Originally Posted by 5Xwen

Thanks for all the suggestions so far.

I called the Tourneau dealer in Boston. He told me the trade-in vallue is usually 25-30% of what the original price was. I won the watch in a sales contest, however, the original price was $3,088 suggested retail. That would equate to a trade-in value of around $772 to $926. Since a similar new Rolex today retails for $8K I would be getting screwed!

I'm sure I could negotiate a better deal in person, however, with the attitude the salesguy had on the phone, and the low estimate - it's not worth my time. Maybe it varies from dealer to dealer.