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bigblueballoon · 1 August 2016, 09:07 AM

Hi,
I'm new to this forum and hope any Londoners out there will be able to give me some advice.

I had my lady's 26mm datejust stolen a couple of weeks ago and I have been given a letter by the insurance company to use in either Watches of Switzerland, Goldsmiths or Mappin & Webb.

I am allowed to spend £5750 but would like to spend an extra £900 to buy the 31mm rose gold, jubilee datejust with a white dial and fluted bezel.

I just wanted to know if it is possible to negotiate a discount for the Rolex I would like at any of the shops listed above?

Huge thanks for any replies!

sutats · 1 August 2016, 09:38 AM

Hello and welcome! The level of discount is usually based on how available a particular piece is. So unless what you're after is a hard to find piece, I doubt you'll have any trouble negotiating a discount.

WatchinMD · 1 August 2016, 10:18 AM

Welcome! Not sure about the London market specifically, but in the US a slower moving PM ladies piece would definitely be something on which you could negotiate a discount.

Ruud Van Driver · 1 August 2016, 10:58 AM

Similar thread in the Open Discussion Forum with a couple of useful responses:

http://www.rolexforums.com/showthread.php?t=487482

In short, on a reference like what you're after, you should be able to achieve 5 to 10% discount off. Not sure if the insurance paying the first £5,750 will alter the AD's mindset.

Don't be afraid to pick up the phone to other branches of those dealers outside of your neck of the woods. Don't ask, don't get.

Good luck

Blingtone · 1 August 2016, 11:01 AM

Not sure, Mappin & Webb used to discount, but are now a sister company of Watches of Switzerland that is they're both owned by the same company. Last time I asked (last summer) at W O S (on a YM Blue and a DeepSea Blue) no dice. Hope this helps :)

Ruud Van Driver · 1 August 2016, 11:11 AM

Quote:

Originally Posted by Blingtone

Not sure, Mappin & Webb used to discount, but are now a sister company of Watches of Switzerland that is they're both owned by the same company. Last time I asked (last summer) at W O S (on a YM Blue and a DeepSea Blue) no dice. Hope this helps :)

You have more chance of biting your own derrière than getting a discount on a D-Blue. Those scallywags at Watchfinder punt them out at over £1,000 over retail when they get their grubby paws on one.

My AD at Cardiff offered me 5% on a YM blue but a supervisor there is a very long-standing personal friend and I was a very good customer at her previous jeweller.

Much depends on relationship with the AD as well as the particular reference

Palermo · 2 August 2016, 07:33 AM

Quote:

Originally Posted by bigblueballoon

Hi,
I'm new to this forum and hope any Londoners out there will be able to give me some advice.

I had my lady's 26mm datejust stolen a couple of weeks ago and I have been given a letter by the insurance company to use in either Watches of Switzerland, Goldsmiths or Mappin & Webb.

I am allowed to spend £5750 but would like to spend an extra £900 to buy the 31mm rose gold, jubilee datejust with a white dial and fluted bezel.

I just wanted to know if it is possible to negotiate a discount for the Rolex I would like at any of the shops listed above?

Huge thanks for any replies!

Wouldn't bother with Regent Street for M&W or WoS but better off trying shopping centre shops (Bluewater, Lakeside, Westfield Stratford or Westfield White City). Quick ring around would be the best option.

PRH · 2 August 2016, 07:40 AM

Quote:

Originally Posted by Palermo

Wouldn't bother with Regent Street for M&W or WoS but better off trying shopping centre shops (Bluewater, Lakeside, Westfield Stratford or Westfield White City). Quick ring around would be the best option.

Disagree, back in January M&W Regents Street were prepared to offer me 10% on a WG SkyDweller or a YG 40mm DD.

Just hadn't decided which one to buy and glad I waited until I could see my local AD due to issues with the 40mm DD.

teeth man · 2 August 2016, 07:52 AM

Ive had one of these insurance voucher things for GBP 10k, i got an iwc and a rolex and the woman only gave about 50 quid discount in total. If they know you have to spend the money with them and they won't discount. i would try and negotiate a price and then pay with the voucher without telling them initially. may be able to get about 10% off the list if you are lucky but with a rumoured price rinse on the cards they may be unwilling to play ball

AK797 · 2 August 2016, 10:23 AM

On that up to 10% is possible, just go to as many ADs as you can.

kromdom · 2 August 2016, 10:30 AM

IMHO, best way for YOU to find is to PHONE the ADs directly and ask.

The GMT Master · 5 August 2016, 07:21 PM

You won't get a discount on top of using a voucher, the insurance company takes a large cut

sarjoo · 5 August 2016, 07:46 PM

Quote:

Originally Posted by bigblueballoon

Hi,
I'm new to this forum and hope any Londoners out there will be able to give me some advice.

I had my lady's 26mm datejust stolen a couple of weeks ago and I have been given a letter by the insurance company to use in either Watches of Switzerland, Goldsmiths or Mappin & Webb.

I am allowed to spend £5750 but would like to spend an extra £900 to buy the 31mm rose gold, jubilee datejust with a white dial and fluted bezel.

I just wanted to know if it is possible to negotiate a discount for the Rolex I would like at any of the shops listed above?

Huge thanks for any replies!

I agree with one of the other posters, if you don't initally mention the insurance voucher you might have a bit more success pushing the price down, and then once a price is settled on you casually pay with the voucher and add any extra funds required.

At that stage, when paying, if they kick up a fuss then you can simply point out that HOW its being paid for shouldn't affect the price they were willing to offer you. They're getting their money after all.

I wanted to ask you if your watch was insured through a specialist insurer or just added to a home contents policy? In the UK what are people finding is the best way to insure their watch(es) and which is the most reliable at when it comes to paying out?

bigblueballoon · 5 August 2016, 08:23 PM

Thanks for all the replies.

I've rung round loads of ADs in the 3 companies from Scotland to South of England and none will give a discount on the watch due to the imminent price rise. Apparently the world and his wife are coming to the UK to buy Rolexes as the £ exchange rate is in their favour. But some will give me a discount off my first service.

I'm just steeling myself to ask for this discount in one of the shops. Bargaining is so not the British thing

On the insurance point I insured my watch and my husband's Breitling as named items under our home contents insurance with Axa. Although it was stolen in Brussels, I didn't have it insured under my travel insurance as if I had to make a claim they would tell me to claim under my house contents ins.

Keep your fingers crossed I build up enough courage to get my watch this weekend!

Thanks

sarjoo · 5 August 2016, 08:30 PM

Quote:

Originally Posted by bigblueballoon

Thanks for all the replies.

I've rung round loads of ADs in the 3 companies from Scotland to South of England and none will give a discount on the watch due to the imminent price rise. Apparently the world and his wife are coming to the UK to buy Rolexes as the £ exchange rate is in their favour. But some will give me a discount off my first service.

I'm just steeling myself to ask for this discount in one of the shops. Bargaining is so not the British thing

On the insurance point I insured my watch and my husband's Breitling as named items under our home contents insurance with Axa. Although it was stolen in Brussels, I didn't have it insured under my travel insurance as if I had to make a claim they would tell me to claim under my house contents ins.

Keep your fingers crossed I build up enough courage to get my watch this weekend!

Thanks

Thanks for the info, I have had to do the same, stick onto home isurance policy. My provider is quite strict though on their rules...like you have be wearing it when home OR it has to be in the same room.

Also, when you claimed did your provider not try to wiggle out of honouring it? Did they not say it shouldve been on your wrist at all times or anything like that?

kwingy · 5 August 2016, 08:48 PM

I called 4-5 AD's in London when enquiring about the BLNR and neither places like Goldsmiths or Watches Of Switzerland will offer discount on any Rolex Sports Watch. You also can't get interest free finance deals on them anymore so by all means ask but it will get knocked back.

OmegaJJH · 5 August 2016, 10:32 PM

It is my understanding that on SS Sports models you've got no chance but on PM watches then there's some room to play.

AK797 · 5 August 2016, 10:57 PM

Quote:

Originally Posted by bigblueballoon

Thanks for all the replies.

I've rung round loads of ADs in the 3 companies from Scotland to South of England and none will give a discount on the watch due to the imminent price rise. Apparently the world and his wife are coming to the UK to buy Rolexes as the £ exchange rate is in their favour. But some will give me a discount off my first service.

I'm just steeling myself to ask for this discount in one of the shops. Bargaining is so not the British thing

Thanks

Negotiating can be pretty awful here agreed, a civilised and discrete tactic is to write your figure down on a piece of paper and just slide it over, requiring either a nod or shake only. Phoning usually doesn't work at all, they have to see you in person.

HeyitsDexter · 6 August 2016, 01:45 AM

The stores and sales people in those stores want to build a relationship with their customers. That being said, DJs - depending on specs - are easier for them to find than SS sport models. They usually offer 5-10% off. I recently purchased one with a friend at WoS in regeant street. It was two weeks after the Brexit so there was an influx of customers from abroad, coming in to purchase watches (including my friend). Knowing he came to the UK just to do some shopping, he was only given a 3% discount. But he did get his VAT back.

So what I'm trying to say, make sure to let them think you'll be a long time customer.

Insurance was worth it?

bigblueballoon · 7 August 2016, 01:48 AM

Thanks to everyone for their advice.

I finally plucked up courage to go into M&W this morning and buy my watch. I went with the "if you don't ask you don't get " attitude, and although I didn't get a discount on the watch I did get £200 off my first service.

As my husband says "something is better than nothing!!"

So, I finally have my beautiful 31mm rose gold, jubilee strap, white faced, roman numeraled lady's date just!!

So, here's a pic (hopefully):

I love it !

1 August 2016, 09:07 AM	#1
bigblueballoon "TRF" Member Join Date: Jul 2016 Location: London Posts: 6	Can you get a discount from London Rolex AD? Hi, I'm new to this forum and hope any Londoners out there will be able to give me some advice. I had my lady's 26mm datejust stolen a couple of weeks ago and I have been given a letter by the insurance company to use in either Watches of Switzerland, Goldsmiths or Mappin & Webb. I am allowed to spend £5750 but would like to spend an extra £900 to buy the 31mm rose gold, jubilee datejust with a white dial and fluted bezel. I just wanted to know if it is possible to negotiate a discount for the Rolex I would like at any of the shops listed above? Huge thanks for any replies!

1 August 2016, 09:38 AM	#2
sutats "TRF" Member Join Date: Oct 2010 Location: London Posts: 1,225	Hello and welcome! The level of discount is usually based on how available a particular piece is. So unless what you're after is a hard to find piece, I doubt you'll have any trouble negotiating a discount. __________________ There's no such thing as a Submariner No Date, it's simply Submariner. You don't call a Porsche 911 Turbo, a Porsche 911 Turbo No S. www.instagram.com/sutatshorology Post Your Rolex/Tudor Watch Weight (PYRTWW)

1 August 2016, 10:58 AM	#4
Ruud Van Driver "TRF" Member Join Date: Oct 2014 Real Name: Chopped Liver Location: S. Wales Valleys Watch: Mickey Mouse Posts: 9,926	Similar thread in the Open Discussion Forum with a couple of useful responses: http://www.rolexforums.com/showthread.php?t=487482 In short, on a reference like what you're after, you should be able to achieve 5 to 10% discount off. Not sure if the insurance paying the first £5,750 will alter the AD's mindset. Don't be afraid to pick up the phone to other branches of those dealers outside of your neck of the woods. Don't ask, don't get. Good luck __________________ 116520 Black, 116610 LVc, 116660 D-Blue, 116610 LNc, 116622 Blue, PAM359, PAM689, PAM737 *"Why should you allow an AD to shake you down, just so you can buy a watch" - Grady Philpott* Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons

5 August 2016, 08:23 PM	#14
bigblueballoon "TRF" Member Join Date: Jul 2016 Location: London Posts: 6	Thanks for all the replies. I've rung round loads of ADs in the 3 companies from Scotland to South of England and none will give a discount on the watch due to the imminent price rise. Apparently the world and his wife are coming to the UK to buy Rolexes as the £ exchange rate is in their favour. But some will give me a discount off my first service. I'm just steeling myself to ask for this discount in one of the shops. Bargaining is so not the British thing On the insurance point I insured my watch and my husband's Breitling as named items under our home contents insurance with Axa. Although it was stolen in Brussels, I didn't have it insured under my travel insurance as if I had to make a claim they would tell me to claim under my house contents ins. Keep your fingers crossed I build up enough courage to get my watch this weekend! Thanks Last edited by bigblueballoon; 5 August 2016 at 08:27 PM.. Reason: Did the quote wrong

1 August 2016, 10:18 AM	#3
WatchinMD "TRF" Member Join Date: Sep 2014 Real Name: Larry Location: Maryland Watch: Saxonia Moonphase Posts: 3,428	Welcome! Not sure about the London market specifically, but in the US a slower moving PM ladies piece would definitely be something on which you could negotiate a discount.

1 August 2016, 11:01 AM	#5
Blingtone "TRF" Member Join Date: Apr 2010 Real Name: Tony Location: Loughton UK Watch: 16610LV no Rehault Posts: 369	Not sure, Mappin & Webb used to discount, but are now a sister company of Watches of Switzerland that is they're both owned by the same company. Last time I asked (last summer) at W O S (on a YM Blue and a DeepSea Blue) no dice. Hope this helps :)

2 August 2016, 07:52 AM	#9
teeth man "TRF" Member Join Date: Jul 2016 Location: London Posts: 21	Ive had one of these insurance voucher things for GBP 10k, i got an iwc and a rolex and the woman only gave about 50 quid discount in total. If they know you have to spend the money with them and they won't discount. i would try and negotiate a price and then pay with the voucher without telling them initially. may be able to get about 10% off the list if you are lucky but with a rumoured price rinse on the cards they may be unwilling to play ball

2 August 2016, 10:23 AM	#10
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	On that up to 10% is possible, just go to as many ADs as you can.

2 August 2016, 10:30 AM	#11
kromdom "TRF" Member Join Date: Jan 2016 Location: USA Posts: 530	IMHO, best way for YOU to find is to PHONE the ADs directly and ask.

5 August 2016, 07:21 PM	#12
The GMT Master "TRF" Member Join Date: Jul 2008 Real Name: Chris Location: England Posts: 8,150	You won't get a discount on top of using a voucher, the insurance company takes a large cut

5 August 2016, 08:48 PM	#16
kwingy "TRF" Member Join Date: Aug 2016 Location: UK Posts: 1,369	I called 4-5 AD's in London when enquiring about the BLNR and neither places like Goldsmiths or Watches Of Switzerland will offer discount on any Rolex Sports Watch. You also can't get interest free finance deals on them anymore so by all means ask but it will get knocked back.

5 August 2016, 10:32 PM	#17
OmegaJJH "TRF" Member Join Date: May 2013 Real Name: James Location: UK Watch: Rolex & Omega Posts: 6,668	It is my understanding that on SS Sports models you've got no chance but on PM watches then there's some room to play.

6 August 2016, 01:45 AM	#19
HeyitsDexter "TRF" Member Join Date: Jun 2016 Location: London, UK Posts: 17	The stores and sales people in those stores want to build a relationship with their customers. That being said, DJs - depending on specs - are easier for them to find than SS sport models. They usually offer 5-10% off. I recently purchased one with a friend at WoS in regeant street. It was two weeks after the Brexit so there was an influx of customers from abroad, coming in to purchase watches (including my friend). Knowing he came to the UK just to do some shopping, he was only given a 3% discount. But he did get his VAT back. So what I'm trying to say, make sure to let them think you'll be a long time customer. Insurance was worth it?

7 August 2016, 01:48 AM	#20
bigblueballoon "TRF" Member Join Date: Jul 2016 Location: London Posts: 6	Thanks to everyone for their advice. I finally plucked up courage to go into M&W this morning and buy my watch. I went with the "if you don't ask you don't get " attitude, and although I didn't get a discount on the watch I did get £200 off my first service. As my husband says "something is better than nothing!!" So, I finally have my beautiful 31mm rose gold, jubilee strap, white faced, roman numeraled lady's date just!! So, here's a pic (hopefully): I love it !

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