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14 July 2011, 03:05 AM | #1 |
"TRF" Member
Join Date: Mar 2011
Real Name: Alan
Location: Bay Area, CA
Watch: SubC Date
Posts: 676
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No worries. We still have TRF sellers.
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14 July 2011, 04:39 AM | #2 |
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Real Name: TSW
Location: Le Brassus
Watch: Rolex & AP's
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Totally BS!
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14 July 2011, 10:21 AM | #3 |
"TRF" Member
Join Date: Nov 2010
Location: Australia
Posts: 197
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I remembered my AD here said something along the line that Rolex is trying to mimic the Louis Vuitton practise; less number of ADs and no discounts. He did acknowledge that it would be hard for the AD to do that knowing how strong the AUD dollar is. So at least at my AD, he's still willing to provide discount for the SS model (7-10%). Still not good enough though...
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14 July 2011, 10:30 AM | #4 |
"TRF" Member
Join Date: Dec 2008
Real Name: Peter
Location: Canada
Watch: You know... Rolex
Posts: 1,520
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I am not sure how Rolex would control this no discount policy. My AD told me mont blanc would not allow them to sell there product should they discount. That sounded like to me.
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14 July 2011, 10:35 AM | #5 |
"TRF" Member
Join Date: Apr 2007
Real Name: Nikos
Location: Florida
Watch: Rolex GMT 16750
Posts: 8,418
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Just like all buyers are starting to see that AD's are not discounting and if they are its very little so to are all 2nd hand and grey dealers. The supply of cheap watches has gone and dealers cannot replace them at even what they sold for a few months ago on desirable models. I can tell you the forum selling prices on almost all occasions is the same or even cheaper than what dealers sell for and buy at watch shows.The best deals are right in the sales section. Don't take my word for it go to any watch show and see what watches are trading hands for amongst dealers and compare to the forum.
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14 July 2011, 11:42 AM | #6 |
"TRF" Member
Join Date: May 2011
Location: Sydney
Posts: 2
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I'm in Sydney too and AD prices in here is just absolutely BS and rediculous, how can they have SubC RRP for $9645 and no discount, after having my Coke GMT2 for over 12 years, I've been very itchy to get either a SubC or wait for the new EXP2, but just plain too expensive these days, more than double the price of my GMT2, this is horrible ...
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14 July 2011, 11:48 AM | #7 |
"TRF" Member
Join Date: Feb 2009
Real Name: Junkyard Dog
Location: The Doghouse
Watch: I can't tell time
Posts: 6,822
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That's not what DavidSW told me.
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14 July 2011, 12:28 PM | #8 |
"TRF" Member
Join Date: Dec 2010
Location: New York City
Posts: 249
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i only buy form TRF! What's an AD?!
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14 July 2011, 12:56 PM | #9 |
"TRF" Member
Join Date: Feb 2010
Real Name: Ryan
Location: Michigan
Watch: SS Yachtmaster
Posts: 87
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I was just going to post the same topic. I went to my AD today. He actually had two SS Daytonas in the back, one white and one black. He offered me them at list price since I purchased from them before. After some small talk he brought up how they won't be able to do discounts soon. He said it was something that Rolex was pushing. Places like Tourneau have held firm on pricing for years on the sport watches. He also mentioned another price increase so who knows how accurate his info is.
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14 July 2011, 01:52 PM | #10 | |
"TRF" Member
Join Date: Feb 2011
Location: Australia
Posts: 2,458
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Quote:
Sent from my GT-I9100 using Tapatalk |
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14 July 2011, 02:29 PM | #11 |
Member
Join Date: Dec 2006
Location: Oztralia
Watch: Rolex, SINN
Posts: 618
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14 July 2011, 09:51 PM | #12 |
"TRF" Member
Join Date: Feb 2011
Location: Australia
Posts: 2,458
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15 July 2011, 12:20 AM | #13 |
"TRF" Member
Join Date: Mar 2011
Location: Australia
Posts: 7
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Putting aside any possible politburo orders from Rolex re discounting; generally living in Australia = getting ripped. lol
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15 July 2011, 09:03 AM | #14 |
Member
Join Date: Nov 2010
Location: Michigan
Posts: 592
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Just ask why you should buy from them when you can walk into any Rolex dealer and get the same price.
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15 July 2011, 11:46 AM | #15 |
"TRF" Member
Join Date: Jun 2011
Real Name: Mark
Location: Sydney
Watch: DJ41 TT Champagne
Posts: 517
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I went into the Hour Glass a few weeks back before a brief holdiday in Fiji. Not very impressed with sales staff. Bought SDDS in Fiji at a pretty nice price and am completely happy I did.
Australian retail is starting to get what it deserves for having ripped us all off for so many years. |
16 July 2011, 07:20 AM | #16 |
Banned
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Location: Netherlands
Watch: net
Posts: 60
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here's the deal... AD's give you a new brand new rolex with a rolex factory warrantee (not to mention you know all the parts are real). However, they are required to charge you retail price (no discounts!). The non authorized dealers, like online discount stores, can in fact give heafty discounts (depending on the demand of the product), however, the warrantee if there is any, does not come from rolex. it comes from the website selling it.
One trick, is to bring an old watch to an AD and do a "trade-in". If you work with them, that is a sneaky way for them to chop down the price on a rolex. Ie. the will weight the trade in, in your favor, thus purchising it for more than it is worth - in turning giving you a hidden discount. As well, I have heard of AD's giving like a 300 rebate... urgh |
16 July 2011, 07:54 AM | #17 |
"TRF" Member
Join Date: Feb 2011
Real Name: Kyle
Location: East Coast, USA
Watch: 116610
Posts: 74
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Just got back from the US Basel World 2011 Rolex event in New York. This "No Discount" rule is true. This may not happen immediately due to lack of compliance by some AD's, but over the next year or so, discounting will cease to exist.
Your friendly AD, Kyle |
16 July 2011, 08:17 AM | #18 |
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Location: Australia
Watch: Rolex.Tudor.PAM
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Kyle, I'm taking your word on this. But, it will be interesting to see how long this lasts. I do not envy you AD's when this is enforced.
Potentially sales could be lost to brands both North & South of the Rolex price point, where a discount regardless of how small or large could clinch the sale. Good luck in the future. |
16 July 2011, 08:33 AM | #19 |
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Location: Boston, MA
Watch: Milgauss, PAM 359
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I was always told that discussion of discounts over the phone is out of bounds but in the store with cash in hand . . . different game.
The 10% I got on my Milgauss netted me a whopping 3.75% after taxes. If they're going to play the no discount game, TRF will be the place to buy a Rolex. |
16 July 2011, 09:08 AM | #20 | |
"TRF" Member
Join Date: Feb 2011
Real Name: Kyle
Location: East Coast, USA
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Quote:
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16 July 2011, 10:23 AM | #21 | |
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Real Name: Eric
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Quote:
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16 July 2011, 10:29 AM | #22 |
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Join Date: Jul 2009
Real Name: Christiaan
Location: Fort Mill, SC
Watch: 67' Breitling Navi
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This may just push people to other brands...
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16 July 2011, 10:46 AM | #23 |
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Real Name: Mark
Location: Seattle-ish
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16 July 2011, 05:28 PM | #24 |
Member
Join Date: Jul 2011
Real Name: mark pearce
Location: australia
Watch: PO, 20000ft Diver
Posts: 170
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I'm in Adelaide and we only have the one AD who sells both Rolex and Omega. No hope getting too much discount there I reckon. I will definately be looking to one of the trusted sellers here. Have to look into the import duties properly first and do my sums.
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17 July 2011, 02:52 AM | #25 |
"TRF" Member
Join Date: Apr 2010
Real Name: Dave
Location: Canada
Watch: Submariner
Posts: 2,080
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I'm waiting for the new Explorer11 to arrive and hope I get my 25% discount before Rolex starts enforcing the "no discount policy".
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17 July 2011, 03:01 AM | #26 |
Banned
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Real Name: Juan
Location: Ponce, PR
Watch: Your Butt
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Here in PR they used to never discount SS and now they do.
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17 July 2011, 09:37 AM | #27 |
"TRF" Member
Join Date: Dec 2008
Location: Australia
Posts: 446
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This only thing Australian ADs are good for is so you can try on the watches to see how it looks on your wrist before buying overseas :D
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17 July 2011, 11:08 AM | #28 |
"TRF" Member
Join Date: Aug 2008
Real Name: Randy
Location: US
Watch: rolex
Posts: 153
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At the AD I went to there was no discount to be had by me so I went to another AD that would. If Rolex were to choose absolutely no discount across the line, then I would move to another brand.
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17 July 2011, 12:14 PM | #29 |
"TRF" Member
Join Date: Feb 2011
Real Name: Kyle
Location: East Coast, USA
Watch: 116610
Posts: 74
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This discount issue seems to be a dong swinging contest... This removal of a discount is a great thing actually, you get to obtain a jeweler or salesman you like because of their actual service to you, not because they let you shove your meat in their O ring just to make a sale. A Rolex is a luxury, and no discount is actually needed. A huge benefit to this is the resale value of your watch down the road! A discount is a nice thing yes, but it has rapidly become a right instead of a privilege. For some reason people feel they should be able to get a huge discount, but make the appraised value back at time of sale from consumer to consumer, or consumer to business.... How does that make any sense whatsoever. And if you really want to take Rolex to court over this "no discount" issue than go right ahead... And good luck finding a quality lawyer that will discount
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17 July 2011, 01:49 PM | #30 |
"TRF" Member
Join Date: May 2010
Real Name: Don
Location: Moosic PA
Watch: King Midas & Subma
Posts: 1,159
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Hasn't this always been Rolex's policy? Fifteen years ago there were two Rolex AD's in town, then one lost their franchise when he was caught by Rolex discounting. (On the first offense they gave them a warning, but then they caught them a second time, and pulled the line). That was 15 years ago, so how has the policy changed?
The remaining AD is careful in offering discounts, but if he knows you he will discount. I know this because I referred a friend to go there looking for a Rolex, and the AD would not even discuss a discount with him. I went back with him a week later, and he got a discount. The AD at that told us he had to be careful because Rolex sometimes checks to see if ADs are discounting. |
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