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Old 8 February 2013, 04:19 AM   #1
robk215k
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GMT II Discounts

This time last year I was torn between the Hulk and a GMTII. Multiple dealers offered me 15% off the GMT, but the Hulk was at full retail and understandably so. I got the hulk and love it as much today as the day I got it.

Now I'm ready to go get the GMT, but the first two dealers I spoke to won't take a dime off retail. The same dealers that offered 15% off 12 months ago.

What gives??? Anyone know where to go in the Phila vicinity to get 15-20% off?
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Old 8 February 2013, 04:33 AM   #2
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What gives??? Anyone know where to go in the Phila vicinity to get 15-20% off?
Pardon me, but why should an AD give you a discount?

The official line from Rolex is no discounts.

You should check the sales forum here and see what the trusted sellers can do for you.
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Old 8 February 2013, 04:40 AM   #3
T. Ferguson
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I don't have any real great answer for you, but I'm curious to know what they told you when you asked the ADs themselves why they won't now give you the deal they offered you one year ago. From what I've read 15% off a SS GMT from an AD is better than normal.

There is some speculation that a price increase is around the next bend. Perhaps they don't want to discount a watch that a) they can get more for when the price increase hits or, b) will cost them more to replace.

That brings up a question about what ADs tend do about giving deals if they believe a price hike is about to happen. I understand that they are given only very short official notice by Rolex but I would imagine there is a rumor mill among ADs similar to the rumor mill that goes on around here.
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Old 8 February 2013, 04:59 AM   #4
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Tell them your interested in a hulk........

Then tell them you'll settle for a Gmt for a discount.
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Old 8 February 2013, 04:59 AM   #5
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Oops, technical difficulties
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Old 8 February 2013, 05:52 AM   #6
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The discount usually depends on your prior relationship with the AD. I'm sure I could get 15% off on a gmt iic if I asked but that's because I've bought three rolexes from them in the past year.
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Old 8 February 2013, 06:09 AM   #7
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R U going back to the AD you purchased the Hulk from? Being a repeat customer should help.
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Old 8 February 2013, 06:15 AM   #8
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Quote:
Originally Posted by beshannon View Post
Pardon me, but why should an AD give you a discount?

The official line from Rolex is no discounts.

You should check the sales forum here and see what the trusted sellers can do for you.
There's nothing wrong with asking a question.... Pardon me...
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Old 8 February 2013, 06:19 AM   #9
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There's nothing wrong with asking a question.... Pardon me...
Never meant to imply there was a problem asking a question.

Perhaps the previous offer of a discount was due to slow sales?
Perhaps they had inventory to sell?

The question was posed as if discount was not only expected but also a given.

I was merely pointing out that at an authorized dealer I have been told no discounts and I have been offered a discount without asking.

Sorry if I offended, hence the pardon me but a larger discount would almost certainly be possible from a trusted seller. Far easier than trying to figure out what causes an AD to say what they do.
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Old 8 February 2013, 06:24 AM   #10
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Quote:
Originally Posted by beshannon View Post
Never meant to imply there was a problem asking a question.

Perhaps the previous offer of a discount was due to slow sales?
Perhaps they had inventory to sell?

The question was posed as if discount was not only expected but also a given.

I was merely pointing out that at an authorized dealer I have been told no discounts and I have been offered a discount without asking.

Sorry if I offended, hence the pardon me but a larger discount would almost certainly be possible from a trusted seller. Far easier than trying to figure out what causes an AD to say what they do.
He still asked a legit question and that is what this forum is all about. Nothing wrong with asking anyone in the Philadelphia area if they know of a certain AD giving discounts. I never took from the question, he was implying he deserved one. Only asking if someone had some info....
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Old 8 February 2013, 06:35 AM   #11
robk215k
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Quote:
Originally Posted by beshannon View Post
Pardon me, but why should an AD give you a discount?

The official line from Rolex is no discounts.

You should check the sales forum here and see what the trusted sellers can do for you.
Pardon you!? This is America. Everything is negotiable....EVERYTHING! Some more than others, but as a buyer I DO have a right to a deal lower than retail. I've gotten it for every watch I've ever purchased.
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Old 8 February 2013, 06:37 AM   #12
robk215k
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Quote:
Originally Posted by beshannon View Post
Pardon me, but why should an AD give you a discount?

The official line from Rolex is no discounts.

You should check the sales forum here and see what the trusted sellers can do for you.
Quote:
Originally Posted by z32turbo View Post
R U going back to the AD you purchased the Hulk from? Being a repeat customer should help.
The dealer I bought my hulk from is offering me 0 discount. I'm quite shocked, especially since they offered me 15% before. The AD i bought my Blue TT ceramic sub from will give me something, I THINK 15%, but I was hoping to go the other route since they have 0% interest for 12 months.
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Old 8 February 2013, 06:39 AM   #13
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If you don't ask, you don't get!

I shopped / called many ADs until I found two that were offering me a discount on my TT SubC. The others that were firm on the MSRP.

Good luck with the search.
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Old 8 February 2013, 07:02 AM   #14
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From my experiences a AD will not give you a discount and 0% interest. From my discussions with the AD is that they pay the interest on the loan which equals out the max discount they will offer (15%).
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Old 8 February 2013, 07:46 AM   #15
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The AD offering 0% is using GE for
Credit. GE gives you 0% for
The first year ONLY if paid off. If its not they bang you with 18% from day one. The AD doesn't benefit or suffer from that at all, it only allows them to sell to people who don't have the money and gives them another tool to close.
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Old 8 February 2013, 07:48 AM   #16
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Quote:
Originally Posted by robk215k View Post
Everything is negotiable....EVERYTHING! Some more than others, but as a buyer I DO have a right to a deal lower than retail. I've gotten it for every watch I've ever purchased.
Right you are. However the AD also has the right to refuse to discount. I'm finding that AD discounts are getting thinner. I'm not sure if they're afraid of having Rolex yanked (another AD in my area lost Rolex - I'm down to just two ADs now) but they're increasingly reticent to dole out big discounts.
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Old 8 February 2013, 08:20 AM   #17
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gmt discounts in philly.

Just purchased a gmt ll c at govberg jewelers in the fifteen hundred block of walnut. I dealt with karen. They do discount and they are an ad.
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Old 8 February 2013, 08:43 AM   #18
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+1 for Govberg! I've dealt with Lisa before. Great AD.
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Old 8 February 2013, 08:50 AM   #19
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The prices certainly are creeping up and it does not surprise me that ADs are becoming less forgiving. I got a steeper discount a year ago when I purchased my Explorer II than I did last week when I got my Milgauss and I used the same AD. I am still getting about a 15% knock off the MSRP but previously I was able to talk them into eating the sales tax and on my most recent purchase they were understandably unable to do so.

To get back to the OP, you are absolutely right: everything is negotiable. Whether an AD will acquiesce is another thing. I urge you to seek out other avenues if the price isn't right. That said, I also appreciate the concept that there's value in a repeat customer versus Rolex giving a very hard line to ADs regarding prices. A high volume AD with a high turnover of watches might have patience on his or her side and not care to sell the watch at a discount regardless of who the customer might be. I trust my AD pretty well. I could get almost 30-35% off their Breitlings but I know they cannot budge much on a Rolex. It's a lot of variables.
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Old 8 February 2013, 09:16 AM   #20
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Quote:
Originally Posted by robk215k View Post
The AD offering 0% is using GE for
Credit. GE gives you 0% for
The first year ONLY if paid off. If its not they bang you with 18% from day one. The AD doesn't benefit or suffer from that at all, it only allows them to sell to people who don't have the money and gives them another tool to close.
GE Credit or any other financing institution doesn't give the money to the AD for free to incent the sale; the AD is paying to buy the rate down for the defined period of time. That is why it's difficult to get a discount on top of 0% financing. The free financing is the discount in the eyes of the AD.
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Old 8 February 2013, 09:44 AM   #21
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Pardon you!? This is America. Everything is negotiable....EVERYTHING! Some more than others, but as a buyer I DO have a right to a deal lower than retail. I've gotten it for every watch I've ever purchased.
Gotcha, good luck sorry I responded.
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Old 8 February 2013, 11:32 AM   #22
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David SW is the answer here
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Old 8 February 2013, 11:42 AM   #23
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It's odd that you have to strong-arm them just to get a small discount...

I gave my AD (in Canada) a call, and over the phone within 5 minutes, I negotiated my Sub-C to 23% off.
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Old 8 February 2013, 12:38 PM   #24
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David SW is the answer here
Have to agree!
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Old 8 February 2013, 12:42 PM   #25
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My first rolex I got 0% for 12 months with ge and about 18% off and no tax because I had it shipped out of state .. On datejust next sub a got only 12% off plus a David Yurman bracelet thrown in because he coule not discount as much .. Sub was a year ago and datejust was 2 years ago.. If you go out of state and ship to you then you will save on taxes..
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Old 8 February 2013, 01:04 PM   #26
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Quote:
Originally Posted by T. Ferguson View Post
I don't have any real great answer for you, but I'm curious to know what they told you when you asked the ADs themselves why they won't now give you the deal they offered you one year ago. From what I've read 15% off a SS GMT from an AD is better than normal.

There is some speculation that a price increase is around the next bend. Perhaps they don't want to discount a watch that a) they can get more for when the price increase hits or, b) will cost them more to replace.

That brings up a question about what ADs tend do about giving deals if they believe a price hike is about to happen. I understand that they are given only very short official notice by Rolex but I would imagine there is a rumor mill among ADs similar to the rumor mill that goes on around here.
Talked to my AD yesterday and confirmed a 8% increase in March 2013.
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Old 8 February 2013, 01:09 PM   #27
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From my experiences a AD will not give you a discount and 0% interest. From my discussions with the AD is that they pay the interest on the loan which equals out the max discount they will offer (15%).
I have done this. I got 0% 12 months and 10% off on my Sub C. The 12 months is very nice. It is IMPERATIVE you pay it off with in the 12 months!!!!
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Old 8 February 2013, 01:14 PM   #28
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Talked to my AD yesterday and confirmed a 8% increase in March 2013.
At least you already got your 116718!
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Old 8 February 2013, 01:26 PM   #29
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At least you already got your 116718!
Yes Mike! In fact that's what my AD and I were talking about! ....Let's see current retail $33,400 * 8% = $36,702 + 7% tax = ChaChing! $38,597 !! Whoa!!
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Old 8 February 2013, 01:34 PM   #30
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Simply put it depends on whether sales are slow or not and whether you bought from him before. 50% of the AD's out there will give you a discount if you keep coming back. Get to know the owner if it's your first time. Act interested in the watch, but appear broke and they will work with you. If not, go somewhere else or buy off here.
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