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21 January 2015, 04:38 AM | #91 | |
"TRF" Member
Join Date: Jun 2011
Real Name: Manny
Location: MA
Watch: DD,Sub,GMT,Daytona
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The only reason why i am telling this story is because you seem to believe or at least keep stating how these trusted sellers can purchase fake warranty cards put in the information etc etc. If that was the case RSC would have informed me that the warranty was fake and that I had to pay for service or worse the watch would be confiscated from me if it was a stolen piece of property. I have also discussed with many authorized dealers around me most have been very honest about rolex policy and the way they have to keep receipts or what not. I have also been told by a few people that Rolex does not say how much they can or can not discount a watch, they discourage it, but it lies solely on the person who owns the business. So in my opinion it is entirely reasonable to think that if someone comes in and wants to purchase 3-5 watches that they will get a decent discount, a lot more than the average guy could get walking into a store and purchasing 1 stainless steel piece. Now if we also look at it and realize that these trusted sellers on the forum aren't solely purchasing stainless steel pieces, and also include gold/platinum. It could be very easy to assume that with that much cash on the line the AD will take a bit less of a margin and move those "slower" moving pieces. that is just my take on the situation from my experience and from talking to both AD's and sellers. I do not disagree with the facts you say about fake warrantys being out there etc, this is just the other side of the book |
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21 January 2015, 04:52 AM | #92 |
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Real Name: SMD
Location: LGA/EWR/ORD
Watch: AP/PP
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It's not just about buying in bulk. Trusted sellers factor inventory for retailers. Anyone who knows how that works for other businesses know how expensive that money can be. Not all retailers can afford to continue to bring in their quotas if their inventory is not turning. At some point that dead money needs to be liquid to pay the bills. That is how Trf sellers help. Not all ADs have years of working capital sitting around to ride out slow moving inventory. Rolex knows all of this and accept that it is a necessary evil. If they wanted to shut this down they could easily do so. But it works for them because they keep pushing pieces out the door, and ADs take the inventory (and the risk) on their balance sheet. Margins dont mean a thing if you don't have cash to keep the lights on.
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21 January 2015, 05:14 AM | #93 | |
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21 January 2015, 05:19 AM | #94 |
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Your point is very well taken, but my point is this: You don't know where the watch actually came from, and when you buy from anybody other than an AD it could very easily be a bogus warranty card. It doesn't mean Rolex won't honor the warranty; it just means it could very easily be faked especially considering you probably won't need a real service in the first two years and you'll never know. And in one sense that's fine, if you have no problems. Even if a watch was stolen, you'd never know until Rolex has some reason to check the serial number. I think in case of regulating a clearly new, legitimate watch, they're not going be too vigilant. So does it matter where you got the watch? It does, if you care about the legitimacy of your purchase. In a worse case scenario the watch could be used, or a fake, or stolen, or returned, or just sourced under questionable circumstances.
What I object to in this whole mess is the claim that there's no difference between making a purchase from an authorized dealer and someone who just somehow got a new watch to sell below retail; as if you just saved money and are therefore smarter to do it this way. In that discount is the potential for all kinds of mischief, and no guarantee you got what you thought you did. If you go the AD route you have maximum assurance you got the real deal and the warranty and the knowledge it came straight from the manufacturer and onto your wrist. When you're making a big, expensive purchase that means something to you, I think it's worth paying more. I guess, when you get down to it, it's a matter of priorities. Save a few bucks, or make sure you get a rock-solid watch. |
21 January 2015, 05:43 AM | #95 | |
"TRF" Member
Join Date: Jun 2011
Real Name: Manny
Location: MA
Watch: DD,Sub,GMT,Daytona
Posts: 4,457
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Quote:
I must also say that the watch I purchased that needed to be regulated, had the ad stamp like I said. I called them and discussed the watch with them. So yes again trusted sellers can purchase the watch from an authorized dealer and the DEALER puts your name on the card. so no mischief had been managed, just at the time i got a better deal because of the leg work that one of the trusted sellers had already put in to form a relationship. But hey I have no problem with you keeping your opinion on the sellers, and watches listed on the forum, and I will keep mine, as someone who has walked on both sides of the fence and see advantages both ways. |
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21 January 2015, 06:45 AM | #96 | |
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Location: Very Far Away
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Quote:
Speaking of which, in these other posts outlining how the trusted sellers help keep the ADs in business though solving problems with inventory and financing of same, are you saying Trusted Sellers have more capital on hand that a jeweler that has enough assets to be a Rolex AD? I don't think getting into the Rolex dealer family is exactly easy, and the company probably looks at every aspects of their business, their finances, track record, etc. before signing them on and reviews their business regularly. If they have to rely on this third party stuff to stay afloat that's kind of telling, but then again it's certainly possible. Businesses can thrive one day and crash the next, especially in the luxury market. I must say I've learned a lot in this discussion. I'm not saying you're not 100% right on how this works, but it really seems a bit cockeyed. Thanks for your generosity at letting me keep my opinion. Oh, and I never believe anything I read on forums anyway. It's all absolute bilge. Every last bit of it. Especially my stuff. |
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21 January 2015, 06:52 AM | #97 | |
"TRF" Member
Join Date: Jun 2011
Real Name: Manny
Location: MA
Watch: DD,Sub,GMT,Daytona
Posts: 4,457
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21 January 2015, 07:20 AM | #98 |
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Join Date: Mar 2012
Real Name: John
Location: Manassas,Virginia
Watch: Ol'Bluesy & Hulk
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This thread has really morphed from a constructive conversation into more of a pi$$ing contest. Do you know what makes America great? Freedom to buy what you want where you want. I believe in internet commerce. It has allowed me to obtain certain consumer goods that I cannot find in a retail store. It allows me to purchase my beloved Cuban cigars in a country that imposes an embargo. And it allows me to purchase a new Rolex without the AD B.S. and save some money that I can use elsewhere. 'Nuff said! IBTL.
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21 January 2015, 07:02 PM | #99 |
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Join Date: Nov 2010
Location: Kingstown
Posts: 58,281
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[QUOTE=RollieVerde;5553065]Your point is very well taken, but my point is this: You don't know where the watch actually came from, and when you buy from anybody other than an AD it could very easily be a bogus warranty card. It doesn't mean Rolex won't honor the warranty; it just means it could very easily be faked especially considering you probably won't need a real service in the first two years and you'll never know. And in one sense that's fine, if you have no problems. Even if a watch was stolen, you'd never know until Rolex has some reason to check the serial number. I think in case of regulating a clearly new, legitimate watch, they're not going be too vigilant. So does it matter where you got the watch? It does, if you care about the legitimacy of your purchase. In a worse case scenario the watch could be used, or a fake, or stolen, or returned, or just sourced under questionable circumstances.
QUOTE] It's pretty obvious that your arguments are just that and have nothing to do with reality! |
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