Malaysia Watch Forum
Main Forums => General Discussion - Modern Watches => Topic started by: Calvin002 on March 24, 2016, 06:22:00 AM
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Hello friends,
Which do you think is better, getting a brand new watch or a pre-owned watch and why?
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If it's a keeper, then why buy brand new? If you intend to flip, or if it's s discontinued model or a birth year watch, then pre owned.
I bought a watch when each of my children were born, and I intend to gift it to them when they turn 21. So these I bought brand new. It seriously is up to you and your budget. No right or wrong answers here.
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If it's a keeper, then why buy brand new? If you intend to flip, or if it's s discontinued model or a birth year watch, then pre owned.
I bought a watch when each of my children were born, and I intend to gift it to them when they turn 21. So these I bought brand new. It seriously is up to you and your budget. No right or wrong answers here.
you have room for adoption? :Laughing_on_floor:
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If it's a keeper, then why buy brand new? If you intend to flip, or if it's s discontinued model or a birth year watch, then pre owned.
I bought a watch when each of my children were born, and I intend to gift it to them when they turn 21. So these I bought brand new. It seriously is up to you and your budget. No right or wrong answers here.
you have room for adoption? :Laughing_on_floor:
Sorry Kenji...My wife only wanted to have two kids...no more. And I am too poor to adopt anyways... ;D
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Depends on the piece. if easy to get (like a rolex subC) I would go for the secondary market and save some money.
If it is a hard to obtain piece and secondary pricing is close to new, I would prefer to get new.
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As for me, I am price-sensitive (a better way to label myself as cheapskate :Laughing_on_floor:). Therefore, I will always go for pre-owned watches BUT with thorough research.
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In my early years of collecting watches I would only buy brand new and from ADs only. But as my tastes changed moving more towards vintage or discontinued watches I had no option but to buy used watches (though I usually send it to the authorized service center for a overhaul/servicing).
As of now I havent had any bad experiences yet. So, I would buy if the right watch is available at the right price.
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I am sometimes in dilemma on this too.
Especially for Panerai, a 1-3 year old watch could be like 2-4k discount from new.
And some 5-8 year old watch could be 5-6k difference.
Given the age and I think this are quite small discount better buy new at least i Know it's 100 percent authentic for current models which are still in production.
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Depends. If you want to use it and enjoy it with no intention to flip, you could go brand new. Pre-owned watches are ok, but you really need to trust the seller and look at the warranty of the watch. If you know your stuff, you can go pre-owned with little hesitancy.
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Dealing with preowned watches have to be knowledged and preferably with trusted seller/shop
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my two cents...
i got 2 watch boxes and theyre a mixed bunch... espcially for my pams, i dont have patience to wait 1 year to get my hands on a certain model.. for these, i venture into pre-owned ones .. but that said, one has to be really careful..
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It boils down to personal preference. Some people don't like used pieces and only buy brand new.
However, most of the commoners like me, who want more than a couple of watches will definitely end up having a mix of new and pre-owned. I have more pre-owned than new.
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Depends on the piece. if easy to get (like a rolex subC) I would go for the secondary market and save some money.
If it is a hard to obtain piece and secondary pricing is close to new, I would prefer to get new.
Have to agree with this, add up also if its a limited edition i wouldn't mind grtting in pre-owned market too!
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Seriously by looking at the topic "never buy a Brand New Watch !" is very confusing because after reading from Calvin002 post, the topic from a "!!" statement becoming a "??" question.
You are funny.... :Confused:
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I think pre owned will be better :)
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I like preowned too because of the cost. But now and then I see one that I go like "this is damn nice. I will keep forever and pass to my kids". Then I find yourself wanting brand new. Maybe impulsive. Expensive hobby.
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Watch Dealer's Reputation – As Eric explains, when buying a watch, you need to make sure that the dealer selling it to you is trustworthy and reputable – so make sure to check reviews and the dealer's reputation online. It's better to buy a used watch from a great dealer than buying a new one from an dishonest one.
Condition of the Watch – In order to justify the purchase of a preowned watch, its condition must be relatively good. Eric goes one step further and states that in order for him to be swayed in favor of pre owned, the watch has to be in “like-new” condition; otherwise, it wouldn't make sense to purchase it.
Watch Price – A used watch, even in like-new condition, is going to cost less than an unworn model. This is the main reason that customers who want to get the most bang for their buck gravitate towards the preowned market. If the difference between the new and used model is significant enough, Eric feels buying used is the better option.
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Watch Dealer's Reputation – As Eric explains, when buying a watch, you need to make sure that the dealer selling it to you is trustworthy and reputable – so make sure to check reviews and the dealer's reputation online. It's better to buy a used watch from a great dealer than buying a new one from an dishonest one.
Condition of the Watch – In order to justify the purchase of a preowned watch, its condition must be relatively good. Eric goes one step further and states that in order for him to be swayed in favor of pre owned, the watch has to be in “like-new” condition; otherwise, it wouldn't make sense to purchase it.
Watch Price – A used watch, even in like-new condition, is going to cost less than an unworn model. This is the main reason that customers who want to get the most bang for their buck gravitate towards the preowned market. If the difference between the new and used model is significant enough, Eric feels buying used is the better option.
The above which raised only 1 question in my mind... who the heck was this Eric figure here? :Laughing_on_floor:
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I think it will depend on the personal preferences. If you want to save some money and invest your time to do a lot of researches, you can go with pre-owned watch. If you are not a price sensitive person than go directly with a new one.
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New things make me wanna baby them more than usual. Older things with signs of wear makes me a little more relaxed.
Personal issue....
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any sources can get pre owned watch ? I'm looking for this as well.
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Buy brand new if you predict/know its second-hand value is higher than the retail price. Otherwise, you're right, buy second hand from a trustworthy source.
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any trustworthy source can intro ? thx
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FWIW
i bought a few good quality second hand ones, cheapish like maurice lacroix and baume and mercier... am quite happy with them ..
naturally the condition of the mechanism is a concern.
if u dont mind servicing them, pre owned can be a fantastic market..
if u want the whole lot.. book, box etc for the experience.. then get new.. its always nice and holds the value better..
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where do you buy ? any intro ?
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Their original shop is in Pudu ( behind the market), had a lot of pieces rolexes,ap, Parmigiani, u name it... and a lot of middle men hanging around there..waiting to flip the pieces..as they say cash is King..then i could only dream.
u know they would tickle me and say put it on....
they have a new shop in times sq ( and the prices have subsequently gone up)..
to them a trade is a trade.. all in it for the money cos they treat it as a business.. they arent too sentimental about it.. so i see it that way as well until i get light headed about a piece..
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I used to buy pre-owned watch before. Some from shop and some from individual seller. The main factor is the price is almost half compare to the new one.
I'm not much worry about the authenticity. I will do a homework before buy any particular watch. I study the vital sign, check the warranty card and any accessories also any service document etc.
But then after a while, I start to think the history of that watch either I bought it from shop or individual. What is the history of that watch? Is that seller is the first owner? Where did watch actually come from even it is complete set from box to receipt. I'm mean about security buying pre-owned watch. Sometime I wonder how to proof that I bought that watch from somebody. If it is from a shop there is no problem cause of course they will provide a receipt after the purchase. Well, this is just my personal opinion.
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I'm mean about security buying pre-owned watch. Sometime I wonder how to proof that I bought that watch from somebody. If it is from a shop there is no problem cause of course they will provide a receipt after the purchase. Well, this is just my personal opinion.
I have bought both new and pre-owned pieces. For watches out of production or vintage pieces, pre-owned was the only way to go forward. Authenticity was the easier issues as you could get the SC or watchsmith to open the case and check on the movement therein. The main issue was whether the watch was legitimate- what if it was a stolen piece? To protect myself, I have a bill of sale to be signed off by the seller relinquishing all his rights on the sold watch and as proof that the piece was sold by him. And most important of all, I always practise the golden rule of it all, "Buy the Seller, not the watch!". If the seller was dodgy, I would rather walk away from a cheap sale than to have repercussions later on. To me, peace of mind was more important.
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Bought mine from Kenny at Swiss hour at Times Square. You can check his watches out there, many rolexes. Alternatively has friend buy from wing wah watch, no major problems from our purchases so far. However, be warned, always do your homework and know your stuff for pre owned and be patient. Do lots of research before buying. I noticed good watches and deals move really fast, so have to research now and wait....when the watch appears then go buy it!
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If it's a keeper, then why buy brand new? If you intend to flip, or if it's s discontinued model or a birth year watch, then pre owned.
I bought a watch when each of my children were born, and I intend to gift it to them when they turn 21. So these I bought brand new. It seriously is up to you and your budget. No right or wrong here.
So true Dualcarb.
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Depends. If you want to use it and enjoy it with no intention to flip, you could go brand new. Pre-owned watches are ok, but you really need to trust the seller and look at the warranty of the watch. If you know your stuff, you can go pre-owned with little hesitancy.
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just wondering which watch has the most value? Like as i know rolex is one of it.. but for others like the price is dropping real quick.
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If it's a keeper, then why buy brand new? If you intend to flip, or if it's s discontinued model or a birth year watch, then pre owned.
I bought a watch when each of my children were born, and I intend to gift it to them when they turn 21. So these I bought brand new. It seriously is up to you and your budget. No right or wrong answers here.
Totally agree with you. Brand new watches you buy them for specific occasions and you plan to keep them for the next generation.
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On Year 2009 I start my journey to collect new watches, unfortunately once I feel didn't wear anymore & try to sell & change to others watch, I only realise I will list a lot of money on my old watches !
I start my new journey on 4 years ago to look for preowned watches, I found a lot of special & Limited Production, I find out this is the correct way for my self !
Sometimes the preowned watches can let go with better price and nake some pocket money. :Cheers:
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If you can make money from your hobby, that's great! But realistically most would spend on our hobby rather than profiting from it.
Used or brand new? If you have the budget for it, why not?