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Old 26 July 2008, 06:25 AM   #23
veilstylez
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Location: so cali
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Quote:
Originally Posted by BigHat View Post
I agree with what you say for the most part. Very reasonable. Concur, there is huge uncertainty in what Rolex CAN or is WILLING to do. That's precisely my objection to these declarative posts citing the assertions of an AD that MUST BE true. We all know Rolex keeps ADs largely in the dark anyway.

Certainly tons of watches from overseas, but I know of a few from Furman acquired must be from ADs in CONUS (two day turnaround on a request for a specific model?). I have never bought a watch from them, but they are local to me and many friends shop there. At the prices they are willing to pay for SS Daytonas now, it almost has to come from an AD, anyone flipping would have to do a private sale to make it worthwhile. I'm also unsure the only 1%buy a SS Daytona to keep, lots of people love them and they are a status symbols. I'm betting on ADs making a bit more the MSRP. If Swiss Luxury will only pay $8K for a GV, they have to be becoming from ADs too. Again, not worth flipping to the GM when you could make more profit sold privately.

I agree, Im not saying all this must "be true" just

The part about SS daytonas to keep....I meant the ones that by for MSRP here keep them, where most sell to make a quick buck. And obviously the ones that buy at premium keep as well.

I dont think Swiss Lux "has" to be getting from a AD is true. The way grey market dealers in Downtown get there watches are a couple of ways. Theres a rolex importer that imports offshore rolex from ADs out side of US and GM dealers will buy them and sell them. Im sure these importers get them from ADs somewhere. 2 day turnaround time is nothing...they can get the watch in 1 day is they wanted to from importers. The other way these GM dealers get watches are from eveyday people. I know many GM dealers here in Downtown LA that buy watches from regular people. I've seen people that just came from Ben Bridge, bring it to Downtown and sell a Daytona for 10.5k to GM. Then the GM resells them for 12k. The GM in Downtown is known for buying watches. Truefully, I sell watches I dont want to these GM guys all the time. ..yeah you might get less but its faster and easier. Plus there are plenty of people that dont know how to sell online or on Ebay. And some that just don't like the hastle of selling privately. Say you pick up a GV list plus tax and pay 7k out the door. Swiss or Allan say they buy them up for 8k. Still 1k profit for the buyer. And Im sure there are ADs selling Daytonas and GV's for premiums to GM dealers like Swiss and allan as well, and GM dealers buy them knowing they can sell them for more. I really dont think it makes sense for ADs to sell premium watches to grey for less.
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