Is anyone actually still paying over MSRP for watches from Greys right now?

[mykii]

Originally Posted by Xerxes77

I pay over MRSP if I really feel that watch is THE WATCH.....
But if I want to mark an event in my life then I will try to have it from AD with my name on 📝

Good luck, names are no longer on the new warranty cards. Wish they were, though. .

[Sandpit]

Originally Posted by m0butt

Yeah, and that’s for a DJ41, which is a relatively “easy” watch to get. Everything is actually easy to get if you’re just willing to pay for it. This is why I’ve decided I don’t really care much for MSRP prices, going to just look at grey prices from now on as that’s the price I’m realistically going to be paying.


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Personally I’ve switched attention to older models now. The 6 digit ceramic hysteria has kinda ruined it for me and in any case I really love the charm of the 4 and 5 digits.

[Podbert01]

I cant handle the self serving judgemental AD's who seam think you need to look like a person who deserves to wear a Rolex ! I've pad significantly over retail for the watch I want and happy happy to do so I don't not have to deal with the AD's !. I've been to one specific AD twice for new models and they won't even entertain putting me on the waiting lists. Does not leave a nice taste in your mouth !

[atxdivebezel]

Originally Posted by mykii

Good luck, names are no longer on the new warranty cards. Wish they were, though. .

I'm fairly certain the name is now 'electronically' attached. Just got my BLNR last week and that's the explanation I was given.

[tally]

Originally Posted by K997

Generally speaking I’m opposed to paying above MSRP for really anything. That said, would I perhaps pay a bit above MRSP for the sake of saving some time and gaining enjoyment? Yes, maybe a bit. But not double MSRP such is the case with a white SS Daytona for example. Would I pay ~$16k or so - yes, likely. That would be about $2k more than the OTD price from an AD. Am I dreaming right now? Yes. Would I still be dreaming come end of summer - maybe not. We’ll have to wait and see how the economy unfolds.

And to the OPs original question - no I have not done it. I just picked up a Hulk from an AD at MSRP of course.

youll defo still be dreaming end of summer if you think ceramic daytonas will go for $16k USD

[mykii]

Originally Posted by atxdivebezel

I'm fairly certain the name is now 'electronically' attached. Just got my BLNR last week and that's the explanation I was given.

If that is the case I don't know how my AD knows my full name off-heart. When I picked up my Hulk I didn't provide it, and pretty certain they don't know it. . Maybe its on file, who knows, all I can say is that my SA purposefully pointed at the card and said they "leave them blank" now as it was right as COVID restrictions lifted here in NYC.

[HiDive]

I have never gone to grey market because I have had no trouble getting any Rolex at or below retail in a short period of time from my favorite AD.

[tufty]

Originally Posted by Podbert01

I cant handle the self serving judgemental AD's who seam think you need to look like a person who deserves to wear a Rolex ! I've pad significantly over retail for the watch I want and happy happy to do so I don't not have to deal with the AD's !. I've been to one specific AD twice for new models and they won't even entertain putting me on the waiting lists. Does not leave a nice taste in your mouth !

HHhhmmm can probably guess which AD you are talking about. WB??

[RedViola]

Originally Posted by HiDive

I have never gone to grey market because I have had no trouble getting any Rolex at or below retail in a short period of time from my favorite AD.

If you'll pardon the curiosity, how long have you known your AD and were you able to get watches at/below retail at the beginning of your relationship?

[eskiserkan]

I got my hulk&batman from the ad 3 years ago and waited 2 years for white DaytonaC. Then fed up with calling&asking so went to grey route. I got it at Feb, 2019 and still waiting the call from AD :)
Now unfortunately, NO ADs will be selling the 17k blro at list price without taking an arm&leg. Those days are gone. Same for AP and Patek. Premium cost always will be added in some way by the AD + waiting time and list games.
Try selling a Daytona C at 22k usd and see yourself its gone at the second day. So, why the ADs will gift that 7k to the customer without getting anything.
With new warranty cards i dont see any improvement for the current situation, since it is driven by Rolex itself

[RolexSimon]

My new WG pepsi came with the new card - with a built in chip. Apparently it's meant to make it easier for Rolex to track the watches round the world. ADs selling to grey's in a different continent etc. Regular patterns can then be identified. Regular flippers will also be recognized more easily - not that ADs will definitely stop selling to them, it just may open the door to other mere mortals such as myself - here's hoping.

[Harry-57]

Originally Posted by atxdivebezel

I'm fairly certain the name is now 'electronically' attached. Just got my BLNR last week and that's the explanation I was given.

In the UK I'm fairly certain this is not the case. My last watch came with the new warranty card. My AD keeps a record of what they sell me (among other things). Rolex do not have this information. The data protection regs have been tightened up a lot here.

If in doubt and you want to check, you can ask any Rolex AD, chain, distributor or RSC what information they hold on you. They have to tell you by law. Or at least they do in the UK and EU.

[Harry-57]

Originally Posted by RolexSimon

My new WG pepsi came with the new card - with a built in chip.

I might be wrong. I thought it was established some months ago that the new warranty card does not contain a chip.

Any updates on this? Has anyone found evidence that a chip is embedded?

[eskiserkan]

I believe if Rolex really wants to track buyers they can easily make a user registration in their website like AP to check who bought what from where etc. With new warrant cards without any AD stamp & country code its clear that they are at the side of ADs.

[HiDive]

Originally Posted by RedViola

If you'll pardon the curiosity, how long have you known your AD and were you able to get watches at/below retail at the beginning of your relationship?

I have been buying Rolex and other watches from the same great family owned business since about 2006. I got a nice discount the first time I bought from them. I went in one afternoon and bought a Sub LV a two tone GMT and a Glashutte Original pano date Diver in one purchase with cash (actually a check). I believe that they gave me about 10% off on that deal. I have probably purchased about a dozen watches from them since the initial deal as well as many pieces of jewelry for my wife. They do not always have a discount for me but never above SRP. And when I get on a list for a watch it has always been very quick to come in. I moved to Hawaii about 6000 miles from them but I still buy watches from them when I travel back there. I would not ever consider buying elsewhere.

[aw9nineteen]

Not a knock against anyone that went grey, but I do have a question. For mid to high 20k did you look at other options? I just personally feel there are a lot of other options there. Why not go PM and set yourself up for SS at MSRP?


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[peterpl]

Originally Posted by aw9nineteen

Not a knock against anyone that went grey, but I do have a question. For mid to high 20k did you look at other options? I just personally feel there are a lot of other options there. Why not go PM and set yourself up for SS at MSRP?
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Of course. Once you start hitting $20k for basic 3 hand SS watches you really need to start looking at precious metals/complications.

Your a fool if you dont do that.

[aw9nineteen]

Originally Posted by peterpl

Of course. Once you start hitting $20k for basic 3 hand SS watches you really need to start looking at precious metals/complications.

Your a fool if you dont do that.

I’m not trying to slight anyone, just wondering.. Makes me think that there are a lot of greys or flippers in this thread. I’m just searching for understanding.


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[Heimdall]

Originally Posted by Socal Runner

I wouldn’t mind paying a small premium as others have said. SS pieces at or below MSRP is wishful thinking by a lot of individuals on this forum. No doubt prices are coming down, but I find it hard to believe considering these past few years that everything is going to plummet. Once the world settles you will see prices steadily and slowly creep back up.

Spot on. Still not enough SS pieces coming through ADs

[JohnGingerwood]

I would pay a few hundred dollar premium to get a new model, but 22k for a Daytona and 16k for GMT? Never ever.

[minute_man]

Originally Posted by m0butt

Paid pretty high for my BLRO but it’s coming in tomorrow and I just didn’t want to wait. I have no prior AD relationship so it was probably never going to happen through AD anyways. Now I’m broke for the foreseeable future but at least I’ll have my BLRO.

Also tbh, I don’t see it dropping very much.


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That is really sad to hear.

Originally Posted by aw9nineteen

I’m not trying to slight anyone, just wondering.. Makes me think that there are a lot of greys or flippers in this thread. I’m just searching for understanding.


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You bet.They're all over the place.

Originally Posted by JohnGingerwood

I would pay a few hundred dollar premium to get a new model, but 22k for a Daytona and 16k for GMT? Never ever.

They're simply not worth it. None of the SS Rolex are worth that much. MSRP is even a bit much for what is offered. As said by another member, one should be looking at PM at this price point. And no, it's not about what people are willing to pay for. During the WWII occupation of my country people would pay fortunes for a loaf of bread. We all know it's still worth like 99 cents, actually.

[David007Kim]

Wake up from your dreams ladies & gentlemen and just go GREY! “The HYPE” is real. Have you guys seen the prices from most of the release dates of these “Ceramic Models”? You will not be offered a (116500LN, 116610LV, 126710BLRO AND BLNR). End of discussion only unless you’ve spent at least $100k at and AD. All of these “Ceramic Models” started selling on average $2k minimum if not more than MSRP and the prices have been climbing for the last 3 to 4 years. Prices will NOT come down and once the economy starts rising after “Covid-19”,...these HIT MODELS will be unobtainable for the average Rolex Fan!

[Sandpit]

Originally Posted by David007Kim

Wake up from your dreams ladies & gentlemen and just go GREY! “The HYPE” is real. Have you guys seen the prices from most of the release dates of these “Ceramic Models”? You will not be offered a (116500LN, 116610LV, 126710BLRO AND BLNR). End of discussion only unless you’ve spent at least $100k at and AD. All of these “Ceramic Models” started selling on average $2k minimum if not more than MSRP and the prices have been climbing for the last 3 to 4 years. Prices will NOT come down and once the economy starts rising after “Covid-19”,...these HIT MODELS will be unobtainable for the average Rolex Fan!

I think you have a point. What we have seen, during the worst financial period any of us will ever likely live through, is that prices dipped and then have steadily increased.

It's almost beyond comprehension, but at this stage I do not see a massive crash in prices any more. I just don't see what the trigger point will be.

My personal prediction is that if the sub gets an update next month then prices will really start to creep on those. At the moment they are somewhat steady as the GMT seems to be taking all of the limelight.

[Singslinger]

Originally Posted by mykii

Good luck, names are no longer on the new warranty cards. Wish they were, though. .

This is news to me.

I just bought a SkyD in July from am AD and had to write my full name as per the records in their database on the card.

[RolexFan0049]

Originally Posted by David007Kim

Wake up from your dreams ladies & gentlemen and just go GREY! “The HYPE” is real. Have you guys seen the prices from most of the release dates of these “Ceramic Models”? You will not be offered a (116500LN, 116610LV, 126710BLRO AND BLNR). End of discussion only unless you’ve spent at least $100k at and AD. All of these “Ceramic Models” started selling on average $2k minimum if not more than MSRP and the prices have been climbing for the last 3 to 4 years. Prices will NOT come down and once the economy starts rising after “Covid-19”,...these HIT MODELS will be unobtainable for the average Rolex Fan!

Oh no! What are we gonna do?

[Tombstone]

If I wanted the watch and it was the only option sure why not?

[RolexFan0049]

Originally Posted by mykii

I think there are more than a few things being conflated in this post.

They're just examples of previous trends, the point being things change every 5 to 10 years. But the current one will surely live forever right? Right...

People paying over retail, 15k euros for a gmt are more delusional than those who paid 30+ k for pre vendome Panerais in 2010. At least those were really exclusive. Or 10-20k for new ones.

What you're buying when you pay 15k for an LV is actually a 6-7k sports watch (being generous), during the wrong trend. It's not rocket science if you have been into this for a long time, really. I have these watches and I can't help but feel how ridiculous it is to pay that kind of money for them.

Similar thing happens to the RO, Nautilus and Aquanaut. Believe it or not the world wasn't created last year. People follow patterns, always have, always will. It only takes a trend change when it comes to something as simple and cyclical as sizes to render all those watches unfashionable.

I'm giving the current trend up until 2025 max. Watch and see.

The sensible thing to do would be thinking ahead of the curve and trying to figure out which currently out of favor watches will be trendy next. But that takes more knowledge than creating manchild nicknames and following instagram profiles. The world will keep spinning.

[Hollie_Rollie]

Yeah it seems like people are still paying over MSRP lmao

[SUPERDOC]

Originally Posted by RolexFan0049

They're just examples of previous trends, the point being things change every 5 to 10 years. But the current one will surely live forever right? Right...

People paying over retail, 15k euros for a gmt are more delusional than those who paid 30+ k for pre vendome Panerais in 2010. At least those were really exclusive. Or 10-20k for new ones.

What you're buying when you pay 15k for an LV is actually a 6-7k sports watch (being generous), during the wrong trend. It's not rocket science if you have been into this for a long time, really. I have these watches and I can't help but feel how ridiculous it is to pay that kind of money for them.

Similar thing happens to the RO, Nautilus and Aquanaut. Believe it or not the world wasn't created last year. People follow patterns, always have, always will. It only takes a trend change when it comes to something as simple and cyclical as sizes to render all those watches unfashionable.

I'm giving the current trend up until 2025 max. Watch and see.

The sensible thing to do would be thinking ahead of the curve and trying to figure out which currently out of favor watches will be trendy next. But that takes more knowledge than creating manchild nicknames and following instagram profiles. The world will keep spinning.

Not sure how this thread escaped the lock... but before it's closed down, I just want to commend you on a very effective and intelligent post.

Although the common sense, intellectual conclusions rarely compute in matters of emotion and luxury.

I was also expecting a correction with COVID, and still am suspicious that many things are a house of cards right now.. but whether it's 2025, or sooner, or later, the trend has already defied the thinking man's predictions..

so at this point, I am no longer underestimating the power of current market manipulation...

if the prices don't correct, I will just reconcile them to be out of my range of willingness to pay, and try to go on with life...

[Podmornica]

To sum it up .. Buy the BLRO now for 17K before it's 20K next year!