Rolex Forums - Rolex Watch Forum - View Single Post - Panerai to Flip (maybe for Profit)! Need Advice ASAP

Ruud Van Driver · 9 October 2017, 08:58 AM

If you’re open to providing us with details of the dealer via a pm then that tells me the 20% discount is open to anyone.

As had been said above, you’re not going to make a profit on flipping if you buy at 20%. Even the profit from buying at a 40% discount will hardly make it worthwhile. If you go ahead with this, you’re asking to get burned.

I think you might have missed the point about AD v greys. You might be picking up from an AD but your intended market will not be. ADs and (some) greys offer a comeback if the watch develops a problem. What sort of warranty will you offer?

9 October 2017, 08:58 AM	#10
Ruud Van Driver "TRF" Member Join Date: Oct 2014 Real Name: Chopped Liver Location: S. Wales Valleys Watch: Mickey Mouse Posts: 9,924	If you’re open to providing us with details of the dealer via a pm then that tells me the 20% discount is open to anyone. As had been said above, you’re not going to make a profit on flipping if you buy at 20%. Even the profit from buying at a 40% discount will hardly make it worthwhile. If you go ahead with this, you’re asking to get burned. I think you might have missed the point about AD v greys. You might be picking up from an AD but your intended market will not be. ADs and (some) greys offer a comeback if the watch develops a problem. What sort of warranty will you offer? __________________ 116520 Black, 116610 LVc, 116660 D-Blue, 116610 LNc, 116622 Blue, PAM359, PAM689, PAM737 *"Why should you allow an AD to shake you down, just so you can buy a watch" - Grady Philpott* Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons