Buying a Watch from Bankok...
Buying a Watch from Bankok...
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Paul S4

Original Poster:

1,313 posts

241 months

Wednesday 29th February 2012
quotequote all
As per title...I am considering buying a 'pre-owned' Omega via ebay from Thiland

Couple of questions;

Will I have to pay import tax on a watch, and approx how much would that be on, say, a £300 S/H Omega ?

The particular site looks OK, has very good/high feedback, so I am tempted !

Any advice appreciated.

andy tims

5,606 posts

277 months

Wednesday 29th February 2012
quotequote all
Paul S4 said:
Will I have to pay import tax on a watch, and approx how much would that be on, say, a £300 S/H Omega ?

The particular site looks OK, has very good/high feedback, so I am tempted !
VAT = 20% + a small handling fee of circa £20.

Bangkok = Lots of fakes. Hope the watch is genuine.


Edited by andy tims on Wednesday 29th February 23:12

Ikemi

8,610 posts

236 months

Wednesday 29th February 2012
quotequote all
Paul S4 said:
As per title...I am considering buying a 'pre-owned' Omega via ebay from Thiland

Couple of questions;

Will I have to pay import tax on a watch, and approx how much would that be on, say, a £300 S/H Omega ?

The particular site looks OK, has very good/high feedback, so I am tempted !

Any advice appreciated.
There is a slight chance the package will slip through the net and avoid import taxes, but for the majority of the time, you will be charged. I'd factor in the additional cost just in case.

I believe that if the watch is marked as second hand, you'll not be charged import duty. However you will have to pay 20% VAT, so £60!

Not sure I'd buy an Omega from Thailand though ... How will you be paying? Does the site have any reviews from previous customers? Are you certain you'll receive the same watch as pictured? Which model of Omega is it?

Paul S4

Original Poster:

1,313 posts

241 months

Wednesday 29th February 2012
quotequote all
The site has about 3000/ 100% so that would seem to bode well.
I have been looking at 1980's Seamaster date autos, all seem to go for somewhere around £350-400. The feedback reports seems fine .

I seem to recall that there used to be a German seller on ebay who used to regularly sell these types of Omega, but not seen him lately.

I would quite like an 70'/80s Omega, I like the simple understated style and the stainless steel bracelet. Something like this one ;



Although I really prefer a date only dial.

I am also coincidentally looking at some f300 Omegas, although I think that the prices seem a bit high for a 'non-mechanical' movement.
I am selling some vintage hi-fi stuff on the bay, almost 'cash in the attic' you could say, so I would like to put the money towards a nice watch that will hold it's value.
Alternatively, I could just get a new Stowa MO...but that would depreciate over time, and I would be a bit more 'precious' about a brand new watch !!

thesyn

540 posts

212 months

Thursday 1st March 2012
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I think with the potential hassles mentioned above that it would have to be seriously cheap.

Paul S4

Original Poster:

1,313 posts

241 months

Thursday 1st March 2012
quotequote all
Thanks for all the advice.
I did not appreciate all those 'hidden' costs. Perhaps I shall wait & get a more local watch !

sneijder

5,231 posts

265 months

Friday 2nd March 2012
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It'll be genuine, in that it's built from genuine bits.

You'll find the dial has been repainted too to make it look new.

Any watch from India is suspect too.

BartSimpson

3,965 posts

215 months

Friday 2nd March 2012
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If you tell me where it is I can check it out for you?

I've just moved from Bangkok to the Philippines last December, but will be going back this week to get our cat.

If I can help, let me know.