Quote:
Originally Posted by entendu
Paid my AD a visit today looking for sport Rolex (lol) and got shown a 5230R that I actually liked a lot.
Best they could do on it was near $49k OTT (10% sales tax here). Looking at the greys that's like a $10-15k markup over them!
Is that typical for PP? Rolex DJ is maybe 5-10% discount at a grey but this 5230 is like 25%! Is that just the world of non-sport PP?
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My understanding is that in many areas around the world (including the SF Bay area), there are so many people with massive amounts of disposable income, that they are not thinking how much will I lose if I were to sell this item. These are the type of people ADs in these areas want as clients. There are plenty of ADs elsewhere that will discount significantly because they know a certain watch is a slow mover and will sit around collecting dust. If you travel a little and visit a few ADs, you will eventually learn how to distinguish between these 2 types of ADs.