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geepee · 12 December 2009, 05:21 AM

Non-certified, Non-date Ssubmariner from an authorized rolex Dealer? It's a Z743_ _ _ series. I believe that places it in a 2006 or 2007 range. I've offered $4,000 but the dealer wants more. What do you think?

Thanks and happy holidays.

Brit78 · 12 December 2009, 05:24 AM

Well I believe the list price is $5450, so your offer is a 27% discount, pretty unrealistic at the current time. I think a 15% to 20% discount would be reasonable. Or buy a mint one on here from DavidSW or someone for an even bigger discount for exactly the same thing!

theken · 12 December 2009, 05:40 AM

For $4K, I would buy a much rarer COSC version.
I have one and it is one of my favorites watches to wear everyday.
IWW applied an anti-reflective coating on the inside of the crystal.

2careless · 12 December 2009, 06:16 AM

$4k is a pretty good AD deal for a 14060m (if it's COSC). I got mine from AD here for like USD$4.2k June 2008.
I wear my 14060m COSC nearly 4 days a week.

snowbird · 12 December 2009, 07:12 AM

They are about $4500 right now at gray dealers so that's one benchmark.

Clay · 12 December 2009, 08:11 AM

Quote:

Originally Posted by geepee

Non-certified, Non-date Ssubmariner from an authorized rolex Dealer? It's a Z743_ _ _ series. I believe that places it in a 2006 or 2007 range. I've offered $4,000 but the dealer wants more. What do you think?

Thanks and happy holidays.

I think your offer of $4000 is very generous....

geepee · 12 December 2009, 08:20 AM

Thank you all.

My logic is that in Oct 2006, the watch retailed for $3,850. Assuming a 30% mark-up, the dealer paid under $3,000. Regardless of the fact that a new COSC lists for $5,450, this is a non-COSC that has been collecting dust in the store display for three years and possibly is due for service. I would think that by now, the dealer would want to move the piece.

snowbird · 12 December 2009, 09:48 AM

If the dealer didn't take the $4000 then I guess really the question is are you willing to pay more or do you want to keep looking . . . unless they give you a call in the next day or so and say they changed their minds on the offer.

Brit78 · 12 December 2009, 01:08 PM

Quote:

Originally Posted by geepee

Thank you all.

My logic is that in Oct 2006, the watch retailed for $3,850. Assuming a 30% mark-up, the dealer paid under $3,000. Regardless of the fact that a new COSC lists for $5,450, this is a non-COSC that has been collecting dust in the store display for three years and possibly is due for service. I would think that by now, the dealer would want to move the piece.

Unfortunately, I am yet to see an AD that thinks this way. They go off of current list price. Right or wrong, I believe that is generally the way it is. I agree with your logic, however there is cost for the AD associated with carrying the cost of that piece of inventory for a few years. Is it equal to the price increase percentage, probably not, but it is something. Good luck, I hope it works out for you.

1HotBoss70 · 12 December 2009, 01:18 PM

Perfect timing on this topic...I went to two ADs today looking for a ND sub...one AD was unwilling to discount on the retail price at all stating that his corporate orders have told him to not discount on any professional series...so his price on a COSC V-series was retail...5450$....and another AD had one only in stock and his price was $4790 taxes in--out the door price for a COSC..this was in USD...I believe I can get a better deal here in Canada when I factor in the current exchange...

Regards

NYC6 · 12 December 2009, 02:27 PM

About 7 months ago I bought a BNIB "Z" serial Sub ND COSC for 10% under MSRP from a NY AD. I didnt press to hard and likely could have got a little bit more.

NYC6 · 12 December 2009, 02:29 PM

Quote:

Originally Posted by 1HotBoss70

Perfect timing on this topic...I went to two ADs today looking for a ND sub...one AD was unwilling to discount on the retail price at all stating that his corporate orders have told him to not discount on any professional series...so his price on a COSC V-series was retail...5450$....and another AD had one only in stock and his price was $4790 taxes in--out the door price for a COSC..this was in USD...I believe I can get a better deal here in Canada when I factor in the current exchange...

Regards

Looking at your screen name, do you own a 1970 Boss 302? I've wanted one for years!

cellar door · 12 December 2009, 04:42 PM

I too am suprised that the AD has been sitting on this watch for so long and is unwilling to take that offer. It seems to me that it would be in their best interest to clear the piece from their inventory.

I have yet to own a Rolex but am in the market for the very same watch. I am planning on purchasing mine right around the first of the new year. I will be keeping an eye on this thread!

karmatp · 13 December 2009, 12:25 AM

Quote:

Originally Posted by geepee

Non-certified, Non-date Ssubmariner from an authorized rolex Dealer? It's a Z743_ _ _ series. I believe that places it in a 2006 or 2007 range. I've offered $4,000 but the dealer wants more. What do you think?

Thanks and happy holidays.

I think that is a good deal for the both of you. I have purchased 2 ND Subs from my local AD for $3900 both times. Both were Z serials and one was the COSC model and the other wasn't. Best of luck with your search.

rolexsubdate · 13 December 2009, 12:40 AM

I bought a 14060M COSC, all stickers attached for $3600 ... Just remember, it is a VERY VERY VERY VERY VERY difficult watch to sell .... so keep that in mind ... unless of course the price is low.... by the way, did I mention it is very tough to sell this watch?

If you pay 4K for a brand new one, you will be lucky to sell it for $3200 ...

1HotBoss70 · 13 December 2009, 12:46 AM

Quote:

Originally Posted by karmatp

I think that is a good deal for the both of you. I have purchased 2 ND Subs from my local AD for $3900 both times. Both were Z serials and one was the COSC model and the other wasn't. Best of luck with your search.

Is this price out the door? or before taxes? and what taxes in your state?

Thanks

Blue Lantern · 13 December 2009, 12:52 AM

There was a non-COSC 14060M at my AD that I coveted for a while. At the time, I would've loved to pay $4,000 for it, but they wouldn't take more than 5% or 10% off. I had the exact same logic in mind that you do, but no dice!

1HotBoss70 · 13 December 2009, 12:54 AM

Quote:

Originally Posted by NYC6

Looking at your screen name, do you own a 1970 Boss 302? I've wanted one for years!

Actually no...I sold my 70 bright yellow Boss 302 a few months ago...and am having sellers remorse big time....It wasn't getting enough rode time as I have a couple of other classics...I hope to get into another in the future...

Regards

NYC6 · 13 December 2009, 02:44 AM

Quote:

Originally Posted by 1HotBoss70

Actually no...I sold my 70 bright yellow Boss 302 a few months ago...and am having sellers remorse big time....It wasn't getting enough rode time as I have a couple of other classics...I hope to get into another in the future...

Regards

Thats to bad you sold. Thats the car you want to keep as long as you can drive. If I had known I would have made an offer on it.

j1crimmins · 16 December 2009, 02:22 PM

$4,000 is a fair price. This is a great site and if you're not in a rush, I think someone will work with you. Great people here; just be patient.

greekbum · 16 December 2009, 02:42 PM

A fair price is 1 that both buyer and seller think is fair. Compare verified known sale prices for the last 90 days somewhere in the middle is the fair price.You have to compare the exact same condition item and quantity sold.All buyers want to buy at the lowest price and all sellers want to sell at the highest price.To be fair its somewhere in the middle.

Rob587 · 5 January 2010, 10:02 AM

So.... not to beat a dead horse, but if I was to walk into a dealer right now and pay cash for a 14060m M or V serial, what would be a fair offer for me to suggest? And what should I not pay over?? Thanks.

Playdrv4me · 5 January 2010, 10:15 AM

Quote:

Originally Posted by rolexsubdate

I bought a 14060M COSC, all stickers attached for $3600 ... Just remember, it is a VERY VERY VERY VERY VERY difficult watch to sell .... so keep that in mind ... unless of course the price is low.... by the way, did I mention it is very tough to sell this watch?

If you pay 4K for a brand new one, you will be lucky to sell it for $3200 ...

Yep... I have turned these down (by offering a very low amount) on trade once or twice because they are so hard to sell, along with Exp. IIs. The COSC version is growing on me though.

nyyankees · 5 January 2010, 10:40 AM

No way I'd pay that much. You can get a much better deal here or on TZ for $4K or less.

Mr. K · 5 January 2010, 11:27 AM

There is something nice about buying new from an AD.

But for the $ used is always an option.

$4K out the door would be a great price. If you offer say $4500, after a few years, if it is a keeper, will the extra $500 be that much more compared to knowing you are the only owner and you bought it brand new from an AD and your name is on all the paperwork?

If it is still under warantee then Rolex should do a free OH if needed.

If the pre-owned part is not an issue or if it not a keeper, then buying used is something to think about.

Either way, what you feel most comfortable with. Good luck as it is a nice watch!

Warnsboy · 5 January 2010, 11:29 AM

I saw a Z non-COSc lightly used for <$3,500 with sellers warranty a little while back.

12 December 2009, 05:21 AM	#1
geepee "TRF" Member Join Date: May 2008 Location: Maryland Posts: 66	What's a Fair Price for a new - unsold 14060M Non-certified, Non-date Ssubmariner from an authorized rolex Dealer? It's a Z743_ _ _ series. I believe that places it in a 2006 or 2007 range. I've offered $4,000 but the dealer wants more. What do you think? Thanks and happy holidays.

12 December 2009, 05:24 AM	#2
Brit78 "TRF" Member Join Date: Dec 2008 Real Name: Tim Location: Cincinnati/NKY Posts: 1,671	Well I believe the list price is $5450, so your offer is a 27% discount, pretty unrealistic at the current time. I think a 15% to 20% discount would be reasonable. Or buy a mint one on here from DavidSW or someone for an even bigger discount for exactly the same thing! __________________ 118239, 16710, 16610lv

16 December 2009, 02:42 PM	#21
greekbum "TRF" Member Join Date: Apr 2007 Real Name: Nikos Location: Florida Watch: Rolex GMT 16750 Posts: 8,415	A fair price is 1 that both buyer and seller think is fair. Compare verified known sale prices for the last 90 days somewhere in the middle is the fair price.You have to compare the exact same condition item and quantity sold.All buyers want to buy at the lowest price and all sellers want to sell at the highest price.To be fair its somewhere in the middle. __________________ Follow Me On Instagram @nickgogas Original Owner ROLEX 16750 GMT Daily Wearer For Over 13,000 Days And Counting

12 December 2009, 06:16 AM	#4
2careless "TRF" Member Join Date: Dec 2007 Location: Melbourne, AU Watch: Pepsi Posts: 4,370	$4k is a pretty good AD deal for a 14060m (if it's COSC). I got mine from AD here for like USD$4.2k June 2008. I wear my 14060m COSC nearly 4 days a week.

12 December 2009, 07:12 AM	#5
snowbird "TRF" Member Join Date: Sep 2009 Location: USA Watch: Sea-Dweller 16600 Posts: 2,157	They are about $4500 right now at gray dealers so that's one benchmark.

12 December 2009, 08:20 AM	#7
geepee "TRF" Member Join Date: May 2008 Location: Maryland Posts: 66	Thank you all. My logic is that in Oct 2006, the watch retailed for $3,850. Assuming a 30% mark-up, the dealer paid under $3,000. Regardless of the fact that a new COSC lists for $5,450, this is a non-COSC that has been collecting dust in the store display for three years and possibly is due for service. I would think that by now, the dealer would want to move the piece.

12 December 2009, 09:48 AM	#8
snowbird "TRF" Member Join Date: Sep 2009 Location: USA Watch: Sea-Dweller 16600 Posts: 2,157	If the dealer didn't take the $4000 then I guess really the question is are you willing to pay more or do you want to keep looking . . . unless they give you a call in the next day or so and say they changed their minds on the offer.

12 December 2009, 01:18 PM	#10
1HotBoss70 Member Join Date: Dec 2009 Real Name: Joe Location: Ontario Canada Watch: "V" GMT IIc Posts: 185	Perfect timing on this topic...I went to two ADs today looking for a ND sub...one AD was unwilling to discount on the retail price at all stating that his corporate orders have told him to not discount on any professional series...so his price on a COSC V-series was retail...5450$....and another AD had one only in stock and his price was $4790 taxes in--out the door price for a COSC..this was in USD...I believe I can get a better deal here in Canada when I factor in the current exchange... Regards

12 December 2009, 02:27 PM	#11
NYC6 "TRF" Member Join Date: Mar 2009 Real Name: Dennis Location: L.I./N.Y. Watch: SUBMARINER 14060M Posts: 2,769	About 7 months ago I bought a BNIB "Z" serial Sub ND COSC for 10% under MSRP from a NY AD. I didnt press to hard and likely could have got a little bit more.

12 December 2009, 04:42 PM	#13
cellar door Member Join Date: Nov 2009 Real Name: Michael Location: Arizona Watch: Rolex Sea Dweller Posts: 27	I too am suprised that the AD has been sitting on this watch for so long and is unwilling to take that offer. It seems to me that it would be in their best interest to clear the piece from their inventory. I have yet to own a Rolex but am in the market for the very same watch. I am planning on purchasing mine right around the first of the new year. I will be keeping an eye on this thread!

13 December 2009, 12:40 AM	#15
rolexsubdate Banned Join Date: Sep 2008 Location: The Moon Posts: 1,238	I bought a 14060M COSC, all stickers attached for $3600 ... Just remember, it is a VERY VERY VERY VERY VERY difficult watch to sell .... so keep that in mind ... unless of course the price is low.... by the way, did I mention it is very tough to sell this watch? If you pay 4K for a brand new one, you will be lucky to sell it for $3200 ...

13 December 2009, 12:52 AM	#17
Blue Lantern "TRF" Member Join Date: Jul 2009 Location: Delaware Watch: Tudor 79190 Posts: 366	There was a non-COSC 14060M at my AD that I coveted for a while. At the time, I would've loved to pay $4,000 for it, but they wouldn't take more than 5% or 10% off. I had the exact same logic in mind that you do, but no dice!

16 December 2009, 02:22 PM	#20
j1crimmins "TRF" Member Join Date: Sep 2009 Real Name: John Location: arkansas Watch: 114060, IWC Posts: 562	$4,000 is a fair price. This is a great site and if you're not in a rush, I think someone will work with you. Great people here; just be patient.

5 January 2010, 10:02 AM	#22
Rob587 Banned Join Date: Dec 2009 Location: Florida Watch: Rolex Air King Posts: 84	So.... not to beat a dead horse, but if I was to walk into a dealer right now and pay cash for a 14060m M or V serial, what would be a fair offer for me to suggest? And what should I not pay over?? Thanks.

5 January 2010, 10:40 AM	#24
nyyankees "TRF" Member Join Date: Oct 2006 Location: Southeastern PA Watch: 1216610 Posts: 2,131	No way I'd pay that much. You can get a much better deal here or on TZ for $4K or less.

5 January 2010, 11:27 AM	#25
Mr. K "TRF" Member Join Date: May 2005 Real Name: Mark Location: Seattle-ish Posts: 6,039	There is something nice about buying new from an AD. But for the $ used is always an option. $4K out the door would be a great price. If you offer say $4500, after a few years, if it is a keeper, will the extra $500 be that much more compared to knowing you are the only owner and you bought it brand new from an AD and your name is on all the paperwork? If it is still under warantee then Rolex should do a free OH if needed. If the pre-owned part is not an issue or if it not a keeper, then buying used is something to think about. Either way, what you feel most comfortable with. Good luck as it is a nice watch!

5 January 2010, 11:29 AM	#26
Warnsboy "TRF" Member Join Date: Oct 2009 Real Name: Michael Location: Midwest-USA Watch: 5513 Posts: 1,942	I saw a Z non-COSc lightly used for <$3,500 with sellers warranty a little while back.

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