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24 February 2019, 04:58 PM | #1 |
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Jared Galleria and Omega sales..
Was browsing a Jared Galleria today and the manager claimed they aren’t able to discount any Omega watches (or Longines) because their stock is owned by the manufacturer and they set the prices, whereas with Tag, the store owns the watches so they can discount as they see fit.
Granted my last Omega purchase was in 2010 so it’s been awhile, but I’ve never heard this claim before. Any validity to it? Pretty sure I was being fed BS, but who knows. |
24 February 2019, 10:04 PM | #2 |
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Interesting. This wasn't in Buffalo, NY, was it? I stopped in at that Jared location last week, and the person who assisted me was excited to report that they're "authorized by Omega to discount the watches by 15%", which he said was rare.
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24 February 2019, 10:54 PM | #3 |
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No, this was in Michigan at the Auburn Hills location. I’ve never heard of a non-boutique authorized retailer basically selling on consignment.
They also had a sizeable pre-owned collection but oddly none of the watches came with their original box or paperwork, and they claimed the original Omega warranty no longer applied. They said the watches were warranted for one year (ostensibly through the store) and a 3 year warranty could be purchased. These watches tended to have very minor, superficial scratches which in my opinion looked to be the result of mishandling rather than actual wear, so I’m curious if these were all grey market. |
24 February 2019, 11:00 PM | #4 |
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Omega demand is way up due to Rolex shortages. New SMP selling fast and it is a steal at retail. So folks expect to pay a premium for a $8k sub but want a 15% discount on an Omega?...
I don’t get the watch shopping psychology
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24 February 2019, 11:17 PM | #5 | |
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This isn’t just watch shopping psychology, but common sense in minimizing diminished value. Do you pay full sticker for your cars? |
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25 February 2019, 12:07 AM | #6 |
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I purchased my Speedy from Jared’s in Colorado last month and was able to get 15% off. They had the new SMP and also said they could do 15% on that if I wanted that reference over the Speedmaster.
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25 February 2019, 12:46 AM | #7 |
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I would have said ok and gone and found the watch I wanted from a Trusted Seller for 30-40% off, slightly preowned and complete with the box and papers and an active warranty card. Omega is a watch that I will not buy new unless 30% off or more. I prefer pre-owned.
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25 February 2019, 01:36 AM | #8 |
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25 February 2019, 03:26 AM | #9 | ||
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Quote:
Quote:
Exactly |
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25 February 2019, 03:35 AM | #10 |
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Sounds like you knew your answer when you started the thread.
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25 February 2019, 03:46 AM | #11 |
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Assumed, yes. But I don’t work for Jared nor Omega, and therefore can’t claim to know the details of their business relationship. Affirmation of my suspicion provided by JayHantz, though annecdotal, helps prove that I was likely being lied to.
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25 February 2019, 05:43 AM | #12 |
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I was browsing Omega DSOTM prices and saw a receipt someone paid full price 12k for it.
Has anyone paid full price? |
25 February 2019, 09:36 AM | #13 |
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There really is no reason to pay full retail for an omega.
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26 February 2019, 12:17 AM | #14 |
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Whether they can discount or not I would stay away from Jared at all costs. I have never had a good experience with them and their jewelry is extremely overpriced.
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26 February 2019, 04:00 PM | #15 | |
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I was told they were allowed to discount Tissot and could probably give me $50 off |
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26 February 2019, 04:19 PM | #16 | |
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I want a trilogy speedy I think but even those I’ve seen for healthy discounts like new.
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17 March 2019, 01:37 AM | #17 |
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Follow up-
I received a message from Jared's Customer Care department confirming that the sales manager has the discretion to offer a discount on any item in the store. They had no idea what I was talking about regarding Omega owning the watches on display
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17 March 2019, 01:50 AM | #18 | |
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17 March 2019, 02:10 AM | #19 | |
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Whereas with dealers that are openly grey, they have no official relationship with the manufacturers of the watches they’re selling, so their priority is adding the most value to the watch they can by keeping the original package (e.g., box, paperwork, warranty cards, etc.) intact, and never risking their reputation with watches of questionable origin and condition. |
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17 March 2019, 02:30 AM | #20 | |
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