Bucherer Preowned

[911cz]

Stopped into Bucherer in Lugano, Switzerland. The prices for the their preowned Rolex pieces are still quite shocking. All pieces are serviced but not touched up for scratches. Clearly pieces on grey market in the US are still much cheaper when compared to what I saw there.





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[911cz]

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[brandrea]

Yes I agree. I was at their location in Lucerne over the Christmas period and felt their prices were quite high. They did have some great watches though

[hellofromthebay]

Agreed. They will discount preowned very quickly. Up to 10% which is still not enough.


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[garyk]

Originally Posted by brandrea

Yes I agree. I was at their location in Lucerne over the Christmas period and felt their prices were quite high. They did have some great watches though

My wife and I visited that store in 2000 and bought her an Omega. She still wears that watch a lot!

[brandrea]

Originally Posted by garyk

My wife and I visited that store in 2000 and bought her an Omega. She still wears that watch a lot!

That’s fantastic Lucerne is just so beautiful. What a great memory you two must have


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[1William]

The CPO Program has done more to help the Trusted Sellers than anything they could have done themselves. The prices can be eyewatering from the CPO Dealers and they prey on those who price does not make a difference or are scared of the internet, or a combination of both. It is interesting to me how some choose to consistently put down the Trusted Sellers for operating a business in a free market but seem to give the AD's a pass on what could be described as authorized price gouging. Of all of the watch people I know I am yet to meet anyone who has, or will admit, to buying CPO.

[Mr Ben]

Switzerland is just a victim of its own success. The currency is astonishingly strong which is a big contributor to the luxury watch prices we have to suffer in recent years. The minimum wage levels and prices generally are very high.

CPO prices are nuts. Add together CPO prices and Swiss prices and it’s never going to be cheap.

Beautiful place though - if I had to pick one country to spend the rest of my life in, it would be Switzerland.

[NigeG]

Originally Posted by 1William

The CPO Program has done more to help the Trusted Sellers than anything they could have done themselves. The prices can be eyewatering from the CPO Dealers and they prey on those who price does not make a difference or are scared of the internet, or a combination of both. It is interesting to me how some choose to consistently put down the Trusted Sellers for operating a business in a free market but seem to give the AD's a pass on what could be described as authorized price gouging. Of all of the watch people I know I am yet to meet anyone who has, or will admit, to buying CPO.

Agreed. I’ve yet to meet or hear of anyone that has actually bought on the CPO programme.

I got walked over to the CPO section in one AD when it was obvious I wasn’t interested in the two tone stuff they said I could have without too much of a wait.

It got interesting when I laughed at the prices. The sales assistant said we take the price that we give for buying a used piece in, the cost of Rolex reconditioning the watch and its certification and add a small margin to arrive at the selling price. So asked what my 2001 Sub Date would be worth in part ex against a 2021 GMT Master BLRO they had in store at £17950. Between £6k - £7k depending on condition and what comes with it was the reply. Said I’ll forget about that then after I’d stopped laughing.


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[carwashchris]

Hard to believe the CPO program will last, I was at the Sarasota FL AD this past week and they had a Hulk @ 28.5 k. They presented it as it was a highly sought after and won't last long.

Chris

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[77T]

In the case of Bucherer in Lucerne, were those prices high due to VAT?


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[Kevin of Larchmont]

I have and will admit to buying CPO. Twice. Shopping is a skill like any other, acquired through practice. Stay away from the cliched hyped pieces, focus on larger AD organizations with multiple locations and more redundant inventory and vet the pricing against trusted sellers and other internet vendors. While there are no bargains to be had via CPO there can be value for those who shop intentionally.

[jlovda]

Originally Posted by 77T

In the case of Bucherer in Lucerne, were those prices high due to VAT?


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The Switzerland VAT is only about 6-7%. If you want to save money as a tourist because of VAT, go to Norway. 25% (about 21% after Global Blue takes their fees)

[jlovda]

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