LACO Resell value & turnover - Page 2
Like Tree12Likes

Thread: LACO Resell value & turnover

Page 2 of 3 FirstFirst 1 2 3 LastLast
Results 11 to 20 of 29
  1. #11
    Member
    Join Date
    Feb 2019
    Posts
    3

    Re: LACO Resell value & turnover

    Always done well with them

  2. #12
    Member Sinner_666's Avatar
    Join Date
    Oct 2018
    Posts
    132

    Re: LACO Resell value & turnover

    I am seriously considering purchasing a Laco and am a bit surprised at the experiences mentioned here. While I know that most watches take a 25-30% at most, a 40-50% hit on a relatively new watch seems a bit too much. I was leaning towards getting one used anyway but still good to know.


    Sent from my iPhone using Tapatalk

  3. #13
    Member umarrajs's Avatar
    Join Date
    Oct 2012
    Location
    Chicago, Northern Suburbs
    Posts
    2,718

    Re: LACO Resell value & turnover

    I know that Erbstuck will loose about 40% of the value since there are few potential buyers since I have sold 2 (out of 3 that I purchased).
    Also, If I am planning on spending ~ $1,000 on a watch, I will look at competing brands. in this space which are many.
    I honestly think that Laco was TOO aggressive in the price increase implemented 2 years ago. I will be very reluctant to but a brand new Laco at the new (steep, IMO) prices.
    " Two mighty torches of flame like the wings of a yellow bird of fire flew over a field, covered a field with a brilliant yellow bloomings of flame, and in the midst of it, white as a ghost, white as the white of Melville's Moby Dick, white as the shrine of the Madonna in half the churches of the world, this slim angelic mysterious ship of stages rose without sound out of its incarnantion of flame and began to ascend slowly into the sky, slow as Melville's Leviathan might swim, slowly as we might swim upward in a dream looking for the air............."

    Norman Mailer describing the lift-off of Apollo 11.

  4. Remove Advertisements
    WatchUSeek.com
    Advertisements
     

  5. #14
    Member Sinner_666's Avatar
    Join Date
    Oct 2018
    Posts
    132

    Re: LACO Resell value & turnover

    Quote Originally Posted by umarrajs View Post
    I know that Erbstuck will loose about 40% of the value since there are few potential buyers since I have sold 2 (out of 3 that I purchased).
    Also, If I am planning on spending ~ $1,000 on a watch, I will look at competing brands. in this space which are many.
    I honestly think that Laco was TOO aggressive in the price increase implemented 2 years ago. I will be very reluctant to but a brand new Laco at the new (steep, IMO) prices.
    Is this true of all Laco models, most, or just a few in your experience?


    Sent from my iPhone using Tapatalk

  6. #15
    Member
    Join Date
    Aug 2015
    Posts
    179

    Re: LACO Resell value & turnover

    I think you shouldn't buy watches according to their resale value. Truth is, you loose money with almost all of them. Buy watches you want to have, wear them a lot and enjoy them. That can't be measured with money.
    Laco Pforzheim and pherble like this.

  7. #16
    Member siliciferous's Avatar
    Join Date
    Aug 2014
    Location
    Cleveland, OH
    Posts
    182

    Re: LACO Resell value & turnover

    If you are at all concerned with resale value, buy used if you have the patience for the process. Of the 20 or so watches that have passed through my hands in the past five years, on the models I obtained secondhand I haven't taken more than a few percentage points loss on resale - note this is before factoring in a few more points lost on shipping and transaction fees. If you can trust yourself to stick to the rule of 'never new', upkeep on this hobby isn't all that expensive for my US middle-class lifestyle, besides the fact that you'll have a decent amount at any given time tied up in product.

    Only two or three of those happened to dramatically go up in value before I resold them, and it was in no way predictable. Those few in my experience that went down in value in a noticeable way before I flipped them weren't bad - we're talking 15% or less differential from purchase price.

    If you want value, new isn't the way to do it save for great care taken with the examples Mr. Stuffler mentioned above.
    pherble likes this.
    "We demand rigidly defined areas of doubt and uncertainty!"

  8. #17
    Member boci202A's Avatar
    Join Date
    Jul 2018
    Location
    Calgary, AB Canada
    Posts
    64

    Re: LACO Resell value & turnover

    If the lost value is a concern, be patient for the right opportunity and buy used one. It's kind of buying the new car versus the used one, the moment you drive it off the parking lot you "loose" ~30%.

  9. #18
    Member Sinner_666's Avatar
    Join Date
    Oct 2018
    Posts
    132

    Re: LACO Resell value & turnover

    Good point—I think a used Laco is definitely in my near future. The question is, how near is “near”?


    Sent from my iPhone using Tapatalk

  10. #19
    Member
    Join Date
    Jan 2019
    Location
    Colorado
    Posts
    87

    Re: LACO Resell value & turnover

    Quote Originally Posted by Sinner_666 View Post
    Good point—I think a used Laco is definitely in my near future. The question is, how near is “near”?


    Sent from my iPhone using Tapatalk
    In order to quench my Laco thirst, I just purchased a used Aachen for $300 in near new, so near was now based on seeing a good deal. I have a short list of watches to search for on EhBay, in the FS forums, et al, with a firm idea of what a "good deal" is that I'm willing to go for, so I don't get too spontaneous.

    I will look at an Erbstuck in the next year or two unless a great deal comes by.
    Sinner_666 likes this.

  11. #20
    Member Maddog1970's Avatar
    Join Date
    Sep 2015
    Location
    Vancouver, BC, 🇨🇦
    Posts
    4,516

    Re: LACO Resell value & turnover

    I never buy expecting to sell....when I do flip, either out of lost love or funding the next grail, I tend to look at the lose as a rental fee I paid while enjoying the watch....

    That said, I flipped 2 Lacos a while back, easy sales, losing about 10-15% over what I had originally paid....

    Still have my bronze friedrichshafen, which I plan on keeping....
    I have been trying reaallllly hard to keep it below 20, but have just given up now.
    Watches - to many
    Brand - lots

Page 2 of 3 FirstFirst 1 2 3 LastLast

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

    Similar Threads

    1. Resell value of marriage watches?
      By Tourbillioloco in forum Vintage & Pocket watches
      Replies: 26
      Last Post: May 9th, 2014, 23:05
    2. Fair resell value for Submariner
      By Ricky T in forum Rolex & Tudor
      Replies: 0
      Last Post: January 31st, 2012, 20:38
    3. Resell value of "affordable quality" watches
      By Foucault71 in forum Public Forum
      Replies: 14
      Last Post: September 29th, 2010, 14:22
    4. What's the resell value?
      By innov8 in forum Breitling
      Replies: 2
      Last Post: October 11th, 2008, 19:46
    5. Oris Worldtimer resell value question.
      By ChrisSE in forum Oris
      Replies: 4
      Last Post: May 14th, 2006, 22:27

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •