Luxury watch: Purchase history questions
Are you about to buy a luxury watch from a private seller? Many forget to ask the right due diligence questions in such a situation. Being humans, it can be easy to forget otherwise very important questions to ask. We have compiled a list of critical Purchase history questions for you to ask before buying a luxury watch from a private seller
Purchase History questions
- Where was the watch purchased?
- When was the watch purchased?
- How many owners have the watch had?
- Does the seller have the original purchase invoice?
- For how much was the watch initially purchased?
- How long has the watch been for sale?
- Have other buyers rejected the watch, and if so, for what reasons?
- How was the watch purchased (cash, credit, transfer, barter)?
- Was the seller an authorized dealer?
- Has the watch ever been put on sale but not sold?
- Can the seller provide documentation for the purchase history?
- Are there any re-selling agreements or any benefits that you will "inherit" from where the watch originally was purchased?
- Are there any records of the service or maintenance history?
- Has the watch been appraised or evaluated by an expert?
Did you know that the 139 questions to ask before buying a luxury watch from a private seller checklist contains even more relevant questions to ask before buying a luxury watch from a private seller - it might save you a lot of money and headache.
