Sorry Buddy

[El Patron]

Well a close friend and business partner wanted and a SS white Daytona. In the past I have managed these things, ( way in the past). I told him it was not possible, it would take way to much money and time. So then I told him just to go grey. He said he don’t have problem going grey but simply can’t afford to spend 35k on a 14k watch. He simply does not have that type of disposable income. So I thought about this for awhile. I do know a AD that will sell a SS white Daytona, and they are very blunt on what you have to buy in order to get one. You basically have to spend around 30k on other items, then you have the privilege of buying said watch. Now I don’t agree with this, as I never been force to buy to get what I want. I do spend money on my regular AD and have a great relationship with them too, but as we all know, you simply can’t bring all your buddies to the table. So here is the deal.

Buy 4 Tudor’s priced around +\- 5K GMT, 58, chrono whatever they have in stock,
Buy 1 JLC ( they do have moon face reverso in stock blue/white) 12k ish

Receive a SS White Daytona plus a no date black sub.

The plan is charge everything and sell off the Tudor’s at a loss, (around $1300 each loss) as well as the reverso and probably make a little something on the sub,
Then pay off his CC. I know some here may think this is taboo or whatever, but how is a regular working stiff supposed to acquire a 14k watch . This will be his one and only watch in his lifetime. So drastic times call for drastic measures.


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[HelloMelo]

Originally Posted by El Patron

Well a close friend and business partner wanted and a SS white Daytona. In the past I have managed these things, ( way in the past). I told him it was not possible, it would take way to much money and time. So then I told him just to go grey. He said he don’t have problem going grey but simply can’t afford to spend 35k on a 14k watch. He simply does not have that type of disposable income. So I thought about this for awhile. I do know a AD that will sell a SS white Daytona, and they are very blunt on what you have to buy in order to get one. You basically have to spend around 30k on other items, then you have the privilege of buying said watch. Now I don’t agree with this, as I never been force to buy to get what I want. I do spend money on my regular AD and have a great relationship with them too, but as we all know, you simply can’t bring all your buddies to the table. So here is the deal.

Buy 4 Tudor’s priced around +\- 5K GMT, 58, chrono whatever they have in stock,
Buy 1 JLC ( they do have moon face reverso in stock blue/white) 12k ish

Receive a SS White Daytona plus a no date black sub.

The plan is charge everything and sell off the Tudor’s at a loss, (around $1300 each loss) as well as the reverso and probably make a little something on the sub,
Then pay off his CC. I know some here may think this is taboo or whatever, but how is a regular working stiff supposed to acquire a 14k watch . This will be his one and only watch in his lifetime. So drastic times call for drastic measures.


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I don’t even know what to say to this lol


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[*M5]

I would do it. I wish more dealers were so up front. Seriously.

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[HideMyWalletPlease]

Honestly, that’s the most upfront and clear a dealer can be and not that bad. Some people spend may more and get nothing. Most ADs will not be so clear and pretend that they are above such practices because they are worried about saying this to a blabber mouth.

I will also add that the Daytona is a great watch but maybe not worh the market price, to me.

[Mystro]

Get in in writing or you are out $30k in junk jewelry you didnt want.

[HelloMelo]

Originally Posted by Mystro

Get in in writing or you are out $30k in junk jewelry you didnt want.

My guess is that they’ll give it to him all together


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[TimepieceRPP]

I would go for the deal if your AD does guarantee that a SS daytona plus sub. Guess u can make some profit.

Where it is, I am on it, haha.

It is sad to hear that indeed but this is what we have to deal with in such crazy market.

[Beto737]

I think it’s a decent plan. I’m surprised that it would only take $30k to get you into a white dial 116500LN and a Submariner! In my neck of the woods that would only yield a regular black submariner if you’re lucky.

In my market you’d be looking at at least $100k to get on a SAs real list of interested buyers. However, it’s still a relatively small amount compared to the Orca whales we have around here. Thus, you could be waiting for many years. How many? Nobody really knows.

[Ricky Rolex]

Originally Posted by El Patron

Well a close friend and business partner wanted and a SS white Daytona. In the past I have managed these things, ( way in the past). I told him it was not possible, it would take way to much money and time. So then I told him just to go grey. He said he don’t have problem going grey but simply can’t afford to spend 35k on a 14k watch. He simply does not have that type of disposable income. So I thought about this for awhile. I do know a AD that will sell a SS white Daytona, and they are very blunt on what you have to buy in order to get one. You basically have to spend around 30k on other items, then you have the privilege of buying said watch. Now I don’t agree with this, as I never been force to buy to get what I want. I do spend money on my regular AD and have a great relationship with them too, but as we all know, you simply can’t bring all your buddies to the table. So here is the deal.

Buy 4 Tudor’s priced around +\- 5K GMT, 58, chrono whatever they have in stock,
Buy 1 JLC ( they do have moon face reverso in stock blue/white) 12k ish

Receive a SS White Daytona plus a no date black sub.

The plan is charge everything and sell off the Tudor’s at a loss, (around $1300 each loss) as well as the reverso and probably make a little something on the sub,
Then pay off his CC. I know some here may think this is taboo or whatever, but how is a regular working stiff supposed to acquire a 14k watch . This will be his one and only watch in his lifetime. So drastic times call for drastic measures.


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How about buy them all then return the Tudors. Completely entitled to a refund

[TimepieceRPP]

Originally Posted by *m5

i would do it. I wish more dealers were so up front. Seriously.

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+1

[rolexperfect]

Originally Posted by TimepieceRPP

+1

+100. Wish dealers were like this. But i understand you have this level of trust with them because of your previous relationship with the AD. Good on you. And yes. Would 100% do that deal.


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[Fleetlord]

I don't understand why the AD would do this?

White Daytona is a bigger draw than that...

[owl.]

That's not a bad deal considering current market prices.

However, I don't know if I would do all that on a credit card.

What if he is stuck with some debt he can't pay?

Then the interest can turn that into more and more debt.

All for a watch.

If he had the cash, maybe.

[Fleetlord]

Originally Posted by Ricky Rolex

How about buy them all then return the Tudors. Completely entitled to a refund

That's why this alleged Daytona wouldn't show up until well after the return policy

[El Patron]

Originally Posted by HelloMelo

My guess is that they’ll give it to him all together


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Yes, all in one swoop


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[El Patron]

Originally Posted by Ricky Rolex

How about buy them all then return the Tudors. Completely entitled to a refund

That would be funny!


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[*M5]

Why would he bite the hand and return the Tudors. Deal is crisp!

Even if he takes a bath on the second hand market with the Tudors and the Reverso, it's still a steal for the Daytona.

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[*M5]

In the very least you actually HAVE 30K worth of watches as opposed to going grey and just giving 20-30K to someone else.

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[prnceofpersia23]

The deal is not so bad and it is a positive that the dealer is up front with what they want, but that is a lot of work for a watch. There are plenty of grey market options for Rolex in the $10-20K price range.

[El Patron]

Originally Posted by *M5

In the very least you actually HAVE 30K worth of watches as opposed to going grey and just giving 20-30K to someone else.

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This was my thinking. I was not aware that folks are spending way more then this just to get a White Daytona. Also, this AD is not in the US, so to top it off, you fill out the form on Duty free and they refund the tax


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[*M5]

I'm in Canada and msrp for Daytona is 15,500$. Grey..... 50,000$....

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[Oysterprince777]

I’d do that deal today

[Cigars&Watches]

I’m very surprised it would only take 30k and a sub on top of that… sign me up

[JC316]

Wow! Honestly doesn't sound like a bad plan if he really, really wants the watch...

Kind of similar to what an Omega dealer told me today. Buy 50k worth of watches and I'm eligible to be put on a list for a Snoopy. I honestly felt the Snoopy was a very real possibilty. But my better half gave me the death stare as she realized I was considering the proposition. So I did what any smart man would. I thanked the dealer for his time and walked out.

Your deal sounds way better! Guaranteed Daytona! Let's go!

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[garyk]

So sad we have to scheme to get a nice watch these days!!!

[TunaTuna]

Holy shyt! Wish I had clients like you

[JEdwardK]

Originally Posted by El Patron

You basically have to spend around 30k on other items, then you have the privilege of buying said watch. Now I don’t agree with this, as I never been force to buy to get what I want. I do spend money on my regular AD and have a great relationship with them too, but as we all know, you simply can’t bring all your buddies to the table. So here is the deal.

Buy 4 Tudor’s priced around +\- 5K GMT, 58, chrono whatever they have in stock,
Buy 1 JLC ( they do have moon face reverso in stock blue/white) 12k ish

Receive a SS White Daytona plus a no date black sub.

considering today's market condition for the Daytona, this is actually pretty reasonable deal

i guess in the end the friend may be in for about $25k for the daytona if the rest of the watches can be sold?

[TimepieceRPP]

Originally Posted by El Patron

This was my thinking. I was not aware that folks are spending way more then this just to get a White Daytona. Also, this AD is not in the US, so to top it off, you fill out the form on Duty free and they refund the tax


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Oh... that would be another story.

But I still think it is a good deal if it is an AD.

[Jack T]

To me, this is nuts, way too much trouble. Not to be harsh, but in today's environment, maybe a nice $14,000 Rolex isn't in the cards for a regular working stiff.

[slus]

That's not the worst I've heard, at least it's not 30k in jewelry he doesn't want. Kinda throws the whole "ADs don't like flippers" thing out the window if they are point blank offering this kind of situation, I'm not sure what else they would expect someone to do.

P.S. He should keep a Tudor