Location: USA
Posts: 6,173
Quote:
Originally Posted by beshannon View Post
Depends
They're like Huggies for adults.
037 is offline   Reply With Quote
Old 19 February 2020, 02:26 AM   #14
Jona
Banned
 
Join Date: May 2019
Location: USA
Watch: 116618LN
Posts: 1,399
My AD used to take trades but not resell them. Not sure where they unloaded them. Offers very low. Lately, probably due to the low supply, they started reselling the trades. Offers are better now. They "clean up" the trades and price them high. Business...they offer $6k for a 16600 and price it for $9k.
Jona is offline   Reply With Quote
Old 19 February 2020, 02:28 AM   #15
Calatrava r
2024 SubLV41 Pledge Member
 
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,417
Most do but my experience has been very bad. Gives lowballing a new name. You are always better selling your watch to a reliable used watch dealer who makes a market in the watches to get the best price. Many of the ADs are actually reselling their trade ins to used watch dealers and making a profit for doing so.
Calatrava r is offline   Reply With Quote
Old 19 February 2020, 02:45 AM   #16
scottwmitch
"TRF" Member
 
Join Date: Dec 2016
Location: USA
Posts: 649
My AD does. They told me they will buy it at about 30% less than market value.
scottwmitch is offline   Reply With Quote
Old 19 February 2020, 03:05 AM   #17
Yess
"TRF" Member
 
Yess's Avatar
 
Join Date: Jan 2020
Location: Good Hope
Watch: 124060
Posts: 1,596
Best to equate Rolex with Car - and think about trading your old car in on a new car. You're never going to win, break even, or even feel like it was a fair deal when you compare the deal to selling your car (Rolex) privately.
Yess is offline   Reply With Quote
Old 19 February 2020, 03:52 AM   #18
Batmannr1
"TRF" Member
 
Batmannr1's Avatar
 
Join Date: Aug 2018
Real Name: Martijn
Location: AmsRio
Watch: On the left wrist
Posts: 733
Do Rolex authorizes dealers take Rolex watch in trade?

Yes, even if they do not sell pre-owned watches in their shop. Other channels to unload them. ADs often have an interest in or familly members at grey dealers. As long as they make a few $$, they will do trade-ins
Batmannr1 is offline   Reply With Quote
Old 19 February 2020, 03:55 AM   #19
Harry-57
2024 Pledge Member
 
Harry-57's Avatar
 
Join Date: Apr 2018
Real Name: Harry
Location: England
Posts: 10,669
Mine does. I believe most do.
Harry-57 is offline   Reply With Quote
Old 19 February 2020, 03:59 AM   #20
Tools
TRF Moderator & 2024 SubLV41 Patron
 
Tools's Avatar
 
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,514
Ben Bridge and a few other big names do take in trades.

They send them to their Service Center in the Seattle area, then send them around in their Time-and-Time Again tours/sales campaign.
__________________
(Chill ... It's just a watch Forum.....)
NAWCC Member
Tools is offline   Reply With Quote
Old 19 February 2020, 04:19 AM   #21
1791
"TRF" Member
 
Join Date: Feb 2020
Location: USA
Posts: 62
Ok, thanks for the info. I didn't think they did. So I'll keep that in mind.
1791 is offline   Reply With Quote
Old 19 February 2020, 04:42 AM   #22
DonRickles
Banned
 
Join Date: Jan 2020
Real Name: Don
Location: Vegas Nite Club
Watch: Your mouth
Posts: 2,315
Like a 40 yr old Explorer?

You said trade. What are you hoping to receive in said trade?
DonRickles is offline   Reply With Quote
Old 19 February 2020, 04:49 AM   #23
Oldwoods
"TRF" Member
 
Join Date: May 2018
Location: Scotland
Watch: Rolex Hulk
Posts: 495
My AD does but they have to be at least 1 year old (same for Tudor apparently) for them to do a deal.
__________________
Enjoying: Daytona, Submariner Hulk, Bluesy, Seadweller, Explorer, White Milgauss, DJ41 fluted and mint green. Oyster Perpetual 41 green dial, Oyster Perpetual 39 grape dial, Oyster Perpetual 41 Celebration dial, Tudor BB Harrods edition, Tudor BB 41 Burgundy (metas edition).
Oldwoods is offline   Reply With Quote
Old 19 February 2020, 05:19 AM   #24
173rdabn
2024 SubLV41 Pledge Member
 
Join Date: Jan 2013
Real Name: George
Location: Cape Cod
Watch: 216570 Explorer II
Posts: 2,421
They're nuts if they don't. they buy at wholesale and sell at retail. Same as a new car dealer with a used car. Money to be made.
173rdabn is offline   Reply With Quote
Old 19 February 2020, 06:02 AM   #25
77T
2024 SubLV41 Pledge Member
 
77T's Avatar
 
Join Date: Dec 2010
Real Name: PaulG
Location: Georgia
Posts: 42,014
Quote:
Originally Posted by 173rdabn View Post
They're nuts if they don't. they buy at wholesale and sell at retail. Same as a new car dealer with a used car. Money to be made.


Some ADs don’t have an estate watch case to separate their pre-owned inventory so they don’t have a way to retail them.


Sent from my iPhone using Tapatalk Pro
__________________


Does anyone really know what time it is?
77T is online now   Reply With Quote
Old 19 February 2020, 07:36 AM   #26
1791
"TRF" Member
 
Join Date: Feb 2020
Location: USA
Posts: 62
Quote:
Originally Posted by DonRickles View Post
Like a 40 yr old Explorer?

You said trade. What are you hoping to receive in said trade?
Yes, a Explorer 1016 ser #57xxxx. I was considering a new sports model, Explorer or Submariner. The AD's in my area all had the same story. I'm not getting on a wait list. So I sent it in for service. Now it looks/runs great. I'm in no rush. I'll check back now and then.
1791 is offline   Reply With Quote
Old 19 February 2020, 08:19 AM   #27
GMT Aviator
2024 SubLV41 Pledge Member
 
GMT Aviator's Avatar
 
Join Date: Dec 2015
Real Name: Mike
Location: London
Posts: 3,318
My AD is part of a larger group. Whilst the group have a policy on pricing a watch you wish to trade (usually a low ball figure), he helps his clients by marketing the watch through various dealers he is in contact with to get you thr best price, even though this is not his companies policy.
As an individual he helps out the customer in this regard even if it means he is going against his 'AD chains' policy. Can't say fairer than that.
GMT Aviator is offline   Reply With Quote
Old 19 February 2020, 08:44 AM   #28
Uga2007
"TRF" Member
 
Uga2007's Avatar
 
Join Date: Jan 2019
Real Name: Evan
Location: Atlanta
Watch: DSSD D-BLUE
Posts: 203
I had an AD recently offer me full purchase value for my DSSD D-blue if I picked up the full Everose CHNR.
__________________
Calibre de Cartier Diver
Explorer II Polar 216570
Datejust 41 Blue 126300
Deepsea Sea-Dweller D-BLUE 126660
Uga2007 is offline   Reply With Quote
Old 19 February 2020, 11:28 AM   #29
TempoKing
Banned
 
Join Date: Jan 2008
Real Name: Anastasios
Location: Athens Greece
Watch: Rolex GMT 1675
Posts: 8,497
Quote:
Originally Posted by denmanproject View Post
Some will but expect to take a big hit
If they take trades, it all depends how popular is the watch you are trading
Price for the trade ? ...You can see what are selling here
Or ask
TempoKing is offline   Reply With Quote
Old 19 February 2020, 11:48 AM   #30
Nikrnic
"TRF" Member
 
Nikrnic's Avatar
 
Join Date: May 2017
Real Name: Louis Nick Ric
Location: Michigan, USA
Watch: Blnr, Expll, Subs,
Posts: 10,172
Ive traded 3 Rolex in with 2 ADs and it was more than just fair for me on the differece price, thats when they were discounting more easily on the retail side up until 2019. However I've never seen them selling any used on there displays. When I inquired with my main AD for a 16710 he came up with one that was also a trade in that they originally sold new 15 yrs. ago. I've also seen my AD Mgr. appraise walk ins trying to sell their Rolex. I'd say yes, they take trades and make out right purchases, it's there business and that sounds like it would be a perk for them.

Sent from my SM-G970U using Tapatalk
Nikrnic is offline   Reply With Quote
Reply


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

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

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal

Wrist Aficionado


*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.