Aussie members (my obsession)

[grm35]

So today I was in Sydney CBD and popped into Monards (on the advice of Lol-x - thanks for that!). As I mentioned in my earlier thread, I am looking to buy an Explorer II white dial shortly.

I tried it on today at Monards and it just cried out for me -- it is so beautifully understated and perfect in its simple design. Yes, I love it.

So...list price is $7055 AUD. That's approx. $5900 USD at today's exchange rate. I know I could buy it from a decent overseas seller such as usaveontime.com for approx. $4100 -- but I am dead set on buying from an AD.

So my question is -- how close can I get to that price? Since I plan on purchasing just before I go overseas, I should be able to knock 10% GST off the final price. But I still need to get it down around the mid-$5k mark from the AD. That's a pretty big jump -- around 20% off list price.

So, I guess my question is, will Aussie ADs mark down that much? I don't mind paying a premium to buy from an AD, but I'd like to keep from paying more than $500 over the US prices...

Thoughts?

[Lol-x]

Authorised dealers each have different policies and circumstances when and how much they will discount (if at all). For example it can depend on the model of the watch and even whether they need to boost sales figures for the month.
Monards are known to negotiate a price and they will discount, how much they give will to some extent depend upon the circumstances such as those listed above. Also, if you have the cash in hand to do the deal that can be a further inducement to give you a discount. It wouldn't hurt when you go to buy to explain that you are going overseas and that you have looked at the prices over there, and you were hoping they might be able to match the O.S. prices.
It might not be possible for an Australian AD to match the overseas prices, because this can depend upon international exchange rates, where your currency or another currency yields a higher or lower list price for any particular Rolex.
Good Luck

[SPACE-DWELLER]

Well, I'd simply just ASK for 20 % and see what his reply is. You might not get 20 %, but at least then you tried. Maybe he will then say "10 %" and you could say "Let's meet in the middle then at 15 %". I think that would be a good way to do it, and getting 15 % would be a VERY good deal, but to be honest I don't think you would get 20 %, but as I say try asking for it and you will have a good high starting point to negotiate from.

It would also help figuring out beforehand how much CASH 20 % of the MSRP would be and then simply LAY THAT BUNDLE OF CASH on the table. "Do we have a deal?" The sight of the cash might prompt your AD to just say "Yes".

[Lol-x]

Originally Posted by Spacedweller

It would also help figuring out beforehand how much CASH 20 % of the MSRP would be and then simply LAY THAT BUNDLE OF CASH on the table. "Do we have a deal?" The sight of the cash might prompt your AD to just say "Yes".

That would do it for me

[Destroy]

Hi GRM35

Guess what? I purchased my GMT II (ceramic) from Monards not two weeks ago. Whilst they could not give me a discount on it, they WOULD HAVE given me a discount on last year's model. A very, very good discount. I was most impressed with their service. The kicker of course was the fact that as I was sitting there trying to make my mind up between an '07 sub (with the bigger crown) and an '06 GMT II........the manager of the store walks in with the new stock - and in that group? A brand new, never been displayed ceramic GMT II. The second I put it on my wrist it was all over.

The two other major rolex dealers couldn't get one in for 6-8 weeks and here was one staring me in the face. I bought it after A LOT of hard bargaining which yielded no results as it was just too new.

But as far as your explorer II goes - definitely try and get 20% or thereabouts. I'll be flying though Singapore in November but couldn't wait!

[Nick Hacko]

.

[Destroy]

Originally Posted by Nick Hacko

wow, wow, woooow! Please tell me this is a joke.
Of not, then this has to be the most ridiculous and most patronizing statement ever!
Do you guys really believe Sydney Rolex ADs are suckers desperate for cash? Bundle of cash? What BUNDLE of CASH? Since when is $5K called bundle of cash? Like your $5K is going to impress him that much? This is beyond clowning, this is completely immature.

The thing is, ADs will only give you a discount when it suits them, ie. if they want to move something. Cash will only get you 2-3% off (a hot seller) - which is what the dealers pay the credit card companies.

The good deal I was given on the '06 GMT was for a credit card payment.

[jac67]

Originally Posted by Nick Hacko

Do you guys really believe Sydney Rolex ADs are suckers desperate for cash?

Yes.

Worked for me.


John.

[SPACE-DWELLER]

Originally Posted by Nick Hacko

wow, wow, woooow! Please tell me this is a joke.
Of not, then this has to be the most ridiculous and most patronizing statement ever!
Do you guys really believe Sydney Rolex ADs are suckers desperate for cash? Bundle of cash? What BUNDLE of CASH? Since when is $5K called bundle of cash? Like your $5K is going to impress him that much? This is beyond clowning, this is completely immature.

Nice, friendly reply, Nick!

[Nick Hacko]

.

[colemanitis]

I don't think paying in cash is deserving of a 20% discount, however I think it's worth a small discount. It certainly saves the AD the credit card fee, so they can atleast give that back to you. Also, offering cash isn't for the benefit of the AD, but for the salesperson. When they see cash they instantly see that as INSTANT comission in their pocket, therefore they'll work a little harder to close the deal.

[SPACE-DWELLER]

Originally Posted by colemanitis

I don't think paying in cash is deserving of a 20% discount, however I think it's worth a small discount. It certainly saves the AD the credit card fee, so they can atleast give that back to you. Also, offering cash isn't for the benefit of the AD, but for the salesperson. When they see cash they instantly see that as INSTANT comission in their pocket, therefore they'll work a little harder to close the deal.

[frostie]

Originally Posted by colemanitis

I don't think paying in cash is deserving of a 20% discount, however I think it's worth a small discount. It certainly saves the AD the credit card fee, so they can atleast give that back to you. Also, offering cash isn't for the benefit of the AD, but for the salesperson. When they see cash they instantly see that as INSTANT comission in their pocket, therefore they'll work a little harder to close the deal.

[T5AUS]

Originally Posted by grm35

So today I was in Sydney CBD and popped into Monards (on the advice of Lol-x - thanks for that!). As I mentioned in my earlier thread, I am looking to buy an Explorer II white dial shortly.

I tried it on today at Monards and it just cried out for me -- it is so beautifully understated and perfect in its simple design. Yes, I love it.

So...list price is $7055 AUD. That's approx. $5900 USD at today's exchange rate. I know I could buy it from a decent overseas seller such as usaveontime.com for approx. $4100 -- but I am dead set on buying from an AD.

So my question is -- how close can I get to that price? Since I plan on purchasing just before I go overseas, I should be able to knock 10% GST off the final price. But I still need to get it down around the mid-$5k mark from the AD. That's a pretty big jump -- around 20% off list price.

So, I guess my question is, will Aussie ADs mark down that much? I don't mind paying a premium to buy from an AD, but I'd like to keep from paying more than $500 over the US prices...

Thoughts?

No disrespect grm35, but I am confused, whats the thing about buying new from an authorised dealer, if price is an issue why not buy second hand ? you can pick up a good deal on a hardly used 2 or 3 year model in virtually mint condition from a good local grey watch dealer and save a bundle on the new price. Apart from a guarantee on a new one, ( hey, it's a ROLEX, so it's not gona go wrong anyway) why else would you buy new ? Personally I never buy anything new, (except under dacks, socks and chewing gum) I just hate the thought of that immediate depreciation of 25% (or whatever) the moment you leave the shop.
Anyway, good luck in your quest

[Gedanken]

Originally Posted by Nick Hacko

wow, wow, woooow! Please tell me this is a joke.
Of not, then this has to be the most ridiculous and most patronizing statement ever!
Do you guys really believe Sydney Rolex ADs are suckers desperate for cash? Bundle of cash? What BUNDLE of CASH? Since when is $5K called bundle of cash? Like your $5K is going to impress him that much? This is beyond clowning, this is completely immature.

Nick, enough is bloody enough. If there's anyone here who's being immature, ridiculous and patronising, it's you with your pitiful legend-in-his-own-lunchbox attitude. Do you really believe the members here are suckers desperate for your abuse? If so, it's time to up your medication.

I don't know who the hell you think you are in your hallucinogen-induced state, but if you can't post without being a smartarse - yes, SMARTARSE - I'll thank you NOT to post.

And don't give me that bollocks about English not being your first language either - you're being a jerk in ANY language.

In the meantime, take 6 points for antagonistic behaviour - I'm sick and tired of warning you about your crap.

[incabloc]

Originally Posted by Gedanken

Nick, enough is bloody enough. If there's anyone here who's being immature, ridiculous and patronising, it's you with your pitiful legend-in-his-own-lunchbox attitude. Do you really believe the members here are suckers desperate for your abuse? If so, it's time to up your medication.

I don't know who the hell you think you are in your hallucinogen-induced state, but if you can't post without being a smartarse - yes, SMARTARSE - I'll thank you NOT to post.

And don't give me that bollocks about English not being your first language either - you're being a jerk in ANY language.

In the meantime, take 6 points for antagonistic behaviour - I'm sick and tired of warning you about your crap.

[JJ Irani]

To be perfectly honest, guys.....on both of my last purchases, I got well over 20% discount from my AD - for my Blue Sub as well as for my White Exp-II.

At the end of the day, I guess a lot depends on the model. Some are more discountable than others. Also ADs have a larger margin to move on certain models and are sometimes happy to get them out of their store because they are expecting another consignment of the SAME models in a day or two.

It's actually good marketing strategy - less profit, but greater turnover.

JJ

[Solar]

I can't speak for Australia, but in Toronto I was given over 20% on my 16710 GMT II Pepsi, condition of that discount was paying cash, not credit card.

If you shop the various ADs in the area/region/prvince/country, you'll find quite a variance in discounting, or lack thereof in my experience anyways. Eastern Ontario ADs had offered 6% to 15% by way of a discount.

Best of luck,

Chris

[Gaijin]

You say that you are going overseas? Where are you going? MSRP on that model is $5000. With a bit of a discount cheaper than that at most ADs in the States...

[John685]

In my area of the country we have a saying "money talks and bulls**t walks!"

I have bought several Rolexes in the past few months and this involved checking with several AD's in my city and an adjoining state. All were amenable to giving a discount and the amount varied depending on the AD and model of watch. Every single AD stated their discount was for cash or check.

All of the AD's were trying to avoid the 3% to 6% charge by the various credit card companies. If they are willing to offer a substantial discount I don't blame them for trying to maximize their profit by avoiding the credit card charges.

"Bundle of cash?" "Impress the AD?" I'm not interested in impressing anyone. No matter what the amount, not only can cash get you a better discount, it is a visible display that I am a serious buyer.

[Nick Hacko]

Originally Posted by Gedanken

Nick, enough is bloody enough. If there's anyone here who's being immature, ridiculous and patronising, it's you with your pitiful legend-in-his-own-lunchbox attitude. Do you really believe the members here are suckers desperate for your abuse? If so, it's time to up your medication.

I don't know who the hell you think you are in your hallucinogen-induced state, but if you can't post without being a smartarse - yes, SMARTARSE - I'll thank you NOT to post.

And don't give me that bollocks about English not being your first language either - you're being a jerk in ANY language.

In the meantime, take 6 points for antagonistic behaviour - I'm sick and tired of warning you about your crap.

When moderators are allowed to ridicule people openly, the forum communities suffer. Moderator who is immoderate and partial is very destructive, damaging members trust and forums reputation. That domineering attitude sets a bad example for members and potential members - and lowers the overall image of the forum.

[roadcarver]

Cash talks IMHO.

[T5AUS]

Anybody had dealings with these people? The price on a virtual new black dial TT sub seems v. good but how secure or genuine are they. I certainly would not buy from them based on their web site alone, but perhaps there are buyers out there who have used them and are quite happy (or not) Comments please

http://www.rolexcenter.net/submariner.htm

[Nick Hacko]

.

[bazzopaul]

A while ago, I got blasted when I stated I got 25% off from my AD. People where thinking I was BS. Asking for receipts and AD info and stuff. I just back off and never mentioned again. In my personal opinion, the moderator at that moment wasn`t inpartial, in other word, taking side. And I still believe thing hasn`t change. Let`s us give our opinions freely. If someone don`t believe it, let it be, but don`t take side. Don`t turn this forum to a one man military style dictadorship. Now back to the discount. The AD discount is actually different from country to country. HK has the greatest, then southamerica. The US got the least. I know `cause I bought from all. And yes, I did got 25% discount from my AD. 3 SS gmt II old style, 1 TT gmt II new style, 1 TT datejust, 1 tt blue sub, 1 tudor prince date chronograph (this one I got 30% off). And of course, all paid in cash. :-)

[DavoD]

Originally Posted by bazzopaul

And yes, I did got 25% discount from my AD. 3 SS gmt II old style, 1 TT gmt II new style, 1 TT datejust, 1 tt blue sub, 1 tudor prince date chronograph (this one I got 30% off). And of course, all paid in cash. :-)

CASH IS KING. This is true in any business. Liquidity of cash always beats any credit card.

[grm35]

Thanks to everyone who gave such great advice -- it's really appreciated (particularly Lol-x, Spacedweller and Destroy for the helpful tips). It's great to be able to hear your experiences before I make the leap. I'll be going back next week so I'll give it my best.

And Nick, didn't you throw a hissy fit just last week and say you were leaving? I don't know why you feel the need to hijack with silly, useless comments, but it's not appreciated.

[Transient]

I've bought all my Omegas and Rolexes from AD 's here in Sydney, Jeweltime, the Hour Glass, J.Farren Price, all with discounts. Just ask nicely with out being arrogant, you'll see how far you go. Cash really works, but so does cc...

[jac67]

Mr. Hacko, why are you getting all hot-under-the-collar.

This is a public watch forum whereby the members are "consumers" not dealers, and therefore are entitled to get the best price possible through negotiation or otherwise.

Sharing of experiences including discounts received (and methods applied) should be welcomed.

This happens for all goods all over the world, including real estate. Just look at those real estate/renovation programs and they advise where you should commense negotiating.

I'm sure your informative tutorials are welcomed by all (including myself), , but please take your huffiness regarding the discounts policies/operating policies of watch dealers to the appropiate forum. I'm sure there are dealers fora whereby "us" commoners are frowned upon and maybe even laughed at for paying thousands of dollars for watches.

We all have choices and dealers can tell us "to get lost" or accept the deal. We as consumers also have the same choices.

One of my businesses is also in retail, and I have my limits on what discounts are given. If a customer is being unrealistic, I simply don't take the deal - NO AGGRESSION. However if I need to move the stock, then I am a lot more flexible (I also have Vaseline on hand ).

Be nice, it's easier on your heart.


John.

[Gedanken]

Originally Posted by Nick Hacko

When moderators are allowed to ridicule people openly, the forum communities suffer. Moderator who is immoderate and partial is very destructive, damaging members trust and forums reputation. That domineering attitude sets a bad example for members and potential members - and lowers the overall image of the forum.

Oh, really? That's sooooooooo impressive - I might vote for you. But gee, I wonder who wrote the following piffle then?

Originally Posted by Nick Hacko

wow, wow, woooow! Please tell me this is a joke.
Of not, then this has to be the most ridiculous and most patronizing statement ever!
Do you guys really believe Sydney Rolex ADs are suckers desperate for cash? Bundle of cash? What BUNDLE of CASH? Since when is $5K called bundle of cash? Like your $5K is going to impress him that much? This is beyond clowning, this is completely immature.

You're not only sanctimonious, you're a bloody hypocrite.