dealer mark up - second hand rolex
dealer mark up - second hand rolex
Author
Discussion

bordseye

Original Poster:

2,216 posts

214 months

Wednesday 10th July 2019
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contemplating buying a second hand gold rolex for swmbo for an anniversary, but given the way that specialist dealers operate I wanted a bit of guidance on pricing. what to look for, what to watch out for.

and is most of their stock SoR as for cars?

KungFuPanda

4,577 posts

192 months

Wednesday 10th July 2019
quotequote all
The model you’re considering would give us a clue.

pmanson

13,388 posts

275 months

Wednesday 10th July 2019
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I'd suggest giving Dom at Hackett Watches a call, he's a very helpful guy to deal with (I purchased my Omega through him)

WreckedGecko

1,191 posts

223 months

Thursday 11th July 2019
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For the precious metal watches, you might not find much of a price difference buying new.

Worth a thought anyway.

bordseye

Original Poster:

2,216 posts

214 months

Monday 15th July 2019
quotequote all
she likes the half stainless half gold one with the diamonds round the bezel as in https://www.mappinandwebb.com/Rolex-Lady+Datejust-...

Not necessarily that model - there seem to be lots of alternatives inc from other makers - we saw a Tag one on a recent trip.

I know my way round second hand car prices - or at least I think I do. But I havent a clue what happens to second hand Rolex and the like, what are the scams, what are the dealer mark ups and therefore negotiating margins. In other words, right now I am a mug waiting to be ripped off.

Help!

Koln-RS

4,080 posts

234 months

Monday 15th July 2019
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I think it's now considered more fashionable for women to wear the men's sized Rolex models, or at least the mid-sizes.

One of the style editors in the Times said that women wearing diminutive 'ladies' watches was now akin to the middle-aged 'twin set and pearls'. Also, some of the men's models may be a better investment.

As suggested, talk to Dom, or go on the TZ Forum and explain your predicament - usually lots of helpful advice there.

Li Laga

741 posts

79 months

Monday 15th July 2019
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There are Rolex dealers and dealers that sell Rolexes. Make sure you get all the paperwork with it. I have a Yachtmaster I bought it because I liked it. It's worth more than I paid for it looking at sales on e bay and the like
I know a few people who have those blue face bi metal Subs.
The holy grail used to be the stainless steel daytona
Regular servicing is advised

Dicky Knee

1,089 posts

153 months

Monday 15th July 2019
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Omega Constellation?

https://www.beaverbrooks.co.uk/0116888/Omega-Const...

Or second hand (without the gold accents) from Dom Hackett who is well regarded and I have used previously

https://www.hackettwatches.com/hw/items/JWEBANSH2L

donutskidmark

1,391 posts

175 months

Tuesday 16th July 2019
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The market for secondhand women’s watches is absolutely dire-
It’s 100% a buyers market so be prepared to bargain hard for a good discount.

Previously I’ve found the smallest models such as 28mm not only look rubbish but are also not particularly accurate......I’d get her indoors at least a 34mm model.

WreckedGecko

1,191 posts

223 months

Tuesday 16th July 2019
quotequote all
bordseye said:
she likes the half stainless half gold one with the diamonds round the bezel as in https://www.mappinandwebb.com/Rolex-Lady+Datejust-...

Not necessarily that model - there seem to be lots of alternatives inc from other makers - we saw a Tag one on a recent trip.

I know my way round second hand car prices - or at least I think I do. But I havent a clue what happens to second hand Rolex and the like, what are the scams, what are the dealer mark ups and therefore negotiating margins. In other words, right now I am a mug waiting to be ripped off.

Help!
If she likes it, she likes it.

But you are throwing away an awful lot of money there...

For 15k there are some serious mid sized pieces out there. Think Patek Philippe, Caltrava etc...

And I would suggest not buying a 28mm as well.