Trading a watch in

[spikester31]

Is it worth trading in at an AD or do they give you the lowest of low offers on your watch? If not where is the best place to go? I see on the internet there are a few places but they won't pay out till they have sold your watch.

[watchwatcher]

You will most likely not recoup much of your money in an AD trade. If you want to trade for another model, IMO the best route to go would be to contact one of the trusted sellers on this forum.

[droptopman]

AD are generally really low on trade in value. I have had good luck with the trusted sellers here but always trading in for another purchase. I also go in with the mind set, they need to make money on both watches. I watch the market closely so usually within of few bucks of what we come to terms on.

[JackPine]

I think it depends on the watch your trading in and the watch you are trading for. When I traded in my 16613 one year ago, I got 2K more than what I paid for it in 2002. I traded it for a 116613. I don't think I would have got as much for trade in value if I was trading for a lesser value watch.

[beshannon]

Since they either have to resell it or sell it to a third party, I think you already know the answer.

[JackPine]

Sometimes trusted sellers and ADs have a waiting list of customers looking for a particular type of watch - usually sport models.

[AK797]

ADs are usually the worst, there are some sale or return/consignment sellers in the UK but most will buy it outright, altho prices are obviously worse, like Watchfinder, Blowers, Carr etc.

[Lordofrolex]

The best way is to try to sell it yourself. Even the trusted sellers on here arnt very fair on your trades. For example i wanted to trade my DJII to a trusted seller he offered me $2200 less than the same watch he had on sale with less time left not he warranty. So they still are trying to make a profit.

[spikester31]

The watch I am trying to sell is a BB Dark. I don't know if I am asking to much or if I bought a bit of a brick in all the hype. But the response I get is they are not selling now and I am not getting any luck wherever I try.

[AboutTime]

In the US I've received fair values for my watches by trading or selling to trusted sellers (considering they have to be able to resell and make a profit). I've traded watches toward other watches several times but I've also sold watches directly (without buying at the same time) to a California-based trusted seller. I don't even bother trying to sell or trade with most ADs any more since I know they generally make low-ball offers (because they wholesale watches taken in trade to another party). I do believe there are a few large multi-brand dealers in the US who also have a large pre-owned watch business (one in Philadelphia comes to mind), however, that will treat you fairly. I have no knowledge of the situation in the UK.

[NKflyer]

Originally Posted by spikester31

The watch I am trying to sell is a BB Dark. I don't know if I am asking to much or if I bought a bit of a brick in all the hype. But the response I get is they are not selling now and I am not getting any luck wherever I try.

I don't know about the market conditions in the UK, but there are several US-based "trusted sellers" with identical brand-new watches asking around US$3k and you know they will accept slightly less so your price seems high unless demand is so much greater where you live.

Like you said, I don't think is one of Tudor's most popular models by a long shot. But regardless, virtually any halfway reasonable amount you're able to get selling it yourself is going to be better than dealer trade offers, whether brick & mortar or online dealers.

[Burger70]

I had trouble selling my BB dark.

I thought I would not lose money as I got a staff discount on one.

Sold it on fleabay in the end and lost £300.

[Maiden]

You will always do better selling the watch yourself. I have an independent jeweller who specializes in pre owned luxury watches. I have done some trades with him when they make sense. It really all depends on the deal, I dont mind paying a few extra hundred dollars on a multi thousand dollar transaction to avoid the hassle of selling myself. Again key is to factor the deal, for example where I live their is a 13% tax. If I trade a watch to my guy for 10k I get a 1300 dollar savings on what I am buying from him, so you have to look at all the angles.

[The Libertine]

AD will not give you reasonable value for your trade. Best to sell privately.

[psd1966]

If we are talking about a Rolex, then best prices tend to come from a grey dealer such as watchfinder in the U.K. They will offer a good deal, but they are running a business so there will always be a margin. Good luck.

[T. Ferguson]

On average you will get the low end trading in to an AD. The exception to that, of course, is when trading in you need to look at the transaction as a whole, including the watch(s) you are buying.

The AD isn't taking your trade in to wear personally. It is inventory to him and he wants to make money on it. On top of that, if he himself doesn't deal in used Rolexes, then he will be wholesaling it out to a broker/reseller, but still wants to make something.

It is not necessarily the case that the AD is always lowballing the customer and trying to rob him. It's usually a simple matter that a jeweler, especially a Rolex AD, is not the right kind of buyer to get the most for your watch.

Look at it this way. Assume the watch you are trading in is not discontinued or somehow a collectible, take the SubC as an example. The AD can buy a brand new one directly from Rolex for around 60% of MSRP and he will sell it at or close to retail. So basically the very top of the mark for what he'd be willing to pay you.

You're usually better off selling it yourself. You can also trade it in with a reseller or someone who deals strictly in used watches but again, they are wanting to turn it around and make money on it. You will likely still do better this way than with an AD though because there will be one less middleman getting a taste before it ends up on the wrist of the wearer.

[Gazza67]

You could try Bob at Banks Lyon in Lancaster.

[bdex75]

Did you try Crown and Caliber? I tried them recently on something and they were really low but have been good in the past.


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[yunach]

I wouldnt trade it in at an AD.
Have you considered selling it privately? That will get you the highest value.

[jhilly8982]

These are watches, you will lose money buying, selling and trading. I am not in it to make money, I am in it to spend money, haha.

I trade a decent amount of times and have a pretty good idea of the trade amount before I go into the deal. Trusted sellers on here will prolly give you the best deal, but Black Bay's don't seem to be scarce.

[rr-nyc]

Trade-in would give you the lowest possible value for the watch.

You've looked at trading in and consignment but why not sell here? That would be the first and most obvious to me

[T. Ferguson]

Originally Posted by rr-nyc

Trade-in would give you the lowest possible value for the watch.

You've looked at trading in and consignment but why not sell here? That would be the first and most obvious to me

The problem with a private sale on the internet is lack of a track record. Especially true selling here, where "buy the seller" is the mantra. Certainly it can be done, a F2F for example. But expect it to take longer for an unknown seller here to find a buyer and they should be prepared to take a haircut from the prices they see known trusted sellers are posting for the same watch.

[Chewbacca]

Originally Posted by spikester31

Is it worth trading in at an AD or do they give you the lowest of low offers on your watch? If not where is the best place to go? I see on the internet there are a few places but they won't pay out till they have sold your watch.

never heard of this before and i don't see how they can do a deal on the tax difference unless its done then and there. may even be illegal to do so as this is not a trade but rather a consignment transaction.

but to the point, if you've ever bought a car; same process. demand on the car you want vs. demand on the car you're selling.

[rr-nyc]

Originally Posted by T. Ferguson

The problem with a private sale on the internet is lack of a track record. Especially true selling here, where "buy the seller" is the mantra. Certainly it can be done, a F2F for example. But expect it to take longer for an unknown seller here to find a buyer and they should be prepared to take a haircut from the prices they see known trusted sellers are posting for the same watch.

Very good point, especially taking a hit on price vs known trusted sellers.

[OmegaJJH]

I traded a watch with my AD whilst purchasing a new one.

Did I get less than it was worth... yes.

I looked at it as time vs risk. How much is my time worth? There is the time and effort of selling privately but more importantly there is risk (same with selling a car). Didn't like the risk element so chose the fiscally inefficient route.

and i'd do it again.