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sdh1980 · 15 February 2018, 10:21 PM

Quote:

Originally Posted by tyler1980

so not an investment then?

Sounds about right for that one. Its an eye opener though when the dealer selling price isnt what its actually worth for an owner. So many people (generally, not you specifically) see £8500 and think thats what their watch is worth. It usually isnt.

Agree totally. People look at places like WF and think 'my watch is worth x'; until they try selling it

I was just happy to get back what I paid for it. The novelty wore off quickly with the BLNR for me

sdh1980 · 15 February 2018, 10:25 PM

Quote:

Originally Posted by chunkythebulldog

Didn't realise we were just talking about SS Rolex.
I bought an AP ROO from them about 4/5 years ago they were selling for about £10.5k ended up getting it for about £8.5k. PX'ed it back to them about 2 years later and they gave me £10k for it against a WG Meteorite Daytona, and they knocked me some off as well.

I've had nothing but good dealings with them.

In fairness, I got an good deal with them on my wife's DJ. £1750 off the £11,000 advertised. I think it's just the 'hot' models they wont do anything on. Paying the whole amount rather than opting for finance always means they are able to do more discount.

Well:Timed · 15 February 2018, 10:52 PM

Quote:

Originally Posted by sdh1980

In fairness, I got an good deal with them on my wife's DJ. £1750 off the £11,000 advertised. I think it's just the 'hot' models they wont do anything on. Paying the whole amount rather than opting for finance always means they are able to do more discount.

I've also got nothing but good to say for WF.

I PX'd my Longines for my BBN ETA with them... they knocked a bit off and they gave me more than I paid for the HydroConquest!

I wanted the steel bracelet version (they had both versions listed at time) but by the time the deal was struck it had sold.

They was pleasure to deal with.

AK797 · 15 February 2018, 11:18 PM

Quote:

Originally Posted by tng11

I just inquired with WF as to what they would pay for a brand new white dial Skydweller - £10,000 which is actually below RRP, while they're selling for £14,000.

Why would anyone buy to flip in that case?

Same on the BLNR and LVc, their bid ask spread is huge, and their stock is building up so no need to bid more. Plus it's banker bonus season following a great year so really a seller's market.

Quote:

Originally Posted by chunkythebulldog

Didn't realise we were just talking about SS Rolex.
I bought an AP ROO from them about 4/5 years ago they were selling for about £10.5k ended up getting it for about £8.5k. PX'ed it back to them about 2 years later and they gave me £10k for it against a WG Meteorite Daytona, and they knocked me some off as well.

I've had nothing but good dealings with them.

I also have had good dealings with them and popular SS aside, yes deals can be had as they are volume traders.

tng11 · 15 February 2018, 11:42 PM

Quote:

Originally Posted by AK797

Same on the BLNR and LVc, their bid ask spread is huge, and their stock is building up so no need to bid more. Plus it's banker bonus season following a great year so really a seller's market.

Indeed - I also asked for quotations on the LVc and BLNR this week:

https://www.rolexforums.com/showpost...8&postcount=38

Not that I was really interested in selling, but it's a caveat that people shouldn't assume that just because WF just keeps on upping prices that it translates to value or cash in your pocket!

jrs146 · 15 February 2018, 11:46 PM

Prices certainly are crazy. I wonder what the average sale price is versus asking price?

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49ers101hitters · 20 February 2018, 01:08 AM

Rolex watches are expensive reeeeeeeee

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AK797 · 20 February 2018, 08:39 AM

Quote:

Originally Posted by jrs146

Prices certainly are crazy. I wonder what the average sale price is versus asking price?

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I'm sure this is very tight as I've seen a LVc there for nearly 2 months at £9.5K so I imagine they wanted £9250, tough to stomach as we know they paid £7-7.2K, the cheeky buggers.

I'm now backing Rolex and ADs and their engravings and tattoos and sleeping with your wife conditions, greys have to be killed off now.

JR16 · 20 February 2018, 09:24 AM

Quote:

Originally Posted by AK797

I'm sure this is very tight as I've seen a LVc there for nearly 2 months at £9.5K so I imagine they wanted £9250, tough to stomach as we know they paid £7-7.2K, the cheeky buggers.

I'm now backing Rolex and ADs and their engravings and tattoos and sleeping with your wife conditions, greys have to be killed off now.

Rolex is bringing back jus primae noctis?? Ok now they’ve gone too far!

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AK797 · 20 February 2018, 12:06 PM

Quote:

Originally Posted by JR16

Rolex is bringing back jus primae noctis?? Ok now they’ve gone too far!

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They may take our wives but they'll never take our freeeeeedom!

fedabetis · 20 February 2018, 01:23 PM

to the moon

tng11 · 22 February 2018, 08:04 PM

As another update, I asked for a quotation on a BNIB James Cameron from Watchfinder, which they are selling for £12,450.

Currently, all they offered was £9,000, £1,000 less than a month ago when I last asked. That's £150 below RRP.

It looks like the spreads are widening... sell prices are going up but buy prices are coming down. I'm starting to think it's a sign that even WF is not confident that these crazy prices can be sustainable for much longer.

tyler1980 · 22 February 2018, 08:09 PM

Quote:

Originally Posted by tng11

As another update, I asked for a quotation on a BNIB James Cameron from Watchfinder, which they are selling for £12,450.

Currently, all they offered was £9,000, £1,000 less than a month ago when I last asked. That's £150 below RRP.

It looks like the spreads are widening... sell prices are going up but buy prices are coming down. I'm starting to think it's a sign that even WF is not confident that these crazy prices can be sustainable for much longer.

I think their inventory is rising too. Its a lot of money tied up in watches and margins need to go up. With a healthy (balanced) market they would not be getting the volume they currently are. So many people are unloading their watches they just bought at retail.

I look at it as they are not trying as aggressively to acquire more stock as they already have 4 D blues at least. Sometimes they dont even list every one they have so it doesnt look like they are flooded with them.

chunkythebulldog · 22 February 2018, 08:52 PM

I asked for a quote for my 5524G and they offered between £35-36k, currently selling same model on their site for £44250.00

tyler1980 · 22 February 2018, 09:14 PM

Quote:

Originally Posted by chunkythebulldog

I asked for a quote for my 5524G and they offered between £35-36k, currently selling same model on their site for £44250.00

why you would even want to sell that is beyond me, awesome watch

Jacobson · 22 February 2018, 09:14 PM

Not had any dealings with them recently, but I do seem to remember that average mark up on a piece used to be about 20%.

chunkythebulldog · 22 February 2018, 09:28 PM

Quote:

Originally Posted by tyler1980

why you would even want to sell that is beyond me, awesome watch

It is but picked up a 15202OR and something needs to go from the collection to fund it. It's either the 5524g or 5712-1a but as I already have a GMTII then I think the Pilot is off, unfortunately.

tyler1980 · 22 February 2018, 09:30 PM

Quote:

Originally Posted by chunkythebulldog

It is but picked up a 15202OR and something needs to go from the collection to fund it. It's either the 5524g or 5712-1a but as I already have a GMTII then I think the Pilot is off, unfortunately.

tough call. I would flip the 5712. I have that one too, but the pilot, couldn't do it.

Devildog · 23 February 2018, 12:07 AM

Looks like the SS Sky D is sold. In its place is a TT black dial Sky D for £17,000

AK797 · 23 February 2018, 01:59 AM

Quote:

Originally Posted by tng11

As another update, I asked for a quotation on a BNIB James Cameron from Watchfinder, which they are selling for £12,450.

Currently, all they offered was £9,000, £1,000 less than a month ago when I last asked. That's £150 below RRP.

It looks like the spreads are widening... sell prices are going up but buy prices are coming down. I'm starting to think it's a sign that even WF is not confident that these crazy prices can be sustainable for much longer.

The bids on this have always been horrendous, I asked in the summer before the Hulk and SS hype when I was thinking of buying one and while their ask was around 11.5K they offered 8.5K. A few others offered 9.5K so this was always a great one for them, and now this is on most of their populars. I then tried on a LVc and that was that.

Quote:

Originally Posted by chunkythebulldog

It is but picked up a 15202OR and something needs to go from the collection to fund it. It's either the 5524g or 5712-1a but as I already have a GMTII then I think the Pilot is off, unfortunately.

I'd keep the 5712, my fave SS watch, altho I think after Basel I'll get WF to show me the 5524, one will probably still be there then, so I understand why they won't bid high.

jaySL350 · 23 February 2018, 02:02 AM

Quote:

Originally Posted by AK797

They may take our wives but they'll never take our freeeeeedom!

Ha,ha,,,,
Blimey Neil i only got offered £1500 for my wife against a Tudor bb eta,,,,
I said " she must be worth another £50 but they sent no"
so i guess she is a keeper for the time being

Well:Timed · 23 February 2018, 02:08 AM

For shits & giggles I asked about the outright purchase of my Harrods, considering these are currently selling for over £5k and Blowers have one listed for a stupid £6.5k.... price I was offered from WF.....

£2.6k

AK797 · 23 February 2018, 02:13 AM

Quote:

Originally Posted by jaySL350

Ha,ha,,,,
Blimey Neil i only got offered £1500 for my wife against a Tudor bb eta,,,,
I said " she must be worth another £50 but they sent no"
so i guess she is a keeper for the time being

I actually thought that was the line for a few weeks, thought it was a bit harsh but everyone seemed to be motivated by it.

Quote:

Originally Posted by Well:Timed

For shits & giggles I asked about the outright purchase of my Harrods, considering these are currently selling for over £5k and Blowers have one listed for a stupid £6.5k.... price I was offered from WF.....

£2.6k

Jokers. And they will mark it up higher than "lowly little" Blowers too.

We should just rename them - SPREADFINDER

fleabag · 23 February 2018, 02:16 AM

Quote:

Originally Posted by Well:Timed

For shits & giggles I asked about the outright purchase of my Harrods, considering these are currently selling for over £5k and Blowers have one listed for a stupid £6.5k.... price I was offered from WF.....

£2.6k

2.6k

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Well:Timed · 23 February 2018, 02:21 AM

Quote:

Originally Posted by fleabag

2.6k

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Yep... exactly!!!

tyler1980 · 23 February 2018, 02:24 AM

WF is just telling everyone... NO not an investment people. For them yes, for you no.

Its a bit risky to offer anything below retail though as cutting off their supply means no watches to sell at huge markups. Who would sell a hot model at a loss? Not many im guessing. It has to be because they just have too much stock currently.

tng11 · 23 February 2018, 03:37 AM

Quote:

Originally Posted by tyler1980

WF is just telling everyone... NO not an investment people. For them yes, for you no.

Its a bit risky to offer anything below retail though as cutting off their supply means no watches to sell at huge markups. Who would sell a hot model at a loss? Not many im guessing. It has to be because they just have too much stock currently.

Exactly, why would anyone buy for the purposes of flipping to them directly anymore? Especially now considering that ADs in the UK may be limiting the number of SS that can be purchased per year. Surely that will dry up their supply of BNIB to markup to ridiculous prices.

chunkythebulldog · 23 February 2018, 03:58 AM

Quote:

Originally Posted by AK797

I'd keep the 5712, my fave SS watch, altho I think after Basel I'll get WF to show me the 5524, one will probably still be there then, so I understand why they won't bid high.

Or you could always look at my 5524

AK797 · 23 February 2018, 05:23 AM

Quote:

Originally Posted by chunkythebulldog

Or you could always look at my 5524

Cheers, but I like getting WF to ship their watches around for me just to look at, make them earn some of their massive cheesy butter Spread.

tyler1980 · 23 February 2018, 05:27 AM

Quote:

Originally Posted by AK797

Cheers, but I like getting WF to ship their watches around for me just to look at, make them earn some of their massive cheesy butter Spread.

ive done that a lot. They hate me.

15 February 2018, 11:46 PM	#66
jrs146 "TRF" Member Join Date: Aug 2011 Real Name: Josh Location: Lost in time Watch: Me Nae Nae Posts: 9,823	Prices certainly are crazy. I wonder what the average sale price is versus asking price? Sent from my iPhone using Tapatalk __________________ "Sometimes the songs that we hear are just songs of our own." -Jerome J. Garcia, Robert C. Hunter

20 February 2018, 01:08 AM	#67
49ers101hitters "TRF" Member Join Date: Oct 2015 Real Name: Hugh Location: Silicon Valley Watch: Sub, 2xDJ, Zenith Posts: 246	Rolex watches are expensive reeeeeeeee Sent from my iPhone using Tapatalk __________________

23 February 2018, 12:07 AM	#79
Devildog "TRF" Member Join Date: Jul 2009 Real Name: Scott Location: UK Watch: ^^^ for now Posts: 5,797	Looks like the SS Sky D is sold. In its place is a TT black dial Sky D for £17,000 __________________ Past: 6239 (yes, I know...), 16610, 16600, 116515, 116613LN, 126600, 126711 CHNR Present: 16600, 116509, Cartier Santos Green.

20 February 2018, 01:23 PM	#71
fedabetis "TRF" Member Join Date: Feb 2018 Location: egham Posts: 8	to the moon

22 February 2018, 08:04 PM	#72
tng11 "TRF" Member Join Date: Jun 2016 Location: N/A Posts: 3,634	As another update, I asked for a quotation on a BNIB James Cameron from Watchfinder, which they are selling for £12,450. Currently, all they offered was £9,000, £1,000 less than a month ago when I last asked. That's £150 below RRP. It looks like the spreads are widening... sell prices are going up but buy prices are coming down. I'm starting to think it's a sign that even WF is not confident that these crazy prices can be sustainable for much longer.

22 February 2018, 08:52 PM	#74
chunkythebulldog "TRF" Member Join Date: Sep 2017 Location: Northern Monkey Posts: 483	I asked for a quote for my 5524G and they offered between £35-36k, currently selling same model on their site for £44250.00

22 February 2018, 09:14 PM	#76
Jacobson "TRF" Member Join Date: Nov 2010 Location: USA, UK, UAE Posts: 670	Not had any dealings with them recently, but I do seem to remember that average mark up on a piece used to be about 20%.

23 February 2018, 02:08 AM	#82
Well:Timed Banned Join Date: Dec 2017 Location: UK Posts: 67	For shits & giggles I asked about the outright purchase of my Harrods, considering these are currently selling for over £5k and Blowers have one listed for a stupid £6.5k.... price I was offered from WF..... £2.6k

23 February 2018, 02:24 AM	#86
tyler1980 "TRF" Member Join Date: Apr 2015 Location: Houston Posts: 17,622	WF is just telling everyone... NO not an investment people. For them yes, for you no. Its a bit risky to offer anything below retail though as cutting off their supply means no watches to sell at huge markups. Who would sell a hot model at a loss? Not many im guessing. It has to be because they just have too much stock currently.

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