Rolex AD’s will be selling preowned Rolex in April this year….they will be called Certified Pre Owned…hope you have deep pockets…oh, welcome!

 

I want to find a deal just in case a year or two from today if I want to sell it and break even

Watches are not something you should buy in order to 'break even'.

 

That is true in spirit but on the flip side, that is the best way to save money in watch collecting. Although, it's a tactic usually used on brands that don't do well second-hand, and the brands OP watched weren't among those....

 

If you want a Rolex, put your name down at an AD and wait. Nobody is going to sell you used one for less than MSRP. If they do.....don't buy it.

 

It sounds like you joined for all the wrong reasons and then some.

 

Being new to the watch world you may want to consider something a little less than Patek and Rolex. You don’t know what you really like yet. Get to know more about brands and feature before you go all in. IMO

 

Many new collectors find this advice super conceited and tend to get offended.
But this is great advice. And it is proven time and time again.

Either (1) walk into an AD and pay full price for a Rolex (if you can find one) or Patek OR (2) start with other watches if you want to go pre-owned.
But don't start your collecting with a pre-owned Rolex or Patek. You will get burned.

And Welcome to Watchuseek!

 

Make this man your guru and you’ll be well on your way:

 

I've purchased many watches thru eBay (but never a Rolex - not interested in them).

eBay watches (starting at $2000 and up) are generally first shipped to another facility for authentication (FREE Service check) - before being sent on to you. If the authenticator finds anything out of place both parties are notified - BEFORE the actual sale proceeds.

Edit in: for $80 you can purchase this service for those more economical watches not covered.

Additionally there are ways to protect your money - I pay my eBay purchases thru PayPal; both PayPal and eBay offer guarantees against bad sellers, lost shipments, etc. While clunky and time consuming - it works. Twice now for me.

 

This is going to go over well...

 

Grey Market.

 

Wee-bay’s house.

 

I can't imagine considering a watch purchase, and at the same time bringing up the idea of potentially selling it before it's on my wrist. That's just me though.

 

Put yourself on the list for both brands at your local AD’s. In a year or two when you get the call you can turn down the opportunity and you will have broken even.

 

I look in my dead grandfather's top drawer. Lots of bargains with good resale value there. I almost always break even.

 

seems trollish to me...just me?

 

Nope, i was about to say “troll alert” as well.

now, how long will it take for admins to lock this thread?

 

Best place to find a pre owned watch? On someone’s wrist. 100% pre owned. How you get it off might be the challenge here.

 

If you want to break even, you've picked the wrong hobby.

Rolex and Patek sell at a premium over MSRP, especially pre-owned.

 

Wrong start…rewind and try again.

Buy a watch that you like, don’t think about resale before you do, it will spoil The whole experience for you.

And you won’t be able to just buy a Patek or steel Rolex, you will have to pay 2-3x what they should be sold for, and then your loss at sale will be huge.

Step back, hang around on the WRUW threads, look at a lot of great watches, and then buy one that fits your budget, wrist and lifestyle.

Good luck.

 

You don't break even with watches........

Google is your friend.

 

Who do I recommend for pre-owned luxury wristwatches? In America, who do I recommend?
David SW David SW David S W.

 

Nu…that you, Archie? 🤔

 

If I had to venture a guess, the correct answer is ... "not here."

 

🍿………….

 

We all try to buy smart so, if we had to sell, we wouldn’t get burned too badly. That’s fine. But…if that’s your primary criteria, perhaps five and six figure watches aren’t the right choice financially.

Buy what you love. Buy what you can afford. Buy from trusted sources.

This is the way.


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For high end look at TZ or Rolex forum.


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Just look at people wrists, that's where pre owned watches are.

 

New watches have about a 40% markup. Keep that in mind as you buy and sell.

 

Margin.