The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Old 3 September 2018, 01:53 AM   #1
AdrianQ
"TRF" Member
 
Join Date: Oct 2016
Location: Texas
Posts: 72
Icon15 Put a deposit for a Hulk submariner

I put a 30% deposit at my local AD yesterday. They’re quoting me a wait time of 6-8 months. Did I make the right decision of putting a deposit?
AdrianQ is offline  
Old 3 September 2018, 01:56 AM   #2
jrs146
"TRF" Member
 
jrs146's Avatar
 
Join Date: Aug 2011
Real Name: Josh
Location: Lost in time
Watch: Me Nae Nae
Posts: 9,823
I wouldn’t have. But if it helps secure the watch for you so be it. Good luck!


Sent from my iPhone using Tapatalk
__________________
"Sometimes the songs that we hear are just songs of our own."
-Jerome J. Garcia, Robert C. Hunter
jrs146 is offline  
Old 3 September 2018, 01:56 AM   #3
beshannon
"TRF" Member
 
beshannon's Avatar
 
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
No idea.

What else could you have done with the money over that period of time?
What guarantee do you have regarding the quoted delivery time, if ever?
What is their policy regarding getting your deposit back?

Not for me
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock
beshannon is offline  
Old 3 September 2018, 02:02 AM   #4
AdrianQ
"TRF" Member
 
Join Date: Oct 2016
Location: Texas
Posts: 72
Well putting 30% down really isn’t going to affect my finances in any way. The only reason I did it is because they’re going for over 12k in the grey market. So I thought it was a good investment
AdrianQ is offline  
Old 3 September 2018, 02:04 AM   #5
beshannon
"TRF" Member
 
beshannon's Avatar
 
Join Date: Jun 2009
Real Name: Brian
Location: Northern Virginia
Watch: One of Not Many
Posts: 17,892
Quote:
Originally Posted by AdrianQ View Post
Did I make the right decision of putting a deposit?
Quote:
Originally Posted by AdrianQ View Post
So I thought it was a good investment


What is your expected rate of return on this "investment"?
__________________
IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock
beshannon is offline  
Old 3 September 2018, 02:06 AM   #6
037
2024 Pledge Member
 
037's Avatar
 
Join Date: Feb 2018
Location: USA
Posts: 6,173
Quote:
Originally Posted by AdrianQ View Post
Well putting 30% down really isn’t going to affect my finances in any way. The only reason I did it is because they’re going for over 12k in the grey market. So I thought it was a good investment
As in, you wanted to save $3k over gray prices or you intend to flip it when it arrives and make $3k?
037 is offline  
Old 3 September 2018, 02:06 AM   #7
Largoshark
"TRF" Member
 
Largoshark's Avatar
 
Join Date: Jul 2017
Real Name: Mike
Location: New England
Posts: 1,754
Quote:
Originally Posted by AdrianQ View Post
Well putting 30% down really isn’t going to affect my finances in any way. The only reason I did it is because they’re going for over 12k in the grey market. So I thought it was a good investment
Not the "I" word...Do you actually like the watch?
Largoshark is offline  
Old 3 September 2018, 02:14 AM   #8
rambo99
Banned
 
Join Date: Aug 2018
Location: Tokyo
Watch: SD43,PAM1616,Hulk
Posts: 3,567
i would do it, no questions ask.
rambo99 is offline  
Closed Thread


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

OCWatches

Wrist Aficionado

My Watch LLC

WatchesOff5th

DavidSW Watches

Takuya Watches


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.