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Pvtrolexcollector · 1 June 2012, 12:55 PM

Guys - Any advice on trading in a Rolex? The prices I'm getting from various dealers for a watch in truly exceptional condition seem to be extremely low (25-30% below prices for similar watches on eBay).. I'm guessing they're double dipping for profits on the buy and sale?

Wolfgang427 · 1 June 2012, 01:21 PM

You guessed right..

They make a profit on the retail sale and they take your watch and make a profit on it as well.

Never a good idea to trade in a watch as you can sell it yourself for more then any dealer would give you for it.

IMG2 · 1 June 2012, 01:29 PM

It's just like getting rid of your old car when you get a new one, you pay for convenience. If you want to walk in some place with a watch you don't want and walk out with cash you won't end up with as many $$$ then if you had sold the watch yourself. If you want to maximize you selling price then you have to put some effort into it, listing it on sites like TRF, dealing with the inquiries and low ball offers, figuring out how to get paid without getting ripped off. Packaging and sending the watch off.

Pvtrolexcollector · 1 June 2012, 01:36 PM

Thanks guys.. Makes total sense.. Its just that I've noticed most of these selling boards need tons of feedback to command a decent price and I'm not sure if I have that many watches!

Hairdude1 · 1 June 2012, 01:45 PM

Look at selling it yourself! You'll get more for it!

1 June 2012, 12:55 PM	#1
Pvtrolexcollector "TRF" Member Join Date: Jun 2012 Real Name: Keshav Location: Chicago Watch: Daytona 18k Posts: 42	Trading in a Rolex Guys - Any advice on trading in a Rolex? The prices I'm getting from various dealers for a watch in truly exceptional condition seem to be extremely low (25-30% below prices for similar watches on eBay).. I'm guessing they're double dipping for profits on the buy and sale?

1 June 2012, 01:21 PM	#2
Wolfgang427 2024 SubLV41 Pledge Member Join Date: Aug 2006 Real Name: Wolfgang Location: New Jersey. Watch: Rolex Tudor Omega Posts: 5,592	You guessed right.. They make a profit on the retail sale and they take your watch and make a profit on it as well. Never a good idea to trade in a watch as you can sell it yourself for more then any dealer would give you for it. __________________ TRF member #917

1 June 2012, 01:29 PM	#3
IMG2 Member Join Date: Apr 2012 Real Name: Glenn Location: Sacramento Delta Watch: GMT II, TT Sub, DJ Posts: 187	It's just like getting rid of your old car when you get a new one, you pay for convenience. If you want to walk in some place with a watch you don't want and walk out with cash you won't end up with as many $$$ then if you had sold the watch yourself. If you want to maximize you selling price then you have to put some effort into it, listing it on sites like TRF, dealing with the inquiries and low ball offers, figuring out how to get paid without getting ripped off. Packaging and sending the watch off.

1 June 2012, 01:36 PM	#4
Pvtrolexcollector "TRF" Member Join Date: Jun 2012 Real Name: Keshav Location: Chicago Watch: Daytona 18k Posts: 42	Thanks guys.. Makes total sense.. Its just that I've noticed most of these selling boards need tons of feedback to command a decent price and I'm not sure if I have that many watches!

1 June 2012, 01:45 PM	#5
Hairdude1 "TRF" Member Join Date: Apr 2012 Real Name: Alex Location: Chicago Watch: AP,PP, Rolex Posts: 37,156	Look at selling it yourself! You'll get more for it!

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