CPO Chicanery

[Kevin of Larchmont]

Originally Posted by Malum

I’m over this thread .

Apparently not.

[Malum]

Sorry Kevin of larchmont . I Lied .

[KatGirl]

Originally Posted by Malum

I ran a very successful business for many years before I sold and retired . Rape was not one of my tenets .

Now THAT was over the top! Let’s not compare the CPO program to a viloent sexual crime against women. Get some perspective, for goodness sake. Geez!

Kat


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[rmwill]

Get to sleep. Rage cuts into your lifespan.

Originally Posted by Malum

I walked into an out of town AD . Looked into a case containing CPO watches and was given the story of the CPO watches and their magical journey . I wasn’t interested or looking for anything and have enough Rolex watches . The candy coated crap-fest just made me think what a load , then I was told the asking price for middling watches . Thought I’d say something about my experience and wow the torch bearers were sharpening their swords . Hope you had a fun Sunday butting heads .

[Malum]

Originally Posted by KatGirl

Now THAT was over the top! Let’s not compare the CPO program to a viloent sexual crime against women. Get some perspective, for goodness sake. Geez!

Kat


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If you look up the word as a noun it is defined as “an act or instance of robbing “

[Malum]

I’m not done Kev

[KatGirl]

Originally Posted by Malum

If you look up the word as a noun it is defined as “an act or instance of robbing “

Please don’t try to pretend you meant something else. No one thinks of robbery when they hear that word. No one! Get a grip! Yes, the CPO program allows the ADs to take advantage of the market situation, and act like a grey dealer. So what! No one is forced to buy a CPO watch. I won’t. Problem solved.

Kat


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[Malum]

Originally Posted by KatGirl

Please don’t try to pretend you meant something else. No one thinks of robbery when they hear that word. No one! Get a grip! Yes, the CPO program allows the ADs to take advantage of the market situation, and act like a grey dealer. So what! No one is forced to buy a CPO watch. I won’t. Problem solved.

Kat


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Your mind reading abilities are amazing . Real Carny material .

[KatGirl]

So, guys, who won the Masters tournament today? I’m guessing it was not Tiger.

Kat


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[geoach]

no karen it was not tiger

[1st amg]

Oh boy, this went sideways.....fast

[1William]

The CPO program is for certain people and if they choose to buy through it that is their choice. Just business.

[Captain Lee]

The OP is right about the CPO program. A lot of you are so blinded, cries of "capitalism!", etc. Sycophant is the perfect word for some of you when it comes to your AD.

Also words have many meanings. Imagine being so triggered by a word with a plethora of meanings. Maybe buy a dictionary. Some of you need to either get thicker skin or stay off of the interwebs.

[77T]

Originally Posted by 1William

The CPO program is for certain people and if they choose to buy through it that is their choice. Just business.

I agree. It's the Rolex response to a healthy demand for their product - much higher demand that their production capacity. But not for everyone.

It has a premium price for their guarantee against scammers in the secondary market.
- Protects customers of their brand from inauthentic or modified models.
- Protects customers from buying a stolen watch.
- CPO comes with a 2yr warranty.

If one adds the cost/risk of servicing to the price at trusted resellers, it isn't that bad for worry free CPO. Just like a CPO Merc.


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[fsprow]

For any product, when the market price exceeds the recommended retail sales price, people will try to increase their revenues. If one can sell preowned watches at market price, with the added benefit of Rolex service and two year warranty, it seems clear to me that this is a reasonable practice. If market price falls below the retail price, then resellers will be the beneficiaries. Just the way a free market works.

[Watchman001]

Look at Tourneau. They are Rolex. They will sell a used BLNR to one poor sap for way more than the new one they manufacture and have in inventory and sell to someone else. That is not a free market. In a free market, both would sell for the same amount.

OP has a very solid point.

[KatGirl]

Originally Posted by geoach

no karen it was not tiger

Who is Karen? I must have missed her post.

Kat


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[fsprow]

Originally Posted by Watchman001

Look at Tourneau. They are Rolex. They will sell a used BLNR to one poor sap for way more than the new one they manufacture and have in inventory and sell to someone else. That is not a free market. In a free market, both would sell for the same amount.

OP has a very solid point.

No. A free market is not at all one where goods sell for the same price. It is one where buyers and sellers negotiate and agree on a mutually acceptable price. In fact, Rolex and some other watch manufacturers deny a free market by requiring that their AD’s sales of new products are not above MSRP.

[Calatrava r]

Originally Posted by 1st amg

Oh boy, this went sideways.....fast

Yeah, from the first post.

[Gearjockey]

I have no problem with a rant and I’ll never get in the way of a good one.

I saw their game plan a couple years ago when they announced it. I visited the AD around that time and they informed me that Rolex was requiring them to build out an expensive CPO retail operation. I’ve happened by their offerings a few times since and I’ve never really seen anything that struck my fancy.

Apparently, your AD is not reading you.
My AD knew within the first 10 seconds that I was not a CPO customer.
I haven’t been redirected once since our first CPO discussion.

[Kevin of Larchmont]

Originally Posted by Captain Lee

The OP is right about the CPO program. A lot of you are so blinded, cries of "capitalism!", etc. Sycophant is the perfect word for some of you when it comes to your AD.

Also words have many meanings. Imagine being so triggered by a word with a plethora of meanings. Maybe buy a dictionary. Some of you need to either get thicker skin or stay off of the interwebs.

CPO haters and retail incels act like Rolex is selling insulin. It’s just a watch, you don’t need it. Grow up and buy something else.

And it’s true that words have multiple meanings. Take the word Obtuse for instance as it applies to you. Context also has meaning.

[KatGirl]

Originally Posted by Kevin of Larchmont

CPO haters and retail incels act like Rolex is selling insulin. It’s just a watch, you don’t need it. Grow up and buy something else.

And it’s true that words have multiple meanings. Take the word Obtuse for instance as it applies to you. Context also has meaning.

Well said, Kevin.

Kat


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[Watchman001]

Originally Posted by fsprow

No. A free market is not at all one where goods sell for the same price. It is one where buyers and sellers negotiate and agree on a mutually acceptable price. In fact, Rolex and some other watch manufacturers deny a free market by requiring that their AD’s sales of new products are not above MSRP.

I see your point, but then if Rolex does not want to allow free market pricing on new watches, why do they allow it on CPO watches that have their CPO banner on them? The prices should align more closely - a CPO BLNR should not cost 70% more than a new BLNR. Either charge 70% more for new, or restrict AD CPO prices to no higher than MSRP like they do for new watches. What they are doing right now is a turn off.

[fsprow]

Originally Posted by Watchman001

I see your point, but then if Rolex does not want to allow free market pricing on new watches, why do they allow it on CPO watches that have their CPO banner on them? The prices should align more closely - a CPO BLNR should not cost 70% more than a new BLNR. Either charge 70% more for new, or restrict AD CPO prices to no higher than MSRP like they do for new watches. What they are doing right now is a turn off.

I certainly see your point. I guess I don’t know if the CPO prices are negotiable. Personally I prefer to deal with quality resellers than AD’s these days!
Best, Frank

[Watchman001]

Originally Posted by fsprow

I certainly see your point. I guess I don’t know if the CPO prices are negotiable. Personally I prefer to deal with quality resellers than AD’s these days!
Best, Frank

Agreed

[BETRNSX]

Originally Posted by Watchman001

I see your point, but then if Rolex does not want to allow free market pricing on new watches, why do they allow it on CPO watches that have their CPO banner on them? The prices should align more closely - a CPO BLNR should not cost 70% more than a new BLNR. Either charge 70% more for new, or restrict AD CPO prices to no higher than MSRP like they do for new watches. What they are doing right now is a turn off.

agreed. CPO costing more than new is basically being a flipper, who they don't want to sell to but are essentially doing themselves. it'll just drive buyers to other brands.

[EzraPound]

Originally Posted by fsprow

I guess I don’t know if the CPO prices are negotiable. Best, Frank

In my experience, yes.

[njlam]

It is worth noting that to qualify for the Rolex CPO program, the watch has to be at least three years old. This takes the flipper argument out of the equation.

I, for one, am considering the CPO program for a TT DJ w/Jubilee. On the new ones (12 series) the clasp is the standard bulky one, however on the old model (11 series) the clasp is the more subtle hidden one. I prefer the older/11 series model over the new one.

Anyone looking for an older DJ knows there are plenty available, but it is difficult to tell the condition (on-line), if there have been internal modifications, or know if the watch is stolen. Additionally, many preowned DJ for sale do not have B&P.

Especially with models on jubilee bracelet, bracelet stretch is a big issue. CPO models are prescreened to filter these out.

In my experience, buying a preowned watch has usually necessitated sending in the watch for service anyway. For these reasons, I expect to buy this DJ from a CPO program. From what I can tell, the prices of this older/not current model is competitive with buying the newer model.

Knowing it is authentic, not stolen, with B&P and a 2 year warranty is worth it, even if it may cost a couple extra bucks.

[bluestreak]

Comparing the CPO program to Rape. Is something. And pretending that you were really using an obscure definition is a real incel thing to do.

In a world where grey dealers are selling used watches over MSRP, why on earth shouldn’t Rolex do it too? It’s unclear to my why Bob’s Watches and David SW make that surplus and not Rolex?

These are not live saving pharmaceuticals. Feel free to walk away.

[Watchman001]

Originally Posted by bluestreak

Comparing the CPO program to Rape. Is something. And pretending that you were really using an obscure definition is a real incel thing to do.

In a world where grey dealers are selling used watches over MSRP, why on earth shouldn’t Rolex do it too? It’s unclear to my why Bob’s Watches and David SW make that surplus and not Rolex?

These are not live saving pharmaceuticals. Feel free to walk away.

When Rolex itself via Bucherer sells used watches for substantially more than new and tells buyers they cant sell them the new ones, that is messed up. Greys don’t sell BNIB for half of used.