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Old 30 December 2008, 01:52 PM   #1
Ruff
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Is 10% a good discount or should I try to get more?

Is 10% a good discount for models like the DSSD, GMTIIc, and the GV or should I try to get more. The AD wouldn't get off MSRP before the holidays, but now is willing to give me 10%.
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Old 30 December 2008, 01:55 PM   #2
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Is 10% a good discount for models like the DSSD, GMTIIc, and the GV or should I try to get more. The AD wouldn't get off MSRP before the holidays, but now is willing to give me 10%.
I suggest you give it more time.

Wait for April 2009 to go watch shopping. 10% too low. I believe 20% is attainable by April.
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Old 30 December 2008, 02:02 PM   #3
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Agreed.....the prices are good now and will be fantastic soon.
All the prices will de-value due to the supply/demand curve and if you have cash, it's "Let's make a deal"!!!! with Monty Hall.
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Old 30 December 2008, 02:04 PM   #4
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Get it if you're comfortable. Discounts really get bigger as time passes. But if it will make you happy to get it now.. why not? I'm happy when i got my GMT IIc with 5% discount. Goodluck!!
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Old 30 December 2008, 02:04 PM   #5
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My compadres have answered correctly IMHO, but just to be clear, 10% in this market ain't great. If an AD offered me 20% I would probably purchase from them, short of that I would go grey. again JMHO
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Old 30 December 2008, 02:05 PM   #6
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10% is a fair and good discount, especially on the SS sport models. For a TT model or Datejust, you maybe able to swing 15%.
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Old 31 December 2008, 09:19 AM   #7
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10% is a fair and good discount, especially on the SS sport models. For a TT model or Datejust, you maybe able to swing 15%.
Lots of factors are involved. Chain store or "Mom and Pop" AD? The area that you live in also plays a role.

I think Leopard's comment above reflects the "par of the course" reality up until this latest economic downturn. You can read a lot of posts here, but as a general rule I haven't seen bigger discounting at a significant level--yet.

High end GM'ers like AF and SL are always good options but an SS GMT-IIC is only 6% off retail at SL last time I checked.
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Old 30 December 2008, 02:30 PM   #8
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Old 30 December 2008, 02:30 PM   #9
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Old 30 December 2008, 02:35 PM   #10
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get more
I'm assuming you mean more discounts not more watches?
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Old 30 December 2008, 02:28 PM   #11
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Old 30 December 2008, 02:29 PM   #12
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Old 30 December 2008, 02:35 PM   #13
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Time to go grey market if the greedy AD's think they can sell something that no one can afford at this time.

The same watch at a grey market dealer is 30-40% off the AD MSRP.
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Old 30 December 2008, 02:55 PM   #14
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Time to go grey market if the greedy AD's think they can sell something that no one can afford at this time.

The same watch at a grey market dealer is 30-40% off the AD MSRP.
Agreed with the note above. You can find a very reputable grey market dealer and get a new one with the box and papers for at least 30% off. With the run up in Rolex prices in recent years, I say that the grey market is the way to roll back the clock on those recent price increases and get a great price.
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Old 30 December 2008, 03:21 PM   #15
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Originally Posted by CanuckRolex View Post
Time to go grey market if the greedy AD's think they can sell something that no one can afford at this time.

The same watch at a grey market dealer is 30-40% off the AD MSRP.
If the profit margin for the AD is 40% then how can the grey dealer offer
40% off?
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Old 30 December 2008, 03:24 PM   #16
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If the profit margin for the AD is 40% then how can the grey dealer offer
40% off?
good question, I'd like that answer too
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Old 30 December 2008, 04:57 PM   #17
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If the profit margin for the AD is 40% then how can the grey dealer offer
40% off?
Because grey dealers are not forced to buy watches directly from Rolex for Rolex's wholesale prices and therefore can sell for cheaper as well.
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Old 30 December 2008, 06:35 PM   #18
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Because grey dealers are not forced to buy watches directly from Rolex for Rolex's wholesale prices and therefore can sell for cheaper as well.
You think a grey dealer can buy from an AD, cheaper than an AD can buy from Rolex direct? I am confused.
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Old 30 December 2008, 09:32 PM   #19
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Because grey dealers are not forced to buy watches directly from Rolex for Rolex's wholesale prices and therefore can sell for cheaper as well.
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Old 30 December 2008, 09:36 PM   #20
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If you need to get a discount to justify a purchase why buy in the first place.

Nice to get 10% for these models
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Old 30 December 2008, 02:38 PM   #21
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If financially, you're comfortable, then get it. You get to enjoy it, which is priceless. As far as the discount is concerned, if Rolex has another price hike, their typical 10-15% increase on their hot models, even if you get 20% discount, it will put you back at where you are today.
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Old 30 December 2008, 02:55 PM   #22
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Is 10% a good discount for models like the DSSD, GMTIIc, and the GV or should I try to get more. The AD wouldn't get off MSRP before the holidays, but now is willing to give me 10%.
squeeze it to 25% they might give in...
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Old 30 December 2008, 03:15 PM   #23
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squeeze it to 25% they might give in...
Still a rip off compared to a reputable grey market dealer price.
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Old 30 December 2008, 03:50 PM   #24
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squeeze it to 25% they might give in...
25% of a GV at an AD. Dude i dont think so. Tell me, did you get 25% of your Daytona,if so, can i have the name of your AD.
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Old 30 December 2008, 09:31 PM   #25
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Buy when you want to buy. If you wait till April in hope of a further 10% discount you risk the wraith of the dreaded price increase for the beginning of the financial year (here in UK anyway).
Who cares about what you pay so long as you are happy paying that sum. You're not in the flipping business are you? No, exactly. Enjoy your watches my man and don't worry about the next man and his bargain or not bargain watch.
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Old 31 December 2008, 11:01 AM   #26
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Recently was offered a GV from my AD at list, no tax (in Los Angeles, that translates to a 8.25% savings/discount). On the GMT II-c, DSSD, Subs, etc., about 17% discount
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Old 31 December 2008, 06:37 AM   #27
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squeeze it to 25% they might give in...
The OP is talking about a real Rolex, not the ones from Divisoria.
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Old 30 December 2008, 03:02 PM   #28
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If the AD won't go higher % off I would go grey. There are many reliable grey dealers out there or contact TempoKing here and see if he can help you. Good luck.
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Old 30 December 2008, 03:52 PM   #29
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maybe they just want to dump the piece even if it means a slight loss. over predicted the market when buying, need the cash elsewhere, fire sale, the model was not as popular as they guessed.
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Old 30 December 2008, 03:54 PM   #30
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maybe they just want to dump the piece even if it means a slight loss. over predicted the market when buying, need the cash elsewhere, fire sale, the model was not as popular as they guessed.
the GMTIIc, DSSD, and GV, still seem to be pretty popular, not like 6 months ago, but selling for a loss doesn't seem reasonable
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