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Old 4 April 2010, 02:07 PM   #1
caveatesq
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$15,900 for a used SS Daytona!?!?!?

Hit Tourneau on 57th St in NYC this afternoon. They had several newer "pre-owned" stainless Daytona and have the audacity to mark them at $15,900. I highlighted to the snooty sales woman that their asking price was nearly $6k over list for a new one. She assured me that the watch would sell quickly at that price. I laughed and wished her luck. Who would ever?
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Old 4 April 2010, 02:09 PM   #2
kyle L
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Unless it had the Patrizzi dial, I'd have to say they're nuts. You could purchase a brand new one for that price, but I just don't get how they create their prices over at Tourneau.
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Old 4 April 2010, 02:14 PM   #3
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Don't Daytonas sell for over MSRP anyway?
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Old 4 April 2010, 06:01 PM   #4
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Patrizzi Daytona is NICE but

Quote:
Originally Posted by kyle L View Post
Unless it had the Patrizzi dial, I'd have to say they're nuts. You could purchase a brand new one for that price, but I just don't get how they create their prices over at Tourneau.
I would not touch a Zenith Patrizzi Daytona unless it has serial number that starts with S,N,W, or T ( not even U ) and has a complete set with original paper stating that the watch came with BLACK DIAL. Without paper, there's no way to know. The RSC service paper does not tell you what dial it originally came with. I've seen lots of these so called Patrizzi Daytonas offered by unscrupulous sellers( without papers of course ) in the past 2 years. All had the Rolex replacement black dials (which are not subjected to color change like the original black dials ) "painted" or "smoked" by cigars to create the Patrizzi effect.
Be real careful people.
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Old 4 April 2010, 02:15 PM   #5
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I wouldn't pay anything over $10k for it...
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Old 4 April 2010, 02:50 PM   #6
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I wouldn't pay anything over $10k for it...
X2.
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Old 5 April 2010, 07:32 AM   #7
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I wouldn't pay anything over $10k for it...
Absolutely - new ones aren't much more.
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Old 4 April 2010, 02:18 PM   #8
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Quote:
Originally Posted by caveatesq View Post
Hit Tourneau on 57th St in NYC this afternoon. They had several newer "pre-owned" stainless Daytona and have the audacity to mark them at $15,900. I highlighted to the snooty sales woman that their asking price was nearly $6k over list for a new one. She assured me that the watch would sell quickly at that price. I laughed and wished her luck. Who would ever?

__________________________________________________ _______________

The same people that pay over $1,000,000.00 for a small one-bedroom apartment, $400 for a steak dinner, $15 for a movie...etc.
There is a lot of money in New York City and if someone wants it bad enough, the extra money is nothing, some of the folks in NYC make that money in minutes. I don't like Tourneu that much but they know what they are doing, their clientele and how much they will pay. I have told the story when I was looking at the GV Milgaus and before I could even put it back on the tray to "decide" someone came in asked for "that green Rolex" and had the credit card on the counter.

There is no need to laugh at her, just walk out and don't buy it. I will bet that it is gone tomorrow or the next day...also, that is their asking price, if you were serious about it and offered a reasonable amount, I am sure they would have negotiated. But telling her how wrong she is, likely not the best way to get a discount - neither is pointing out how much over retail it was.

Just curious for all the people that love to do that to Rolex dealers, do you go to the local Chevrolet dealer each Saturday and point out that they are charging a premium, above sticker for the new Camaro because they are the new "it" car?!

-Pete
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Old 4 April 2010, 03:35 PM   #9
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Originally Posted by PeteNYC13 View Post
There is no need to laugh at her, just walk out and don't buy it. I will bet that it is gone tomorrow or the next day...also, that is their asking price, if you were serious about it and offered a reasonable amount, I am sure they would have negotiated. But telling her how wrong she is, likely not the best way to get a discount - neither is pointing out how much over retail it was.

Just curious for all the people that love to do that to Rolex dealers, do you go to the local Chevrolet dealer each Saturday and point out that they are charging a premium, above sticker for the new Camaro because they are the new "it" car?!

-Pete
No one likes to do that to ADs who are fair to customers, Torneau isn't.

And, the OP was not looking to buy it so he could care less about being "nice" to the associate for a discount that he's not interested with.

I would do the same to a Camaro dealer.
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Old 5 April 2010, 12:56 AM   #10
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No one likes to do that to ADs who are fair to customers, Torneau isn't.

And, the OP was not looking to buy it so he could care less about being "nice" to the associate for a discount that he's not interested with.

I would do the same to a Camaro dealer.
__________________________________________________ _____________

How is Torneu not being fair?! It's supply and demand, if nobody buys their watches, they can't afford to keep their stores open - let alone be the "largest watch store in the world".
Is it fair for the building owner in NYC to charge $2,700.00 for a studio apartment? I know from my life experience, it's a lot to pay but if you want that apartment, that watch, that dinner, you pay...and in New York City, if you don't pay, there are 1000 people lined up behind you to pay.

Spend a day on the NY Subway and tell me why you pay good money to ride in a stinky subway, full of trash?! lol - that's more over priced that a Used SS Daytona.

As you said, the OP wasn't even "buying", it sounds like he was looking...that's fine, but don't lecture the sales associate on how much she is charging - I am sure she couldn't care less what the 150th person of the day who came in to ask about the SS Daytona had to say about the price. All she cares about is the one that says, "I'll take it, here is my Credit Card".

-Pete
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Old 5 April 2010, 01:26 AM   #11
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Originally Posted by PeteNYC13 View Post
__________________________________________________ _____________

How is Torneu not being fair?! It's supply and demand, if nobody buys their watches, they can't afford to keep their stores open - let alone be the "largest watch store in the world".
Is it fair for the building owner in NYC to charge $2,700.00 for a studio apartment? I know from my life experience, it's a lot to pay but if you want that apartment, that watch, that dinner, you pay...and in New York City, if you don't pay, there are 1000 people lined up behind you to pay.

Spend a day on the NY Subway and tell me why you pay good money to ride in a stinky subway, full of trash?! lol - that's more over priced that a Used SS Daytona.

As you said, the OP wasn't even "buying", it sounds like he was looking...that's fine, but don't lecture the sales associate on how much she is charging - I am sure she couldn't care less what the 150th person of the day who came in to ask about the SS Daytona had to say about the price. All she cares about is the one that says, "I'll take it, here is my Credit Card".

-Pete
I was looking to buy but the saleswoman was a real turn off - no way I was going to give her a commission. The same watch was at a gray dealer on 47th for $5k less. Guess that big fancy store and gimicky interest free financing have their cost.

I should also note that the watch was essentially brand new but in the pre-owned cases. If I didn't know better, I would think that Tourneau was selling their new Daytonas as used to earn an extra buck.
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Old 5 April 2010, 01:33 AM   #12
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I should also note that the watch was essentially brand new but in the pre-owned cases.
I dont know if they are an authorized dealer or not, but if they are they have to sell an overpriced Daytona as not new.... AD's are only supposed to sell new at msrp.
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Old 5 April 2010, 01:35 AM   #13
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Quote:
Originally Posted by caveatesq View Post
I was looking to buy but the saleswoman was a real turn off - no way I was going to give her a commission. The same watch was at a gray dealer on 47th for $5k less. Guess that big fancy store and gimicky interest free financing have their cost.

I should also note that the watch was essentially brand new but in the pre-owned cases. If I didn't know better, I would think that Tourneau was selling their new Daytonas as used to earn an extra buck.
__________________________________________________ _____________

Did you buy it?!

I am pretty sure they would no longer be the "largest watch store in the world", if they did this blatently.

More likely, lot's of trade-ins from people that thought they could afford it and then found out what their Taxes look like this year and needed cash! lol

-Pete
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Old 5 April 2010, 11:05 AM   #14
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Quote:
Originally Posted by caveatesq View Post
I was looking to buy but the saleswoman was a real turn off - no way I was going to give her a commission. The same watch was at a gray dealer on 47th for $5k less. Guess that big fancy store and gimicky interest free financing have their cost.

I should also note that the watch was essentially brand new but in the pre-owned cases. If I didn't know better, I would think that Tourneau was selling their new Daytonas as used to earn an extra buck.
It could very well be a "new" watch that someone bought and changed their mind or ended up trading in.

Also, some people find it more appealing to buy a used watch from Tourneau (w/ 2 year warranty) instead of saving a few bucks on 47th
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Old 5 April 2010, 01:51 AM   #15
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Originally Posted by PeteNYC13 View Post
__________________________________________________ _____________

How is Torneu not being fair?! It's supply and demand, if nobody buys their watches, they can't afford to keep their stores open - let alone be the "largest watch store in the world".
Is it fair for the building owner in NYC to charge $2,700.00 for a studio apartment? I know from my life experience, it's a lot to pay but if you want that apartment, that watch, that dinner, you pay...and in New York City, if you don't pay, there are 1000 people lined up behind you to pay.

Spend a day on the NY Subway and tell me why you pay good money to ride in a stinky subway, full of trash?! lol - that's more over priced that a Used SS Daytona.

As you said, the OP wasn't even "buying", it sounds like he was looking...that's fine, but don't lecture the sales associate on how much she is charging - I am sure she couldn't care less what the 150th person of the day who came in to ask about the SS Daytona had to say about the price. All she cares about is the one that says, "I'll take it, here is my Credit Card".

-Pete
Great points, Pete! Went to dinner at Peter Luger's in Brooklyn last week...the tab for 2 people (With a nice bottle of wine) came to just under $300 ($375 after tip).....The prices in the NYC area are higher, but like you said, there are people willing to pay... also-lecturing a sales associate on the COMPANY'S pricing structure? Seriously?
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Old 5 April 2010, 01:56 AM   #16
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Great points, Pete! Went to dinner at Peter Luger's in Brooklyn last week...the tab for 2 people (With a nice bottle of wine) came to just under $300 ($375 after tip).....The prices in the NYC area are higher, but like you said, there are people willing to pay... also-lecturing a sales associate on the COMPANY'S pricing structure? Seriously?
__________________________________________________ ___________

You didn't tell the waiter that you can buy a year's supply of Omaha Steak's on the internet for that price?!

By the way... Peter Lugers is perfect example of paying for some "hype". It's a great steak but I think there are better steaks to be had in NYC with less hassle of cash only and having to go to Williamsburg...but, they have the BEST reputation and every client that has come to NY and wanted a good steak has wanted Luger's, price be dammed! lol You pay a premium for the experience.

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Old 5 April 2010, 03:09 AM   #17
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Great points, Pete! Went to dinner at Peter Luger's in Brooklyn last week...the tab for 2 people (With a nice bottle of wine) came to just under $300 ($375 after tip).....The prices in the NYC area are higher, but like you said, there are people willing to pay... also-lecturing a sales associate on the COMPANY'S pricing structure? Seriously?
I have to disagree with your analogy. I agree that a dinner a Peter Lugers is expensive but you are paying for more than the steak and wine - you are also getting the service and dining experience. The Daytona is purely a commodity and whether I buy it at Tourneau or at a gray Internet site, it's the same watch - but I am sure that the buying experience on the web would be a better one than at Tourneau.

Also I never lectured the sales associate. I merely noted that the price was far in excess of msrp and wished her luck with the sale. I understand that prices in NYC are higher than elsewhere as I have lived in the NYC metro area my entire life . . . And like most New Yorkers I am not a sucker and don't enjoy a rip off. I'll save that joy for the throngs of tourists.
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Old 5 April 2010, 02:05 AM   #18
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My white face that ive just sold (pending payment) was a bargain then...maybe I should have sold it to that mob haha
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Old 5 April 2010, 02:06 AM   #19
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My white face that ive just sold (pending payment) was a bargain then...maybe I should have sold it to that mob haha
Aw, Your Daytona's gone? Say it isn't so!
Did you get $15,900+ USD for it?
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Old 5 April 2010, 05:44 AM   #20
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__________________________________________________ _____________

How is Torneu not being fair?! It's supply and demand, if nobody buys their watches, they can't afford to keep their stores open - let alone be the "largest watch store in the world".
Is it fair for the building owner in NYC to charge $2,700.00 for a studio apartment? I know from my life experience, it's a lot to pay but if you want that apartment, that watch, that dinner, you pay...and in New York City, if you don't pay, there are 1000 people lined up behind you to pay.

Spend a day on the NY Subway and tell me why you pay good money to ride in a stinky subway, full of trash?! lol - that's more over priced that a Used SS Daytona.

As you said, the OP wasn't even "buying", it sounds like he was looking...that's fine, but don't lecture the sales associate on how much she is charging - I am sure she couldn't care less what the 150th person of the day who came in to ask about the SS Daytona had to say about the price. All she cares about is the one that says, "I'll take it, here is my Credit Card".

-Pete
A NYC apartment is intrinsically worth more than an apt in the boonies. A SS Daytona bought from a NYC dealer is NOT instrinsically worth more than a SS Daytona bought from the boonies.

So your logic doesn't make any sense.

And you may argue that Torneau pays a lot more for their space than the AD in suburbia - yes, that's true. But the sheer volume of sales will offset that. You don't NEED to raise prices 50% to cover that.

And you can lecture the saleslady, she represents the company. Nothing personal, it's all business.
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Old 5 April 2010, 05:59 AM   #21
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A NYC apartment is intrinsically worth more than an apt in the boonies. A SS Daytona bought from a NYC dealer is NOT instrinsically worth more than a SS Daytona bought from the boonies.

So your logic doesn't make any sense.

And you may argue that Torneau pays a lot more for their space than the AD in suburbia - yes, that's true. But the sheer volume of sales will offset that. You don't NEED to raise prices 50% to cover that.

And you can lecture the saleslady, she represents the company. Nothing personal, it's all business.
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But a one bedroom is a one bedroom...there is no more space, no special features, it's extra value is based only on what people will pay - and do.

I think it's not perfect but it's in the same area as what we are discussing.

-Pete
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Old 5 April 2010, 04:27 AM   #22
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I would do the same to a Camaro dealer.
So would I, and twice on Sunday. I loathe profiteering.
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Old 5 April 2010, 04:39 AM   #23
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So would I, and twice on Sunday. I loathe profiteering.
Supply and demand pure and simple. When the demand drops off as it has started to do, so will the dealers start to lower their selling price. No one is forcing you to buy it !
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Old 4 April 2010, 10:43 PM   #24
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Just curious for all the people that love to do that to Rolex dealers, do you go to the local Chevrolet dealer each Saturday and point out that they are charging a premium, above sticker for the new Camaro because they are the new "it" car?!

-Pete
Heck, I sneer at prices at childrens lemonade stands and church bake sales!
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Old 5 April 2010, 12:58 AM   #25
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Heck, I sneer at prices at childrens lemonade stands and church bake sales!
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I just report them to the IRS!

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Old 4 April 2010, 10:51 PM   #26
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Just curious for all the people that love to do that to Rolex dealers, do you go to the local Chevrolet dealer each Saturday and point out that they are charging a premium, above sticker for the new Camaro because they are the new "it" car?!
Yes...
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Old 5 April 2010, 03:10 AM   #27
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The same people that pay over $1,000,000.00 for a small one-bedroom apartment, $400 for a steak dinner, $15 for a movie...etc.
There is a lot of money in New York City and if someone wants it bad enough, the extra money is nothing, some of the folks in NYC make that money in minutes. I don't like Tourneu that much but they know what they are doing, their clientele and how much they will pay. I have told the story when I was looking at the GV Milgaus and before I could even put it back on the tray to "decide" someone came in asked for "that green Rolex" and had the credit card on the counter.

There is no need to laugh at her, just walk out and don't buy it. I will bet that it is gone tomorrow or the next day...also, that is their asking price, if you were serious about it and offered a reasonable amount, I am sure they would have negotiated. But telling her how wrong she is, likely not the best way to get a discount - neither is pointing out how much over retail it was.

Just curious for all the people that love to do that to Rolex dealers, do you go to the local Chevrolet dealer each Saturday and point out that they are charging a premium, above sticker for the new Camaro because they are the new "it" car?!

-Pete

+1, well said!
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Old 4 April 2010, 02:42 PM   #28
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Are we sure it was the current model and not a Pre-2000 Zenith. They might command that.
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Old 4 April 2010, 11:04 PM   #29
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Are we sure it was the current model and not a Pre-2000 Zenith. They might command that.
It was a current V series.
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Old 4 April 2010, 02:53 PM   #30
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Same at my local Tourneau and it's a thin hands model. Crazy!
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