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29 July 2011, 06:49 AM | #1 |
"TRF" Member
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Real Name: Kemal
Location: Sweden
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Discount?
Hi again guys.
So i went to the AD here in Sweden and decided to get the Submariner C. The thing is that I will buy this watch with a good friend who also is going to buy the daytona rose gold. As you understand we will spend a lot of money at this AD. How much discount should we get??? //Kemal |
29 July 2011, 06:56 AM | #2 |
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Hard to say. Not to sound overly sarcastic, but you should expect exactly whatever discount the AD is offering. That will be a negotiation between you and them. Good luck and let us know how it turns out!
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29 July 2011, 07:17 AM | #3 | |
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Quote:
There really are a lot of things that go into determining what kind of a discount you are able to get. Do your best and see what you can get.
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29 July 2011, 07:19 AM | #4 |
2024 ROLEX SUBMARINER 41 Pledge Member
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Real Name: David Farkas
Location: Los Angeles
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daytona=20%
sub-c =15%
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29 July 2011, 08:02 AM | #5 |
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I have seen 30% on Gold Daytonas and 10-15% on stainless sport models
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29 July 2011, 08:31 AM | #6 |
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I've seen ZERO discounts here in FL on Sub C's, the AD's here might have one in stock, if any, and they know it'll sell full price. If 15% discounts were common from AD's, why would people be flocking to trusted sellers here who are only doing 8-10% on Sub C's?
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29 July 2011, 08:32 AM | #7 |
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Discount depends on many, many factors.
Hard to say without knowing your Ads business situation. |
29 July 2011, 08:52 AM | #8 |
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Real Name: Alvin
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Hope you'll get a good discount.
The best thing my AD can do for me is a free cup of instant coffee & a Kirkland bottle water.
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29 July 2011, 08:56 AM | #9 | |
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I recommend you call around or visit other AD's and dealers and see what discount, if any, you can secure so you know what you should pay. If this AD is who you want to ultimately do business with and they can not match the best price you have found elsewhere from a reliable source, then you have a decision to make.
Good luck and let us know how it goes. Quote:
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29 July 2011, 09:02 AM | #10 |
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The country makes a big difference too. US appears to be more liberal with discounts.
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29 July 2011, 09:02 AM | #11 | |
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Quote:
A better deal can ALWAYS be had it just depends on how much effort it is worth to someone. Someone purchasing a Rolex is typically not that interested in saving $500 more by shopping every trusted seller and AD in town IMHO
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29 July 2011, 09:14 AM | #12 | |
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Quote:
Great example I had one trusted seller here offer me $1k less than another one. Went to AD and they beat both--so yes it's worth it. O |
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29 July 2011, 09:21 AM | #13 |
2024 ROLEX SUBMARINER 41 Pledge Member
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Welcome to the TRF!
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29 July 2011, 09:56 AM | #14 |
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29 July 2011, 10:57 AM | #15 | |
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Quote:
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29 July 2011, 11:03 AM | #16 | |
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Quote:
Secondly, I believe it to be a supply issue. There are just not the quantity flowing into the USA that there used to be. Simple supply and demand as the US economy has continued to slow Rolex is shipping to different parts of the world where the demand is there... Look at it this way, lets take the 116610LV, if a particular AD receives 2 of them and your a GREAT customer, perhaps they give you a discount but not much because they know they can and will sell it at list to the next guy. Why give away 20-30% of their profit when they have no idea when the next shipment is coming in? Where as before they were coming in right and left and they were not concerned... I was not saying you or I cannot negotiate but more of just a general statement that many folks buying a 7-???k watch are not that concerned with a few hundred bucks and going to shop the hell out of it like my mortgage clients do... Thats all, just a guess. For me, I will shop a bit and save some $$$ a few hundred bucks is a few hundred bucks but for me I like the game (negotiating that is) There are still discounts to be had but I think it now depends more than ever the relationship you have or dont have with a certain AD.
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30 July 2011, 12:03 AM | #17 |
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Real Name: Kemal
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Allright, Ill do my best with the negotiation. Hope for the best:)
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30 July 2011, 12:48 AM | #18 | |
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Quote:
But when I went to another AD couple weeks ago, they did not want to give me any discount. I guess how much discount you can get all depends on which AD you choose. |
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30 July 2011, 01:27 AM | #19 |
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All depends in AD AND location AND past purchase history, yada, yada...
Ergo no such thing as an "average" or "expected" discount. Most discount stories on popular stainless steel watches are fish stories...IMO. |
30 July 2011, 02:47 AM | #20 |
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I heard from,m my ad rolex is very strict now, they are contolling all discount rate. Anyway good luck with your negotiation. Cheers! .. Jennifer
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30 July 2011, 02:51 AM | #21 |
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Stay away from Mayors in Florida for a discount as they don't discount at all, and have terrible Rolex educated employees. They sure do have an awesome Rolex boutique on the second floor of the Mall at Mellenia though--Mayors is a full charge no discount AD in FL
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30 July 2011, 06:14 AM | #22 |
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Don't forget to factor in tax if buying from the local AD, sometimes, that will wipe out the discount!
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30 July 2011, 08:54 AM | #23 | |
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Quote:
In south Florida there are no discounts on SS sport models. Just finding one is hard enough.
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30 July 2011, 11:38 AM | #24 |
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I would do the same for a BNIB watch. That being said I often purchase pre owned or discontinued models so I choose to work with trusted sellers right here on TRF
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30 July 2011, 12:06 PM | #25 |
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Real Name: Jinder
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My AD gave me a 25% discount on my GMT TT
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30 July 2011, 12:34 PM | #26 |
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Even now? As far as here in Asia market since earlier this month, rolex has tighten the rule and regulation. Eg. Each every watch sold, it is compusory for the ad the fill up a form and photocopy the warranty card, and the sales documents to be faxed to rolex for reference within 24hr so to activate the warranty. Discount has been controlled. No more than 10% if I remember correctly. It seems like it is still relax in the states.. Maybe I should buy from overseas.
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30 July 2011, 12:41 PM | #27 |
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It all depends on the AD. My AD will not offer a discount unless he knows you. My AD gives me an automatic 25% off SS and TT and 30% off gold pieces. However, I have purchased 15 watches from him over the past 12 years. However, last year I referred a friend to him who was looking for a GMT, and he would not even talk discount with him, telling him that Rolex doesn't allow discounts. When I went back him the following week, he got a 15% discount.
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30 July 2011, 12:47 PM | #28 |
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here in Ontario Canada, 2 ADs where giving me great discounts. My local AD really went the extra mile for me and gave me a unreal 25%. List. Here is $12,080, my price after sales tax was $10,000 ($9,000 before tax). The dealer said that's the lowest price he gave for that watch...my father bought one too making it worthwhile for him. I really believe he gave me a once in a lifetime price, we sort of became friends over the last few years.
I get my watch in just a few weeks, I haven't paid for it yet but the deal is made. |
30 July 2011, 01:04 PM | #29 |
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I think it depends on many factors, including: the scarcity / availability of the model; how much competition the AD has in their area, how hungry the AD is (and how many watches they've sold that day/week/month) and how hard you're prepared to negotiate.
Have fun |
30 July 2011, 03:55 PM | #30 | |
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Quote:
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