Expert Buyer Reveals: How to Get the Most Cash for Your Rolex!

  Рет қаралды 18,139

GREY MARKET Podcast

GREY MARKET Podcast

Жыл бұрын

While there are some general best practices when selling a watch, there are a few brand-specific tips to keep in mind that can result in even more successful transactions. If you’re looking to sell your Rolex watch, here’s some helpful information to keep in mind.
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Пікірлер: 56
@dclovewatches1651
@dclovewatches1651 Жыл бұрын
Based on quotes I have gotten on my omega, 2 Rolex Daytona’s and a jlc, I would not waste my time getting a quote from LB. Adrian will low ball you and usually pretty rude in the process. Sold my watches to other large dealers off the Rolex forum for far more cash.
@TheDryDown
@TheDryDown Жыл бұрын
In fairness to LB, those forum dealers don’t have the overhead and support resources that LB does.
@dclovewatches1651
@dclovewatches1651 Жыл бұрын
@@TheDryDown that is not always true. Davidsw is one of the largest gray market dealers in the country that is one example. He has a storefront with every single watch in inventory on display with huge presence on the Rolex forum and other watch forums. Spoke highly of by Archie luxury and others. He warranties every watch and backs it up as genuine. All that without the cocky abrasive attitude of adrian. I love Marco but he has to run everything thru Adrian.
@TheDryDown
@TheDryDown Жыл бұрын
@@dclovewatches1651 DSW is great. I don’t consider his operation as a “forum dealer”.
@dclovewatches1651
@dclovewatches1651 Жыл бұрын
@@TheDryDown I agree. Davis is great and solid. One of my friends in a local Rolex ad sa. He had similar experiences that I did with Adrian. He was getting low ball offers and attitude on trades for a very unique independent watch. He ended up reaching out to Roman and got the deal he wanted and was treated with respect without the abrasive attitude. He was def use Roman again.
@Adamas11
@Adamas11 Жыл бұрын
I‘ve never had any dealings with Adrian, but he comes across as one cocky, pompous M*er.
Жыл бұрын
Adrian is one of a kind. Thanks for the insights, lads.
@juwadanah
@juwadanah Жыл бұрын
This really made me think about scenarios I never considered before. Thank you for sharing. Looking forward to the next one.
@markreynolds9135
@markreynolds9135 Жыл бұрын
What is a scernario?
@jamessalerno9220
@jamessalerno9220 Жыл бұрын
Great episode!
@1186mattman
@1186mattman Жыл бұрын
YEAH BABY.!! 45 MINUTES IS A HUGE IMPROVEMENT. Still wish it was at least an hour but your definitely on the right path. It's crazy that I've never been into watches yet I can't get enough of your content. Keep up the good work.
@greymarketpod
@greymarketpod Жыл бұрын
That’s the best kind of comment! Our goal is to educate, entertain, and bring new enthusiasts into the watch world!
@titor8017
@titor8017 Жыл бұрын
@Adrian do the new price markups from AP, Rolex etc have an effect on what your time piece is worth as of today from last year?
@bjarkeolsen
@bjarkeolsen Жыл бұрын
would imagine there being mere watch brands the car brands , love your channel guys. bringing passion to the game
@WhiskeyCarsWatches
@WhiskeyCarsWatches Жыл бұрын
Excellent advice thanks guys love the podcast.
@greymarketpod
@greymarketpod Жыл бұрын
Glad you enjoyed it!
@ThelittledirtyMcNasty1683
@ThelittledirtyMcNasty1683 Жыл бұрын
Great Video!
@greymarketpod
@greymarketpod Жыл бұрын
Thanks!
@cherishedtimewatches7235
@cherishedtimewatches7235 Жыл бұрын
Another incredible episode, keep them coming!!!!
@greymarketpod
@greymarketpod Жыл бұрын
Thank you for the support!!
@andrewchapman5659
@andrewchapman5659 2 ай бұрын
I think Ebay Sold Listings can be hit or miss, for instance if a watch has sold 100 times in the last month for around 10K, you have a great great idea that its work 10K. But if it sells 2-3 times a year with numbers all over the place that can be misleading. The Amount of Listings Available to Sold Listings is a great indicator. You can never go wrong if a watch is way outselling the amount of available listings, thats a sellers market.
@dad-vu4fo
@dad-vu4fo Жыл бұрын
how about the under say 5000 dollars brands like ball ,doxa tudor ,eglin types of brands
@ivanr9408
@ivanr9408 Жыл бұрын
I want a two-tone submariner or daytona, does anyone know if two-tone grow in value as much as oystersteel? I haven't really seen 2-tones growing exponentially or are all rolexes really not going to grow in value.
@markreynolds9135
@markreynolds9135 Жыл бұрын
You haven’t seen them grow exponentially because they don’t. Some Rolex two-tone are now selling on the grey market for slightly below retail to slightly above (e.g. 5% either way).
@ivanr9408
@ivanr9408 Жыл бұрын
@@markreynolds9135 but steel do though? Personally i want to get a two-tone for myself to enjoy it and if i can resell it for a little over or what i paid for it would be perfectly fine for me. Primarily i want the rolex for myself but would love something to hold value or make some on the top in the future.
@TheWalter777
@TheWalter777 Жыл бұрын
i liked👍👍
@ivanr9408
@ivanr9408 Жыл бұрын
I kind of wish rolex would do that too, scale down production but not by a lot more and just make their value go up.
@billcore6295
@billcore6295 Жыл бұрын
Good video
@greymarketpod
@greymarketpod Жыл бұрын
Glad you enjoyed
@frankphilpot3492
@frankphilpot3492 Жыл бұрын
Great advice!by Adrian. I think the best way is to let a reputable dealer like Luxury Bazaar handle your watch sale, maximizing your profit and insuring you getting a straight forward deal. Either by selling directly or perhaps consignment. Thanks Avi, another good podcast that will definitely help people☺
@greymarketpod
@greymarketpod Жыл бұрын
Thanks for the comment!
@LaurentiusTriarius
@LaurentiusTriarius Жыл бұрын
There's also 2.4m BMW sold last year. I hope they all leased them...
@JackoWillMakeLives-loveu
@JackoWillMakeLives-loveu Жыл бұрын
Imagine selling your black dial Daytona to a GM dealer for $21,000 lol may as well keep it at that point
@isoboy1000
@isoboy1000 Жыл бұрын
If Rolex is compred to Toyota AND Honda what do you of Omega and Tudor? it doesn't make sense to me. Most people compare Patek to Rolls Royce which makes sense but the gap between Rolls Royce and Toyota its a far cry, which watches fit the BMW and Mercedes? If it was me i would compare Rolex with Porsche, its luxury that you can use everyday but won't break, yet not on the same level as Rolls Royce, Bently etc. Just saying
@nizarmurar
@nizarmurar Жыл бұрын
You may compare Rolex in watches to Audi in cars
@eddieboyee1
@eddieboyee1 Жыл бұрын
Done business with Adrian in the past and is always available to answer my questions (even though at times I can be a pain in the ass). He is always very professional and a class act 👍 Ed 🙏
@bernhard8540
@bernhard8540 Жыл бұрын
Idk where you buy cars but trading in a vehicle is the worst way to do it.. you get more selling your vehicle outright than you do trading it in my wife used to trade in everytime and I showed her how she was losing atleast 2k but usually 3 to 4k and so now we sell the car and she makes out way better but we also buy vehicles outright we don't get loans for stuff because loans are horrible you pay way more that way
@marcog.3488
@marcog.3488 Жыл бұрын
I think what he means is that you get more while BUYING from a dealer, if you trade in something. Obviously selling your car privately is more profitable than trading it in to a dealer (because they have to have margin for profit) while you don't. But if you want to buy a car from them, they will try to maximize that margin. Well, by trading something in for that new car you're buying, they have the opportunity to make margin on both the car they're selling you, AND the car you will trade-in once they sell it to someone else: So they're willing to give you a better deal on your purchase. I'm a buyer in the automotive industry and that's exactly how we operate.
@iliralimi3312
@iliralimi3312 Жыл бұрын
If I had to compare it to a auto maker , Porsche .
@ivankerr3570
@ivankerr3570 Жыл бұрын
Just checked the website. Very poor selection of Rolex . They don’t have a No date Sub in stock or a Explorer 214270 for example . Only one Sub Date Ln and very overpriced. Pretty shocked to be honest.
@todd344
@todd344 Жыл бұрын
Yeah, but a lot of people but believing that the stock markets gonna crash just like the Rolex market luxury watches in general it’s called we’re going into the great depression
@LaurentiusTriarius
@LaurentiusTriarius Жыл бұрын
I don't want to contradict Adrian but don't bring your very nice watch to any local jeweler to pop the bracelet off. Some places, usually those who sell fashion watches will use that scraper style larger than needed chinese tool and mess up your watch. Be sure they sell and handle luxury watches and be anal about ceramic and plated watches especially!
@badbrad1564
@badbrad1564 Жыл бұрын
So basically what he’s saying is on a 10,000 dollar watch -25% that’s $2,500 so that’s MSRP or lower we are selling are watches for. So why the hell would I ever buy a watch on the grey market. The grey market will be dead soon or just limited to discontinued pieces . I can’t believe people sell there watches to these people ! Or buy them from grey market. It’s such a scam
@badbrad1564
@badbrad1564 Жыл бұрын
So I sell him a watch that he’s gonna sell for $10,000 I get $7,500 for it??!! Hell that’s at or below what I paid for the watch. So who in there right mind,would turn around and buy a watch from the grey market??
@sanjayghulati979
@sanjayghulati979 Жыл бұрын
We put a man on the moon in July 1969 not in 1968
@zacharypalczynski8450
@zacharypalczynski8450 Жыл бұрын
Mercedes looses too much value, Toyota/lexus would be a better match, last long and hold their value like a Rolex.
@Thisthat1234
@Thisthat1234 Жыл бұрын
10 seconds in and if the answer isn’t “don’t sell your Rolex to a dealer/whole seller and sell privately” this video is a lie lol
@MDSkai
@MDSkai Жыл бұрын
rolex is partially Ferrari by soul. because they treat everyone like peasants and won't sell you what you want unless you "prove yourself a high value customer" by buying everything they want to sell you first. they also play games with their stock and availability to capitalize on marketing/advertising and maintain an elitist persona
@tylerh6315
@tylerh6315 Жыл бұрын
It hasn’t always been like that tho. Just like the past few years when there has been a lot of hype around pieces, mainly due to all the money that was pumped into the economy
@MDSkai
@MDSkai Жыл бұрын
@@tylerh6315 very true. We’ll see how/if this new trend influences the future
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