How to know the depreciation rate for Longines Master Collection Moonphase?

[hugopua1981]

Dear all,

I had a watch not more than 2 months. I would like to sell it but I don't know what's the reasonable price. May I know how's the depreciation rate for Longines watches? Is it not suitable for sell within short period?

Thank you for advise.

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[ck77]

For a 2 months old regular production watch, I would say probably 10% to 15% cheaper from your purchased price.

Always put yourself in the buyer's shoes, why would he buy used if he can get a brand new watch from AD by paying a little bit extra.


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[hugopua1981]

For a 2 months old regular production watch, I would say probably 10% to 15% cheaper from your purchased price.

Always put yourself in the buyer's shoes, why would he buy used if he can get a brand new watch from AD by paying a little bit extra.


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Erm... is this formula work for Longines?

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[ck77]

Hard to say, as Longines and particularly this model is not sought after.


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[hugopua1981]

Hard to say, as Longines and particularly this model is not sought after.


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I'm newbies in automatic watch. I'm attract by this complication watch. But I'm lusting for Omega aqua terra James bond edition now. Change my taste not more than 2 months.... from complication to simplicity.

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[hugopua1981]

Hard to say, as Longines and particularly this model is not sought after.


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I'm newbies in automatic watch. I'm attract by this complication watch. But I'm lusting for Omega aqua terra James bond edition now. Change my taste not more than 2 months.... from complication to simplicity.

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I'm thinking want to let my longines go or not... don't know the resale value. I have to keep if it is too low.

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[ck77]

You may try your luck here (after accumulating 25 quality posts first, though) or muxah or ebxy

Yes, less is more. Simplicity is the best.


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[deriku]

If you sell the Longines now you're going to take a hit, and my gut feel is more than 15% of your purchase price. Plus it seems like your taste changes pretty quick. If you have enough funds for another watch, why not hold on to the Longines for a bit more, you might grow to like it.

[hugopua1981]

If you sell the Longines now you're going to take a hit, and my gut feel is more than 15% of your purchase price. Plus it seems like your taste changes pretty quick. If you have enough funds for another watch, why not hold on to the Longines for a bit more, you might grow to like it.

Your advice is not bad also. Maybe I will keep it as a collection.

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[theseira]

For longines you gonna take a big hit. I'd be surprised if you don't. Usually Id suspect that second hand value of longines is around 40%-50% or more of the retail price.

[hugopua1981]

For longines you gonna take a big hit. I'd be surprised if you don't. Usually Id suspect that second hand value of longines is around 40%-50% or more of the retail price.

The retail price is RM13250, means I still can sell it at price RM7000. Good deal also.

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[hugopua1981]

For longines you gonna take a big hit. I'd be surprised if you don't. Usually Id suspect that second hand value of longines is around 40%-50% or more of the retail price.

The retail price will increase soon due to Ringgit Malaysia depreciate.

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[tonykpk]

longines legend diver you be hit only very minimal.

[hugopua1981]

longines legend diver you be hit only very minimal.

Legend diver not my cup of tea.


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[myric]

longines legend diver you be hit only very minimal.

I concur!

[dennis.T]

I am more conservative. You are losing easily 30% from your purchase price the moment you step out the shop with the watch you bought. Even Rolex also the same. Unless what you bought is special edt/limited edt from those big brand watches.

[Timeless]

Generally 20-30%, could slightly adjust if mint condition

[nikfs1881]

I am more conservative. You are losing easily 30% from your purchase price the moment you step out the shop with the watch you bought. Even Rolex also the same. Unless what you bought is special edt/limited edt from those big brand watches.

30pct of purchase price for rolex after you step out of the shop? No way....more like 15pct of purchase price for rolex or a max of 20pct if desperate sale....cant imagine those who bought subc date for rm27k (price pre-gst) would sell for rm18900(30pct) similar to the price of 10 yrs old alloy bezel sub (16610)

But i do agree with 30pct off purchase price for most brands, eg longines, tag etc (generally speaking)


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