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25 August 2024, 09:24 AM | #1 |
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AD Selling out the back door? - Here’s pictures!
I’ve been on the list at this AD for a very very long time. I stop by and see my SA pretty regularly, and there is NEVER anything available. I email with her too, trading updates and stories to keep the conversation going. I never get the call, and never hear from them aside from my stopping by when driving through the neighborhood.
Now I know why. Because they’re selling their inventory out the back door to the grey market and not to us, the end consumer. The system is broken! And it’s ADs like this that give the entire system a bad rep. Will Rolex do anything about it, nope. This AD is one of the biggest in Los Angeles. |
25 August 2024, 09:28 AM | #2 |
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How do you know these photos are from your AD?
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25 August 2024, 09:35 AM | #3 |
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all those dates are from weeks ago, how do you know they're not from flippers? guy in the first pic even looks like he's crossing out info on the invoice
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25 August 2024, 10:02 AM | #4 | |
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Because I know the name of my AD and that letter head is theirs.
Quote:
Interpret the photos as you wish…. |
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25 August 2024, 10:06 AM | #5 |
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could be a flipper, could be back dooring. the point is we don't know from those pictures and they don't prove anything, unlike the title of this thread implies
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25 August 2024, 10:09 AM | #6 |
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“the system is broken?” It’s a luxury item sold by a private business; they can sell it to whomever they like, and however they like.
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25 August 2024, 10:10 AM | #7 |
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25 August 2024, 10:19 AM | #8 |
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25 August 2024, 10:19 AM | #9 | |
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“Backdoor Bhindi” asks for bundling from VIPs too. Of course not all watches. And not every time.
To be fair, I don’t think they’re selling their entire inventory to greys. You didn’t make their actual list of people they were selling watches to. Quote:
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25 August 2024, 10:45 AM | #10 |
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25 August 2024, 10:46 AM | #11 |
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I don’t get what these photos imply? Once someone gets sold a watch it’s totally up to them if they decide to resell it on the same day. It’s not a crime to sell property you own for profit.
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25 August 2024, 10:51 AM | #12 |
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25 August 2024, 10:56 AM | #13 |
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I know people who have purchased from greys off this site who’s watches has been shipped from that AD.
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25 August 2024, 10:57 AM | #14 |
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Not surprised at all. One of the biggest grey dealer buys from them.
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25 August 2024, 10:59 AM | #15 |
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25 August 2024, 10:59 AM | #16 |
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"Look, he’s winding up the watch of his wit; by and by it will strike." W.S. |
25 August 2024, 11:03 AM | #17 |
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No matter what anyone says here, this isnt a good look
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25 August 2024, 11:05 AM | #18 |
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I've said it before. To us they are "flippers". To the AD they are "great customers". That guy might buy 50-100K of watches a month. Most of us can't be at that level.
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25 August 2024, 11:05 AM | #19 |
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I would be pretty frustrated if this were my AD.
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116500 Daytona White Dial 126710BLNR GMT II 126719BLRO Blue Dial Pepsi GMT II |
25 August 2024, 11:18 AM | #20 |
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25 August 2024, 11:25 AM | #21 |
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What’s most shocking to me is I want that diamond dj
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25 August 2024, 12:02 PM | #22 |
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Brutal to see an actual AD do this in California and get away with it. Maybe Bhindi will lose their status to sell Rolex.
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25 August 2024, 12:24 PM | #23 |
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Is this the same store?
https://www.cbsnews.com/sanfrancisco...time-burglary/ Also looking at their yelp reviews, there is a whole bunch of 1 star ratings even tho the average is 4 stars. Definitely smells like a fish store. I agree I do hope they lose their Rolex AD status if they are selling to known dealers. |
25 August 2024, 12:25 PM | #24 |
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Maybe the essence of this thread is to address such circumstances…
https://www.rolexforums.com/showthread.php?t=957761 …Rolex going to Boutique model. Just a thought. |
25 August 2024, 12:33 PM | #25 | |
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Quote:
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25 August 2024, 12:45 PM | #26 |
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You would think that the grey dealer would be a little more cautious for his relationship with the AD if buying and flipping. What idiot posts a pic revealing their supplier (the letterhead). Their relationship with that flipper may be ceased already. Who knows. Sucks to see, especially when waiting for a piece but unfortunately it happens, intentionally and unintentionally. Whatever you do if you still want to maintain the chance of potentially purchasing something from them, do not call them out (the AD). Stay the course.
I've heard a lot of negative things about this AD. |
25 August 2024, 02:27 PM | #27 |
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I’m sure, it not just Bhindi out there doing this, there are many like this or even SA doing this on the side without the AD knowing about it , or a manager. All you need is the hook up.
Report them if you have enough proof. Rolex may do something or not. Bhindi is a pretty big AD in LA, I think? I would be very upset too however this does not surprise me. |
25 August 2024, 02:31 PM | #28 |
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The AD has to sell at MSRP.
So, What is the benefit to the AD unless it is a model it can't sell? On higher demand models the AD would just as soon sell to regular people I am sure versus flippers. But what does a flipper look like anyway, does he have three arms or three eyes stands out easily? And if it is a lower demand model the AD can't sell like Datejusts or two tones what do you care who buys it? |
25 August 2024, 02:53 PM | #29 |
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This is very very very old news. Has been happening since (at least) 2019.
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25 August 2024, 03:18 PM | #30 | |
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