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Old 26 January 2020, 02:11 AM   #1
AbelGarcia
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On a list to buy a Hulk

Hi fellas, first post here.

I’m looking to buy a Hulk and got on a list here at my nearest authorized dealer in Houston, TX.

Out of both eagerness & helping move up on the list for the hulk I have since gotten a black no-date sub from the same authorized dealer. With plans to sell the black one when I finally get the Hulk.

Any suggestions on the best way to go about selling? I see dealers really low ball, understandably trying to make the most profit.
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Old 26 January 2020, 02:19 AM   #2
envuks
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I’d say it’s likely you shot yourself in the foot by taking the black sub. AD likely feels you’ve been taken care of. Minimally, it will be a longer wait imho


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Old 26 January 2020, 02:19 AM   #3
Harry-57
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You could trade it in against your Hulk at your AD when it arrives?

That would be easy and risk free.

I don't think that buying intermediate watches gets you the watch you want any faster. As said above, it could slow yours down. Although, to be honest, I have no idea.
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Old 26 January 2020, 02:20 AM   #4
Fat_ninja
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Selling to grey/trusted seller is easiest but less money. Or u can try to sell to friends and strangers...which adds an element of risk
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Old 26 January 2020, 02:24 AM   #5
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I would straight up offer it back to your AD, since you REALLY want the hulk. These days may ADs are trying to provide many customers watches...sometimes it might not be EXACTLY what they are after but by simply offering something they have - if it is accepted, you will likely get pushed down the list for something else.

ADs have a tough job these days with limited inventories, etc to make everyone happy.

I’ve said for years to several friends, don’t buy a watch, just to buy a watch. Buy what you want the FIRST time.

There is always the TS route here - which there is absolutely nothing wrong with...but I’d recommend the AD route first. Several of them are working to get into more streamlined pre-owned sales, and I think that will be something we are likely to see more of, and the mainstream application of in 2020, to help begin to normalize the hype and HUGE premiums. Premiums, aren’t going anywhere either.

Just my .02
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Old 26 January 2020, 02:24 AM   #6
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I think a summary of the responses you will get is that there is no list, you need to spend $$$ to be considered for hulk( not just buying a sub) and you need to go grey( unless you are willing to wait for years). As to your sub, I dont think you will make any profit, as the markup of grey is only around 1 k to 1.5 k ( unless you sell privately)
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Old 26 January 2020, 02:25 AM   #7
JayHantz
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IMO I think that you should have passed on the Sub. But, I’d reach out to some TS here and see what they’ll give you. I figure you’ll come out about even money wise.
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Old 26 January 2020, 02:25 AM   #8
SeikoBake
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I’d keep the black no date sub and the hulk. Both fantastic pieces
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Old 26 January 2020, 02:33 AM   #9
Danny83
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You can try to sell it here. Although many members will not wire you money since you are really new, maybe someone in Houston can meet you to buy it.
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Old 26 January 2020, 02:41 AM   #10
cerendigit
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Trade your sub for the hulk on the gray market.
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Old 26 January 2020, 02:44 AM   #11
upsidedownbelt
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What you did makes no sense. In today’s market buying a Sub from an AD means nothing to them. So, you didn’t impress the AD with your Sub purchase and now you have to sell it at a loss and you are no closer to your hulk. You should have just paid the gray premium with the money you are going to lose on the Sub.
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Old 26 January 2020, 02:45 AM   #12
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On a list to buy a Hulk

Trade in value of your sub is basically what you paid including taxes. No profit as that only leaves $1000 for the dealer after paying shipping each way.

Edit: you should follow the advice above and trade for gray hulk. OC and Gentlemen have reasonable trade in rates.
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Old 26 January 2020, 02:46 AM   #13
dwjez14
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I wouldn’t worry about it just yet. It’s highly unlikely you will get the call soon for hulk. It might be awhile. Houston is a big market like Dallas so lots of people looking for Hulks in your area. I would say you got very lucky with the sub as is. Congrats from a fellow Texan. Enjoy this site it’s great
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Old 26 January 2020, 02:53 AM   #14
joli160
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I prefer the one you own already over the LV
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Old 26 January 2020, 03:02 AM   #15
Calatrava r
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Whatever you do, do not let the AD know you will sell what you have once you get the Green Sub. I would not even suggest a trade back through them. They want to place these pieces with customers who want them and will keep them.

Taking the Black Sub was a mistake if you did not really want it. As others said, puts you back at the end of the line as dealers try to allocate scarce watches among all their good customers.
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Old 26 January 2020, 03:39 AM   #16
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I agree that the fastest way to get where you want to be is....trade your sub for a Hulk with a Trusted Seller here on the Sales Forum. You’ll have what you want without all the bulls**t!
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Old 26 January 2020, 03:52 AM   #17
fooey
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Originally Posted by SeikoBake View Post
I’d keep the black no date sub and the hulk. Both fantastic pieces
This ^^^
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Old 26 January 2020, 04:39 AM   #18
tp0821
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I think Calatrava hit it on the head; definitely don't sell the Black Sub before you're able to get the Hulk. However small your chances are of getting the Hulk now, it will evaporate if somehow the AD finds out you "flipped" the sub.
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Old 26 January 2020, 04:45 AM   #19
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Quote:
Originally Posted by AbelGarcia View Post
Hi fellas, first post here.

I’m looking to buy a Hulk and got on a list here at my nearest authorized dealer in Houston, TX.

Out of both eagerness & helping move up on the list for the hulk I have since gotten a black no-date sub from the same authorized dealer. With plans to sell the black one when I finally get the Hulk.

Any suggestions on the best way to go about selling? I see dealers really low ball, understandably trying to make the most profit.
Quickest route is Bob’s or Watchbox. You’d get more through a private party either on TRF or Craigslist. May I also recommend keeping the watch for a while, enjoying it, and once you get the Hulk, you might realize you really like the sub and it’s a great part of your collection.
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Old 26 January 2020, 04:49 AM   #20
Nairn1980
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Quote:
Originally Posted by AbelGarcia View Post
Hi fellas, first post here.

I’m looking to buy a Hulk and got on a list here at my nearest authorized dealer in Houston, TX.

Out of both eagerness & helping move up on the list for the hulk I have since gotten a black no-date sub from the same authorized dealer. With plans to sell the black one when I finally get the Hulk.

Any suggestions on the best way to go about selling? I see dealers really low ball, understandably trying to make the most profit.
114060 and 116610LV.......HOT pair!

Ps, you may have a LONGGGGG wait for your hulk so I wouldn’t stress.
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Old 26 January 2020, 05:36 AM   #21
Bizcut1
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Well...in that you have purchased one of the most iconic watches in history at MSRP it’s not that bad a day. I’d wear it and love it and take a breath and see what the next year brings. I’ve been waiting on a Hulk for about eight months now. A lot can happen in a year, my friend. I have a feeling you’ll be just fine.

Good luck with it!
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Old 26 January 2020, 07:18 AM   #22
ninjin
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I think you are going to be disappointed. Buying a sort after waitlist model (however short) is not going to open any doors for your Hulk. Like another member has said, they have already given you a hot item. If you wanted to open doors, then you should go negotiated a bundle deal. Or at least buy something like a lady DJ or other brand. Buying a hot item doesn't really give you any brownie points for your Hulk.

In summary, buying anything can be flipped for profit/cost price, is not going to open doors.
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Old 26 January 2020, 08:19 AM   #23
mat355
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Great post. I did almost the exact same thing. I currently have an Explorer II which I purchased pre-owned and I really want a brand new Hulk. As we all know they are very difficult to get, so I built a relationship with a sales guy at the AD. He said repeatedly they reserve all the SS models for existing clients. Randomly, he texted that had a no date sub and asked if I was interested and I purchased it so I could build purchase history with them. I do NOT plan to sell the no date, but told him I still want a Hulk.....

That isn't the first AD that told me to get any SS model you need to have previous purchase history.

I think you made the right move.
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Old 26 January 2020, 08:45 AM   #24
AbelGarcia
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Thanks for the responses

I’m overwhelmed by the amount of responses

Thank you all for your input.

So at this particular dealer I was told there was 22 people on this list for the hulk making me 23

In the year that it took to get the 114060 I only moved up one place and the sales rep said buying that sub moved me up to number 16. I saw it as building some type of sales history with them.

Is this not common practice?

Also, I’ll take your advice & check in with the dealer in person to see if they will buy it back for ya trade up. And also to check my place in line.
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Old 26 January 2020, 08:46 AM   #25
AbelGarcia
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Quote:
Originally Posted by mat355 View Post
Great post. I did almost the exact same thing. I currently have an Explorer II which I purchased pre-owned and I really want a brand new Hulk. As we all know they are very difficult to get, so I built a relationship with a sales guy at the AD. He said repeatedly they reserve all the SS models for existing clients. Randomly, he texted that had a no date sub and asked if I was interested and I purchased it so I could build purchase history with them. I do NOT plan to sell the no date, but told him I still want a Hulk.....

That isn't the first AD that told me to get any SS model you need to have previous purchase history.

I think you made the right move.

That’s about what I was told. Maybe not the same practice all over. Thanks!
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Old 26 January 2020, 08:57 AM   #26
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What you did makes no sense. In today’s market buying a Sub from an AD means nothing to them. So, you didn’t impress the AD with your Sub purchase and now you have to sell it at a loss and you are no closer to your hulk. You should have just paid the gray premium with the money you are going to lose on the Sub.
Yes, when you think about it, you'll be selling it back at a loss unless you sell privately. That loss could be the magic number for the premium charged if you went grey market.

If you sell privately, you'll break even at the very least on the black sub.
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Old 26 January 2020, 09:08 AM   #27
envuks
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Originally Posted by AbelGarcia View Post
I’m overwhelmed by the amount of responses



Thank you all for your input.



So at this particular dealer I was told there was 22 people on this list for the hulk making me 23



In the year that it took to get the 114060 I only moved up one place and the sales rep said buying that sub moved me up to number 16. I saw it as building some type of sales history with them.



Is this not common practice?



Also, I’ll take your advice & check in with the dealer in person to see if they will buy it back for ya trade up. And also to check my place in line.


I think this was the sales rep’s way of telling you that it’s very unlikely you’ll get a hulk while not actually saying that. Quick math on what you were told equates to a 23 year wait for the hulk that was just reduced to a 16 year wait.... the best thing to do here may be to just wear the black sub and enjoy it


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Old 26 January 2020, 09:26 AM   #28
upsidedownbelt
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Originally Posted by AbelGarcia View Post
I’m overwhelmed by the amount of responses



Thank you all for your input.



So at this particular dealer I was told there was 22 people on this list for the hulk making me 23



In the year that it took to get the 114060 I only moved up one place and the sales rep said buying that sub moved me up to number 16. I saw it as building some type of sales history with them.



Is this not common practice?



Also, I’ll take your advice & check in with the dealer in person to see if they will buy it back for ya trade up. And also to check my place in line.


Buys a Sub from an AD does not get you ANYTHING! Paying for something that is worth more than you paid isn’t impressive to them and frankly doesn’t do them any good. Like others have said if you bought some jewelry or less desirable watches you might be looked at as a worthwhile customer to give a LVC to. Literally anyone with credit can walk into any AD and say “I’ll take all your Subs, GMT’s and Daytona’s.” And that means absolutely nothing. That’s a loss for the dealer.

And, “lines” are total nonsense. Do you really think the AD has a piece of paper that he is crossing out and moving up and down names on?
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Old 26 January 2020, 09:42 AM   #29
PNBLWZD
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There’s a nice used August 2019 hulk for sale in the classified section in Houston you should check out.
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Old 26 January 2020, 10:12 AM   #30
AbelGarcia
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There’s a nice used August 2019 hulk for sale in the classified section in Houston you should check out.
Thanks
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