Price Negotiations for Non-Rolex, Non Independent Watches

[fatcows7]

Hi all (Admins, please move to another thread if not appropriate),

I just had a question regarding price negotiations in general. I'm looking for a non-sports model Tudor which is somewhat readily available.

I had thought that non-rolex and non-indepedent watches would receive a hefty discount (think 40%) in the grey market (assuming it is used). For a brand new piece, I would assume I could get at least a 20% discount from the grey market.

Please correct me if my assumption here is wrong.

Thank you!

[stockae92]

Good question. Depends on the situation maybe.

But my AD won't even discount Casio G-Shock for me cause they know I am waiting on Rolexes on them ... LOL

[fatcows7]

Originally Posted by stockae92

Good question. Depends on the situation maybe.

But my AD won't even discount Casio G-Shock for me cause they know I am waiting on Rolexes on them ... LOL

Lol that's tough ....

[Tools]

An AD has the MSRP to work with, either discounting, or adding up for in demand models.

The used/secondary market is not the Grey Market. Their "discount" depends on how much they have into the item for sale. You aren't going to get 40% off if they have more than that in the watch to get it ready for sale.

The actual Grey Market (new, imported) again are not authorized sales outlets, so they have to factor in their cost and what they expect to make. If they paid a premium to get in hot models, they you pay that premium plus their profit. If the bottom has fallen out, they made a bad business decision and may need to offload pieces at reduced pricing to find capital.

There is no set discount to expect, especially in a volatile marketplace.

[fatcows7]

Originally Posted by Tools

An AD has the MSRP to work with, either discounting, or adding up for in demand models.

The used/secondary market is not the Grey Market. Their "discount" depends on how much they have into the item for sale. You aren't going to get 40% off if they have more than that in the watch to get it ready for sale.

The actual Grey Market (new, imported) again are not authorized sales outlets, so they have to factor in their cost and what they expect to make. If they paid a premium to get in hot models, they you pay that premium plus their profit. If the bottom has fallen out, they made a bad business decision and may need to offload pieces at reduced pricing to find capital.

There is no set discount to expect, especially in a volatile marketplace.

Thanks for the color!

[Bmats]

Maybe some people do that well, but I’ve never gotten 20% on a non Rolex watch. I have gotten smaller ones (and other free stuff) on non Rolex pieces. Some limited pieces the AD can only get a couple so those are harder to get a discount — unless no one wants it but you, then sure.

[RyanJ]

It depends on the AD. If the AD sells Rolex along with other brands they may be riding high on Rolex sales and not offer anything. Other ADs also think they an get away with not providing discounts.

Today - I was offered a 23% discount on a $9700 watch from a local place.

Second AD (out of state) offered a 20% discount.

So it can happen but it also depends on the brand. These discounts were not on Rolex obviously. :)

[fatcows7]

Sorry guys and gals - I was talking about the grey market not with ADs. ADs max I'd expect is 10%.

Just don't understand why there are some unrealistic price expectations out there. Or maybe I'm the one that's too unrealistic.

[Gab27]

IMHO, I would think that a discount it is highly dependent on a lot of factors and could be impacted by things such as:

• how much they have in the watch and their overhead
• the desirability of the specific model/how fast they feel they can move it
• how long they have had it in stock
• whether you are purchasing anything else/they believe you will purchase more in the future
• whether they have more than one of the models you want in stock
• how much similar stock they have/how much similar stock is on order
• your payment method
• how much they want to make the sale in that particular moment (e.g., if they have debt that is due/payments they need to make vendors/new orders to pay for/etc.)
• what the business considers to be an acceptable profit margin

Because of this, I do not think there is necessarily a standard rule of thumb.

[fatcows7]

Originally Posted by Gab27

IMHO, I would think that a discount it is highly dependent on a lot of factors and could be impacted by things such as:

• how much they have in the watch and their overhead
• the desirability of the specific model/how fast they feel they can move it
• how long they have had it in stock
• whether you are purchasing anything else/they believe you will purchase more in the future
• whether they have more than one of the models you want in stock
• how much similar stock they have/how much similar stock is on order
• your payment method
• how much they want to make the sale in that particular moment (e.g., if they have debt that is due/payments they need to make vendors/new orders to pay for/etc.)
• what the business considers to be an acceptable profit margin

Because of this, I do not think there is necessarily a standard rule of thumb.

Good colour.