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Need Advice on Handling Trade In

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ML2014

Rough_Rock
Joined
Apr 20, 2007
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I am not sure if this is the right forum for this question, but you''ve all been so helpful and I am hoping you can give me some advise.

I have a jeweler that I''ve worked with for about 5 years now. Bought a diamond eternity band from him during this time as well as other pieces. I am now trading in my ring for a new one, and he is giving me full value for the trade-in. I am also trading in a bracelet, which he did not originally sell me, and he is offering me what I think is a fair price (about 25% less than what I paid for it 7 years ago).

After the trade ins, I still owe a fair amount of money for the new ring. I just brought the bracelet to another jeweler just to see if I could sell it for more than the trade in, and while they weren''t interested in buying it from me, they offered me a higher trade in price than my jeweler (about $500 more). I am not going to trade it in with this jewler. I want to use my jewleler. I was just surprised to hear that I could get that much more for it.

I haven''t given my jewler the trade-ins yet.

Is it in poor taste for me to go back to my jeweler and ask for more of a trade-in amount based on the # the other jewler gave me? I''ve never traded in jewlery before so I am not sure if this is standard practice or not. I like my jewler and trust them and do not want to create any ill-will, but I don''t want to be foolish and not ask if this type of situation is fairly common.

It''s funny, I never have a problem negotiating things for other people, but here, for some reason I am having a problem. I am torn between trying to save a few hundred dollars vs. not creating an issue with a jewler that I hope to have a relationship with for years to come.

What would you do?.....I am leaning towards just leaving things be. Thanks for your advice...
 
I would probably leave things be . . . as a good relationship with a good jeweler is worth $500, I would think . . . but that is my personal opinion only.
 
leave things be. as you said, he is giving you a fair price. likely, the higher trade in amount was just making up for the higher price you would have paid for something at the other jewelry store.
 
I would ask him one more time if the offer he gave you is the absolute best he can do, then decide from there. I think the price he is offering you for the bracelet considering you didn''t buy it from him is very fair. In my experience it is very hard to get much back for reselling jewellery, as you have a good relationship with this guy I would stick with him.
 
Thank you for responding so quickly! Your opinions matter and I apprecaite your help.

Sorry about all the typos BTW.
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Date: 5/10/2007 10:33:02 AM
Author: Lorelei
I would ask him one more time if the offer he gave you is the absolute best he can do, then decide from there. I think the price he is offering you for the bracelet considering you didn''t buy it from him is very fair. In my experience it is very hard to get much back for reselling jewellery, as you have a good relationship with this guy I would stick with him.
This is probably the route I would take.
 
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