New Rolex watches at ADs 30% off (late again)

[Tombstone]

There are two ADs in my county who have closed their doors due to the bad economy,and poor Rolex sales. Both are closing or have closed within the last two months. Let's face it not too many people are buying Rolex watches now days just us die hards.

Amazing deals the dealer was giving 30% off all Rolex watches left in their inventory. Since the standard Rolex mark up is 40% they would still make 10% and any watch not sold would be sold back to Rolex at factory to dealer cost.

I could have cried when I found out GMT IIC, Milgauss (all three styles), Subs, and Daytonas (only 15% off) were selling for out of this world pricing.

By the time I arrived they only had Datejusts, and one LV Sub remaining. I don't need two L.V.s so I let it go. Just think a NEW not a BNIB L.V. Sub for around $4,327 what a deal.

Does anyone else know of any ADs closing or loosing their right to sell Rolex as Rolex has been pulling dealers as well. I am guessing the problem is nation wide not just here in the western U.S.