Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: vinicyap on August 25, 2015, 06:34:36 PM

Title: Wanna ask. Used panerai
Post by: vinicyap on August 25, 2015, 06:34:36 PM

Normally if a brand new PAM000 used for two years. Whats will be the depreciation value for it? If my purchasing price were rm17,000. Thank for help if any

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Title: Re: Wanna ask. Used panerai
Post by: Spider boy on August 26, 2015, 07:25:44 AM

i will buy it from you if you sell me half of what you paid.    :Laughing_on_floor:

Title: Re: Wanna ask. Used panerai
Post by: Omnipotent on August 26, 2015, 08:40:09 AM

i don't think there's a guideline for this...mostly willing buyer willing seller agreement.

you can google for a used one on the internet to get a rough estimate  :thumbsup:

Title: Re: Wanna ask. Used panerai
Post by: r3kahsttub on August 26, 2015, 08:47:04 AM

Depends on what you really want back from it. MY market prices are a little different than in the US, I suppose. Brand new zero still goes for about RM17-18k today, so I suppose RM14-15k is a fair price? Also, need to factor in condition and completion of the set.

Title: Re: Wanna ask. Used panerai
Post by: G.MAC on August 26, 2015, 08:54:25 AM

I would think you knock-off 30% from your purchase price to get an accurate price for a used one.

Title: Re: Wanna ask. Used panerai
Post by: Timeless on August 26, 2015, 09:59:27 AM

Around 15-16 provided mint cont, otherwise below 15 then

Title: Re: Wanna ask. Used panerai
Post by: dualcarb on August 26, 2015, 10:29:41 AM

Quote from: G.MAC on August 26, 2015, 08:54:25 AM

I would think you knock-off 30% from your purchase price to get an accurate price for a used one.

I agree with bro Gmac here as this is the general rule of thumb in most pre owned markets. This is true in Malaysia, HK and Singapore.