The Breitling Watch Source Forums

Breitling Watch Information Forums, Navitimer, Chronomat
It is currently Sun May 04, 2025 2:40 am

All times are UTC - 8 hours




Post new topic Reply to topic  [ 8 posts ] 
Author Message
PostPosted: Wed Jul 18, 2012 11:25 am 
Offline
Breitling Enthusiast
Breitling Enthusiast

Joined: Fri Sep 30, 2011 1:15 pm
Posts: 87
Likes: 0 post
Liked in: 2 posts
Good Breitling people,

I am thinking about purchasing another 'Ling to add to my lot; as per a lot of people on here, I find the new ones too expensive, so naturally the second hand market becomes very attractive.

A lot of the sort of watches I would like to go for are abroad, so my question is what is the best way about going for this? One option I thought of was visiting the actual shop, but that of course rules out a lot of the countries that are very far away from me.

I live in north east England, and what I was wondering is what is the import duty on a second hand watch? Also, if I was to buy a watch from a foreign country, what is the best way about doing this, considering of course a lot of continental Europe use the Euro, whereas here in in Britain we still use the good 'ol Queens pound; so of course I would have to do the transaction in a way to ensure the shop gets the full correct price; no doubt our banks will take a substantial cut; if for example the fees came to 5% then that works out quite a large amount of money considering the high value of a watch I might want to buy.

Has anyone bought a watch in this way?


Top
 Profile  
Reply with quote  
PostPosted: Wed Jul 18, 2012 11:56 am 
Offline
Contributing Member
Contributing Member

Joined: Sun Jan 02, 2011 4:36 pm
Posts: 14216
Likes: 1471 posts
Liked in: 1728 posts
Location: Vienna, Austria
well, being from a rather small country, most if not all of my purchases were from abroad. quite alot actually from the UK. when you buy from another EU country there is no import duty whatosever and exchange fees inside the EU are also regulated and not too high, just make sure you do not let paypal handle the exchange.


Top
 Profile  
Reply with quote  
PostPosted: Wed Jul 18, 2012 10:31 pm 
Offline
Breitling Enthusiast
Breitling Enthusiast

Joined: Fri Feb 27, 2009 12:28 am
Posts: 23
Likes: 0 post
Liked in: 0 post
I bought my Steelfish from the UK via phone using my credit card, so obviously my credit card company used whatever exchange rate they had from € to £. If you buy from a shop in Europe (The EU) I guess the safest (but not necessarily the cheapest) way would be to use a credit card, or Paypal. What you gain in security you lose in foreign currency rates I guess. And no import duty either on anything that comes from inside the EU.


Top
 Profile  
Reply with quote  
PostPosted: Thu Jul 19, 2012 1:59 am 
Offline
Breitling Fanatic
Breitling Fanatic

Joined: Sun May 06, 2012 6:18 pm
Posts: 100
Likes: 0 post
Liked in: 5 posts
SimonC wrote:
Good Breitling people,

I am thinking about purchasing another 'Ling to add to my lot; as per a lot of people on here, I find the new ones too expensive, so naturally the second hand market becomes very attractive.

A lot of the sort of watches I would like to go for are abroad, so my question is what is the best way about going for this? One option I thought of was visiting the actual shop, but that of course rules out a lot of the countries that are very far away from me.

I live in north east England, and what I was wondering is what is the import duty on a second hand watch? Also, if I was to buy a watch from a foreign country, what is the best way about doing this, considering of course a lot of continental Europe use the Euro, whereas here in in Britain we still use the good 'ol Queens pound; so of course I would have to do the transaction in a way to ensure the shop gets the full correct price; no doubt our banks will take a substantial cut; if for example the fees came to 5% then that works out quite a large amount of money considering the high value of a watch I might want to buy.

Has anyone bought a watch in this way?


eBay has many German and Spanish power sellers with very good value.


Top
 Profile  
Reply with quote  
PostPosted: Thu Jul 19, 2012 4:27 am 
Offline
All Roads lead to Breitling
All Roads lead to Breitling
User avatar

Joined: Sat Jan 09, 2010 6:01 pm
Posts: 8010
Likes: 3 posts
Liked in: 33 posts
I bought from a broad once..........wrong forum.

_________________
SHARKMAN


Top
 Profile  
Reply with quote  
PostPosted: Thu Jul 19, 2012 5:33 am 
Offline
King of Ling
King of Ling
User avatar

Joined: Thu Feb 25, 2010 2:30 pm
Posts: 1511
Likes: 126 posts
Liked in: 77 posts
Location: Minnesota, USA
sharkman wrote:
I bought from a broad once..........wrong forum.

Is that why your a lawyer now? :lol:

_________________
Chrono Jetstream
Montbrilliant 1903
Aerospace E79362


Top
 Profile  
Reply with quote  
PostPosted: Sun Aug 12, 2012 3:52 pm 
Offline
Breitling Enthusiast
Breitling Enthusiast

Joined: Sun Aug 12, 2012 2:58 pm
Posts: 10
Likes: 0 post
Liked in: 0 post
Hi, don't you still have to pay 20% VAT even on a used watch if you live in the UK and buy a watch from Europe? I know cigarettes and alcohol you do so I presume a watch would too since you can get duty free.


Top
 Profile  
Reply with quote  
PostPosted: Tue Aug 14, 2012 4:41 pm 
Offline
Breitling Fanatic
Breitling Fanatic

Joined: Sun May 06, 2012 6:18 pm
Posts: 100
Likes: 0 post
Liked in: 5 posts
Big Tav wrote:
Hi, don't you still have to pay 20% VAT even on a used watch if you live in the UK and buy a watch from Europe? I know cigarettes and alcohol you do so I presume a watch would too since you can get duty free.


Tobacco and alcohol are not taxed from within the EU.
However, if it is not for personal use (excess amounts) it will attract a fee. Or if it was not VATed in origin (like duty free in EU), then again it will be taxed.
If you buy anything (legal to own in UK) from EU its free. Subject to exceptions as always like the mentioned above (I remember something about pets where prior consent of authorities is needed).

Bottom line, if you pay a VAT (or equivalent) in one member state then you do not need to pay it again. FREE MOVEMENT OF GOODS.


Top
 Profile  
Reply with quote  

Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 8 posts ] 

All times are UTC - 8 hours


Who is online

Users browsing this forum: No registered users and 17 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Jump to:  
 




Powered by phpBB® Forum Software © phpBB Group