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23 September 2016, 09:35 AM | #1 |
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Rolex warranty card, how important
How important is the Rolex Warranty card? I was offered a brand new Daytona but it is supposedly "grey market" and does not come with the Rolex printed card, only the box, the book and all the tags with plastic wrap. Just not the Rolex card. Do these cards help with resale even if the warranty is expired?
Thanks,
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23 September 2016, 09:39 AM | #2 |
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Resale value is always better when you have as much of the original paper work regardless if it's expired.
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23 September 2016, 09:40 AM | #3 |
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Very imp. IMO.
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23 September 2016, 10:03 AM | #4 |
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You'll hear differing opinions, but generally speaking it is worth something. If not more money on resale, than at least a bit more saleable. There are some buyers who will not consider a piece without full papers. Obviously there are none that will insist the warranty card be missing.
The big internet resellers do not provide the warranty card, but rather substitute their own warranty. My guess is that is the arrangement they have with the AD's they buy from. If you are looking at this kind of situation keep in mind you're not just foregoing the card itself, but you are also not getting the Rolex factory five year warranty.
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23 September 2016, 10:10 AM | #5 |
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No Rolex international warranty without the card I'm certain. Less options for servicing other than the gray market dealer's after-market warranty. So important IMHO. Cheers!
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23 September 2016, 10:28 AM | #6 |
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not important
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23 September 2016, 11:45 AM | #7 |
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23 September 2016, 11:46 AM | #8 |
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Very.
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23 September 2016, 11:56 AM | #9 |
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It's only important if it is important to you.
You do not "make a killing" when you sell a watch with the card, you can usually ask a couple of hundred more, at most, but then you likely bought it at a substantial discount too. Condition of the watch and your comfort with the price is what matters.
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23 September 2016, 01:46 PM | #10 |
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Not super important in the grand of it all but I would require one especially for a very new watch. Also why no card in a watch that is so new. Seems strange that the stickers are there but not the warranty card.
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23 September 2016, 02:06 PM | #11 |
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When you buy grey market without the warranty card that value is priced into the sale price of the watch. If you look at a warranty as an insurance policy against defects, you just aren't buying that policy. So you save your premium in the hopes that the watch does not have a defect during that 5 years. If it does the repair is on you. Most grey market dealers offer their own warranty serviced by their own watchmakers. Repairs may not use Rolex parts or certified watchmakers.
When you go to sell, if it is during what the warranty period would have been, you will have to reduce the price to sell it. But as mentioned that may be only a few hundred dollars. Once the warranty period is over, not having the AD card may make it a little harder to move, so again you may need to drop the price a little to make it attractive. So the moral of the story is to buy it right in the first place. Note that damage caused by the owner isn't covered anyway and that seems to be the most common reason a Rolex would need service in the warranty period. There have been some design flaws in new movements that have been fixed under warranty. But in the grand scheme of things I think it is rare. |
23 September 2016, 03:55 PM | #12 |
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Thanks y'all. This is all very helpful.
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23 September 2016, 03:55 PM | #13 |
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I don't consider buying 2nd hand unless it's a full set.
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23 September 2016, 04:04 PM | #14 |
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23 September 2016, 05:07 PM | #15 |
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Seems a lot of watches on here for sale linger a lot longer in the for sale section that do not have the warranty papers or cards. So if you are planning to resale it and even if you're not but who knows you might flip it for something else someday then you should have it.
For me it's darn near a deal breaker. Unless the price is just too good to pass up. |
23 September 2016, 05:53 PM | #16 |
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People who will be telling you 'not important' will be the first ones that are lowballing your watch for sale 'because papers are missing'
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23 September 2016, 06:11 PM | #17 | |
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23 September 2016, 06:27 PM | #18 |
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Like me and many others ... without warranty card you limit your market considering resale.
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23 September 2016, 06:32 PM | #19 | |
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23 September 2016, 08:10 PM | #20 |
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The value is in the watch itself
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23 September 2016, 08:13 PM | #21 | |
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Quote:
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23 September 2016, 10:33 PM | #22 | |
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with card: buy for $9k, sell at $8k (example) without: buy for $8.6k, sell for $7.6k only difference i can see is that without the card, you have 400 extra dollars in the bank accruing interest
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23 September 2016, 10:57 PM | #23 |
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watch in warranty period extremely important, watch out of warranty not as important, vintage watch is important if you want the highest resale.
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23 September 2016, 11:02 PM | #24 |
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It Adds value when you want to sell/trade.
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23 September 2016, 11:07 PM | #25 |
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When I searched for my 16710 (after it was discontinued), one of the best examples I found was from a trusted seller here on TRF. It was in truly excellent (and unpolished) condition. The Rolex came with the boxes, tags, instruction manual but no warranty card. To me, finding a 16710 in unpolished mint condition was more important than the inclusion of a (expired) warranty card. Ultimately, it was a non-issue because I sent it to RSC for a service, and was returned with the service warranty card documenting make, model etc.
So, in my opinion, there are other factors (such as watch condition) far more important than a warranty card. |
23 September 2016, 11:18 PM | #26 |
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The warranty card, at least in Sweden also works as a proof of ownership towards insurance companies. Someone with the warranty card could use it for an insurance fraud. That could potentially lead to the watch being flagged as stolen in Rolex database.
I wouldn't buy a modern Rolex without the card...
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23 September 2016, 11:19 PM | #27 |
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I was going to trade in a GMT with a well known trusted seller here. Not having the card dropped the value $1000. Something to consider before buying without all the paperwork.
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23 September 2016, 11:36 PM | #28 |
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As one other member said here. It depends on what you think and is important to you. Any genuine Rolex in good condition has value. Don't forget when serviced the watch will have a RSC official document to say it was serviced. Rolex only service genuine watches so no worries my friend. If in doubt when buying make sure the seller gives you time to go to a RSC a get it verified. You can even ask the RSC for a free service estimate so they are no issues later on. If the seller is not willing to do this, turn around and walk the other way. Simple things.
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24 September 2016, 11:35 AM | #29 |
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x2
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24 September 2016, 12:20 PM | #30 |
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I own a fair amount of rolexes. Have never needed one serviced. Then again, never sold one.
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