ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
13 January 2024, 11:06 PM | #31 |
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No. In fact, if AD's could charge more they would.
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13 January 2024, 11:51 PM | #32 |
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Maybe on less popular models and sizes. It will not happen on popular hard to get models.
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13 January 2024, 11:58 PM | #33 |
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I can’t see any discounts happening on Rolex anytime soon. Even if PM pieces are becoming easier to get, and they’re not flying out of the AD as quickly, most AD’s are still holding on to the fact that you couldn’t get a Rolex 1.5 years ago. That’s been my experience at least.
Have to say the rudeness and snobbery from sales associates hasn’t gotten much better either Sent from my iPhone using Tapatalk |
14 January 2024, 12:02 AM | #34 |
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I doubt it.
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14 January 2024, 12:06 AM | #35 |
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Yes. These things are mass produced in 4, soon to be 5, giant factories. Discounts will make their return
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14 January 2024, 12:10 AM | #36 |
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14 January 2024, 12:10 AM | #37 |
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No, I don’t think they will. I’m sure in the Rolex/AD agreement it clearly states that the AD cannot discount watches… especially now an AD wouldn’t want to risk losing their license to sell Rolex - it would just crush their revenue. Prob even bankrupt them.
If times get worse I can see ADs discounting on their other brands they carry Ie. Omega, JLC, IWC etc. just like the old days. Rolex doesn’t want to tarnish their brand. They want to keep the luxury persona. Sent from my iPhone using Tapatalk |
14 January 2024, 12:14 AM | #38 | |
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Quote:
Just wait until they start letting go some of their sales staff. This has started at my AD. Sent from my iPhone using Tapatalk |
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14 January 2024, 12:39 AM | #39 |
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There's been a paradigm shift in how Rolex is both seen as a brand and sold by ADs. Like any paradigm shift, proponents of the previous paradigm want things to "go back to normal" rather than accepting the new paradigm.
Could discounts happen again? Sure they could, but in my mind (and from a purely American perspective), it would take an unemployment rate of 10% to both slacken demand and flood the preowned market with safe queens being liquidated to raise cash. There is clear evidence that they're getting easier to obtain, with waits coming down to months rather than years for many models. I'm quite certain I could get a GMT of just about any flavor this year from my AD if I asked, and the new TT on jubilee is FIRE... |
15 January 2024, 08:21 PM | #40 | |
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15 January 2024, 09:16 PM | #41 |
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I don't need discounts.
I just want to buy a watch I want, off the shelf from the AD with no to little (1 month) wait. |
15 January 2024, 11:59 PM | #42 | |
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The TT on jubilee is absolutely fire! Sent from my iPhone using Tapatalk |
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16 January 2024, 12:01 AM | #43 |
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The short answer is highly unlikely. Trading prices on the secondary market are somewhat irrelevant as long as there are long wait times at ADs. Vast majority of those looking to buy a Rolex want to buy new from an AD.
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16 January 2024, 12:06 AM | #44 |
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I hope not.
Discounting is a bad look for a luxury brand |
16 January 2024, 12:34 AM | #45 |
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I will say even 41 datejusts fluted/jubilee are still quite hard to come by. I put my name down at 4 AD’s in Q3 2023. I was able to get one at one of them in November, but not the bracelet bezel/combo I wanted. I walked in one day and someone had just rejected it. I took it to get the ball rolling with the AD towards a different watch, but the other 3 keep telling me it’s hard to get.
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16 January 2024, 01:13 AM | #46 | |
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I agree with a few people here. I think discounts will come back, but don’t know when or how much.
The demand is also still much higher than 2019, which should be considered the last year that was not an outlier. There are healthy days-in-inventory but unless you were working in the back office 2019 and before, wouldn’t know. Quote:
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16 January 2024, 01:24 AM | #47 |
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As others have mentioned, discounts could probably be had for slower moving/lesser demand pieces. I suspect if there was something like a full diamond set Day Date in the showcase, I bet you could get something off MSRP.
Back in the 80's and 90's, people would laugh if you walked out of the store and paid MSRP. |
16 January 2024, 06:48 AM | #48 |
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Price increase more likely in the near future.
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16 January 2024, 06:55 AM | #49 |
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16 January 2024, 06:59 AM | #50 |
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Don't hold your breath. However, if you buy at list you're still saving about 50% over grays. HMMMM, not bad.
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16 January 2024, 07:28 AM | #51 |
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My guess is they would backdoor them out to grey dealers first rather than sell at discounts to end users openly.
This is happening with Grand Seiko, which was way too aggressive with price increases while riding a pandemic sugar high. All the ADs around me have said they have a strict no discount policy that GS is enforcing, but more and more of the watches are ending up on the grey market at substantial discounts. Even formerly popular models. Obviously the stock is coming from somewhere. |
16 January 2024, 09:17 AM | #52 |
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17 January 2024, 07:09 AM | #53 |
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I wouldn't expect discounts to start happening soon.
What I do see returning are bundle deals. Offer to buy a DD40, ask for a GMT/SS Daytona with it. That was what was happening for a while before the craze where PMs that used to go for big discounts grey were over MSRP. |
17 January 2024, 07:11 AM | #54 |
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17 January 2024, 07:55 AM | #55 |
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Guys it’s happening!!
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17 January 2024, 08:07 AM | #56 |
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I definitely don't think you'll be seeing discounts anytime soon. Maybe....long shot maybe...on some less desirable models or some PM models.
I think things could, over a longer time scale (5-10 years), go back to a place where more popular models could be discounted. Note I said "could" and not "will". If demand continues to decrease and watches start sitting in cases again then discounts will likely start happening. Will it ever get to the most popular models, Subs, GMTs, Daytonas....less likely but who knows what the future holds for Rolex demand. So many people speak as if the current state is the norm, but it's only been the norm for the last 7 years or so. For decades upon decades before that it was common to walk in, find cases full of watches, and you had a good chance of getting 10-20% off. I've told my story before of shopping in 2017 for a Sub and getting no discount at one AD only to go to another where I was able to get 15% off an 114060 just by asking and got to examine the two they had in stock to pick the one I wanted. That was less than 7 years ago. That's when the current market situation was just starting to happen. We shall see what the coming years bring. My hope is at least we'll start seeing watches in cases again and easy availability for all but the very most desirable watches. I miss those days, current situation kinda sucks. |
17 January 2024, 08:14 AM | #57 |
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Perhaps on watches that they struggle to sell, TT, MOP, 31mm Datejust. It would be a quiet unofficial discount if neccessary.
On the hard to get SS sports models, I don't think so. |
17 January 2024, 08:23 AM | #58 | |
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Quote:
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17 January 2024, 08:55 AM | #59 |
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Not a chance. They aren't your typical "corporate" structure with shareholders the company would normally be beholden to.
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17 January 2024, 11:02 AM | #60 |
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If an AD is sitting on 2 unsold white gold subs, the incentive is there. Simply unavoidable. That’s how one gets a discount.
I just want things to tighten to the point where I see proper customer service return with a need/desire to actually try to sell something. I don’t want a discount but I want them a little hungry.
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