Local AD Going Out Of Business

[Sheffield514]

So my local AD is going out of business.. It is a local owner and they decided they wanted to retire. They are liquidating everything in store and everything is on sale per their sign.

Question:

1) Would you buy from an AD going out of business? Could it create any issues with warranty or anything else if I had an issue with watch?

2) With the owner deciding they want to get rid of everything as soon as possible, what kind of discount do you think I should ask for?

Thanks.

[kilyung]

Yes I would. 1) warranty is through Rolex so no matter. 2) Any big discount on popular models is doubtful.

[superstarmar]

Buy with confidence!!!
Discount depends on model , it can vary ...
SS models maybe 5 to 15 %
TT models 15 to 25 %
PM models 25 % plus up to 35 %...
It all depends on how fast they want to liquidate...
Warranty is from Rolex and it follows the watch not the AD...

[rolex75216]

If you are serious about making a purchase it sounds like a good opportunity. I would bring a check with you so you can pull the trigger right away if you see something you like. Good luck!

[GB-man]

No worries about warranty. Unfortunate you’re losing the local AD. Buy away.

[HK Islandboy]

Sounds like this could get expensive. Happy hunting!!

[DJ TT 2002]

Do they take AMEX over the phone???

[hbryant130]

Buy what you want. Sad for AD, but opportunity for you.

[Watchgeek5000]

Location?

[dcash0615]

Originally Posted by Sheffield514

So my local AD is going out of business.. It is a local owner and they decided they wanted to retire. They are liquidating everything in store and everything is on sale per their sign.

Question:

1) Would you buy from an AD going out of business? Could it create any issues with warranty or anything else if I had an issue with watch?

2) With the owner deciding they want to get rid of everything as soon as possible, what kind of discount do you think I should ask for?

Thanks.

What SS models do they have in stock?

[mps354]

Originally Posted by Sheffield514

So my local AD is going out of business.. It is a local owner and they decided they wanted to retire. They are liquidating everything in store and everything is on sale per their sign.

Question:

1) Would you buy from an AD going out of business? Could it create any issues with warranty or anything else if I had an issue with watch?

2) With the owner deciding they want to get rid of everything as soon as possible, what kind of discount do you think I should ask for?

Thanks.

Curious, what location?

[brandrea]

Happy shopping

[Atomic4k]

Sounds like a terrible idea to buy from a Store going out of business....what’s their phone number? Lol j/k Make sure you snag something there’s probably going to be alot of people trying to get a deal before christmas

[Tony64]

I'm guessing your AD won't care whether you leave with the stickers on.

[rolex75216]

Originally Posted by Tony64

I'm guessing your AD won't care whether you leave with the stickers on.

Funny!

[machob55]

Bad news,, what's they number?, I want call and give them a piece of my mind to include my wish list?

Sent from my R1 HD using Tapatalk

[westsideclock]

I remember going to an AD that was going out of business. At the time, I was only a freshman or sophomore in college so I wasn't in the market for a Rolex. However, the prices were crazy and I Should have figuring out a way to get one. All of the Rolexes were 50% off. I ended up buying a Tag that was 75% off.

[tomchicago]

No doubt due to the stainless steel conspiracy!

[Halothane]

Please leave their phone number and current inventory tomorrow for the rest of us after you pick out your timepiece!

[jvmartin]

ADs are technically not supposed to discount their Rolexes without permission... I'm assuming they don't care so its a very good buying opportunity... depending on model, I would push for 30% off MSRP minimum... 35% if you're there with cash in hand

[Egelber]

If I were you I would stay far away. How dare you capitalize on this venture. BTW what's the name of their store????

[pyrostick]

Sounds like the making of a prefect storm, with no down side!

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[Sprta]

Do not get on their wait list!!

[Sheffield514]

Update: They will not ship or take credit cards over phone. They will only sell in house. He said even though they closed their account they still want to follow rules. They were closed today, so I will make trip tomorrow to view their inventory.

[THC]

Originally Posted by Sheffield514

Update: They will not ship or take credit cards over phone. They will only sell in house. He said even though they closed their account they still want to follow rules. They were closed today, so I will make trip tomorrow to view their inventory.

Please take pics and post the clearance items.

[hulkalicious]

he comes back "they have a white daytona..a black one.."

[The_Watch_Clocker]

i don't know anything about retail - but can the AD return the inventory back to Rolex?

[EmilA]

Originally Posted by The_Watch_Clocker

i don't know anything about retail - but can the AD return the inventory back to Rolex?

I was told that all watches belong to Rolex until sold? An AD in the UK was going out of business and I remember they brought a few watches themselves and activated the warranty card and then started to sell the watches at discount to clear them away

[dcash0615]

Originally Posted by EmilA

I was told that all watches belong to Rolex until sold? An AD in the UK was going out of business and I remember they brought a few watches themselves and activated the warranty card and then started to sell the watches at discount to clear them away

It’s my understanding that the AD’s now have net 30 terms with Rolex so all watches they are shipped they own after 30 days.

[function12]

I wonder what tools, displays, or other Rolex stuff they might have packed away over the years.