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edge591 · 10 July 2012, 04:06 AM

Hey There,
I've been a regular customer at an AD here in Canada purchasing a Sub LV and a GMT IIc. Both watches were bought with a 22% discount (BUT we have 13% sales tax here in Canada).
When the new Exp II came out and hit the showcases I went back to see my AD and he offered ZIP ALL on the watch because it was highly in demand. Not impressed at all, I waited and went back a short time later and he offered 5%. He since offered 15% but I want the 22% that I received on the other Rolexes that I bought.

What are people seeing in terms of discounts on this watch in Canada and other parts of the globe....please share.

Thanks.

superdog · 10 July 2012, 04:20 AM

Sigh. Ur getting a good discount. Buy the watch and enjoy.

Otherwise check the classifieds here and see how much you can get off of retail.

azguy · 10 July 2012, 05:04 AM

Dealers have less margin now, take the deal offered and wear it in good health

boogiebot · 10 July 2012, 05:09 AM

20-22 from a canadian AD is a good discount. and i have experienced something similar when asking about new models when they first come out. basically the AD will try to sell the piece to people at the highest price possible and the only way to do that is right when the piece is first introduced. the people that really want it bad will pay the price and those that want the discount will wait.

karmatp · 10 July 2012, 05:52 AM

Sounds like you "waited" too long. Rolex decreased the dealer margins a few months ago so they are probably making about the same amount of money on you.

The days of deep discounts are going away, and Rolex is padding their pockets even more these days.

perpetualman88 · 10 July 2012, 05:54 AM

Quote:

Originally Posted by karmatp

Sounds like you "waited" too long. Rolex decreased the dealer margins a few months ago so they are probably making about the same amount of money on you.

The days of deep discounts are going away, and Rolex is padding their pockets even more these days.

X2

boywondergq1 · 10 July 2012, 05:56 AM

I'm glad I got my GMTIIc back in April...

sid8 · 10 July 2012, 06:06 AM

my dealer told me no discount on SS watches
but yes on any watch which included any gold

edge591 · 10 July 2012, 06:32 AM

Can anyone recommend a trusted grey dealer then?

superdog · 10 July 2012, 06:38 AM

Davidsw is outstanding.

But there are a few others out there.

bottom of the ninth · 10 July 2012, 08:57 AM

Davidsw offers outstanding service!

txdinh · 10 July 2012, 12:19 PM

Quote:

Originally Posted by sid8

my dealer told me no discount on SS watches
but yes on any watch which included any gold

Same here in my area

J. Alan · 10 July 2012, 12:36 PM

I recently purchased a TT Datejust from my Rolex AD and received close to a 25% discount. It was before the price increase, so I definitely purchased at the right time. As mentioned by others, SS Subs are a little harder to get a substantial discount. When I was quoted outrageous pricing for a Milguass GV (some AD's in my area put the GV's on a pedestal as if it is some holy grail), I purchased a BNIB GV from DavidSW with tremendous savings. Oscar Bodybump is another trusted seller I can recommend.

Good Luck Hunting!!!

J. Alan

doze · 10 July 2012, 02:52 PM

have you checked with kayaker21? he's in Canada so one less worry with Can's border agency/duties...

jedinite · 10 July 2012, 07:20 PM

Bought mine in March and got 20% off

Sunster · 10 July 2012, 07:24 PM

I think the explorer 2 has become one of the most discountable of thr new rolexes

MatthewInSeattle · 10 July 2012, 07:30 PM

Quote:

Originally Posted by Sunster

I think the explorer 2 has become one of the most discountable of thr new rolexes

I'd disagree. As mentioned above, Rolex has reduced the amount of markup that they incorporate into their MSRP, which is cutting into AD's margins. The odd thing about Rolex (at least to me) is that the margin that the AD makes is the same percentage, whether we're talking a SS, TT, or 18kt piece. At the current price of the SS Explorer II (just over $7600), there just isn't a whole lot of room for AD's to discount, period. In some states (like mine) where the sales tax is close to 10%, even doing that is more than a quarter of the profit of the watch.

It's just one of several reasons why discounting is, and will continue to become a thing of the past. It's just not sustainable, from the AD's POV.

gaopa · 10 July 2012, 10:59 PM

It would seem that your AD offered you a good discount. However, Yikes! you have a 13% sales tax! Bill P.

10 July 2012, 04:06 AM	#1
edge591 "TRF" Member Join Date: Jan 2009 Location: canada Posts: 143	New EXP II Discounts Hey There, I've been a regular customer at an AD here in Canada purchasing a Sub LV and a GMT IIc. Both watches were bought with a 22% discount (BUT we have 13% sales tax here in Canada). When the new Exp II came out and hit the showcases I went back to see my AD and he offered ZIP ALL on the watch because it was highly in demand. Not impressed at all, I waited and went back a short time later and he offered 5%. He since offered 15% but I want the 22% that I received on the other Rolexes that I bought. What are people seeing in terms of discounts on this watch in Canada and other parts of the globe....please share. Thanks.

10 July 2012, 04:20 AM	#2
superdog 2024 Pledge Member Join Date: Oct 2011 Real Name: Seth Location: nj Watch: Omega Posts: 24,834	Sigh. Ur getting a good discount. Buy the watch and enjoy. Otherwise check the classifieds here and see how much you can get off of retail. __________________ If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff)

10 July 2012, 05:52 AM	#5
karmatp "TRF" Member Join Date: Sep 2007 Real Name: Trevor Location: Arizona Posts: 5,740	Sounds like you "waited" too long. Rolex decreased the dealer margins a few months ago so they are probably making about the same amount of money on you. The days of deep discounts are going away, and Rolex is padding their pockets even more these days. __________________ My grails:

10 July 2012, 06:06 AM	#8
sid8 "TRF" Member Join Date: Dec 2011 Location: uk Watch: DJ 2 & Explorer 2 Posts: 230	my dealer told me no discount on SS watches but yes on any watch which included any gold __________________ Sid

10 July 2012, 06:38 AM	#10
superdog 2024 Pledge Member Join Date: Oct 2011 Real Name: Seth Location: nj Watch: Omega Posts: 24,834	Davidsw is outstanding. But there are a few others out there. __________________ If happiness is a state of mind, why look anywhere else for it? IG: gsmotorclub IG: thesawcollection (Both mostly just car stuff)

10 July 2012, 05:04 AM	#3
azguy Banned Join Date: Sep 2011 Real Name: ------- Location: ------- Watch: --------- Posts: 12,609	Dealers have less margin now, take the deal offered and wear it in good health

10 July 2012, 05:09 AM	#4
boogiebot "TRF" Member Join Date: Apr 2011 Location: canada Watch: me post! Posts: 3,804	20-22 from a canadian AD is a good discount. and i have experienced something similar when asking about new models when they first come out. basically the AD will try to sell the piece to people at the highest price possible and the only way to do that is right when the piece is first introduced. the people that really want it bad will pay the price and those that want the discount will wait.

10 July 2012, 05:56 AM	#7
boywondergq1 "TRF" Member Join Date: Sep 2011 Location: Canada Posts: 792	I'm glad I got my GMTIIc back in April...

10 July 2012, 06:32 AM	#9
edge591 "TRF" Member Join Date: Jan 2009 Location: canada Posts: 143	Can anyone recommend a trusted grey dealer then?

10 July 2012, 08:57 AM	#11
bottom of the ninth "TRF" Member Join Date: Jun 2009 Real Name: Trent Location: Good old IOWA Watch: Daytona Black Posts: 1,255	Davidsw offers outstanding service!

10 July 2012, 12:36 PM	#13
J. Alan "TRF" Member Join Date: Apr 2011 Location: Canada Posts: 529	I recently purchased a TT Datejust from my Rolex AD and received close to a 25% discount. It was before the price increase, so I definitely purchased at the right time. As mentioned by others, SS Subs are a little harder to get a substantial discount. When I was quoted outrageous pricing for a Milguass GV (some AD's in my area put the GV's on a pedestal as if it is some holy grail), I purchased a BNIB GV from DavidSW with tremendous savings. Oscar Bodybump is another trusted seller I can recommend. Good Luck Hunting!!! J. Alan

10 July 2012, 02:52 PM	#14
doze "TRF" Member Join Date: Aug 2008 Location: North Posts: 63	have you checked with kayaker21? he's in Canada so one less worry with Can's border agency/duties...

10 July 2012, 07:20 PM	#15
jedinite "TRF" Member Join Date: Nov 2010 Real Name: TC Location: GMT -8 Watch: SeaDweller Deepsea Posts: 582	Bought mine in March and got 20% off __________________ Tudor Submariner 76100/Rolex TT Submariner Blue X/Victorinox AirBoss Mach 6/Longines Grande Vitesse/Rolex SeaDweller DeepSea V/ GShock GW-3000B/ Tudor Prince Date 74034/ Rolex ExII 42 WD/ Rolex Submariner 116610 LV/ Tudor Pelagos Blue

10 July 2012, 07:24 PM	#16
Sunster "TRF" Member Join Date: May 2009 Location: Canada Posts: 169	I think the explorer 2 has become one of the most discountable of thr new rolexes __________________ Current line up: Omega Speedmaster, Rolex Sea Dweller 16600, Tudor Black Bay ETA

10 July 2012, 10:59 PM	#18
gaopa "TRF" Member Join Date: Jul 2007 Location: .. Watch: Rolex Explorer II Posts: 1,820	It would seem that your AD offered you a good discount. However, Yikes! you have a 13% sales tax! Bill P.

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