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hotrod351

hotrod351

macrumors 6502
Original poster
Mar 3, 2007
309
12
Mohave Valley Arizona
bought the wife a 32mm at target on sale for $249.00. now i thought id buy one for myself, 42mm. started looking on good old ebay, they have dropped in price just in the last couple days from $300.00 + to $210.00 and even lower. and there a lot of them on there. what is happening, re they that bad a watch, my wife like hers but if they going to keep dropping in price than something is wrong. what, people are buying them and 3 or 4 months later selling them for half price.
 
A lot of people probably had lofty expectations for the Watch and it didn't quite live up to their dreams.

Nothing came out in March so most people think a new announcement/release is imminent by fall.

I like my watch that I just purchased a few days ago. I've always been a watch wearer so having something that actually does do more than just tell time is a welcome gadget. I also tempered my expectations before i bought it so I knew exactly what it was and could do.

I got the SBSS version for $100 off but will still definitely consider getting a new one if the internal spec bumps are dramatic. The recantangular design has actually grown on me.
 
Marketing only stretches so far. The watch is a novelty that wears off quickly. Features are thin, and the features that are there are slow enough to frustrate most people. At some point, you'll be trying to do something on the watch, get frustrated with how slow and cumbersome it is, pull out your iPhone, and then realize you look insane having two electronic gadgets around the region of your hands, with the watch at your wrist and phone in your hand, and feel like a complete idiot/tech-addict. Completely extraneous and redundant. You'd be better off buying a second iPhone at that point - point is, you'd never do that, because you know that makes no sense. I had the watch for a week before realizing, in my heart of hearts, it's a foolish waste of money with very little redemptive qualities. Sure, millions of Apple Watch owners will go to bat for the device to defend their purchase decision, and that's fine. I get it, and I won't argue. Enjoy your watch..
It's not for most.

It looks to me that there have been a significant number of watches returned/sold second-hand on CL/eBay. I'd love to see the watch resale/return churn compared to gen 1 iPad or gen 1 iPhone. I'd be willing to bet watch churn is much more significant, and a clear indicator of initial interest. Could not agree more with analyst predictions of a decline in sales in 2016 watch sales.

Silver lining for the offended: I do believe the watch will eventually become a huge success, it's just going to take a while. 6-8 years. The roadmap ahead is a bit more long and winding than the phone and tablet. A lot of problems/limitations to be solved/overcame.
 
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I see several Aplle watches on my local craigslist for $250 down to $200 for the 38mm sport. About 50 or so Apple watches for sale from $200 to $900. The cheapest all being 38mm sports. Pretty standard to see these for sale as they are in the top 5 for most searched item on Google. As a comparison, they are 100's of Apple iPhone 6/6s for sale and 76 pages of Galaxy S7's for sale. Hard to use CL as a indicator of worth.
 
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hotrod351 said:
bought the wife a 32mm at target on sale for $249.00. now i thought id buy one for myself, 42mm. started looking on good old ebay, they have dropped in price just in the last couple days from $300.00 + to $210.00 and even lower. and there a lot of them on there. what is happening, re they that bad a watch, my wife like hers but if they going to keep dropping in price than something is wrong. what, people are buying them and 3 or 4 months later selling them for half price.
Click to expand...

I did a quick look on both craigslist and ebay, and am not finding the low prices you're referring to.

For completed sales on ebay in the last few days, the average for the lowest price Sport model is about $270-$275, which is what many watches sold for with discounts. If I look at the stainless steel models, the selling price goes up to about $435-$450 on average, but there are other considerations there (size, band, etc).

Craigslist isn't much different for those on sale (in the Austin area).

So I'm not seeing the depressed values, and those actually seem to be holding their value pretty well.
 
meeebee said:
I did a quick look on both craigslist and ebay, and am not finding the low prices you're referring to.

For completed sales on ebay in the last few days, the average for the lowest price Sport model is about $270-$275, which is what many watches sold for with discounts. If I look at the stainless steel models, the selling price goes up to about $435-$450 on average, but there are other considerations there (size, band, etc).

Craigslist isn't much different for those on sale (in the Austin area).

So I'm not seeing the depressed values, and those actually seem to be holding their value pretty well.
Click to expand...

Paid $225 for a new 42mm sport space gray a week ago in San Jose.
 
meeebee said:
I did a quick look on both craigslist and ebay, and am not finding the low prices you're referring to.

For completed sales on ebay in the last few days, the average for the lowest price Sport model is about $270-$275, which is what many watches sold for with discounts. If I look at the stainless steel models, the selling price goes up to about $435-$450 on average, but there are other considerations there (size, band, etc).

Craigslist isn't much different for those on sale (in the Austin area).

So I'm not seeing the depressed values, and those actually seem to be holding their value pretty well.
Click to expand...
You said the key word for EBay. Completed sales. Those that typically meet the asking price are higher or they start at 99 cents. If they sell for cheap it might be the condition or questionable seller. CL is a different story. Sell for cheap because they are stolen or desperate for money.

Selling for cheap on eBay or CL is simply a supply and demand. Same amount were for sale when they first came out but demand was high. Now you can buy brand new on sale for $299 for the cheap sport. Much harder for deals below $350 for the SS. Plus a new one is coming though we don't know what new features will even be there with buying. I personally would buy a sport unless it was space gray.
 
I'm an longtime ebayer and pretty experienced on CL, just started buying and selling AWs. Seems a lot of younger, inexperienced sellers are on ebay with their unused Christmas gifts. A large % of sellers have less than 10 feedback with a lot 0 feedback too which I stay away from, -scammer or newbie, I avoid both. 42mm sold prices I'm seeing are $250-300 for Sport, $350-450 for SS, SS+link band in the $500 up.
CL is lower since it's like a garage sale and sells are always below asking price. Always ask for the serial #, you can check warranty, support time, sale date and activation lock status on the web with a few clicks. To transfer the 2yr AppleCare+ requires the orig receipt or a call from the buyer to Apple to transfer it to you. The std 1 year warranty needs no receipt or call, Apple just follows the serial #. 38mm are cheaper but I don't buy those.
 
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Sure enough..... Might have to grab another one lol....
 
I bought several mint complete in box 42mm Gray Sports for $195-250, I'm very experienced on ebay... I only buy with 6-10mo warr left, most were only 2-3 mo old. I'm new to AW and love mine esp for bluetooth music exercising...
 
gigaguy said:
I bought several mint complete in box 42mm Gray Sports for $195-250, I'm very experienced on ebay... I only buy with 6-10mo warr left, most were only 2-3 mo old. I'm new to AW and love mine esp for bluetooth music exercising...
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space gray is sold out everywhere near me for the 42mm :/. none on craigslist near me under 300 either
 
hmm, I've got 2 of em... I do shoot for $300 on resale but last one I sold for $275 local.
 
gigaguy said:
hmm, I've got 2 of em... I do shoot for $300 on resale but last one I sold for $275 local.
Click to expand...
Well I had one yesterday for 200, but for some reason my paypal credit wouldn't work and I lost the sale because he transaction failed
 
now on good old ebay stainless for $399.00 new in box free shipping. boy there starting to give these away, plenty of 42mm sport for close to the $200.00 range. would be surprised if they dont start selling the stainless for around $250.00 in the next week or two.
 
hotrod351 said:
now on good old ebay stainless for $399.00 new in box free shipping. boy there starting to give these away, plenty of 42mm sport for close to the $200.00 range. would be surprised if they dont start selling the stainless for around $250.00 in the next week or two.
Click to expand...
That would be nice. My son wants a SS and I would love to get him one for $250. Was hoping I could talk him into a Gear S2 as my local CL has those for $99 or less.
 
I've been trying to sell my 42mm SG Stainless steel for a couple days and all I get is lowball offers from CL. The resale on these things are crap.
 
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noodles5666 said:
I've been trying to sell my 42mm SG Stainless steel for a couple days and all I get is lowball offers from CL. The resale on these things are crap.
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I believe that. It's not just CL. eBay isn't much better it appears. I remember when I tried to sell the first iPhone. A year later I couldn't get $200 for it. :-(
 
The resale on these things are crap. sure have that right. what gets me is why so many people are selling them at such a loss. figure it would be worth keeping it for just as a watch.
 
hotrod351 said:
The resale on these things are crap. sure have that right. what gets me is why so many people are selling them at such a loss. figure it would be worth keeping it for just as a watch.
Click to expand...
Who knows the reason. Need money and they got it as a gift would be one reason. Get it for cheap and try and sell for a profit. Hate it and want to get rid of it.
 
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hotrod351 said:
The resale on these things are crap. sure have that right. what gets me is why so many people are selling them at such a loss. figure it would be worth keeping it for just as a watch.
Click to expand...

You do not expect any electronic device to be an investment but the bottom did fall out of the AW market.

I bet Apple is taking note and you got to question how the sales of new watches is going.
 
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Noodles, not sure what SG Stainless is but I see a lot of incorrect AW descriptions. I found it easy to sell my Sports SGs but the Black SS were much harder. I sold one for $350 on CL and one for $450 on ebay. These were both complete, mint, and with 9mo and 18mo warranties. I think the Black SS may be more a niche market thab the silver SS, not sure.
I'm seeing less good deals right now on ebay for some reason. The last 2 weeks I saw lots of good deals and bought a few.
I'm seeing a few big sellers (companies) starting to sell lots of watch items. Before it was mostly individuals. Not sure if Apples watchband update or rumors of the AW2 has lowered prices and heightened interest, hard to tell.
 
gigaguy said:
Noodles, not sure what SG Stainless is but I see a lot of incorrect AW descriptions. I found it easy to sell my Sports SGs but the Black SS were much harder. I sold one for $350 on CL and one for $450 on ebay. These were both complete, mint, and with 9mo and 18mo warranties. I think the Black SS may be more a niche market thab the silver SS, not sure.
I'm seeing less good deals right now on ebay for some reason. The last 2 weeks I saw lots of good deals and bought a few.
I'm seeing a few big sellers (companies) starting to sell lots of watch items. Before it was mostly individuals. Not sure if Apples watchband update or rumors of the AW2 has lowered prices and heightened interest, hard to tell.
Click to expand...

Space Black (thought it was considered Space Grey) Stainless Steel
 
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