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Old 7 February 2018, 10:32 PM   #1
The_Watch_Clocker
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Hustling for Deals...

I read all the "incoming" posts but nobody every puts what they paid for the watch.

Why is that?

Don't say etiquette or it's in poor taste. It's the internet and here's goatsy, so please don't even bother.

I'm seeing $7500 for a used explorer 2 on IG (when I bought mine BNIB for $6200 from a trusted seller)

I'm seeing $8200 for a 2010 DJ2 when i can buy a BNIB DJ41 for $8400 today from a trusted seller.

These prices are crazy and as the consumer it's up to us to take back the margins.

Thoughts on that?
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Old 7 February 2018, 11:19 PM   #2
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Prices are coming down on red sea dwellers, hulks, and Batman’s. Daytona not so much, inventories are being restocked at ADs. Grays holding or selling overseas. Be patient.
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Old 7 February 2018, 11:24 PM   #3
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On the note of talking prices... at one point it was against forum rules to discuss price. Now it seems it is ok. Did this change?


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Old 7 February 2018, 11:27 PM   #4
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I just prefer not to talk about specific numbers. The rock bottom price is not the priority for me.

I want the seller to get a good deal, and I want to know that I too was taken care of.

As a business owner in sales, the people that hunt for the lowest possible price with no regard to a relationship...(well, I will just leave it at that).
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Old 7 February 2018, 11:30 PM   #5
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Quote:
Originally Posted by The_Watch_Clocker View Post
I read all the "incoming" posts but nobody every puts what they paid for the watch.

Why is that?
Because there is no reason to
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Old 7 February 2018, 11:34 PM   #6
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Originally Posted by jrs146 View Post
On the note of talking prices... at one point it was against forum rules to discuss price. Now it seems it is ok. Did this change?


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Well that is another forum and I am beginning to see why

Too much emphasis lately on "deals", "investments" and "unfair profits".

High end luxury products are expensive, they always will be.
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Old 7 February 2018, 11:38 PM   #7
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Quote:
Originally Posted by superdog View Post
I just prefer not to talk about specific numbers. The rock bottom price is not the priority for me.

I want the seller to get a good deal, and I want to know that I too was taken care of.

As a business owner in sales, the people that hunt for the lowest possible price with no regard to a relationship...(well, I will just leave it at that).
Well said. Every time money passes from me to another or from another to me I want both of us to feel good about it. From a cab driver to a trusted seller. I never lowball anybody and I cringe when it is attempted on me.
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Old 7 February 2018, 11:38 PM   #8
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Well that is another forum and I am beginning to see why



Too much emphasis lately on "deals", "investments" and "unfair profits".



High end luxury products are expensive, they always will be.


Ah yeah maybe I’m thinking of TimeZone. But I agree with you. It seems every other thread is about either what’s the lowest price or can you believe how high that price is?

Didn’t Someone just start a thread blasting someone for asking 20k for their SkyD? In my opinion that’s totally unnecessary.


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Old 7 February 2018, 11:45 PM   #9
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Slightly O/T perhaps but I went to the AD exploring a trade of my 116231 DKMJ Black MOP romans for a TT SkyD. The salesman whom I knew from his previous job is fairly new and said he'd check with the mgr and call me. He never called. So that ship has sailed and I'll keep the DJ since I DO like it. My point is that the relationship with the AD is paramount and I feel extinguished (put out) rather than distinguished in this case. I plan on stopping in to the AD today and see what reception I get.
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Old 8 February 2018, 12:46 AM   #10
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What I spend on watches is nobody's business. Well...maybe my wife.

If you want to announce your finances to the internet, go ahead, be my guest.

I don't come here to talk money, I come to talk watches. Just by casual observation and buying watches from AD's and TS's, I can fairly well deduce what others are paying...not that it matters to me. And...in my experience, a healthy percentage of people who brag about what they spend are lying anyway.
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Old 8 February 2018, 12:54 AM   #11
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What I spend on watches is nobody's business. Well...maybe my wife.

If you want to announce your finances to the internet, go ahead, be my guest.

I don't come here to talk money, I come to talk watches. Just by casual observation and buying watches from AD's and TS's, I can fairly well deduce what others are paying...not that it matters to me. And...in my experience, a healthy percentage of people who brag about what they spend are lying anyway.
Exactly, the seismic shift in the market this last year has meant money and investment talk is inevitable but let's keep that talk in theory and about the state of play of the market, for personal prices that is what personal messaging is for if you really need to know.
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Old 8 February 2018, 12:59 AM   #12
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Here on TRF transaction costs between ADs seem to be discussed in greater detail than transaction costs with our trusted sellers. No specific rule or reason, this is simply my observation.
Most on here truly feel what Seth stated above and prefer a good deal and KNOW they are being taken care of. We have a many sellers that do just that.
It’s just another to the list of many reasons why so many of us love it here on this forum.
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Old 8 February 2018, 01:02 AM   #13
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Because it’s nobodys business but mine and whoever I bought from.
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Old 8 February 2018, 01:06 AM   #14
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Who cares how much someone spent on their watch? That's their business. On my latest incoming I had a member PM me asking what I spent. I think that's reasonable and I answered honestly. I think that's the better way to do it - PM them privately and ask. I don't think anyone has any sort of obligation to post that publicly however.
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Old 8 February 2018, 01:11 AM   #15
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Prices paid by anyone buying a Rolex are driven by market forces & supply / demand or popularity of a watch . Prices paid are only driven by what people will pay for them & if you want something bad enough you will pay for it . Apart from Rolex AD prices which are pretty rock solid , or people who say/claim they have a relationship with their Rolex AD ( wish I was in a close relationship with mine, I might get a better discount ).
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Old 8 February 2018, 01:34 AM   #16
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I think as a community to get a sense of the market it doesn't hurt to discuss price. If you choose not to, that is your choice and your participation isn't mandatory.

I for one like to know if people are getting 20% off and I am asked to pay msrp, that's not a relationship I prefer to build. I believe in fair relationships and ones that help both sides establish a long lasting relationship.
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Old 8 February 2018, 01:36 AM   #17
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Because it’s nobodys business but mine and whoever I bought from.
well said
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Old 8 February 2018, 03:20 AM   #18
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Quote:
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What I spend on watches is nobody's business. Well...maybe my wife.

If you want to announce your finances to the internet, go ahead, be my guest.

I don't come here to talk money, I come to talk watches. Just by casual observation and buying watches from AD's and TS's, I can fairly well deduce what others are paying...not that it matters to me. And...in my experience, a healthy percentage of people who brag about what they spend are lying anyway.
Agreed.
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Old 8 February 2018, 03:35 AM   #19
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Quote:
Originally Posted by The_Watch_Clocker View Post
I read all the "incoming" posts but nobody every puts what they paid for the watch.

Why is that?

Don't say etiquette or it's in poor taste. It's the internet and here's goatsy, so please don't even bother.

I'm seeing $7500 for a used explorer 2 on IG (when I bought mine BNIB for $6200 from a trusted seller)

I'm seeing $8200 for a 2010 DJ2 when i can buy a BNIB DJ41 for $8400 today from a trusted seller.

These prices are crazy and as the consumer it's up to us to take back the margins.

Thoughts on that?
There is a thread about that
https://www.rolexforums.com/showthread.php?t=581962
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Old 8 February 2018, 03:48 AM   #20
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We all roughly know the prices of these things and we all roughly know the discounts so discussing prices becomes tedious.

The journey of how a watch was obtained and why a particular model chosen is far more interesting.
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Old 8 February 2018, 03:50 AM   #21
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Prices fluctuate almost every month nowadays, no sense in talking numbers
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Old 8 February 2018, 04:15 AM   #22
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I don’t understand why people would be averse to talk of cost. The market is the market and if you are buying or selling, you need to know where the market is. We are simply keeping ourselves informed.


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Old 8 February 2018, 04:19 AM   #23
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The market is the market and if you are buying or selling, you need to know where the market is. We are simply keeping ourselves informed.

Do you want to see the sales receipt and credit card statement as well?
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Old 8 February 2018, 05:13 AM   #24
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I do not see why other make a big deal out of talking numbers. Rolex publishes the prices on their website. Grey dealers publish prices in the classifieds. All the initial information is readily available.

I will also go one step further and say that we are helping other members out by posting "Hey, (insert name of AD/Grey), just gave me 14% off, a watch winder, and a glass of champagne."

If we were all a little more open, TRF could become similar to True Car but for watches.
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Old 8 February 2018, 05:20 AM   #25
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If we were all a little more open, TRF could become similar to True Car but for watches.
So you are suggesting that everyone everywhere should be able to get the same "deal" by simply having some "information" from the internet?

Good luck with that. And having just bought a new car I am glad I did not pay what True Car said I should!
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Old 8 February 2018, 05:20 AM   #26
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I got some good deals on some hard to get models. The owner of the AD asked me not to share it publicly.
I want to refer some good people to the dealer, but I don't want the owner to get in trouble with Rolex. Or people who I refer to him automatically think they deserve a discount just because I got one.
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Old 8 February 2018, 05:47 AM   #27
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I would gladly tell anyone what I paid or sold for,means nothing to me.Not sure why anyone gets uppity about it.If you care not to tell them don’t but don’t see any harm with it.The it’s No ones business what I paid is nonsense.Then don’t tell anyone.Anyone that asks me gets the answer,simple as that.And no I don’t think anyone wants proof like a receipt or credit card statement,I think people just like to be very stand offish for some unknown reason.
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Old 8 February 2018, 06:00 AM   #28
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Quote:
Originally Posted by superdog View Post
I just prefer not to talk about specific numbers. The rock bottom price is not the priority for me.

I want the seller to get a good deal, and I want to know that I too was taken care of.

As a business owner in sales, the people that hunt for the lowest possible price with no regard to a relationship...(well, I will just leave it at that).
Agree with this, especially the part in bold.

I've known plenty of people who constantly try to haggle on price to the point where it's embarrassing. I don't associate with people like that anymore.

I'm here because I care about watches. Not the prices of watches.
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Old 8 February 2018, 06:09 AM   #29
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I think as a community to get a sense of the market it doesn't hurt to discuss price. If you choose not to, that is your choice and your participation isn't mandatory.

I for one like to know if people are getting 20% off and I am asked to pay msrp, that's not a relationship I prefer to build. I believe in fair relationships and ones that help both sides establish a long lasting relationship.
+1

I do not talk about prices, but if someone asks, I have no problem telling them. If they laugh at me that I paid too much, I do not care. I am not an impulsive buyer, so if the price is too high, not matter how much I want it, I will not pay.

Seems like many comments here are protecting sellers. Buyer should be equally protected as I believe this section is reserved to collectors. There is another thread for sellers. At the end, it is a matter of supply and demand, free economy.
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Old 8 February 2018, 06:36 AM   #30
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I’d lose the trust of my ADs if I divulged my pricing. Sorry but eveyone’s on their own.
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