Are grey market purchases that bad - Page 2 - Watch Freeks


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Old 01-11-2017, 09:42 AM   #21 (permalink)
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I'm not sure where the grey market comes into question, unless you plan on buying the watch new from say Jomashop or others.

Grey market means selling a watch that is brand new, but not from an authorized dealer. That is all.

Buying a watch preowned is not grey market.

The store is just selling the watch for whatever they can. He knows that the online crowd is probably wise and he knows he needs to sell it for less.

In the store, he is hoping that someone buys it not knowing that it can be had online much cheaper, and he makes a much better profit.

Also, and I have no idea why I feel the need to comment on it, but I don't know why you have to refer to it as " the bay", like we are not allowed to mention Ebay here or something.
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Old 01-11-2017, 02:09 PM   #22 (permalink)
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I have found the same thing with online camera sales from a store, where the price on their site is different from their price on Ebay. Actually, I have seen it with Jomashop too. It is up to the potential buyer to do their due diligence.

If it is the same watch, why not buy it at auction, and ask to pick it up in person?
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Old 01-17-2017, 08:48 PM   #23 (permalink)
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I got several grey market watches. I'm having them serviced at the authorized service center then basically the market price becomes the same as the service center also provides a warranty.

The thing I learned painfully is that after the AD manufacturer warranty is up, it's basically the same. You pay for the services.

In 7 years, you'd probably have a higher resale price with an authorized service center closer to when you sell it.
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