Selling Used Rolex Online: Factors You Must Consider

When it comes to extravagant watches, Rolex is one of them. It’s also the first watch brand to come to everyone’s mind. Since it has an excellent reputation in marketing, the Rolex watches are viewed as a smart investment because they retain their value with each time passing. So, when you’re planning to sell a used Rolex Aventura, it's excellent news for you. 

Selling the used Rolex will be the right thing to do, especially when you need funds or want to purchase the most recent model. But before you proceed further with the selling process, there are several factors that you must consider. Doing so will help you sell the used Rolex easily. These factors are:

1.      Keep the original box and paper of the Rolex watch 

Before you take the watch to get it appraised, you should take some time to look for the actual papers and box of the watch. Even though you can easily get the watch without them, you will get more cash if you sell it with its actual packaging. 

The original packaging will carry extra links, warranties, or watch manuals. Having all these original products beside you will help authenticate the watch because counterfeit watches are pretty common.

2.      Check how much the watch is worth

If you’re an individual who saves up all the receipts, then you are in luck. When you bring the actual receipt of the purchase to the buyer, it will prove how much you have paid for the Rolex watch. This will give the appraiser a better idea of what the watch is worth. 



Providing the receipt of the purchase will also prevent the buyers from lowballing you. When you have any repair or maintenance receipts, make sure to bring them with you. It will show that you have taken good care of the watch and it’s also in excellent condition. This will surely increase the amount which they are willing to pay. 

3.      Look for the reference number 

When you wish to sell used Rolex Aventura but do not have the actual receipt and have no idea how much it costs, there is no issue with that. Just look for the model or reference number on the watch. You will find 4 to 6 digits engraved on the case’s side. You can only see it after you remove the watch band. 

When you have the actual paperwork or the manual, you will also find the reference or model number on them. The number will surely provide you with something when you research and determine the watch’s value.

4.      Understand the retail value and the market value

It’s extremely important to understand the difference between the market value and the retail value. When selling to a jeweler or dealer, they will resell to a buyer to gain some profit. This means they will give fewer funds and sell the watch for a much higher price. 

Besides that, the difference between the values enables all the required maintenance, cleaning, and repairs. Since Rolex’s value does not depreciate much, several other factors might cause you to obtain fewer funds. That’s why you should do some research to decide how much exactly the Rolex watch works and check out the market value. 

One Last Thought

Rolex watches are one of the most-popular watches across the globe. You will come across various models and styles available, and each of them comes with unique features. But when you’re planning to sell your Rolex watch, don’t forget to consider the factors mentioned in this post, as it will surely help you.

Source: https://medium.com/@chrisrichards036/selling-used-rolex-online-factors-you-must-consider-80adc0618c63


 

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