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pain888 · 23 February 2021, 08:54 AM

I was at my local AD putting a deposit on a WG Daytona.. Out of the blue i ask him What do you want to pay for my Black 116500.....Comes back instantly ...
$18k .... I ask him R u serious offer...Try and low ball me. lolololo

texasmade · 23 February 2021, 09:08 AM

What did you expect? If you say name your best price which you basically did, of course you're going to get lowballed.

Handey0465 · 23 February 2021, 09:26 AM

Seems generous to me

Pw92676 · 23 February 2021, 11:11 AM

Maybe it’s just me but I wouldn’t have offered to sell back anything out of the blue for kicks and giggles.

Fleetlord · 23 February 2021, 11:19 AM

77T · 23 February 2021, 01:14 PM

Given the context it’s hard for me to say which was the joker.

But it was a good joke...

Sent from my iPhone using Tapatalk Pro

cvo · 23 February 2021, 01:19 PM

Remember, the AD isn’t the end user. Making a living on the delta, can’t blame the salesperson.

RichM · 23 February 2021, 01:22 PM

Could have been worse.

subtona · 23 February 2021, 01:23 PM

Fair

The AD is not buying the hype

MILGAUSS88 · 23 February 2021, 01:38 PM

Quote:

Originally Posted by pain888

I was at my local AD putting a deposit on a WG Daytona.. Out of the blue i ask him What do you want to pay for my Black 116500.....Comes back instantly ...
$18k .... I ask him R u serious offer...Try and low ball me. lolololo

Well, that's around $10,000 more than he pays for a new one.

EEpro · 23 February 2021, 02:16 PM

Quote:

Originally Posted by pain888

I was at my local AD putting a deposit on a WG Daytona.. Out of the blue i ask him What do you want to pay for my Black 116500.....Comes back instantly ...
$18k .... I ask him R u serious offer...Try and low ball me. lolololo

Terrible. I'll give you $18,500.

Uggi · 23 February 2021, 06:06 PM

Quote:

Originally Posted by pain888

I was at my local AD putting a deposit on a WG Daytona.. Out of the blue i ask him What do you want to pay for my Black 116500.....Comes back instantly ...
$18k .... I ask him R u serious offer...Try and low ball me. lolololo

Should have taken it.

Andad · 23 February 2021, 06:30 PM

Quote:

Originally Posted by MILGAUSS88

Well, that's around $10,000 more than he pays for a new one.

Yes, it is an interesting equation?

And very difficult to understand how things have come this far?

Everything is taking place outside of Rolex’s distribution control.

daveathall · 23 February 2021, 06:44 PM

Just out of interest, how much were you expecting? Remember, he would need to make a profit.

330ci · 23 February 2021, 11:00 PM

hard to argue Dealers aren’t in on the price fixing when they’re offering more than MSRP to buy back the watches they sell lol

beshannon · 23 February 2021, 11:03 PM

Quote:

Originally Posted by pain888

I was at my local AD putting a deposit on a WG Daytona.. Out of the blue i ask him What do you want to pay for my Black 116500.....Comes back instantly ...
$18k .... I ask him R u serious offer...Try and low ball me. lolololo

Cool story would read again

V25V · 23 February 2021, 11:29 PM

News flash, AD's are in the business of making money. You want him to pay a retail price for it so he can, at best, sell it and break even? Good luck to you.

brandrea · 23 February 2021, 11:33 PM

You’ll never get the same money from an AD or a gray dealer for a used Rolex, as above.

That said, if you go to sell it privately, don’t expect to get the same price as a reputable gray dealer. They have a reputation and can sell for higher prices than a Joe Blow private seller

bondtoys · 24 February 2021, 12:27 AM

not sure how smart that move was from your side.

To get access to the „good“ models, you should try to convince your AD that you are not reselling your Rolexes for a maximum profit.

Well, you just did that.

bondtoys · 24 February 2021, 12:36 AM

double

Zoomerang · 24 February 2021, 06:11 AM

Quote:

Originally Posted by 77T

Given the context it’s hard for me to say which was the joker.

Sent from my iPhone using Tapatalk Pro

This.

pain888 · 24 February 2021, 01:50 PM

Quote:

Originally Posted by daveathall

Just out of interest, how much were you expecting? Remember, he would need to make a profit.

I was hoping At Least over 20K..

pain888 · 24 February 2021, 01:52 PM

Quote:

Originally Posted by bondtoys

double

AT LEAST.......

pain888 · 24 February 2021, 01:54 PM

Quote:

Originally Posted by daveathall

Just out of interest, how much were you expecting? Remember, he would need to make a profit.

Over 20k...Used grey selling $26k.

Tricolore66 · 25 February 2021, 01:26 PM

Keep in mind the AD probably has a safe full of new 116500's that he bought from Rolex for around $8,500...

riverline3 · 25 February 2021, 06:16 PM

Tricolore66 · 4 March 2021, 12:43 AM

Do you not understand this? You realize that AD’s pay Rolex approximately 35% less than MSRP for their inventory. They also hoard hot pieces and dole them out of their safes to clients who spend big money on high-margin items like gold or diamonds. Spend $100k on gold jewelry at an AD and I can promise there’s virtually no Rolex model you won’t get at MSRP, and very likely the same visit. Not a judgement, but the reality, and the way most would operate if it were their business. If an AD can buy brand-new watches from Rolex at wholesale do you think they’re itching to pay over MSRP for used ones?

Quote:

Originally Posted by riverline3

pain888 · 4 March 2021, 08:56 AM

One last note....Im not a flipper...I never sold any of watches. I collect them and pass it to my kids......I was just busting my AD balls for fun... We have a love hate relationships....

23 February 2021, 08:54 AM	#1
pain888 "TRF" Member Join Date: Jul 2009 Real Name: Tony Location: Rolex Land Posts: 576	Ad is a joker I was at my local AD putting a deposit on a WG Daytona.. Out of the blue i ask him What do you want to pay for my Black 116500.....Comes back instantly ... $18k .... I ask him R u serious offer...Try and low ball me. lolololo __________________ M116519 WG, M16622, 116610LN, 218235(Olive), 116710(Batman), 126710(Pepsi), 116500(Black) AP ROYAL OAK OFFSHORE CHRONOGRAPH SEIKO SRP773 "LIVE LIFE TO THE FULLEST"

23 February 2021, 01:14 PM	#6
77T 2024 ROLEX DATEJUST41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 40,714	Given the context it’s hard for me to say which was the joker. But it was a good joke... Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

23 February 2021, 01:22 PM	#8
RichM 2024 ROLEX DATEJUST41 Pledge Member Join Date: Mar 2015 Real Name: Richie Location: "Nowhere Man" Watch: out now,take care! Posts: 28,192	Could have been worse. __________________ "I love to work at nothing all day" TRF #139960

23 February 2021, 01:23 PM	#9
subtona "TRF" Member Join Date: Jan 2011 Real Name: gus Location: East Coast Watch: APK & sometimes Y Posts: 25,995	Fair The AD is not buying the hype __________________

23 February 2021, 06:44 PM	#14
daveathall "TRF" Member Join Date: Dec 2007 Real Name: Dave Location: England. Watch: Various Posts: 7,305	Just out of interest, how much were you expecting? Remember, he would need to make a profit. __________________ KINDEST REGARDS DAVE

23 February 2021, 09:08 AM	#2
texasmade "TRF" Member Join Date: Feb 2017 Real Name: Robert Location: Lone Star State Watch: AP RO 15400, FOIS Posts: 2,333	What did you expect? If you say name your best price which you basically did, of course you're going to get lowballed.

23 February 2021, 09:26 AM	#3
Handey0465 Banned Join Date: Jan 2019 Real Name: Mark Location: South Carolina Watch: 126711CHNR Posts: 511	Seems generous to me

23 February 2021, 11:11 AM	#4
Pw92676 "TRF" Member Join Date: Jan 2018 Location: Georgia Posts: 6,130	Maybe it’s just me but I wouldn’t have offered to sell back anything out of the blue for kicks and giggles.

23 February 2021, 11:19 AM	#5
Fleetlord "TRF" Member Join Date: May 2013 Location: Vain Posts: 5,915

23 February 2021, 01:19 PM	#7
cvo "TRF" Member Join Date: Nov 2007 Real Name: C Vo Location: Georgia Watch: 117610LN 116610LN Posts: 1,012	Remember, the AD isn’t the end user. Making a living on the delta, can’t blame the salesperson.

23 February 2021, 11:00 PM	#15
330ci "TRF" Member Join Date: Jun 2020 Location: michigan Posts: 2,286	hard to argue Dealers aren’t in on the price fixing when they’re offering more than MSRP to buy back the watches they sell lol

23 February 2021, 11:29 PM	#17
V25V 2024 Pledge Member Join Date: Feb 2017 Location: USA Posts: 4,340	News flash, AD's are in the business of making money. You want him to pay a retail price for it so he can, at best, sell it and break even? Good luck to you.

23 February 2021, 11:33 PM	#18
brandrea 2024 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 73,656	You’ll never get the same money from an AD or a gray dealer for a used Rolex, as above. That said, if you go to sell it privately, don’t expect to get the same price as a reputable gray dealer. They have a reputation and can sell for higher prices than a Joe Blow private seller

24 February 2021, 12:27 AM	#19
bondtoys "TRF" Member Join Date: Mar 2009 Location: World Watch: 16750 Posts: 2,719	not sure how smart that move was from your side. To get access to the „good“ models, you should try to convince your AD that you are not reselling your Rolexes for a maximum profit. Well, you just did that.

24 February 2021, 12:36 AM	#20
bondtoys "TRF" Member Join Date: Mar 2009 Location: World Watch: 16750 Posts: 2,719	double

25 February 2021, 01:26 PM	#25
Tricolore66 "TRF" Member Join Date: Sep 2019 Location: USA Posts: 1,090	Keep in mind the AD probably has a safe full of new 116500's that he bought from Rolex for around $8,500...

25 February 2021, 06:16 PM	#26
riverline3 Banned Join Date: Jan 2019 Location: usa Posts: 104

4 March 2021, 08:56 AM	#28
pain888 "TRF" Member Join Date: Jul 2009 Real Name: Tony Location: Rolex Land Posts: 576	One last note....Im not a flipper...I never sold any of watches. I collect them and pass it to my kids......I was just busting my AD balls for fun... We have a love hate relationships.... __________________ M116519 WG, M16622, 116610LN, 218235(Olive), 116710(Batman), 126710(Pepsi), 116500(Black) AP ROYAL OAK OFFSHORE CHRONOGRAPH SEIKO SRP773 "LIVE LIFE TO THE FULLEST"

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