20% discount and no tax considered good?

[Saoirse32]

New to Panerai and will have a chance soon from an AD with what my title states. I know getting 20% off on a new Breitling isn't good enough (for me), but what about a new Panerai? Thanks in advance.

[waikeekee]

20% less from the recommended retail price is extremely good. However, the final price is based on what is the price decucted from? Because, the list price differ from country to country.


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[mickyd329]

If it's from an AD, it's a good deal. You can usually get a another 2-5% more from a TS depending on the model.

[mfer]

Model is a big factor. Which reference?

[nick c]

Try to squeeze more then 20%, best of luck

[ajas]

Well it depends which model are you talking about

[michaelodonnell123]

Why is there no tax? Somebody has to pay it.

[Saoirse32]

Any model for the 20% and the no tax would be if the purchaser has it shipped out of state per the salesperson


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[michaelodonnell123]

Originally Posted by Saoirse32

Any model for the 20% and the no tax would be if the purchaser has it shipped out of state per the salesperson


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The tax is still due:
"Consumer’s use tax applies to purchases from out-of-state vendors that are not required to collect tax on their sales. Sales and Use tax generally applies to most leases of tangible personal property. The sales tax and the use tax are "mutually exclusive", which means either sales tax or use tax applies to a single transaction, but not both".

[Saoirse32]

Originally Posted by michaelodonnell123

The tax is still due:
"Consumer’s use tax applies to purchases from out-of-state vendors that are not required to collect tax on their sales. Sales and Use tax generally applies to most leases of tangible personal property. The sales tax and the use tax are "mutually exclusive", which means either sales tax or use tax applies to a single transaction, but not both".

Ok, thanks for the lesson! The purchaser wouldn't be paying it, though.

[Cru Jones]

Originally Posted by mfer

Model is a big factor. Which reference?

Originally Posted by ajas

Well it depends which model are you talking about

[Saoirse32]

Doesn't it seem as though some don't read or look at the updated posts? All/any models are in play for the discount. Also, please refrain from giving me lessons on taxes. I have a GED you know!


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[mfer]

Originally Posted by Saoirse32

Doesn't it seem as though some don't read or look at the updated posts? All/any models are in play for the discount. Also, please refrain from giving me lessons on taxes. I have a GED you know!


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And I'm done. Good luck.

[Saoirse32]

Thanks. Anyone else care to opine regarding if 20% is good? Again, possible Panerai newbie here.


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[Ruud Van Driver]

20% off anything is generally good (except Omega because I'd want more than that).

Personally, I would be amazed if you can get 20% off any Panerai reference. On some pieces that are not the hottest sellers, or a NOS on something like an N serial, maybe. Otherwise, if they're telling you 20% off ANY Panerai reference well, with respect, I call BS. Even with my relationships with OP Singapore and my Rolex AD, who can source me a PAM from one of his other boutiques, the best I can achieve is 12%. But 20%? No. Just, no.

[Saoirse32]

Originally Posted by Ruud Van Driver

20% off anything is generally good (except Omega because I'd want more than that).



Personally, I would be amazed if you can get 20% off any Panerai reference. On some pieces that are not the hottest sellers, or a NOS on something like an N serial, maybe. Otherwise, if they're telling you 20% off ANY Panerai reference well, with respect, I call BS. Even with my relationships with OP Singapore and my Rolex AD, who can source me a PAM from one of his other boutiques, the best I can achieve is 12%. But 20%? No. Just, no.

I'm not making it up! Now, we shall see once the time comes to purchase if they pull the old flim-flam. I wouldn't be surprised either way. If I get it, I'll be sure to post the receipt as evidence. I was surprised bc I thought it sounded high as well for Panerai, but again, I'm not spun up on the brand like many here. Time will tell...


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[Ruud Van Driver]

Originally Posted by Saoirse32

I'm not making it up! Now, we shall see once the time comes to purchase if they pull the old flim-flam. I wouldn't be surprised either way. If I get it, I'll be sure to post the receipt as evidence. I was surprised bc I thought it sounded high as well for Panerai, but again, I'm not spun up on the brand like many here. Time will tell...


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Maybe I should have made myself clearer. I am not saying that you're making it up; whether you are or you're not, I have no way of knowing.

However, what I will say is this: if the AD has told you this, then I'd suggest calling them out and asking for that sort of discount on a particularly desirable piece. Whilst I'm a Panerai fan, I am by no means an expert; I'm sure others can chime in with which references to ask for but if you had 20% off something like a 233, 533, 372, 684 or 692 I would be amazed. If they give you anywhere near 20% off one of those then I'll eat my own Alan's.

Good luck.

[shafran]

25% off, but it may not be a hot model and it wasnt from an ad but one of the internet sites. 20% from an ad is great, from the boutique even better.

[1William]

I think 20% off is a fair amount but as earlier pointed out the model does matter. I would also have to do some research and determine which models the TS are good with taking and the amount on a trade or a sell. Good luck with the purchase.

[Tj O'Reily]

I went to Panerai boutique in Toronto yesterday and they were kind enough to offer up a measly 4%, and that was supposedly offering me an unbelievable discount, and that was after talking to the store manager. I went across the Rolex boutique and picked up a nice DJ41. I would not recommend that place unless you want to take a bath. Jomashop has Panerai models on sale at substantial discounts. If I lived in the US I would definitely consider buying from them. I will just wait for a nice pre-owned model to come up locally.


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[Rjongco]

My local AD wouldn't offer any discount so if say 20% is pretty good.

[waikeekee]

Originally Posted by Ruud Van Driver

Maybe I should have made myself clearer. I am not saying that you're making it up; whether you are or you're not, I have no way of knowing.



However, what I will say is this: if the AD has told you this, then I'd suggest calling them out and asking for that sort of discount on a particularly desirable piece. Whilst I'm a Panerai fan, I am by no means an expert; I'm sure others can chime in with which references to ask for but if you had 20% off something like a 233, 533, 372, 684 or 692 I would be amazed. If they give you anywhere near 20% off one of those then I'll eat my own Alan's.



Good luck.

20% really do exist.

Just that you have not realized it. July 30, 2017. Recent enough? I bought a 422 from an AD in HKG. The recommended retail price at the moment for 422 in Hong Kong is HKD69,600.00 and I bought it at less 20%. I paid HKD55,680.00 convert to SGD, that would be around $9,650.00

A 372 is also 20% off the RCP. I just placed an order for a 673 and it will be less 20% too from HKD73,900.00. SGD100.00 = HKD573.00 You do the maths.

In Singapore, the best I got from an AD (THG) is less 16% and the RCP is about 5-10% higher than compared to HKG. A 424 sold in an HKG AD is only about SGD7,600.00 with the full 2 years warranty.

I will be looking to collecting my 673 on October 3, 2017 if there are no change in plans.



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[michaelodonnell123]

Originally Posted by Saoirse32

Ok, thanks for the lesson! The purchaser wouldn't be paying it, though.

Wrong. The purchaser would be paying it.

[Saoirse32]

Originally Posted by michaelodonnell123

Wrong. The purchaser would be paying it.

Let me guess, you like to show how smart you are, correct?

[Ruud Van Driver]

Originally Posted by waikeekee

20% really do exist.

Just that you have not realized it. July 30, 2017. Recent enough? I bought a 422 from an AD in HKG. The recommended retail price at the moment for 422 in Hong Kong is HKD69,600.00 and I bought it at less 20%. I paid HKD55,680.00 convert to SGD, that would be around $9,650.00

A 372 is also 20% off the RCP. I just placed an order for a 673 and it will be less 20% too from HKD73,900.00. SGD100.00 = HKD573.00 You do the maths.

In Singapore, the best I got from an AD (THG) is less 16% and the RCP is about 5-10% higher than compared to HKG. A 424 sold in an HKG AD is only about SGD7,600.00 with the full 2 years warranty.

I will be looking to collecting my 673 on October 3, 2017 if there are no change in plans.



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Try reading my posts again.

I did not say 20% off a Panerai does not exist. I questioned 20% off ANY reference.

Clear enough?

[jwkunkle]

Originally Posted by michaelodonnell123

Wrong. The purchaser would be paying it.

Dude...let it go.

[shafran]

[QUOTE=Tj O'Reily;7905876]I went to Panerai boutique in Toronto yesterday and they were kind enough to offer up a measly 4%, and that was supposedly offering me an unbelievable discount, and that was after talking to the store manager. I went across the Rolex boutique and picked up a nice DJ41. I would not recommend that place unless you want to take a bath. Jomashop has Panerai models on sale at substantial discounts. If I lived in the US I would definitely consider buying from them. I will just wait for a nice pre-owned model to come up locally.


Mine was from jomashop, complete and perfect, 25% off a pam 535

[ap1]

Originally Posted by Ruud Van Driver

Maybe I should have made myself clearer. I am not saying that you're making it up; whether you are or you're not, I have no way of knowing.

However, what I will say is this: if the AD has told you this, then I'd suggest calling them out and asking for that sort of discount on a particularly desirable piece. Whilst I'm a Panerai fan, I am by no means an expert; I'm sure others can chime in with which references to ask for but if you had 20% off something like a 233, 533, 372, 684 or 692 I would be amazed. If they give you anywhere near 20% off one of those then I'll eat my own Alan's.

Good luck.

Ruud, you'd be eating some Alan's (underwear?) if I made a call

[Ruud Van Driver]

Originally Posted by ap1

Ruud, you'd be eating some Alan's (underwear?) if I made a call

Yep, me Alan Whicker's (knickers)

So you're telling me you'd get 20% off any PAM of your choice from an AD? I'm not talking lightly used or from a grey.

I'm referring specifically to the OP who said 20% off ANY PAM from an AD.

[pakal]

Totally agree with Ruud. There's no such things as 20% off ANY pam reference.