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Sose · 20 July 2010, 10:17 PM

...and then what?

I have decided I will get the GMT IIc and it will be this week. My plan is to walk into the store with $1k cash and offer it as a deposit, then turn around, go to the bank and get a certified check for the remainder. Basically, I want this to be as easy as a cash transaction for the store in the interest of cutting a deal with them.

How much can I get away with? What is the MSRP of the watch? How much lower do you think a store would be willing to let go of it if it is a cash transaction?

I don't know how much the store has the watch going for yet since I have yet to visit it, but I know they have it in stock.

Ideas? This is my biggest purchase and want to know what the subject matter experts (you guys!

) think.

Thanks.

Puffy · 20 July 2010, 10:31 PM

Welcome mate..

in the For Sale section here you can pick on up for about $5800... I'd do that

Sose · 20 July 2010, 10:33 PM

Puffy, thanks!

Seeing as this is my first high-end watch, I wanted to get a brand new one from the store and build a relationship with them. Basically, setting myself up for future purchases.

Psmith · 20 July 2010, 10:34 PM

Get in touch with DAVIDSW (have a surf through the "buyers/sellers who's who" first)

gregmoeck · 20 July 2010, 10:47 PM

you might save a bit doing cash because they wont have to pay the merchant fee's for using a card, but in the grand scheme of things it probabaly wont save you that much. You will still have to pay sales tax. I would just ask them what their best cash price would be and see what they say. If its too high consider contacting someone here like DavidSW. You will probably save 500 or more and still get your name on the warrenty card.

Naples09 · 20 July 2010, 11:06 PM

Quote:

Originally Posted by Sose

...and then what?

I have decided I will get the GMT IIc and it will be this week. My plan is to walk into the store with $1k cash and offer it as a deposit, then turn around, go to the bank and get a certified check for the remainder. Basically, I want this to be as easy as a cash transaction for the store in the interest of cutting a deal with them.

How much can I get away with? What is the MSRP of the watch? How much lower do you think a store would be willing to let go of it if it is a cash transaction?

I don't know how much the store has the watch going for yet since I have yet to visit it, but I know they have it in stock.

Ideas? This is my biggest purchase and want to know what the subject matter experts (you guys!

) think.

Thanks.

Not sure how the economy is in your neck of the woods, but Rolex sales are still down in the Cleveland area. On top of that we have 5-6 AD's withing 25 miles of each other. They tend to deal for your business since you have many other buying options. I would expect around 15% off the $7K price tag. If you really push, you "might" get to 20%, but that's asking a lot for a SS Rolex sport model.

Speed · 20 July 2010, 11:11 PM

Wow...Cleaveland sounds like the place. Not sure if the GmtcII is plentiful tho.

I doubt you will get much off if anything on a watch that is hard to keep in stock AND in SS.

Watch Professor · 20 July 2010, 11:11 PM

Welcome to TRF. The MSRP for a GMT IIC is $7,000. I would suggest going to the Sales section on this site and contact David SW to see what he has currently. You should be able to get either a BNIB (brand new in box) or a mint GMT for between 15 and 20% off of MSRP. You probably won't be able to get that at an AD for a curent sport Rolex in steel. You might get that discount (or more) from an AD if you were buying either gold or a Date Just.

Tunacan26 · 20 July 2010, 11:14 PM

I can appreciate your wanting to establish a relationship with an AD, and the buying experience at certain AD's can be quite enjoyable. BUT, to keep real money in your pocket maybe consider, as suggested above, a little PM to DavidSW or Oscar (Bodybump). Oscar just secured me a sweet BNIB Datejust and I'm delighted. No way AD gets close to the price I paid.

Naples09 · 20 July 2010, 11:18 PM

Quote:

Originally Posted by Speed

Wow...Cleaveland sounds like the place. Not sure if the GmtcII is plentiful tho.

I doubt you will get much off if anything on a watch that is hard to keep in stock AND in SS.

Plenty in stock at all the AD's...well, I've only been in 3 of them over the last two months but they all had them in stock. My local AD actually has all sport models in stock, including 3 old style SS subs, 2 old style SS LV's, and 2 TT old style blue subs. Sales are still really slow.

CoopJr · 20 July 2010, 11:49 PM

I have been offered 10% off on these numerous times without even asking up in NJ...during good times. If he wont budge on the price then it sounds to me like he isnt too interested in building a relationship with you. I would say 10%. He should at least try to work with you.

Speed · 20 July 2010, 11:57 PM

Clearly I go to the wrong ADs in the wrong cities. nothing but MSRP. Even when I ask.

Thankfully, I have TRF!

Numismatist · 21 July 2010, 12:05 AM

Curious? What does building a relationship really mean? If you have to buy a lot to get discounts in the future, why not just get them right from the start here on TRF?

I bought my first Rolex at an AD for the experience and to commemorate a great trip to the Virgin Islands; however, future purchases will be made right here on TRF so I can have more money for more trips!

shirtguy · 21 July 2010, 12:17 AM

i just called an ad in cleveland. he said tht rolex wont allow them to sell a watch over the phone to another state.

Rolex Freak · 21 July 2010, 12:27 AM

Quote:

Originally Posted by Sose

...and then what?

I have decided I will get the GMT IIc and it will be this week. My plan is to walk into the store with $1k cash and offer it as a deposit, then turn around, go to the bank and get a certified check for the remainder. Basically, I want this to be as easy as a cash transaction for the store in the interest of cutting a deal with them.

How much can I get away with? What is the MSRP of the watch? How much lower do you think a store would be willing to let go of it if it is a cash transaction?

I don't know how much the store has the watch going for yet since I have yet to visit it, but I know they have it in stock.

Ideas? This is my biggest purchase and want to know what the subject matter experts (you guys!

) think.

Thanks.

Hey Alex, with all do respect, why bother establishing a relationship with your AD when you can do that with someone like DAVIDSW here on the forum, or perhaps a few other well known sellers that you can buy from at any time, and save big. If you check out the "for sale" section on this forum, you will see many watches for sale, and often will find the GMT IIC. It's nice to walk into an AD and be treated like Royalty, but at the end of the day, you are paying for it. JMHO. Good luck and welcome to a great forum.

snowbird · 21 July 2010, 12:42 AM

A merchant pays around 2% to the bank if you use a credit card so they may offer a cash discount. I think it's more likely if you're dealing with the owner in a smaller store though - in a big chain they may not care how you pay.

Naples09 · 21 July 2010, 12:46 AM

Quote:

Originally Posted by shirtguy

i just called an ad in cleveland. he said tht rolex wont allow them to sell a watch over the phone to another state.

That's true. I never said they would take a phone order. You have to buy in person, but have it shipped out of state to save on taxes.

sturgeon123456 · 21 July 2010, 01:04 AM

Call DavidSW, he is amazing........NEVER disappointed.

shirtguy · 21 July 2010, 01:21 AM

whats his number?

Sose · 21 July 2010, 03:07 AM

So, after much debating in my head and after reading your posts... I decided to give David a call.

Needless to say, he gave me a fantastic deal and am just waiting for him to send me the pertinent documentation in order to pay him and receive it.

Who would've thought that I'd be ordering my watch today? Much less, not from a brick and mortar store?

Thanks. I have definitely joined a community of enablers and I love it.

:)

Naples09 · 21 July 2010, 03:18 AM

Quote:

Originally Posted by Sose

So, after much debating in my head and after reading your posts... I decided to give David a call.

Needless to say, he gave me a fantastic deal and am just waiting for him to send me the pertinent documentation in order to pay him and receive it.

Who would've thought that I'd be ordering my watch today? Much less, not from a brick and mortar store?

Thanks. I have definitely joined a community of enablers and I love it.

:)

Congrats! What's next on your list?

Sose · 21 July 2010, 03:19 AM

Quote:

Originally Posted by Naples09

Congrats! What's next on your list?

Shhh!! Don't tempt me!

Lion · 21 July 2010, 03:22 AM

Sose, I'm glad you have found your watch at a price you are comfortable with and will have it shortly. I plan on buying future purchases here from one of the sellers on TRF. But for future considerations you should be able to get 10% - 20% off from an AD who only sells retail!!!

Numismatist · 21 July 2010, 03:23 AM

Quote:

Originally Posted by Sose

So, after much debating in my head and after reading your posts... I decided to give David a call.

Needless to say, he gave me a fantastic deal and am just waiting for him to send me the pertinent documentation in order to pay him and receive it.

Who would've thought that I'd be ordering my watch today? Much less, not from a brick and mortar store?

Thanks. I have definitely joined a community of enablers and I love it.

:)

Whad-ja-get??? Huh???

Naples09 · 21 July 2010, 03:28 AM

Quote:

Originally Posted by Sose

Shhh!! Don't tempt me!

Please come back and post some pics when you get it.

Congrats again! The GMT is a great watch.

drtooth73 · 21 July 2010, 03:28 AM

good choice, both the watch and the seller!

nauticajoe · 21 July 2010, 03:29 AM

Congrats! DSW's the man! Can wait to see pics.

Sose · 21 July 2010, 04:07 AM

Numis, picked up the GMT IIc, 116710 LN.

Ecstatic. Pleasant transaction so far.

Folks, thanks again for all your comments.

Pictures coming soon...

jms_w · 21 July 2010, 04:48 AM

DavidSW is the best!! I bought my GMTIIc from him last year. Please post pics and congrats! I'm from NoVA, too. Which AD were you about to do business with?

Sose · 21 July 2010, 05:48 AM

Quote:

Originally Posted by jms_w

DavidSW is the best!! I bought my GMTIIc from him last year. Please post pics and congrats! I'm from NoVA, too. Which AD were you about to do business with?

I was first going to try the AD in King street. If they were a no go, id try Tysons Corner mall ADs or Tourneau at Pentagon City.
Where do you go?

20 July 2010, 10:17 PM	#1
Sose "TRF" Member Join Date: Jul 2010 Location: NOVA Watch: GMT IIc Posts: 1,174	So I walk into the store... ...and then what? I have decided I will get the GMT IIc and it will be this week. My plan is to walk into the store with $1k cash and offer it as a deposit, then turn around, go to the bank and get a certified check for the remainder. Basically, I want this to be as easy as a cash transaction for the store in the interest of cutting a deal with them. How much can I get away with? What is the MSRP of the watch? How much lower do you think a store would be willing to let go of it if it is a cash transaction? I don't know how much the store has the watch going for yet since I have yet to visit it, but I know they have it in stock. Ideas? This is my biggest purchase and want to know what the subject matter experts (you guys! ) think. Thanks.

20 July 2010, 10:31 PM	#2
Puffy "TRF" Member Join Date: Oct 2009 Location: Here and there Posts: 12,485	Welcome mate.. in the For Sale section here you can pick on up for about $5800... I'd do that __________________ Fine Quality is Long Remembered After the Pain of Spending Money is Forgotten

20 July 2010, 10:34 PM	#4
Psmith "TRF" Member Join Date: Sep 2008 Real Name: Clive Location: Exoplanet Watch: spring-driven Posts: 38,856	Get in touch with DAVIDSW (have a surf through the "buyers/sellers who's who" first) __________________

21 July 2010, 12:05 AM	#13
Numismatist "TRF" Member Join Date: Nov 2007 Real Name: Chris Location: Camden ME & STT Watch: 116600 Posts: 6,350	Curious? What does building a relationship really mean? If you have to buy a lot to get discounts in the future, why not just get them right from the start here on TRF? I bought my first Rolex at an AD for the experience and to commemorate a great trip to the Virgin Islands; however, future purchases will be made right here on TRF so I can have more money for more trips! __________________ Rolex 116600 Sea-dweller Montblanc Solitaire Doué Black & White Legrand FP Montblanc Solitaire Doué Black & White RB Montblanc Meisterstück Diamond Mozart BP Montblanc Meisterstück Mozart BP

21 July 2010, 03:22 AM	#23
Lion "TRF" Member Join Date: Jan 2009 Real Name: Leo Location: Midwest Watch: GMT-II 16710 PEPSI Posts: 21,461	Sose, I'm glad you have found your watch at a price you are comfortable with and will have it shortly. I plan on buying future purchases here from one of the sellers on TRF. But for future considerations you should be able to get 10% - 20% off from an AD who only sells retail!!! __________________ SS GMT-II 16710 PEPSI(Z-serial#) THE ONLY DIFFERENCE BETWEEN MEN AND BOYS IS THE PRICE OF THE TOYS!!! MontBlanc Meisterstuck Doue Silver Barley MontBlanc Meisterstuck Solitaire Doue Signum Proud Card Carrying Member of the Curmudgeons.....Yikes!!!

20 July 2010, 10:33 PM	#3
Sose "TRF" Member Join Date: Jul 2010 Location: NOVA Watch: GMT IIc Posts: 1,174	Puffy, thanks! Seeing as this is my first high-end watch, I wanted to get a brand new one from the store and build a relationship with them. Basically, setting myself up for future purchases.

20 July 2010, 10:47 PM	#5
gregmoeck "TRF" Member Join Date: Mar 2010 Location: Maui Watch: Patek Posts: 2,032	you might save a bit doing cash because they wont have to pay the merchant fee's for using a card, but in the grand scheme of things it probabaly wont save you that much. You will still have to pay sales tax. I would just ask them what their best cash price would be and see what they say. If its too high consider contacting someone here like DavidSW. You will probably save 500 or more and still get your name on the warrenty card.

20 July 2010, 11:11 PM	#7
Speed "TRF" Member Join Date: Aug 2009 Location: USA Posts: 19,706	Wow...Cleaveland sounds like the place. Not sure if the GmtcII is plentiful tho. I doubt you will get much off if anything on a watch that is hard to keep in stock AND in SS.

20 July 2010, 11:11 PM	#8
Watch Professor "TRF" Member Join Date: Oct 2009 Real Name: Myron Location: New York Watch: GMT IIC; Sub Date Posts: 3,166	Welcome to TRF. The MSRP for a GMT IIC is $7,000. I would suggest going to the Sales section on this site and contact David SW to see what he has currently. You should be able to get either a BNIB (brand new in box) or a mint GMT for between 15 and 20% off of MSRP. You probably won't be able to get that at an AD for a curent sport Rolex in steel. You might get that discount (or more) from an AD if you were buying either gold or a Date Just.

20 July 2010, 11:14 PM	#9
Tunacan26 Banned Join Date: Feb 2010 Real Name: Chuck Location: Florida Watch: Hulk, DJ, Bluesy Posts: 1,890	I can appreciate your wanting to establish a relationship with an AD, and the buying experience at certain AD's can be quite enjoyable. BUT, to keep real money in your pocket maybe consider, as suggested above, a little PM to DavidSW or Oscar (Bodybump). Oscar just secured me a sweet BNIB Datejust and I'm delighted. No way AD gets close to the price I paid.

20 July 2010, 11:49 PM	#11
CoopJr "TRF" Member Join Date: Oct 2007 Real Name: Coop Location: U.S.A. Watch: Subs Posts: 6,455	I have been offered 10% off on these numerous times without even asking up in NJ...during good times. If he wont budge on the price then it sounds to me like he isnt too interested in building a relationship with you. I would say 10%. He should at least try to work with you.

20 July 2010, 11:57 PM	#12
Speed "TRF" Member Join Date: Aug 2009 Location: USA Posts: 19,706	Clearly I go to the wrong ADs in the wrong cities. nothing but MSRP. Even when I ask. Thankfully, I have TRF!

21 July 2010, 12:17 AM	#14
shirtguy "TRF" Member Join Date: Jul 2010 Location: ny Watch: sub-c Date Posts: 1,322	i just called an ad in cleveland. he said tht rolex wont allow them to sell a watch over the phone to another state.

21 July 2010, 12:42 AM	#16
snowbird "TRF" Member Join Date: Sep 2009 Location: USA Watch: Sea-Dweller 16600 Posts: 2,157	A merchant pays around 2% to the bank if you use a credit card so they may offer a cash discount. I think it's more likely if you're dealing with the owner in a smaller store though - in a big chain they may not care how you pay.

21 July 2010, 01:04 AM	#18
sturgeon123456 "TRF" Member Join Date: Sep 2009 Location: Canada Posts: 2,551	Call DavidSW, he is amazing........NEVER disappointed.

21 July 2010, 01:21 AM	#19
shirtguy "TRF" Member Join Date: Jul 2010 Location: ny Watch: sub-c Date Posts: 1,322	whats his number?

21 July 2010, 03:07 AM	#20
Sose "TRF" Member Join Date: Jul 2010 Location: NOVA Watch: GMT IIc Posts: 1,174	So, after much debating in my head and after reading your posts... I decided to give David a call. Needless to say, he gave me a fantastic deal and am just waiting for him to send me the pertinent documentation in order to pay him and receive it. Who would've thought that I'd be ordering my watch today? Much less, not from a brick and mortar store? Thanks. I have definitely joined a community of enablers and I love it. :)

21 July 2010, 03:28 AM	#26
drtooth73 Banned Join Date: Feb 2009 Real Name: W. Stutman Location: Motor City Watch: TT GMT IIC Posts: 2,223	good choice, both the watch and the seller!

21 July 2010, 03:29 AM	#27
nauticajoe "TRF" Member Join Date: Feb 2010 Real Name: Joe Location: PA Posts: 14,774	Congrats! DSW's the man! Can wait to see pics.

21 July 2010, 04:07 AM	#28
Sose "TRF" Member Join Date: Jul 2010 Location: NOVA Watch: GMT IIc Posts: 1,174	Numis, picked up the GMT IIc, 116710 LN. Ecstatic. Pleasant transaction so far. Folks, thanks again for all your comments. Pictures coming soon...

21 July 2010, 04:48 AM	#29
jms_w "TRF" Member Join Date: Dec 2007 Location: East Coast Watch: 116710LN Posts: 557	DavidSW is the best!! I bought my GMTIIc from him last year. Please post pics and congrats! I'm from NoVA, too. Which AD were you about to do business with? __________________ 116520\|116610LV\|116710LN\|16613\|16233 244 232.30.42\|3222.80 A2332212 CFX-200\|Riseman\|GW-M5610

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