Thread: Bob's Watches
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Old 21 April 2016, 02:14 PM   #19
bdex75
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Join Date: Jul 2011
Real Name: Brandon
Location: Indianapolis
Watch: my money vanish
Posts: 8,505
Bob's Watches

Quote:
Originally Posted by Ritch99 View Post
Thats their MO, they rip people off and then jack the price up when they sell it. Don't get me wrong, I get it...thats how they make their living...but thats ridiculous.

They once were so gracious to offer me 3k for a 10,000 5512, I laughted and told them to pound sand. It sold on TRF for over 10k.

Most watch dalers are like that. They give next to nothing for a trade in and then end up making a great profit on not only your watch, but the watch they trade to you. It just boils down to greed.

That there is a royal screw. I too get it that everyone needs to make money and that they are no exception. And when they said $1900 I assumed that they would get it at that, spend a few bucks to get it perfect and re-sell at $3000 like the ones on their site for sale. In at about $2100-$2200, sell for $2900-$3000, that is a good margin, 40%. I was in management in the car business and retail management for years so I understand fully the buy at wholesale sell at retail concept but sheesh.

Bob's did say it was still running right about Rolex standards. Not sure if it was the +/-2 or the old standard but I will find out.


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