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chillex · 16 April 2020, 04:40 AM

Could anyone share their experience to deal with ADs in NYC recently? Especially after the store being closed due to COVID-19.

One of the SA recently told me that I need to pay $500 deposit if I want to be on the 'waitlist' not guarantee to purchase. This is first time to be heard, so, I'm just wondering pay deposit to be listed is something normal that NYC ADs do.

Thank you in advance.

Podmornica · 16 April 2020, 05:18 AM

$500 just to be on a waiting list without any guarantee? LoL.

Seems like they are desperate for some cash influx.

I would decline this.

Heady Topper · 16 April 2020, 05:22 AM

I find that ridiculous

NYCWATCHCREW · 16 April 2020, 05:23 AM

Curious what dealer

dmash · 16 April 2020, 05:36 AM

lol is this a serious question?

Exceptional · 16 April 2020, 05:47 AM

If you have your doubts - just do it!

chillex · 16 April 2020, 06:42 AM

Quote:

Originally Posted by robcorbe1

Curious what dealer

Due to TRF rule, I thought I can't disclose the name of AD. Can I disclose it?

chillex · 16 April 2020, 06:42 AM

Quote:

Originally Posted by dmash

lol is this a serious question?

Unfortunately yes, that's what I heard to be listed in their sub 'waitlist'.

foo4rolex · 16 April 2020, 06:44 AM

Quote:

Originally Posted by chillex

Due to TRF rule, I thought I can't disclose the name of AD. Can I disclose it?

Which street and what ave should be enough?!

foo4rolex · 16 April 2020, 06:47 AM

Quote:

Originally Posted by chillex

Unfortunately yes, that's what I heard to be listed in their sub 'waitlist'.

Which watch are you referring to put on the waitlist?

brandrea · 16 April 2020, 06:50 AM

I’d never pay a deposit just to be on a list

bazin · 16 April 2020, 06:58 AM

*****
Never,never and never........!!!

kieselguhr · 16 April 2020, 06:59 AM

sounds like a pyramid scheme

gold&black · 16 April 2020, 07:03 AM

Quote:

Originally Posted by chillex

Could anyone share their experience to deal with ADs in NYC recently? Especially after the store being closed due to COVID-19.

One of the SA recently told me that I need to pay $500 deposit if I want to be on the 'waitlist' not guarantee to purchase. This is first time to be heard, so, I'm just wondering pay deposit to be listed is something normal that NYC ADs do.

Thank you in advance.

NO

garyk · 16 April 2020, 07:07 AM

One of the SA recently told me that I need to pay $500 deposit if I want to be on the 'waitlist' not guarantee to purchase.

Bought 14 Rolex watches over 40 years from 8 different ADs, never heard this one...

lamnyc · 16 April 2020, 07:09 AM

Wonder how many sucker falls for this scheme.

chillex · 16 April 2020, 08:33 AM

Quote:

Originally Posted by foo4rolex

Which street and what ave should be enough?!

This AD located at 5th ave/53rd.

DeepDeep · 16 April 2020, 08:47 AM

Was in London Feb this year and some of the AD had told me that to book a Rolex deposit to be made HOWEVER for now they were not taking any orders for now for Blue SD or Sub as waiting period is very long...LOL

Got my black sub with date within 1 month of booking from AD in Switzerland..

LSA916 · 16 April 2020, 09:55 AM

No watch readily available? Then no money to hand over, deposit or not. Easy as that

Be patient, and find another SA or AD to get what you want.

ALD3396 · 16 April 2020, 10:00 AM

Quote:

Originally Posted by chillex

This AD located at 5th ave/53rd.

Thats weird i live in new york never heard that before and im always in that shop browsing around

Calatrava r · 16 April 2020, 10:02 AM

I guess the ADs can do this to only put real buyers on their waitlists, but there are a lot of threads on the reality of AD waitlists. They may be receiving a lot of inquires now and they are just trying to sort it all out. I see nothing wrong with this practice if there is a full refund if you decide after a reasonable time to leave the list.

lamnyc · 16 April 2020, 10:25 AM

53rd and 5 ave is Rolex Wempe.

Dyim · 16 April 2020, 10:29 AM

If you don't have prior relationship

If you really want the watch

If it is completely refundable

Then I would do it. It is only 500, not like 5000. Shows that you are serious, might help you move up the 'list'.

Fwiw, I never paid a deposit for a watch. But with no prior relationship, why not.

With the economy, lots of people will be saying no when offered.

subtona · 16 April 2020, 10:30 AM

Not new, I did that in 1991 for a zenith Daytona... I’m still waiting.

Griswald · 16 April 2020, 10:32 AM

Um, no...

AF_Rob · 16 April 2020, 01:40 PM

If I was serious and would have it within a reasonable amount of time (<1yr) I would do it. With no guarantee, that's crazy.

Practices like this have really turned me off from ADs.

calh22a · 16 April 2020, 03:12 PM

I would never put $500 to be on a waitlist with no guarantee of delivery. If SA said 6 months, then I’d definitely consider doing it. You have to have some kind of timeframe and guaranteed refund if not delivered within that time frame.

SydR · 16 April 2020, 03:29 PM

When looking for my first Rolex most ADs I called were happy to put me on a list. Only one asked for a deposit, £1,000 at the time, with no guarantees. I declined.

Only ever paid holding deposits when getting the call to say my watch is in and I will be dropping by later in the week to collect.

Rohan1806 · 16 April 2020, 04:03 PM

It's a ridiculous ask from the AD

socalwatchcollector · 16 April 2020, 06:20 PM

That's one of the most asinine things I have ever heard in my life. Tell them to pound sand.

16 April 2020, 04:40 AM	#1
chillex "TRF" Member Join Date: Apr 2020 Location: USA Posts: 38	Deposit for the waitlist? Could anyone share their experience to deal with ADs in NYC recently? Especially after the store being closed due to COVID-19. One of the SA recently told me that I need to pay $500 deposit if I want to be on the 'waitlist' not guarantee to purchase. This is first time to be heard, so, I'm just wondering pay deposit to be listed is something normal that NYC ADs do. Thank you in advance.

16 April 2020, 07:07 AM	#15
garyk 2024 Pledge Member Join Date: Oct 2009 Real Name: Gary Location: USA Watch: Daytona Posts: 11,760	One of the SA recently told me that I need to pay $500 deposit if I want to be on the 'waitlist' not guarantee to purchase. Bought 14 Rolex watches over 40 years from 8 different ADs, never heard this one... __________________

16 April 2020, 10:30 AM	#24
subtona "TRF" Member Join Date: Jan 2011 Real Name: gus Location: East Coast Watch: APK & sometimes Y Posts: 26,602	Not new, I did that in 1991 for a zenith Daytona... I’m still waiting. __________________

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16 April 2020, 05:18 AM	#2
Podmornica Banned Join Date: Aug 2019 Location: EU Posts: 806	$500 just to be on a waiting list without any guarantee? LoL. Seems like they are desperate for some cash influx. I would decline this.

16 April 2020, 05:22 AM	#3
Heady Topper Banned Join Date: Nov 2019 Location: Canada Posts: 321	I find that ridiculous

16 April 2020, 05:23 AM	#4
NYCWATCHCREW "TRF" Member Join Date: Dec 2017 Real Name: Robert Location: Long Island NY Watch: The Hulk Posts: 823	Curious what dealer

16 April 2020, 05:36 AM	#5
dmash Member Join Date: Feb 2017 Location: USA <> BKK Posts: 6,160	lol is this a serious question?

16 April 2020, 05:47 AM	#6
Exceptional Banned Join Date: Apr 2020 Location: UK Posts: 84	If you have your doubts - just do it!

16 April 2020, 06:50 AM	#11
brandrea 2024 SubLV41 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 78,136	I’d never pay a deposit just to be on a list

16 April 2020, 06:58 AM	#12
bazin "TRF" Member Join Date: Apr 2011 Location: N/A Posts: 271	***** Never,never and never........!!!

16 April 2020, 06:59 AM	#13
kieselguhr "TRF" Member Join Date: May 2013 Real Name: Nick Location: Las Vegas Watch: 1601 Posts: 10,623	sounds like a pyramid scheme

16 April 2020, 07:09 AM	#16
lamnyc "TRF" Member Join Date: Dec 2008 Location: nyc Posts: 1,764	Wonder how many sucker falls for this scheme.

16 April 2020, 08:47 AM	#18
DeepDeep "TRF" Member Join Date: Mar 2020 Location: Suisse Posts: 14	Was in London Feb this year and some of the AD had told me that to book a Rolex deposit to be made HOWEVER for now they were not taking any orders for now for Blue SD or Sub as waiting period is very long...LOL Got my black sub with date within 1 month of booking from AD in Switzerland..

16 April 2020, 09:55 AM	#19
LSA916 "TRF" Member Join Date: Aug 2019 Location: CA Watch: Rolex/Omega Posts: 32	No watch readily available? Then no money to hand over, deposit or not. Easy as that Be patient, and find another SA or AD to get what you want.

16 April 2020, 10:02 AM	#21
Calatrava r 2024 SubLV41 Pledge Member Join Date: Mar 2017 Location: United States Watch: Rolex and Patek Posts: 11,431	I guess the ADs can do this to only put real buyers on their waitlists, but there are a lot of threads on the reality of AD waitlists. They may be receiving a lot of inquires now and they are just trying to sort it all out. I see nothing wrong with this practice if there is a full refund if you decide after a reasonable time to leave the list.

16 April 2020, 10:25 AM	#22
lamnyc "TRF" Member Join Date: Dec 2008 Location: nyc Posts: 1,764	53rd and 5 ave is Rolex Wempe.

16 April 2020, 10:29 AM	#23
Dyim "TRF" Member Join Date: Oct 2014 Location: Canada Posts: 2,237	If you don't have prior relationship If you really want the watch If it is completely refundable Then I would do it. It is only 500, not like 5000. Shows that you are serious, might help you move up the 'list'. Fwiw, I never paid a deposit for a watch. But with no prior relationship, why not. With the economy, lots of people will be saying no when offered.

16 April 2020, 10:32 AM	#25
Griswald "TRF" Member Join Date: Nov 2014 Location: Way out there... Posts: 368	Um, no...

16 April 2020, 01:40 PM	#26
AF_Rob "TRF" Member Join Date: May 2012 Real Name: Rob Location: Virginia Watch: Sub/Polar/OP/BB Posts: 4,675	If I was serious and would have it within a reasonable amount of time (<1yr) I would do it. With no guarantee, that's crazy. Practices like this have really turned me off from ADs.

16 April 2020, 03:12 PM	#27
calh22a Banned Join Date: Sep 2018 Location: California Posts: 802	I would never put $500 to be on a waitlist with no guarantee of delivery. If SA said 6 months, then I’d definitely consider doing it. You have to have some kind of timeframe and guaranteed refund if not delivered within that time frame.

16 April 2020, 03:29 PM	#28
SydR "TRF" Member Join Date: Oct 2019 Location: United Kingdom Posts: 338	When looking for my first Rolex most ADs I called were happy to put me on a list. Only one asked for a deposit, £1,000 at the time, with no guarantees. I declined. Only ever paid holding deposits when getting the call to say my watch is in and I will be dropping by later in the week to collect.

16 April 2020, 04:03 PM	#29
Rohan1806 "TRF" Member Join Date: Mar 2020 Location: Mumbai, India Posts: 862	It's a ridiculous ask from the AD

16 April 2020, 06:20 PM	#30
socalwatchcollector "TRF" Member Join Date: Nov 2013 Real Name: John Location: newport beach Watch: Pateks Plural Posts: 1,620	That's one of the most asinine things I have ever heard in my life. Tell them to pound sand.

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