Quote:
Originally Posted by Mikel212
"Rolex warranties are now totally untransferable. You are probably now wondering what are the impact of this announcement. Here’s the thing : when you buy a watch from an authorized dealer, you also get a little green card with your information and the Authorized Dealer’s stamp. This warranty card is just not transferable anymore since the Rolex warranty policy update."
Rolex website doesn't elaborate on their 5-yr warranty except that there is one.
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I'd ask for a link to the source, but the statement is categorically wrong, so it doesn't matter. Rolex offers a full warranty. In the US, that term has a legal meaning, and part of the meaning is that the warranty is fully transferable to all owners for the duration of the warranty. For anyone who wants the legal nuts and bolts, I covered it in another thread:
Quote:
Originally Posted by JacksonStone
Here's the lowdown. ( TLDR version: Rolex designates its warranty as "full," meaning it it is fully transferable to all consumers during the duration of the warranty, provided the watch was originally purchased by a consumer from an authorized dealer.)
- Rolex designates its warranty as "full."
- 15 U.S.C. § 2303(a)(1) states that full warranties must meet the minimum requirements for warranties, as stated in § 2304.
- 15 U.S.C. § 2304(a) states the minimum requirements for full warranties.
- 15 U.S.C. § 2304(b)(4) states, "The duties under subsection (a) extend from the warrantor to each person who is a consumer with respect to the consumer product."
- 15 U.S.C. § 2301(3) includes in its definition of consumer "any person to whom such product is transferred during the duration of an implied or written warranty (or service contract) applicable to the product." The definition expressly excludes buyers who procure goods for resale; ergo, grey sellers would not be considered consumers, and therefore can be excluded under a full warranty.
- Exclusion of transferability to certain consumers would render the warranty limited, rather than full, pursuant to U.S.C. § 2303(a)(2); the warranty would also have to be designated as "limited." Since the warranty is conspicuously stated as full, it must adhere to the transferability requirements of 15 U.S.C. § 2304(b)(4), which apply to all consumers as defined in 15 U.S. Code § 2301(3).
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