Tire Kickers - Any Experience?
I currently have quite a few watches up for sale, probably the most I’ve ever had tbh. A Blue Pelagos, Squale 1521, 18kt Tissot Excellence and a Watch Dives x San Martin Milsub.
It seems like they’re competitively priced, I’ve tried to show multiple angles in the pictures, full description, box & papers etc.
Maybe it’s just a coincidence but I’ve had a lot of random requests for a specific picture or to ask something that’s been covered in the post itself. I wait a few hours or a day and then follow up with the prospective buyer and they “ghost” me.
Is this something you’ve run into lately or are my expectations out of line to expect a thanks but I’m going to pass after considering or similar response?
Watch, cigar and food/drink lover. #Airedaleterriers #preppy
This is pretty much the entire history of selling watches online for me. There are three types of infuriating prospective watch buyers for me.
The guy who bids on eBay, wins the auction, delays paying you because he "has to raise the cash" and then says he wants to cancel the purchase.
The guy who demands pictures, receipts, buyer histories the entire thing and then ghosts you.
The guy who continually and insultingly lowballs you. Sometimes that guy invents crazy reasons for you to sell your watch to him. "Reddit is going to start reporting all sales to the IRS and you're going to pay income taxes on the full sales amount so you should sell it to me at a 70% discount to market."
You have my full approval to hate all those guys.
This is pretty much the entire history of selling watches online for me. There are three types of infuriating prospective watch buyers for me.
The guy who bids on eBay, wins the auction, delays paying you because he "has to raise the cash" and then says he wants to cancel the purchase.
The guy who demands pictures, receipts, buyer histories the entire thing and then ghosts you.
The guy who continually and insultingly lowballs you. Sometimes that guy invents crazy reasons for you to sell your watch to him. "Reddit is going to start reporting all sales to the IRS and you're going to pay income taxes on the full sales amount so you should sell it to me at a 70% discount to market."
You have my full approval to hate all those guys.
Thanks for validating it for me. I really wanted to trade-in on a new purchase but found those offers even more upsetting 😔
While I do not really sell watches, I have sold a few motorcycles. Easy rule simply ignore and delete those requests. If you posted several photos, provided an honest write up, you have done your part. As @Edge168n points out, it usually ends with you wasting your time.
The one that annoys me the most is when you get a message which says simply “Best price?”, even when you have “best offer” switched on.
So not only ignoring the fact that you’ve stated the asking price, and if they have an offer to make, they can make it; they also can’t even be bothered to type out a full sentence!
As long as you have good clear images and all the details on the description then ignore the idiots
Selling watches is a lot more difficult than people imagine. It can take months, sometimes even years to get rid of them.
The bigger problem than buyers is the sellers who have unrealistic expectations of what their watches are worth.
As a general rule of thumb, used watches should be sold for a third of what they cost retail, and with any wear on them at all, then it goes to a quarter and below. I see far too many sellers with watches priced about 10% below retail or matching retail prices for a new one.
Yeah I think I’m tracking with what you’re saying. You are suggesting pricing around 33% off retail but it reads like 66% off to me. My Pelagos (2022) for example is full kit, Uncle Seiko half link, two aftermarket rubber straps and listed at 3350 with an MSRP of $5,025.
Watch dealers will definitely only give you 33% of the retail value if you are lucky.
So yes, I did mean that they should be 33% of the retail price not just 33% off the retail price. So as you say 66% less than you paid for it unless it's mint condition, unused, sat in a box untouched by human hand, and basically "as new". As soon as you leave the shop with it, it's like a car, and worth half of what you paid for it, just like a car when you drive it off the forecourt.
Probably very model dependent but I’ve received offers from dealers for over 50% of MSRP on a Longines, Tudor and Tissot this month with more incentive if I decided to trade vs. outright sell.
I’m