Quote:
Originally Posted by dmash
The ONLY reason the grey market can charge a premium is because of the wait. There is no markup if the wait time is always less than a few weeks at an AD. Literally, zero market....they wouldn’t even have a market at MSRP if that were the case. Grey has to offer something AD doesn’t, whether it’s cheaper price or no wait one.. Greys will lose a fortune with many probably going under if this continues to play out.
Just make it simple, who would ever pay $14k for a watch they can get from an authorized dealer for $10k? I’ll tell you, nobody.
Greys invested heavily and future is looking bleak for them, just a fact.
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I know this is a Rolex forum, but let's remember that there is a substantial portion of the grey market that deals in new watches below MSRP already.
Like you said, they only get business if they have better inventory or LOWER PRICES. We might lose a few grey dealers in this recession; but the ones with diversified inventory, low overhead, or access to capital will survive.