Buyers Remorse on BLRO purchase from dealer

[Watchflair]

Originally Posted by GB-man

Not cool to renege on a deal regardless of the circumstances.

Ha Ha excellent pic - so true though. I'm the type that when I make a deal and shake hands it's a deal.

Everyone has their own circumstances though.

[Bozack90]

did you bring it back yet? curious to hear if they actually give you your old watch back and don't hit you with a penalty. Also surprised they would write an appraisal up for street value, my dealer would only write it up for sale price.

[Importer_Exporter]

Originally Posted by 1kw

I’m not looking to get the dealer in trouble with Rolex since I went into the deal eyes wide open and nobody forced me to buy the watch. I just feel bad about the purchase because I never paid over retail for a watch before. On one hand I know it’s a real Rolex GMT and paid the fair market value at this time ie same price grey dealers are selling it for , maybe slightly less. On the other hand I never heard of a authorized dealer selling above retail and not giving the customer a receipt.

I would get the receipt. They don’t want a paper trail because they know it’s shady. Tell them if you can’t get a receipt for the amount you paid, the watch gets returned or you stop the check.

[Juantxo]

Originally Posted by mactruck

I'll never pay over retail for anything.

[Calatrava r]

Wonder if the store still has your GMT? That's the rub they "lose" your watch fast so the deal is done.

[MountEverest]

I have been in your situation before. I have been collecting watches for many years and my wife absolutely hates it. I own the BLRO and it is special watch. However, the premium you paid and the dislike by your wife will take away the brief enjoyment.

My recommendation is to return the watch.

[2th_doc]

Originally Posted by Calatrava r

Wonder if the store still has your GMT? That's the rub they "lose" your watch fast so the deal is done.

I know pawnshops have a retention period. But do authorized dealers/jewelry stores have a retention period?


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[mactruck]

OP better run not walk.

[101031-28]

I'm ok paying a little (10%) above retail, but that's about it. Twice retail would leave too much of a bitter taste in my mouth. Glad you were able to return the watch, OP

[afjag256]

Originally Posted by rolexkidd

Far from a newley wed. Married 10 years on wife number 2. I got it right the second time and found one who understands my obsessions, quirks, habits and hangups.......of which there are plenty. Even with that I know full well I sponsor a significant amount of offline purchases and her closet is full of them......I was simply suggesting that he could have weathered the storm. I fully understand the battle versus war anology but also know that the more battles you win, raises the chances of winning the war. My first wife taught me that. Just gotta have a little scene control

Congrats on the anniversary! Winning without fighting is the highest victory.

[erne75]

Originally Posted by BisonHead

A very true and i feel a correct statement. Had friends that did the your money, my money, thing. All divorced now.

We believe in what ever is mine is yours and what ever is hers is hers. Only kidding.

One is none, together is strong.

One thing that I think should absolutely be kept separate are Credit Cards. Even if at the end of the month you pay for her credit cards, they should be under her name. Considering how important it is to have a clean credit file, why would you force a couple to only have access to one when it is possible to have two. God forbid, life gives you lemons, you can make lemonade out of one of the credit files and still have the other intact. It also helps to bring individual accountability. In my case I keep CCs separate and we pay our own at the end of the month. I'm old fashioned and believe in supporting my wife so I pay for everything else but she pays for her credit card expenses. It also cuts out of the picture the "wife approval" argument completely. Ultimately you do what works best for the relationship and your particular attitude towards money.

[Tha Baron]

Man... time to put on the big boy pants

[Rrpdc]

Originally Posted by Mulligan

If your AD has any concerns about reselling the watch since the warranty card is filled out, I'll pay him retail for it as is.

+1.

Would love to see what ad says.

Ad def sounds shady.

[Rrpdc]

Originally Posted by Importer_Exporter

I would get the receipt. They don’t want a paper trail because they know it’s shady. Tell them if you can’t get a receipt for the amount you paid, the watch gets returned or you stop the check.

Definitely shady If a real AD.

[Investr]

I wasn't aware ADs could charge over MSRP. I thought this was not allowed by Rolex. Personally, I would not pay that price for a GMT, not even close

[G85]

Originally Posted by BisonHead

A very true and i feel a correct statement. Had friends that did the your money, my money, thing. All divorced now.

We believe in what ever is mine is yours and what ever is hers is hers. Only kidding.

One is none, together is strong.

I don’t buy that. I work hard and earn good money, provided that our household doesn’t go without, which it doesn’t, and we are financially sound, which we are, my wife understands that my money is my money to spend - I don’t need permission, nor does my wife seek, want or expect it, and what I purchase is not a problem. And vice versa. That being said if the purchase cost would mean it would hurt our household finances, then I simply wouldn’t make the purchase in the first place, though not for fear of what my wife thinks, but because I simply wouldn’t buy a luxury item that I couldn’t truly afford.

[SS Oyster]

Who knows if a return is even allowed?


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[123Blueface]

Originally Posted by Mulligan

If your AD has any concerns about reselling the watch since the warranty card is filled out, I'll pay him retail for it as is.

Winner!!!

[Robtayham]

OP, come on man, don’t kid yourself. You wrote a $7,000 check without letting your spouse know in advance. And when she found out, she realized that you got played by the dealer. She should take your checkbook away from you. The title of this thread should be ‘My wife saved my ass’.

[jvb.nc]

Originally Posted by Topspin14m

There are 1000 people logged into this forum at any given time. How many stories have you heard of a customer walking into an AD in 2019, asking for any of these hot SS watches and just walking out? Or getting a firm commitment that one will be ordered for them? Almost never happens. “Build a relationship” means buy stuff - that’s been detailed on many threads here. So yes - almost all dealers do this, if not all. It may not be an explicit quid pro quo, but that’s not the point. In fact, if you realistically want the watch, you have to spend a lot of money. I’m not making a an argument that these are bad people. I’m not even sure what the fair alternative is given the supply constraints. This is just what is happening, so MSRP isn’t a real thing.

every single rolex i own i have purchased at retail price from one AD.

i have not had to buy jewelry, precious metals, watches i didn’t want, or play any BS games.

i’m sure there are ADs that are crappy. my point is that not all of them are.

[GJ-PGMTII]

Originally Posted by Muxi

I think it is embarrassing to return it. A man does not go back on his word where I come from, with all due respect.

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[mactruck]

Originally Posted by jvb.nc

every single rolex i own i have purchased at retail price from one AD.



i have not had to buy jewelry, precious metals, watches i didn’t want, or play any BS games.



i’m sure there are ADs that are crappy. my point is that not all of them are.

Ok you have sold me. I'm using your ad. Name please.

[sco]

I'm kind of surprised the AD was so quick to take it back. I guess slow down in the future and don't rush into things!

To me, five cents over retail is too much.

[steve099]

Originally Posted by enjoythemusic

And the name of this dealer and other dealers he knows are doing this are ????

Name names please. Am sure Rolex would want to know.

Its pretty obvious the majority of dealers are doing this and who can blame them?

[billfredericks]

Sure the AD took it back. It’s now a pre-owned watch and can be sold as such at a grey price.

[oldman2005]

It's cool that you're able to return the watch, next time check with your wife first before you commit.

Keeping the wife is much cheaper than keeping the Rolex.

[Muxi]

Originally Posted by Duende01

We all subscribe to different sets of values. “Where I come from, honesty is the best practice.”

I don’t think the two set of values are necessarily opposed.

[mmmmp]

Originally Posted by abozz

Exactly!

Agree, but these are somewhat extenuating circumstances. He was able to 'get healthy' and that's good. Got the missus off his back and that's also good.

There are to many unknown variables for me to have an opinion either way. All I can say is if were me, I'd honor the deal simply because: a deal is a deal the same way a handshake is a solid commitment.

I speak only for myself. Glad things worked out for the OP. That's really all that matters, seeing that a fellow WIS didn't get "stung."

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[Muxi]

Originally Posted by TempoKing

@ 1Kw.....Clear your messages box , tried to pm you but won’t go through

I don’t know how old was your 116713 but he paid you fair value
Now if the wife is not happy ....sell the Pepsi with the jubilee bracelet (?)
Many buyers will be happy to pay $16.000

This.

[Muxi]

Originally Posted by mmmmp

Agree, but these are somewhat extenuating circumstances. He was able to 'get healthy' and that's good. Got the missus off his back and that's also good.

There are to many unknown variables for me to have an opinion either way. All I can say is if were me, I'd honor the deal simply because: a deal is a deal the same way a handshake is a solid commitment.

I speak only for myself. Glad things worked out for the OP. That's really all that matters, seeing that a fellow WIS didn't get "stung."

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This. I am baffled why a few members seem to be averse with the solemn bond of a handshake. I always thought this was a universal principle.

Since when can personal or household circumstances justify extricating oneself from a perceived bad bargain? We are not kids.