I've traded inexpensive pieces for parts before, but ever truly traded down. My practice has been to trade laterally or up, and simply save my pennies and buy out right at the lower end of the market.
TakesALickin said:For years I've been a strict adherent of the strategy of selling my safe queens, consolidating money and buying fewer, more expensive watches.
I recently traded down to get this 6139-6002 (gave up a Debaufre Triton) and a Montblanc pen. I'm so happy with this Seiko, I'm starting to question whether my long time strategy makes sense all the time.
What do you typically do? Always look to move up? Trade straight across, for similarly valued watches? Or trade up and down with little concern for what the market value of the watches are, so long as you like them?
I'm on the lookout for watches that catch my eye. The watch of the moment may be a Seiko GS or a Seiko 5 or something in-between. Rules for trading could mean an interesting watch gets missed....
I guess I should clarify that point - I don't mean to ask if you are willing to take a loss. Like in my example, I traded my Triton away for the 6139 and the Montblanc pen - to make up the difference between the average market value of the two watches. But you could just as easily trade down for a less expensive watch plus cash. Like Grailwatch says, it only makes sense. The question is just about whether you're willing to consider watches of lesser value in trades (or purchases, where you first sell a more expensive watch to raise funds)grailwatch said:I don't think I'll have a problem trading down as long as I like the target watch. But if you mean trading down as in taking a monetary loss, that's not an ideal situation. The other party will have to add cash. It only makes sense.
A lot of wisdom in those words, Marco!Marco-T said:when you're not wearing a watch because you prefer another one, you've lost even more