Buying Rolex Certified Pre Owned Watches / Not As Expensive As You Think In 2024!

[@OttawaInHD]

You’re the first to break this info. Nobody else online has said this until now. It makes total sense why the pre-owned prices were that high or so different between each.

[@MarcRamirez-rf2jl]

Purchased Certified Preowned Rolex Datejust from Bucherer Tourneau in Las Vegas NV last year. Watch came with new papers/box and two year international warranty card, leather carry pouch and cleaning rag. Spoke with the AD who stated all Certified watches have been disassembled, cleaned serviced and ALL parts certified to be 100% Rolex. My opinion, I agree 100% with you, pay a little more and you have a clean certified 100% Rolex.

[@michaelfierman3256]

I mean it makes sense if you are planning to buy pre-owned and then sending it to RSC for a service, but over here that costs about $1000, but i'd probably only do that for a watch that was say 15 years old like that 114270. Yes, one does have to worry more and more about fakes, but from what I've seen the prices for CPO are crazy high in New York etc.

[@dannysimenauer5745]

Fully agree. The ADs charge a huge premium to see what the CPO market will bear, leveraging the fear of fakes. I am hoping that enough collectors avoid CPO until prices are competitive against new models. At some point Rolex needs to sell new models to first time or special occasion buyers to pay for it's new factories that are coming on line in a few years.

[@MrNoBody_b]

Prices are crashing down. Can get sub dates 126610 for retail now.

[@johnrb9397]

Where? When?

[@MrNoBody_b]

@@johnrb9397Chrono24

[@streetmoney21]

Juan the knob 😂 the watch market is DEAD! 😂prices are still falling. Just have to be patient. I got my eye on the blue face Sky Dweller and I’ve literally watched prices fall 5K on eBay and they are still sitting. Some great deals are just around the corner for those who can be a little patient.

[@dannysimenauer5745]

I am using the same strategy. Everybody who can wait just needs to be patient. The days of FOMO are gone. The ADs will need to put new Rolex watches on display eventually.

[@marcoz326]

What determines their buy price? Gotta be market price? Therefore if market price drops, they'd have to sell at a loss, or keep an overpriced watch in display?

[@BrendanBoswell]

I would expect the sell price remains unchanged. The buy price determines it.

[@dmaul5190]

Does those X marks next to the box and certificate pictures mean that they don’t come with those things though mate?

[@BrendanBoswell]

I don’t know, he said if it comes with stuff you get the stuff too.

[@PhilDavis-zx7ov]

Yeah if it has box and papers there would be a tick I believe

[@CountLaszlo]

You’re a 100% right. New gen preowned are pricey. But classic and vintage IMO are priced perfectly for the program and watch condition.

[@gaffs82]

So Rolex are not going to adjust prices when market prices drop? This makes little sense. No one is going to buy an explorer at 10k. Just because they bought it high, that’s on them. A car dealer wouldn’t just hold on to a car at the same price, just because he bought high then the market on that car dropped - he would sell it asap - even if for a smaller profit or a lost.

[@suds782]

You would not believe what people are willing to do to get steel watches from AD . Mind is a tricky thing the more you cannot have of something the more you want it .. Rolex and ADs are experts of playing this game . People who can just afford something will go above and beyond beyond to stretch for that extra £2k to get the watch . That is the definition of luxury ( when majority of people who cannot afford something can’t refrain from not buying it ) Am sure there are people out there buying watches at all price points to impress the AD in hopes of Daytona or gmt. I have been to enough luxury boutiques (watches, cars, clothes ) to have seen people on call or in person asking for 0% interest deals . Those who cannot afford almost always buy on credit card and use the balance transfer for 18 months 😂. Over priced items are the definition of luxury and the government is doing right by higher interest rates so that this silly thing stops ( buying to impress others ) we all know no one cares all they care bout is how they would feel when they had that thing

[@gaffs82]

⁠@@suds782people say this and yes people are buying watches to climb the ladder, but really, is anyone buying a cpo explorer to get to a Daytona? You got to be buying day dates to get to Daytona spend level. The market is changing. People would rather spend $10k over list for a Panda than play the AD game now because the watches they buy to get there are very hard to flip - just like Brendon said in one of his other videos - a flipper returned a two tone as there is no no money to be made.

[@alexius8111]

agreed that too. perhaps those games are for the riche rich now then. I still see folks in the secret rooms sipping champagne at Rolex and Patek ADs all over London, Geneva, Amsterdam so I assumed the rich are spending this way .

[@dannysimenauer5745]

Brendan, interesting information you are sharing from the UK. However, it is different in the US for several reasons: 1. I can shop online for CPO Rolex from different AD's. Each AD has a different mark up, but the price is fixed. The ADs do not negotiate on the CPO sale price. 2. The AD will try to buy your used watch at well below retail. 3. To the best of my knowledge, CPO watches come with a white hang tag, a CPO box, and a 2 year warranty. No original box nor papers. The AD also does not provide the service papers. Maybe this may change as collectors decide to buy CPO from an AD or from a trusted grey market dealer. One last thought, you should see if David Khalil in London will go on camera with you to compare buying experiences.

[@davidwestwood2627]

I recently tried on a Rolex certified Pre Owned Coke at Goldsmiths. I was shocked to see the condition looked like it was brand new. The lady told me it had many new parts fitted. I was in two minds about this because on one hand it’s like buying a new 2003 watch but on the other hand it’s no longer original. A bit like Triggers broom in Only Fools and Horses 🤣

[@BrendanBoswell]

I get it! I’d rather have a watch back from Rolex any day. If the hands don’t match the dial I’d pass though.

[@davidwestwood2627]

@@BrendanBoswell appreciate the reply. My wife said the same. Surely it’s better to buy a vintage watch that’s been fully serviced by Rolex and had new parts than run the risk of a sketchy history

[@BrendanBoswell]

And a 50/50 chance it’s fake! That’s the absolute worst part I’ve forgotten the % but for every real Rolex there are 5 to 10 ish fakes. If you look back you will see I have a 5 digit submariner. I love the older Rolex’s too.

[@davidwestwood2627]

@@BrendanBoswell That’s a big worry too. It’s the one brand which has the most fake watches. I’m guessing you don’t receive the original box as I’m sure they are supplied in a new CPO Rolex box.

[@gaffs82]

The person that is on crack is the one at Bucherer who paid anywhere near 10k for the Explorer!

[@BrendanBoswell]

Agreed 👍!

[@Dr.Sheffield]

Thanks and wish you nice weekend ✌️

[@suds782]

Whatever you do don’t buy preowned in U.K. (unless want to impress local AD ) daydates, gold submariners and gold sky dwellers , they are readily available in European ADs and you can get them tax free for same or below prices as per owned . It’s worth the £200 flight to Geneva , Zurich, Amsterdam for e.g. Do need to declare at airport upon return though so don’t cheat your way in I do track prices in countries outside the U.K. and Rolex is catching up on this arbitrage where the local prices are more than the U.K. for e.g daydate in AED now is almost equivalent to prices with VAT in the U.K. so if looking for daydates now is the time for the arbitrage before this closes (on the new watch ) I think a bit differently. I would buy from CPO from ADs in cheaper countries use the money let’s say £800 price difference on flights and stays for the trip 😅. Also Japan is a good place to buy and visit when on a trip they have 10% discount on watches for tourists

[@garydoherty600]

Helpful video - many thanks

[@BrendanBoswell]

Glad it was helpful!

[@cookingwithwatches]

You broke the code ❤️

[@oddpout]

Wow I want to buy that explorer polar

[@BrendanBoswell]

It’s probably still there! Look at Preston’s also I think they have one too.

[@braindrain7485]

Do they tell you if they have put service parts on them? A 26 year old explorer 2 has probably had some work done on it and more than 8 grand for a non original rolex isn't great when they are 2 grand less on grey market. Love your new one by the way.

[@grahame7954]

How is it a non-original Rolex? Rolex swapping out old cogs for new ones doesn’t change originality because they are the same Rolex parts. Also this Explorer is a Swiss only which makes it a rare one.

[@dmaul5190]

Piss off with your fact finding, tell us the truth you are looking for your 8th watch of the last 2 years 😂😂

[@BrendanBoswell]

8th F it’s got to be high 20’s 🤔

[@dmaul5190]

@@BrendanBoswellI didn’t want to say the amount I thought it really was just incase mrs Boswell reads the comments 🤣🤣

[@BrendanBoswell]

🍀🙏

[@lcddaniel100]

As long as hes talking about himself hes a happy little camper

[@BrendanBoswell]

Knob

[@Sileesosij]

Regardless of what told, clearly no original B&P on any of them as there’s a ❌ next to the pictograms

[@BrendanBoswell]

If it came with them it would’ve been included I DID SAY THIS!

[@Sileesosij]

@@BrendanBoswell it doesn’t come with them…just to help you out with basics, a ❌ means No, a ✅ means yes.

[@BrendanBoswell]

What are you talking about! I understand how it works I’m not saying the one showing comes with anything! I explained it in the video! If a watch comes with everything you get everything! I don’t need help you do!

[@Sileesosij]

I’m not watching again (maybe that’s why your views are so high, people double checking your mistakes) but you clearly said the 2nd black explorer comes worth a full set including box and papers…when it clearly doesn’t because of the ❌

[@BrendanBoswell]

@Craigybaby999 No I Didn’t, I’m not replying to you again, get on with your life!

[@derekireland1460]

I reckon within 2 years you'll be able to walk into any shop trying desperately to sell Rolex... And be able to buy any watch you want at or below retail....big money for 1999 watches that look like the dogs had them... Good luck 👍

[@josenoventa6852]

Me rikey factey-findey mission.