ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

yxc145 · 10 November 2017, 01:12 PM

I live in Chicago, but my family are in Taiwan. Beginning of this year, I asked my brother to put his name on the list for a ceramic Daytona at a authorized dealer where we have bought a few watches from.
My brother called me this morning saying a lady at the dealer said they just got a black dial Daytona in and we are on top of the list. Even though white dial is my first choice, I would take a black one any day. I immediately asked my brother to contact the lady and told her we will pay a deposit over the phone to hold it and will pick it up the next day.
MSRP in Taiwan is about NT400,000 (USD 13,000). My brother asked if 20% deposit is enough. She said sure, that would be NT100,000 (USD 3600). That's when my brother asked the question, "how much is it?" The lady responded "sticker price is NT400,000, we are selling it for NT500,000".

I told him to tell her we are not interested. But I was pretty upset. At least in US, the dealers do not overcharge.

FlexxJr · 10 November 2017, 01:17 PM

I thought ADs weren’t able to sell above MSRP...

tng11 · 10 November 2017, 01:19 PM

Quote:

Originally Posted by FlexxJr

I thought ADs weren’t able to sell above MSRP...

Pretty common in Asia for ADs to do that. Sucks for their loyal customers.

yxc145 · 10 November 2017, 01:24 PM

Quote:

Originally Posted by FlexxJr

I thought ADs weren’t able to sell above MSRP...

In Taiwan, they do. But I thought that's if you want it immediately. I thought if we put our name on the list and wait patiently, it will be the sticker price like ROLEX suggested, when our time comes. We were wrong. those greedy dealers....

FlexxJr · 10 November 2017, 01:27 PM

Quote:

Originally Posted by yxc145

In Taiwan, they do. But I thought that's if you want it immediately. I thought if we put our name on the list and wait patiently, it will be the sticker price like ROLEX suggested, when our time comes. We were wrong. those greedy dealers....

Right I get paying above retail to avoid the wait, but why wait and over pay. Good move on passing..

Al1969 · 10 November 2017, 01:40 PM

Quote:

Originally Posted by yxc145

In Taiwan, they do. But I thought that's if you want it immediately. I thought if we put our name on the list and wait patiently, it will be the sticker price like ROLEX suggested, when our time comes. We were wrong. those greedy dealers....

So much for establishing a “relationship” with that AD. Goes to show there’s no customer loyalty.

Hey, it’s probably still lower than gray market. I see some GD’s prices are climbing and now asking about 50% OVER MSRP!

padi56 · 10 November 2017, 10:01 PM

Quote:

Originally Posted by FlexxJr

I thought ADs weren’t able to sell above MSRP...

On the Rolex web site it clearly states all prices are Rolex's suggested retail price inclusive of V.A.T.So in theory they could charge what they like which unfortunately some do simple answer walk away and do not pay.

crisc416 · 14 November 2017, 07:49 AM

Quote:

Originally Posted by FlexxJr

I thought ADs weren’t able to sell above MSRP...

Me too mmmm

doboy007 · 10 November 2017, 01:29 PM

Bastards!

Bagman · 14 November 2017, 02:31 PM

Quote:

Originally Posted by doboy007

Bastards!

Lol

SG56 · 10 November 2017, 01:31 PM

I'm sorry to hear that, but good for you to deny it.
Paying their price just enables them.

Alexwwjd · 10 November 2017, 01:53 PM

Really bad that they try to do that. They say they are not allowed to offer discounts... so they should not be allowed to charge over MSRP.

Sent from my iPhone using Tapatalk

jrs146 · 10 November 2017, 02:01 PM

Yeah that’s very disappointing! Sorry about that my friend.

Sent from my iPhone using Tapatalk

fidd · 10 November 2017, 02:04 PM

TWD 500k is equal to grey market price in Singapore!!

armen34 · 10 November 2017, 02:15 PM

It's Taiwan

Allanmodel · 10 November 2017, 02:14 PM

What a shame on the AD~~

Sorry to heard that~~

sensui · 10 November 2017, 02:33 PM

Sorry but this is not news in Asia, the next person on the list would probably happily buy it. No loss for the AD.

meganfox17 · 10 November 2017, 04:59 PM

Quote:

Originally Posted by yxc145

MSRP in Taiwan is about NT400,000 (USD 13,000)we are selling it for NT500,000" But I was pretty upset

1st time Sweetheart? Major Bummer!My AD in Malaysia has a BNIB Black 116500 right now and the Pr**k is asking 19 grand !

yxc145 · 11 November 2017, 12:37 AM

Quote:

Originally Posted by meganfox17

1st time Sweetheart? Major Bummer!My AD in Malaysia has a BNIB Black 116500 right now and the Pr**k is asking 19 grand !

well, I thought that is the price if you want one right away and they "source" it for you from another dealer and you pay a premium for it. I didn't know that you still have to pay a premium when you are on the waiting list. That's just messed up.

tng11 · 11 November 2017, 12:39 AM

Quote:

Originally Posted by yxc145

well, I thought that is the price if you want one right away and they "source" it for you from another dealer and you pay a premium for it. I didn't know that you still have to pay a premium when you are on the waiting list. That's just messed up.

Exactly. Why is there a need to wait when they're just going to charge you they grey market price anyways?

These ADs are getting away with this kind of behavior because people are feeding that greed by paying these ridiculous markups. But when the economy tanks, they'll be begging for business again while forgetting how they screwed their loyal customers over.

HogwldFLTR · 14 November 2017, 12:29 PM

Quote:

Originally Posted by yxc145

well, I thought that is the price if you want one right away and they "source" it for you from another dealer and you pay a premium for it. I didn't know that you still have to pay a premium when you are on the waiting list. That's just messed up.

Sorry to hear they did this; time to align with a different dealer. Obviously customer loyalty means little to the current on.

Forum-Dweller · 10 November 2017, 05:10 PM

Make sure you tell them they're never going to see another cent from you again.

Therolexlogin · 10 November 2017, 05:12 PM

I was just in taiwan two weeks ago. Thought I’d try my luck while I was there to look for a white dial Daytona. Called AD’s all the way from Taipei down to Kaohsiung. That’s how much AD’s sell them for $498000NTD. Everyone in line pays that price. If your turn comes and you pass up on it the next person will gladly pick it up. Found a grey market shop selling one for $565000NTD. PCHOME website at the time had two sellers both asking $628000NTD for theirs.

yxc145 · 11 November 2017, 12:38 AM

Quote:

Originally Posted by Therolexlogin

I was just in taiwan two weeks ago. Thought I’d try my luck while I was there to look for a white dial Daytona. Called AD’s all the way from Taipei down to Kaohsiung. That’s how much AD’s sell them for $498000NTD. Everyone in line pays that price. If your turn comes and you pass up on it the next person will gladly pick it up. Found a grey market shop selling one for $565000NTD. PCHOME website at the time had two sellers both asking $628000NTD for theirs.

that's insane!!! maybe I should have picked it up then...

Gaijin · 10 November 2017, 06:05 PM

Super lame of them.

brandrea · 10 November 2017, 10:03 PM

Quote:

Originally Posted by Gaijin

Super lame of them.

Yep

jw0n · 10 November 2017, 06:24 PM

I think most ADs in Asia sell popular steel models for above retail. A supposed clampdown was reported in SG earlier this year, but I do not know if this was thoroughly enforced. Sucks, but if it is any consolation, the ask price here where I am is higher than what you'd be paying.

tng11 · 10 November 2017, 09:54 PM

Quote:

Originally Posted by jw0n

I think most ADs in Asia sell popular steel models for above retail. A supposed clampdown was reported in SG earlier this year, but I do not know if this was thoroughly enforced. Sucks, but if it is any consolation, the ask price here where I am is higher than what you'd be paying.

Or the ADs just backdoor the SS sports models into the grey market.

AK797 · 10 November 2017, 10:50 PM

No country for Rolex men.

LAFLARE · 11 November 2017, 12:26 AM

Quote:

Originally Posted by AK797

No country for Rolex men.

I must watch too much tv/movie because I keep catching all these movie references you make

10 November 2017, 01:12 PM	#1
yxc145 "TRF" Member Join Date: Jul 2017 Real Name: David Location: Chicago Watch: SkyD,JC, BLNR, Ex2 Posts: 1,578	Daytona finally arrived! but... I live in Chicago, but my family are in Taiwan. Beginning of this year, I asked my brother to put his name on the list for a ceramic Daytona at a authorized dealer where we have bought a few watches from. My brother called me this morning saying a lady at the dealer said they just got a black dial Daytona in and we are on top of the list. Even though white dial is my first choice, I would take a black one any day. I immediately asked my brother to contact the lady and told her we will pay a deposit over the phone to hold it and will pick it up the next day. MSRP in Taiwan is about NT400,000 (USD 13,000). My brother asked if 20% deposit is enough. She said sure, that would be NT100,000 (USD 3600). That's when my brother asked the question, "how much is it?" The lady responded "sticker price is NT400,000, we are selling it for NT500,000". I told him to tell her we are not interested. But I was pretty upset. At least in US, the dealers do not overcharge.

10 November 2017, 01:31 PM	#11
SG56 2024 SubLV41 Pledge Member Join Date: Aug 2017 Location: Tampa Watch: SD4K Posts: 2,674	I'm sorry to hear that, but good for you to deny it. Paying their price just enables them. __________________ Sea-Dweller 116600 - the manly one GMT II 16710 - the manly one Daytona 116500 - the manly-womanly one Yacht-Master 268622 - the chick version Speedy Mitsukoshi <3 Tag Heuer Aquaracer WAF141C.BA0824 - the chick version Thank you logan5tx!!! Have to link it. Too long for the signature. https://www.rolexforums.com/showpost...0&postcount=14

10 November 2017, 02:01 PM	#13
jrs146 "TRF" Member Join Date: Aug 2011 Real Name: Josh Location: Lost in time Watch: Me Nae Nae Posts: 9,823	Yeah that’s very disappointing! Sorry about that my friend. Sent from my iPhone using Tapatalk __________________ "Sometimes the songs that we hear are just songs of our own." -Jerome J. Garcia, Robert C. Hunter

10 November 2017, 06:24 PM	#27
jw0n "TRF" Member Join Date: Aug 2013 Real Name: Won Location: Asia Posts: 1,439	I think most ADs in Asia sell popular steel models for above retail. A supposed clampdown was reported in SG earlier this year, but I do not know if this was thoroughly enforced. Sucks, but if it is any consolation, the ask price here where I am is higher than what you'd be paying. __________________ Instagram: @itsjw0n

10 November 2017, 01:17 PM	#2
FlexxJr "TRF" Member Join Date: Jul 2013 Location: NYC Watch: 326939 Posts: 66	I thought ADs weren’t able to sell above MSRP...

10 November 2017, 01:29 PM	#9
doboy007 "TRF" Member Join Date: Oct 2017 Location: SD, CA Watch: BLNR/LVc/SkyD/ND41 Posts: 2,519	Bastards!

10 November 2017, 01:53 PM	#12
Alexwwjd "TRF" Member Join Date: May 2009 Real Name: Alex Location: Texas Watch: Out!!! Posts: 2,352	Really bad that they try to do that. They say they are not allowed to offer discounts... so they should not be allowed to charge over MSRP. Sent from my iPhone using Tapatalk

10 November 2017, 02:04 PM	#14
fidd "TRF" Member Join Date: Jul 2017 Location: Singapore Watch: Rolex & Patek Posts: 139	TWD 500k is equal to grey market price in Singapore!!

10 November 2017, 02:15 PM	#15
armen34 "TRF" Member Join Date: Jun 2015 Location: OC Posts: 1,466	It's Taiwan

10 November 2017, 02:14 PM	#16
Allanmodel "TRF" Member Join Date: Jul 2016 Real Name: Allan Location: Little Red Dot Watch: Still Looking....! Posts: 3,899	What a shame on the AD~~ Sorry to heard that~~

10 November 2017, 02:33 PM	#17
sensui 2024 Pledge Member Join Date: Jan 2016 Location: San Diego, CA Posts: 12,443	Sorry but this is not news in Asia, the next person on the list would probably happily buy it. No loss for the AD.

10 November 2017, 05:10 PM	#22
Forum-Dweller Banned Join Date: Oct 2017 Location: USA Posts: 215	Make sure you tell them they're never going to see another cent from you again.

10 November 2017, 05:12 PM	#23
Therolexlogin "TRF" Member Join Date: Nov 2017 Real Name: Andy Location: Vancouver, Canada Watch: GMT Master II BLNR Posts: 79	I was just in taiwan two weeks ago. Thought I’d try my luck while I was there to look for a white dial Daytona. Called AD’s all the way from Taipei down to Kaohsiung. That’s how much AD’s sell them for $498000NTD. Everyone in line pays that price. If your turn comes and you pass up on it the next person will gladly pick it up. Found a grey market shop selling one for $565000NTD. PCHOME website at the time had two sellers both asking $628000NTD for theirs.

10 November 2017, 06:05 PM	#25
Gaijin 2024 ROLEX DATEJUST41 Pledge Member Join Date: Feb 2007 Location: Japan Watch: ing your back. Posts: 16,179	Super lame of them.

10 November 2017, 10:50 PM	#29
AK797 2024 Pledge Member Join Date: Feb 2010 Real Name: Neil Location: UK Watch: ing ships roll in Posts: 59,369	No country for Rolex men.

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