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View Poll Results: Will AP lift resale restrictions? | |||
YES | 46 | 29.11% | |
NO | 112 | 70.89% | |
Voters: 158. You may not vote on this poll |
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19 June 2024, 02:56 AM | #31 |
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My friend sold two of his watches, a royal oak chrono and a steel code, that he bought last year. They found out within like three weeks and he got a call from his guy and told him they were not happy- he is not supposed to sell them within the first two years. He told them Ferrari made him sign something to that effect and AP did not- the call did not go well.
Anyway.. just one data point. Sent from my iPhone using Tapatalk |
19 June 2024, 02:59 AM | #32 | |
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Quote:
They say what the ramifications were? Sent from my iPhone using Tapatalk |
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19 June 2024, 04:17 AM | #33 | |
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I'm sure you'll find out by the lack of calls for available pieces or pieces he registered "his interest" for what the ramifications are... Don't call us, we'll call you. Of course THAT call shall never come |
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19 June 2024, 04:23 AM | #34 |
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To ease restrictions, AP will first have to be able to sell the watches they make...
I think the climate has changed for majority of the pieces from that brand and they would be silly to care anymore.
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19 June 2024, 07:37 AM | #35 |
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Not sure how they can justify doing official videos with one of the biggest grey market dealers going if they don't want people to sell their watches.
Their comms and messages are all over the place. https://www.youtube.com/watch?v=00BREVuJAIo |
19 June 2024, 09:57 AM | #36 | |
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Quote:
Maybe AP is trying to work with gray dealers to understand the dynamics in the secondary markets to launch its own used program that Francois hinted at a few years ago (?) |
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19 June 2024, 02:21 PM | #37 | |
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Not a fan of him so I found this choice very strange. Leonard does have a lot of followers thought.... |
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19 June 2024, 04:27 PM | #38 |
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To lift restrictions, AP needs to be able to sell the watches they produce first. I believe the market situation has changed for most of those brand pieces, making it unnecessary for them to worry anymore
Sent from my iPad using Tapatalk |
19 June 2024, 04:40 PM | #39 | |
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Quote:
I don’t think it’s that deep. I just don’t think there is anyone at AP that has a clear vision. It seems to me some executives get together and decide whatever hot celeb / fashion designer collab is next. Same goes for this video - probably thought watch Nico has some cloud so they did a video. Boutiques may or may not be corporate owned and kinda do whatever they want. Sent from my iPhone using Tapatalk |
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19 June 2024, 04:40 PM | #40 |
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Nico has room temp IQ at best.
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20 June 2024, 06:55 AM | #41 |
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21 June 2024, 07:16 AM | #42 |
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21 June 2024, 10:31 AM | #43 | |
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Quote:
He spent at least $200k there. The odd thing, to me at least, was the grey dealer he sold them to is the one who registered them which I don’t really get but whatever. Sent from my iPhone using Tapatalk |
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21 June 2024, 06:16 PM | #44 | |
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Quote:
Grey will register it to double check validity and make sure everything checks out (even if they viewed screenshot of the registration and I login infront of them). Anyway once you sold you have no more control and they can do whatever they want. |
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21 June 2024, 08:12 PM | #45 | |
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Curious how long you waited before selling. And how did the conversation go when AP reached out to you? Sent from my iPhone using Tapatalk |
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21 June 2024, 08:37 PM | #46 |
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I sold my 26315 after 2 years of regular wear because I couldn’t get anything else from boutique nevermind even a return text. Will just pick up a jumbo grey eventually as thats all I want anyway. AP is going to have to do some serious rethinking of their strategy because I know I am not the only one who will refuse to go there anymore
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23 June 2024, 01:41 AM | #47 |
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Unsure about this. Where do they think all the 11.59s end up that people are forced to buy in order to eventually get a watch that they do want?! Im not planning to sell my RO but I don't think that concerns anyone but the owner.
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25 June 2024, 10:10 AM | #48 | |
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Quote:
They don’t care where they end up. They are just happy they can push these overpriced ’s on people who hope to get one of their sought after pieces. Since Francois left, seems like a real sh!t show - a bunch of DEI hires with zero knowledge of watches and zero concern for clients who existed long before they were hired. Sent from my iPhone using Tapatalk |
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29 June 2024, 04:27 AM | #49 | |
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Outch. Probably not unfounded criticism. |
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29 June 2024, 04:58 AM | #50 | |
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Quote:
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1 July 2024, 05:27 PM | #51 | |
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Quote:
AP never reached out to me as my SA has left, and new SA kinda ignored me, so that made my decision to sell easier. I just assumed I am blacklisted but don't really know as I think no one really looks at my profile haha |
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1 July 2024, 10:30 PM | #52 |
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Guys. one info is very important the SA doesnt get his full bonus if he decided to sell to someone who resold a piece !
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2 July 2024, 12:49 AM | #53 |
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2 July 2024, 03:26 AM | #54 |
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2 July 2024, 09:53 PM | #55 |
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Is this SA bonus (if clients don't resell) a real thing?
Was this SA from a boutique to AP house? |
3 July 2024, 01:19 AM | #56 | |
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Quote:
I guess it could only happen if a watch was sold fairly quickly, unless . . . . . Manager: Dave, you know that code you sold to Colin 3 years ago? Dave the SA: yes boss I remember. Manager: well the dudes flipped it, we’re recalling your bonus! |
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3 July 2024, 03:49 AM | #57 |
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Not gonna lie - it’s pretty frustrating they take a hard stance on these shitty Codes and Offshores but I’m starting to see flipped John Mayer perpetual and have already seen flips of the new Skeletons getting offered….
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3 July 2024, 06:09 AM | #58 | |
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Good lord that's true. Checking it out to see what they're looking for. Tbh I'm not sure they can really maintain the restrictions - first ROO now for less than $30k US based and it's a ceramic bezel one, and that's on Chrono... Still amazed how much the AP market has just been taken an absolute beating in the last couple of months |
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3 July 2024, 06:32 AM | #59 | |
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Quote:
It’s hard to swim upstream (against the current of falling prices) but there is a range of outcomes that will be dictated on some key decisions the company has to make.
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3 July 2024, 11:08 AM | #60 |
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I think the only way out is to decrease production across the line up for AP. Reducing prices can have consequences that might be hard to recover from. I agree with the sentiment that they missed the mark on CODE pricing. It was definitely a missed opportunity.
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