If you were in the market for a pre-owned AW, how much would you care if it had AppleCare+?

[Luba]

I'd like to get a new AW every year, Apple doesn't have an AW Upgrade Program and what you get from their trade-in programs is bad. So I'm going to sell it myself. I heard eBay can pain to deal with and that Facebook Market is better? How's Swappa?

Is it a deal-breaker if the pre-owned AW doesn't have AppleCare+? For an aluminum or regular stainless steel AW, would you pay $40 extra if an AW for sale had AppleCare+? For example, same two AWs for sale, but one has AppleCare+ and it's $40 more.

For an Hermès AW would you pay $75 extra if it had AppleCare+?

I think the pre-own regular stainless steel market is the worst . . . 33% after 1 year?

For the aluminum is about 50% after 1 year?

50% for Hermès AWs after one year?

 

[1CaesaR1]

Probably depends on what percentage that $40 is of the total sale price. A lot of used AW buyers just want to buy the cheapest/cheap enough watch and probably a lot of them don't even understand/care for the AppleCare+. For a discerning buyer, it may be worth it and you would get paid, but don't count on it if you are looking for a quick sale. I have sold two AWs on Swappa and the experience was good. However, I have sold more AWs on the local FB marketplace (never did the shipping option due to fees). My preference always is to sell locally on FB and then try Swappa.

Resale is definitely bad on SS models. Sold an AW4 SS for $210 a week ago and planning to sell my AW5 SS for around $300 (hoping!).

 

[PaladinGuy]

I’ve sold most of mine on Swappa. It’s always been a good experience. The only thing that I don’t like is that you’re forced to include fees and shipping in your price, which makes buyers expect a steal. You end up paying PayPal fees, swappa fees, and shipping. It’s definitely best to sell local, but it depends on the specifics. Someone looking for a specific model that’s more niche is more likely to buy on Swappa/eBay. Local people will more likely just want a low price and not care/know much about the details.

Personally, I hate selling things because I can’t stand lowballers. The used market tends to be people looking for a deal, otherwise they’d buy new.

As others said, expect to get almost no additional money for stainless steel or for AppleCare. The Apple Watch is the worst Apple product for resale value in my experience. See my previous comment. People buying used are unlikely to care or understand the differences between the aluminum and steel models.

 

[MrMacintoshIII]

This is why you sell on eBay. You’ll end up able to sell at market value if you know what you’re doing, including making up the difference between aluminum and anything better, though the models above aluminum still sell at a loss due to aforementioned dealhunters and generally luxury not being worth as much as pure utility.

 

[Luba]

Thanks for the insights! So paradoxically resale percentage for the Hermes AW could be similar (or maybe even better) to the aluminum because only someone who appreciates it and is looking for a Hermes would even bother considering it. In a sense the steel is not luxurious enough.

 

[MrMacintoshIII]

Thanks for the insights! So paradoxically resale percentage for the Hermes AW could be similar (or maybe even better) to the aluminum because only someone who appreciates it and is looking for a Hermes would even bother considering it. In a sense the steel is not luxurious enough.

Hermes watch would fair slightly higher on the true resale market (eBay) but not enough to offset how expensive it was.

 

[laptech]

......

Personally, I hate selling things because I can’t stand lowballers. The used market tends to be people looking for a deal, otherwise they’d buy new.

......

If during your current lifetime you have ever tried to do a 'deal' on a used item then you yourself are a lowballer.

A very good example is the used car market. Buyers will try to haggle the price down but when it comes time for that buyer to sell some of their used stuff, they complain about the issue of lowballers.

Hopefully you've never done a deal in your life thereby not being a hypocrite.

 

[PaladinGuy]

If during your current lifetime you have ever tried to do a 'deal' on a used item then you yourself are a lowballer.

A very good example is the used car market. Buyers will try to haggle the price down but when it comes time for that buyer to sell some of their used stuff, they complain about the issue of lowballers.

Hopefully you've never done a deal in your life thereby not being a hypocrite.

I don’t offer people prices that I know are far lower than the value of an item. Also, I don’t often buy used because I prefer things to be in immaculate condition.

I do my best not to be hypocritical.

If someone lists something at lower than the true value, sure…I gladly purchase it. I got a stainless steel series 5 for $350 that was basically brand new last summer. I knew it should have been more. The seller did a poor job on the listing on eBay. That’s on them.