Price hikes on the way!

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As an exercise I got a trade in value for my black sub from Watchfinder they offered me £8,000.00
It’s brand new with box and papers and they will put it up for sale for £12,000.00
This is what needs to stop I don’t know how but my god they have no shame.
 
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As an exercise I got a trade in value for my black sub from Watchfinder they offered me £8,000.00
It’s brand new with box and papers and they will put it up for sale for £12,000.00
This is what needs to stop I don’t know how but my god they have no shame.

£8k for a standard no date Sub?!
 
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As an exercise I got a trade in value for my black sub from Watchfinder they offered me £8,000.00
It’s brand new with box and papers and they will put it up for sale for £12,000.00
This is what needs to stop I don’t know how but my god they have no shame.

So Richemont are helping to maintain the Rolex bubble... it's almost like the whole watch industry ponzi scheme falls apart if every player doesn't join in.
 
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As an exercise I got a trade in value for my black sub from Watchfinder they offered me £8,000.00
It’s brand new with box and papers and they will put it up for sale for £12,000.00
This is what needs to stop I don’t know how but my god they have no shame.
So just sell it yourself for 11,000 or 12,000 quid and cut out the middleman. I fail to to see why the grey market has to be stopped because they make a nice profit on a hot watch line. For every Rolex or Royal Oak they have to move a lot of watches for a slim profit.
 
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So just sell it yourself for 11,000 or 12,000 quid and cut out the middleman. I fail to to see why the grey market has to be stopped because they make a nice profit on a hot watch line. For every Rolex or Royal Oak they have to move a lot of watches for a slim profit.
I’m not selling it I wanted to know where the market is at
 
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Trade is always way below actual values. It’s all about convenience for the seller, quick cash. then it’s risk v reward for the buyer. Watchfinder have to pay staff to service/check the watch regardless if it’s new, then the risk is how long will it sit for sale.

They have so much stock, they can afford to offer way below, it’s no loss to them if they don’t get the sale, but it’s a massive bonus if they do get their offer accepted.

Edit: it’s pure business for them - the price they offer is for the business’s interest. It’s not some guy lusting after a piece he/she has been wanting for years. Trade is not where the market is.