Chrono24

[Radim]

Dear members,

I have found a watch on Chrono24 and would like to see if anyone ever mad e a purchase there? Is it safe? What do you need tjj on now/ask before commit to buy? Can the watch be fake or this is covered by Chrono24? I am in Au and the seller is from USA.

How about customs? Will they hit me with additional cost on arrival?

Rolex Submariner 124060. Comes with papers, box 2022 year asking AUD 17 000

Thank you very much.

[4rnold]

I have, but I would be carefull with buying from another continent. Since you will pay a LOT for customs and import fees. Besides that, chrono24 is a snake pit.

Be very carefull

Unless you buy something 'unique', buy in you own country

[Trailboss516]

I would avoid, I just think it opens up so much of a hassle and headache. I can make a long list of things I question that C24 does, including labeling someone as a "private client advisor" who self-identifies as a content marketing manager on a professional networking site.

Giant roll of the dice, good luck.

[Harry-57]

I use C24 to locate watches, then I contact the seller via their website. It's a good starting point shop window and separates the serious sellers from the time wasters. I have only bought from UK sellers with brick and mortar stores who I can visit before buying and I've never paid the C24 advertised price.

I would not buy something to be delivered from overseas, I think this multiplies the risk too much. If you don't know the reputation of the seller and you can't handle the watch before you send funds you're always taking a chance, but at least C24 will hold your funds until you authorise payment.

Imports will get hit by tax unless your consignment slips through. It's unlikely but it's a bonus if it happens.

[Radim]

Thank you all for such a prompt replies! I would also prefer to see the watch in person before buy but there is not much available in Sydney, AU. I was lucky to obtain two Rolex from AD but it looks like Submariner is another level and the wait is huge if any:)

[Mystro]

Yes, but you still need to be careful of who is selling. I didn’t have any issue but it was with a well known dealer that also sells on Chrono24.

[Andad]

No duty is payable on watches to Oz but GST is payable on the value of the watch including freight and clearing costs.

I would estimate Aus$1800.

[Podmornica]

Just hold on until the November 2023, you will get that plain sub within a day at your local AD.

[Radim]

Originally Posted by Podmornica

Just hold on until the November 2023, you will get that plain sub within a day at your local AD.

Do you mean pre owned? I do not think I will be able to afford that…

[Jessiecopeland]

I have bought 5 or 6 watches from chrono24.
I trust them, I have never had an issue.

I also have used Catiwiki for 4 watches.

If you do your due diligence you should be fine.

[rootbeer7]

Use it wisely and it’s a great way to locate watches & build up knowledge. I would contact any dealers directly once I’ve found what I want.

[Skabadi]

On a similar note would you sell on chrono24 as a private seller?

[waterman1]

I just used for first time recently but only to purchase an older model IWC Aquatimer with no papers, so relatively inexpensive.
But experience ended up being great.
I would use caution on there, ask questions, go slow.

[Podmornica]

Originally Posted by Radim

Do you mean pre owned? I do not think I will be able to afford that…

No, I mean brand new at MSRP. Demand is falling fast with each passing day as mamas basement flippers realized there's no profit for them anymore on some models. The ADs are digging deeper and deeper down the list to sell a watch. What used to be a first call sells the watch is now 5th or 10th for some basic models like Datejust and Submariner. By the year end with all the stock market collapse that's coming hardly anyone will want to cash out a 10K for a plain Sub

[KY..]

Similar to eBay, I’ve used C24 for purchases of older rare watches from other countries where I know what I am getting.
I would hesitate to buy modern there since you can usually find modern watches closer to home.

[Radim]

Originally Posted by Podmornica

No, I mean brand new at MSRP. Demand is falling fast with each passing day as mamas basement flippers realized there's no profit for them anymore on some models. The ADs are digging deeper and deeper down the list to sell a watch. What used to be a first call sells the watch is now 5th or 10th for some basic models like Datejust and Submariner. By the year end with all the stock market collapse that's coming hardly anyone will want to cash out a 10K for a plain Sub

I hope you are right!

[Drand]

I have made a purchase from Chrono24 and it was okay. But that doesn't mean there are no risks from making purchase there. Besides, mine was within the same continent.
Personally, I won't make a purchase from another continent unless it's a special one and in this case "special" is relative.

[Radim]

Thank you guys. I will keep an eye on Au market and hopefully we Sub will show up soon.

[Mr Ben]

Originally Posted by Harry-57

I use C24 to locate watches, then I contact the seller via their website. It's a good starting point shop window and separates the serious sellers from the time wasters. I have only bought from UK sellers with brick and mortar stores who I can visit before buying and I've never paid the C24 advertised price.

I would not buy something to be delivered from overseas, I think this multiplies the risk too much. If you don't know the reputation of the seller and you can't handle the watch before you send funds you're always taking a chance, but at least C24 will hold your funds until you authorise payment.

Imports will get hit by tax unless your consignment slips through. It's unlikely but it's a bonus if it happens.

Exactly this - C24’s fees are not insignificant so you may also be surprised how much the dealer will knock off the price if you are able/ willing to visit the store, view and pick up the same watch and pay by bank transfer/ similar. Same with eBay.

[faimag]

I have, and all went smoothly. But as always, trust the seller and do your research.

[domi1]

watch out for taxes.

[Edb5020]

Originally Posted by Drand

I have made a purchase from Chrono24 and it was okay. But that doesn't mean there are no risks from making purchase there. Besides, mine was within the same continent.
Personally, I won't make a purchase from another continent unless it's a special one and in this case "special" is relative.

There are no risks withe Chrono24, the money goes into an escrow and the dealer is not paid unless the customer is satisfied. 14 day return policy too. I cannot think of a safer way to purchase a watch.

[Heraklion]

It's a lot of money to use in an environment with such risks. Escrow or not, there are all kinds of traps. For that kind of money, go for a trusted dealer.

[lemonicity]

Find a trusted dealer. Chrono24 = risks

[nGage7962]

Radim, I have 4 chrono24 experiences to relate.

1. Sold Tudor Heritage Chrono Monte Carlo. Shipped Sydney to Tasmania. All went 100% OK

2. Was looking for a BNIB or close Rolex DJ41 TT. Found a Sydney Grey Dealer on 24 with one. Contacted them directly and did the deal in person at an independent watch maker for validation. 100% happy.

3. Sold a Micro Brand watch I bought from the US (LumTec M24) to a guy in France. Watch hit French customs who notified buyer. Buyer failed to do what was needed to clear it through customs. 3 months later watch was returned to me. A total PITA. I had all the evidence to show the buyer was at fault. Chrono24 made the buyer cover my shipping and insurance. Not a very good experience, but only good things to say about Chrono24 in this case

4. Was looking for a BNIB unworn Rolex DJ31 TT for my wife. Found a Sydney Grey and contacted them directly. Deal done same day once again at independent watch maker. Watch had only been purchased 5 days prior.

[nGage7962]

Also did a quick search of Chrono24 and see that there are 4 in Sydney. Might be a better way to go.

[Baiv]

It's good for window shopping

[londonpilgrim]

I've bought and sold a few pieces on Chrono24 which great success... check out the dealer reviews and talk to them firstly , maybe see if they have a website, send them an email.

Factor in import duty when ordering (I only order from the UK on there, that extra 20% is too painful)

[Radim]

Originally Posted by nGage7962

Also did a quick search of Chrono24 and see that there are 4 in Sydney. Might be a better way to go.

Hi Mark, thank you so much for your input. I could find only one dealer in Au offering the latest Rolex Sub with no date. They have a price on application (maybe they do not even have the watch) but they never got back to me when I enquired about their price

[NickD1975]

Originally Posted by londonpilgrim

I've bought and sold a few pieces on Chrono24 which great success... check out the dealer reviews and talk to them firstly , maybe see if they have a website, send them an email.

Factor in import duty when ordering (I only order from the UK on there, that extra 20% is too painful)

To be fair you (we) are already paying that 20%, at least on the dealer's profit. It's why UK watches always look more expensive than other countries.