AD suggest me to pay more to be priotized for SS BLRO

[ALF61]

Originally Posted by tanotran

My brother just paid extra $200 for the SS sub date at the same AD to skip the line and he got his watch after 1 month of waiting. I guess AD knew when the watch arrive and he offered.

What is he waiting for to send a letter of complaint to Rolex with a copy of the invoice ? ADs are prohibited from doing that, unless he is ok with that ?

[tyler1980]

Originally Posted by ALF61

What is he waiting for to send a letter of complaint to Rolex with a copy of the invoice ? ADs are prohibited from doing that, unless he is ok with that ?

if i was the salesman i would take payment in cash and not invoice it. That would be dumb. Both for the AD and the salesman.

[dardeca]

Rolex AD's in Singapore used to sell SS Daytonas and other hard to source watches well above retail prices. I believe Rolex Singapore finally put a stop to that a few years back.

[Mephist]

Sounds to me like this is your local AD?

[chad362wiley]

Do it.

[ROLEXster]

I guess it's like anything else ... money talks.

- give a Club doorman a tip will bypass a long line-up
- tip a Vegas show person that sits you will get you front row seats
- give kick backs to a buyer will net you way more sales

Now, have to bribe AD sales rep to get Daytona C.
It's pathetic ... hope they don't go this route.

[lord91]

Originally Posted by J!m

...and then send a copy to Rolex Geneva.

Grab your popcorn and see how long they remain an AD.

This

[AK797]

We've heard that even in Asia Rolex are stopping this practice so I would report this AD, Rolex don't want these unofficial auctions/bribes going on, completely undermines the brand and their pricing structure.

[oldman2005]

Seeing that you're at Hanoi, I'd only pay the $2K when getting the watch otherwise it would be a case of some sale person selling you a slot in a faked list, people got killed for less than $100 over there where life worth little. Good luck!

[WJGESQ]

Originally Posted by cvera

That's insane. I wouldn't expect an ad to try and pull that type of price gouging.

Is that what the greys--trusted sellers do, highest bidder so to speak?

[ALF61]

Originally Posted by tyler1980

if i was the salesman i would take payment in cash and not invoice it. That would be dumb. Both for the AD and the salesman.

Ok maybe he is from one of those places in a third world country I understand.

[MinMay]

I'll give you 3K and I'll take your spot :) . I need to visit Hanoi Rolex

[tanotran]

Originally Posted by MinMay

I'll give you 3K and I'll take your spot :) . I need to visit Hanoi Rolex

To be clear, AD said I could be priotized but not be on the 1st spot. I guess AD offer that to everyone. So everyone gonna give them 2k to get the watch sooner than the one who doesn't. Also, they don't even call you by the list order. Their boss decide who to call and tell them to pay 2k. If they don't agree, AD will call others.

[tanotran]

Originally Posted by Mephist

Sounds to me like this is your local AD?

Very funny, sir

[acfcheung]

In Hong Kong, many ADs charge above retail. Sad, but what are they supposed to do with their business with the current state of the SS sport models? Rent in HK is insanely high...

Disclaimer: I do not work at an AD.

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[jvd99]

No problem, give it to him in pennies

[bob78h]

Haven't experienced this in the US but for the hard to get watches the AD's near me have a closed list. Only way to get on the list is to buy several other watches from them. So I guess its a similar idea in a way. If you want the watch now and don't mind paying over retail I would do it -- not any different from paying a premium on the grey market. It sucks but that seems to be the current state of the market.

[BLNR Nairobi]

1. US$2,000 extra to get it now is a yes. Why? Because it is cheaper than (a) buying at the current TS premium and (b) buying bundled with a gold watch, and it is also (c) cheaper from the perspective of time ...my time is important, and being on waitlist for years is not for me.

2. US$2,000 extra to get your position raised on a list (which could mean anything ...anything ...) is a very STRONG no. You’re currently #21 on the list as per your post, and the money may only take you to number 15 or who knows what. Even number 5 on the list could mean a two year wait.

So, if it’s 1 then yes. If it’s 2 then no.

[tanotran]

Originally Posted by BLNR Nairobi

1. US$2,000 extra to get it now is a yes. Why? Because it is cheaper than (a) buying at the current TS premium and (b) buying bundled with a gold watch, and it is also (c) cheaper from the perspective of time ...my time is important, and being on waitlist for years is not for me.

2. US$2,000 extra to get your position raised on a list (which could mean anything ...anything ...) is a very STRONG no. You’re currently #21 on the list as per your post, and the money may only take you to number 15 or who knows what. Even number 5 on the list could mean a two year wait.

So, if it’s 1 then yes. If it’s 2 then no.

Thanks for your advice.

Actually, they offered me that to see my reaction if I'm willing to pay extra for the watch. It means paying extra when I buy the watch. If I'm happy to pay, they would call me before calling the one who doesn't want to pay extra (could be people in VIP list).

But it's just my guess.

So my only option at the moment is waiting.

[Rolex Essex]

FFS! Youre in Vietnam right?
They'll do anything 'under the table'.

[tanotran]

Originally Posted by The Nail Tech

FFS! Youre in Vietnam right?
They'll do anything 'under the table'.

Yeah true.

Maybe I need to see the manager and give him $2k in cash. Then I'll be number 1 on the list

[VicLeChic]

I wouldn't do it because I can wait. So it depends on how badly you want it.

[tyler1980]

You do have to see both sides. As long as people remain impatient and feed the secondary market you really can’t blame an AD for getting in on the action. They could ask for more anyway in one form or another (bundling or inflated RRP or spend requirements to get a watch at retail).

They are simply reacting to what people have already indicated they will pay. Stop buying secondary market watches all together and it would stop. That’s on us, not the AD

It’s like stopping drug use by reducing drug users through effective treatment vs going after the supply. It’s more effective because as long as there is demand then someone will find a way to supply it. The watch is the drug and we all need secondary market rehab

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[tanotran]

Originally Posted by tyler1980

You do have to see both sides. As long as people remain impatient and feed the secondary market you really can’t blame an AD for getting in on the action. They could ask for more anyway in one form or another (bundling or inflated RRP or spend requirements to get a watch at retail).

They are simply reacting to what people have already indicated they will pay. Stop buying secondary market watches all together and it would stop. That’s on us, not the AD

It’s like stopping drug use by reducing drug users through effective treatment vs going after the supply. It’s more effective because as long as there is demand then someone will find a way to supply it. The watch is the drug and we all need secondary market rehab

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Thanks for your advice.

I always say no with grey market, re-selling, buying or selling position on the list.

I don't blame AD for charging extra. In current state of the market, they have to do it to remain their business. I'm willing to pay extra to get the watch after a year or sooner.

[wytrader]

I've commented before on all the people that are very against paying above MSRP at greys or AD's. Grey asking price at the moment seems to be 2x the AD price for the watch in question. If you value the watch more than what you would pay I would rather buy straight from the AD then grey. Many here have buying history and would never need to pay extra but like you state you don't. If paying the 2k gets you the watch you want then why not? It is not your fault demand and supply for this watch are so far apart. At 2k above MSRP I really believe you could wear it for a year or two and trade it for the new hot watch at the time for more than you pay now.

[tyler1980]

Originally Posted by wytrader

At 2k above MSRP I really believe you could wear it for a year or two and trade it for the new hot watch at the time for more than you pay now.

100% why we are in this situation at all. Speculation and the expectation of zero depreciation even at above retail. It’s a vicious cycle


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[AK797]

Originally Posted by tyler1980

You do have to see both sides. As long as people remain impatient and feed the secondary market you really can’t blame an AD for getting in on the action. They could ask for more anyway in one form or another (bundling or inflated RRP or spend requirements to get a watch at retail).

They are simply reacting to what people have already indicated they will pay. Stop buying secondary market watches all together and it would stop. That’s on us, not the AD

Sent from my iPhone using Tapatalk

I don't think the grey market is the issue, those that buy at premiums are actually genuine buyers and should have an avenue available to them. The problem is that when genuine demand rose, supply should have risen to meet it, but it didn't ofc and so it led to higher prices, but then that drew in the flippers who then flooded the market. So eliminating flippers at the AD level is still the best policy, other than price and supply changes.

Letting some ADs overcharge and some not is a terrible policy and certainly not advocated by Rolex. At least bundling at an AD's discretion looks better.

[supersam80]

Originally Posted by oldman2005

Seeing that you're at Hanoi, I'd only pay the $2K when getting the watch otherwise it would be a case of some sale person selling you a slot in a faked list, people got killed for less than $100 over there where life worth little. Good luck!

Ignorant comment. The murder rate in a certain western country is nearly four times that of Vietnam.

To the OP, if you love the watch $2k is not a huge premium given the current climate

[brandrea]

I refuse to pay over list so I’m unhappy to wait

[S-F]

There's the list, the VIP list and then the actual list. Then they sell to the grey market when the watches come in but rest assured, you're on "the list". :)