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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
10 November 2008, 07:14 AM
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#1 |
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Member
Join Date: Oct 2008
Location: florida
Posts: 62
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AD's backdoor selling to wholesalers and used Dealers
I was at a VERY reputable used dealer in my town.
He sells 8-10 rolex watches a week. Guess how he gets them??? Dealers are required to buy a certain amount of watches every year. They backdoor the overstock to used dealers and wholesalers. He made a call while i was standing there and could buy right then a few z and m serial subs. They offered him a M sub for $3500.00 I saw 3 m serial subs this week at various used dealers in my town. all were "new" but have to be sold as used. Highest priced ss sub was $3900.00 Ad markup is crazy.... |
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10 November 2008, 07:21 AM
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#2 |
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"TRF" Member
Join Date: Jul 2007
Location: Chicago IL
Watch: Platinum DDMasterp
Posts: 1,983
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Men's Platinum Day Date Masterpiece Men's 18k Day Date Crown Collection Men's Franck Muller 18k Conquistador Cortez Men's SS Cartier Pasha MEMBER # 5534  USACHICAGO IL
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10 November 2008, 07:25 AM
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#3 |
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Member
Join Date: Dec 2006
Location: montreal
Posts: 459
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40% off msrp is their cost usually. If they make 15% in wholesale they are good.
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10 November 2008, 07:36 AM
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#4 |
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Member
Join Date: Oct 2008
Real Name: Antonis
Location: Greece
Posts: 87
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Wish I was living in the US!
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10 November 2008, 07:49 AM
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#5 |
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"TRF" Member
Join Date: Oct 2008
Real Name: Jim
Location: Anchorage, Alaska
Watch: Rolex
Posts: 1,188
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I'm in the wrong part of the country for those kind of deals...
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10 November 2008, 07:51 AM
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#6 | |
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Banned
Join Date: Feb 2008
Location: Florida, Canada
Watch: Rol/Seik/Tud/Omega
Posts: 30,244
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Quote:
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10 November 2008, 08:00 AM
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#7 |
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"TRF" Member
Join Date: Apr 2008
Location: .
Posts: 831
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$3500 for a sub!! thats an awesome price!
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10 November 2008, 08:23 AM
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#8 | |
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"TRF" Member
Join Date: Aug 2006
Location: Peterborough
Posts: 9,631
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Quote:
It certainly is |
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10 November 2008, 08:36 AM
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#9 |
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Member
Join Date: Dec 2007
Location: miami
Posts: 673
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Thats one reason why the Daytona is so "rare." They go out the back door before they hit the case. Thats why you can get brand new ones all day long here in Miami.
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10 November 2008, 08:54 AM
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#10 |
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"TRF" Member
Join Date: Mar 2006
Real Name: Dell Deaton
Location: NAWCC Museum!
Watch: Never kiss & tell!
Posts: 883
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Wait just one minute!
It almost seems to me as I read this that Dealers sell watches for more than it costs them to purchase those exact same watches wholesale from the manufacturer.
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10 November 2008, 09:02 AM
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#11 |
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2024 Pledge Member
Join Date: Jun 2008
Location: So Cal, USA
Watch: Not a ONEWatch Man
Posts: 7,383
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Where? where in Florida? I don't see GM dealers making that kind of deal here on TRF or other forums?
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SS Submariner Date "Z" SS SeaDweller "D" SS Submariner "Random" TT Blue Submariner "P" SS GMT-Master ll "M", Pepsi Pam 311, 524, 297 |
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10 November 2008, 09:13 AM
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#12 |
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2024 ROLEX SUBMARINER 41 Pledge Member
Join Date: Aug 2007
Real Name: dan
Location: Pennsylvania
Watch: keystone pocket
Posts: 5,917
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well, for starters, join NAWCC and go to their meets, and you will find plenty of watches at wholesale, in face-to-face deals with reputable people.
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10 November 2008, 09:15 AM
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#13 | |
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2024 Pledge Member
Join Date: Jun 2008
Location: So Cal, USA
Watch: Not a ONEWatch Man
Posts: 7,383
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Quote:
__________________
SS Submariner Date "Z" SS SeaDweller "D" SS Submariner "Random" TT Blue Submariner "P" SS GMT-Master ll "M", Pepsi Pam 311, 524, 297 |
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10 November 2008, 09:48 AM
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#14 |
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"TRF" Member
Join Date: Dec 2007
Real Name: Felly
Location: Washington State
Watch: SS Daytona/GV
Posts: 2,998
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I really don't want to know what's going on at the AD's back door!
 
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10 November 2008, 09:36 PM
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#15 |
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Member
Join Date: Oct 2008
Location: florida
Posts: 62
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lol
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10 November 2008, 10:30 PM
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#16 |
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"TRF" Member
Join Date: Nov 2008
Location: USA
Posts: 472
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All the AD's have been doing this for years. Rolex maintains margins and does not outlet like other makes, some makes outlet for 10-20% of retail that is why Rolex maintains excellent resale value.
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11 November 2008, 12:56 AM
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#17 |
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"TRF" Member
Join Date: May 2008
Real Name: Craig
Location: Chicago
Watch: 116710 - GMTIIC
Posts: 70
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Wouldn't this be very appearant to Rolex by the way the warranties are filed (or not)? I would imagine that they would be able to figure out exactly what was going on and they would frown on that!
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-Craig GMT MASTER II C 116710  
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11 November 2008, 01:04 AM
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#18 | |
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"TRF" Member
Join Date: Jul 2008
Location: USA
Watch: Submariner Date
Posts: 822
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Quote:
I guarantee you that in foreign countries, the market-up is even more.
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 "M" 16610 Submariner "M" 16570w Explorer II |
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11 November 2008, 01:08 AM
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#19 | |
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⭐⭐⭐⭐⭐⭐
2024 SubLV41 Sponsor & Boutique Seller 
Join Date: Sep 2008
Real Name: Oscar
Location: Florida
Watch: Me!!!
Posts: 23,233
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Quote:
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11 November 2008, 02:19 AM
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#20 | |
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Member
Join Date: Jun 2008
Real Name: Boyet
Location: Philippines
Watch: Sub ND
Posts: 268
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Quote:
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11 November 2008, 03:38 AM
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#21 | |
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Member
Join Date: Sep 2008
Location: London
Posts: 689
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Quote:
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