Author Topic: used watch shop over price?  (Read 3224 times)

Offline chrisyen

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used watch shop over price?
« on: August 05, 2009, 01:21:33 PM »
yesterday i dropped by a famous pre owned branded handbag shop in Cheras !
was thinking to check any attractive pre owned watch....

below is my conversation with the seller....
c = me  m = shop seller


c : do u hv any new rolex sport watches? i'm looking for sea dweller, gmt ii c?
m : we hv a sub in kepong branch.... r u interested in omega? we hv a few speedmaster here....
c : i prefer moon watch, hand wind, bigger case.... prefer the see through caseback version
m : we sold 1 to our 'hong gah' yesterday...

c : can i see this pam 210 radiormir?
m handed it to me
c : wah the leather strap is cracked..... do u hv the box and paper... and extra strap?
m : no, we hv only the watch...
c : wah, will you offer a brand new strap then since this strap on watch is already worn till cracked here n there....
m : the new strap will cost rm600 +++
c : so if no box no paper no extra strap and tools.... then how much is the watch head?
m : we are looking at RM13,800 !

c: HUH? dont you think you over price this?.... my fren bought this last month at RM14k only... bnib fullset!!!
m: cannot be so cheap....
c: my fren bough it from your 'hong gah' time pacific.... if u do not believe then pls call them....
m:...........
c: better tell me what your reasonable price.....
m: RM13,500k
c: rm500 less than a new one, no strap basically, no box, no paper, no tools... not over price?
m : we just help ppl to sell.... this is what seller want.... cant sell lower...
c: dont you think you should check the market price before u accept the 'help to sell' deal.....
    my fren bought 1 from used with box n papers from ampang at rm11k
    heard they sold another similar condition at rm10.5k...
    so yours no leather strap, no box... should be around rm8-9k?
    then u ask for rm13,500k..... will this destroy your company brand?

then no reaction from m..... i just walk out.....

Offline sshark

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Re: used watch shop over price?
« Reply #1 on: August 05, 2009, 01:50:18 PM »
If I were you I jsut nodded and walked out. Dun need to educate these ppl unless he's "your friend". Probably he dunno or dun care. If it is on consignment then he can't sell any lower. He's in the business he should be educating / advising his sellers / buyers.

Offline David_cheong

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Re: used watch shop over price?
« Reply #2 on: August 05, 2009, 01:57:53 PM »
Yen.....wah...where exactly is this shop?. worth a look-see? (near my working place?)

Anyway, good read.

Thanks for sharing.

DC
I am almost a recovered watchaholic, but last checked shows only 70% recovered. How?

Offline takashi78

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Re: used watch shop over price?
« Reply #3 on: August 05, 2009, 03:12:36 PM »
I seen this shop's website.
I think they more specialize in handbags and sorts.
Their prices are either to sell to those who not so knowledgeable or the person who selling to you dunno how to nego price.

Offline fleaman

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Re: used watch shop over price?
« Reply #4 on: August 05, 2009, 03:15:49 PM »
Guess... there's no market intelligence done from their end.

Looks like the PAM will be sitting there for a while...

Offline chrisyen

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Re: used watch shop over price?
« Reply #5 on: August 05, 2009, 04:03:57 PM »
david... near your work place.... yes!

we need mwf... so that we can share our experience with others....

anyway, this is my personal experience.... mayb i'm just 'yong sui'.... so they treat me this way...




Offline N79KL

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Re: used watch shop over price?
« Reply #6 on: August 11, 2009, 03:05:13 PM »
seriously i dont know how these used watch shop can sell their pieces with those high prices but they do.... unfortunately
yours is not an isolated case. even time pacific tried to sell me a used GO once and in the end I bought BNIB at AD for a couple hundred more.  :-\
'

Offline chrisyen

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Re: used watch shop over price?
« Reply #7 on: August 11, 2009, 04:01:54 PM »
yes, this is not isolated case....
so do your homework before you go to visit those shop...