AD Deposit question

[Rado63]

The most un normal thing is that if you want an explorer and I am guessing 214270 and it's taken over a year for the AD to get one. For me this indicates this AD is slowly losing AD status and isn't getting inventory. Obviously they have your name and number and could have contacted you sooner than this. Up to you to make a deposit but the secondary market or another AD is where would I would go.

[LeftHookLacey]

I've asked 5 local ADs if I could put a deposit or pay outright for an Explorer. None will accept.

[HiDive]

What for? I have never even been asked for a deposit on any of the several dozen high end watches that I have bought from six or seven different dealers. Although I may have put a deposit on a new Sinn model coming out from watchbuys, but it was only a matter of weeks until I received the watch. Considering how Rolex is in such short supply why do they need a deposit? If you don't take it when it comes in someone else on the list certainly will. This is BS. Ask when it will be available and if it is guaranteed short term then maybe but if there is no commitment to a delivery schedule then I would tell them to shove off.

[Cabinetman]

Originally Posted by shaunylw

you have been waiting a year for an explorer? I would start talking with a different AD, thats too long for an explorer. I wouldn't have confidence this AD is getting you a watch. If they haven't had one, and there is a list, how many years is it going to take? You could probably find one for less than 1k over retail and have it by the weekend. Or, potentially have one within a few months with another AD. I would start visiting other shops.

This was my thought as well. I ordered an Explorer from my AD at the end of June and received the watch last month. The total wait time was about 45 days. I do have some purchase history, but nothing high end.

[eec007]

An AD I visited last week outrightly told me that they haven't seen an Explorer II (in either white or black) come in since beginning of the year. Not sure if that is the same for an Explorer.

[214270Explorer]

There have been a couple of stories where deposits never led to a watch.

Meanwhile they are making interest from your funds.

Your choice to take a chance.

[irate.alien]

Originally Posted by Fleetlord

I have always felt that AD that ask for deposits might have cash flow issues and might not be around to follow through. Just my opinion...

I agree with this. Without a firm commitment to deliver specific merchandise on a specific date (in writing or with a deeply trusted handshake) this is an interest free loan, not a deposit, in my opinion. (And this is also why I will not be getting to buy a Rolex at MSRP from an AD any time soon.)

[donas]

When I recently inquired at a local AD I was asked if I was willing to put down a deposit and if so how much. I said I'd pay 100% up front if given a reasonable time frame of when I would receive the watch. I followed that statement up with, "I'm not willing to blindly put a deposit down". I then asked if they wanted me to put a deposit down and was told no. LOL, that kind of summed it up for me.

[Bcain24]

Certain watches AD's are allowed to take deposits down because they can have their supplier order it, but it's usually nothing too exciting like datejusts and ops