What are general AD practices now to keep you from flipping?

[APPRF]

The AD I deal with is asking grey market prices, or even over for the popular Rolex models. That's a new strategy for you. It doesn't matter if he suspects you are a flipper or a genuin customer, he's asking Grey Market prices. Are ADs allowed to do that?

[Rockefeller]

Originally Posted by Jackawoo

This just happened to me. Bought a Stainless Steel Daytona Black dial, the authorized dealer let me keep the box, papers ,hang tags and warranty card and they pulled the stickers off in front of me and then let me know I could come back in 6 months for the watch to make sure I wasn't going to flip it. I paid in full, cash.

If this story is true and the similar one about holding back the bracelet then the AD has serious doubts about this client and a very weak relationship to say the least.

[APPRF]

Some AD's know they sell to flippers no problem, they just give them 5-10% to work with. they ask just under market value from flippers and greys. On models that they suspect are even going higher they may even ask for above market value. Also they may do that if they know your not a flipper, but really want the watch.

[lkmacke1989]

Was offered a Daytona C today under the condition that they engrave my name on the caseback... I countered with them keeping the box & papers to no avail.

I walked... and will be looking for a new AD this week.

[icnbne]

Originally Posted by lkmacke1989

Was offered a Daytona C today under the condition that they engrave my name on the caseback... I countered with them keeping the box & papers to no avail.

I walked... and will be looking for a new AD this week.

Can always get a new caseback from rsc.. theyre not too expensive

[Quamby]

Most Hongkong ADs stopped the practice by doing the flipping themselves. I'm not kidding.

[Quamby]

Originally Posted by lkmacke1989

Was offered a Daytona C today under the condition that they engrave my name on the caseback... I countered with them keeping the box & papers to no avail.

I walked... and will be looking for a new AD this week.

Should have gone ahead and engraved "DRIVE CAREFULLY - ME"

:))))

[Verdi]

Originally Posted by APPRF

The AD I deal with is asking grey market prices, or even over for the popular Rolex models. That's a new strategy for you. It doesn't matter if he suspects you are a flipper or a genuin customer, he's asking Grey Market prices. Are ADs allowed to do that?

No

[lkmacke1989]

Originally Posted by icnbne

Can always get a new caseback from rsc.. theyre not too expensive

Yes but that's not the point. An established relationship should be enough to justify not enforcing these ridiculous requirements.

Originally Posted by Quamby

Should have gone ahead and engraved "DRIVE CAREFULLY - ME"

:))))

Great idea - but it was full name or no watch.

[icnbne]

Originally Posted by lkmacke1989

Yes but that's not the point. An established relationship should be enough to justify not enforcing these ridiculous requirements.



Great idea - but it was full name or no watch.

Nope, i go to deaers with my logic head on, not emotional.
Not looking to make new mates there

[ADB85]

No general practice but I know my AD checks these forums, and I'm pretty sure that if they saw a hot model for sale that they had sold recently you wouldn't be getting anything good anytime soon!

It's a pretty good stick and carrot to not flip hot models quickly, especially in the UK.

[Verdi]

When I recently bought my Explorer from the AD, he made me write my name on the card (I was given a blank card on a previous purchase a few years ago) and some of the stickers were removed.
This was ok with me as I dislike flippers and grey dealers. Because of them I cannot get whatever model I want at msrp.

Having said that I would not like to have the AD keep the warranty card. That it is not right, Rolex should find a better way of dealing with this!

[boogiebot]

I have never had an AD tell me what I could do with any of my Rolex watches.


Sent from my iPhone using Tapatalk

[Soultime]

'Q. What are general AD practices now to keep you from flipping '

A. The most succesful thing that is working for the dealers in my case, is not having any watches to sell to me.

It's very effective.

[nuts070]

I was asked by my HK AD to keep the watch and not sell it immediately at the greys there or they will not sell me some more SS pieces. To show my good faith, I left the box for my third piece.

[Quamby]

Originally Posted by nuts070

I was asked by my HK AD to keep the watch and not sell it immediately at the greys there or they will not sell me some more SS pieces. To show my good faith, I left the box for my third piece.

Great, rolex boxes now sell for about HK$1500 at greys and on Facebook.

[ttman333]

Bought new SD43 from AD. Bracelet sized, most stickers removed and given copy of warranty card. They'll keep the original for a year.

Not a problem for me as not a flipper but I can understand why some are frustrated.

[corrosivescale]

Originally Posted by ADB85

No general practice but I know my AD checks these forums, and I'm pretty sure that if they saw a hot model for sale that they had sold recently you wouldn't be getting anything good anytime soon!

It's a pretty good stick and carrot to not flip hot models quickly, especially in the UK.

How would an AD know that a watch was being sold by one of their clients vs some other person? Short of actually buying it themselves and verifying the S/N I can’t see how that would be effective.

[gsg]

Originally Posted by Jackawoo

But who's gonna have a incoming Daytona for Christmas? This guy, 🤜🤛👍👍

I thought you were joking...

[wlchuccc]

they just dont sell me any SS pieces lol

[Solo118]

Originally Posted by ttman333

Bought new SD43 from AD. Bracelet sized, most stickers removed and given copy of warranty card. They'll keep the original for a year.

Not a problem for me as not a flipper but I can understand why some are frustrated.

Not the case in the states. My latest purchase I kept everything but the coffin (forgot to ask for it, but they would have given it to me) They did remove stickers, because why the hell would I want to sit and do that at home.

[nuts070]

Originally Posted by Quamby

Great, rolex boxes now sell for about HK$1500 at greys and on Facebook.

I just left it for safekeeping, I will return for it in August.

[sechsgang]

Originally Posted by lkmacke1989

Yes but that's not the point. An established relationship should be enough to justify not enforcing these ridiculous requirements.



Great idea - but it was full name or no watch.

If you're not flipping it...why would it matter. I'd TOTALLY be ok with that...

[Calatrava r]

Most ADs will gladly buy back any watch they sold. Happens all the time in this market. Rather than flip to an unknown if the watch is not for you, just does not work, take it back to your AD and trade for something else. Funny how well things work when everyone is on the same page and upfront.

[Calatrava r]

Originally Posted by lkmacke1989

Was offered a Daytona C today under the condition that they engrave my name on the caseback... I countered with them keeping the box & papers to no avail.

I walked... and will be looking for a new AD this week.

I would have done that deal. I would just keep the watch and enjoy it and not even worry about scratches. I wish more ADs would do that. I bought a RO in solid gold in the 1980's from Tiffany's and the very nice salesman offered free engraving which I did and thought how neat is this.

[whuang29]

MY AD told me. Just make sure you don't sell the watch to others. So I put it on my wrist