Too good to be true? Help please

[joshpatto]

I'm just after a bit of advice guys...

I've been looking to buy a Datejust II with white gold bezel. I've found a brand new one (unworn) for sale from a dealer who I believe isn't an AD. The price is just over £5k and I believe this exact model retails for £6.1k. It has all of the protective plastics on, the dealer claims it's a 2016 model and that it comes with Rolex 5 year warranty.

Now am I being stupid or does it have to come from a Rolex dealer to come with the proper warranty? And I have actually came across quite a handful of the same model which are all new and unworn with a price tag the fraction of the RRP.

I've only ever bought a pre-owned sub just for the fact it's the 50th anniversary and they stopped producing when I wanted my hands on one - so I'm a bit of a noob in the new buys with Rolex warranty etc.

If anyone's got any advice on more questions I can ask the seller and if I'm looking through rose tinted glasses that would be great.

Cheers, Josh

[beshannon]

Exactly how comfortable are you giving this person that much money?

[Tools]

Originally Posted by joshpatto

. .

Now am I being stupid or does it have to come from a Rolex dealer to come with the proper warranty? And I have actually came across quite a handful of the same model which are all new and unworn with a price tag the fraction of the RRP.

. . .

Yes, it must have originated with an AD to have a "proper" warranty.

That does not mean that it doesn't, unless it has never gone through proper warranty activation, or is a true Grey Import (which are seldom AD activated).

If it is a simple re-sell (used but never worn) then the card will have whatever time is left on the original warranty.

[joshpatto]

So I've emailed the seller for further info and he's said that the AD is his friend and if I buy this watch he will have my name on the relative paper work and date it from the day I buy it so I presume the warranty hasn't even yet been activated.

My spider senses tend to be tingling here. I mean why would an AD give this guy a legit brand new watch with full warranty for a fraction of the price and then why would this dealer sell the watch with all the necessities for quite a lot less than the RRP?

[joshpatto]

Is there anything more I can ask this bloke to prove authenticity?

[MonBK]

Is this going to be a face to face deal or are you wiring money?

[Chadridv]

Originally Posted by joshpatto

So I've emailed the seller for further info and he's said that the AD is his friend and if I buy this watch he will have my name on the relative paper work and date it from the day I buy it so I presume the warranty hasn't even yet been activated.

My spider senses tend to be tingling here. I mean why would an AD give this guy a legit brand new watch with full warranty for a fraction of the price and then why would this dealer sell the watch with all the necessities for quite a lot less than the RRP?

Here in the states the warranty is activated by the card actually being inserted into what looks exactly like a credit card machine and the number on the card being imputed. That's another question you could ask the seller about? I don't think simply filling out your name and date on a card does the trick anymore.

If your spideysense is tingling however it might be time to walk away.

[dysondiver]

buy the seller ,, would you buy a used car from the same guy ,,,,,

[joshpatto]

Originally Posted by MonBK

Is this going to be a face to face deal or are you wiring money?

If I was to go ahead it will be a bank transfer yes.

I've actually emailed a different guy with a very similar sort of deal... The email is as follows...

"Dear Sir,

This watch is immediately available from our stock and is completely new and unworn.
It comes with box, manual and warranty papers, duly stamped by the official Rolex dealer.
We bought this watch this month from the official Rolex dealer, so it still has the full validity of the 5 years worldwide Rolex warranty!
Furthermore the dealer didn't write any name on the card as he sold it to us.
So there will be no name featured.

This model officially retails at €8,450.
Our best price for this totally new watch is €7,100 which represents almost -16% discount from the official retail price.
Insured door to door shipping with online tracking code to the United Kingdom is €80, this is not included in the watch price."

I just can't get my head around them getting it off the dealer for a lot cheaper as I thought usually a dealer has a set price along with all the other Rolex dealers in the world?

[joshpatto]

Originally Posted by MonBK

Is this going to be a face to face deal or are you wiring money?

If I was to go ahead it will be a bank transfer yes.

I've actually emailed a different guy with a very similar sort of deal... The email is as follows...

"Dear Sir,

This watch is immediately available from our stock and is completely new and unworn.
It comes with box, manual and warranty papers, duly stamped by the official Rolex dealer.
We bought this watch this month from the official Rolex dealer, so it still has the full validity of the 5 years worldwide Rolex warranty!
Furthermore the dealer didn't write any name on the card as he sold it to us.
So there will be no name featured.

This model officially retails at €8,450.
Our best price for this totally new watch is €7,100 which represents almost -16% discount from the official retail price.
Insured door to door shipping with online tracking code to the United Kingdom is €80, this is not included in the watch price."

I just can't get my head around them getting it off the dealer for a lot cheaper as I thought usually a dealer has a set price along with all the other Rolex dealers in the world?

[joshpatto]

If I was to go ahead it will be a bank transfer yes.

I've actually emailed a different guy with a very similar sort of deal... The email is as follows...

Dear Sir,

This watch is immediately available from our stock and is completely new and unworn.
It comes with box, manual and warranty papers, duly stamped by the official Rolex dealer.
We bought this watch this month from the official Rolex dealer, so it still has the full validity of the 5 years worldwide Rolex warranty!
Furthermore the dealer didn't write any name on the card as he sold it to us.
So there will be no name featured.

This model officially retails at €8,450.
Our best price for this totally new watch is €7,100 which represents almost -16% discount from the official retail price.
Insured door to door shipping with online tracking code to the United Kingdom is €80, this is not included in the watch price

I just can't get my head around them getting it off the dealer for a lot cheaper as I thought usually a dealer has a set price along with all the other Rolex dealers in the world?

[joshpatto]

If I was to go ahead it will be a bank transfer yes.

I've actually emailed a different guy with a very similar sort of deal... The email is as follows...

Dear Sir,

This watch is immediately available from our stock and is completely new and unworn.
It comes with box, manual and warranty papers, duly stamped by the official Rolex dealer.
We bought this watch this month from the official Rolex dealer, so it still has the full validity of the 5 years worldwide Rolex warranty!
Furthermore the dealer didn't write any name on the card as he sold it to us.
So there will be no name featured.

This model officially retails at €8,450.
Our best price for this totally new watch is €7,100 which represents almost -16% discount from the official retail price.
Insured door to door shipping with online tracking code to the United Kingdom is €80, this is not included in the watch price

I just can't get my head around them getting it off the dealer for a lot cheaper as I thought usually a dealer has a set price along with all the other Rolex dealers in the world?

[AK797]

Can't you pay by credit card? Then post pics of it here.

[bdex75]

16% off on a DJ2 is by no means so cheap that I would walk from the sale for that alone. Seems like an AD who wants to make room for the new DJ and a reseller that is making a few bucks.


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[t60]

Whether or not the price is good is a moot point IMO. Just based on what OP has mentioned about how the deal is gonna work out makes me uncomfortable enough to pass.

[soundserious]

Pass with extreme prejudice. Not worth the trouble and very suspicious for a scam. The AD is his friend? Yeah right.

[77T]

Umm...no don't do it until you've completed rule#1...

What? You haven't done that yet?

For Seller #1, buy the seller first - I think you haven't...

For Seller #2, run away - Rolex hasn't used "papers" for years...

[joli160]

The price at an AD is not set, so lots of AD's sell with discounts. 16% off MRSP is something you might be able to achieve yourself at an AD.
Even if a little less I would still prefer this route.

Rule 1: buy the seller. On TRF there are a few sellers who made many many verifiable deals without disputes. To those sellers I would wire money without hesitation. Your seller sounds "funny", being a friend from an AD ... and all that. For me this would be a hard no go.
Visit some AD's and see what they can do for you

[kromdom]

your spider sense is tingling. yet you continue to look/ask for reasons to go ahead. and payment will be via wire transfer. sounds like you like to live life dangerously ;)

[masyv6]

If it sounds too good to be true, it probably is.

[RickB8960]

Just the language alone on there reads scam. Run far away and buy from one of the many reputable sellers in here and probably get a better deal.

[joshpatto]

Cheers gents. I'm gonna be the bigger man and walk away and visit my local AD today

[raymondap]

just buy from AD.. peace of mind

[kirksingleton]

Seems fishy to me

[datejust24]

Buy from a trusted seller here and you don't have to worry about a thing...

[joshpatto]

Originally Posted by datejust24

Buy from a trusted seller here and you don't have to worry about a thing...

I've PM'd a few I've seen for sale, see what happens.

[REFZ]

It's very common that grey dealers buy several watches at the time from an AD and they get a nice discount on those watches. Because of the discount the grey dealer can sell the watch for a lower price so there is nothing wrong with that.

Where would all those new watches from grey dealer otherwise come from?

[joshpatto]

So I've been to my local AD. She wasn't budging one bit with the price! She claims that she's heard all Rolex prices will be increasing here in the UK due to Brexit.

Seems pretty believable to me with the GBP to USD and all that jazz. Maybe now is the time to purchase...

[jrs146]

At the end of the day if you can't trust the seller it's not worth it. The majority of the people who get taken for a ride are too focused on the best price and not common sense.


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[Mfrankel2]

pretty simple. When you wire several thousand dollars to someone for a product you don't already have in your possession you are at their mercy. If it's someone who has a track record that's verifiable and can be corroborated by third parties (trusted sellers on this forum) most would agree that it's a minimal risk (not to mention that this forum creates an environment where any seller or buyer who is not treated properly has a significant impact on the future potential business of the other party).

I am very comfortable dealing with trusted sellers here. All other purchases are done solely thru AD's or other major retailers