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4 August 2021, 04:43 PM | #181 | |
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Well, the way I imagine this working is that an AD could have customers,ie. a rep of a grey dealer, spending millions per year on product. The AD would be in a difficult financial situation to send this client away as not only does he buy the precious ss models, but also a lot of « non-desired stock ». Under the assumption that grey dealers would actually source product from several ADs, it would be difficult for Rolex to impose any penalties on the AD itself. It goes along the lines of your thinking, just at another scale (find it difficult to believe that the current grey offer has been sourced by individuals queuing up for years to get a Daytona). Cheers, Sent from my iPhone using Tapatalk |
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4 August 2021, 07:56 PM | #182 |
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I would pay what the Rolex AD charged me when I picked up my watch (even if msrp was much higher than now) or I would wait and buy other luxury goods. I wouldn’t buy outside of an AD or boutique. My mailbox is not an elegant shopping experience like getting one from the boutique. Rolexes are special luxury goods and with all luxury goods I buy I want the luxury experience. The way they size it for you, explain the features, and wrap it, also often giving you little gifts as well (watchwinders in my case). It all adds to the memory of acquiring the piece. If Rolex fails to give me that I’ll head to VC or Cartier. Also I have to know it’s authentic.
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6 August 2021, 09:57 AM | #183 |
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I recently paid $1,000 above MRP for a 1 month old Explorer 2.
Why? 5 years ago I promised my son his first Rolex upon graduation from Masters Engineering and securing his first job. Promise was more important than the $1,000 Would I otherwise? Hell no. I do not support scalpers and flippers who see a quick dollar and the expense of people like me who desire the watch for long term ownership or a special gift. |
6 August 2021, 10:01 AM | #184 | |
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If I understand your position then, you would pay above MSRP if you felt you had a legitimate reason, but would not otherwise? |
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6 August 2021, 10:24 AM | #185 | |
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6 August 2021, 10:51 AM | #186 |
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I think that there’s also a stage of collecting aspect to this. If you bought before the craze or if you’ve been fortunate enough to get 1-2 hot watches at MSRP, I think you’d be reluctant to pay a premium. Personally, I am limiting myself to MSRP or less because the last thing I need is another watch. If I get anything else, it better be both a great watch and a great deal. There’s nothing more to it for me.
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6 August 2021, 11:28 AM | #187 |
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Yes, there are many good ways to go depending on what someone prefers!
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6 August 2021, 11:31 AM | #188 |
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Not one red cent over msrp for me. It’s a matter of principle.
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6 August 2021, 11:36 AM | #189 |
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6 August 2021, 11:45 AM | #190 | |
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A whole new breed of Rolex buyers have become accustomed to paying a premium, either outright from greys or from bundling/relationship building. This is the normal they know, in the way discounts are a normal to an older generation of buyers. Sent from my iPhone using Tapatalk |
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6 August 2021, 12:16 PM | #191 | |
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Buying a grey piece is buying a used piece, no matter what anyone says. Therefore the chain of custody has been broken and there is no way to know for sure who has touched that watch and if they have opened it or not or if all parts are still original. I'd rather wait a month or so and get what I want from my AD. |
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6 August 2021, 12:25 PM | #192 | |
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If you are personable and real, a good AD will get you what you what you want in a reasonable amount of time. |
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6 August 2021, 01:09 PM | #193 | |
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6 August 2021, 03:53 PM | #194 |
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One could argue that if you are paying an AD £10k+ for something that costs less than £1k to manufacture then you have already been manipulated anyway. Grey dealers are just another level of stupid in terms of buyer manipulation because buying from them is the very definition of FOMO.
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6 August 2021, 05:08 PM | #195 | |
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6 August 2021, 05:50 PM | #196 |
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Each person has their own limit. It's a wonderful thing.
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6 August 2021, 05:56 PM | #197 |
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I have gone grey a couple of times over the years, only once for a Rolex and at retail price for a new unworn piece. I wouldn’t mind a small increase over retail but in the case of a watch that’s selling for double, I would feel like an idiot doing that. I’ve worked hard for my money and that sounds like going to a casino and blowing a fortune!
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6 August 2021, 07:05 PM | #198 |
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I'm lucky I'm mostly attracted to the "lesser wanted" models, such as the 126660 and 226570 black dial. I got those by just walking into the AD, order, wait a few weeks, and there they are. No need to go grey.
If you're talking about the more popular models, like a Batman/Daytona, I'd probably pay no more than 10-15% above MSRP. Like said by someone else; The Daytona is not a 35k watch, and the Batman is not a 18-20k watch (in MY opinion). |
8 August 2021, 10:52 AM | #199 | |
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But nothing is black and white. In my situation, after waiting 2 years via normal channels it was either $1,000 or a broken promise after my son upheld his part of the arrangement. In this situation $1,000 premium was a good tradeoff. Were it double the price of the Explorer 2 then maybe not. Only the individual can determine their person boundaries, when its not an illegal or morally wrong decision. Mine was an unkept promise vs $1,000. |
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8 August 2021, 12:06 PM | #200 | |
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I will not and have never paid over MSRP. I have gotten all the watches I wanted within a month or two. Granted, I dont like many Rolex models which helps. Explorer, DateJust, and a DayDate are the only 3 I would wear. Nothing against the other models, I just prefer other brands. |
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8 August 2021, 12:39 PM | #201 |
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Using the words grey and integrity in the same sentence is absurd. They are used car salesmen.
A watch bought from a grey dealer is a used watch no matter how many seals are on it. 99.9% of the grey buyers would never know if their watch was altered at all, if it was opened or if any movement alterations were made. Buying a used rolex is crazy. Paying 2x retail for a used rolex is moronic. |
8 August 2021, 05:14 PM | #202 | |
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8 August 2021, 05:20 PM | #203 |
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Not one penny over retail, on principle.
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8 August 2021, 05:26 PM | #204 | |
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8 August 2021, 06:40 PM | #205 |
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8 August 2021, 07:29 PM | #206 |
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Curious for the MSRP only crowd
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8 August 2021, 11:52 PM | #207 |
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I don’t like to buy grey, prefer to be the first owner of the watch. Only ever gone to an AD.
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9 August 2021, 12:25 AM | #208 |
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Interesting question. I’m in the msrp + tax camp. There are very few things I can’t wait for, watches are not one of them.
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9 August 2021, 01:23 AM | #209 |
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Not going to argue about the part where he said buying grey is buying used, but how is saying all grey dealers have no integrity, and that anyone who buys grey is crazy or even a moron bang on point and correct?
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9 August 2021, 01:53 AM | #210 | ||
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Quote:
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Might also apply to those who see desirable watches more as trophies, where being “offered” the watch by an AD is part of the “trophy” itself. |
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