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Evan614 · 3 January 2010, 04:51 AM

I went into my local AD to check out the solid bracelet on the GMCIIc verses the 'hollow' one on YM. There was a slight difference in weight and 'feel'. I do like the new clasp on the GMCII, the older version on the YM seemed weak (lacked body). I just prefer the bezel on the YM.

Here's the kicker---
The YM was a "D" serial (made in 2004-2006ish maybe 07).
I pointed it out to him that this is a D and is approximate 3 plus years old. He seems not very concerned. So I asked him how much they are asking for this 3+ year old watch. He flipped over the price tag and it said $10k. I smiled and said yeah and how much are you taking off of that... and he said it depends.. was I planning to pay by cash. (now he is playing a game)

My AD is nuts to think I would buy a 3+ year old watch for FULL boat price and only knock money off if paying by cash. I guess that explains why he still has it in inventory.

LovesRolexes123 · 3 January 2010, 05:13 AM

It sounds like he was asking if you were paying by cash to determine how MUCH he was taking off the price (not IF he was taking anything off the price). (Unless I am reading your post incorrectly). Remember, the YM does not sell as quickly as many of the other sport models, so a D Yachtmaster isn't that unusual for an AD to have in his case. Plus, he may not have received it until a period of time had passed since it was manufactured. Also, you have to remember the following 2 points: 1). Once he sells to you, then he needs to purchase a new one from Rolex to replace it, based on the current MSRP. 2). Regardless, you should be getting at least 20 per cent off on that watch, whether you pay cash or not. If you pay cash, you'll probably get 25 per cent off.

Also, I assume that you were looking at at two-tone Yachtmaster (since the SS / Platinum one has solid center links -- someone correct me if I am wrong about this -- and the TT Yachtmaster has hollow center links).

Of course, I was not present to witness the tone and tenor of your interaction with the AD, so maybe he was just playing games w/you -- in which case you should find a new AD. Either way, it's a nice watch, so good luck and enjoy!

Fiery · 3 January 2010, 05:26 AM

I don't think he's nuts. He just wanted to find out how serious you are. I think if you had $8000 cash with you, and would have presented to him, the YM could have been yours.

Evan614 · 3 January 2010, 05:30 AM

Quote:

Originally Posted by LovesRolexes123

It sounds like he was asking if you were paying by cash to determine how MUCH he was taking off the price (not IF he was taking anything off the price). (Unless I am reading your post incorrectly). Remember, the YM does not sell as quickly as many of the other sport models, so a D Yachtmaster isn't that unusual for an AD to have in his case. Plus, he may not have received it until a period of time had passed since it was manufactured. Also, you have to remember the following 2 points: 1). Once he sells to you, then he needs to purchase a new one from Rolex to replace it, based on the current MSRP (which I believe is $9,450). 2). Regardless, you should be getting at least 20 per cent off on that watch, whether you pay cash or not. If you pay cash, you'll probably get 25 per cent off.

Of course, I was not present to witness the tone and tenor of your interaction with the AD, so maybe he was just playing games w/you -- in which case you should find a new AD. Either way, it's a nice watch, so good luck and enjoy!

He told me the price and he was done.. Usually they look at the price, take out a calculator, to make it look good, and say "$XYZ". nahhh this guy just read the price as if it was set in stone. So after a several seconds of no calculator, I then asked, well what are you taking off that price. Now he was acting like we usually don't take anything off. As an act of kind gesture, they would take 'something off' if I paid cash. He didn't go any further so neigher did I. I figured if he got around $8500 I would bite.
You would think, since it was 'old', that he would give me a "good" price to 'move' it.

NOPE

CoopJr · 3 January 2010, 05:35 AM

I'm sorry but a D serial has been sitting around quite while! If you're really interested, research the prices of D's (say 2-3 years ago) and see if he'll negotiate a price based on the original MSRP. And let him know that you know that a 5 year servicing will be due sooner on that one then on a V serial.

I still don't get what business model says if you don't sell something, then jack up it's price!

JJ Irani · 3 January 2010, 05:37 AM

It's really very straight forward.........

When the AD asked you if you were willing to pay cash, you should have simply replied: "Yes, what's the best deal you can do me on cash?"

....and just taken it from there.

JJ

CoopJr · 3 January 2010, 05:39 AM

Oops...OK...saw your post above mine...looks like he'd rather make nothing than something.

flyinbrian · 3 January 2010, 05:42 AM

There is an art of negotiation and it sounds like neither of you had it which is to bad as it sounds like you wanted to buy and I am sure the AD would like to of made a sale.

JJ Irani · 3 January 2010, 05:43 AM

Quote:

Originally Posted by flyinbrian

There is an art of negotiation and it sounds like neither of you had it which is to bad as it sounds like you wanted to buy and I am sure the AD would like to of made a sale.

Nicely put!! Somewhere in those negotiations, the big word EGO somehow came into the equation, leaving both parties at a loss.

JJ

Safetrends · 3 January 2010, 05:47 AM

Another thing you can do is leave the AD and find another AD that will give you a discount.

The AD does not have to give a discount to anyone that is his right and you have the right to move to the next AD.

Easy fix.

Evan614 · 3 January 2010, 05:57 AM

Quote:

Originally Posted by flyinbrian

There is an art of negotiation and it sounds like neither of you had it which is to bad as it sounds like you wanted to buy and I am sure the AD would like to of made a sale.

Yup

I wanted to buy, but if I open with a low number (low number in his eyes but a reasonable one based on info from this site)... I didn't want to make it seem like I was unable to afford it. Neither did I want to come out with a number higher than their lowest number. Hence I was looking for him to start with a number.

JJ Irani · 3 January 2010, 06:00 AM

Quote:

Originally Posted by Evan614

Yup

I wanted to buy, but if I open with a low number (low number in his eyes but a reasonable one based on info from this site)... I didn't want to make it seem like I was unable to afford it. Neither did I want to come out with a number higher than their lowest number. Hence I was looking for him to start with a number.

You should have egged on......that's where you lost the plot.

I can bet you my last bottom dollar, the AD was keen on getting rid of that NOS YM, which in any case, is a slow seller.

All you had to do was be a little more persuasive and "pushy", slapped your front pocket indicating you had cash on hand and the AD would have taken the bait.

He would have then quoted you a price, which you could have haggled on and brought him down even more.

You need to learn the art of bargaining from the Asians - we do it best!!

LovesRolexes123 · 3 January 2010, 06:02 AM

Make an offer of 28 per cent off, cash, tax included, out the door, and see what he says. if you end up with 25 per cent off out the door, tax included, then that will be a good deal. I have so spoken! :) (but what do I know, just my 2 cents!).

Safetrends · 3 January 2010, 06:04 AM

Quote:

Originally Posted by JJ Irani

You should have egged on......that's where you lost the plot.

I can bet you my last bottom dollar, the AD was keen on getting rid of that NOS YM, which in any case, is a slow seller.

All you had to do was be a little more persuasive and "pushy", slapped your front pocket indicating you had cash on hand and the AD would have taken the bait.

He would have then quoted you a price, which you could have haggled on and brought him down even more.

You need to learn the art of bargaining from the Asians - we do it best!!

I disagree with that, here in San Diego we have people who live South of San Ysidro who are restless to the point of being rude with you. And JJ I do not see you as being rude.

JJ Irani · 3 January 2010, 06:05 AM

Quote:

Originally Posted by LovesRolexes123

Make an offer of 28 per cent off, cash, tax included, out the door, and see what he says. if you end up with 25 per cent off out the door, tax included, then that will be a good deal. I have so spoken! :) (but what do I know, just my 2 cents!).

Your measly 2 cents would be worth quite a few dollars by way of savings to the OP - excellent suggestion!!

CoopJr · 3 January 2010, 06:07 AM

Quote:

Originally Posted by LovesRolexes123

Make an offer of 28 per cent off, cash, tax included, out the door, and see what he says. if you end up with 25 per cent off out the door, tax included, then that will be a good deal. I have so spoken! :) (but what do I know, just my 2 cents!).

THAT would be sweet! Great advice!

CoopJr · 3 January 2010, 06:09 AM

Then that AD will know he's dealing with a pro!!

CoopJr · 3 January 2010, 06:10 AM

Quote:

Originally Posted by LovesRolexes123

(but what do I know, just my 2 cents!).

My gut tells me you know more than you're letting on!

BASSETHOUNDS · 3 January 2010, 06:18 AM

Show him the money !!!

armoredsaint · 3 January 2010, 06:21 AM

which store in Ohio?

flyinbrian · 3 January 2010, 06:23 AM

When I purchased my GMTIIc I researched what the watches were going for in the grey market and then lurked around here looking for what sort of deals an AD might be giving. I decided I wanted to go through an AD as I had been taken a year ago on an Explorer II and I wanted the piece of mind of going through an AD.
Once I decided what was a fair price I visited the one and only local AD and emailed 5 others within a couple hours of my home. Local AD did not bite and I received one email from an AD 2 hours away that stated he could not discuss price via email but to give him a call. Called him up and the rest is history. Paid cash, got a nice discount with no tax and had a very pleasant buying experience at a price that was cheaper than grey market dealers at that time. No ego's involved or haggling. Price was fair for both and AD gained a new customer.
So what I am trying to say is if you have a fair price in mind and it is backed up from some research, make the offer and feel confident it is fair. I am sure if it is the AD will more than likely take it and you will both walk away happy.

Evan614 · 3 January 2010, 06:26 AM

One equation you guys are not thinking about---
I can go back at any time of any day of the week and negotiate to the price I want (and "be pushy" at it.)
He can't. If he wants a sale he needs to act.

I can bring up all the stats of selling prices for other ADs, at any time.

Granted I failed to inform him I was "ready to buy today", but he didn't give me the right vibe of why I should purchase from him.

JJ, unfortunately in the USA most of the pricing is set and negotiating a lower price is less of the norm here. I never grew up in a haggling environment, so I am sure I am not the best at it.
I am sure if I walked in, with enough cash, and asked to talk to the owner I am sure he would of not let me walk out with a naked wrist.

petesjag · 3 January 2010, 06:33 AM

If he is 'your AD', then he and you would both know how to make the deal,,, He is 'an AD', and its obvious that you were both on different wave lenghts.
If your still interested head back with the advice that your fellow TRF members have offered..Its never too late to make a deal....
good luck,
pete

Mr. K · 3 January 2010, 06:49 AM

Quote:

Originally Posted by LovesRolexes123

Make an offer of 28 per cent off, cash, tax included, out the door, and see what he says. if you end up with 25 per cent off out the door, tax included, then that will be a good deal. I have so spoken! :) (but what do I know, just my 2 cents!).

Yes go back if you want the watch. If you can get 25% off tax included (out the door) then IMHO that would be a screaming deal for a new watch from an AD! $7500 and NO TAX.

Those discounts were not availlable a few yeas ago, but with the down economy the buyer has the edge... take advantage.

Good luck!

LovesRolexes123 · 3 January 2010, 06:54 AM

Maybe I know too much from having bought too many watches! (This is in reply to CoopJr's post incidentally).

Dr.Brian · 3 January 2010, 08:23 AM

Quote:

Originally Posted by Evan614

JJ, unfortunately in the USA most of the pricing is set and negotiating a lower price is less of the norm here. I never grew up in a haggling environment, so I am sure I am not the best at it.
I am sure if I walked in, with enough cash, and asked to talk to the owner I am sure he would of not let me walk out with a naked wrist.

I've negotiated the price of every luxury item that I have ever bought, from cars to diamonds and watches. All luxury items are negotiable. All sticker prices are suggested retail, nothing more. It has nothing to do with what I can afford, but what I am willing to pay and what they are willing to accept on any given day. The best example is shopping in the caribbean. When there are cruise ships in, the shops are full and deals are rare, 2 days without ships (and customers) and the sky is the limit!
Note: This will not work at walmart or starbucks!

armoredsaint · 3 January 2010, 09:26 AM

my local three AD won't nego on Rolex prices, they were willing to for TAGs and others.

ingoodtime · 3 January 2010, 09:34 AM

Quote:

Originally Posted by Evan614

Yup

I wanted to buy, but if I open with a low number (low number in his eyes but a reasonable one based on info from this site)... I didn't want to make it seem like I was unable to afford it. Neither did I want to come out with a number higher than their lowest number. Hence I was looking for him to start with a number.

Stalemate!

Leasky · 3 January 2010, 12:32 PM

There is always room for movement.

Dont be shy of opening with a low number.

If you have a bag full of cash; start as low as you feel and move towards him as you see fit. Just be sure that he knows that you can, if need be, afford to pay his price in cash, there and then.

As we say at home:

"Shy children get no candy".

I appreciate that we are part of a global forum and what may be true in America is not true in say, Scotland, but the global market place has some very similar trends and I think that 2010 will see cash as being king.

Your AD perhaps does not need the sale - he may have made money on other items but, in general, I feel that there is always room for polite negotiation.

As Robin Williams says:

"If women ruled every Country there would be no more wars. Just intense negotiation every 28 days".

Good luck.

Colin.

RolexPete32 · 3 January 2010, 12:54 PM

The YM has hollow links like on the sub??????

3 January 2010, 04:51 AM	#1
Evan614 "TRF" Member Join Date: Dec 2009 Location: Buckeye Nation Watch: out 4 Panerai bug Posts: 414	My AD is nuts I went into my local AD to check out the solid bracelet on the GMCIIc verses the 'hollow' one on YM. There was a slight difference in weight and 'feel'. I do like the new clasp on the GMCII, the older version on the YM seemed weak (lacked body). I just prefer the bezel on the YM. Here's the kicker--- The YM was a "D" serial (made in 2004-2006ish maybe 07). I pointed it out to him that this is a D and is approximate 3 plus years old. He seems not very concerned. So I asked him how much they are asking for this 3+ year old watch. He flipped over the price tag and it said $10k. I smiled and said yeah and how much are you taking off of that... and he said it depends.. was I planning to pay by cash. (now he is playing a game) My AD is nuts to think I would buy a 3+ year old watch for FULL boat price and only knock money off if paying by cash. I guess that explains why he still has it in inventory.

3 January 2010, 05:37 AM	#6
JJ Irani Fondly Remembered Join Date: May 2005 Real Name: JJ Location: Auckland, NZ Watch: ALL SOLD!! Posts: 74,319	It's really very straight forward......... When the AD asked you if you were willing to pay cash, you should have simply replied: "Yes, what's the best deal you can do me on cash?" ....and just taken it from there. JJ __________________ Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!!

3 January 2010, 05:13 AM	#2
LovesRolexes123 Member Join Date: Jan 2008 Location: New England Posts: 69	It sounds like he was asking if you were paying by cash to determine how MUCH he was taking off the price (not IF he was taking anything off the price). (Unless I am reading your post incorrectly). Remember, the YM does not sell as quickly as many of the other sport models, so a D Yachtmaster isn't that unusual for an AD to have in his case. Plus, he may not have received it until a period of time had passed since it was manufactured. Also, you have to remember the following 2 points: 1). Once he sells to you, then he needs to purchase a new one from Rolex to replace it, based on the current MSRP. 2). Regardless, you should be getting at least 20 per cent off on that watch, whether you pay cash or not. If you pay cash, you'll probably get 25 per cent off. Also, I assume that you were looking at at two-tone Yachtmaster (since the SS / Platinum one has solid center links -- someone correct me if I am wrong about this -- and the TT Yachtmaster has hollow center links). Of course, I was not present to witness the tone and tenor of your interaction with the AD, so maybe he was just playing games w/you -- in which case you should find a new AD. Either way, it's a nice watch, so good luck and enjoy!

3 January 2010, 05:26 AM	#3
Fiery "TRF" Member Join Date: Jul 2009 Location: Europe Watch: Sub-C 116610LN Posts: 2,649	I don't think he's nuts. He just wanted to find out how serious you are. I think if you had $8000 cash with you, and would have presented to him, the YM could have been yours.

3 January 2010, 05:35 AM	#5
CoopJr "TRF" Member Join Date: Oct 2007 Real Name: Coop Location: U.S.A. Watch: Subs Posts: 6,455	I'm sorry but a D serial has been sitting around quite while! If you're really interested, research the prices of D's (say 2-3 years ago) and see if he'll negotiate a price based on the original MSRP. And let him know that you know that a 5 year servicing will be due sooner on that one then on a V serial. I still don't get what business model says if you don't sell something, then jack up it's price!

3 January 2010, 05:39 AM	#7
CoopJr "TRF" Member Join Date: Oct 2007 Real Name: Coop Location: U.S.A. Watch: Subs Posts: 6,455	Oops...OK...saw your post above mine...looks like he'd rather make nothing than something.

3 January 2010, 05:42 AM	#8
flyinbrian 2024 ROLEX DATEJUST41 Pledge Member Join Date: Nov 2008 Real Name: Brian Location: AZ Watch: Rolex Posts: 858	There is an art of negotiation and it sounds like neither of you had it which is to bad as it sounds like you wanted to buy and I am sure the AD would like to of made a sale.

3 January 2010, 05:47 AM	#10
Safetrends Banned Join Date: Oct 2009 Real Name: David Walz Location: San Diego CA USA Watch: my hand. :) Posts: 9,156	Another thing you can do is leave the AD and find another AD that will give you a discount. The AD does not have to give a discount to anyone that is his right and you have the right to move to the next AD. Easy fix.

3 January 2010, 06:02 AM	#13
LovesRolexes123 Member Join Date: Jan 2008 Location: New England Posts: 69	Make an offer of 28 per cent off, cash, tax included, out the door, and see what he says. if you end up with 25 per cent off out the door, tax included, then that will be a good deal. I have so spoken! :) (but what do I know, just my 2 cents!).

3 January 2010, 06:18 AM	#19
BASSETHOUNDS Banned Join Date: Oct 2009 Real Name: Tristan Location: GIRONA , SPAIN Watch: 116520/660/710/334 Posts: 7,147	Show him the money !!!

3 January 2010, 06:21 AM	#20
armoredsaint "TRF" Member Join Date: Dec 2009 Real Name: Bubba Location: Ohio, USA Watch: GMT Master IIc SS Posts: 318	which store in Ohio?

3 January 2010, 06:23 AM	#21
flyinbrian 2024 ROLEX DATEJUST41 Pledge Member Join Date: Nov 2008 Real Name: Brian Location: AZ Watch: Rolex Posts: 858	When I purchased my GMTIIc I researched what the watches were going for in the grey market and then lurked around here looking for what sort of deals an AD might be giving. I decided I wanted to go through an AD as I had been taken a year ago on an Explorer II and I wanted the piece of mind of going through an AD. Once I decided what was a fair price I visited the one and only local AD and emailed 5 others within a couple hours of my home. Local AD did not bite and I received one email from an AD 2 hours away that stated he could not discuss price via email but to give him a call. Called him up and the rest is history. Paid cash, got a nice discount with no tax and had a very pleasant buying experience at a price that was cheaper than grey market dealers at that time. No ego's involved or haggling. Price was fair for both and AD gained a new customer. So what I am trying to say is if you have a fair price in mind and it is backed up from some research, make the offer and feel confident it is fair. I am sure if it is the AD will more than likely take it and you will both walk away happy.

3 January 2010, 06:26 AM	#22
Evan614 "TRF" Member Join Date: Dec 2009 Location: Buckeye Nation Watch: out 4 Panerai bug Posts: 414	One equation you guys are not thinking about--- I can go back at any time of any day of the week and negotiate to the price I want (and "be pushy" at it.) He can't. If he wants a sale he needs to act. I can bring up all the stats of selling prices for other ADs, at any time. Granted I failed to inform him I was "ready to buy today", but he didn't give me the right vibe of why I should purchase from him. JJ, unfortunately in the USA most of the pricing is set and negotiating a lower price is less of the norm here. I never grew up in a haggling environment, so I am sure I am not the best at it. I am sure if I walked in, with enough cash, and asked to talk to the owner I am sure he would of not let me walk out with a naked wrist.

3 January 2010, 06:33 AM	#23
petesjag "TRF" Member Join Date: Nov 2009 Location: netherlands Posts: 2,177	If he is 'your AD', then he and you would both know how to make the deal,,, He is 'an AD', and its obvious that you were both on different wave lenghts. If your still interested head back with the advice that your fellow TRF members have offered..Its never too late to make a deal.... good luck, pete

3 January 2010, 06:54 AM	#25
LovesRolexes123 Member Join Date: Jan 2008 Location: New England Posts: 69	Maybe I know too much from having bought too many watches! (This is in reply to CoopJr's post incidentally).

3 January 2010, 09:26 AM	#27
armoredsaint "TRF" Member Join Date: Dec 2009 Real Name: Bubba Location: Ohio, USA Watch: GMT Master IIc SS Posts: 318	my local three AD won't nego on Rolex prices, they were willing to for TAGs and others.

3 January 2010, 12:32 PM	#29
Leasky "TRF" Member Join Date: Jun 2008 Real Name: Colin Leask. Location: Scotland, UK. Watch: 118238 YG DD. Posts: 723	There is always room for movement. Dont be shy of opening with a low number. If you have a bag full of cash; start as low as you feel and move towards him as you see fit. Just be sure that he knows that you can, if need be, afford to pay his price in cash, there and then. As we say at home: "Shy children get no candy". I appreciate that we are part of a global forum and what may be true in America is not true in say, Scotland, but the global market place has some very similar trends and I think that 2010 will see cash as being king. Your AD perhaps does not need the sale - he may have made money on other items but, in general, I feel that there is always room for polite negotiation. As Robin Williams says: "If women ruled every Country there would be no more wars. Just intense negotiation every 28 days". Good luck. Colin.

3 January 2010, 12:54 PM	#30
RolexPete32 "TRF" Member Join Date: Dec 2008 Real Name: Peter Location: Canada Watch: You know... Rolex Posts: 1,520	The YM has hollow links like on the sub??????

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