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28 August 2023, 09:32 AM | #1 |
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Patek ADs sink to new low
Hello all,
Avid Rolex/GS/Omega enthusiast here looking to branch out into Patek. Went to a major Patek AD today to inquire about the Weekly Calendar model as well as the base Calatrava (Ref 6119G). Now I know the Weekly Calendar is considered an 'in demand' model since it's steel but I figured the most basic Calatrava would be attainable with time and patience. I was told that, to even be CONSIDERED for one of those, I had to buy a piece from the 24 collection. I asked if I could build my purchase history with other brands in their store but was told not for Patek. So basically I have to buy a women's watch in order to purchase a basic Calatrava!? That's the most asinine thing I have ever heard. The SA who I spoke to said this is coming straight from Patek. So my question is - are all Patek ADs doing this? If so, then I'm going straight to gray. It just seems extremely dumb to make a guy purchase a women's watch in order to get even a base men's model. |
28 August 2023, 09:36 AM | #2 |
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The weekly calendar 5212A can bought under msrp. There was one listed recently on TRF for around $38k. In this case it would be beter going grey.
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28 August 2023, 10:49 AM | #3 |
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First time posting, great reading and learning from everyone over the last couple months.
I went to two ADs this year to buy my first PP: the first told me I needed to establish a lot of spending history before they would offer me anything. Before the pandemic (mid 2019), this same AD offered two PP but I didn’t take either (5235R, 5230R) - post pandemic, the same AD said he couldn’t offer anything without establishing more spend through pre-owned watches, etc. In June I visited another AD. I didn’t expect anything to come from the visit, but we had a nice conversation, he met my family, and, after inquiring about me professionally, he offered me two PP (5524R, 5230P). I took the 5524R on the spot and wore it out of the store. About a week later we spoke in more detail about my and my wife’s requests (it’s about 12). She tried on and loved the 5269R, but he didn’t have one available. A couple weeks ago he got it in and now we have two PP in the house in under 3 months. He expects to get me my first Aquanaut by EOY. I was really down after the first AD gave me bleak outlook, but that all turned around. While mine is only one experience, I would speak to more ADs - it could work out well. Sent from my iPhone using Tapatalk |
28 August 2023, 12:24 PM | #4 | |
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Gray, man! Particularly models that aren’t all that. Like weekly. Or 5524, which I just bot Sent from my iPhone using Tapatalk |
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28 August 2023, 12:26 PM | #5 | |
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Sick. As. It. Gets. I absolutely love mine Sent from my iPhone using Tapatalk |
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28 August 2023, 12:27 PM | #6 |
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28 August 2023, 05:55 PM | #7 | |
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28 August 2023, 06:59 PM | #8 |
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No. I would bring my money somewhere else. Patek does not have such policy in place. Plain bs that they cited this.
Good luck with your hunt. Time is all it takes! |
28 August 2023, 07:00 PM | #9 |
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If Patek policy can be inferred by the policy in Salons, this is not consistent with Patek policy. ADs are a different game though, and each seems to make its own rules. Good luck to anyone playing the AD game.
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28 August 2023, 07:51 PM | #10 |
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Agree with others, find another dealer or way of procurement. Also highly suggest you email Patek and ask about this policy, and let them know which dealer said this so they are aware of the situation.
__________________
__________________ “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. |
28 August 2023, 09:27 PM | #11 |
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Find another AD and if one is not close look to our Trusted Sellers. DavidSW has a new model Calatrava for slightly less than msrp. Many PP watches can be found for less than retail or around there.
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29 August 2023, 04:11 AM | #12 | |
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There was an AD who was asking customers to bundle with jewellery etc and that AD is no longer listed on the site as an AD |
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29 August 2023, 04:26 AM | #13 |
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for sure I would email Patek and bring it to their attention at the same time I would also carbon copy your AD on the email, and then wait to see what happens. getting a 5212 is not that difficult these days on sourcing one through a trusted grey dealer for close to or less than MSRP
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29 August 2023, 05:32 AM | #14 | |
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I ordered a second strap, but the identical strap on which it came. For no real reason other than I knew it was going to get beat up and sweaty. About 400 bucks; I did not, however, get a new buckle Sent from my iPhone using Tapatalk |
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29 August 2023, 07:31 AM | #15 |
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Having to buy a 24 isn’t a new low, that’s a well established baseline.
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29 August 2023, 07:36 AM | #16 |
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Find another AD, but make sure you visit the old one and show off your new Patek as well as any others you purchase.
The AD should understand that this kind of absurd bundling policy for a not-much-in-demand piece directly cost them business (as well as future business). |
29 August 2023, 08:36 AM | #17 |
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I gather these ADs have no men's stock idly sitting around waiting to be sold. So, from their view it is a seller's market in which they can dictate the terms.
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29 August 2023, 10:38 AM | #18 |
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1. Good excuse to buy the wife a nice watch.
2. Long term, maybe you don't want to be hustled; but remember, your AD doesn't want to be hustled either... at these levels unless you're a unicorn, the street runs both ways. |
29 August 2023, 03:17 PM | #19 |
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To be clear, they said no bundling allowed. I would have to wait to purchase a 24 collection piece and the. Wait again for the calatrava or weekly calendar.
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29 August 2023, 03:44 PM | #20 | ||
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Try another SA at that store. First, hopefully you meet a nicer and more genuine one that isn’t trying to pull a fast one on people. There’s definitely SAs that do that. Also it may sound stupid, but wear your nicest watch. Talk to the SA about why you’re looking to branch into Patek. SAs don’t want to waste their time either, and if you meet one of the nice/genuine ones, they’ll appreciate it. They want to know you’re serious about purchasing and keeping the piece. Or try another AD. |
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29 August 2023, 03:45 PM | #21 |
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Patek don't call those shots. the AD does. You do NOT need to buy a ladies watch to start a relationship. There are several great mens watches you can start from.
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29 August 2023, 03:48 PM | #22 |
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Admittedly, this is obscene, demoralizing, and scary given the 180 degree change in attitude (and even as a baseline attitude). But Imnosomm’s personal story above really gave me a lift, since I’m soon in a similar boat as you after my AD lost their PP status. I had pretty much resigned, and am watching the grey prices for some improvements in prices. But I do miss the opportunity of new pieces from an AD. If/when I get a chance, I’ll seek to pop into an AD and hope for a reasonable experience. I hope you will also be visiting other ADs and can get your request.
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30 August 2023, 08:10 PM | #23 |
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Right on! The AD should not be doing this as I understand it.
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