Pricing from AD

[liuk3]

Just wondering, if shopping for a watch with a V serial number today, should the retail price charged at the AD reflect any discount since the watch is already 3 years old?

[imono]

You are assuming all V serials are 3 years old.
That is a gravely wrong assumption.
Show us where it is written V serials are 3 Years old.

Day Dates and precious metals Rolex watches could have been flown in from Geneva last week and now on display at your AD with V serials.

[chicfarmer1]

The V series is still being sold currently and not old stock, and AD's don't discount purely on the basis of the letter code.

I bought a brand-new, never put in a case watch with a V earlier this year.

[liuk3]

I guess I was wondering about the watch I just purchased for my wife. She's elated with it so it doesn't really matter, but I thought the V serials meant manufactured in 2008? I was wondering whether it would have been a point for negotiation or I got duped. I'm learning a lot from this forum. Thanks.

[Art 1]

Originally Posted by liuk3

Just wondering, if shopping for a watch with a V serial number today, should the retail price charged at the AD reflect any discount since the watch is already 3 years old?

No.

[chicfarmer1]

Hey, no worries. You don't have to drive yourself nuts on that purchase. She's happy, all is well! Post a pic so we can all enjoy.

[liuk3]

Originally Posted by chicfarmer1

Hey, no worries. You don't have to drive yourself nuts on that purchase. She's happy, all is well! Post a pic so we can all enjoy.

Yes, she's really happy, and that certainly is the most important point. She never thought she would own a rolex.

BTW, this forum saved me a bunch of money as I didn't know that you could even negotiate a discount at an AD. I walked into the store the first time and was about to buy it on the spot at full retail price. Instead, I went home, read this forum, went back and saved a bunch of money. This forum really helped me. Thanks!

[Speed]

< Groan >

[Chipmunk]

Congrats. We like to pics here.

[gwozhog]

If you have a V serial and you are concerned check the three letter code on your bracelett. That will give you a better idea too.

[77T]

Originally Posted by liuk3

Just wondering, if shopping for a watch with a V serial number today, should the retail price charged at the AD reflect any discount since the watch is already 3 years old?

As others have said, new is new. Even if the original manufactured date was 2008, it is still new.

But there is an age issue that can motivate an AD to discount one watch more than another. It's the amount of time the item has been in inventory - and the AD's opinion of how much longer he may have it.

Each year he pays tax on the inventory, it may not be popular in his marketspace, it might bother him to keep showing it and not selling it. All things worth knowing. Making regular monthly visits to a few dealers is worth the time when you're looking to buy (if you really must use an AD). Then you might be able to negotiate a better deal.

Of course I can tell you how to get up to 30-40% off a 3 y.o. Rolex...go to the TRF classifieds! Pre-loved is just as good as a "new" 3 y.o. watch

[nch209]

I have a slightly different take on this. Sure, a new watch is a new watch, and it may be the case that a particular watch was just flown over the pond and happens to be a V, or maybe didn't sell as it wasn't popular- I get that. However, when I see/hear of popular sport models being sold with "old" letters, I question the dealer as to why? Did the watch not sell, or was it behind held in the safe for a special customer, or was it being held for reasons of greed? I know the later doesn't happen, but it does occur. New is new, but greed can be greed as well...

[chicfarmer1]

Originally Posted by nch209

Did the watch not sell, or was it behind held in the safe for a special customer, or was it being held for reasons of greed?.... New is new, but greed can be greed as well...

I don't follow. The way for an AD to make money is to sell, not hoard. If you mean holding back stock and waiting for retail prices to change, the benefit would be offset by insuring those goods and the new higher cost of replacing that inventory.

More likely is the simple fact that some watches sell slower, as is well known. But this is not relevant to a V purchase: it's simply part of new Rolex inventory, along with other letter/random designations.

[MortgageGuy]

Well question is answered I guess... Glad to hear that your wife is loving her new watch and I also would love to see some pics Welcome to TRF too

[nch209]

Originally Posted by chicfarmer1

I don't follow. The way for an AD to make money is to sell, not hoard. If you mean holding back stock and waiting for retail prices to change, the benefit would be offset by insuring those goods and the new higher cost of replacing that inventory.

More likely is the simple fact that some watches sell slower, as is well known. But this is not relevant to a V purchase: it's simply part of new Rolex inventory, along with other letter/random designations.

More specifically, when you see something like an F, D, Z, M Daytona (SS) sell from an AD when G's and randoms have been out for a while, I smell somthing fishy.

I get that ladies, solid golds and others not as popular may sit around. I personally was shown an Z serial letter Daytona and of course no discount and todays price. This is from an out of state AD...

There was another gent on the forum that purchased a new LV with a D serial. I think it is awsome because it does not have the rehault I dislike, but you know what does have--- todays MSRP. I highly doubt that just hit the dealers stock.

Again, not trying to go agaist the grain, and I am sure most dealers are on the up and up, but not all are. I can see grey's and resellers doing this, but ADs, I think it is BS....

Just my 2cents
-n8

[nch209]

Originally Posted by MortgageGuy

Well question is answered I guess... Glad to hear that your wife is loving her new watch and I also would love to see some pics Welcome to TRF too

Well said, and I was not trying to be negative above---- just been a long day! Congrats on the new watch! As long as everyone is happy, all is well!

[jfisher17]

Congrats on the new purchase... now.... pics!

[GradyPhilpott]

Congratulations to the OP on the new watch!

Originally Posted by 77T

Each year he pays tax on the inventory....

I knew this, but I never put it together with my experience recently ordering my Sub.

Clearly, the AD was motivated to clear existing stock, if there was any means by which he could interest me in something other than the 14060M.

I wouldn't blame him if that was the case and he did, after all, deliver the goods, so all is well.

[liuk3]

Can't figure out how to post a pic. Keep getting the red X. Sorry. But thanks for the sentiments.

[nch209]

Originally Posted by liuk3

Can't figure out how to post a pic. Keep getting the red X. Sorry. But thanks for the sentiments.

I can see your pic! Looks good!

[liuk3]

Originally Posted by nch209

I can see your pic! Looks good!

Thanks. It's weird. On two of my computers, it's still showing a red X where the picture should be.

I took the picture quickly with my iphone yesterday using my daughter's Elmo lunch box as a stand. LOL.

[Tools]

Originally Posted by liuk3

I guess I was wondering about the watch I just purchased for my wife. She's elated with it so it doesn't really matter, but I thought the V serials meant manufactured in 2008? I was wondering whether it would have been a point for negotiation or I got duped. I'm learning a lot from this forum. Thanks.

Half of what you read, people don't know what they are talking about..

Charts on the Internet only show when a letter prefix was first seen in the marketplace... It has nothing to do with actual manufacture.. Watch serial prefixes are known to enter the marketplace for about 4 years following it's first seen timeperiod..

Therefore, a V serial, first seen in late 2008 will typically be made until ~2012, and may still be a new watch that just arrived within the week..

It is physically impossible for Rolex to make all one million V serials on a given date (or even within a given year) as some seem to think..

[Lion]

Welcome to the world of Rolex and now you can sit back and enjoy your new watch!!!

[padi56]

Originally Posted by Tools

Half of what you read, people don't know what they are talking about..

Charts on the Internet only show when a letter prefix was first seen in the marketplace... It has nothing to do with actual manufacture.. Watch serial prefixes are known to enter the marketplace for about 4 years following it's first seen timeperiod..

Therefore, a V serial, first seen in late 2008 will typically be made until ~2012, and may still be a new watch that just arrived within the week..

It is physically impossible for Rolex to make all one million V serials on a given date (or even within a given year) as some seem to think..

X2 Larry but you might as well tell the same story till we are all blue in the face.Same for the clasp codes its all a approximation and does it matter when a clasp was stamped as long has there have been no changes to the clasp.Will one particular clasp stamp last any longer,or will one particular case stamp last longer than any other case/clasp stamp over the past 40 odd years.All Rolex watches in my experience will last longer in most cases than there owners so why worry what the case/clasp stamp is when buying new, if its a current unchanged model.Watches don't go off like a loaf of bread and they all get the same two year warranty.

[liuk3]

Thanks for the replies and the peace of mind. Here's the pic I finally figured out how to get to work.

I'm still learning a lot on my end, but it's been a great holiday season so far for me and my family. Hope everyone is well and enjoying themselves during this holiday season. Thanks again for all the info. Very helpful.