Any NYC AD with Payment Plan options?

[shebalord]

Hi,

First time poster here!

I went to Tourneau in Garden City today and I was ready to get the Submariner 16610. (I didn't even want to take off of my wrist!) I was told Tourneau offered a 'payment plan' option, but with an exception on only a few watches. And the Submariner 16610 was one of them!

Is there any other NYC AD that offer similar payment plan options for Submariner?

Thanks in advance!

[newtamparealestate]

Alot of AD will offer 12 months 0% interest with a down payment of the purchase price of 20%. Its a great deal as long as you are good about making payments on time. If you miss 1 payment, by even 1 day, they will charge you interest for the full 12 months on the amt you financed.

Alot of AD will exclude certain watches because they have to pay a 6% premium for using these finance companies.

I know Jared the galleria of jewelry doesnt care what watch you buy as they do there own in house financing.

[astcell]

I doubt that the jewelers actually have their own financing. Some may, but most go to a bank. I was offered anything in one store for 12 equal payments at 0% interest. I was really looking at the solid gold submariner with blue face. I decided to keep the $20,000 in my pocket just a little longer.

[Ed Rooney]

Originally Posted by newtamparealestate

Alot of AD will offer 12 months 0% interest with a down payment of the purchase price of 20%. Its a great deal as long as you are good about making payments on time. If you miss 1 payment, by even 1 day, they will charge you interest for the full 12 months on the amt you financed.

Alot of AD will exclude certain watches because they have to pay a 6% premium for using these finance companies.

I know Jared the galleria of jewelry doesnt care what watch you buy as they do there own in house financing.

Jared carries Rolex?

[Robb]

Originally Posted by Ed Rooney

Jared carries Rolex?

Some do! The Jared store here doesnt but I went to another one in Atlanta and they carried Rolex

[ron17402]

Originally Posted by Robb

Some do! The Jared store here doesnt but I went to another one in Atlanta and they carried Rolex

Likewise.. The Jared's in Charlotte do not, but the one in Concord (a suburb) does.

[Blue Bull]

There is only one way to purchase a Rolex.Cash.I get results.

[Ed Rooney]

Interesting. 12 months at 0%....free money!!

[Blue Bull]

Originally Posted by Ed Rooney

Interesting. 12 months at 0%....free money!!

...and no discount,no free money !!

[Ed Rooney]

Originally Posted by Blue Bull

...and no discount,no free money !!

The Man always finds a way to stick it to us.

[Robb]

Originally Posted by Blue Bull

There is only one way to purchase a Rolex.Cash.I get results.

I do agree. Cash has always been a good deal maker for me!

[Blue Bull]

Originally Posted by Ed Rooney

The Man always finds a way to stick it to us.

Seek a good dicount.I sometimes get the impression,that instant gratification defies logic.If you offer cash,its more likely that you will find the best discount.Less 15% has been reported numerous times on the forum.Thats a very good discount for the States.Why not look very hard for it,unless you have money to waste ?? Its not for my benefit,its actually for yours .

[Ed Rooney]

Originally Posted by Blue Bull

Seek a good dicount.I sometimes get the impression,that instant gratification defies logic.If you offer cash,its more likely that you will find the best discount.Less 15% has been reported numerous times on the forum.Thats a very good discount for the States.Why not look very hard for it,unless you have money to waste ?? Its not for my benefit,its actually for yours .

How can the merchant benefit from offering more than a 2% discount to a cash buyer? Ok, maybe with an Amex, which charges the merchant 3-4%.

[Blue Bull]

Originally Posted by Robb

I do agree. Cash has always been a good deal maker for me!

[S2000 Driver]

Originally Posted by Blue Bull

...Less 15% has been reported numerous times on the forum.

For a brand new 16610 from an AD in the US?

Can't recall EVER seeing that...

[Moose]

Originally Posted by Blue Bull

There is only one way to purchase a Rolex.Cash.I get results.

Agree! Rolex is a luxury item. Wait till you have the cash.

[newtamparealestate]

Originally Posted by Blue Bull

...and no discount,no free money !!

actully yes you do. Even with the 12 months. Its alread pre set as its a corporate store. This is the US, little diff discounts to be had. 0-15% at jared depending on the watch.

[newtamparealestate]

Originally Posted by astcell

I doubt that the jewelers actually have their own financing. Some may, but most go to a bank. I was offered anything in one store for 12 equal payments at 0% interest. I was really looking at the solid gold submariner with blue face. I decided to keep the $20,000 in my pocket just a little longer.

Jared has there own, its not through a bank. Its direct lending through them. They dont give out huge lines but over time they increase them.

I have used it many times, you get the same price with or without it.

[newtamparealestate]

I dont know why you think cash gets a better deal. The only thing the dealer saves is the 3% credit card fee. Other then that, they could give 2 shits about how you pay. If its a credit card, they still get the money in 2-3 days. It makes no diff.

I always laugh when people say, are you paying cash for a car? It doesnt matter, finance company pays the dealer right away so they dealer could give a shit.