ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX
7 May 2018, 07:55 AM | #1 |
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Saw this at costco today...
Looks like even costco, knows the value of these watches... What is MSRP price on this one?
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7 May 2018, 07:57 AM | #2 |
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$48,850
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7 May 2018, 07:57 AM | #3 |
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The blingy bling to the chintzy chintz.
Rolex really is a Costco type brand. [insert Costco parking lot wrist shot.] |
7 May 2018, 07:58 AM | #4 |
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7 May 2018, 08:05 AM | #5 |
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How does this work. Do they buy grey market and resell? Is this legal? It’s one thing if a little mom and pop does this vs a massively big company.
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7 May 2018, 08:05 AM | #6 |
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They aren't considered an AD right?
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7 May 2018, 08:16 AM | #7 |
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overstock.com was also getting Rolex and isn't an AD either. they are dumping watches clearly. must be all that strong demand out there.......
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7 May 2018, 08:16 AM | #8 |
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Don’t they only take 15% on everything. Also heard their return policy is ridiculous. Can buy a watch and if anything goes wrong just take it back for a 100% refund lmao
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116506 |
7 May 2018, 08:20 AM | #9 |
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Yes, grey market watches, most likely many that are slower movers. Sure they can sell them, legal as long as they don't claim to be an authorized dealer.
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7 May 2018, 08:26 AM | #10 |
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I still dispute this, they wouldn't take back an unused pearl necklace of my sister's for £300 without getting the manager involved and some hassle, so I suspect they will come up with some jargon to refuse a return, esp if not pristine. I would need a written guarantee on the watch in question before buying, store policy is too vague.
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7 May 2018, 08:38 AM | #11 |
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7 May 2018, 08:57 AM | #12 |
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7 May 2018, 08:58 AM | #13 |
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A variety of Rolexes show up at Costco, from time to time... Sent from my iPhone using Tapatalk |
7 May 2018, 09:17 AM | #14 |
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Why in the world would anyone think this is illegal?
A gazillion different sources can sell you a preowned Rolex, but Costco can't?
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116610LV, Hulk, March/2018 126655, November/2022 Next/Last 126600 |
7 May 2018, 09:20 AM | #15 |
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Since this is Costco would this watch be brand new or is it preowned?
My Costco where I live also sells Rolex, Cartier, and Patek |
7 May 2018, 09:22 AM | #16 | |
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Quote:
I saw a Platinum Daytona with the ice blue dial (my ultimate Rolex grail watch) priced at approx $10K below retail, at $65K, at Costco, about a year ago. I had the chance to try that watch on about 3 years ago. So stunning. |
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7 May 2018, 09:22 AM | #17 |
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Would u spend $35k st Costco?
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7 May 2018, 09:27 AM | #18 |
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Patek... Wow.
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7 May 2018, 09:29 AM | #19 |
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7 May 2018, 09:30 AM | #20 |
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7 May 2018, 09:31 AM | #21 |
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7 May 2018, 09:51 AM | #22 |
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Mine currently has 2 DJs and a Rose Gold Patek!
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7 May 2018, 09:53 AM | #23 | |
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Quote:
It's most definitely not Sam's club. Those of us who grew up in California are well aware of that. |
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7 May 2018, 09:54 AM | #24 |
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7 May 2018, 09:55 AM | #25 | |
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Quote:
As far as other brands, some under $10k steel JLCs, Omegas and Breitlings. No Navitimer though.
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Rolex 116710 BLNR Rolex Day Date 118238 Champagne/Batons |
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7 May 2018, 10:05 AM | #26 |
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That’s what we have at our Costco. Sent from my iPhone using Tapatalk |
7 May 2018, 10:10 AM | #27 | |
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Quote:
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7 May 2018, 10:13 AM | #28 |
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buy it for 36k and youll lose an easy 5k.
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7 May 2018, 10:28 AM | #29 |
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That’s actually a great price these days! That model has gonna up in value since the OF line was released.
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7 May 2018, 10:36 AM | #30 |
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Costco is a huge company. Do they have a department with a staff calling Rolex dealers to buy slow turn inventory to resell? How long does that 35,000 Rolex sit there befor they sell it. Kind of a waste of time for them. I assume they don’t care if it sits there forever as 35,000 is a cheap marketing expense to show everyone who walks in the store they are higher positioned in the market since they sell Rolex.
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