Your question: Do you pay sales tax on Chrono24?

Is there tax on Chrono24?

Because we are collectors and not jewelers, we’re willing to pay more for watches we and sell them at much lower prices. … We do not charge sales tax for customers residing in other states. [Shipping Policy] We always provide free overnight shipping to the US.

What is the sales fee on Chrono24?

There is no listing fee to use Chrono24. The account is free and the listing is free. The fee for selling as an individual seller is 6.5% of the total value of the sale. For example, if you sell Rolex Submariner for $10,000, you will pay $650 a selling fee.

What percentage does Chrono24 take?

Private sellers can list their watch for free on Chrono24. Once you sell your watch, we charge a modest 6.5% commission fee. As a result, you will make a higher profit selling on Chrono24 than you would if you went to a jeweler or auction house. When is the commission fee due?

Is it safe to buy off Chrono24?

Chrono24 has a zero-tolerance policy when it comes to dealers listing counterfeit watches. We verify every dealer on our platform, and many of them have been selling watches on Chrono24 for years. The Trusted Seller seal is further evidence of a dealer’s trustworthiness.

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Are Chrono24 offers binding?

As far as I know, and without doing research on the mercantile law of the Federal Republic of Germany (the governing law of Chrono24), once you have made an offer, unless withdrawn before acceptance or it lapses after a stated period, if the seller accepts it then a legally binding contract has arisen.

How good is Chrono24?

Chrono24 has a consumer rating of 4.57 stars from 1,489 reviews indicating that most customers are generally satisfied with their purchases. Consumers satisfied with Chrono24 most frequently mention fast delivery, good experience and great service. Chrono24 ranks 3rd among Marketplace sites.

Is it easy to sell a watch on Chrono24?

Selling Your Watch on Chrono24

In fact, 90% of watches listed on Chrono24 end up selling. To ensure transactions run smoothly, Chrono24 offers secure payment processing and a free Escrow Service. This guarantees security for both the buyer and seller during transactions and makes the overall sales process a lot easier.

How does buying on Chrono24 work?

Through Chrono24, private parties and dealers can buy or list watches for sale. According to Chrono24, a watch listing has the potential to reach over nine million buyers throughout a given month. Though it’s free to list a watch, Chrono24 does take a commission when it sells.

How much is eBay’s seller fee?

If your item sells, eBay keeps a portion of the sale. This final value fee for most categories is 12.55% of the sale price or lower, plus $0.30 per order.

Does Chrono24 charge a buyer fee?

Chrono24 adds 7.5% buyer’s surcharge on all purchases.

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Can you trade watches on Chrono24?

We have over 15 years of experience in the watch trading business. We are a one stop shop! If you are looking to buy, sell, trade or service your watch – we are able to asssit you with all of your watch needs.

Is Crown caliber trustworthy?

According to Crown & Caliber, 5-10% of the watches they have incoming are fake. This includes watches known to be fake when they are sent to Crown & Caliber for evaluation, as well as watches that the owners innocently may not know are fake (despite sometimes having suspicions).

Are Chrono24 prices accurate?

As for Chrono24, their prices to begin with are already pretty high, so it wouldn’t be surprising that their valuations are high as well–those prices, however, are not the prices the watches actually sell for, for the most part, if they sell at all (I have seen many watches listed for months, and in some cases, more …

Can you trust creation watches?

Altogether a very good watch seller who you can trust. I live in the UK and postage was free!