Pricing Information:


We provide you with information to make an informed decision

Every trade-in request receives three values:

1) The price at which dealers sell the pre-owned model
2) The price you can expect to receive selling it to a private party (this does not include     transaction costs)
3) The trade-in credit you will receive for your pre-owned model at one of our authorized     retailers

These values are based on our analysis of secondary market transaction data. These values do not take into account selling fees, processing fees, risk and time associated with a sale by owner. Your private party sale value is not guaranteed, but our estimate based on current market conditions.


Will I get what I paid for my watch in a trade-in?
Not likely. While watches are often sold at stores with jewelry, a watch trade-in value is much more like an automobile. Jewels, such as diamonds, can be removed from their setting and placed into another setting and be just like new. A watch, like an auto, has a specific model for a specific year. While there are some exceptions for "classic" or "limited edition" models, the majority of watches depreciate over time. In the automobile industry, the average trade-in value for a 5-year-old car is 30% of its original sales price.

I had my watch appraised at a higher value than the trade-in quote.
An appraisal/replacemnt value is based on your original purchase price or the price it would cost to replace the item today with a new item. This is not the price that buyers are willing to pay for the item and this value is not based on actual transactions. Ask the appraiser if they are willing to purchase the item for their appraised price and you will quickly see the difference between the two. Your trade-in quote is based on actual transactions from multiple marketplaces.

I can get more selling it myself!
Perhaps, but doubtful. Our philosophy is to be as competitive as possible with what you would expect to receive if you sold your watch yourself in secondary markets such as auctions, message boards or forums, less what you have to pay for fees, typically about 12-15% of your expected revenue for the item, plus factoring in the time, effort, hassle and risk it would take you to sell the item. We provide a guaranteed price with no risk to you. The following is an email from a customer (email address and transaction amount are classified):


From: XXXXX <XXXXX@adelphia.net>
To: XXXXX<XXXXX@hotmail.com>
Subject: Tag Heuer Kirium
Date: Tue, 17 Aug 2004 15:59:09 -0700

Hi,

I don't know if you remember me but I had a Tag Kirium automatic chromometer that you expressed interest in....I learned the hard way that there is no way in "XXXX" that I would have gotten $XXX for it like I had hoped. Anyways, the watch is still for sale and you had made me an offer of $XXX for it. I was just wondering if you are still interested in purchasing it.

Talk to you soon,

Craig


Data expertise makes us more accurate and faster than retailers and eBay "Drop-off" sellers.
We examine thousands of lines of secondary market transaction data from multiple markets to arrive at the most accurate quote for your watch. While our competitors will claim to pay "up to" a percentage of retail, our expertise in data analysis, knowledge of secondary markets and operational efficiency allow us to provide guaranteed price quotes in a timely manner.

Your trade-in quote for your watch is based on a variety of factors: the brand, specific model characteristics, condition, if you have the original box and papers, and the current demand in the secondary market.

While every watch is unique, we typically price a trade-in watch quote with 20-25% gross margin or 75-80% net to you. As a point of reference, other trade-in businesses such as golf club trade-ins are priced with a 40% or more gross margin or 60% net. With an auction "drop-off" service you will net 55-75% of the selling price (sliding scales depending on price). "The sellers usually end up taking home two-thirds of thier selling price", Elise Wetzel, founder of iSold It (Pasadena Star News, May 29, 2005). That is 9-15% LESS than you will receive from TradeInWatches.com! She failed to mention you have to wait up to 30 days to receive that check for two-thirds of the selling price. Further, because we price off of multiple marketplaces, we typically have a HIGHER expected value than just the eBay marketplace!

With TradeInWatches.com you get a HIGHER percentage of a HIGHER expected price which means - more spending power for you, and it is avaiable to use INSTANTLY!