Opportunity for White DayC....but no papers

[gccmd]

If you are willing to pay $20k plus tax you might as well just buy one from a trusted seller with box, papers and warranty card.

[Chiboy]

I think this was a very clever ploy by OP.

He wants a white Daytona (don't we all). If he asks the forum if he should pony up a $10k premium for one, he gets the universal "That's insane. It's a nice watch (or "I've always hated Daytonas"), but not worth that premium. Get the PM version or get whatever MY favorite watch is."

But OP is too clever for this. Instead, he asks if he should get a dicey, no papers Daytona for $20k.

Now everyone is extolling the virtues of picking up a new SS Daytona for the low, low price of $24k!

Genius, I tell ya! And, he can show his wife this thread where everyone is telling him to pony up a bit more for the brand new one.

[Tools]

Originally Posted by Fedpete

Ok guys, I have a shot at a decently priced white 116500 pre-owned—a little desk diving but otherwise excellent.

Fair price, still above msrp of course.......the one major caveat is no papers. Very very reputable local dealer however.

It’s giving me pause and wanted to hear from you guys first.

. . .

A reputable Dealer would have checked police blogs and not risk their business license selling stolen goods; it is highly unlikely.

Also, they seldom add paperwork that has privacy information with it, such as the warranty papers in another name. Major chains send all trade-ins to their corporate offices where they are evaluated and sent out for resale - no papers, no history.

Thousands of watches are sold daily through brick-and-mortar stores and do not cater to the Internet crowd who "demand" full-sets but never want to leave their keyboard and couch.

[Rrpdc]

Originally Posted by lisalisa

You can call Rolex and they will send new warranty card??


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Good luck with that. Lol. Rolex will just laugh.

[77T]

Originally Posted by Fedpete

Fwiw I was offered a conditional sales contract for this exact instance you mention. Regardless, this is a pass for me. I hope a few of you are right that things will settle down in this market soon.


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It’s good to know the dealer was willing to stand behind a legitimate chain of custody. I mentioned you should pass as certainly agree with that decision.

Things will settle down but not soon IHMO - it’ll take a global economic downturn to stem the runaway demand.


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[AK797]

Originally Posted by Chiboy

I think this was a very clever ploy by OP.

He wants a white Daytona (don't we all). If he asks the forum if he should pony up a $10k premium for one, he gets the universal "That's insane. It's a nice watch (or "I've always hated Daytonas"), but not worth that premium. Get the PM version or get whatever MY favorite watch is."

But OP is too clever for this. Instead, he asks if he should get a dicey, no papers Daytona for $20k.

Now everyone is extolling the virtues of picking up a new SS Daytona for the low, low price of $24k!

Genius, I tell ya! And, he can show his wife this thread where everyone is telling him to pony up a bit more for the brand new one.

[s14roller]

No way at $20k incomplete. Makes no sense and you would certainly take a hit as there will be people (majority of the people here) who would not buy incomplete as there's too many unknowns to why the papers are missing.

[superdog]

Originally Posted by Fedpete

Has a box. 20k plus tax.


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I might be late to this dance.

But 20k. No papers.

Not a snowballs chance in hell.

[imgook]

Wow i'm am amazed at the insanity this watch brings. Definitely hard pass on $20k with no papers.

[TurboTim14]

Pass. Not for 20k. If you said 15k then maybe.

[steve099]

Without papers is a big hit to value. 12k is what I would be willing to pay due to risk

[lamnyc]

No way for $20k without box and paper.

[tyler1980]

Originally Posted by Tools

A reputable Dealer would have checked police blogs and not risk their business license selling stolen goods; it is highly unlikely.

Also, they seldom add paperwork that has privacy information with it, such as the warranty papers in another name. Major chains send all trade-ins to their corporate offices where they are evaluated and sent out for resale - no papers, no history.

Thousands of watches are sold daily through brick-and-mortar stores and do not cater to the Internet crowd who "demand" full-sets but never want to leave their keyboard and couch.

at the time they bought it it may very well not have been showing stolen. How often do they re check if an item remains in inventory? no idea

thinking of a pawn shop here as stolen items are recovered from those places all the time and i assume when they bought it they didn't know as they stay in business.

[Macnavara]

Originally Posted by Vaxe

Negotiate a better deal then call Rolex for a new warranty card, will run you only $60.
People lose their cards all the time, but your dealer is likely holding that to hide AD identity.

Rolex don’t re issue warrenty papers ever

[abozz]

Yes, do it!

[SS Oyster]

Tourneau does this all the time - never come with box or papers. Not sure why.

I would if it were white for $16k or black for $15k


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