ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
23 June 2020, 02:34 AM | #61 |
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Relationships!
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23 June 2020, 02:50 AM | #62 |
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23 June 2020, 02:55 AM | #63 |
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23 June 2020, 02:57 AM | #64 |
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23 June 2020, 02:58 AM | #65 |
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23 June 2020, 03:12 AM | #66 |
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23 June 2020, 03:20 AM | #67 | |
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23 June 2020, 03:21 AM | #68 |
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23 June 2020, 03:22 AM | #69 |
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I’ve spoken with a few grey dealers and apparently they ship in way that doesn’t get charged duties/taxes, although they do say it’s possible to still get hit and they’re not responsible, so it really is a gamble in the end.
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23 June 2020, 03:25 AM | #70 | |
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23 June 2020, 04:34 AM | #71 |
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23 June 2020, 10:03 AM | #72 | |
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1) Customers: Frustration and anger is felt as people are not able to get the watches they want, is not ideal. 2) ADs: Frustration as everyone just keeps asking for the same 3-4 models all day every day and they cannot sell the remaining 97% of their inventory, which is crucial to keeping the "lights on" in the shop, to pay rent, salaries whatnot. 3) Greys: Margins on Sport rolexes are very thin, they arent making "loads" of money as what some people think. They also pay either inflated prices from the "flippers" or they have to purchase a bulk load of other rolex watches from the ADs through the backdoor to get the SS Rolex in the deal. 4) Rolex: Doing well because they are maintaining Brand Equity, their watches are more desireable than ever. They are still selling many other models (its not their job to sell it). Why would you suddenly flood the market with Pepsis or daytonas? Doesnt make any business sense. Overall, the situation is not ideal, but from a business perspective, I don't think one can "fault" rolex for "restricting" supply or being evil. I think honestly speaking, they arn;t really doing anything too different from what they were doing for years. Just making watches and shipping them out. I think its the AD behaviours that has changed radically, mostly to protect their own business from just being outlets to sell Subs and Daytonas. They need to sell other things to stay alive. Perhaps maybe the AD model is outdated, or maybe the industry needs more SS Sport watches to match the change in times and tastes.
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F.P.Journe Chronometre Optimum Black Label, Patek 5811G-001, A. Lange & Söhne Lange 1 191.039, Patek 5167A-001, Rolex Yacht-Master 40 Everrose, (Wh) Rolex Daytona 116500, (Blue) Rolex Skydweller 326934, Rolex Submariner 126610LV IG: tokyo_watch_guy |
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23 June 2020, 10:50 AM | #73 | |
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AD's can and do sell "97% of their inventory", no problem. |
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23 June 2020, 10:56 AM | #74 | |
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I agree, all my ‘grail’ watches on my list are non SS. To SS fans, we’re ‘wasting’ money on PM, reality is, when we buy one of our grails, we’re offered an SS... Sent from my iPhone using Tapatalk
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♛ Milgauss 116400GV ♛ Deepsea D-Blue 116660 ♛ Submariner 114060 ♛ Submariner 116613LN ♛ Exp. II black 216570 ♛ Exp. II white 226570 ♛ Sky Dweller white 326933 ♛ Sky Dweller Blue 326934 ♛ GMT II 116710 black ♛ GMT II 126710BLRO ♛ GMT II 126711CHNR ♛ GMT II 126710BLNR ♛ Daytona 116509 ♛ DD40 228238 H HUBLOT BIG BANG e ceramic C CHANEL J12 3125 AP 3120 MVT |
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23 June 2020, 10:59 AM | #75 |
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So you're a member of a watch forum, have a watch review website & Instagram and you genuinely walked into multiple ADs asking for a Daytona at list? And said the BLRO and Sub were your fall back options? With absolutely zero spend? When your existing Rolex was bought grey anyway? And you're suprised that they laughed you out of the store?
This honestly reads like a troll. Brb joining an online dating site looking for Angelina Jolie but if she says no I'll settle for Jessica Alba or Kate Upton as my fall back options. |
23 June 2020, 11:00 AM | #76 |
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True, I know that Rolex does very well with the classic line, I heard its the best seller in fact.
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F.P.Journe Chronometre Optimum Black Label, Patek 5811G-001, A. Lange & Söhne Lange 1 191.039, Patek 5167A-001, Rolex Yacht-Master 40 Everrose, (Wh) Rolex Daytona 116500, (Blue) Rolex Skydweller 326934, Rolex Submariner 126610LV IG: tokyo_watch_guy |
23 June 2020, 11:04 AM | #77 | |
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The 2 or 3 SS sports models popular at internet discussion forums are financially irrelevant to Rolex Company or its AD businesses. |
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23 June 2020, 11:07 AM | #78 | |
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F.P.Journe Chronometre Optimum Black Label, Patek 5811G-001, A. Lange & Söhne Lange 1 191.039, Patek 5167A-001, Rolex Yacht-Master 40 Everrose, (Wh) Rolex Daytona 116500, (Blue) Rolex Skydweller 326934, Rolex Submariner 126610LV IG: tokyo_watch_guy |
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23 June 2020, 11:12 AM | #79 |
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Some watches are best to get at grey. Example above is the submariner. Not much premium and immediately available. Another good example is the James Cameron DSSD. They sell for about MSRP + tax from grey.
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23 June 2020, 11:39 AM | #80 | |
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"Buy a Rolex and you can sell it for the same price you bought it, maybe even higher." "You're not buying a Rolex, you're just renting it." Let's face it, this is the core of Rolex ownership. This is what pushes people to buying: low financial risk. "Man, $9k is a lot of money for a Sub. But it's ok, if I sell it I'll get my money back." If Rolex doesn't have good resale value, all of the flippers and half of the Rolex WIS here would disappear overnight. |
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23 June 2020, 11:46 AM | #81 | |
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Unfortunately, Rolex WIS became collateral damage. But given the popularity of the brand, I think they're ok with that. |
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23 June 2020, 01:28 PM | #82 | |
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23 June 2020, 01:49 PM | #83 | |
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__________________
F.P.Journe Chronometre Optimum Black Label, Patek 5811G-001, A. Lange & Söhne Lange 1 191.039, Patek 5167A-001, Rolex Yacht-Master 40 Everrose, (Wh) Rolex Daytona 116500, (Blue) Rolex Skydweller 326934, Rolex Submariner 126610LV IG: tokyo_watch_guy |
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23 June 2020, 04:18 PM | #84 | |
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23 June 2020, 06:55 PM | #85 | |
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23 June 2020, 09:17 PM | #86 |
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[QUOTE=wb55;10696467]So you're a member of a watch forum, have a watch review website & Instagram and you genuinely walked into multiple ADs asking for a Daytona at list? And said the BLRO and Sub were your fall back options? With absolutely zero spend? When your existing Rolex was bought grey anyway? And you're suprised that they laughed you out of the store?
This honestly reads like a troll. Brb joining an online dating site looking for Angelina Jolie but if she says no I'll settle for Jessica Alba or Kate Upton as my fall back options |
23 June 2020, 09:42 PM | #87 | |
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Not quite. A lot of the hot models are going out the backdoor to the Greys Rolex constantly advertises these models as watches everyone must have and then preaches that these models should only be acquired at an authorized AD... Yet a new buyer walks in to an AD, finds no watches but lots of BS and games So new buyer goes home and googles “how to get a SS Rolex” and they find out there is no shortage, all the Greys have them for MSRP + premium Not working so fabulously I would say Sent from my iPhone using Tapatalk
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23 June 2020, 10:16 PM | #88 | |
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Nowadays, my daily beater is a Panerai (PAM01033 while i await the 1118). Love the Panerai, plenty of great strap options too for dress up and/or true hard-core sports use too. Panerai is doing quite a bit of impressive materials development, and new movements too.
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__________________ “Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson Sent from my Etch A Sketch using String Theory. |
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23 June 2020, 10:59 PM | #89 | |
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I have a feeling your AD smelled your BS as well when you told him that sorry excuse, and he labelled you as a potential flipper. your age probably does not help either, lots of young millenials have joined this hobby in the recent years, who are even willing to go in debt to acquire these watches to resell them for a profit. And not the best idea as well to ask for three of the most hyped references without any purchase history. you should have just sticked to one model as a first time buyer, you would have looked more serious as a potential long-term customer to the store. Anyway, you are probably better off going on the grey market for now. there is a nice canadian forum if you want to purchase in canada and avoid nasty duties and sales taxes. Good luck with your future purchases OP. |
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23 June 2020, 11:19 PM | #90 | |
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Yes, and the "hottest of the hot models" is always a direct correlation between MSRP and after market pricing. For example, SS Daytona's sell for the largest dollar increase above MSRP, so that watch becomes the most coveted/hottest to buy for MSRP at an AD. Next highest resale percentage above MSRP is the GMT, so that model becomes "second hottest model. The Submariners sell in the aftermarket for a bit above MSRP so the Sub's become , as the OP of this thread suggested, an "acceptable third choice". After the above three "hot models" there are no options which this type of buyer will consider,because his true goal is to walk out of the AD with a watch worth more than he paid for it. This type of buyer considers a display case full of DJ's, OP's, precious metal watches etc... to be an "empty case" and, or, that the AD shop "has nothing to sell". |
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authorized , dealer , list , rolex , wait |
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