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28 March 2018, 10:13 PM | #31 |
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What makes you think you will pay more from a Grey dealer? Here is a bomb shell: Create a working relationship with a trusted seller and you can negotiate a better price than what you can get through a AD that doesn’t have the watch anyway. Now you end up with a new watch (with stickers on it) with factory warranty, no tax, and you didn’t wait on a list for a lengthy time.
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28 March 2018, 10:15 PM | #32 |
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Nonsense grey dealers are there to charge you more for watches than an AD anyone can negotiate down from AD for watches they can’t shift but a grey will charge you a huge markup over the AD price of say any SS model so your not making sense
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28 March 2018, 10:18 PM | #33 | |
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Forum trusted sellers is where it’s at for a WIS. Reputations are guarded on this forum buy trusted sellers and by established members. It’s a tremendous asset for both parties to do business within this structure. It’s smart to not rule out trusted sellers as well as your local AD.
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28 March 2018, 10:30 PM | #34 |
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That's certainly a possibility. I know I've heard the opinion voiced many times on TRF. However, without verifiable data showing such an affect or disputing it, personally, it's a non issue for me. I just accept it as the way things are. Of course, that may not be the case for everyone.
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28 March 2018, 10:36 PM | #35 | |
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Absolutely this! People buy the easy to get models from grey to save money, and then moan that loyal AD customers get the hard to get models only available at MRSP from AD's! Honestly!! Sent from my iPhone using Tapatalk
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28 March 2018, 10:39 PM | #36 |
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Been there. Nice little shop. Friendly staff, but they never contact me after my visit though... maybe the watch I wanted is still not available?
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28 March 2018, 10:47 PM | #37 |
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Given the current environment, it absolutely makes sense to form a relationship with your AD. Plus, ADs are typically priced within what a grey charges, sometimes cheaper.
I might as well give my money/business to an AD who in turn gets me sought after SS watches at msrp (sometimes even a little discount). With a grey dealer, your business is rewarded by having the privilege of paying $7k above msrp for a Daytona or $3k for a Hulk. God knows what the Pepsi will be.
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28 March 2018, 11:28 PM | #38 |
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As did I. I found comfort knowing I bought my (first) Rolex from an AD. Congrats on your purchase!
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28 March 2018, 11:31 PM | #39 | |
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28 March 2018, 11:48 PM | #40 | |
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28 March 2018, 11:49 PM | #41 |
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[QUOTE=MinMay;8426253]Yep...pretty much 99% of everyone that owns a Rolex sell their watch for a loss or gain down the road. Everyone is a flipper and they're complaining about others
Agreed. I also agree w/Rolexier. I have a relationship w/a small family run AD & couldn't be more impressed w/their business philosophy/ concept, & work ethic! Fwiw, I have sold 2 watches to a grey, and traded w/an AD. |
28 March 2018, 11:56 PM | #42 |
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If you cannot get the model you want at an AD for MSRP or below in the time you want, go to the grey market. If you’re buying PM there’s a substantial savings by going grey.
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29 March 2018, 12:43 AM | #43 |
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Agreed - a few months ago, I had an AD try to tell me that they never made 16570 Exp II's with the 3186 movement found in the current GMT II LN and BLNR.
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29 March 2018, 12:49 AM | #44 |
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The complaints about the grey dealers come out now when you are paying a"premium" for a watch. I don't remember the posts when you could get almost all watches from the grey dealers at a "discount". With the exception of the SS Daytona, you could get any model SS professional at a discounts, did not hear complaints I am paying too little for the watch. Some people want it both ways.
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29 March 2018, 02:05 AM | #45 | |
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29 March 2018, 02:06 AM | #46 | |
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29 March 2018, 02:08 AM | #47 |
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This is a provably false claim. "Any SS model"? What are you talking about? Trusted sellers have Sub, DJ, OP for below MSRP with no tax. Maybe be more precise before you bash these greys...if you want a Daytona, or a new SS piece that was just released and is in high demand, then yeah-- they charge a markup. But your over-broad criticism makes it hard to take you seriously.
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29 March 2018, 02:42 AM | #48 |
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I am with you on this. If at all possible I will buy from an AD. As far as I am concerned grey dealers who scoop up popular models can keep them.
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29 March 2018, 03:26 AM | #49 |
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I suspect any state with a sales tax has a corresponding use tax. The issue is individuals almost never get audited for sales tax and most unpaid use tax is only discovered during a sales tax audit. (A sales tax audit focuses in a business paying for sales tax on non-inventory purchases-inventory is exempt). If out of state purchases show up, they are treated the same as if a tax exempt certificate was used on a non-exempt purchase.
Individuals do not have tax exempt certificates, so there are virtually no sales tax audit on them. However, for specific material items, some businesses have been forced to inform the sales tax departments in othe states of the sale. I know of cases involving high end jewelry and RV,s. States have billed individuals for large single purchases they were already aware off. The jewelry one I recall was Tiffani’s. Apparently they are in NY but have many customers in NJ. The customer would shop locally, but sales staff would tell them to go home and order by mail to avoid the NY tax. A lot of marriages got destroyed when wives opened NY tax bills for jewelry purchased for mistresses. I seem to recall husbands attempting to sue NY for privacy violations. |
29 March 2018, 04:31 AM | #50 | |
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29 March 2018, 05:07 AM | #51 |
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29 March 2018, 06:26 AM | #52 |
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29 March 2018, 08:48 AM | #53 | |
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29 March 2018, 08:51 AM | #54 | |
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29 March 2018, 09:36 AM | #55 |
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Bill, I agree and I'm famailar with the Omega gray market, which I'm sure is similar to the Rolex one. What I disagree with is paying above MSRP. Personally, I'm fine waiting to get a watch. I had to wait to get my BLNR and I'm currently waiting for the LVc. It's not my first choice, but given I'm NOT going to pay above MSRP, I don't mind waiting.
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29 March 2018, 10:42 AM | #56 | |
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It’s funny because for a long while I only bought from gray dealers. But even before the insanity today gray prices started to slowly creep up. This led me to start building relationships with AD’s. Now with the generous discounts my ADs give me I’m getting in-demand watches for thousands less than gray market price. In a way the gray dealers have helped me save money by not buying from them! Sent from my iPhone using Tapatalk
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30 March 2018, 11:22 AM | #57 |
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Grey vs AD
That was great feedback. I get it, do you want an AD relationship or just the watch... etc..Thx,,,
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30 March 2018, 11:28 AM | #58 | |
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Quote:
odds are it wont go below the gray prices ever.
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30 March 2018, 11:30 AM | #59 | |
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i bought my subc for 20 percent below retail from a grey dealer. bnib w my name on the warranty card.
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30 March 2018, 11:36 AM | #60 |
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I will be a customer of DavidSW for life. Amazing transactions from start to finish. I can't see how I would have a better relationship with an AD than I do with him.
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