How To Get The BEST PRICE On A Luxury Watch ! - Inside Tips From A Watch Dealer!

[@larsstougaard7097]

Must try these tip at .....Delray watches 😄

[@darkstar7742]

I WAS JUST THINKING THAT

[@hongsitu3429]

Wont work. He didnt give me even a penny off when I inquired about a day date vintage blue dial omega speedy. I told him I was ready to buy too.

[@larsstougaard7097]

@@hongsitu3429 Ha ha 😁 I'm not surprised at all.

[@younebi]

@@hongsitu3429 that is a good selling brand and model. i think these tips are for less popular brands. Like Carl F. Bucherer, Jaquet Droz, Ulysse Nardin etc.

[@hongsitu3429]

@@younebi humor me with a $50 discount.

[@dave8226]

Great job on the weight loss. That’s a huge step. I lost 70 lbs in 2019 doing something similar, and got a new lease on life. Keep at the good work. Thanks for saying that Rolex is Toyota. I think so as well, but I love it for exactly that reason. I’m willing to pay retail for the robust and accurate in house movements and classic designs. I have driven Toyota for two decades and will probably do the same for life. I also use an hP12c calculator and IBM model M keyboard for similar reasons. Again, keep up the good work. Long time watcher, first time posting a comment.

[@jasont4847]

Hey Fed, really helpful advice, particularly knowing about margins and being clear up front about being ready to buy. I just used your advice and got a really good deal on a vintage piece. I already subscribe, but you've really earned the thumbs up!

[@MrZoSo]

Good tips Fed. Agree with most of what you offered. Tried to buy a watch from an ebay seller a few months ago. Watch was limited to 100 and very rarely see them offered. Dealer was obscenely obnoxious. Would not negotiate even though he had a make an offer button. He bought the watch on ebay, so i knew what he paid. I was making a more then fair offer, and his profit was 25% at my offer, plus he was holding back items that came with the original set. I tried. After a week he messaged me to make a higher offer and he "might" entertain. Just so happens another one came up from a local dealer, and i scored it for less than my offer to him, plus local seller included all the items from the original set. 2 months later he still has it up for sale. Advice to sellers....Treat your customers with respect.

[@castleincorporated]

Yep! I had somebody charging me too much for a naked watch. He still has it.

[@respectanimals2]

Excellent video, very honest and to the point information, loving the content 😎👍

[@yoshlin1179]

Hi Fed great channel. I know it’s a bit late but this video was very well prepared and executed. I used your tips, targeted the right AD (month end), and I was able to get a 30% discount. They didn’t agree to it when I first asked, but I walked away and they called a few days later. I think the most important take away is, be ready to buy when you start negotiating.

[@markandrews5918]

Thanks Fredrico, always honest and to the point! Had no idea to look upon resellers with suspicion! Now if I could just find a way to buy used watches directly from the seller! Any ideas? Mark Charlotte

[@RobOnRefresh]

Excellent tips Fed! I've always adhered to the "no-negotiation until I'm ready to buy" standard. Negotiation sucks, to begin with. Why do it just for fun? LOL.

[@manueljnegrete5048]

Hello Federico, very nice subject. How ironic that I just purched a very nice new and popular GS and got 10 percent off the retail watch from a very well known jewelry store. I really wanted the watch but was ready to walk away. I have gotten over the Sieko word in Grand Seiko. These watches are amazing and videos don't do them justice. This is my second purchase from this dealer.

[@DennisTurbay]

Hey man, absolutely love your vids!

[@robertdouglas9345]

Well spoken and spot on. Keep up the good work my friend!

[@gareth3100]

I bought a watch from Delray Watch and didn’t bother haggling because it was on special. Great price anyway I would have been too embarrassed . How about a follow up on selling to a dealer: I don’t like dealing with the non-dealers (too much hassle)

[@castleincorporated]

same. I just paid fed's asking price - his pricing was very fair/aggressive. Lower than the forums (reddit) I had been looking at.

[@marcfavero1255]

Personally for a second hand watch, I try to buy it without any taxes (us or uk to eu...), recently serviced if it’s a 20th century made (economy for the next years), and through a trusted dealer like chrono, watchfinder etc... sorry Federico but i prefer to pay sometimes more to be assured to avoid any problem ... if I was a US citizen, i would have been a client of delray watch ;)

[@marcgirard7551]

Hi Fed, nice video! Does what you said about paying by wire apply to paying using debit card (cash)?

[@castleincorporated]

wire is cheapest for the dealer

[@nestopoeta]

What the hell is wire??

[@conservativemovement]

You have fantastic fantastic fantastic content.

[@dannysimenauer5745]

Frederick, good advice, and you have integrity so no need to ever be defensive. I have done and do enjoy negotiating. You gave excellent tips and I would add that when you begin the negotiation that you do not want to tip your hat and give the impression that you have to have the watch. If the seller senses this then he may not be flexible on price.

[@patrickmilbank4105]

Great information Federico thanks 🙏

[@samsung5]

Are you saying the wire discount is in addition to negotiated discount?

[@CLOUD316]

Great advice for us new into the watch hobby

[@markplayford5836]

All good sound advice Fed. A friend of mine saved almost £10,000 off a house because he researched when the end of the financial year was for the company, then made a cheeky offer. Timing and respect for each other play a big part.

[@carlosoliva5811]

Enjoy watching your show. My father always wore a watch so my addiction came naturally. I just seem to take his likes of somethings, boots, guns, cars and watches and turn them into partial addictions. I have a couple of questions for dressy type watches. Jaeger-LeCoultre or the Cellini? I have the Rolex Daytona and Pepsi (Steel versions) but really like the Tudor Chronograph and Pepsi. My dilemma, Tudor Pepsi or Tudor Panda (Cream) or save the money and get the Pepsi and buy a Hamilton Intramatic Panda also? I will be in Miami at the end of the month. Is Delray watch a brick and mortar store I can visit or is it strictly an online store? Thanks in advance for your help in feeding my watch addiction. Carlos

[@vinhhuynh1205]

What protection do you have when you "pay by wire?" Asking because I haven't done it and feel uncomfortable doing so.

[@FedericoTalksWatches]

None, just the dealers word.

[@JerehmiaBoaz]

@@FedericoTalksWatches Really? In Europe you can cancel bank transfers within 8 weeks if you wire to the wrong account or fall victim to fraud.

[@ddevdariani]

It is a great honor to trade with dealer like you are ..... good advice. Thank Federico!!

[@joseperez6613]

Great tips Fed. Cheers and keep on trucking!

[@simonwright6882]

Absolutely stellar advice as always Fed. 👍

[@andrewdavidsonofficial]

Such a great video!

[@jefferyneu3915]

You are generous, sharing insider imformation! Thank you Federico!❤️

[@JayandSarah]

Very simila rvideo previously made some years back. End of the day, this is not some new inside information how to negotiate the purchase of something. The main key right now is to not be trying to buy high demand pieces.

[@larryhand6537]

Great advice Fed of course I expected that 👍🏻

[@pedramnaeni7713]

Great video! Appreciate the info

[@mikefortney7879]

I agree with everything except the Chrono 24 statement. I shopped on there site for about a month or more (I was in no hurry) for a Rolex Explorer. Found a mint one, free shipping and excellent price. I know the price was good because there are so many places to compare. Got the watch from a highly respected dealer with a written 5 year warranty.

[@FedericoTalksWatches]

Sure but doesn't mean you wouldn't have gotten it cheaper talking to him directly... He would have give you at least part of the 5% chrono24 was charging him back.

[@tiburonski]

I agree on paying less with a dealer and paying via wire but the platforms give you protection in case there is a problem with the watch or the dealer...

[@FedericoTalksWatches]

You are 100% right, but you also pay more. Maybe once you have a relationship you can skip the platforms.

[@tiburonski]

@@FedericoTalksWatches yes and that’s what I do! Love your videos!

[@briansmith8390]

build a good relationship with a dealer and you can skip the entire platform headache. Nothing better than being able to call a knowledgable professional up for a specific watch or advice.

[@stevenbutler9029]

Thanks Federico, well done, good advice.

[@TheTownWatch]

Helpful advice!! Thanks!

[@maxadkins3499]

Thanks Fed! Great info..!!

[@jonellis7089]

Any tips on buying a yellow gold day date 40? its my dream watch that im saving up for. any help on would be great. Long time sub- keep doing your thing! We also have a mutual friend in Claudio at JD!

[@johnl1120]

So True Fed. Dont talk price unless your ready. Not in this market especially.

[@lukew2194]

I'm just here for the makeup and fashion tips.

[@Gromel]

Thank you Federico, great tips that anyone can apply ! 🤑 Never thought much about different costs of paying via wire/credit card/PayPal...a valid point to get an extra discount !

[@xpdchief7698]

Great video Fed. A lot of good information, concise and to the point!

[@richardcashman7671]

Great post...! 👍🏻

[@varunu4176]

I was offered GP and Bucherer at 40% off from ADs in India, I'm pretty sure the margins are massive for the luxury watches.

[@jaypaladin-havesmartswilll5508]

Man, Federico doesn't want to count my stack of $100 bills.

[@johnviano4584]

Absolutely right about negotiating. Be prepared to buy if an agreement is met.

[@richarddavis7548]

Great advice Fed! Wire is king, but cash still has a place.........

[@drwindsurf]

Thank you Federico - This is great advice 😊👍

[@topshelfdustin3060]

The one thing I disagree with is and agree with is the wait to negotiate. But I think you just didn't explain these things. Yeah don't REALLY negotiate, but if you want to get a ball park...hey what kinda discount can you do...you should do that. Then when you come back you can START there and you're both cool with that. If they want to offer you "hey we can do 20% vs 10%", well that's huge and it's their way to get you back in. And i've done this and gotten more than they said, but we were in a very friendly. So there's a hybrid imo.

[@TheSrAtlanta]

Great content! Thanks!

[@dreitzell78]

Great video Fed. Can always count on you for solid info. Love the channel, thanks!

[@guydadario1376]

What are your thoughts on the new baume mercier Rivera.

[@jorgeg5895]

good advice. thank federico!!

[@CraigG21]

Good info - thanks Fed! 👍

[@bubbledreamlol7812]

would you sell the Habring x Massena?

[@thierrybraine4319]

Dear federico, how to sell your watch to a dealer.... i have a lot of questions around this topic. Greetings from Belgium.

[@timemeasured9137]

"...tricks is a dirty word" LOL!

[@bostoncollector]

Id like to add trading in a watch you can sometimes get a better deal on a new watch because they are going to be able to make some money on your trade in. Thanks for the great advice Federico!

[@regsantotomas]

Great tips! Nothing particularly surprising but great to hear from someone with your experience and validates what I had believed to be true. Do you have any further advice on buying new (unworn) from secondary dealers (non-AD)?

[@davidc5191]

What are the fees on Ebay or Chrono24? I heard 4-7%.

[@MarineRealtor]

Thanks for the tips! I love your videos. I am new to the luxury watches and plan on getting a few.

[@johnavi]

Think it goes the other way as well... only negotiate if you're ready to sell. Plenty of folks think they can mess with potential customers by not accepting reasonable offers.

[@HorologyinSanity]

Very good and sound advice. Thanks!

[@TheTmcemc]

Who do I buy from with confidence 6:59 knowing the Rolex is authentic and All the parts are authentic?

[@coffeeisgood102]

What ever happened to the good old days. It used to be that wherever I lived, in Canada or Florida, each time a new luxury watch was introduced, by Omega or other brands, I would check the MSRP to know how much I would be spending. Then I would head over to a dealer, cash in hand, including the tax amount that I estimated, and ask the shop owner for the watch. Each and EVERY time, the owner would refuse the cash and only take 50%. I have NEVER paid full price for a brand new luxury watch. I am so impressed with this custom that should I ever get into the business of selling luxury watches I will treat those customers as I have been treated.

[@hestrada3463]

And I would add, like you once said, “don’t ask about the best price because the best price for the dealer is the full one”

[@patrickfischer1189]

Your videos are always great! But this was the best video in regards to buying pre-owned that I’ve ever seen

[@yogaasanas]

Your so right the dealer is nothing without the buyer and vice versa. It should be a harmonious dance 💃

[@samuelfisher8673]

This was excellent information! More stuff like this behind the curtain is greatly welcomed.

[@chrislee6691]

Your candor and expertise in this arena is much appreciated Fed. Great video great information. Thank you. 👍🏻

[@sweeping6737]

How much negotiation room do you think we have at a breitling AD. Kind of want the new Datora

[@georgecostanza2157]

Love this type of content fed keep up the good work! Will use this info when I’m ready to buy a Tudor bb red. Maybe I can snag a deal later this year

[@faqhunter8486]

Duty free plus good bargaining skills.

[@larsstougaard7097]

Also if you consider yourself a more broad watch collector with no hurry, you can jump on when an interesting opportunity show up. I have done that in my HiFi hobby, got great deals on things that took a few years to get.

[@2damaxx182]

Good info

[@richardgreen8919]

Very sound advice Federico.Nice video.Wish I could call into your store ! Take care and stay safe.

[@richardgreen8919]

@@omar10213245 I can Omar,but I will have to arrange a flight,post covid.Take care.

[@richardgreen8919]

@@omar10213245 Hi Omar,I am in England.

[@richardgreen8919]

@@omar10213245 It would just be great to be able to visit,that was my point.Of course I realise I could give them a call ! Regards,Richard.

[@richardgreen8919]

@@omar10213245 No problem Omar.Keep well and stay safe.

[@govtfunded]

Step 1. Look at something other than a stainless steel sports Rolex, PP, or AP

[@henrywest7217]

Helpful

[@gtcam723]

Ahhh to be able to afford the platinum Yachtmaster. My grail watch.

[@sopwithtv]

So What on earth is pay by wire? You didn't tell us

[@briansmith8390]

solid advice. Best deals are had when you don't waste a guys time, are realistic, and are a fast buyer with a wire. Stick with trusted sellers and this is usually an enjoyable transaction.

[@r3dRoVeR247]

I'm in the market for a brand new seamaster. What do you think might be the best deal I can get from an ad?

[@christianhermann1372]

Brand new the margins are 37-50%. So 15-20% are possible.

[@castleincorporated]

from what I saw they are going pretty close to retail from ad's. not a lot of used stock yet, but you can buy second hand almost 1k cheaper.

[@salmana4239]

Greetings from Dubai Would love you to square off with Christian ( Theo n Harris) and talk about GP Laureato He hates it and I know you love that watch. It would be an education in watch collecting listening to two of you

[@mshohman]

Dealers should just list the price, and that's the price, which is the price anyone would pay. These days of negotiating are over. Tesla set the trend. Good luck all!

[@Sergeant_Fury]

...and don't forget to say, "What's your best price?"

[@andycandyOK]

LOL yes!

[@spikkyboy]

Went to delray. Lovely seamaster. Me: I'm in UK and will pay 20 percent taxes upon port can you do anything woth price to offset that? Fed: we don't misdescribe items posted to avoid taxes. Ok great but that was not my question. Oh look the watch is gone now........

[@joerichardson6107]

Taxes are on you, nothing for the dealer to do, someone else will buy the watch without that problem...

[@spikkyboy]

@@joerichardson6107 that episode was quote a few weeks ago. Fed was talking about negotiating with the dealer. The watch was a great price if I was in US but by the time I import it would be almost the same cost as one from the UK. If he did 10 per cent I would have had it. My best tip is to come watch buying next time I'm on holiday.

[@johnl1120]

And people need to realize most Rolex and AP pieces there are no discounts.

[@cesaremigliaccio739]

Lol, if you buy in Italy cash DO makes the difference!

[@brysoga]

I thought these days the term cash means "not on finance"; and not necessarily a stack of bank notes.

[@tods.9947]

Except if you walk into a Rolex boutique and they only have a few watches on display. You then have the privilege to view possibilities on an iPad that you may, or may not ever be able to buy. Oh, and there is no negotiation on anything but the remnants in the watch cases.

[@hongsitu3429]

None of these advices will work at Del Ray unfortunately. I didnt even get a single penny taken off a blue dial day date vintage speedy and I made it clear I was ready to buy too. Another tip is dont call out the dealer you might want to buy from while hesgiving tips on how to get discounts lol.

[@castleincorporated]

we heard you the first time you posted the comment repeatedly

[@fireisdangerous307]

But I always pay the asking price at DWS because... I want you to upgrade to a real Ferrari 😂

[@0dium.]

if i get the best deal you can't swap Ferrari next year !

[@RuffellTube]

Dude, why do you always wear such small watches?

[@anthonyamato6367]

Cash is the cheapest way for the buyer. Charge more to count it? Quit being a snob. There’s enough of that in this industry.

[@FedericoTalksWatches]

You think what you want, dealers don’t want cash in the US... why don’t you just ask them if you can mail them a check and to send you an invoice by fax lol

[@briansmith8390]

No banks charge for wires if you have any decent account status. Cash is dirty. I wouldn't want it either if I was a dealer.

[@anthonyamato6367]

@@FedericoTalksWatches I said cash not a check. My AD prefers cash, maybe it’s rare.

[@Cherishthemoment]

Watches are used for telling the time. Today they are being sold as if they are a fine moving car. I can buy a 20 dollar watch that looks better than a 2 million dollar watch and keeps good time. So save your money, be wise and buy a watch that keeps good time.

[@AkhilVerghese]

I don't understand why anyone would buy from a dealer on chrono24/ebay. To me, the whole point of buying from an established dealer is trust. If you don't trust the dealer, you may as well buy from established users on Reddit (which I still standby, and if we're being super honest about how to get the best price, is probably the way to go).

[@adammoke8949]

Great advice! Thanks

[@jenshaga4256]

Thanks for the advice!