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pp763 · 18 May 2012, 08:52 AM

http://www.watchclub.com/w3989/rolex...r-deepsea.html

Rsvrider · 18 May 2012, 08:55 AM

It's a used watch, right? That's about where they should be.

pp763 · 18 May 2012, 08:57 AM

These don't go for anything less than around £5900 in the UK. Having read it more I reckon it doesn't come with paperwork hence the unheard of price

gwalker · 18 May 2012, 09:00 AM

Not unbelievably low. I've seen a few sub $8k. 5900 pounds is $9300. I could get a new one for that.

Rsvrider · 18 May 2012, 09:01 AM

Yeah, I wonder how to place value to the boxes etc. if its 100% original and are cent model tht may not need service...I don't see the point on the boxes etc. Unless you are a flipper, then yes you need the hang tags etc.

pp763 · 18 May 2012, 09:05 AM

In the UK £4750 for a DSSD is like seeing a RR phantom for a pound. Not quite but believe me I bet none of our english members on the forum have seen one so low. If it was a year ago I would probably have bought it.

MoBe · 18 May 2012, 09:24 AM

$ 7,600 approx. seems a bit light I agree so I`d want to know why if I were to talk to the seller.

jay1988 · 18 May 2012, 09:57 AM

http://www.watchclub.com/w3907/rolex...-warranty.html

That's £6,250 and the difference is only one year. Both excellent condition.

So yeah I would be curious as to why the price is so low. Special offer maybe ?

On a side note I love the watchclub website. Prices are decent and they have an interesting and varied stock.

al_bongo · 18 May 2012, 09:59 PM

This under the refund policy in "About Us" of above company

"Our watches are sold under the Margin Scheme, a British VAT system catering to second-hand and antique items. The prices advertised are NETT. Goods purchased under this arrangement have no VAT element within the prices, and therefore there is no VAT reclaimable. They are effectively tax-free."

Anyone heard of this? Is VAT then payable in the UK? In which case it's not such a great deal.

MoBe · 18 May 2012, 10:02 PM

Quote:

Originally Posted by al_bongo

This under the refund policy in "About Us" of above company

"Our watches are sold under the Margin Scheme, a British VAT system catering to second-hand and antique items. The prices advertised are NETT. Goods purchased under this arrangement have no VAT element within the prices, and therefore there is no VAT reclaimable. They are effectively tax-free."

Anyone heard of this? Is VAT then payable in the UK? In which case it's not such a great deal.

I think this explains it!

jerseyden · 18 May 2012, 10:32 PM

VAT is not applicable to used watches.

18 May 2012, 08:52 AM	#1
pp763 Member Join Date: Jun 2011 Location: U.K Watch: 116610LN Posts: 121	This has to be a price error http://www.watchclub.com/w3989/rolex...r-deepsea.html

18 May 2012, 08:55 AM	#2
Rsvrider "TRF" Member Join Date: Dec 2011 Location: Dallas TX Watch: It cming frm above Posts: 807	It's a used watch, right? That's about where they should be. __________________ "The Only Easy Day Was Yesterday"

18 May 2012, 09:01 AM	#5
Rsvrider "TRF" Member Join Date: Dec 2011 Location: Dallas TX Watch: It cming frm above Posts: 807	Yeah, I wonder how to place value to the boxes etc. if its 100% original and are cent model tht may not need service...I don't see the point on the boxes etc. Unless you are a flipper, then yes you need the hang tags etc. __________________ "The Only Easy Day Was Yesterday"

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18 May 2012, 08:57 AM	#3
pp763 Member Join Date: Jun 2011 Location: U.K Watch: 116610LN Posts: 121	These don't go for anything less than around £5900 in the UK. Having read it more I reckon it doesn't come with paperwork hence the unheard of price

18 May 2012, 09:00 AM	#4
gwalker "TRF" Member Join Date: Jul 2011 Real Name: Gunter Location: AL/NJ Watch: DSSD; 116610LN Posts: 5,509	Not unbelievably low. I've seen a few sub $8k. 5900 pounds is $9300. I could get a new one for that.

18 May 2012, 09:05 AM	#6
pp763 Member Join Date: Jun 2011 Location: U.K Watch: 116610LN Posts: 121	In the UK £4750 for a DSSD is like seeing a RR phantom for a pound. Not quite but believe me I bet none of our english members on the forum have seen one so low. If it was a year ago I would probably have bought it.

18 May 2012, 09:24 AM	#7
MoBe "TRF" Member Join Date: Sep 2011 Location: Canada Posts: 6,773	$ 7,600 approx. seems a bit light I agree so I`d want to know why if I were to talk to the seller.

18 May 2012, 09:57 AM	#8
jay1988 "TRF" Member Join Date: Feb 2012 Location: Midlands Posts: 1,515	http://www.watchclub.com/w3907/rolex...-warranty.html That's £6,250 and the difference is only one year. Both excellent condition. So yeah I would be curious as to why the price is so low. Special offer maybe ? On a side note I love the watchclub website. Prices are decent and they have an interesting and varied stock.

18 May 2012, 09:59 PM	#9
al_bongo "TRF" Member Join Date: Sep 2008 Location: Scotland, UK Posts: 444	This under the refund policy in "About Us" of above company "Our watches are sold under the Margin Scheme, a British VAT system catering to second-hand and antique items. The prices advertised are NETT. Goods purchased under this arrangement have no VAT element within the prices, and therefore there is no VAT reclaimable. They are effectively tax-free." Anyone heard of this? Is VAT then payable in the UK? In which case it's not such a great deal.

18 May 2012, 10:32 PM	#11
jerseyden "TRF" Member Join Date: Sep 2011 Real Name: Den Location: Jersey CI Posts: 510	VAT is not applicable to used watches.

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