The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX


Go Back   Rolex Forums - Rolex Forum > Rolex & Tudor Watch Topics > Rolex General Discussion

Reply
 
Thread Tools Display Modes
Old 6 July 2019, 07:51 PM   #1
APPRF
"TRF" Member
 
Join Date: May 2019
Location: Here
Posts: 1,480
Rolex AD's turning into Greys

Does Rolex even care about a Rolex AD selling to known flippers, and asking grey market price for popular models. I see threads here saying Rolex doesn't allow ADs to sell over MSRP. From experience I know at least 2 ADs who do (Was offered 2 models for grey market price, and was told by a salesperson that they don't care if the buyer was a known flipper. Is there anything we as customers can do? will Rolex listen if we complain?
APPRF is offline   Reply With Quote
Old 6 July 2019, 08:03 PM   #2
Xtralarg
"TRF" Member
 
Join Date: Dec 2018
Location: London/Dubai
Posts: 713
AD's would loose their status for such selling above MRSP if Rolex have evidence of the same.
Xtralarg is offline   Reply With Quote
Old 6 July 2019, 08:04 PM   #3
uddind
Banned
 
Join Date: Apr 2013
Location: L
Posts: 76
Record the incident and report it to rolex. Shameful act tbh. Genuine buyers being put on the back burner with the higher prices on the grey.
uddind is offline   Reply With Quote
Old 6 July 2019, 08:10 PM   #4
joli160
2024 SubLV41 Pledge Member
 
joli160's Avatar
 
Join Date: Apr 2013
Location: NL
Watch: Yachtmaster
Posts: 14,757
Of course they don’t care, they are in the business of selling watches and that’s what grey sellers do including the difficult models. Why would Rolex be bothered by some who feel entitled to but a watch below it,s market value ?
__________________
Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711.
joli160 is offline   Reply With Quote
Old 6 July 2019, 08:14 PM   #5
APPRF
"TRF" Member
 
Join Date: May 2019
Location: Here
Posts: 1,480
Quote:
Originally Posted by joli160 View Post
Of course they don’t care, they are in the business of selling watches and that’s what grey sellers do including the difficult models. Why would Rolex be bothered by some who feel entitled to but a watch below it,s market value ?
I'm talking about Authorised Rolex Dealers selling way over MSRP, at prices at or a little below Greys market price. I read here that Rolex doesn't allow it.
APPRF is offline   Reply With Quote
Old 6 July 2019, 08:17 PM   #6
Dsmith1974
"TRF" Member
 
Dsmith1974's Avatar
 
Join Date: Sep 2018
Real Name: Duncan
Location: London
Watch: DD 40
Posts: 2,263
Would make some sense. Let the ADs list POA on everything and re-stock the cabinets.
Dsmith1974 is offline   Reply With Quote
Old 6 July 2019, 08:18 PM   #7
APPRF
"TRF" Member
 
Join Date: May 2019
Location: Here
Posts: 1,480
An AD selling at MSRP is already getting 35% to 45% profit, or even more in some cases.
APPRF is offline   Reply With Quote
Old 6 July 2019, 09:24 PM   #8
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,369
Where is this? Some countries have free rein, some don't.
AK797 is offline   Reply With Quote
Old 6 July 2019, 09:28 PM   #9
Alpino
"TRF" Member
 
Alpino's Avatar
 
Join Date: Jul 2012
Location: Paris
Posts: 2,556
Quote:
Originally Posted by APPRF View Post
... I know at least 2 ADs who do (Was offered 2 models for grey market price, ...
Start giving the name and adress of those 2 ADs ... Rolex HQ will soon be aware of this and take appropriate action ...
Alpino is offline   Reply With Quote
Old 6 July 2019, 09:39 PM   #10
jpjsavage
"TRF" Member
 
Join Date: Jun 2011
Location: Manchester
Posts: 199
Are you sure they are brand new watches?

Sent from my LG-H870DS using Tapatalk
jpjsavage is offline   Reply With Quote
Old 6 July 2019, 10:03 PM   #11
APPRF
"TRF" Member
 
Join Date: May 2019
Location: Here
Posts: 1,480
Quote:
Originally Posted by jpjsavage View Post
Are you sure they are brand new watches?

Sent from my LG-H870DS using Tapatalk
100%. I heard rumors, and didn’t believe them, but when I dealt with them first hand it was just unbelievable what’s going on. The strange thing they don’t care if someone contacts Rolex and complains.
APPRF is offline   Reply With Quote
Old 6 July 2019, 10:04 PM   #12
jpjsavage
"TRF" Member
 
Join Date: Jun 2011
Location: Manchester
Posts: 199
In the UK?

Sent from my LG-H870DS using Tapatalk
jpjsavage is offline   Reply With Quote
Old 6 July 2019, 10:07 PM   #13
excelerater
"TRF" Member
 
Join Date: Mar 2019
Location: NY/TN
Posts: 57
Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people
excelerater is offline   Reply With Quote
Old 6 July 2019, 10:08 PM   #14
APPRF
"TRF" Member
 
Join Date: May 2019
Location: Here
Posts: 1,480
Quote:
Originally Posted by jpjsavage View Post
In the UK?

Sent from my LG-H870DS using Tapatalk
Nope. I don’t think this happens in the UK. Most if not all are very respectable.
APPRF is offline   Reply With Quote
Old 6 July 2019, 10:09 PM   #15
Jamie1111
"TRF" Member
 
Join Date: Sep 2018
Location: Australia
Posts: 809
Quote:
Originally Posted by joli160 View Post
Of course they don’t care, they are in the business of selling watches and that’s what grey sellers do including the difficult models. Why would Rolex be bothered by some who feel entitled to but a watch below it,s market value ?


Rolex do care and do not allow it, AD proved doing this are shut down...


Sent from my iPhone using Tapatalk
Jamie1111 is offline   Reply With Quote
Old 6 July 2019, 10:10 PM   #16
THC
2024 SubLV41 Pledge Member
 
THC's Avatar
 
Join Date: Jun 2013
Real Name: Tom
Location: Mandeville La
Watch: 126333
Posts: 10,664
Considering the stock they never get, can you blame any business person for maximizing the supply and demand game?

An AD could possibly counter argue that Rolex breached their agreement by not supplying inventory.
THC is offline   Reply With Quote
Old 6 July 2019, 10:20 PM   #17
APPRF
"TRF" Member
 
Join Date: May 2019
Location: Here
Posts: 1,480
I can’t say which country or region. It’s an important market for Rolex. The AD is very old
APPRF is offline   Reply With Quote
Old 6 July 2019, 10:52 PM   #18
cloudplay
Banned
 
Join Date: Dec 2012
Location: Greater Boston
Posts: 125
Quote:
Originally Posted by THC View Post
Considering the stock they never get, can you blame any business person for maximizing the supply and demand game?
Although one never sees them in the display cases these days, I find it hard to believe that Rolex stopped making Professional series watches or stopped sending them to ADs. They just disappear to people who have "built a relationship" before ever showing up in the display cases. One presumes that being a relative who runs a grey store counts as a "relationship".

Btw, demand seems to be down a bit. Instead of having to buy a Tudor of their choice to get a moderately hot piece, a dealer in Taiwan offered me to buy anything of my choice from his vast sea of Datejusts. In return I would be promised a no date Sub at some unspecified future time

According to him the 4 sales associates in the store have to present their case to the manager whenever a hot piece comes in - the manager then decides who it goes to. My wife asked for a discount on an AP order - the SA told me that he could promise me a 10% discount on an AP, no problem. Only catch is that I would never get it over all the full price offers
cloudplay is offline   Reply With Quote
Old 7 July 2019, 12:34 AM   #19
peterpl
Banned
 
Join Date: Aug 2012
Location: .
Posts: 6,692
Its happening everywhere!!!!! - come on ppl. Who is that naive after all these years where ADs have nothing and every single damn model is available at any gray dealer within 24hrs.

Pretty much all stock are available at gray dealers. One of my best friends who I've known since we were 10 years old is a pretty large gray dealer now in SE Asia. He gets his watches DIRECTLY from ADs and yes all the hot models.

He is the one that opened my eyes and told me they work together to make the most money out of customers. He will get all the hot models and sell them for massive markup and split profits with the AD. Simple.

Everyone is making money except the end customer who is getting ripped. 2 days maximum he can get any watch to his shop for me to pickup. Doesnt matter what model Rolex he will have it.
peterpl is offline   Reply With Quote
Old 7 July 2019, 12:42 AM   #20
APPRF
"TRF" Member
 
Join Date: May 2019
Location: Here
Posts: 1,480
When greys start advertising their new watches on Instagram, I know the local AD got a new shipment
APPRF is offline   Reply With Quote
Old 7 July 2019, 12:52 AM   #21
kultschar
"TRF" Member
 
kultschar's Avatar
 
Join Date: Sep 2011
Location: End of the World
Watch: PP & Rolex
Posts: 1,970
I presume it’s one that is preowned and sold on by the AD
kultschar is offline   Reply With Quote
Old 7 July 2019, 12:54 AM   #22
peterpl
Banned
 
Join Date: Aug 2012
Location: .
Posts: 6,692
Quote:
Originally Posted by APPRF View Post
When greys start advertising their new watches on Instagram, I know the local AD got a new shipment
Hahahaha Yep pretty much sums it up. Thats exactly what I messaged my friend yesterday. He posted up a few new Rolex's a LV, BLRO, BLNR and a few DJs

I pinged him and said did your AD just get a new shipment. He just replied with a smiley face so that means a big yes. LOL
peterpl is offline   Reply With Quote
Old 7 July 2019, 12:55 AM   #23
SMD
"TRF" Member
 
SMD's Avatar
 
Join Date: Jan 2013
Real Name: SMD
Location: LGA/EWR/ORD
Watch: AP/PP
Posts: 3,701
Quote:
Originally Posted by Alpino View Post
Start giving the name and adress of those 2 ADs ... Rolex HQ will soon be aware of this and take appropriate action ...
In the US, Haltoms.
SMD is offline   Reply With Quote
Old 7 July 2019, 01:07 AM   #24
jrs146
"TRF" Member
 
jrs146's Avatar
 
Join Date: Aug 2011
Real Name: Josh
Location: Lost in time
Watch: Me Nae Nae
Posts: 9,823
It wouldn’t surprise me one bit if more than 50% of ADs consistently sold to grays. Maybe not big time dealers directly, buy the guys who constantly unload to them big dealers.
__________________
"Sometimes the songs that we hear are just songs of our own."
-Jerome J. Garcia, Robert C. Hunter
jrs146 is offline   Reply With Quote
Old 7 July 2019, 01:10 AM   #25
McLovin
"TRF" Member
 
Join Date: Sep 2011
Location: USA
Watch: SubC
Posts: 1,014
Quote:
Originally Posted by excelerater View Post
Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people
McLovin is offline   Reply With Quote
Old 7 July 2019, 01:16 AM   #26
Calatrava r
2024 SubLV41 Pledge Member
 
Join Date: Mar 2017
Location: United States
Watch: Rolex and Patek
Posts: 11,417
Quote:
Originally Posted by excelerater View Post
Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people
Do used car dealers, lawyers and real estate sales people sell to gray market dealers?
Calatrava r is offline   Reply With Quote
Old 7 July 2019, 01:21 AM   #27
Tools
TRF Moderator & 2024 SubLV41 Patron
 
Tools's Avatar
 
Join Date: May 2007
Real Name: Larry
Location: Mojave Desert
Watch: GMT's
Posts: 43,514
Quote:
Originally Posted by APPRF View Post
I'm talking about Authorised Rolex Dealers selling way over MSRP, at prices at or a little below Greys market price. I read here that Rolex doesn't allow it.
I don't know why this keeps coming up...

An AD can definitely sell a Rolex above MSRP. MSRP is not a mandatory price for any product, it is a Manufacturers Suggested Retail Price. If they can discount, they can raise stickers too; it works both ways.

Last year they did send Singapore Dealers a letter asking them to reduce their exorbitant pricing policies, and they also started putting market area MSRP on the website. All of that still doesn't make it a law.
__________________
(Chill ... It's just a watch Forum.....)
NAWCC Member
Tools is offline   Reply With Quote
Old 7 July 2019, 01:23 AM   #28
MinMay
Banned
 
Join Date: Apr 2015
Location: United States
Posts: 2,410
Rolex AD's turning into Greys

Hahah at some folks.

Why are you guys recommending davidsw then? Why not boycott him? Why give him the sale then?

It’s just a watch folks. Be happy. No one cares about your watch.

You do realize that you’re crying and bitter over a watch.
MinMay is offline   Reply With Quote
Old 7 July 2019, 01:36 AM   #29
Chadridv
2024 Pledge Member
 
Chadridv's Avatar
 
Join Date: Oct 2014
Real Name: Chadri
Location: LI, NY
Watch: 116610LV
Posts: 11,357
Quote:
Originally Posted by MinMay View Post
Hahah at some folks.

Why are you guys recommending davidsw then? Why not boycott him? Why give him the sale then?

It’s just a watch folks. Be happy. No one cares about your watch.

You do realize that you’re crying and bitter over a watch.
I mostly agree with your sentiment here. I’ve never cried or been bitter once about the situation. I will say this though.

This is a watch forum. To imply it’s stupid that people people really care about these things is silly given the venue. This is a small percentage of real life for most here. While I never ever care for the negativity, I still encourage people to express their feelings regarding watches and specifically Rolex.
Chadridv is offline   Reply With Quote
Old 7 July 2019, 01:46 AM   #30
Littletommy
2024 SubLV41 Pledge Member
 
Littletommy's Avatar
 
Join Date: Apr 2017
Real Name: Mayor Vaughn
Location: Shark City, FL
Posts: 475
Quote:
Originally Posted by excelerater View Post
Scum of the earth any AD that sells to Graymarket dealers IMO..
Right up there with used car dealers,lawyers and real estate sales people

Hey...be nice now!
Littletommy is offline   Reply With Quote
Reply


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

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

WatchesOff5th

DavidSW Watches

Takuya Watches

OCWatches

Asset Appeal

Wrist Aficionado

My Watch LLC


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.