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View Poll Results: How many members have purchased grey at a premium for a hot piece? | |||
I have - and it hurt but it was worth it. I am enjoying the watch | 153 | 31.48% | |
I won't - it goes against my principles. I'll wait the several years it might take to get the watch | 333 | 68.52% | |
Voters: 486. You may not vote on this poll |
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18 April 2019, 07:49 AM | #121 |
"TRF" Member
Join Date: Apr 2019
Real Name: Jay
Location: Michigan
Watch: Rolex Submariner
Posts: 62
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I purchased my Sub for retail plus tax from my AD, bought my DJ 41 TT from a grey for 1,500 below retail, no tax of course. The Datejust was a 2019 model and the grey got the AD to put my name on the Warranty Card, it was a sweet deal!
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18 April 2019, 08:07 AM | #122 |
"TRF" Member
Join Date: Feb 2019
Location: UK
Posts: 162
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Can I ask a "dumb foreigner" question. Why do people keep saying they don't pay tax on Grey (Gray!) purchases? Do you not have to pay tax on all purchases in the US?
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18 April 2019, 08:10 AM | #123 | |
"TRF" Member
Join Date: Jul 2018
Location: Los Angeles
Posts: 267
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Quote:
If you purchase something from a store or business not in your state, the business has no obligation to charge you sales tax. You are supposed to tally purchases of this nature and report it on your own taxes at the end of the year, so you pay a tax in your own state, but there is no way for anyone to find out if you don’t and it’s common practice to just not do it. Sent from my iPhone using Tapatalk |
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18 April 2019, 10:09 AM | #124 | |
"TRF" Member
Join Date: May 2014
Real Name: Eric
Location: Los Angeles
Posts: 1,094
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Quote:
...and that 9-10% plus any grey discount really adds up! |
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18 April 2019, 10:13 AM | #125 |
"TRF" Member
Join Date: Nov 2013
Location: Coast 2 Coast
Posts: 301
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I have purchased a new YG Daytona from a gray at a good rate, no complaints. Bought a BLRO at another gray, paid a premium with no regret. Both deals were done via texting. No phone, simple and easy. Trusted sellers are like no other. My experience is that they gladly take your watches in on trade (offer very fair as well) and can source you most watches at a certain premium. AD relationships are great to have but you to invest time & money...theres a return but is it worth it? In the end, to each his/her own!
Awesome thread! It's a question people wonder as they rationalize the decision! |
18 April 2019, 02:11 PM | #126 |
2024 Pledge Member
Join Date: Nov 2012
Location: USA
Watch: addiction issues
Posts: 36,864
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Sure many times
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18 April 2019, 02:48 PM | #127 |
"TRF" Member
Join Date: Apr 2011
Location: EU
Watch: the days go by
Posts: 604
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18 April 2019, 03:20 PM | #128 |
2024 Pledge Member
Join Date: Jun 2018
Location: West Coast
Posts: 2,349
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18 April 2019, 03:23 PM | #129 |
"TRF" Member
Join Date: Dec 2017
Location: 🇬🇧
Posts: 1,392
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I was on a waiting list for over a year on a Sub LVc. Last August, seeing the prices starting to rise, I bought used from a grey and was happy with the watch, but preferred owning new.
In February this year, I got an AD call, that they had a LVc, I bought it and sold the used watch back to the grey I bought it from at a small profit. Would I buy from a grey again, probably, maybe. |
18 April 2019, 04:52 PM | #130 |
"TRF" Member
Join Date: Nov 2014
Location: London
Posts: 162
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Gladly went grey, didn't hurt and have been enjoying my BLRO for months instead of waiting on a list. Bought my BLNR from AD, overall, market value is not much lower than what I paid. Now I can patiently wait for SkyDweller to show up.
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18 April 2019, 08:35 PM | #131 | ||
2024 Pledge Member
Join Date: Aug 2012
Real Name: Lee
Location: 42.48.45N70.48.48
Watch: What's on my wrist
Posts: 33,256
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Quote:
Quote:
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18 April 2019, 08:42 PM | #132 |
2024 Pledge Member
Join Date: Feb 2018
Location: Norfolk, UK
Watch: All of them...
Posts: 798
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I will buy grey if I am confident (as far as one ever can be) that the market price is only going to rise. If a grey offered me a Pepsi at MRSP plus £2,000, would I buy it? Yes, in a heart-beat.
Would I buy the CHNR (a watch I want, actually) from a grey at MRSP plus £2,000? No, because whilst the watch is selling at a premium at the moment, there is still a lack of desire generally for TT watches and I think there is a good chance that the market value will fall back to MRSP. For me, the question really is not about AD/MRSP or grey - it is about economics. I once paid a premium for a very rare car from a "grey" and it was a decision that made me a lot of money. Every single car I have bought through the official dealers has lost me a lot of money.
__________________
A collector of Rolex, Patek, Vacheron, JLC and Cartier |
18 April 2019, 08:43 PM | #133 |
"TRF" Member
Join Date: Sep 2012
Location: Dubai
Posts: 1,425
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Exact same story, enjoying the blro so much and still waiting for the Daytona call
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18 April 2019, 08:56 PM | #134 |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,697
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18 April 2019, 09:43 PM | #135 |
"TRF" Member
Join Date: Sep 2011
Location: End of the World
Watch: PP & Rolex
Posts: 1,970
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Paid grey for Daytona a year ago.
1) If I hadn’t I would still be waiting now as my AD lost Rolex status 2) My name IS on the warranty card 3) It’s gone up by 3-4 grand since I bought it |
18 April 2019, 09:44 PM | #136 |
Banned
Join Date: May 2007
Location: ASK
Watch: SubC.5711.D500
Posts: 2,236
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I buy all my pieces grey market.
Sent from my iPhone using Tapatalk |
18 April 2019, 09:46 PM | #137 |
"TRF" Member
Join Date: Jan 2018
Location: Here
Watch: Sub 114060, 216570
Posts: 2,157
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The only reason why i would buy grey is because it was cheaper than at a AD... Not when you have to pay a premium
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18 April 2019, 09:49 PM | #138 | |
2024 Pledge Member
Join Date: Aug 2012
Real Name: Lee
Location: 42.48.45N70.48.48
Watch: What's on my wrist
Posts: 33,256
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Quote:
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18 April 2019, 11:07 PM | #139 |
2024 Pledge Member
Join Date: Jun 2018
Location: West Coast
Posts: 2,349
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18 April 2019, 11:14 PM | #140 |
2024 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 73,697
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18 April 2019, 11:17 PM | #141 |
"TRF" Member
Join Date: Apr 2008
Location: rolexforums.com
Posts: 5,374
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I have bought nine references from the AD at RRP.
Truth be told I can't afford to pay over retail. If I could, I would... |
18 April 2019, 11:24 PM | #142 |
Banned
Join Date: May 2014
Real Name: Mike
Location: BOS
Watch: 16710;14060;214270
Posts: 6,375
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Not me.
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18 April 2019, 11:25 PM | #143 |
2024 Pledge Member
Join Date: Jun 2018
Location: West Coast
Posts: 2,349
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18 April 2019, 11:28 PM | #144 |
"TRF" Member
Join Date: Apr 2008
Location: rolexforums.com
Posts: 5,374
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18 April 2019, 11:33 PM | #145 | |
2024 Pledge Member
Join Date: Apr 2018
Real Name: Harry
Location: England
Posts: 9,678
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Quote:
After my current order arrives, a TT CHNR will be my next and probably last Rolex. I haven't yet asked my AD if they are wait list or special order. I try to take it one watch at a time. Difficult, but it can be done! |
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19 April 2019, 06:52 AM | #146 |
"TRF" Member
Join Date: Apr 2011
Location: EU
Watch: the days go by
Posts: 604
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19 April 2019, 11:57 AM | #147 |
"TRF" Member
Join Date: May 2018
Location: Singapore
Posts: 47
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i think the Americans are a lot more fortunate than Asians. I guess the market in the states is much more bigger than asia with hundreds if not thousands of ADs. Those people who are lucky to receive calls from the Ads are generally Americans. The wait may a few month or one or two years but it will come. Here in Singapore I can use my fingers to count the number of Ads... probably only 5? The waiting list is very long. Most singaporeans are rich doesnt help either. So all my sports models are from the greys.
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19 April 2019, 11:35 PM | #148 |
"TRF" Member
Join Date: Jul 2018
Location: USA
Posts: 688
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20 April 2019, 12:36 AM | #149 | |
2024 Pledge Member
Join Date: Jun 2018
Location: West Coast
Posts: 2,349
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Quote:
People also say that Australia is difficult as well. Truth be told - yes we have more ADs but majority of us still cannot get any watches haha |
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20 April 2019, 12:53 AM | #150 |
2024 Pledge Member
Join Date: Feb 2019
Real Name: K
Location: USA
Watch: DSSD D Blue
Posts: 407
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Haven't and wouldn't. Just doesn't make sense to me.
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