Watchfinder Not Wanting Hot Stock

[johnwigan]

Watchfinder don't want to be left holding the watches when the market returns to normal.

[jaydav2306]

At this point I think they are having a laugh with us

https://www.watchfinder.co.uk/search?q=Blro

Up £3K in a week lol

[dnpina]

Originally Posted by marc12

EWC in boston offered me 29k USD for my BLRO

and 35k for my blue sky d



may be selling both to increase our down payment on a new house LOL

That seems like a great idea.

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[scooba]

Originally Posted by Srct

Hmm I think Peter may have earned the ‘right’ to comment on what he feels fit too - I think he is a Mod and if you look more carefully at his vast postings his actual contribution to the forum is considerable -sure he doesn’t need me defending him but his posts seem to be his opinion on the watch’s and the situation rather than personal advice like you last one

Well done ! Peter can say whatever he likes in my book .

[scooba]

They had a platinum Daytona for sale at £97,000 it didn’t sell and now is back up at £120,000 totally ridiculous

[jaydav2306]

Originally Posted by scooba

They had a platinum Daytona for sale at £97,000 it didn’t sell and now is back up at £120,000 totally ridiculous

It’s madness, BLRO no box no papers sold for £20K lord knows who’s paying these prices

[omar10213245]

Originally Posted by marc12

EWC in boston offered me 29k USD for my BLRO
and 35k for my blue sky d

may be selling both to increase our down payment on a new house LOL

those guys are pretty cool. i just did a trade with them, got a white gold iwc portuguese vintage for my SS reverso.

[Jimbo]

I think WF is hedging its bets right now. I have heard that the LN Daytona's are not moving at the same clip at current grey market "asking" prices, and they are loathe to negotiate prices down if they can avoid it. Instead, I think they are shifting to BLRO's and BLNR's. The grey market prices for BLNR's have exploded recently, and the action might be moving there at a more "palatable" price of around $23K rather than the mid-$40k-$50k for LN Daytona's.

[marc12]

Originally Posted by omar10213245

those guys are pretty cool. i just did a trade with them, got a white gold iwc portuguese vintage for my SS reverso.

They’re good dudes, I work close with Brad, he’s awesome.

[Anton911]

Originally Posted by SamArj

You seem to post in a lot of threads that you have no interest in or don't care about.
Either you do care or you're just giving yourself high blood pressure for no good reason.

Why don't you just ignore these threads rather than replying to virtually each and everyone to say that you aren't interested?

Couldn’t have said it better.
The dude is like a broken record,too much time on his hands,excuse the pun!
Get a life.

[classicalthunder]

Originally Posted by Jimbo

I think WF is hedging its bets right now. I have heard that the LN Daytona's are not moving at the same clip at current grey market "asking" prices, and they are loathe to negotiate prices down if they can avoid it. Instead, I think they are shifting to BLRO's and BLNR's. The grey market prices for BLNR's have exploded recently, and the action might be moving there at a more "palatable" price of around $23K rather than the mid-$40k-$50k for LN Daytona's.

I think you're seeing here what happened in the real estate market after the initial COVID boom...the pool of people who can/are willing to drop $40-50K on a $10-15K watch has dried up because they have already pulled the trigger on it.

Now people still have the 'boom' price tag stuck in their heads and are unwilling to part with their hype pieces for less than they think they should receive even though it wont move easily in the market at that price...

[garyk]

Originally Posted by SamArj

You seem to post in a lot of threads that you have no interest in or don't care about.
Either you do care or you're just giving yourself high blood pressure for no good reason.

Why don't you just ignore these threads rather than replying to virtually each and everyone to say that you aren't interested?

Nasty

[asiparks]

Originally Posted by classicalthunder

I think you're seeing here what happened in the real estate market after the initial COVID boom...the pool of people who can/are willing to drop $40-50K on a $10-15K watch has dried up because they have already pulled the trigger on it.

Now people still have the 'boom' price tag stuck in their heads and are unwilling to part with their hype pieces for less than they think they should receive even though it wont move easily in the market at that price...

^this^

I wonder if WF are seeing the Flex crowd to whom they sold a Daytona, turning around and trying to sell/trade it back- signaling the real life, actual spending, ( as opposed to breathless forum meanderings ), hype is dwindling and they've found shinier, jingleyier things to move on to...

[PO 2500D]

Originally Posted by roadster198

Has anyone successfully sold their watch/watches with either watchfinder or watchmaster?

Was it a hassle?

I've bought and sold around 8 watches from WF Rolex/Panerai/Cartier/Omega etc.., really easy, very professional zero issues.

[Harry-57]

I've sold two watches to WF. They gave me good offers and were highly professional from start to finish.

[1665fan]

They made a very good offer on my 116520 and BLNr last week…..they are definitely still buying the desireable pieces……

[bp1000]

Originally Posted by scooba

They had a platinum Daytona for sale at £97,000 it didn’t sell and now is back up at £120,000 totally ridiculous

They did this with the LVs when they got discontinued. All the stock was pulled from site to simulate a supply void. Then after a few days 1 was re listed at a higher price.

I’m confident it was a re-list as they tend to take quite some time to get new stock through QC, into photos and uploaded

[OG1982]

Originally Posted by Harry-57

I've sold two watches to WF. They gave me good offers and were highly professional from start to finish.

Same here, I've used them very recently and for loads of purchases before this and their prices were fair and more than professional enough to deal with.

[Madman37]

WF don’t want hot stock because they can’t can’t get rid of their current stock. But they can’t get rid of it as their prices are stupid. Nobody will spend £36k on a 2019 Ceramic Black Daytona. That’s a lovley watch but man that’s a lot of dough.

[speedbird]

I have been keeping an eye on the prices at WF. There was a white dial Daytona listed at £47k two weeks ago which is now marked as sold and off the site. Now they have two, another white dial 2018 at £47k and a 2020 at £50k. Will be interesting to see if these also move on. The premium for white has shot up hugely in recent months.

I am also cynical, so have compared the pictures of the sold item to the new 2018 one listed and they do appear to be different looking at the minor marks which I can see, so that would indicate the are different watches. The pictures are definitely different anyway.

[Harry-57]

Whereas some grey dealers I have dealt with will not budge, WF have always been willing to haggle. WF ask the highest prices because there are some who will pay them. Asking price and selling price can differ widely. I know this because I've been there.

[rlx123]

Originally Posted by Xtralarg

The answer is simple. Don't buy from these con men, don't sell to them either.

They exploit on both sides of the trade, it's beyond me why people just can't see it for themselves.

What about guys who bought a ceramic Daytona in when they’re in the mid 20’s and now they’re in the high 40’s. Is that considered exploitation?


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[DoricSpiker]

Originally Posted by speedbird

I have been keeping an eye on the prices at WF. There was a white dial Daytona listed at £47k two weeks ago which is now marked as sold and off the site. Now they have two, another white dial 2018 at £47k and a 2020 at £50k. Will be interesting to see if these also move on. The premium for white has shot up hugely in recent months.

I am also cynical, so have compared the pictures of the sold item to the new 2018 one listed and they do appear to be different looking at the minor marks which I can see, so that would indicate the are different watches. The pictures are definitely different anyway.

I traded in a no date ceramic sub last year and they told me they had 27 of them!
The have stock of all hot watches and drip them through. This was a policy change since Richemont bought them.
If they don’t want Daytona’s right now it will be because they already have say 20 or so ceramic Daytona’s in stock.
I agree with other posters that you can haggle with them and they give you a good price on a trade in. Over the years I have done about 15 deals with them. Check how many links you get though folks, this is my bugbear with them!


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[Halifax Daytona UK]

Originally Posted by alphadweller

A whoping 33% gross profit margin! I find that shocking on a super hot watch like the BLRO. WF are taking the pi**.

There is 20% vat to be added plus the running costs for the shop/website/ staff etc


Despite the above they are rip offs

[alphadweller]

Originally Posted by Halifax Daytona UK

There is 20% vat to be added plus the running costs for the shop/website/ staff etc





Despite the above they are rip offs

The 21% value added tax in Spain (or sales tax) on preowned goods is calculated on the difference between buy price and sell price. If I'm not mistaken, this special tax regime is applicable all over Europe.

For example, if the dealer buys me a watch at 10k and sells it for 15k, they have to pay 21% on 5k, not on 15k, when they sell the watch.

[johnwigan]

Originally Posted by DoricSpiker

I traded in a no date ceramic sub last year and they told me they had 27 of them!
The have stock of all hot watches and drip them through. This was a policy change since Richemont bought them.
If they don’t want Daytona’s right now it will be because they already have say 20 or so ceramic Daytona’s in stock.
I agree with other posters that you can haggle with them and they give you a good price on a trade in. Over the years I have done about 15 deals with them. Check how many links you get though folks, this is my bugbear with them!


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I wouldn't take what they say as the gospel truth, especially when they are negotiating.

Dripping through is fine when the market is rising. When the market is falling...

[jaySL350]

Originally Posted by Harry-57

Whereas some grey dealers I have dealt with will not budge, WF have always been willing to haggle. WF ask the highest prices because there are some who will pay them. Asking price and selling price can differ widely. I know this because I've been there.

Good transactions with WF over the years,,
They will haggle just wondering how much they knocked off the new unworn green dial Aquanaut they had up for nearly £140k that’s now gone?

[PO 2500D]

On the point of haggling my recent experience is that they will only move 3-5% but of course that is worth having.

I recently (last weekend) got a quote on my fluted, blue baton dial DJ 2 and they offered £7500 which was a fair trade bid I thought, giving it a probable £9500 retail.

[Nicw100]

WF will price match. I recently (last month) bought a 2021 unworn Explorer 2 black dial with 11% discount when price matched against another online watch retailer (I have also previously got an 8% discount off a sub by price matching).

In my experience of dealing (buying and selling) with them, they are fair and good to deal with. Also, I trust what they are selling is legit and checked thoroughly.

[JasH]

Originally Posted by jaydav2306

Saw an interesting youtube video about WF in the UK refusing to offer prices for ceramic Daytonas despite having what looks like none to very little in stock.

Feels to me like they have plenty in stock but maybe trying to create artificial demand... normally they would at least offer some kind of low ball offer.

It's not true.

WF offered on mine last month. (I only asked as a test.)

Stupidly low price though