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javier · 31 August 2018, 04:47 AM

And do a good businees as well ?

What about future claims if there were ? Does it make sense ?

Mmmm, tough decision (for me at least)

037 · 31 August 2018, 04:54 AM

If your friend wants to buy the watch from you and you no longer want it then I see no reason why it would be a bad decision.

Rolex doesn't care whose name is on the card in the event of a warranty claim.

Cash only though.

nektar · 31 August 2018, 05:03 AM

Of course not. If you consider him a friend, do not conduct any kind of business with him.

beshannon · 31 August 2018, 05:08 AM

Easy E · 31 August 2018, 05:20 AM

I sold an Exp II Polar to a good friend, made him a smoking deal - helped him get his 1st Rolex. It was very well advertised as an “as is” arrangement. He knew I took good care of it. Months later, guess what?....we are still friends.

E-

brandrea · 31 August 2018, 05:23 AM

I wouldnt have a problem selling to or buying from a friend.

Cars are another matter

Sent from my SM-G935W8 using Tapatalk

pickettt · 31 August 2018, 05:23 AM

Quote:

Originally Posted by nektar

Of course not. If you consider him a friend, do not conduct any kind of business with him.

I'm in this camp.

LuminousMaximus · 31 August 2018, 05:25 AM

As long as he has the cash

He inspects and does his due diligence

Cash or cashiers check

HE doesnt ask you to carry part of the cost

You have him sign a handwritten contract stating the condition and that it is as-is, and there are no returns

And lastly that both of you will arbitrate before any court action...lol

imperio · 31 August 2018, 05:27 AM

If it's a fair deal, why not.

yashparikh03 · 31 August 2018, 05:32 AM

why not .

Unless you dont trust him ..

Snow-Dweller · 31 August 2018, 05:35 AM

Quote:

Originally Posted by brandrea

I wouldnt have a problem selling to or buying from a friend.

Cars are another matter

Sent from my SM-G935W8 using Tapatalk

Exactly. Cars and boats.

Fort Rolex · 31 August 2018, 06:00 AM

I'd be ok selling to a friend, but i'd first solicit the best offer I could from a third party and then give my friend the right of first refusal on the terms.

That way later there's no "I undersold" or "I overpaid" because you have a firm example of someone who would have taken it under the same terms. IMO this would be the ideal way to do it

droptopman · 31 August 2018, 06:09 AM

Sure why not.

torrente · 31 August 2018, 06:26 AM

I won’t as principle, I would prefer to sell to somebody else in any case.

Burlington · 31 August 2018, 06:36 AM

If you’re both happy with the deal and neither of you are losing out by doing so then why not.

Just be sure it’s sold as seen and your friend is fully on board with that. Or agree to split the cost of a service before sale and then it’s a clean hand over in ‘mint’ running condition.

MinMay · 31 August 2018, 06:45 AM

I sell bunch of them to my good friend for MSRP price, but I would get annoyed if he sells it for profit within a year. If I sell him Daytona C for 12K and he sells it for 20K, I would be WTF....

TeddyS · 31 August 2018, 06:55 AM

As long as he is happy with the price and you know that the watch is perfect and you aren’t selling him a dud then I say it’s a perfect situation

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watchwatcher · 31 August 2018, 06:56 AM

I tend to avoid business dealings with friends or family. It just closes the door on a lot of potential problems.

crazymcmichael · 31 August 2018, 06:57 AM

I would directly tell him TO TALK WITH MY LAWYER!!!

Andrés G · 31 August 2018, 09:23 AM

I rather not do business with close friends or family.

Chloe&Harley · 31 August 2018, 10:06 AM

Quote:

Originally Posted by nektar

Of course not. If you consider him a friend, do not conduct any kind of business with him.

Agree , you will hear ever issue or cost with watch or the I could have bought it for this etc

DoctorA · 31 August 2018, 10:10 AM

I generally avoid doing any business, buying/selling with friends and family! If anything were to go wrong can cost that relationship! If anything were to happen to the watch or even regular Maintainance requirement can cause tension in the relationship even if they keep their concern to themselves if something were to happen to the watch......... not worth risking a friendship even if you’re 100% sure of the watch!

Nikrnic · 31 August 2018, 10:13 AM

I see no problem there, it's not like your dumping a lemon.

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mikkolopez · 31 August 2018, 10:19 AM

I would sell if it was clear that the sale is a business and nothing to do with friendship. Also that the watch condition or cash value is acceptable to both with no misgivings and no further claims.

If it is not a very clear and arms length sale then I wouldn’t.

To family definitely NO bec you really can’t take away the blood relation out of any picture.

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G.D.BeanCounter · 31 August 2018, 10:33 AM

I sold my GMT LN to a good friend/ business partner at my cost, which at the time was $1500 below what a dealer offered me, but that's what I promised him when he first said he wanted to buy it. I added a condition that if he ever wanted to sell it, that he had to sell it to me for no more than $500 above what he paid. He'll likely keep it, but I have since decided to let him out of our "verbal contract", so that if he sells it, he can probably get $2,500 above what he paid. I have no regrets. Not all "friends" are created equal though.

Dpop24 · 31 August 2018, 10:45 AM

Quote:

Originally Posted by nektar

Of course not. If you consider him a friend, do not conduct any kind of business with him.

+1

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D O C · 31 August 2018, 12:18 PM

Don't recommend it.

2nastie · 31 August 2018, 12:31 PM

Under want scenario are you selling to a friend? If the watch is brand new I don’t see how there is a problem. As a friend he should understand anything can happen...

It’s kind of confusing? Is there something wrong with the watch you are selling?

armen34 · 31 August 2018, 02:29 PM

As long as you disclose everything and the deal is done in good faith I don't see any issues.

Seibei · 31 August 2018, 03:04 PM

Quote:

Originally Posted by nektar

Of course not. If you consider him a friend, do not conduct any kind of business with him.

I am in this camp. Firmly. There is no upside in dealing with a friend compared to a stranger but the downside is huge.

31 August 2018, 04:47 AM	#1
javier "TRF" Member Join Date: Aug 2016 Location: Argentina Posts: 804	Is it a good decision to sell your Rolex to a very close friend ? And do a good businees as well ? What about future claims if there were ? Does it make sense ? Mmmm, tough decision (for me at least)

31 August 2018, 05:08 AM	#4
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	__________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

31 August 2018, 05:25 AM	#8
LuminousMaximus 2024 SubLV41 Pledge Member Join Date: Jan 2013 Location: USA Watch: me hit Huge Lotto Posts: 6,512	As long as he has the cash He inspects and does his due diligence Cash or cashiers check HE doesnt ask you to carry part of the cost You have him sign a handwritten contract stating the condition and that it is as-is, and there are no returns And lastly that both of you will arbitrate before any court action...lol __________________ “Every man Dies... Not Every Man, Really Lives.” – William Wallace - To really lives means to live your life to the fullest. It means to chase your dreams, take risks, and to love life. Since everyone’s fate is the same, why not live the best life that you possibly can? In order to really live,you must seize the day. Live each day as if it's your last and overall just do it! Today is a gift, that’s why it’s called the present...

31 August 2018, 05:27 AM	#9
imperio "TRF" Member Join Date: Sep 2011 Location: San Francisco, CA Watch: this space Posts: 1,867	If it's a fair deal, why not. __________________

31 August 2018, 06:09 AM	#13
droptopman "TRF" Member Join Date: Jun 2015 Real Name: Mark Location: Washington State Watch: SUBS and GMT's! Posts: 9,664	Sure why not. __________________ Judge Smails: Ty, what did you shoot today? Ty: Oh, Judge, I don't keep score. Judge Smails: Then how do you measure yourself with other golfers? Ty: By height.

31 August 2018, 04:54 AM	#2
037 2024 Pledge Member Join Date: Feb 2018 Location: USA Posts: 6,173	If your friend wants to buy the watch from you and you no longer want it then I see no reason why it would be a bad decision. Rolex doesn't care whose name is on the card in the event of a warranty claim. Cash only though.

31 August 2018, 05:03 AM	#3
nektar "TRF" Member Join Date: Jul 2009 Location: Louisiana Watch: 114060 Posts: 1,678	Of course not. If you consider him a friend, do not conduct any kind of business with him.

31 August 2018, 05:20 AM	#5
Easy E 2024 SubLV41 Pledge Member Join Date: Jun 2017 Location: GA Posts: 5,080	I sold an Exp II Polar to a good friend, made him a smoking deal - helped him get his 1st Rolex. It was very well advertised as an “as is” arrangement. He knew I took good care of it. Months later, guess what?....we are still friends. E-

31 August 2018, 05:23 AM	#6
brandrea 2024 SubLV41 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 78,126	I wouldnt have a problem selling to or buying from a friend. Cars are another matter Sent from my SM-G935W8 using Tapatalk

31 August 2018, 05:32 AM	#10
yashparikh03 "TRF" Member Join Date: Feb 2018 Real Name: Yash Parikh Location: New York Posts: 37	why not . Unless you dont trust him ..

31 August 2018, 06:00 AM	#12
Fort Rolex "TRF" Member Join Date: Dec 2012 Location: New Jersey Posts: 586	I'd be ok selling to a friend, but i'd first solicit the best offer I could from a third party and then give my friend the right of first refusal on the terms. That way later there's no "I undersold" or "I overpaid" because you have a firm example of someone who would have taken it under the same terms. IMO this would be the ideal way to do it

31 August 2018, 06:26 AM	#14
torrente "TRF" Member Join Date: Feb 2018 Location: Planet Earth Posts: 551	I won’t as principle, I would prefer to sell to somebody else in any case.

31 August 2018, 06:36 AM	#15
Burlington "TRF" Member Join Date: Nov 2017 Location: Europe Posts: 5,643	If you’re both happy with the deal and neither of you are losing out by doing so then why not. Just be sure it’s sold as seen and your friend is fully on board with that. Or agree to split the cost of a service before sale and then it’s a clean hand over in ‘mint’ running condition. __________________ “My tastes are simple; I am easily satisfied with the best.” ― Winston S. Churchill

31 August 2018, 06:45 AM	#16
MinMay Banned Join Date: Apr 2015 Location: United States Posts: 2,410	I sell bunch of them to my good friend for MSRP price, but I would get annoyed if he sells it for profit within a year. If I sell him Daytona C for 12K and he sells it for 20K, I would be WTF....

31 August 2018, 06:55 AM	#17
TeddyS "TRF" Member Join Date: Apr 2018 Real Name: Teddy Location: London U.K. Watch: sea-dweller 126600 Posts: 670	As long as he is happy with the price and you know that the watch is perfect and you aren’t selling him a dud then I say it’s a perfect situation Sent from my iPhone using Tapatalk

31 August 2018, 06:56 AM	#18
watchwatcher "TRF" Member Join Date: Jan 2009 Real Name: Larry Location: Kentucky Watch: Yes Posts: 35,047	I tend to avoid business dealings with friends or family. It just closes the door on a lot of potential problems.

31 August 2018, 06:57 AM	#19
crazymcmichael "TRF" Member Join Date: Jan 2018 Location: Here Watch: Sub 114060, 216570 Posts: 2,157	I would directly tell him TO TALK WITH MY LAWYER!!!

31 August 2018, 09:23 AM	#20
Andrés G "TRF" Member Join Date: Jul 2010 Location: Guatemala Posts: 3,392	I rather not do business with close friends or family.

31 August 2018, 10:10 AM	#22
DoctorA "TRF" Member Join Date: Oct 2017 Location: USA Posts: 6,545	I generally avoid doing any business, buying/selling with friends and family! If anything were to go wrong can cost that relationship! If anything were to happen to the watch or even regular Maintainance requirement can cause tension in the relationship even if they keep their concern to themselves if something were to happen to the watch......... not worth risking a friendship even if you’re 100% sure of the watch! __________________ Wear the watch you like, not the one they tell you to wear!

31 August 2018, 10:13 AM	#23
Nikrnic "TRF" Member Join Date: May 2017 Real Name: Louis Nick Ric Location: Michigan, USA Watch: Blnr, Expll, Subs, Posts: 10,172	I see no problem there, it's not like your dumping a lemon. Sent from my SM-G900V using Tapatalk

31 August 2018, 10:19 AM	#24
mikkolopez "TRF" Member Join Date: Sep 2010 Location: Philippines Posts: 2,301	I would sell if it was clear that the sale is a business and nothing to do with friendship. Also that the watch condition or cash value is acceptable to both with no misgivings and no further claims. If it is not a very clear and arms length sale then I wouldn’t. To family definitely NO bec you really can’t take away the blood relation out of any picture. Sent from my iPhone using Tapatalk __________________ At my age now ... I have SEEN everything, I have HEARD everything, I have even DONE everything, I just don't REMEMBER everything.

31 August 2018, 10:33 AM	#25
G.D.BeanCounter Banned Join Date: Sep 2010 Location: USA Watch: Sky DayDate 2 Posts: 1,317	I sold my GMT LN to a good friend/ business partner at my cost, which at the time was $1500 below what a dealer offered me, but that's what I promised him when he first said he wanted to buy it. I added a condition that if he ever wanted to sell it, that he had to sell it to me for no more than $500 above what he paid. He'll likely keep it, but I have since decided to let him out of our "verbal contract", so that if he sells it, he can probably get $2,500 above what he paid. I have no regrets. Not all "friends" are created equal though.

31 August 2018, 12:18 PM	#27
D O C "TRF" Member Join Date: Jul 2010 Real Name: Jim Location: US Watch: Rolex 116710LN Posts: 600	Don't recommend it. __________________ ROLEX 116710 LN GMTII "Random" ROLEX 16710 GMTII Pepsi "P" ROLEX 16622 SS/PL YM 29mm "V"

31 August 2018, 12:31 PM	#28
2nastie "TRF" Member Join Date: Nov 2016 Location: YVR Watch: Time Only Posts: 2,332	Under want scenario are you selling to a friend? If the watch is brand new I don’t see how there is a problem. As a friend he should understand anything can happen... It’s kind of confusing? Is there something wrong with the watch you are selling?

31 August 2018, 02:29 PM	#29
armen34 "TRF" Member Join Date: Jun 2015 Location: OC Posts: 1,466	As long as you disclose everything and the deal is done in good faith I don't see any issues.

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