Want is a Good AD discount ??

[dardeca]

Originally Posted by enjoythemusic

First, since you're in NJ you need to find the most advantageous pricing / currency / msrp. The USA is not the best.

So...

Seek out best country/currency/VAT discount BEFORE you even bother with a dealer (AD or Grey). Since cost for product is about 61% of msrp.... so this is why you also want to bring to your benefit currency and msrp mis-pricing due to currency fluctuation (and VAT back from Europe, etc).

European dealer give you, say, 20% off. Then you get VAT back (~17%) and thus a nice discount to that of near USA dealer cost :)

Good advice. Not sure how you would go about such an investigation regarding current pricing across the various countries. Would be a great thread to have for reference here.

[tyler1980]

Originally Posted by dardeca

Good advice. Not sure how you would go about such an investigation regarding current pricing across the various countries. Would be a great thread to have for reference here.

please don't... especially if its the UK. We have been through the Rolex tourist invasion already. We need to rebuild now

[GB-man]

If you want a 5711 then forget it. You won’t be getting one at retail let alone three at a discount.

[KarlS]

Originally Posted by enjoythemusic

First, since you're in NJ you need to find the most advantageous pricing / currency / msrp. The USA is not the best.

So...

Seek out best country/currency/VAT discount BEFORE you even bother with a dealer (AD or Grey). Since cost for product is about 61% of msrp.... so this is why you also want to bring to your benefit currency and msrp mis-pricing due to currency fluctuation (and VAT back from Europe, etc).

European dealer give you, say, 20% off. Then you get VAT back (~17%) and thus a nice discount to that of near USA dealer cost :)

It would be good if some European owners could advise whether they get 20% off Patek....I dont have an insignificant collection and I definately dont...but then I suck at negotiation

[Lordofrolex]

Doubt they would have 3 SS available.

[pam66]

Originally Posted by KarlS

It would be good if some European owners could advise whether they get 20% off Patek....I dont have an insignificant collection and I definately dont...but then I suck at negotiation

usually i get 10% on all pateks (in rare cases 15) but never 20%. but then i get VAT back since i have no residency in the EU. that is typically around 16-18%, calculated from the discounted price. however, i did not get to buy a 5711A yet.

[tyler1980]

Originally Posted by KarlS

It would be good if some European owners could advise whether they get 20% off Patek....I dont have an insignificant collection and I definately dont...but then I suck at negotiation

i don't. But then again i buy in London and only own a ss 5164 and a 5712. It kind of sucks as my AD knows I will pay full retail now, so its going to make a discount harder on ones where a discount is possible in the future i suspect.

[KarlS]

Originally Posted by pam66

usually i get 10% on all pateks (in rare cases 15) but never 20%. but then i get VAT back since i have no residency in the EU. that is typically around 16-18%, calculated from the discounted price. however, i did not get to buy a 5711A yet.

I need you to negotiate for me...I think you could get 15% off a 5235 and you also can get a discount on a 5524....

For info what doscounts did you get on which models...I guess both the 5727 and 5712R would be 15%

[SpeedyTuomas]

Originally Posted by myporsche

You Patek guys are funny. So it's impossible to get a discount on an Aquanaut? You cannot get a Nautilus unless you wait a few years? OP asks a legitimate question and everyone starts bashing. All this hype, allocation, perceived rarity is getting out of hand. Here are some quick answers.

• You CAN get a discount on an Aquanaut
• You DON'T have to wait years to obtain a Nautilus - you will have to pay retail
• You will need to do research, have a good relationship with AD, and have CASH ready
• Buying 3 in one shot (cash) will help with negotiations, sourcing, and pricing

This might be true for 5% of clients.

I got a few hundreds of and an extra leather strap which was ok. It was not a SS Sports model.

Oh, and made an offer on a new Aquanaut at -10% and it was rejected so at least in my case it was not successful lol.

[AK797]

Originally Posted by RUK

So one day , 3 guys walk in to a Patek dealer and ask for three Nautilus watches.... 8 years later....

In all seriousness , getting three from one store is unlikely due to allocation and rarity .

Sent from my ONEPLUS A5000 using Tapatalk

Originally Posted by Sailman

What do you think is a good discount on a SS sports ( nautilus/ aquanaut ) Patek?

Myself and 2 friends are considering leveraging a discount with (3) cash deals.

I’ve heard of 20% , but could 25% to 30% be had ?

Thanks

Sounds like you're more after a GZ special.

[pam66]

Originally Posted by KarlS

I need you to negotiate for me...I think you could get 15% off a 5235 and you also can get a discount on a 5524....

For info what doscounts did you get on which models...I guess both the 5727 and 5712R would be 15%

i have a 5524 and 5711A on order, unsure delivery next year. if so, then 10%. 5320 on order as well, confirmed delivery next year and also 10%, same discount for 5712R. 5227 was an exchange deal with a panarei, which amounted to a huge discount, however the watch was 3 years old but unworn (very very likely true since i know the seller). i would have gotten the 5235 at 15% off but reneged. in two days i am picking up a 5711R, 13% off.
i don't think get treated particularly well, this is usual in austria/germany/italy.
rolex sports watches: i used to get 5-10%, now 0!!!!!!!

[KarlS]

I definately need you to.negotiate for me...I just paid full list for 5320 which was £50000...But then I guess I didn't have to wait

[codecow]

Seriously if you’re buying a $20k+ luxury item that nobody needs do you really need a 3% discount for not using a credit card? Not sure I really get it.

[dardeca]

Originally Posted by KarlS

I definately need you to.negotiate for me...I just paid full list for 5320 which was £50000...But then I guess I didn't have to wait

Does that price take into consideration no VAT?

[KarlS]

Originally Posted by dardeca

Does that price take into consideration no VAT?

yes

[Russell996]

Originally Posted by KarlS

yes

And delivery.

[KarlS]

Originally Posted by Russell996

And delivery.

Ha ha ok I not so hard done by...not to.many AD fly for 7 hours and then back to deliver a watch!

[Passionata]

Originally Posted by codecow

Seriously if you’re buying a $20k+ luxury item that nobody needs do you really need a 3% discount for not using a credit card? Not sure I really get it.

sure , every percent counts ,

and an other thing buying for cash is a great way to keep privacy ,
it s not my banker s business if i buy watch,booze or sex , you name it.

[tyler1980]

Originally Posted by Passionata

sure , every percent counts ,

and an other thing buying for cash is a great way to keep privacy ,
it s not my banker s business if i buy watch,booze or sex , you name it.

with those sums there will be paperwork required. Both at the AD and probably from the bank when withdrawing. Id rather the bank knows what im buying vs the IRS knowing im using large sums of cash. An audit would be a hassle.

[Passionata]

Originally Posted by tyler1980

with those sums there will be paperwork required. Both at the AD and probably from the bank when withdrawing. Id rather the bank knows what im buying vs the IRS knowing im using large sums of cash. An audit would be a hassle.

Keep your books tidy and they can check it if they want 24/7.

[tyler1980]

Originally Posted by Passionata

Keep your books tidy and they can check it if they want 24/7.

i agree. Its not a fun experience though even with nothing to hide. Just saying im not sure what triggers an audit. Im speculating that cash transactions might.

[KarlS]

Originally Posted by tyler1980

i agree. Its not a fun experience though even with nothing to hide. Just saying im not sure what triggers an audit. Im speculating that cash transactions might.

My AD wont take cash over GbP13000. Casinos, jewellers and pawnvrokets are high risk from a money laundering perspective

[enjoythemusic]

Originally Posted by dardeca

Good advice. Not sure how you would go about such an investigation regarding current pricing across the various countries. Would be a great thread to have for reference here.

Well, decades ago i used the phone and yearly visits to form a relationship with dealers. Now with the Internet it is far easier to get products from around the world. i remember getting 14% discounts between USD and Germany DM before VAT (when VAT was around 12% i think). Anywho, be smart and you'll figure it out.

[tng11]

Originally Posted by codecow

Seriously if you’re buying a $20k+ luxury item that nobody needs do you really need a 3% discount for not using a credit card? Not sure I really get it.

Especially when there are lots of credit cards (especially in North America) that give you 2% cashback, or travel points that are potentially worth more.

My AD doesn't do cash discounts - they would much rather you pay by credit card, as cash requires them to do all kinds of paperwork, take it over to the bank, etc.

[codecow]

Originally Posted by tng11

Especially when there are lots of credit cards (especially in North America) that give you 2% cashback, or travel points that are potentially worth more.

My AD doesn't do cash discounts - they would much rather you pay by credit card, as cash requires them to do all kinds of paperwork, take it over to the bank, etc.

You can probably get away with it if you’re Floyd Mayweather but yeah I think most ADs would not be excited.

Still odd to me that people buying Pateks care about a couple thousand either way.

[Passionata]

Originally Posted by codecow

Still odd to me that people buying Pateks care about a couple thousand either way.

some ppl got rich on that way

[Passionata]

Originally Posted by KarlS

Casinos, jewellers and pawnvrokets are high risk from a money laundering perspective

I say City of London where it goes on industry level , the places you ve mentioned are kids comparing to those guys.

[GB-man]

I pay by wire to my Patek AD. Just sayin.

[enjoythemusic]

Originally Posted by Passionata

I say City of London where it goes on industry level...

Yes it does. Of course it always helps to be amongst the first to receive the currency before it 'trickles down'.

[Tay821]

Originally Posted by codecow

You can probably get away with it if you’re Floyd Mayweather but yeah I think most ADs would not be excited.

Still odd to me that people buying Pateks care about a couple thousand either way.

When some people save a long time for a luxury watch, a few thousand is a big deal. Not everyone is liquid. There's people on here who save years for some watches