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#1 |
"TRF" Member
Join Date: Jun 2005
Real Name: Duh!
Location: Toronto Canada
Watch: a gonna do?
Posts: 2,573
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unfairness in the Rolex world
once again another insulting comment from TZ has sparked this. I am SpeedstateG35C over there (Speedstate being the company I used to own but have sold, in case you were wondering)
Earlier this year in HK my mom was offered SS Daytonas at a discount, the reason being that the person that she was brought into the store by spends millions a year there for both personal and as bonuses for ppl in their company. Because of the large amounts this person spends there obviously the owner of the store will do anything to please them so when the SS daytona was brought up they were more than happy to sell them (my mom really) right away, when asked about a discount the owner was still ok with it. Now this is the part that gets to me, ppl who spend millions and dont even care about the watch (referring to my mom's friend of course) can get it any time they want and even for a discount. Whereas many ppl like us who want this watch and will be willing to pay full list price for it cant get it without waiting forever. In other words, in this market one has to buy all sorts of diamonds, rubies, emeralds, AP, Chopard, Breguet, Vacheron watches just to get a Rolex? This is even true in the US, while some ppl are on waiting lists for years, there are some that can call up their AD and get one in a matter of weeks sometimes less. Again simply because of the money they have spent there on non-Rolex items. Couple of guys on TZ got more than one at list (who knows maybe less) from an AD once the fat hand model came out. I really wish there was a way for me to get one from there through my mom's friend but by the time we pay taxes on it it would be worse than buying one at an inflated price from a grey market dealer. Damn Cdn import taxes. Whats your take on this? and yes I know that the world is not fair, and not much Rolex can do about it since once it is sold to their ADs it then becomes property of the AD and other than selling above MSRP the AD can sell to whom ever they want and however they want to sell it to them (eg. as part of a $500K purchase etc). |
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#2 | |
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Quote:
But if a watch is bought in HK and worn back, all those taxes can be circumvented. A buddy of mine did that with his Sub, and he had even packed the boxes deep in his luggage. Otherwise, I know a place in Toronto where they usually have one SS Daytona in stock at all times, often two. But you'll be paying CDN$2500 over list for it. ![]() BTW, I used to LOVE the SS Daytona. Now I wouldn't want one even if I had the money and one was offered. I don't want to partake in the shenanigans played by Rolex, their ADs and the shilling ba$tards who flip them on the gray market. Last edited by Atomic; 30 November 2005 at 11:12 PM.. |
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#3 |
Banned
Join Date: Nov 2005
Posts: 71
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I agree, it is sad and upsetting that stores work this way...capitalism at its finest I guess but truly different from the Rolex of the 50s, 60s and 70s where most who wanted one and could afford it had access...now with status and image being a big part of their business it looks better to have elusive models like the Daytona ...
In my perfect world Rolex would ramp up production of popular models so that everyone could have them that wanted them and cut back on the less popular models, but this isn't a perfect world... I am on the list and my dealer said two years but I doubt I will ever get that call as all I have ever purchased from them was my Sub. |
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#4 | |
"TRF" Life Patron
Join Date: Jun 2005
Real Name: Peter
Location: Llanfairpwllgwyng
Watch: ing you.
Posts: 52,826
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Quote:
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ICom Pro3 All posts are my own opinion and my opinion only. "The clock of life is wound but once, and no man has the power to tell just when the hands will stop. Now is the only time you actually own the time, Place no faith in time, for the clock may soon be still for ever." Good Judgement comes from experience,experience comes from Bad Judgement,.Buy quality, cry once; buy cheap, cry again and again. www.mc0yad.club Second in command CEO and left handed watch winder ![]() |
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#5 |
Fondly Remembered
Join Date: May 2005
Real Name: JJ
Location: Auckland, NZ
Watch: ALL SOLD!!
Posts: 74,319
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Yep guys...money does seem to TALK!!!
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Words fail me in expressing my utmost thanks to ALL of you for this wonderful support during my hour of need!! ![]() I firmly believe that my time on planet earth is NOT yet up!! I shall fight this to the very end.......and WIN!! |
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#6 |
"TRF" Member
Join Date: Dec 2004
Location: California
Posts: 220
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Sorta on the fence about this one, really... the watch enthusiast in me naturally cries foul that a corporate buyer would be able to get a sought-after item quite easily while others who really cherish it can't get it without considerable trial.
However... I also understand the dealer's perspective here, which certainly must be that everyone wants this model, so there's no way they can provide this desired watch to anyone who wants it, much less be the arbitors of "fair play" and see to it that only "true watch lovers" get one when it comes in. These guys are in *business*, so of course their criteria for choosing who gets one of these watches is financially driven. Look at it this way: If Joe Shmo who really loves and wants a Daytona walks in a gets one, what does the dealer get? One sale. When millionare Joe comes in and spends hundreds of K, then asks for a Daytona and he gets it, what does the dealer get? Another XX months of hundreds of K coming his way. Believe me, I am NO fan of Rolex dealers, they stink IMO. But, they're businessmen, not watch enthusiasts, so I can see why they do it. Just *another* reason I couldn't give a fart in a wind storm about a Daytona... besides the obvious fact that it's a totally mediocre looking watch ![]()
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"Through the tool watch, Rolex became allied not just with dependability and accuracy, but with great human achievement." Vintage Rolex Sports Models Skeet & Urul |
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#7 |
Banned
Join Date: May 2005
Real Name: maverick
Location: Prescott
Watch: Rolex
Posts: 1,180
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Well that's just the way the world works
Yep, money talks,
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#8 |
Lifetime TRF Patron
Join Date: May 2005
Real Name: Daren
Location: Austin
Watch: the road
Posts: 13,585
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Another sad but true way Rolex has us by the short and curlies.
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You either get it or you don't, if you have to ask, YOU DON'T!! ![]() I really hope that midget cop doesn't find me in Kokomo. ![]() |
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#9 |
Banned
Join Date: Nov 2005
Posts: 71
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What molex mentioned is interesting...
I mean do most here blame Rolex for this or the Dealers? Personally I would put more blame on Rolex for not adequately supplying the market with a desired product than a dealer for "rewarding" a valued customer.... If I were a dealer I can honestly say that while I wouldn't like what I was going from a moral standpoint I might be inclined to do the same..that is unless I had a strict waiting list period which is something I personally might do but can understand those who wouldn't adhere to it for special and valued customers. |
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#10 | |
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Posts: n/a
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That my friends, is absolutely genius marketing. It totally sucks from an average guy's POV, but such is life. |
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#11 | |
Banned
Join Date: Nov 2005
Posts: 71
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#12 | |
Guest
Posts: n/a
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Rolex is also to blame for keeping the SS Daytona supply small, letting them trickle out in tiny numbers when they know they could sell everyone of them, if in regular, say Submariner-type, numbers. But they don't, they perpetuate the myth and the problem. |
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#13 | |
Banned
Join Date: Nov 2005
Posts: 71
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#14 | |
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Posts: n/a
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I think if Daytonas were produced in larger numbers, Rolex would still sell every one of them because there is a demand. However, the market would hit critical mass because chronographs only appeal to a certain percentage of the mechanical watch buying public. The SS Daytona isn't so much a good automatic chrono as it is a display piece to show that you've either waited a long time on a list, or you've personally paid off your AD's mortgage and this is your 'reward'. |
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#15 | |
"TRF" Member
Join Date: Aug 2005
Real Name: Frans ®
Location: Rotterdam
Watch: the sunrise...
Posts: 10,230
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Quote:
![]() ![]() Now I can see the parade of couriers passing by with all kind of end-of-year gifts for members of our Commercial department, the management, etc. All I get (if we are lucky) are mass produced (pre-printed) Christmas cards from suppliers. This is how it works guys, it seems unfair but all these things come with the territory. ![]() The same applies to three star restaurants with huge waiting lists (in my country we have 3 of those restaurants): if you belong to ‘the inner circle’, there’s no problem to get a table. And last but not least: all those TV and movie ‘stars’, famous footballers, ‘happy few’, etc., and not exactly strapped for cash are: a. asked for very lucrative commercials and endorsements, and b: get a lot of the stuff for free! ![]()
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Last edited by Goodwatch; 3 December 2005 at 05:15 AM.. |
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#16 |
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I'm just posting so the highlighted thread you don't see has 'porno' in the title line.
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