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cryptowatch · 28 March 2016, 04:05 AM

How do you guys finance your rolex purchases? Does everyone pay cash? Store credit? Part cash part credit? Is trading a big part of financing?

RolexPete · 28 March 2016, 04:08 AM

Cash for my most recent pickup....this 16660. Was a Craigslist purchase and for whatever reason the seller wouldn't take Paypal or an out-of-state third party check. LOL.

tmehanna · 28 March 2016, 04:15 AM

Usually credit card when buying from ADs though had to pay cash for the LV as it was a ZERO discount piece, I was offered the 3% credit card commission as a discount if I paid cash which wasn't much but still more than the equivalent points/cashback I get from any of my cards.

albmich · 28 March 2016, 04:19 AM

Always cash. I don't believe in buying things you can't afford

TheRolexKingofLV · 28 March 2016, 04:19 AM

Cash-ola

salvadorsantana · 28 March 2016, 04:21 AM

C A S H or Credit card if any are willing to offer 0% interest for 6-12 months (and seller agrees to sell same as cash)

breitlings · 28 March 2016, 04:27 AM

Wire transfer of cash.

HL65 · 28 March 2016, 04:28 AM

Never finance a watch for me only cash money!

astewartconst · 28 March 2016, 04:28 AM

Cash. No financing on these type items

Sent from my iPhone using Tapatalk

joli160 · 28 March 2016, 04:30 AM

Quote:

Originally Posted by albmich

Always cash. I don't believe in buying things you can't afford

X2

treblarefils · 28 March 2016, 04:31 AM

Sold a car bought a watch HAHAHA.

sallyhats · 28 March 2016, 04:33 AM

18 or 21 month no interest Credit Credit (Citi 21 months for BLNR), finished it off faster than I thought so will be aiming for either a pre-owned submariner or wait for new Daytona.

I don't believe in burning capital when money is given for free, that is if you pay it back in the allotted time.

GB-man · 28 March 2016, 04:36 AM

Credit card which is paid off monthly. Or wire.

the_Hunter · 28 March 2016, 04:36 AM

Normally pay with my credit card, and then pay it off when I get my bill. I like the points and purchase protection.

4srolex · 28 March 2016, 04:37 AM

Cash is king, I would not finance any luxury goods unless 0% APR

AboutTime · 28 March 2016, 04:40 AM

I've used credit cards when buying from authorized dealers. I've used trades and cash (wire and/or Paypal) when buying from "trusted sellers."

ref1655 · 28 March 2016, 04:41 AM

Quote:

Originally Posted by albmich

Always cash. I don't believe in buying things you can't afford

+1...like what's the point of chasing down an AD discount if you wind up paying 18-20% in revolving credit?

Jocke · 28 March 2016, 04:43 AM

Always buy watches cash, if I can't afford luxury things I have to wait.

Quote:

Originally Posted by HL65

Never finance a watch for me only cash money!

Do you drive them to your AD in a carriage?

ecdc · 28 March 2016, 04:45 AM

Quote:

Originally Posted by albmich

Always cash. I don't believe in buying things you can't afford

This, with a twist. I need to have the liquid cash, but I put the purchase itself on a credit card. Partly for the points, partly for purchase protection. And I pay off my credit card every month. If I don't have the free cash to buy something, I don't buy it. Period. (Well, except for real estate.)

hbombkid · 28 March 2016, 04:56 AM

Cash
Trading + cash
Trading and receiving cash.

I like option 3 the best but usually only happens once every couple trades :)

Love · 28 March 2016, 05:01 AM

Quote:

Originally Posted by albmich

Always cash. I don't believe in buying things you can't afford

this

Aceldama · 28 March 2016, 05:05 AM

Quote:

Originally Posted by love

this

+1

Qtip.416 · 28 March 2016, 05:10 AM

Always cash or credit card for the cash back. Never go in debt for these things. :)

leftnose · 28 March 2016, 05:11 AM

If I get a discount for cash, then cash. If not, credit card for the points and then pay it off in full at the end of the month.

A luxury watch isn't something that should create debt.

gummy · 28 March 2016, 05:11 AM

Cash...

Or credit card to get points/rewards then pay off card.

Michael M. · 28 March 2016, 05:11 AM

Never finance watches, always pay cash (wire).

jrs146 · 28 March 2016, 05:11 AM

Quote:

Originally Posted by sallyhats

18 or 21 month no interest Credit Credit (Citi 21 months for BLNR), finished it off faster than I thought so will be aiming for either a pre-owned submariner or wait for new Daytona.

I don't believe in burning capital when money is given for free, that is if you pay it back in the allotted time.

This is a great way to not have to shell out a ton of cash all at once. And at 0% why not? As long as you have the funds or cash-flow to afford it. I'm against credit cards for these types of purchases but I'll take 0% anyday!

lja1821 · 28 March 2016, 05:12 AM

Whatever suits your needs but only You can answer that question. Cash of course is preferred but there are many reasons to use a credit card and I'm sure 90% of the times it is not because you can't afford it.. Happy Easter

Etschell · 28 March 2016, 05:13 AM

If you can't pay cash, or use a credit card that you pay off monthly, don't buy the watch

walds11 · 28 March 2016, 05:14 AM

Cash money!

28 March 2016, 04:05 AM	#1
cryptowatch "TRF" Member Join Date: Jul 2015 Location: United states Posts: 56	How did you finance your Rolex? How do you guys finance your rolex purchases? Does everyone pay cash? Store credit? Part cash part credit? Is trading a big part of financing?

28 March 2016, 04:08 AM	#2
RolexPete "TRF" Member Join Date: Dec 2009 Real Name: Peter Location: Massachusetts Watch: 214270 Mk2 Posts: 1,963	Cash for my most recent pickup....this 16660. Was a Craigslist purchase and for whatever reason the seller wouldn't take Paypal or an out-of-state third party check. LOL. __________________ 2016 Explorer 214270 Mk2 - 1996 Submariner 14060* - 1972 Datejust 1601 1972 Oyster Perpetual 1002 - 1978 Oysterquartz 17000 Omega Seamaster 2265.80 - Omega Seamaster 300 166.0324 *RIP PAL 1942-2015

28 March 2016, 04:19 AM	#4
albmich "TRF" Member Join Date: Aug 2015 Location: WI Watch: SD4k Posts: 1,333	Always cash. I don't believe in buying things you can't afford __________________ ♛ SD4k 116600 ♛ SD43 126600 Ω PloProf 224.32.55.21.01.001

28 March 2016, 04:19 AM	#5
TheRolexKingofLV "TRF" Member Join Date: Jul 2015 Real Name: Trace Location: Vegas/Bay Area Posts: 9,234	Cash-ola __________________ Official Host "The Penthouse Party" Las Vegas 2018 Instagram @tracenunes

28 March 2016, 04:21 AM	#6
salvadorsantana "TRF" Member Join Date: Feb 2015 Location: Orlando Watch: AP/R O L E X Posts: 187	C A S H or Credit card if any are willing to offer 0% interest for 6-12 months (and seller agrees to sell same as cash) __________________ Quality over Quantity

28 March 2016, 04:15 AM	#3
tmehanna "TRF" Member Join Date: Oct 2012 Location: Cairo Watch: LV,BLNR,Serti DJII Posts: 145	Usually credit card when buying from ADs though had to pay cash for the LV as it was a ZERO discount piece, I was offered the 3% credit card commission as a discount if I paid cash which wasn't much but still more than the equivalent points/cashback I get from any of my cards.

28 March 2016, 04:27 AM	#7
breitlings Banned Join Date: Jul 2014 Location: Bethesda Watch: Apple TV Posts: 5,744	Wire transfer of cash.

28 March 2016, 04:28 AM	#8
HL65 TRF Moderator & 2024 SubLV41 Patron Join Date: Dec 2007 Real Name: Ken Location: SW Florida Watch: One on my wrist. Posts: 64,006	Never finance a watch for me only cash money! __________________ *SPEM SUCCESSUS ALIT*

28 March 2016, 04:28 AM	#9
astewartconst "TRF" Member Join Date: Feb 2015 Posts: 453	Cash. No financing on these type items Sent from my iPhone using Tapatalk

28 March 2016, 04:31 AM	#11
treblarefils "TRF" Member Join Date: Feb 2015 Location: ILLST8 Posts: 209	Sold a car bought a watch HAHAHA.

28 March 2016, 04:33 AM	#12
sallyhats "TRF" Member Join Date: Sep 2011 Location: new york Watch: PAM111, BLNR Posts: 242	18 or 21 month no interest Credit Credit (Citi 21 months for BLNR), finished it off faster than I thought so will be aiming for either a pre-owned submariner or wait for new Daytona. I don't believe in burning capital when money is given for free, that is if you pay it back in the allotted time. __________________ PAM 111 GMT II - 116710 BLNR

28 March 2016, 04:36 AM	#13
GB-man 2024 SubLV41 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 37,355	Credit card which is paid off monthly. Or wire. __________________

28 March 2016, 04:36 AM	#14
the_Hunter "TRF" Member Join Date: May 2015 Location: Dallas, Tx Watch: Pepsi Posts: 659	Normally pay with my credit card, and then pay it off when I get my bill. I like the points and purchase protection. __________________ Instagram: MR.HGB03

28 March 2016, 04:37 AM	#15
4srolex "TRF" Member Join Date: Dec 2014 Location: West Coast Watch: Gears in motion Posts: 572	Cash is king, I would not finance any luxury goods unless 0% APR __________________ Rolex, Zenith, Omega, Tag Heuer When people ask how was your day? I tell them: "Same circus just different clowns!"

28 March 2016, 04:40 AM	#16
AboutTime "TRF" Member Join Date: Dec 2011 Location: N California Posts: 909	I've used credit cards when buying from authorized dealers. I've used trades and cash (wire and/or Paypal) when buying from "trusted sellers."

28 March 2016, 04:56 AM	#20
hbombkid "TRF" Member Join Date: Apr 2014 Location: VA Watch: Sub 116610 Posts: 1,082	Cash Trading + cash Trading and receiving cash. I like option 3 the best but usually only happens once every couple trades :)

28 March 2016, 05:10 AM	#23
Qtip.416 "TRF" Member Join Date: May 2014 Location: Toronto, Canada Watch: 1675/1016/5513 Posts: 105	Always cash or credit card for the cash back. Never go in debt for these things. :)

28 March 2016, 05:11 AM	#24
leftnose "TRF" Member Join Date: Feb 2016 Location: USA Posts: 110	If I get a discount for cash, then cash. If not, credit card for the points and then pay it off in full at the end of the month. A luxury watch isn't something that should create debt.

28 March 2016, 05:11 AM	#25
gummy 2024 SubLV41 Pledge Member Join Date: Apr 2012 Real Name: Thomas Location: Midwest USA Watch: AP PP Rolex Posts: 3,348	Cash... Or credit card to get points/rewards then pay off card.

28 March 2016, 05:11 AM	#26
Michael M. Banned Join Date: Aug 2010 Location: Newport Beach, CA Posts: 8,391	Never finance watches, always pay cash (wire).

28 March 2016, 05:12 AM	#28
lja1821 "TRF" Member Join Date: May 2012 Real Name: Joe Location: NJ Watch: 16613ln Posts: 627	How did you finance your Rolex? Whatever suits your needs but only You can answer that question. Cash of course is preferred but there are many reasons to use a credit card and I'm sure 90% of the times it is not because you can't afford it.. Happy Easter

28 March 2016, 05:13 AM	#29
Etschell "TRF" Member Join Date: Dec 2013 Location: FL Watch: platinum sub Posts: 15,884	If you can't pay cash, or use a credit card that you pay off monthly, don't buy the watch __________________ If you wind it, they will run. 25 or 6 to 4.

28 March 2016, 05:14 AM	#30
walds11 "TRF" Member Join Date: Jul 2005 Real Name: Adam Location: Philly ‘burbs Posts: 5,660	Cash money! __________________ Adam

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