Malaysia Watch Forum
Main Forums => General Discussion - Modern Watches => Topic started by: kygan711 on August 12, 2014, 08:40:46 PM
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Hi Sifu's, just wanted to learn more if any of you have experience buying watch from grey dealers/sellers out of Malaysia on :
1) how to get it into Malaysia preferred method or provider ?
2) will there be taxes or custom duties payable ?
3) what insurance need to buy when you make the purchase to ensure if the watch do not reach you , you are compensated.
P/S: Assuming we have knowledge of the seller and confidence in the watch sold by the seller is authentic.
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Just to share my experiences of making online purchases from overseas. Done this many times already and so far so good.
1) Have tried vide Fedex and DHL (Europe) with no issues. Get the tracking number for ease of mind.
2) No taxes on the watch. But non-document shipping vide PKFZ attracted RM5 charges recently.
3) Normally purchased by seller with premium agreeable by buyer. Goods in transit or All risk insurance.
Have fun ordering from overseas- the prices generally could be better for certain items and the waiting period adds up to the joy and excitement for its arrival in your safe hands! :Cheers:
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I normally buy while I'm on vacation, adds to sweet memories of our vacation even more. But due to the airlines accidents this year, I've cancelled my trip to Europe this year. ( I know I think too much, :) )
Andytagheuer, do you mind pm me your contacts? The bug is biting since I'm not going anywhere this year. Might as well get it sent to me. lol.. thx in advance.
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If you're buying the goods via EBay then try paying using PayPal.
PayPal is insured so if the item is lost or did not arrive then you can file for a claim for refund.
Ask the seller to send the item via EMS post as it should be safe as well. Slightly longer delivery but it's trackable.
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Hi Andy,
Mind sharing some of the people you buy from with good track record ?
Secondly, when you mention no tax for watches. Does this mean if I buy watch when at singapore and drive thru if stopped by custom it will be non taxable ? Similarly when I order from a Spore shop and they courier over non taxable ?
Thanks a million for your kind advice
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Watches are duty free in Malaysia.
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I bought one from a very reputable seller in Rolex forum at a very good price. The watch was exactly as what the seller described. It was delivered through DHL with no import duty at all and I have no regret buying from this particular seller.
I intend to buy again.
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There are quite a few sites e.g. Chrono24 and overseas watch forums, whereby individual sellers and grey sellers would advertise their watches. The easiest way to find them would be to Google the watch that you are looking for, and then go through their profile and feedback to ensure that you would be dealing with a genuine party. Since they would charge you for the courier anyway, I would normally have the European sellers send to my friends' addresses in UK (used to live and work there).
This way, if there was any problem with the watches, the discrepancies could be observed faster and disputes raised (but none so far). My friends would then send to me and I pay for the type of courier and insurance as I deemed fit. And did you know that some watches e.g. Seiko, actually have 2 years warranty for their European-sold watches as the competition in Swiss watches tend to have 2 years warranty- but the same Seiko watch sold hereabouts only have 1 year warranty.
No problems with Malaysian customs thus far. Although, point to note was that if you were sending purchased watches back to the seller for repairs or exchanges, you have to state the serial no. correctly in the declaration form as the local customs would check quite tediously.
There were also some manufacturers such as Steinhart and SevenFriday that I had made repeated purchases from their Germany and Swiss HQ, as it was harder to get their watches here. So far so good too.
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overseas currency exchanging rate is not good, change with local money changer before setting off is always wiser