A post shared by The Watch Club (@thewatchclub)While the majority of watch sales do not involve a trade-in or trading-up, Stonely says that 30% of all of Watchfinder transactions involve a part-exchange. “Generally speaking, we notice a higher sale price when part-exchange is involved, plus we are able to acquire a piece of stock at the same time as selling one.”Somlo Antiques, the Watch Club, Watchfinder and many others buy and sell only pre-owned pieces, and David Duggan specialises in pre-owned, augmented by new Tudor watches.
Increasingly, though, retailers of new timepieces including Harrods, Watches of Switzerland and (from April) Bucherer welcome trade-ins, as they, too, offer certified pre-owned timepieces.
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