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APPRF · 6 July 2019, 07:51 PM

Does Rolex even care about a Rolex AD selling to known flippers, and asking grey market price for popular models. I see threads here saying Rolex doesn't allow ADs to sell over MSRP. From experience I know at least 2 ADs who do (Was offered 2 models for grey market price, and was told by a salesperson that they don't care if the buyer was a known flipper. Is there anything we as customers can do? will Rolex listen if we complain?

Xtralarg · 6 July 2019, 08:03 PM

AD's would loose their status for such selling above MRSP if Rolex have evidence of the same.

uddind · 6 July 2019, 08:04 PM

Record the incident and report it to rolex. Shameful act tbh. Genuine buyers being put on the back burner with the higher prices on the grey.

joli160 · 6 July 2019, 08:10 PM

Of course they don’t care, they are in the business of selling watches and that’s what grey sellers do including the difficult models. Why would Rolex be bothered by some who feel entitled to but a watch below it,s market value ?

APPRF · 6 July 2019, 08:14 PM

Quote:

Originally Posted by joli160

Of course they don’t care, they are in the business of selling watches and that’s what grey sellers do including the difficult models. Why would Rolex be bothered by some who feel entitled to but a watch below it,s market value ?

I'm talking about Authorised Rolex Dealers selling way over MSRP, at prices at or a little below Greys market price. I read here that Rolex doesn't allow it.

APPRF · 6 July 2019, 08:18 PM

An AD selling at MSRP is already getting 35% to 45% profit, or even more in some cases.

Tools · 7 July 2019, 01:21 AM

Quote:

Originally Posted by APPRF

I'm talking about Authorised Rolex Dealers selling way over MSRP, at prices at or a little below Greys market price. I read here that Rolex doesn't allow it.

I don't know why this keeps coming up...

An AD can definitely sell a Rolex above MSRP. MSRP is not a mandatory price for any product, it is a Manufacturers Suggested Retail Price. If they can discount, they can raise stickers too; it works both ways.

Last year they did send Singapore Dealers a letter asking them to reduce their exorbitant pricing policies, and they also started putting market area MSRP on the website. All of that still doesn't make it a law.

Jamie1111 · 6 July 2019, 10:09 PM

Quote:

Originally Posted by joli160

Of course they don’t care, they are in the business of selling watches and that’s what grey sellers do including the difficult models. Why would Rolex be bothered by some who feel entitled to but a watch below it,s market value ?

Rolex do care and do not allow it, AD proved doing this are shut down...

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Quamby · 7 July 2019, 12:23 PM

Quote:

Originally Posted by Jamie1111

Rolex do care and do not allow it, AD proved doing this are shut down...

Sent from my iPhone using Tapatalk

Rolex will only shut down the offending ADs they want to shut down. Some favoured ADs get away with a reprimand and have to put in place improved internal controls. In one instance about 20 years ago, a Hongkong AD chain was fined by Rolex (so I'm told).

tng11 · 7 July 2019, 12:26 PM

Quote:

Originally Posted by Quamby

Rolex will only shut down the offending ADs they want to shut down. Some favoured ADs get away with a reprimand and have to put in place improved internal controls. In one instance about 20 years ago, a Hongkong AD chain was fined by Rolex (so I'm told).

Consistent with what I've heard. A local AD has a lot of its watches appear on the grey market, recently dated with full stickers still attached. Nothing happens to them, as they are one of the largest and most influential ADs in the area, while other ADs in the region were reprimanded for having their watches appear on the grey market.

Dsmith1974 · 6 July 2019, 08:17 PM

Would make some sense. Let the ADs list POA on everything and re-stock the cabinets.

AK797 · 6 July 2019, 09:24 PM

Where is this? Some countries have free rein, some don't.

Alpino · 6 July 2019, 09:28 PM

Quote:

Originally Posted by APPRF

... I know at least 2 ADs who do (Was offered 2 models for grey market price, ...

Start giving the name and adress of those 2 ADs ... Rolex HQ will soon be aware of this and take appropriate action ...

SMD · 7 July 2019, 12:55 AM

Quote:

Originally Posted by Alpino

Start giving the name and adress of those 2 ADs ... Rolex HQ will soon be aware of this and take appropriate action ...

In the US, Haltoms.

jpjsavage · 6 July 2019, 09:39 PM

Are you sure they are brand new watches?

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APPRF · 6 July 2019, 10:03 PM

Quote:

Originally Posted by jpjsavage

Are you sure they are brand new watches?

Sent from my LG-H870DS using Tapatalk

100%. I heard rumors, and didn’t believe them, but when I dealt with them first hand it was just unbelievable what’s going on. The strange thing they don’t care if someone contacts Rolex and complains.

jpjsavage · 6 July 2019, 10:04 PM

In the UK?

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APPRF · 6 July 2019, 10:08 PM

Quote:

Originally Posted by jpjsavage

In the UK?

Sent from my LG-H870DS using Tapatalk

Nope. I don’t think this happens in the UK. Most if not all are very respectable.

Luap1976 · 7 July 2019, 10:27 PM

Quote:

Originally Posted by jpjsavage

In the UK?

Sent from my LG-H870DS using Tapatalk

That would be illegal

excelerater · 6 July 2019, 10:07 PM

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

McLovin · 7 July 2019, 01:10 AM

Quote:

Originally Posted by excelerater

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

Calatrava r · 7 July 2019, 01:16 AM

Quote:

Originally Posted by excelerater

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

Do used car dealers, lawyers and real estate sales people sell to gray market dealers?

Littletommy · 7 July 2019, 01:46 AM

Quote:

Originally Posted by excelerater

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

Hey...be nice now!

Watch This · 7 July 2019, 07:17 AM

Quote:

Originally Posted by excelerater

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

Uh...no

Malibuboy · 7 July 2019, 10:35 AM

Quote:

Originally Posted by excelerater

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

Wowzers.

Muxi · 7 July 2019, 11:17 AM

Quote:

Originally Posted by excelerater

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

Whoa! That’s uncalled for.

Bladeshot · 7 July 2019, 12:34 PM

Quote:

Originally Posted by excelerater

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

No, no, no.... we don’t bash like that, here. Those are professions. If you don’t like ADs, fine but don’t compare to others in a negative way.

Quamby · 7 July 2019, 12:40 PM

Quote:

Originally Posted by Bladeshot

No, no, no.... we don’t bash like that, here. Those are professions. If you don’t like ADs, fine but don’t compare to others in a negative way.

I think the frustration has reached the boiling point in many instances, which is understandable.

Bladeshot · 7 July 2019, 12:47 PM

Quote:

Originally Posted by Quamby

I think the frustration has reached the boiling point in many instances, which is understandable.

Yep. I understand it’s frustrating. I’d hate to see this guy get dinged by the mods, or banned if he went further. A couple of LOL emojis would have helped, if he was kidding.

We all have our hot buttons. But I use the pause button a lot, and it keeps me out of trouble.

GB-man · 7 July 2019, 03:39 PM

Quote:

Originally Posted by excelerater

Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

You seem like a fun guy

6 July 2019, 07:51 PM	#1
APPRF "TRF" Member Join Date: May 2019 Location: Here Posts: 1,480	Rolex AD's turning into Greys Does Rolex even care about a Rolex AD selling to known flippers, and asking grey market price for popular models. I see threads here saying Rolex doesn't allow ADs to sell over MSRP. From experience I know at least 2 ADs who do (Was offered 2 models for grey market price, and was told by a salesperson that they don't care if the buyer was a known flipper. Is there anything we as customers can do? will Rolex listen if we complain?

6 July 2019, 08:10 PM	#4
joli160 2024 SubLV41 Pledge Member Join Date: Apr 2013 Location: NL Watch: Yachtmaster Posts: 14,757	Of course they don’t care, they are in the business of selling watches and that’s what grey sellers do including the difficult models. Why would Rolex be bothered by some who feel entitled to but a watch below it,s market value ? __________________ Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711.

6 July 2019, 08:03 PM	#2
Xtralarg "TRF" Member Join Date: Dec 2018 Location: London/Dubai Posts: 713	AD's would loose their status for such selling above MRSP if Rolex have evidence of the same.

6 July 2019, 08:04 PM	#3
uddind Banned Join Date: Apr 2013 Location: L Posts: 76	Record the incident and report it to rolex. Shameful act tbh. Genuine buyers being put on the back burner with the higher prices on the grey.

6 July 2019, 08:18 PM	#6
APPRF "TRF" Member Join Date: May 2019 Location: Here Posts: 1,480	An AD selling at MSRP is already getting 35% to 45% profit, or even more in some cases.

6 July 2019, 08:17 PM	#11
Dsmith1974 "TRF" Member Join Date: Sep 2018 Real Name: Duncan Location: London Watch: DD 40 Posts: 2,263	Would make some sense. Let the ADs list POA on everything and re-stock the cabinets.

6 July 2019, 09:24 PM	#12
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	Where is this? Some countries have free rein, some don't.

6 July 2019, 09:39 PM	#15
jpjsavage "TRF" Member Join Date: Jun 2011 Location: Manchester Posts: 199	Are you sure they are brand new watches? Sent from my LG-H870DS using Tapatalk

6 July 2019, 10:04 PM	#17
jpjsavage "TRF" Member Join Date: Jun 2011 Location: Manchester Posts: 199	In the UK? Sent from my LG-H870DS using Tapatalk

6 July 2019, 10:07 PM	#20
excelerater "TRF" Member Join Date: Mar 2019 Location: NY/TN Posts: 57	Scum of the earth any AD that sells to Graymarket dealers IMO.. Right up there with used car dealers,lawyers and real estate sales people

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