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23 September 2017, 08:35 AM | #1 |
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Service Center Watch Replacement Value?
I sent my 16710 for service and a few days later received a written copy of the proposed service and cost estimate. On the estimate there's a line item that says "in the unlikely event of loss or damage, your watch will be replaced with a current or similar model with an approximate retail value of $8,000".
Are they referring to current retail price of a ceramic GMT or some second hand market of a 5 digit GMT? Not that it's super important, just curious. |
23 September 2017, 08:51 AM | #2 |
2024 ROLEX DATEJUST41 Pledge Member
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Real Name: Tom
Location: Mandeville La
Watch: 16610M
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You were not clear, what service center was it sent to?
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23 September 2017, 08:53 AM | #3 |
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23 September 2017, 02:00 PM | #4 |
TRF Moderator & 2024 DATE-JUST41 Patron
Join Date: May 2007
Real Name: Larry
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Watch: GMT's
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Replacement value is for the current model available.
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23 September 2017, 02:29 PM | #5 |
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You should use this for insurance.
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23 September 2017, 03:45 PM | #6 |
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If I'm not mistaken isn't the current MSRP for a 116710LN $8,450 and the BLNR $8,950? Why wouldn't Rolex match one of these prices?
OP, did you have the black bezel insert installed or a Pepsi/Coke? Wouldn't the Pepsi/Coke fall under the same category as the BLNR due to the dual colors on the bezel? :: thinking::
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24 September 2017, 03:24 AM | #7 |
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Service Center Watch Replacement Value?
@CarKeys I just had my 16610 serviced at the Dallas RSC and they estimated my replacement value at $9000 isn't the GMT BLNR estimated higher???
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24 September 2017, 01:40 PM | #8 | |
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Quote:
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17 October 2017, 01:14 AM | #9 |
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I sent my D-serial "Pepsi" 16710 to the Dallas RSC last week. On the estimate it states, "in the unlikely event of loss or damage, your watch will be replaced with a current or similar model with an approximate retail value of $8,000."
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