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Old 7 January 2023, 12:10 AM   #91
Tricolore66
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Then the question will be whether to buy new at MSRP from an AD, or "LNIB" for a 20% discount from a grey dealer. Those days weren't ancient history and they will be here again, and possibly sooner than most expect.

As soon as the secondary market dips below MSRP, a LOT of buyers will drop off the AD lists. Everybody wants a Rolex when you can effectively wear it for free, or even make a buck. A lot of those guys won't be in the game once the gig is up.


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Originally Posted by temporarychicken View Post
To be fair, the OP's strategy will ultimately work.

At some point the market will be at or below retail again, and stock will be held at the AD for this piece.

Then they will sell it to him.

This could be three months or three years but it will eventually happen.
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Old 7 January 2023, 12:25 AM   #92
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OP, congrats on your new Rolex. you did the right thing. wear it in great health.

for future reference, three years is a very long time to be waiting for pretty much any Rolex and there is no watch that is worth that much time and effort ("checking in" every 6 weeks at the AD)

in some cases, going grey is the way to go.
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Old 7 January 2023, 12:37 AM   #93
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Originally Posted by datdude321 View Post
Wow, great replies and feedback! The AD is Kempf in Indialantic for those that asked.. I'm starting off my collection that I'll give my son one day, so will continue to frequent the local AD, but also reach out to the AD in Boca I bought my BB 58 from. So, after getting feedback here and a little kick in the ass by yall I went to DavidSW and came home with my first Rolex!! Pepsi GMT in excellent shape with the full set included. Also got it under what they were asking after some good conversation with the guys. I'm so stoked right now!!
You should swing by your AD wearing your Pepsi and find a way to subtly drop that you bought this one while you were waiting for them to come through with your YM. Then ask for a timeframe for when it might come through. Then change your check in status to every 4-6 months

This will let them know that a) you have money to spend, b) you're not a flipper cause you've already bought something above retail, and c) that you're still interested.

I'm of the opinion that its never worth it to burn a bridge for a petty, especially with the market correcting and you may soon be able to pick up some new pieces from the case directly
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Old 7 January 2023, 12:57 AM   #94
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Originally Posted by Tricolore66 View Post
Then the question will be whether to buy new at MSRP from an AD, or "LNIB" for a 20% discount from a grey dealer. Those days weren't ancient history and they will be here again, and possibly sooner than most expect.

As soon as the secondary market dips below MSRP, a LOT of buyers will drop off the AD lists. Everybody wants a Rolex when you can effectively wear it for free, or even make a buck. A lot of those guys won't be in the game once the gig is up.
If that’s the case Rolex CPO will be much more attractive than the grey. I’m sticking with my AD either way.
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Old 7 January 2023, 02:32 AM   #95
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Originally Posted by classicalthunder View Post
You should swing by your AD wearing your Pepsi and find a way to subtly drop that you bought this one while you were waiting for them to come through with your YM. Then ask for a timeframe for when it might come through. Then change your check in status to every 4-6 months

This will let them know that a) you have money to spend, b) you're not a flipper cause you've already bought something above retail, and c) that you're still interested.

I'm of the opinion that its never worth it to burn a bridge for a petty, especially with the market correcting and you may soon be able to pick up some new pieces from the case directly
In my experience, never ever let the AD be privy to your dealings. Rather than your a-b-c above, this is what the Dealer sees:
a) You're not loyal to them, you're willing to go grey. (An SA told me to my face, referring to another buyer but clearly inferring I would be in the same category should I stray from the fold.)
b) You bought a used watch and don't want the dealer experience. Why should they sell you a new one?
c) The fact that you spent money means nothing. You didn't spend it with them.

So whatever you do, don't wear it when visiting or even send your SA a pic of the GMT as if to say "Sorry, could have been you!" They will see it as "Well... I'll delete that client from my list."

You're still a mere minnow until you're giving the entire staff Tequila Tastings on a regular basis.
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Old 7 January 2023, 02:35 AM   #96
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Originally Posted by datdude321 View Post
Wow, great replies and feedback! The AD is Kempf in Indialantic for those that asked.. I'm starting off my collection that I'll give my son one day, so will continue to frequent the local AD, but also reach out to the AD in Boca I bought my BB 58 from. So, after getting feedback here and a little kick in the ass by yall I went to DavidSW and came home with my first Rolex!! Pepsi GMT in excellent shape with the full set included. Also got it under what they were asking after some good conversation with the guys. I'm so stoked right now!!
Good call OP. Congrats! And awesome watch.
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Old 7 January 2023, 02:39 AM   #97
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Originally Posted by Tricolore66 View Post
Then the question will be whether to buy new at MSRP from an AD, or "LNIB" for a 20% discount from a grey dealer. Those days weren't ancient history and they will be here again, and possibly sooner than most expect.

As soon as the secondary market dips below MSRP, a LOT of buyers will drop off the AD lists. Everybody wants a Rolex when you can effectively wear it for free, or even make a buck. A lot of those guys won't be in the game once the gig is up.
No one knows for sure. And you could be right. But I think we are a long ways away from that, if it even happens.
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Old 7 January 2023, 03:16 AM   #98
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I’m in a similar boat …but I have bought other things…and still not getting any calls. So don’t spend just yet assuming it will change your situation.

Frustrating …and Probably during my next visit I will give the manager a word and move on to a different store.
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Old 7 January 2023, 08:52 AM   #99
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Already seeing steel DJ’s around MSRP at grey dealers, and it’s just a matter of time. The ONLY Rolex’s that were hard to get at MSRP 4 years ago were steel Daytona’s and to a lesser extent GMT’s. Every other model became the “next best option” as the market went crazy, until you couldn’t find anything at AD’s. All of those “next best option” pieces will be the first to drop, as they are now. I’m confident that we’ll see DJ’s and some other models in stock by 4th quarter 2023.

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No one knows for sure. And you could be right. But I think we are a long ways away from that, if it even happens.
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Old 7 January 2023, 09:06 AM   #100
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It’s sort of like when my wife brings pumpkin pie home from the supermarket, and then won’t let me eat it.

What are we supposed to do with this, just look at it?


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Old 7 January 2023, 09:13 AM   #101
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In my experience, never ever let the AD be privy to your dealings. Rather than your a-b-c above, this is what the Dealer sees:
a) You're not loyal to them, you're willing to go grey. (An SA told me to my face, referring to another buyer but clearly inferring I would be in the same category should I stray from the fold.)
b) You bought a used watch and don't want the dealer experience. Why should they sell you a new one?
c) The fact that you spent money means nothing. You didn't spend it with them.

So whatever you do, don't wear it when visiting or even send your SA a pic of the GMT as if to say "Sorry, could have been you!" They will see it as "Well... I'll delete that client from my list."

You're still a mere minnow until you're giving the entire staff Tequila Tastings on a regular basis.
Why would anyone want to do business with a "dealer" like that?

Pure and Total BS.

I'd go rub it in their face too.

OP, you did the right thing going to DavidSW. I'd do the same if I was looking. ADs created places like DavidSW - so...who cares. They have the goods - you pay a little more and get what you want.

Now you have a watch. Think, you could have randomly died in those three years worth of the AD jerking you off.

Congrats on a sweet watch.
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Old 7 January 2023, 09:35 AM   #102
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Quote:
Originally Posted by amh View Post
In my experience, never ever let the AD be privy to your dealings. Rather than your a-b-c above, this is what the Dealer sees:
a) You're not loyal to them, you're willing to go grey. (An SA told me to my face, referring to another buyer but clearly inferring I would be in the same category should I stray from the fold.)
b) You bought a used watch and don't want the dealer experience. Why should they sell you a new one?
c) The fact that you spent money means nothing. You didn't spend it with them.

So whatever you do, don't wear it when visiting or even send your SA a pic of the GMT as if to say "Sorry, could have been you!" They will see it as "Well... I'll delete that client from my list."

You're still a mere minnow until you're giving the entire staff Tequila Tastings on a regular basis.
I agree with some but not with all. I think you said a few that you have been trying to get watches from numerous dealers over the past years and have not been able to?
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Old 7 January 2023, 10:06 AM   #103
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my oh my. maybe sing and dance for them?
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Old 7 January 2023, 10:13 AM   #104
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Should be obvious by now that you need to buy other things from them. You can either keep doing what you are doing hoping for the best, throw money at them on non-Rolex things, go grey.
End of thread. Pretty much answer all your questions.
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Old 7 January 2023, 10:27 AM   #105
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Congratulations OP. Nice to see a happy ending and a great timepiece!
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Old 7 January 2023, 02:00 PM   #106
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I am tomorrow about the Daytona. Need to know where I stand or I will pivot, will let you know how it goes.
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Old 7 January 2023, 02:48 PM   #107
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You've just guaranteed the AD will be calling you tomorrow telling you your YM is in!

That GMT is gorgeous, congrats my friend !
Which is why it’s good he bought a five digit… no chance of being stick with two of the same.
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Old 7 January 2023, 02:56 PM   #108
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After three years I’d just move on to see thing else
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Old 7 January 2023, 03:03 PM   #109
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Great to see that you have an outcome that you were happy with. DavidSW is amazing. I have bought from him before.

Please be mindful of the other side of the transaction from the business side. Supply does not meet demand by quite a large margin in the past few years. Who knows in the future. Though as a business owner, if you had constrained supply you would sell the merchandise to your most valuable customers first and foremost. Anything else would be a poor business decision.
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Old 8 January 2023, 11:19 AM   #110
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Three year wait without the call is wild! Now that you've got the GMT (congrats!), are you still considering the YM?
Yes I am, I just think the dial and blue hands are so unique and its been on my radar for so long..
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Old 8 January 2023, 11:21 AM   #111
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You are welcome! What made you decide to go GMT Over YM?
My first choice for Rolex was the Pepsi GMT, but knowing I couldn't get one from AD, I thought the realistic choice was the YM since it isn't a super desired piece. Once I posted here on RF and did some research, I saw this watch on DavidSW website and just YOLO'd it lol.
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Old 8 January 2023, 11:22 AM   #112
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You should swing by your AD wearing your Pepsi and find a way to subtly drop that you bought this one while you were waiting for them to come through with your YM. Then ask for a timeframe for when it might come through. Then change your check in status to every 4-6 months

This will let them know that a) you have money to spend, b) you're not a flipper cause you've already bought something above retail, and c) that you're still interested.

I'm of the opinion that its never worth it to burn a bridge for a petty, especially with the market correcting and you may soon be able to pick up some new pieces from the case directly
Great advice, thanks!
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Old 8 January 2023, 11:24 AM   #113
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I am tomorrow about the Daytona. Need to know where I stand or I will pivot, will let you know how it goes.
As follow-up, great conversation with AD, I will get a Daytona. Not tomorrow, maybe not in 3 months, but soon.
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