Would You Take This From The AD?

[onthewaitlist]

Hi everyone,

I've just been offered a Day Date 40mm, champaign dial with roman numeral markers.

I'm thinking about getting this watch to build a relationship with the AD (so I can get closer to my grail of getting the Pepsi GMT *been wanting this since 2018).

What are you guys' thoughts of getting this piece, wear it a for a while (due to the pandemic, there are fewer events that I can wear gold watches to compared to prior) and potentially selling it later?

I'm not familiar with the Day Date market value or as an investment piece... so I'm hoping to get an advice whether this piece will at least hold 85% of its value.

I don't want to be buying a watch that doesn't hold value at this particular time.

Updates: *Should've provided more info. :-)

#1 - The AD quoted me USD34.5K. (There's no tax, and this is an AD I've bought from before)
#2 - DD40 is definitely one watch that I would like to add to my collection, just unsure whether I want champagne dial / black dial.
#3 - I'm definitely not buying this DD to get the GMT. (But it helps, I would like to buy from this AD). I would still really appreciate this DD and would like to wear it.

PS: Been a silent reader for a year now, finally posting first post/thread in this forum.

PSS: I know watches are not supposed to be investment.

[brucethemanlee]

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

[GolfJunkie]

Originally Posted by brucethemanlee

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

My thoughts as well.

Just buy the BLRO on the secondary market if that's the watch you want.

[-Skyfall-]

I agree with the above. If you have the money for a day date just get on DavidSW right now and order your grail watch and don't look back. Because chances are just buying that day date won't guarantee you a pepsi.

That said a yellow gold day date is a boss watch.

[RJRJRJ]

There are some DDs these days that you can flip immediately and not lose much, if anything, but they need to be unworn. The YG/Champagne DD is not one of them.

[Napoleon]

Originally Posted by brucethemanlee

wait a second...

You want to spend $42k after taxes on a gold dd. Hope to get a pepsi (maybe) at msrp in order to avoid paying grey market prices say $9k extra

then sell your recent purchase dd at 85% = losing $6k

so dollar value your ahead by $3k but with no eta or guarantee on pepsi delivery that could take up to year or longer

not sure if $3k savings worth that uncertainty unless you're trying to build history... But you're paying $3k for that history

100%

[tmoy810]

That's a little short sighted no?

Suppose he also wants a cermit or a no date sub?

Getting the 3rd or the 4th watch puts him way ahead.

[jcarm981]

You’ll lose on that with maybe a chance to break even. Greys are selling new for 36-37k and your watch would be used. Maybe you get 33-34k but then you are down 8-9k. If you get the Pepsi net probably even. You’d have to really like it IMO to do this and it sounds like you don’t.

[Goldnlivin]

That day-date won't guarantee you a Pepsi. I'd go grey in a heartbeat. That's where I got mine from. I've purchased a few PM watches from my AD and still no hot steel watches. Save yourself the time and aggravation. AD games are NO fun.

[Captain Lee]

Forget about "relationships". That's absurd when discussing retail transactions. If you want a BLRO, save yourself time and money in the long run and buy a new unworn one with stickers. I did and have zero regrets about that choice and am in fact "up" over $4k from where I started. I don't care though because as you already said watches are not investments. If you have money for a DD...buy the BLRO from a trusted seller and then put the remaining funds in crypto or some other market. Forget this "relationship" you speak of.

[Jack T]

Originally Posted by brucethemanlee

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

These points were running through my head as I read the OP, so I'll conserve the pixels and say "ditto"

[MattyL147]

Originally Posted by brucethemanlee

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

This!

[alonsowwss]

Oh no. Don’t get a watch you don’t even want to get a watch you might not even get.


126334Blue//116710BLNR//116500White//116622Rhodium//Cartier Drive Moonphase//Cartier Santos ADLC

[huncho]

it's not worth it unless you like the day date

if you do like the day date, get it and tell them you want a pepsi with it. then you have an amazing 2 watch collection for life

[onthewaitlist]

Originally Posted by brucethemanlee

wait a second...

you want to spend $42k after taxes on a gold DD. Hope to get a Pepsi (maybe) at MSRP in order to avoid paying grey market prices say $9k extra

Then sell your recent purchase DD at 85% = losing $6k

So dollar value your ahead by $3k but with no ETA or guarantee on Pepsi delivery that could take up to year or longer

Not sure if $3k savings worth that uncertainty unless you're trying to build history... but you're paying $3k for that history

No tax where I am. :-) After conversion - it's about $USD34,500~.

[shaunylw]

I would never do this. Buy one grey market. Or try to get better watches from the AD to sell if you’re building a relationship. Offering a DD to someone that wants a BLRO is a pretty good sign you’re not getting it.


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[onthewaitlist]

Originally Posted by huncho

it's not worth it unless you like the day date

if you do like the day date, get it and tell them you want a pepsi with it. then you have an amazing 2 watch collection for life

Yup that's the plan. I've always been a fan of the DD.

Not sure whether to go with champagne dial or black dial.

[jimcarver]

Agree with everyone else. Its a crazy plan.
If he gave you the Pepsi there and then, it could be worth it, but only if you liked the DD. The fact is he isn't and the DD purchase probably isn't enough to get you one.

[RolexRon456]

Get the DD40! You prob won’t even want the Pepsi after

[jimcarver]

Originally Posted by onthewaitlist

Yup that's the plan. I've always been a fan of the DD.

Not sure whether to go with champagne dial or black dial.

If the plan is to keep the DD then its a different story, but then you don't need to worry about the investment side of things.

One thing i would say is the black dial probably sells easily so it is unlikely enough to get you a Pepsi alongside it.

[gtnator]

Originally Posted by onthewaitlist

Yup that's the plan. I've always been a fan of the DD.

Not sure whether to go with champagne dial or black dial.

Black dial, WG, now that’s smoking, for me.


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[fskywalker]

Bad deal


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[brandrea]

I’d never buy one watch just to get another

[Jack T]

Why are we, the customers, the ones who have to suck up to the AD to build a relationship?

[daOnlyBG]

Originally Posted by Jack T

Why are we, the customers, the ones who have to suck up to the AD to build a relationship?

Because for every individual watch priced at MSRP (not reference number, but literal watch) there are dozens of customers waiting for it, and the ADs know.

Because the general public doesn't realize that the new dealer discount is the chance to buy at MSRP and not 20% off, like in the old days.

We the public have no leverage. It's why buying jewelry from one of these places goes a mile.

[Mystro]

Originally Posted by Jack T

Why are we, the customers, the ones who have to suck up to the AD to build a relationship?

Now there is the point I have been making the last 3 years. No friggen watch is worth playing these games. Pony up the coin and buy the BLRO from one of our trusted sellers if that’s the watch you really want.

[TimeAZ]

Never buy a watch that you don't want.
Only buy pieces you'd love to have and keep.

[Rado63]

Originally Posted by onthewaitlist

Hi everyone,

I've just been offered a Day Date 40mm, champaign dial with roman numeral markers.

I'm thinking about getting this watch to build a relationship with the AD (so I can get closer to my grail of getting the Pepsi GMT *been wanting this since 2018).

What are you guys' thoughts of getting this piece, wear it a for a while (due to the pandemic, there are fewer events that I can wear gold watches to compared to prior) and potentially selling it later?

I'm not familiar with the Day Date market value or as an investment piece... so I'm hoping to get an advice whether this piece will at least hold 85% of its value.

I don't want to be buying a watch that doesn't hold value at this particular time.

Updates: *Should've provided more info. :-)

#1 - The AD quoted me USD34.5K. (There's no tax, and this is an AD I've bought from before)
#2 - DD40 is definitely one watch that I would like to add to my collection, just unsure whether I want champagne dial / black dial.
#3 - I'm definitely not buying this DD to get the GMT. (But it helps, I would like to buy from this AD). I would still really appreciate this DD and would like to wear it.

PS: Been a silent reader for a year now, finally posting first post/thread in this forum.

PSS: I know watches are not supposed to be investment.

So you want to build a relationship with the AD? You mentioned you already purchased there before. Did they just call you out of the blue, and offer a 228238 with a small discount and no sales tax? Lucky you, Where I live we have to pay sales tax. And what you really want is a GMT pepsi. Here is my advice. Call all the secondary market dealers and see what they will pay you for the Daydate unworn, no links taken out. Sell it the the day after you buy it. Then you will know where you stand in regards to value retention. Best is to ask your AD for the pepsi and the daydate together, otherwise they will call you next month with some other watch you don't want like a deep sea, or two tone date just. Then, after one day date and two more purchases you might get a Pepsi.

[Rolster]

Originally Posted by Jack T

Why are we, the customers, the ones who have to suck up to the AD to build a relationship?

So true!! And buying a watch you don't love just to be considered for another will only worsen the current twisted customer/AD relationship. Dont do it man!

[shkure]

You should buy that DD for sure OP. But either ask for it to be bundled with a Pepsi (which most likely wont happen) or ask for a 10% discount (which will likely happen). I just got a 10% discount on a full Everose Rootbeer. After the discount there is no way you loose in the DD and it gets you closer to the Pepsi.


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