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26 February 2017, 12:28 AM | #1 |
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Grey Market w/5-year Rolex Warranty
Have you ever seen grey market dealers that offer a Rolex warranty card dated the month you buy the watch and signed by an AD; giving you a full 5-year Rolex warranty? I just ran across a company that claims just that. They are a Trusted Seller on Chrono24 and have 100% positive reviews on eBay. Thoughts?
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26 February 2017, 12:30 AM | #2 |
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I just bought 2 watches from Takuya a TRF reseller and got all of the above as well as my name on the card...so yes.
https://www.rolexforums.com/showthread.php?t=520886 |
26 February 2017, 12:47 AM | #3 | |
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26 February 2017, 01:00 AM | #4 |
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yes, bought my subC and the card stamped with AD details but blank on "name". date stamped on october 2016, and i bought on november 2016. grey dealer gives their shop 5 years warranty and i believe i am also covered by Rolex waranty since the watch and warranty card stamped with AD details.
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26 February 2017, 01:01 AM | #5 |
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Yes. In fact sometimes they are even drop shipped from AD with my name and current date. The larger grey dealers have great relationships with ads.
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26 February 2017, 01:33 AM | #6 |
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yes the warranty is valid. the only thins is at least in NYC, sometimes they are difficult with international warranty cards. if its a US ad stamped its no issue not even if the name is different. I've heard in other parts of the country there are no issues.
You should be OK. Most watches dont need to be serviced until year 5 or 6 anyway. |
26 February 2017, 01:51 AM | #7 |
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26 February 2017, 02:46 AM | #8 |
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Well if that is the case I'm out the balance of the warranty on my recently purchased DJ. Don't blame the seller, and in fact it makes for an easier decision regarding how it may be serviced and modified in the near future. As others have mentioned, short of real mechanical issue, these watches should not incur service prior to the five years from date of initial sale.
It will be interesting to see how this impacts the grey market pricing on late model watches. |
26 February 2017, 02:47 AM | #9 |
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All depends on if you trust what the seller tells you. If Thanh Do tells me the warranty is good to go, then I'm good to go. I don't think he's really a "gray" dealer though. David, Thanh Do and other TRF trusted sellers are a little more like brokers or middlemen. Jomashop is a gray dealer and I seriously doubt you'll get a Rolex warranty from them.
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26 February 2017, 02:57 AM | #10 |
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5 year warranty
I bought an ap offshore from a grey market dealer and had a problem with it and they sent it back to ap and repaired quickly. They get watches direct from ad and can discount them more than manufacturer allows. Manufactures force watches down ads throats that they cant afford or dont want and grey market ddealers heip tbe to reduce inventory.
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26 February 2017, 04:07 AM | #11 | |
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Maybe there are "shades of gray" in terms of how the watches are sourced and relationships of the sellers to ADs but gray is gray..... and with gray come some risks. The trick is to minimize those risks and this is where the reputation gained here by some of our trusted sellers is so important. Also why folks must keep letting us all know which trusted sellers have done well by them and which have let them down. |
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26 February 2017, 04:12 AM | #12 | |
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I love the trusted sellers we have here... But, the definition of Grey Market is a market that is not officially authorized by the factory. That means they can't get allocations directly, and I can't complain to Rolex USA or Rolex SA because of a purchase gone wrong. |
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26 February 2017, 04:49 AM | #13 | |
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I mean we're not talking about a purchase gone wrong here (as you put it), were talking about warranties. The definition of Grey Dealer has been all Over the board in the past, but the typically a gray dealer provides a brand new watch with all the original packaging, minus the warranty card and corresponding warranty. You can easily buy from a trusted seller on TRF that comes with your name on the warranty card and a valid/active warranty. |
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26 February 2017, 04:54 AM | #14 |
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Sellers here are resellers with watches bought directly from ADs and unworn. Grey implies more that it has no warranty from Rolex, or it's imported illegally and no taxes were paid.
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26 February 2017, 05:02 AM | #15 |
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The definition of Grey Market is not grey. As much as I want to put our trusted sellers in a different bucket than Jomashop or Watchmaxx. Thankfully, our trusted sellers aren't large businesses, so they're able to provide us with AD stamped warranty cards without Rolex cracking down like they would if Jomashop did that on the regular.
Grey Market is defined by a market that isn't factory authorized. Period. There's no grey area in that definition. :) |
26 February 2017, 05:10 AM | #16 |
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Guys-
My understanding, from Rolex, is unless an AD is willing to say "I sold that watch to that man (or woman)" the validity of the warranty is at risk. It says so right on the warranty card. Risk does NOT mean Rolex will not honor it. As we all know, most often they will. But, it is not an absolute certainty and if a "dialogue" ensues between the buyer and Rolex, the buyer may be disappointed. If the trusted seller who sources the watch as pristinely as the above posts detail has his AD willing to stand behind him in the manner described above (unlikely) then all is great. But, if the AD won't do it then the watch's warranty is at risk. This is a never ending discussion here and one where we will likely never reach a full consensus. But since people who are looking at spending thousands of dollars are using what they read here as a significant component of their due diligence I think we should try to provide them with the most accurate information possible. |
26 February 2017, 05:40 AM | #17 | |
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As long as the warranty is scanned by the AD and activated, it is valid. |
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26 February 2017, 06:33 AM | #18 |
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Know what ad from
The thing is i know exactly what ad the watches are coming from to the reseller
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26 February 2017, 06:56 AM | #19 | |
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What I am about to describe is what I do. And, for me, it works very satisfactorily. I do not suggest, recommend or propose anyone else do as I do. I am just reporting my own practice. When I decide to make my purchase from an AD, it is "game over," so to speak in terms of the warranty and any concerns. Easy...... When I decide to use a trusted seller (of which we have many to choose from) who is claiming his watch is "brand new," I ask for a warranty card in my name, stamped and swiped by a US AD, dated on the date of the shipment to me. If the watch has been pre-owned, I ask for a valid, stamped, dated and swiped warranty card. Preferably with the original owner's name visible but it is not a deal breaker if it is obliterated. IMPORTANT: In both situations I then ask the trusted seller to provide me with an additional "side letter" assuring me that in the event Rolex will not honor the warranty, for whatever reason, they will cover the cost of any necessary service while under warranty. Essentially, I am asking the trusted seller for their own warranty in addition to the one they are providing from Rolex. It never fails.....for whatever reason (figure it out for yourself) there are those who will do it and those who won't. I make my purchase from those who do. Interested in all your thoughts. But, you are not likely to change my practice. As they say, "works for me." |
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26 February 2017, 08:08 AM | #20 | |
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26 February 2017, 08:12 AM | #21 |
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26 February 2017, 11:07 PM | #22 | |
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27 February 2017, 12:29 AM | #23 |
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Yes. just bought from a grey here. Dated but unsigned card. Just shy of 5 months left on the warranty.
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27 February 2017, 12:38 AM | #24 |
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Yes my watch came via a 'grey' dealer with full 5 year warranty and the card in my name. The watch had to go back to Rolex for a warranty tweak so I know it's all good.
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27 February 2017, 01:04 AM | #25 |
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Yes
IMO that grey market it's connected with AD! Without AD can't exist! |
27 February 2017, 04:19 AM | #26 |
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Yes, my 116619LB from watchexpress
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Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711. |
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