I think this example best describes the BNIB concepts.
To me sellers are using this term to describe condition to justify
The price tag they are asking for. The only way to ever get it "brand new" is
From the AD who are allocated stocks from the watch makers.
Someone bought a new apartment from the developer, already T.O.P., but never move in or rent out. One year later I bought the apartment from him. Do I considered the apartment new? Yes. Is the apartment preowned? Yes too, coz it has been owned by someone before and I am the second owner.
So, new/brand new/BNIB and preowned are entirely two different animals, and can co-exist.
"He could not just wear a watch. It had to be a Rolex." �Ian Fleming, Casino Royale (1953)
The thread subject is not whether pre-owned is the same as BNIB. We know the two are not the same as pre-owned has a wider and more generic meaning then BNIB. The subject is whether BNIB is considered as pre-owned.
I disagree with you. Even brand new watches being sold at the ADs may not be "factory fresh" - did you not ever try on watches in the shops and not buy it? So how to know if a watch is "factory fresh"? Protective stickers? I can get a few dozens of them and stick it on every of my watches that doesn't have it, like what most ADs and even preowned dealers are doing. And if I somehow manage to buy a factory fresh watch, keep it in the safe "bracelet unsized/strap unmounted, all protective stickers still intact and the warranty card is not even dated/and is unnamed" for 20 years, is it still BNIB? No, it becomes NOS liao.
Is BNIB considered pre-owned? Well if I buy u a Rolex as a present, in a BNIB state, and then give it to u on your birthday say 2 months later, have I gave u a pre-owned watch? If so then no watch given as a present in this world is ever new then =)
Maybe the next person will ask: If my friend ask me to buy a Rolex on his behalf while I am overseas, and I only pass it to him 2 months after I return, is the watch considered preowned?
Watches are like potato chips - You never stop at one
Very simple. I can tell you it's new, weather you believe me or not is another thing.
For some, they base on the stickers and the pristine to judge if it's new. For some, even though there's no sticker, but seller say new they believe it's new.
So...who's right? Who's wrong?
No end one lah...you comfortable with it and the price ok then deal done liao.
Sometimes forgotten, but always contactable. Darkangel (2007-2014)
Is BNIB considered pre-owned? Well if I buy u a Rolex as a present, in a BNIB state, and then give it to u on your birthday say 2 months later, have I gave u a pre-owned watch? If so then no watch given as a present in this world is ever new then =)
Bnib just means it is new. Condition like deplay sets are still considered new. No one owns it before.
You guys can continue to argue but end up it is up to individual to decide.
No big deal if u decide to buy from grey or private dealers and named it as bnib.
At the end of the day, only price matters regardless whether it is BNIB, display set and ...... ontherwise there is no grey market.
Before buying just ensure it is still under warranty and authenicate at RC or appointed service centre to ensure that it is in good condition (without tampering or modification)
Is BNIB considered pre-owned? Well if I buy u a Rolex as a present, in a BNIB state, and then give it to u on your birthday say 2 months later, have I gave u a pre-owned watch? If so then no watch given as a present in this world is ever new then =)
At the end of the day, only price matters regardless whether it is BNIB, display set and ...... ontherwise there is no grey market.
Before buying just ensure it is still under warranty and authenticate at RC or appointed service centre to ensure that it is in good condition (without tampering or modification)
....and good advice.
Good thread n good discussion but end of the day all buyer like to buy it cheap n good and all seller always said sell you good & cheap
Maybe I try to give some scenario:
Case 1. Buy a brand new watch, wear it even for only 1 special occasion/day---> once own by someone it's already pre-own w/o doubt.
Case 2. Buy a brand new watch, ONLY just for admiring it occasionally for a couple of minutes, clean it(like those SA clean it after the customer left the shop) & later back to the 'safe' again---> u are the only customer, SA & your house is the 'shop' all in one. IMO it's still pre-own but BNIB
Case 3. Buy a brand new watch, intention as a gift(no owner yet), 3 months later give it to the lucky person to shower with luv----> BNIB
Case 4. Buy a brand new watch, intention is solely for trading and looking for buyer to luv this watch----> BNIB only if you believe the seller didn't wear it, otherwise is case 1.
Unless it's a collection model, regardless 1 or 4, when the watch changes hand, the value will drops from 4 to 1 in descending order.
Have a friend bought a solid RG Daytona from another friend at half the original price, he added another 1k on top what was offer by outside shop, yes and he only wear it once, his is a case 1.
****, my gf will kill me if she saw this. I brought a bnib watch and gave it to her few days later, and now it's considered preowned already, so sad.
Haha, just joking.
Buying first hand from AD is BNIB, you are the first owner, so you got a virgin watch.
Buying pre-owned means you are the second owner. The first owner owned the watch before you. Even if everything is complete and the watch not worn by the first owner, it is still considered pre-owned already.
That's my logic...
Huh, wonder if it apply to cars as well. What do you think ???
Guess at the end of the day, it still boils down to price. If one advertises a LNIB Rolex Ceramic Sports series (no scratches at all, perfect condition) without factory stickers as a 'BNIB' set @ $3k below grey dealer price / local AD price (after discount)... I'll gladly snag it, and tell myself it's BNIB man
"Time flies like an arrow. Fruit flies like a banana."
--Groucho Marx--
*For faster response, pls direct all questions to my email: destro22bt@gmail.com thanks!
The discussions' all very deep. I'm getting a headache.
It's all labels? At the end of the day, so long as buyer and seller have common understanding of background and condition of watch, that's what's most impt? You mean some seller label his watch 'BNIB', 'Mint', 'Pristine', 'Virgin' etc, you are not going to inspect it before passing your $$$ over???! Even if you buy straight from AD, you still inspect for QC issues too, nvr know if some saleman took the same watch out last night and go mountain-climbing, wash toilet etc...
"Once is happenstance, twice is coincidence,
three times is enemy action and
over 600 is clearly the work of an ancient Sumerian demon or some sh*t."
Comment