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Old 3 September 2018, 01:53 AM   #1
AdrianQ
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Icon15 Put a deposit for a Hulk submariner

I put a 30% deposit at my local AD yesterday. They’re quoting me a wait time of 6-8 months. Did I make the right decision of putting a deposit?
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Old 3 September 2018, 01:56 AM   #2
jrs146
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I wouldn’t have. But if it helps secure the watch for you so be it. Good luck!


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Old 3 September 2018, 01:56 AM   #3
beshannon
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No idea.

What else could you have done with the money over that period of time?
What guarantee do you have regarding the quoted delivery time, if ever?
What is their policy regarding getting your deposit back?

Not for me
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Old 3 September 2018, 02:02 AM   #4
AdrianQ
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Well putting 30% down really isn’t going to affect my finances in any way. The only reason I did it is because they’re going for over 12k in the grey market. So I thought it was a good investment
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Old 3 September 2018, 02:04 AM   #5
beshannon
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Quote:
Originally Posted by AdrianQ View Post
Did I make the right decision of putting a deposit?
Quote:
Originally Posted by AdrianQ View Post
So I thought it was a good investment


What is your expected rate of return on this "investment"?
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Old 3 September 2018, 02:06 AM   #6
037
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Quote:
Originally Posted by AdrianQ View Post
Well putting 30% down really isn’t going to affect my finances in any way. The only reason I did it is because they’re going for over 12k in the grey market. So I thought it was a good investment
As in, you wanted to save $3k over gray prices or you intend to flip it when it arrives and make $3k?
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Old 3 September 2018, 02:06 AM   #7
Largoshark
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Quote:
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Well putting 30% down really isn’t going to affect my finances in any way. The only reason I did it is because they’re going for over 12k in the grey market. So I thought it was a good investment
Not the "I" word...Do you actually like the watch?
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Old 3 September 2018, 02:14 AM   #8
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i would do it, no questions ask.
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