I was quoted $15.5k for the new SS GMT Pepsi

[Quamby]

I am just gonna delay my purchases until I can get what I want at MSRP or close to it. I'm not gonna pay crazy prices for something that is nothing more than a trinket.

[tyler1980]

Originally Posted by Quamby

I am just gonna delay my purchases until I can get what I want at MSRP or close to it. I'm not gonna pay crazy prices for something that is nothing more than a trinket.

your logic is sound except the trinket part... even retail is a lot of money for a trinket

[Speedbird-1]

Originally Posted by tyler1980

your logic is sound except the trinket part... even retail is a lot of money for a trinket

Depends on one's definition of "a lot of money".

There used to be a reporter who worked for the BBC, a Scotsman, Fyfe Robertson, that frequently said, (in a broad, Edinburgh brogue), "some people think that two shillings and sixpence, is a lot of money, quite personally, I'm of the opinion, that SIXPENCE, is a lot of money".


I think old Fyfe, would be with you on this.

[GB-man]

Steep premium. I can’t believe it’s come to this but I’d rather pay an AD 1k over msrp and get it immediately than deal with the grey market on these.

I’ve don’t it before. It does happen. That’s all I have to say.

15k lol no thanks unless you plan to sell it.

[sager]

Originally Posted by GB-man

Steep premium. I can’t believe it’s come to this but I’d rather pay an AD 1k over msrp and get it immediately than deal with the grey market on these.

I’ve don’t it before. It does happen. That’s all I have to say.

15k lol no thanks unless you plan to sell it.

I honestly am not planning on selling it. BUT, I have still not seen it in real life. It is possible that I may not like it after seeing it or wearing it for a few days.

I also own a Pepsi 16710 "z" serial. So, one of them will have to go. Cannot justify having both.

[RHIII]

Not a chance.


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[crew]

Originally Posted by RHIII

Not a chance.


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I’m with you Roger.
Patience is our friend.

[MinMay]

more power to AD....after all, they're in the business to make money :) more money.

I think Rolex/AD needs to increase the price based on demand. If they do, then we will see all the stainless steel on display...and no more complaints and crying from consumers :)

[RHIII]

Originally Posted by crew

I’m with you Roger.
Patience is our friend.

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[TickTockChuck]

I'll not be paying over MSRP for any Rolex. If that's the only short term option, then I will just take a pass for now and buy in a few years once the fever cools. I already have a GMTIIC LN, so that amply satifies my GMT needs. I feel bad for the OP who was quoted such a premium for the SS GMT Pepsi, pretty insulting from an AD you've already done business with. Maybe some ADs are trying to price like grays with Rolex tightening down on back door sales. I'll rely on patience as I'm not really in a rush. Cheers!

[Andad]

Originally Posted by MinMay

more power to AD....after all, they're in the business to make money :) more money.

I think Rolex/AD needs to increase the price based on demand. If they do, then we will see all the stainless steel on display...and no more complaints and crying from consumers :)

[yhzdude]

i think they should charge double or triple...until we stop running to buy the watches..the watch won't come down in price. very simple supply and demand.
You let them have the watches in the windows for a few month and the price will be as advertise or even negotiable.
this forum is accessible by anyone in the world, yes they read it like you and i and laugh to the bank.
god i might even buy the pepsi so i can sell it for a profit..or buy 2 if i can.
stop writing about of much you want that watch and that you are ok paying $ 5000 over the suggested price.
you are creating the monster.

[D O C]

Gordon Gekko said,

"The illusion has become real, and the more real it becomes, the more desperately they want it. Capitalism at it's finest."

I keep hearing the same refrain, "I'd never pay those outrageous prices." I got news for you, you already are. Dropping $6-$10K for a even an entry level Rolex. This ain't chump change. And there will always be someone that will pay premium prices for premium luxury items.

[RHIII]

Winston Churchill said...”the inherent vice of capitalism is the unequal sharing of blessings....”



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[datejust24]

Originally Posted by sager

I honestly am not planning on selling it. BUT, I have still not seen it in real life. It is possible that I may not like it after seeing it or wearing it for a few days.

I also own a Pepsi 16710 "z" serial. So, one of them will have to go. Cannot justify having both.

Well I’d just go ahead and plan to sell the 126710 for a profit then honestly..either that or just keep both, I don’t see why not as they are completely opposite ends of the spectrum different

[ap1]

I would tell on them

[kicksncrowns]

Pricing seems right to me

[enjoythemusic]

Sure, a couple bitcoin seems about right.

[Fabrice M]

Originally Posted by jrs146

Shame on AD’s. I get gray dealers but ADs should not be allowed to sell for over MSRP. At least here in the states they can’t.
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They can't but they do. They sell them to grey dealer for MSRP as long as the grey dealer share a percentage of their profit in return...

[jrs146]

Originally Posted by Fabrice M

They can't but they do. They sell them to grey dealer for MSRP as long as the grey dealer share a percentage of their profit in return...

Please share your proof to validate this statement. Clearly they sell to gray dealers. But I’d be very curious to see how you can prove that there is a kickback.


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[D O C]

For example, right now there's a nice 116610 NIB in the classified right now. Except it's roughly $500 over MSRP.

Am I missing something here? Why would I do that? When I can get a fresh, new one from my local AD. Because its available RIGHT NOW and I don't have to wait? Is that the reason?

[Quamby]

Originally Posted by jrs146

Please share your proof to validate this statement. Clearly they sell to gray dealers. But I’d be very curious to see how you can prove that there is a kickback.


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That's how they roll (operate) in Hong Kong. Many grey dealers are operated by ex-AD salespeople and I'm told some of the larger grey dealers are actually wholly or part-owned by AD proprietors themselves. It gives the AD proprietor an alternative channel to sell goods at above or below MSRP.

[datejust24]

Im pretty sure ADs here in the States definitely aren’t allowed to sell over MSRP...who would set the price? The owner of the ad? No...they either adhere to all Rolex’ policies which of course governs pricing or get caught selling at inflated prices and lose their AD status..pretty simple

[Bello_nyc]

Wow smh !!!

[Jowatch]

Originally Posted by phillycheez

Rolex should just sell online and only in their boutiques. Skip everyone else.

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Agree.

[Watch Admirer]

I think you should give them 20000$US to make sure you are the first on the list to obtain it!


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[SoCal_Batman]

Originally Posted by Jowatch

Agree.

+1. I don’t know why they don’t. They have so much control over their brand exclusivity, however they could care less the AD’s exploit consumers with inflated pricing.

Again, supply and demand 101.

[Quamby]

Originally Posted by Jowatch

Agree.

Then who's gonna buy up all those unwanted and unloved Date-justs and Day-Dates? :)

I very much doubt the online-only sales business model is feasible for any mass production manufacturer. The big stock exchange listed groups won't do it because they will not have the ability to stuff goods downstream to authorized retailers, aka 'channel-stuffing' to cook their numbers and will have nowhere to hide from the scrutiny of financial markets. Any discounting, inventory management, sales slowdown would become apparent.

Rolex is not listed but may still be subject to the same financial reporting standards.

[Polarbears]

Never pay above msrp. Wait.

[116710er]

I would only be willing to pay a tad over retail under very specific circumstances. Like on my 126600 SD43/50. I paid just barely over retail+tax (like $100-$150 over) to ensure that I got it in 2017 because I wanted it during the actual anniversary year plus it was fully stickered. Outside of something like that, I wouldn't pay more than MSRP + Tax.