I was quoted $15.5k for the new SS GMT Pepsi

[SpeedyTuomas]

I would only pay MSRP.

[Speedbird-1]

Originally Posted by D O C

Gordon Gekko said,

I keep hearing the same refrain, "I'd never pay those outrageous prices." I got news for you, you already are. Dropping $6-$10K for a even an entry level Rolex. This ain't chump change. And there will always be someone that will pay premium prices for premium luxury items.

Yep!


I think high prices are good, they might
keep some of the 'riff-raff' out of "Our Club" Haha!


. Slightly.

[Verdi]

I wouldn’t call “good relationship” with an AD if these guys want to charge you 50% on top of the MSRP........but what’s new?!

Same old story with every new hot model release.

I would not pay a penny over MSRP. I do not like greed and I choose not to take part in this ADs or grey dealers practises.

[ragingcao]

They can never pull this crap in Japan.
But they do remove stickers and register your name on the warranty that will be sent 2 to 4 weeks later.

[Aventura]

Originally Posted by AK797

In some countries they are allowed to charge what they like, altho maybe Rolex will put a stop to that too as they are clamping down on AD freedoms now so as to regulate their product better. $15.5k is a low grey estimate so actually a fair deal if you must have one now.

I do not understand people. The watch is worth $ 9250 and paying 15,500 is fair?
You know what they can do with the clock, right? Besides, I do not think it's something so special. People are unconditional of Rolex and buy anything that has printed the 5 letters ROLEX but ask any other person who thinks of a watch that has the blue and red bezel and listen to what he answers.

And also ask him if he would pay $ 9250 for a watch with those colors.

[Aventura]

Originally Posted by SpeedyTuomas

I would only pay MSRP.

You are a person who deserves the greatest respect.
I congratulate you..

[Aventura]

Originally Posted by verdi

i wouldn’t call “good relationship” with an ad if these guys want to charge you 50% on top of the msrp........but what’s new?!

Same old story with every new hot model release.

I would not pay a penny over msrp. I do not like greed and i choose not to take part in this ads or grey dealers practises.

agre 100%

[RHIII]

As I’ve said all too recently...I would slam my hand in my car door before I spent $15.5 on a modern stainless Rolex.


Sent from my iPhone using Tapatalk

[Aventura]

Originally Posted by directioneng

agree 100%

[JM0127]

I'll sell you mine for that when it gets here. May save you a few hundred.

[datejust24]

Originally Posted by RHIII

As I’ve said all too recently...I would slam my hand in my car door before I spent $15.5 on a modern stainless Rolex.


Sent from my iPhone using Tapatalk

[piratepress]

It's all about supply and demand. The watch is worth what someone's willing to pay for it!

[russ86]

That sounds normal, once it hits the market the price would be 14-16k, and I predict it would go up after that

[daytonastl]

Originally Posted by sager

Although I was hesitant on the price, I told him to put my name down. The AD expects 20% deposit. Which I may pay sometime next week if I decide I am okay with the price.

I have done this before so no problem with the deposit. Still slightly hesitant though.

Do you really love the watch that much or do you just have to have it because it's the shiniest new thing? Either is great and I've been in both positions over time, so just curious.

[AK797]

Originally Posted by Aventura

I do not understand people. The watch is worth $ 9250 and paying 15,500 is fair?
You know what they can do with the clock, right? Besides, I do not think it's something so special. People are unconditional of Rolex and buy anything that has printed the 5 letters ROLEX but ask any other person who thinks of a watch that has the blue and red bezel and listen to what he answers.

And also ask him if he would pay $ 9250 for a watch with those colors.

No you don't understand markets and supply and demand. This watch is not worth $9250, that is just its retail, its worth is personal, and it might be worth 8K to you but then 15K to another, and there are plenty of Instas and rich kids who want, even need, to be first. World is a big place now, esp for in-play brands like Rolex, who are very much like a street culture brand at Basel time.

[123Blueface]

Originally Posted by AK797

No you don't understand markets and supply and demand. This watch is not worth $9250, that is just its retail, its worth is personal, and it might be worth 8K to you but then 15K to another, and there are plenty of Instas and rich kids who want, even need, to be first. World is a big place now, esp for in-play brands like Rolex, who are very much like a street culture brand at Basel time.

I personally fully understand the demand and supply issue given an Economics major.
That said.............All one has to do is obey the sign at the zoo, “don’t feed the animals”.
The lunacy of it all is it’s just a watch. A new watch, yes, but still just a watch.

There have been many things I have wanted and there has been an added demand price, such as cars. I have told them to call me when they need the sale. Guess what, months later, I have gotten the call to which I gladly responded I found either another vehicle or a salesman that needed to eat more than he did.

Treat the watch like a car. Yeah, it’s nice, it’s new, you want it but man are there plenty of other great choices that help you “not feed” as in the zoo.

[drmizzou]

Originally Posted by 123Blueface

I personally fully understand the demand and supply issue given an Economics major.
That said.............All one has to do is obey the sign at the zoo, “don’t feed the animals”.
The lunacy of it all is it’s just a watch. A new watch, yes, but still just a watch.

There have been many things I have wanted and there has been an added demand price, such as cars. I have told them to call me when they need the sale. Guess what, months later, I have gotten the call to which I gladly responded I found either another vehicle or a salesman that needed to eat more than he did.

Treat the watch like a car. Yeah, it’s nice, it’s new, you want it but man are there plenty of other great choices that help you “not feed” as in the zoo.

Well said.

[WJGESQ]

Originally Posted by sager

So the title says it all.

There are a few ADs in Europe and South America with whom I have good relationships with. Usually, they provide me with watches that are hard to obtain within weeks.

This one particular AD (someone I have known for a while) just called me a told me that he can have the new SS GMT Pepsi in my hands no later than July. I was extremely excited until he asked for 15.5K. When I asked why, I was told that this is within the range of the agreed AD prices in the area.

I really know these guys and they have always given me excellent service and never charged a premium. Not even for the Daytona C.

Is this normal? Is this becoming regular practice for some ADs now?

I figured they’d be more.

[sager]

Originally Posted by daytonastl

Do you really love the watch that much or do you just have to have it because it's the shiniest new thing? Either is great and I've been in both positions over time, so just curious.

I actually really like the watch and was very disappointed when they released it in PM. I was actually thinking of selling off a few watches to buy it.

Finally, I settled on the 16710 "z" serial. However, I have owned it for quite a while but it gets the least wrist time since I don't think it sings to me. So I plan to sell it soon and get the new Pepsi instead.

Don't mind those who are into the shiniest new thing but that's not what does it for me.

[BlueIn2Red]

Originally Posted by jrs146

I 100% agree when it relates to the secondary market. But I’m not so sure on the primary market. It’s bad for the brand image when their own authorized dealers are selling for wild prices.

I agree, so why doesn't Rolex itself set realistic prices? Their insistence on price stability, despite the massive demand (itself caused by Rolex's decision to limit supply), is a recipe for disaster (i.e. the current mess), and just encourages the grey market.

[tmo8320]

Meh...I guess the SD43 is available at the local Walmart now (read: not hot / not in demand anymore) because I did NOT pay one penny over $11,350 US for that at my local Washington DC AD.


Sent from my iPhone using Tapatalk

[MilgaussBe]

An AD should never sell any watch over MRSP, that's why they are an AD. What's the point of buying at a premium at an AD then if you also pay a (even heftier) premium at a grey dealer ?

I bet Rolex wouldn't be happy and take away dealerships if they would find out. Ok, if they want to keep production limited and give few to their AD's but not ok by doing so that their AD's can make even more money over MSRP.

[Dompropat]

Sounds ridiculous. I'm so glad I don't care for the Jubilee.

[cdmorenot]

I could very well get my hands on one as soon as it lands at the ADs vault. Problem is in Colombia the mark up, due to "gravamen and arancel" or Taxes is about 20% above US MSRP so as much as I'd like to have it I can't pay that much.

Sent from my SM-N950U1 using Tapatalk

[fskywalker]

No thanks!


Sent from my iPhone using Tapatalk Pro

[watchmework]

Wowsers, that is something else. The hype over this piece is going to be fun to watch as someone who isn’t interested in the watch.

[Old Geezer]

I would re-evaluate my relationship with that AD.

[ccaballero]

Just want to say that im glad I have no interest in the new ss pepsi so I don’t have to think about this craziness

[siempreko]

Originally Posted by TimeToWatch

If an AD ever did that to me stateside that’d be the last time I ever visited them. As far as I know, they can’t sell over MSRP here.

Agreed! They would have lost me as a customer!

[JM0127]

Yeah. I'm out if that happens. I'll buy another brand. In the end, ADs will sell back door to Grey's for a premium and say to hell with the people looking to buy something other than a date just.

Originally Posted by Old Geezer

I would re-evaluate my relationship with that AD.