If you’re thinking about selling a Rolex, one of the questions that might cross your mind is whether you should service it before selling. The answer to this question depends on several factors, such as the age and condition of the watch, your budget for service, and your target market. In this article, we’ll discuss the Rolex service process, sending your watch to Rolex for service, selling privately, and selling to a dealer, to help you make an informed decision.
Rolex service process
Rolex recommends that you service your watch every 10 years, but the frequency of service will depend on how often you wear it and how much wear and tear it experiences. A Rolex service involves disassembling the watch, cleaning and lubricating the movement, replacing any worn parts, and reassembling and regulating the watch. This process can take several weeks, and the cost of service can vary depending on the age and condition of the watch.
If you decide to send your watch to Rolex for service, you will receive a Rolex service card back with a two-year guarantee. This guarantee covers any defects in materials or workmanship that may arise after the service. However, it’s important to note that the guarantee does not cover any damage caused by accidents or misuse.
Selling your Rolex privately
If you’re planning to sell your Rolex privately, sending it to Rolex for service can be a good investment. A well-maintained watch that is in good working order will be more attractive to potential buyers and can command a higher price. Additionally, having a service record can give buyers peace of mind that they are purchasing a genuine Rolex that has been properly maintained.
To send your watch to Rolex for service, you can visit a Rolex authorized dealer, who will arrange for the service on your behalf. You can also send your watch directly to Rolex by filling out a service request form on their website. Rolex will provide you with an estimate of the cost of service, and if you agree to it, you can send your watch to their service centre.
When selling privately, it’s important to do your research and set a fair price for your watch. You can use online resources such as the Chrono24 database to see what similar watches are selling for.
Selling Your Rolex To A Dealer
If you’re planning to sell your Rolex to a dealer, having it serviced beforehand may not be as important. Dealers will typically service the watch themselves before putting it up for sale. However, having a service record can still be beneficial, as it can demonstrate to the dealer that you have taken good care of the watch and that it is in good condition.
When selling to a dealer, it’s important to do your research and choose a reputable dealer. You can ask for recommendations from other Rolex owners or search online for reviews. It’s also important to be realistic about the value of your watch and not expect to receive the full retail price. Dealers will typically offer you a lower price than the retail value of your watch, as they need to factor in their own profit margin.
If you’re selling to a dealer, it’s important to have all the original paperwork that came with your watch, including the warranty card, box, and any receipts. This will help the dealer verify the authenticity of your watch and make the transaction smoother.
Conclusion
In conclusion, whether you should service your Rolex before selling it depends on several factors. If you’re planning to sell privately, having your watch serviced beforehand can be beneficial, as it can increase its value and attract potential buyers. If you’re selling to a dealer, having a service record can still be helpful, but it may not be as important, as dealers will typically service the watch themselves before selling it.
If you decide to send your watch to Rolex for service, you will receive a two-year guarantee, which can give potential buyers peace of mind that they are purchasing a well-maintained watch. However, the cost of service can be high, and it may not always be worth it, especially if your watch is older or in poor condition.
Ultimately, the decision of whether to service your Rolex before selling it will depend on your specific circumstances. It’s important to do your research and weigh the pros and cons before making a decision. No matter what you decide, remember that a well-maintained Rolex is a valuable asset that can last for generations, and taking good care of it will ensure that it retains its value over time.