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3 November 2021, 04:53 AM | #1 |
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A. Lange AD Discounts?
Just wondering if ALS ADs (not the boutiques) are still able to offer any discounts on pieces such as the Lange 1 these days?
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3 November 2021, 05:26 AM | #2 |
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About two weeks ago I was offered 15% off a 1815 AC without much fuss. I have purchased a couple of watches from this AD in the past.
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3 November 2021, 05:28 AM | #3 |
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3 November 2021, 05:34 AM | #4 | |
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In the meantime, so long as you don’t care about building a relationship with an AD, the grey market is the way to go for any non-limited Lange.
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3 November 2021, 05:46 AM | #5 |
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15% sounds about right...
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3 November 2021, 05:48 AM | #6 | |
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3 November 2021, 06:51 AM | #7 | |
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3 November 2021, 06:52 AM | #8 |
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Hahaha. Can't say I agree with their thought process there.
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3 November 2021, 07:01 AM | #9 | |
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If you are considering buying from outside your AD, the relationship aspect goes out the window. You might as well get the best price you can then, which would be Grey market over another AD offering 18-20% discount.
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3 November 2021, 07:29 AM | #10 |
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Very much this. ^^^^
15% at AD with relationship, warranty handoff... 20% from others.
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3 November 2021, 07:39 AM | #11 | |
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Also trying to get a sense of if these 15% discounts are ADs will be holding for a while, or will they be going away soon? |
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3 November 2021, 07:57 AM | #12 | ||
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Quote:
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3 November 2021, 08:00 AM | #13 |
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Just to be honest, most of the references aren't even available to ADs anymore. And many have become pseudo-"application pieces" even though this isn't Patek and it makes no sense in many of the cases.
I think Richemont is having Patek-envy, and they're doing it wrong. They want to be a mix between Patek and Richard Mille, and they're neither. |
3 November 2021, 08:04 AM | #14 | |
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3 November 2021, 08:05 AM | #15 |
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Hi,
i was curious- is the WG Odysseus an 'application piece' like it's steel counterpart, or is it available on order? (do they even offer to put you on a waitlist?) |
3 November 2021, 08:55 AM | #16 |
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I’d like a nice clean WG/PT Lange 1 but I don’t really see all that many on the market. 15-20% is within reason then?
Hmm honestly I also want a damn 1921. This hobby would suck if you could buy them all I guess.
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3 November 2021, 09:21 AM | #17 |
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I’ve been keeping an eye out for a Lange 1 pt but very hard to come by pre owned. Wouldn’t mind picking up a Lange 1 MP in pt also.
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3 November 2021, 10:48 AM | #18 | |
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3 November 2021, 12:58 PM | #19 |
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Yeah...Lange 1 moonphase has caught my attention recently.
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3 November 2021, 09:35 PM | #20 |
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I spoke to a Lange Boutique yesterday. I have no relationship with any Lange boutique, but have bought several at auction. Never flipped any of my pieces.
I was inquiring about one of their Handwerkskunst pieces. I love this particular model...but it has certainly not been "flying off the shelves" since its introduction... Without any flexibility, I have been told that I need to first "accredit" myself by buying a non-limited edition piece....the suggestion was that I buy something with a 6 figures price tag... I find it ridiculous. I would literally be buying this "accreditation" piece....for the sole purpose of dumping it....to watchbox or some other grey market dealer. It makes no sense. |
3 November 2021, 09:50 PM | #21 | |
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Same thing that happens with Patek PCs and PCC to some extent. Hence then being available at fat discounts NIB even though they are some of Pateks best work.
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3 November 2021, 09:58 PM | #22 |
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I think the 15% discount that several have mentioned is indicative of the ADs GPM of somewhere close to 40%.
If the customer has a valuable “lifetime purchasing history”, the SA would be allowed to discount - up to a point. Within that ADs display cases are other brands, too. Some with a better GPM could result in a 20-25% discount. But my interpretation is that it seems ALS GPM for ADs is the limiting factor getting more than the 15% that’s being mentioned. Sent from my iPhone using Tapatalk Pro
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3 November 2021, 10:13 PM | #23 | |
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In fact after this one last Richemont piece i'm waiting on think that'll be the last thing i'll ever want from any Richemont-owned brands (until new ownership with common sense happens). Thanks Nsane for confirming my descision, all help is always appreciated.
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3 November 2021, 10:51 PM | #24 |
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I am very realistic. I understand the commercial logic of bundling,...when dealing with "hot pieces". I do not approve it. I understand it.
But when a collector tries to buy a piece...that is top of the line...expensive...and not sought after....demanding that they bundle a lower priced piece....that is almost inevitably of no interest to that collector.......it just makes no sense. |
4 November 2021, 12:58 AM | #25 |
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I bought a datograph pre-owned. Couldn't find one even to try on at an AD. Am I right to assume the discounts only apply to what's under the glass? If you order one you'd be paying full MSRP I've always assumed. And ordering one has become more complicated from what I read above.
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4 November 2021, 08:47 AM | #26 | |
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The margins are the same. And while they might be more incentivized to move what's in the case, there are other reasons to offer you a discount (retention, relationship building, competition with other ADs, whatever). |
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4 November 2021, 02:48 PM | #27 |
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It's getting more and more desirable. Used to be "bundled" with a Lange 1 or similar model. Now 6-12 month wait, again "on application" but the bar is still pretty low compared to the SS Odysseus these days.
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4 November 2021, 07:44 PM | #28 | |
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Did you get the striking time? Hard to tell the way the post is written Sent from my iPhone using Tapatalk |
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5 November 2021, 02:23 AM | #29 | |
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I look fwd to five years from now when things have adjusted. Heck, the many crypto multi-millionaires could mean it'll be like this for a long time. Play on Playa
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__________________ ----> Was Great Seeing Everyone At The TRF December 9 Tampa Meetup <---- https://www.rolexforums.com/showthread.php?t=968133 Love timepieces and want to become a Watchmaker? Rolex has a sensational school. www.RolexWatchmakingTrainingCenter.com/ Sent from my Etch A Sketch using String Theory. |
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5 November 2021, 01:15 PM | #30 |
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Appreciate the insight Simon; the WG Odysseus with the black rubber strap looks fabulous. Being an application piece however- that rules it out for me (i presumed it was a 'presale' piece; didn't that mean no bundling? oh well.)
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