ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

TheVTCGuy · 21 November 2015, 12:42 PM

So, one year ago, I pulled the trigger on my EX II Polar; Love it

I prefer to, and have bought all my Rolexes at an AD. The same one from the sales person by the way, anybody interested I will be glad to pass on the contact info; HIGHLY recomended. Let me say right here that IF you prefer to buy yours from Gray dealers, more power to you.

Especially if it is with one of the great sellers here on TRF. I have PERSONALLY done business with Tony (JustRolexes) and I will vouche for his professionalism and honesty. I have heard the same things about DavidSW and several other TRF trusted sellers, so if you choose that method you can't go wrong!

I just prefer to buy from an AD. Why, could and has been the topic of several hours of discussion and a bunch of threads, so we won't go in to that here.

The point I was going to make was my "financing" of my Rolex. I was ready to put down cash, but my AD, Ben Bridge, offers a "one year same as cash" option. I put down a small amount, I believe it was 20%, and then make monthly payments on the remaining sales price. NO interest or added fees. I thought about it, and decided to take advantage of the offer. Why not? Keep the money I was ready to plunk down in the bank and earn interest on it. Make all the payments, the last one is this months, and for what reason would you NOT want to do this? Has anyone else purcahsed a Rolex this way? I think it's a great.

Well, I mailed off the last payment today

So now, this EX II is mine, all mine

LuminousMaximus · 21 November 2015, 12:45 PM

Congrat's! your watch cost a little less than your post count...Awesome!

TheVTCGuy · 21 November 2015, 12:49 PM

Quote:

Originally Posted by LuminousMaximus

Congrat's! your watch cost a little less than your post count...Awesome!

Hey! You're right!

Wow.... I don't know why but I find that kind of cool...

Dashimmy · 21 November 2015, 12:49 PM

Congrats! So, what's next? Now that you got that old payment out of the way? Time for a new one!!!

TheVTCGuy · 21 November 2015, 12:51 PM

Quote:

Originally Posted by Dashimmy

Congrats! So, what's next? Now that you got that old payment out of the way? Time for a new one!!!

You are a very bad influence Heath.....

Boothroyd · 21 November 2015, 01:09 PM

Paul, I don't know if every AD does this, but the one I work with in MN does. Haven't purchased that way, but it seems reasonable. Suspect this is for repeat customers (my AD is a jeweler also) and not aligned to Rolex in any way.

Congrats..will look good on your wrist in your new Lincoln!

sea-dweller · 21 November 2015, 01:12 PM

Congrats! I bought a 1996 GMT II from Tourneau in 1996 with their 2 year, interest free finance plan. Paid it off in 24 months and it was mine!

watchwatcher · 21 November 2015, 01:51 PM

Congrats, Paul...so, what's next?

DLCU2 · 21 November 2015, 01:56 PM

Congrats! Post an obligatory photo of it!

cop414 · 21 November 2015, 02:05 PM

Congratulations Paul, I put my Submariner on "layaway " for 6 months, no interest, no fees and a slight discount, no brainier for me.

BNA/LION · 21 November 2015, 02:20 PM

Excellent sounds like you got a great new watch!

I'm guessing leaving the cash in the bank at a max annual percentage yield of 1.05 percent netted a couple hundred bucks. That's real cash for a making payments every month.

IMHO- Buying from a Trusted TRF Seller can provide a much lower net savings as well as a one-time payment on a to ordered new Rolex! (depending on your AD discount) Thanks Takuya and Briboxed!

Lol-x · 21 November 2015, 02:43 PM

It is one thing to pay it off if you have the money in the bank to retire the full debt at any time.
It is another thing to use this payment plan to buy a watch when you don't have the money to pay it off. Unless you are able to manage that financial obligation with your personal circumstances its fine, if not then you might find yourself in financial difficulty.

TheVTCGuy · 21 November 2015, 03:11 PM

Quote:

Originally Posted by Boothroyd

Paul, I don't know if every AD does this, but the one I work with in MN does. Haven't purchased that way, but it seems reasonable. Suspect this is for repeat customers (my AD is a jeweler also) and not aligned to Rolex in any way.

Congrats..will look good on your wrist in your new Lincoln!

I like the sound of that

Danny(83) and I worked out a plan... watch for "new car" thread in general discussion

Quote:

Originally Posted by watchwatcher

Congrats, Paul...so, what's next?

Oh... you are bad.... I like it, but you are bad...

(shhhh.... but the Datejust 2 41MM with fluted bezel and black dial is singing to me)

Quote:

Originally Posted by DLCU2

Congrats! Post an obligatory photo of it!

Ok, coming up

Quote:

Originally Posted by Lol-x

It is one thing to pay it off if you have the money in the bank to retire the full debt at any time.
It is another thing to use this payment plan to buy a watch when you don't have the money to pay it off. Unless you are able to manage that financial obligation with your personal circumstances its fine, if not then you might find yourself in financial difficulty.

Agreed Steve, if I wasn't ready to plunk down the money when I made the purchase I would not have selected this option... (probably wouldn't have bought the watch).

GerardoG · 21 November 2015, 03:15 PM

Congratulations!!

Angrypuppy · 21 November 2015, 04:47 PM

KenNethcole · 21 November 2015, 07:04 PM

I was looking at the Rolex store at South Coast Plaza and they offer me a payment plan. I didn't ask for details because I wasn't planning to buy anything.
Congrats on paying off your watch. Enjoy it in good health.

joli160 · 21 November 2015, 07:51 PM

Congrats Paul, a man without debt is a rich man

Norms · 21 November 2015, 08:35 PM

Nice! Thats a pretty nice financing plan

NeoAnderson · 21 November 2015, 09:16 PM

Around my area they offer 24 months 0% interest just have to make a min. Payment every month. 25% interest after 24months.

Not bad if you dont want to take a big hit at one time but you have the money anyway.

Urosfan · 21 November 2015, 09:27 PM

Congrats

travisb · 21 November 2015, 09:30 PM

Congrats! I'm sure it feels even better knowing you own it outright.

I've done it in the past but nowadays I try to avoid monthly payments on anything whenever possible. So even when interest free financing is available, I pay in full.

ragingcao · 21 November 2015, 09:36 PM

Congrats! Time to make another plan

AK797 · 21 November 2015, 09:47 PM

Quote:

Originally Posted by Lol-x

It is one thing to pay it off if you have the money in the bank to retire the full debt at any time.
It is another thing to use this payment plan to buy a watch when you don't have the money to pay it off. Unless you are able to manage that financial obligation with your personal circumstances its fine, if not then you might find yourself in financial difficulty.

And if I had the cash I would probably just buy the watch outright. It's a luxury purchase so I would rather pay and get it all done in one go.

beer · 21 November 2015, 09:59 PM

if i had the money upfront then technically there is no reason not to its free money, a lot of people do it with all of their purchases, using 0% credit cards

that said current interest rates may make it not worth the hassle ... personally my bank account is seperate from my interest account, would have to remember to transfer money each month etc, and if you forget just once would probably cost more than all the interest earned over the year

other option for some is to keep the money in stocks .. may argue that is more risk but if i ever made so much loss that there was not enough money in there for a watch , would soon be bankrupt anyway

Rags · 22 November 2015, 12:06 AM

Congrats Paulie but you can't have just one.

Invictus Maneo · 22 November 2015, 01:08 AM

Congratulations, Paul! You got to use their money for a year and now you own the watch free and clear! Looks like it's time to search for another great 0% financing deal!

21 November 2015, 12:42 PM	#1
TheVTCGuy Banned Join Date: Jul 2008 Real Name: Paul Location: San Diego Watch: 126619LB Posts: 21,540	It's ALL Mine So, one year ago, I pulled the trigger on my EX II Polar; Love it I prefer to, and have bought all my Rolexes at an AD. The same one from the sales person by the way, anybody interested I will be glad to pass on the contact info; HIGHLY recomended. Let me say right here that IF you prefer to buy yours from Gray dealers, more power to you. Especially if it is with one of the great sellers here on TRF. I have PERSONALLY done business with Tony (JustRolexes) and I will vouche for his professionalism and honesty. I have heard the same things about DavidSW and several other TRF trusted sellers, so if you choose that method you can't go wrong! I just prefer to buy from an AD. Why, could and has been the topic of several hours of discussion and a bunch of threads, so we won't go in to that here. The point I was going to make was my "financing" of my Rolex. I was ready to put down cash, but my AD, Ben Bridge, offers a "one year same as cash" option. I put down a small amount, I believe it was 20%, and then make monthly payments on the remaining sales price. NO interest or added fees. I thought about it, and decided to take advantage of the offer. Why not? Keep the money I was ready to plunk down in the bank and earn interest on it. Make all the payments, the last one is this months, and for what reason would you NOT want to do this? Has anyone else purcahsed a Rolex this way? I think it's a great. Well, I mailed off the last payment today So now, this EX II is mine, all mine

21 November 2015, 12:45 PM	#2
LuminousMaximus 2024 SubLV41 Pledge Member Join Date: Jan 2013 Location: USA Watch: me hit Huge Lotto Posts: 6,512	Congrat's! your watch cost a little less than your post count...Awesome! __________________ “Every man Dies... Not Every Man, Really Lives.” – William Wallace - To really lives means to live your life to the fullest. It means to chase your dreams, take risks, and to love life. Since everyone’s fate is the same, why not live the best life that you possibly can? In order to really live,you must seize the day. Live each day as if it's your last and overall just do it! Today is a gift, that’s why it’s called the present...

21 November 2015, 01:12 PM	#7
sea-dweller "TRF" Member Join Date: Oct 2007 Real Name: Dennis Location: Bay Area - 925 Posts: 40,018	Congrats! I bought a 1996 GMT II from Tourneau in 1996 with their 2 year, interest free finance plan. Paid it off in 24 months and it was mine! __________________ TRF Member #6699 (since September 2007)

21 November 2015, 02:05 PM	#10
cop414 TRF Moderator & 2024 SubLV41 Patron Join Date: Apr 2012 Real Name: Tim Location: Pennsylvania Watch: 14060M Posts: 72,244	Congratulations Paul, I put my Submariner on "layaway " for 6 months, no interest, no fees and a slight discount, no brainier for me. __________________ Rolex Submariner 14060M Omega Seamaster 2254.50 DOXA Professional 1200T Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons TRF's "After Dark" Bar & NightClub Patron P Club Member #17 2 FA ENABLED

21 November 2015, 02:20 PM	#11
BNA/LION 2024 SubLV41 Pledge Member Join Date: May 2011 Real Name: Larry Location: San Diego, CA Watch: ROLEX Posts: 25,654	Excellent sounds like you got a great new watch! I'm guessing leaving the cash in the bank at a max annual percentage yield of 1.05 percent netted a couple hundred bucks. That's real cash for a making payments every month. IMHO- Buying from a Trusted TRF Seller can provide a much lower net savings as well as a one-time payment on a to ordered new Rolex! (depending on your AD discount) Thanks Takuya and Briboxed! __________________ ✦ 28238 President DD 18K/YG ✦ 16610LN SS Sub ✦ 16613 18K/SS Serti ✦ 16550 Exp II Non-Rail Cream Dial ✦ Daytona C 116500 ✦ 126710 BLRO GMT-Master II ✦ NEXT-->? ⛳ Hole In One! 10/3/19 DMCC 5th hole, par 3, 168 yards w/ 4-Iron.

21 November 2015, 12:49 PM	#4
Dashimmy "TRF" Member Join Date: Aug 2013 Real Name: Heath Location: Elkton Ky Watch: Submariner Posts: 354	Congrats! So, what's next? Now that you got that old payment out of the way? Time for a new one!!!

21 November 2015, 01:09 PM	#6
Boothroyd 2024 SubLV41 Pledge Member Join Date: May 2011 Real Name: Daniel Location: Minneapolis, MN Watch: Wilsdorf(s) Posts: 10,258	Paul, I don't know if every AD does this, but the one I work with in MN does. Haven't purchased that way, but it seems reasonable. Suspect this is for repeat customers (my AD is a jeweler also) and not aligned to Rolex in any way. Congrats..will look good on your wrist in your new Lincoln!

21 November 2015, 01:51 PM	#8
watchwatcher "TRF" Member Join Date: Jan 2009 Real Name: Larry Location: Kentucky Watch: Yes Posts: 35,047	Congrats, Paul...so, what's next?

21 November 2015, 01:56 PM	#9
DLCU2 "TRF" Member Join Date: May 2014 Real Name: Lee Location: USA Watch: me go broke Posts: 131	Congrats! Post an obligatory photo of it!

21 November 2015, 02:43 PM	#12
Lol-x Facilitator Join Date: Nov 2005 Real Name: Steve Location: Omnipresent Posts: 33,588	It is one thing to pay it off if you have the money in the bank to retire the full debt at any time. It is another thing to use this payment plan to buy a watch when you don't have the money to pay it off. Unless you are able to manage that financial obligation with your personal circumstances its fine, if not then you might find yourself in financial difficulty. __________________ *Most folks are about as happy as they make up their minds to be.* ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim

21 November 2015, 03:15 PM	#14
GerardoG Banned Join Date: Oct 2005 Real Name: Gerardo Location: Here Watch: ALL of them Posts: 32,098	Congratulations!!

21 November 2015, 04:47 PM	#15
Angrypuppy "TRF" Member Join Date: Feb 2013 Real Name: Jason Location: FL390 Posts: 2,376	__________________ It's not about the watch a man wears, it's about what a man does while he's wearing the watch....Toomuchtalk

21 November 2015, 07:04 PM	#16
KenNethcole "TRF" Member Join Date: Jun 2014 Location: Socal Posts: 861	I was looking at the Rolex store at South Coast Plaza and they offer me a payment plan. I didn't ask for details because I wasn't planning to buy anything. Congrats on paying off your watch. Enjoy it in good health.

21 November 2015, 07:51 PM	#17
joli160 2024 SubLV41 Pledge Member Join Date: Apr 2013 Location: NL Watch: Yachtmaster Posts: 14,759	Congrats Paul, a man without debt is a rich man __________________ Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711.

21 November 2015, 08:35 PM	#18
Norms "TRF" Member Join Date: Mar 2014 Location: Canada Posts: 279	Nice! Thats a pretty nice financing plan __________________ Rolex GMT master II ceramic, Rolex Datejust, Rolex Datejust II, Rolex Milgauss GV ZBlue, Tudor Black Bay, Tudor Hydronaut I, Tudor Pelagos, Omega Speedmaster Pro

21 November 2015, 09:16 PM	#19
NeoAnderson "TRF" Member Join Date: Sep 2015 Real Name: NeoAnderson Location: Tax Free Shopping Posts: 725	Around my area they offer 24 months 0% interest just have to make a min. Payment every month. 25% interest after 24months. Not bad if you dont want to take a big hit at one time but you have the money anyway.

21 November 2015, 09:27 PM	#20
Urosfan "TRF" Member Join Date: Oct 2012 Location: NYC Watch: Me now Posts: 19,372	Congrats

21 November 2015, 09:30 PM	#21
travisb 2024 SubLV41 Pledge Member Join Date: Aug 2009 Real Name: Travis Location: FL / NYC Watch: Yes.. Posts: 33,493	Congrats! I'm sure it feels even better knowing you own it outright. I've done it in the past but nowadays I try to avoid monthly payments on anything whenever possible. So even when interest free financing is available, I pay in full.

21 November 2015, 09:36 PM	#22
ragingcao "TRF" Member Join Date: Jul 2014 Location: Tokyo Watch: cha talking about? Posts: 2,919	Congrats! Time to make another plan

21 November 2015, 09:59 PM	#24
beer "TRF" Member Join Date: May 2015 Location: Watch Dealer atm! Watch: all Posts: 2,800	if i had the money upfront then technically there is no reason not to its free money, a lot of people do it with all of their purchases, using 0% credit cards that said current interest rates may make it not worth the hassle ... personally my bank account is seperate from my interest account, would have to remember to transfer money each month etc, and if you forget just once would probably cost more than all the interest earned over the year other option for some is to keep the money in stocks .. may argue that is more risk but if i ever made so much loss that there was not enough money in there for a watch , would soon be bankrupt anyway __________________

22 November 2015, 12:06 AM	#25
Rags 2024 Pledge Member Join Date: Jan 2009 Real Name: Chuck Location: SW Florida Watch: 16233,16610,214270 Posts: 11,196	Congrats Paulie but you can't have just one. __________________ 16233 Y Serial Datejust 16610 Z Serial Submariner 214270 Explorer *114300 Oyster Perpetual* *76200 Tudor Date+Day*

22 November 2015, 01:08 AM	#26
Invictus Maneo "TRF" Member Join Date: Dec 2013 Real Name: Ken Location: GMT -5 Watch: 16610 Posts: 1,842	Congratulations, Paul! You got to use their money for a year and now you own the watch free and clear! Looks like it's time to search for another great 0% financing deal!

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)