ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

nylawbiz · 3 April 2009, 10:06 AM

Ok kids, an update:

Well, went to the AD today. When he greeted me, he said a salesperson sold the SDDS. He apologized, said he should have pulled it from the showcase (well, whatever). He did remove the Milgauss and the Daytona never was in the showcase. He said that he has another SDDS on order, and he expects it within 7-10 days.

He said the best he could do on the three is $20,500. I told him I really wanted to get it to be $20K out the door.

I told him I would call him tomorrow and let him know. I think I'm still sticking to the $20,000. I know it may seem petty to some, but if it is petty for me to want the $500 off, it's also petty for him to kill the deal over $500.00.

In any event, we agreed that if we make the deal, I would pick up all three at the same time, which he agreed. I figure that would give him the incentive not to sell any other one out from under me, while I am waiting for the SDDS to come in.

So that's where it stands. Looks like I'm not going to have the watches for another week or so. Good news for the life of this thread. It will keep going a while more.

Let's hear it: I'm sure there are comments readyt o be posted!

Thanks for your indulgence.

JayDH · 3 April 2009, 10:09 AM

I think that $20,500 is an incredible deal for those three watches. That is out the door including tax?

jdrolltide3838 · 3 April 2009, 10:11 AM

stick to your guns. He'll go for $20k

nylawbiz · 3 April 2009, 10:17 AM

Quote:

Originally Posted by JayDH

I think that $20,500 is an incredible deal for those three watches. That is out the door including tax?

He said he would ship out of state.

nylawbiz · 3 April 2009, 10:18 AM

Quote:

Originally Posted by jdrolltide3838

stick to your guns. He'll go for $20k

I agree!

JayDH · 3 April 2009, 10:53 AM

I think if you play hardball he'll go for 20k. Like you said, $500 isn't a deal breaker for either of you and you have the upper hand in the deal.

I thought you said you'd pick up the watches at the same time? How will you pick them up if he is shipping them out of state?

nylawbiz · 3 April 2009, 11:01 AM

Quote:

Originally Posted by JayDH

I think if you play hardball he'll go for 20k. Like you said, $500 isn't a deal breaker for either of you and you have the upper hand in the deal.

I thought you said you'd pick up the watches at the same time? How will you pick them up if he is shipping them out of state?

I should have said paid and shipped.

jdrolltide3838 · 3 April 2009, 11:02 AM

Think about it, who needs who more? He'll go for the $20k. Next time you talk to him, or go in there just let him know that. Don't let it drag out any further, let the next time you two talk be the last time the deal is discussed, with you either having 3 watches or still having $20k in the bank. Tell him for $20k out the door its a deal, if he cant do it for that then its fine by you. Put a little pressure on him, he'll cave.

dra44 · 3 April 2009, 11:05 AM

He owes you at least $500 for selling you out on the Deep Sea! I know he's getting you another one, but definitely stick to your guns.

jdrolltide3838 · 3 April 2009, 11:09 AM

At my local AD, there's been a Deepsea sitting in the display case for at least 3 weeks that I know of, possibly longer. Just put the ball in his court next time you go in, and make sure and do that. I wouldnt call or email; I would go in and look at the watches 1 more time and tell him the $20k offer is on the table until you walk out the door, then the deal is off. See what happens. Ill bet my new Breitling youll get the deal

Connoisseur · 3 April 2009, 11:56 AM

It must have been a let down when he told you the DSSD had been sold. I'd be annoyed. I do think he will meet you at $20k. But if he doesn't, I would still take the watches at 20.5. That's just me. That's still a killer deal and nothing to sneeze at.

nylawbiz · 3 April 2009, 01:02 PM

Quote:

Originally Posted by nylawbiz

He said he would ship out of state.

After some reflection, I decided that the sales tax will be paid on this transaction. It's the right thing to do. I don't want any bad karma!

Connoisseur · 3 April 2009, 01:08 PM

Quote:

Originally Posted by nylawbiz

After some reflection, I decided that the sales tax will be paid on this transaction. It's the right thing to do. I don't want any bad karma!

I don't see how saving yourself $800 could be bad?

nylawbiz · 3 April 2009, 01:13 PM

Quote:

Originally Posted by Connoisseur

I don't see how saving yourself $800 could be bad?

It's $1,600, and it would be tax evasion. Not going to do it. If I can afford these watches, and I can afford to pay my fair share of taxes. I really don't know what I was even thinking. I got caught up in the deal I guess.

GinGinD · 3 April 2009, 01:19 PM

Quote:

Originally Posted by Connoisseur

I don't see how saving yourself $800 could be bad?

He's a lawyer. He has to be careful about stuff like that. $1600 - not worth the headache if someone creates a stink.

Jeannie

nylawbiz · 3 April 2009, 01:24 PM

Quote:

Originally Posted by GinGinD

He's a lawyer. He has to be careful about stuff like that. $1600 - not worth the headache if someone creates a stink.

Jeannie

Honestly Jeannie, it's not worth it to anyone. If a buyer can't pay the sales tax thats due, then they shouldn't be making the purchase. Period.

So my response to the AD will be, I'll pay the sales tax, thank you. But sell it to me for $20K (plus tax).

Omega_Precision · 3 April 2009, 01:42 PM

Brian,

Glad everything went well at the AD except him selling the DSSD, which is kind of shady of him, when he offered it to you first. At least he has one on order for you.

dra44 · 3 April 2009, 01:54 PM

Don't you dare pay him the sales tax. At this point it's just the principle. Like I told you earlier, all he needs to do is ship the empty boxes out of state. It' a common practice among watch dealers. As far as a liability goes, it's his to collect it, not yours to pay it. If he's willing to ship and waive the taxes, you have no responsibility. It all goes back to him for not collecting tax. I know you think you're doing the "right thing", but you youself said that you work very hard to make $1000, and in this case, you'd be throwing away $1600.

Esquire · 3 April 2009, 03:08 PM

Quote:

Originally Posted by dra44

Don't you dare pay him the sales tax. At this point it's just the principle. Like I told you earlier, all he needs to do is ship the empty boxes out of state. It' a common practice among watch dealers. As far as a liability goes, it's his to collect it, not yours to pay it. If he's willing to ship and waive the taxes, you have no responsibility. It all goes back to him for not collecting tax. I know you think you're doing the "right thing", but you youself said that you work very hard to make $1000, and in this case, you'd be throwing away $1600.

You should really study up on tax use laws.

It is absolutely, without a doubt, on the buyer to pay those taxes.

Esquire · 3 April 2009, 03:15 PM

I'd like to know at what price he sold the SDDS.

If he sold it at better than what he originally figured in the deal, he might now have a stronger bargaining position.

Think about it. The SDDS is known to sit in windows for weeks at a time without even the slightest interest. If he just sold it at even a reasonable profit, let's say 15-20% under MSRP, then the bargaining position is considerably weakened, because that's the watch on which he was likely going to give the most margin.

I think $20,000 out the door, after tax, is going to be a hard sell at this point.

jdrolltide3838 · 3 April 2009, 03:23 PM

I can understand the AD selling the DSSD. Think about it, if you were sitting there needing to move things, you couldnt pass up on a solid offer because you offered it to someone who is thinking on it. What if you decided not to take it? He missed a sale and has to sit with it longer. That said, nothing at all with you wanting to think on it, especially with a $20k purchase. You just have to look at it from his point of view, he's looking for whats in his best interest. He'll make it right by offering you the very next one. Just stick to your guns on the $20k, he'll do it. Put the pressure on him. He's had those watches for longer than normal, so he needs the cash flow. Just let the negotiations come to an end, go in the next time and let the attitude be $20k take it or leave it, if I walk out of here without the watches today Im no longer interested; so do we have a deal? Watch and see, youll be walking out with 3 fantastic watches

seantk · 3 April 2009, 09:13 PM

Good luck. $20k + tax is still a fantastic deal!! The DSSD is an awesome watch!

Sean

Jimbits76 · 3 April 2009, 10:03 PM

Old stick in the mud Jimbo pops up...

What happens if somebody else comes into the AD and asks for a GV or Cos and wants to pay full retail? Will the Ad sell them?

J

Omega_Precision · 3 April 2009, 10:09 PM

It's the principles of selling.

This was a packaged deal and if one watch couldn't be replaced, it can throw off the deal. The AD is lucky he can get another DSSD but what if it was the Daytona he sold.

What the AD should have done was told the customer that the DSSD was pending and get the customer's info. If the deal didn't go through then he will get the call.

nylawbiz · 3 April 2009, 10:14 PM

Quote:

Originally Posted by Jimbits76

Old stick in the mud Jimbo pops up...

What happens if somebody else comes into the AD and asks for a GV or Cos and wants to pay full retail? Will the Ad sell them?

J

The sales mamanger (who I have been dealing with) said that another salesperson sold the SDDS by mistake. That's why he removed the Malgauss from the display case and kept the Daytona in the back.

rolexgiants · 3 April 2009, 11:02 PM

Quote:

Originally Posted by nylawbiz

The sales mamanger (who I have been dealing with) said that another salesperson sold the SDDS by mistake. That's why he removed the Malgauss from the display case and kept the Daytona in the back.

is this story really true???

Idle Swede · 3 April 2009, 11:13 PM

Quote:

Originally Posted by rolexgiants

is this story really true???

Of course it isn't.

rolexgiants · 3 April 2009, 11:21 PM

Quote:

Originally Posted by Idle Swede

Of course it isn't.

all this fuss for nothing.... lol

nylawbiz · 3 April 2009, 11:27 PM

Quote:

Originally Posted by Idle Swede

Of course it isn't.

I'm not sure what you are asking?

STEELINOX · 3 April 2009, 11:37 PM

Quote:

Originally Posted by nylawbiz

It's $1,600, and it would be tax evasion. Not going to do it. If I can afford these watches, and I can afford to pay my fair share of taxes. I really don't know what I was even thinking. I got caught up in the deal I guess.

good man, nothin wrong with doin your "fair share"
thats whats wrong with this country !

Thanks,
Randy

3 April 2009, 11:56 AM	#341
Connoisseur "TRF" Member Join Date: Sep 2008 Real Name: Chris Location: MD Watch: Rolex & PAM Posts: 204	It must have been a let down when he told you the DSSD had been sold. I'd be annoyed. I do think he will meet you at $20k. But if he doesn't, I would still take the watches at 20.5. That's just me. That's still a killer deal and nothing to sneeze at. __________________ 218238 Day Date II, 11661OV Hulk, 116520 SS WD Daytona, 116660 DSSD, TT Datejust, PAM 233, 232, 505, Breitling Montbrillant Olympus, Bentley GT wife's: 178384 SS Datejust WMOP/Diamond dial, 179171 TT RG Datejust, PAM 49

3 April 2009, 03:15 PM	#350
Esquire "TRF" Member Join Date: Mar 2009 Location: Gator Country Watch: GMT-II Ceramic Posts: 266	I'd like to know at what price he sold the SDDS. If he sold it at better than what he originally figured in the deal, he might now have a stronger bargaining position. Think about it. The SDDS is known to sit in windows for weeks at a time without even the slightest interest. If he just sold it at even a reasonable profit, let's say 15-20% under MSRP, then the bargaining position is considerably weakened, because that's the watch on which he was likely going to give the most margin. I think $20,000 out the door, after tax, is going to be a hard sell at this point. __________________ GMT-IIc, SMP, 312 Go Gators!

3 April 2009, 09:13 PM	#352
seantk "TRF" Member Join Date: Dec 2007 Real Name: Sean Location: West Florida Posts: 2,671	Good luck. $20k + tax is still a fantastic deal!! The DSSD is an awesome watch! Sean __________________ "Life is frittered away with detail... simplify, simplify!" Henry D. Thoreau

3 April 2009, 10:06 AM	#331
nylawbiz Member Join Date: May 2008 Real Name: Brian Location: New York Watch: too many Posts: 705	Ok kids, an update: Well, went to the AD today. When he greeted me, he said a salesperson sold the SDDS. He apologized, said he should have pulled it from the showcase (well, whatever). He did remove the Milgauss and the Daytona never was in the showcase. He said that he has another SDDS on order, and he expects it within 7-10 days. He said the best he could do on the three is $20,500. I told him I really wanted to get it to be $20K out the door. I told him I would call him tomorrow and let him know. I think I'm still sticking to the $20,000. I know it may seem petty to some, but if it is petty for me to want the $500 off, it's also petty for him to kill the deal over $500.00. In any event, we agreed that if we make the deal, I would pick up all three at the same time, which he agreed. I figure that would give him the incentive not to sell any other one out from under me, while I am waiting for the SDDS to come in. So that's where it stands. Looks like I'm not going to have the watches for another week or so. Good news for the life of this thread. It will keep going a while more. Let's hear it: I'm sure there are comments readyt o be posted! Thanks for your indulgence.

3 April 2009, 10:09 AM	#332
JayDH 2024 Pledge Member Join Date: Oct 2008 Real Name: Jay Location: Arlington, VA Watch: Milgauss Posts: 194	I think that $20,500 is an incredible deal for those three watches. That is out the door including tax?

3 April 2009, 10:11 AM	#333
jdrolltide3838 Member Join Date: Nov 2008 Real Name: J.D. Location: Roll Tide, AL Watch: SS Daytona Posts: 695	stick to your guns. He'll go for $20k

3 April 2009, 10:53 AM	#336
JayDH 2024 Pledge Member Join Date: Oct 2008 Real Name: Jay Location: Arlington, VA Watch: Milgauss Posts: 194	I think if you play hardball he'll go for 20k. Like you said, $500 isn't a deal breaker for either of you and you have the upper hand in the deal. I thought you said you'd pick up the watches at the same time? How will you pick them up if he is shipping them out of state?

3 April 2009, 11:02 AM	#338
jdrolltide3838 Member Join Date: Nov 2008 Real Name: J.D. Location: Roll Tide, AL Watch: SS Daytona Posts: 695	Think about it, who needs who more? He'll go for the $20k. Next time you talk to him, or go in there just let him know that. Don't let it drag out any further, let the next time you two talk be the last time the deal is discussed, with you either having 3 watches or still having $20k in the bank. Tell him for $20k out the door its a deal, if he cant do it for that then its fine by you. Put a little pressure on him, he'll cave.

3 April 2009, 11:05 AM	#339
dra44 Member Join Date: May 2008 Real Name: Dave Location: New Jersey Watch: 116523 White Dial Posts: 44	He owes you at least $500 for selling you out on the Deep Sea! I know he's getting you another one, but definitely stick to your guns.

3 April 2009, 11:09 AM	#340
jdrolltide3838 Member Join Date: Nov 2008 Real Name: J.D. Location: Roll Tide, AL Watch: SS Daytona Posts: 695	At my local AD, there's been a Deepsea sitting in the display case for at least 3 weeks that I know of, possibly longer. Just put the ball in his court next time you go in, and make sure and do that. I wouldnt call or email; I would go in and look at the watches 1 more time and tell him the $20k offer is on the table until you walk out the door, then the deal is off. See what happens. Ill bet my new Breitling youll get the deal

3 April 2009, 01:42 PM	#347
Omega_Precision Banned Join Date: Dec 2008 Real Name: Henry Location: CA, US Watch: ing basketball Posts: 2,977	Brian, Glad everything went well at the AD except him selling the DSSD, which is kind of shady of him, when he offered it to you first. At least he has one on order for you.

3 April 2009, 01:54 PM	#348
dra44 Member Join Date: May 2008 Real Name: Dave Location: New Jersey Watch: 116523 White Dial Posts: 44	Don't you dare pay him the sales tax. At this point it's just the principle. Like I told you earlier, all he needs to do is ship the empty boxes out of state. It' a common practice among watch dealers. As far as a liability goes, it's his to collect it, not yours to pay it. If he's willing to ship and waive the taxes, you have no responsibility. It all goes back to him for not collecting tax. I know you think you're doing the "right thing", but you youself said that you work very hard to make $1000, and in this case, you'd be throwing away $1600.

3 April 2009, 03:23 PM	#351
jdrolltide3838 Member Join Date: Nov 2008 Real Name: J.D. Location: Roll Tide, AL Watch: SS Daytona Posts: 695	I can understand the AD selling the DSSD. Think about it, if you were sitting there needing to move things, you couldnt pass up on a solid offer because you offered it to someone who is thinking on it. What if you decided not to take it? He missed a sale and has to sit with it longer. That said, nothing at all with you wanting to think on it, especially with a $20k purchase. You just have to look at it from his point of view, he's looking for whats in his best interest. He'll make it right by offering you the very next one. Just stick to your guns on the $20k, he'll do it. Put the pressure on him. He's had those watches for longer than normal, so he needs the cash flow. Just let the negotiations come to an end, go in the next time and let the attitude be $20k take it or leave it, if I walk out of here without the watches today Im no longer interested; so do we have a deal? Watch and see, youll be walking out with 3 fantastic watches

3 April 2009, 10:03 PM	#353
Jimbits76 "TRF" Member Join Date: Sep 2007 Location: UK Posts: 9,407	Old stick in the mud Jimbo pops up... What happens if somebody else comes into the AD and asks for a GV or Cos and wants to pay full retail? Will the Ad sell them? J

3 April 2009, 10:09 PM	#354
Omega_Precision Banned Join Date: Dec 2008 Real Name: Henry Location: CA, US Watch: ing basketball Posts: 2,977	It's the principles of selling. This was a packaged deal and if one watch couldn't be replaced, it can throw off the deal. The AD is lucky he can get another DSSD but what if it was the Daytona he sold. What the AD should have done was told the customer that the DSSD was pending and get the customer's info. If the deal didn't go through then he will get the call.

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)