Retained value

Discuss Christopher Ward watches
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strapline
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Re: Retained value

Post by strapline »

It's simple really, once a watch becomes used its value becomes pretty much like any other second hand item - around 50% of its new price, if you're lucky. This is of course based on the fact that you have a firm new MRP to work from. CW have so many discounting options in place for their new products that it's hard to establish what the 'real' new price is for their products. Still, there seems to be a healthy market for buying and selling second hand CW's, as evidenced by this forum. Buying used and selling used would appear to limit any collateral damage, certainly if you entertain being a serial flipper.
I'm a tool watch kinda guy; bezels and pushers for me. I used to dive, I used to climb mountains. I spend too much time looking at watches.
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H0rati0
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Re: Retained value

Post by H0rati0 »

Amor Vincit Omnia wrote:
Tue Sep 22, 2020 6:31 pm
H0rati0 wrote:
Tue Sep 22, 2020 6:27 pm
In general, LEs are a mug's game wrt VFM/residuals but of course if it's a must have variation then fair dos - just don't expect to luck out when flipping.
Just out of interest, why would it be a must have if you’re going to flip it?
Two possibilities:

buy an LE to flip hoping to cash in on "rarity"
or
wanting an LE for personal enjoyment, but deciding it doesn't cut it

"Flipping" was probably the wrong word as I meant resale in general, but just musing as my main point was that tricking up standard fare does not increase SH value even if "marketing" dictates charging a premium.
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Re: Retained value

Post by JAFO »

Christopher Ward watches are different to many other brands. They are Swiss made with good Swiss movements, despatch from the UK so no duties to worry about, and price compare well with retail store competition. The warranty is second to none. At full price, they are good buys, and at sake or NN prices they represent excellent value, maybe a unique value proposition. Discontinued ranges aren't bad watches, just good watches that are no longer for sale. Like any other watch they may not be exactly the specification a buyer wants, but if the difference is just a strap colour, or a minor design feature, or even a logo at 9 o'clock, well I can live with that. Unfortunately there is still a limit on the number of watches I need to own, so I can no longer buy every watch I like, or I would have hundreds and an empty bank balance.
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TigerChris
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Re: Retained value

Post by TigerChris »

strapline wrote:
Wed Sep 23, 2020 9:55 am
CW have so many discounting options in place for their new products that it's hard to establish what the 'real' new price is for their products.
Agreed. I, personally, work on the ‘real’ new price of a CW to be 30% less than the RRP and would find it difficult to justify paying more than 40/50% off RRP for one. Maybe, though, being a Yorkshireman I’m just tight :lol:
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Re: Retained value

Post by JAFO »

^^^
To be fair, in most retail areas there are so many regular sales, it's getting harder to pay full list for anything, as you know there will be a discount if you can wait. Most of the time we are buying stuff we don't truly "need".
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Re: Retained value

Post by nbg »

Retained value of virtually new, unmarked CWs?

No better or worse than retained value of most virtually new, unmarked watches from the likes of Omega and Bremont and better retained value than the likes of Breitling and TAG.

Neil
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Bahnstormer_vRS
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Re: Retained value

Post by Bahnstormer_vRS »

nbg wrote:Retained value of virtually new, unmarked CWs?

No better or worse than retained value of most virtually new, unmarked watches from the likes of Omega and Bremont and better retained value than the likes of Breitling and TAG.

Neil
A salutary and comforting assessment, Neil.

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