Navigating the Pre-Owned Watch Market: Tips for Buying Secondhand Timepieces
Posted by AIS Watches on Mar 28th 2023
If you're looking to get into the horological world, buying a pre-owned watch can help you save some serious money while still getting a quality timepiece. However, it's not as simple as going down to your local shop and picking out a random timepiece; there are several things you need to consider before making that purchase. In this article, we'll explore those considerations so that by the end of it you'll be an expert in pre-owned watches—and be able to make an informed decision about which ones are right for you!
Is buying a used watch a good idea?
The answer is not always a simple yes or no. As with just about anything in life, there are pros and cons to buying a used watch. If you're thinking about purchasing a pre-owned timepiece, here are some things to consider:
- Is the model of your interest still being produced? If not, it's probably better to buy new--you'll get more value out of it since the manufacturer can't sell any more copies at full price
- What condition is this watch in? A less expensive piece will likely be fine with some wear on its case and band; however, if you have your eye on something pricey (like a Patek Philippe), make sure nothing seems damaged before committing yourself financially
- How much does it cost? Just because something is used doesn't mean it has no value--but if you find yourself paying more than what would normally go toward brand new pieces from reputable dealerships like ours here at AIS Watch
- es, then reconsider whether or not this purchase makes sense for your budget
What should I look for when buying a second-hand watch?
As you're looking at the pre-owned watch market, there are some things you'll want to keep an eye out for. First and foremost is condition. If the watch is in good shape and has been well cared for, that's excellent news! But if it's suffered damage over time or has been poorly maintained, that can mean trouble down the line.
Secondly: serial number. If possible (and especially if it isn't), try to find out where your potential purchase came from originally--if it was a gift from someone special or if they purchased it at an auction with other watches on offer, for example--so that you have some idea of its history before making any decisions about its value or usefulness as part of your collection.
Thirdly: warranty information should also be available; check both online retailers' policies regarding returns/exchanges as well as any documentation included with each piece itself (such as papers inside their boxes). This way no matter what happens during shipping processes later on down road when things do go wrong unexpectedly despite precautions taken beforehand by either party involved here today.
Treat low prices with caution
A watch's price is not an indicator of quality. There are many factors that affect the cost of a watch, including its condition, brand and demand for that particular model.
The first thing you should do before buying a pre-owned timepiece is research how much it would cost new if in mint condition with all original parts. By comparing this figure to what you're being offered for sale, you can determine whether or not you're getting a good deal on your purchase--and whether or not it's worth making an offer on at all!
Keep maintenance costs in mind
When you're buying a pre-owned timepiece, it's important to keep maintenance costs in mind. You should know what the typical service schedule is for the watch and how much it will cost to maintain it. If your budget is tight, this can be an obstacle; however, there are ways around it! In some cases (especially with mechanical movements), servicing a watch may not be necessary at all--but if you do need repairs or maintenance work done on your timepiece down the road, knowing how much those services cost beforehand will help ensure that you don't wind up paying more than necessary for them later on.
When considering which pre-owned watches might work best for your lifestyle and needs, think about where they'll be worn most often and how often they'll see use: If something isn't used very often but requires frequent servicing due to its age or complexity of movement parts within its mechanism(s), then perhaps this isn't such a great choice after all because maintaining such an item would prove too costly over time while providing little return value otherwise.
Buy the seller, not the watch
Buying a pre-owned watch is a bit like buying on eBay, but with a few more steps. You want to be sure that you're buying from someone who has been selling watches for years and knows what they're doing--and if possible, that they've sold similar models before.
There are two ways to check the reputation of your seller: ask them for references and check them, or do some research yourself online. If you can't find any reviews or references from other buyers who have bought from this person, then it might not be worth taking the risk by purchasing their product (though don't rule out one-off transactions).
Warranty and returns policy
Warranty is a good indicator of the quality of a watch. If it has been serviced regularly, then the manufacturer will provide you with a warranty. This means that if something goes wrong with your timepiece, they will fix it for free or replace it at their cost. It also shows that they trust their product enough to warrant their investment in it by offering this level of protection against defects and malfunctions.
Returns policy is an indicator of how well retailers treat customers who have purchased products from them online; if there are no returns allowed on purchases made through them, then this may indicate that they don't care much about customer satisfaction or loyalty--and therefore probably won't give good service either!
How important are the watch box and papers?
From time to time, you might see a watch for sale that comes with its original box and papers. This is not something to get excited about unless you know exactly what those things mean.
The box is simply the container that holds your watch when it's not being worn on your wrist--it's nothing more than a fancy gift box with some extra padding inside to protect against bumps and bruises during shipping. As long as there's no damage to the outer shell of this container (which would indicate poor care), then it doesn't matter if someone else has used it before or not--you can replace them easily enough if necessary.
The papers refer only to documentation provided by an official Swiss watch brand such as Rolex or Omega; these documents confirm authenticity by providing information such as serial numbers and manufacturing dates for each piece produced by their respective makers over time (not necessarily just one specific model). However, counterfeiters often use this same method themselves so don't expect any guarantees when buying second hand watches online without seeing them in person first!
Make sure everything works before you pay for it.
There's nothing worse than buying a watch, only to find out that it doesn't work. The best way to avoid this scenario is by making sure everything works before you pay for it.
If you can see the watch in person before buying it, then do so! It's important that the seller shows you how everything works (and doesn't). You should also ask questions about anything that seems unusual or unexpected; if there are any doubts at all about whether or not something is working properly, don't hesitate--walk away from the sale and keep looking elsewhere until someone gives you reassurance that everything will be okay.
If seeing something up close isn't an option due to distance or time constraints, ask for some sort of guarantee of authenticity and refund policy from your seller before handing over any money at all. This way there are no surprises later on down the road when something goes wrong with your purchase--you'll know immediately if something has gone wrong!
A well-informed buyer can get the most value for their money with a little preparation.
The pre-owned watch market is a vast and complex landscape. If you're thinking of buying a pre-owned timepiece, it's important to do your research. Here are some tips for navigating the world of secondhand watches:
- Know what you want before looking at any specific models or brands. This will help narrow down the options available to you in terms of price range and style, which can save both time and money when searching for your perfect piece.
- Ask lots of questions--and don't be afraid to ask them loudly! A good salesperson will appreciate someone who knows what they want (and is willing to pay) rather than someone who simply wants something shiny that cost as little as possible.
- Get an expert opinion on anything particularly expensive; even if it looks good now there may be issues lurking beneath the surface that could come back later with disastrous consequences for both buyer and seller alike!