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Attila · 26 April 2008, 05:13 PM

Quote:

Originally Posted by 2careless

Er, in Australia there is a "Trade Practices Act" where the manufacturer can tell the reseller to sell at a "Maximum retail price" and this is the max a retailer/reseller can sell the goods for. It's illegal in Australia to put a minimum price.
I suppose every country has different consumer laws so caveat emptor!

Darn tooting! The laws in Australia are very good for the consumers.

Trurolexer · 26 April 2008, 07:47 PM

Quote:

Originally Posted by xf384c

MSRP = Manufacturer Suggested Retail Price.
So I guess it is just a suggested price. I called NYC Rolex before and mentioned this, and I was told, they can sell whatever price they want, they don't stop them from doing so.

MSRP is the same for car dealers too, they can sell whatever price they want.

X3!!!

vukotab · 26 April 2008, 07:48 PM

What should I say when I was offered to buy SS Daytona,new,with box and papers for 9500 Euros!That happened three weeks ago and seller was not official Rolex AD!

JPP · 26 April 2008, 07:54 PM

If you are going to pay $2000 over list price and think this is a good price then why doesn't everyone just buy a brand new watch from a grey dealer? They are EASY to get in London, brand new from a dealer at £2,000 more. Whilst an AD can charge what they want over and above the MRSP I think that one that does is not worth my stepping through their door.

Just buy grey - that's my campaign. If everyone bought grey it would end this ludicrous situation with the Daytona within months. It's simply not a rare watch. It's only rare at ADs. I have seen more new Daytonas for sale than any other kind of Rolex ever. They are in every dealers window I ever pass in London. Granted not ADs - that's where they're rare because they go to all the big rollers. But the Daytona is hardly what I'd call a rare or difficult to buy watch. Just at MSRP.

SPACE-DWELLER · 26 April 2008, 10:53 PM

I've never experience any AD demanding prices beyond MSRP in Denmark. As stated, they CAN if they want to, but it's very bad decorum and they'd lose customers by doing it.

CoopJr · 26 April 2008, 11:02 PM

Quote:

Originally Posted by speicher1

This thread is depressing me. $11,400 is what I paid for my Z series Daytona at an AD. I'm sure the MSRP was $9,200. Dammit....

If you bought before the beginning of March, then the MSRP was $7,900. If that is the case, then you paid $3,500 over list. Only you know if it is worth it...if you are cool with that then no worries.

TempoKing · 26 April 2008, 11:05 PM

Quote:

Originally Posted by toph

pre- owned yes- but brand new i really dont think so

..I bought from an authorised dealer just the other day.
I paid 1300 dollars over list...lol...who ever suggests that the authorised
dealers are god's gift to Rolex supply ...think again..

TempoKing · 26 April 2008, 11:21 PM

Quote:

Originally Posted by vukotab

What should I say when I was offered to buy SS Daytona,new,with box and papers for 9500 Euros!That happened three weeks ago and seller was not official Rolex AD!

Hi there Vukota
The official Rolex dealers do not have or display the steel Daytona.
I know for a fact that an official importer kept them in his safe -about 50-60 of them a year- and he would sell only to his chronies back when the price was 5.000 euro for ...listen to this...for 8.500 euro.
The good part is that today they have stopped doing this...now they just tell you they do not have it..LOL
Anyway, delivery in Athens, you can get a black dial BNIB for 8.200 euro.....if you need one.
ALSO:
I always wanted to ask you, ...any relation to "Voja" Brajović & Milica Mihajlović ...?
Happy Easter if you follow the Orthodox kind.
Anastasios

SPORTSFAN · 26 April 2008, 11:28 PM

Quote:

Originally Posted by hienpham04

2K above MSRP is not bad for a brand new Daytona.

Hi
The only way I would pay 2k over list for a rolex would be if I was going to sell it the same day for 4k over list.
But it is a sellers market so good luck to you.

DocD · 26 April 2008, 11:32 PM

I know that members of this forum have called the RSC in New York, Beverly Hills, Dallas, etc., and spoken with "someone" that told them that an AD can sell any Rolex for any price above MRSP that they want.

I believe these members 100%. However, I'd like to know exactly who are the people on the other end of the phone our members are speaking with, and what authority do they have to dictate what Rolex's policy is regarding this matter???

I can tell you that I have personally spoken with the OWNER of an AD with two stores in Pennsylvania, and another OWNER of an AD in New Jersey. Both of these OWNERS (not employees) of two separate AD's told me the exact same thing.......Rolex does not want them selling above MSRP.

They told me that they do not sell ANY Rolex models at above MSRP, since it is against Rolex policy and they both felt it could jeopardize their dealership. They also both said they know it is done regularly by other AD's, but they do not do it, because it is a practice Rolex frowns upon, and if "caught" they can potentially get in trouble.

Whether or not Rolex acts upon this is another story. Ironically, they also both told me that it is absolutely against Rolex policy for an AD to sell a Rolex over the phone/via phone transaction. ALL sales must be in person. This is to prevent a person in Iowa from purchasing over the phone from an AD in Philly via credit card, and having the AD in Philly ship the watch to Iowa.

This is to protect each AD's "territory". However, even though this is absolutely against Rolex policy, they were both quick to point out that there are many AD's that breach this policy regularly.

The bottom line is that both these AD owners provided me with the exact same information, despite being competitors. And when we call the RSC and receive information, who exactly are we speaking with, and what authority do they have to tell us Rolex's official policy on the matter, or do they REALLY know???

SPORTSFAN · 26 April 2008, 11:36 PM

Quote:

Originally Posted by SPACE-DWELLER

I've never experience any AD demanding prices beyond MSRP in Denmark. As stated, they CAN if they want to, but it's very bad decorum and they'd lose customers by doing it.

Hi
Absolutely right Bo.

Art 1 · 26 April 2008, 11:47 PM

I don't blame him. Would do the same. It's business.

RolexADinFL · 26 April 2008, 11:51 PM

It may not be illegal, BUT in the US if the Area Sales Manager finds out that dealer will NOT BE GETTING ANY MORE ALLOCATED MODELS.

I would make a call to Rolex.

SPORTSFAN · 27 April 2008, 12:00 AM

Quote:

Originally Posted by Art 1

I don't blame him. Would do the same. It's business.

Hi
I agree "its buisiness"

But remember "A good name goes a long way.......but a bad one goes further"
Regards Mike

casadecamporolex · 27 April 2008, 12:02 AM

Rolex USA policy is to discourage AD's from selling above the MSRP. At the same time, if the AD sells the S/S Daytona at list, it is very likely the buyer will re-sell to a grey market guy like Swiss Luxury....and then the AD gets whacked by Rolex USA for trans-shipping.
My AD's policy is to basically mimick the grey market price to avoid any issues of transhipping and give the consumer the break on virtually all watches except Milgauss and Daytona.

Markg · 27 April 2008, 12:10 AM

Quote:

Originally Posted by DocD

I can tell you that I have personally spoken with the OWNER of an AD with two stores in Pennsylvania, and another OWNER of an AD in New Jersey. Both of these OWNERS (not employees) of two separate AD's told me the exact same thing.......Rolex does not want them selling above MSRP.

They told me that they do not sell ANY Rolex models at above MSRP, since it is against Rolex policy and they both felt it could jeopardize their dealership. They also both said they know it is done regularly by other AD's, but they do not do it, because it is a practice Rolex frowns upon, and if "caught" they can potentially get in trouble.

Whether or not Rolex acts upon this is another story. Ironically, they also both told me that it is absolutely against Rolex policy for an AD to sell a Rolex over the phone/via phone transaction. ALL sales must be in person. This is to prevent a person in Iowa from purchasing over the phone from an AD in Philly via credit card, and having the AD in Philly ship the watch to Iowa.

This is to protect each AD's "territory". However, even though this is absolutely against Rolex policy, they were both quick to point out that there are many AD's that breach this policy regularly.

The bottom line is that both these AD owners provided me with the exact same information, despite being competitors. And when we call the RSC and receive information, who exactly are we speaking with, and what authority do they have to tell us Rolex's official policy on the matter, or do they REALLY know???

x2

dfn8tly · 27 April 2008, 01:01 AM

Mark & Chris;

I was referring to the Robinson-Patman Act of 1936 which prohibits producers from selling the same goods to equally-situated distributors at prices that might be considered to reduce competition. A good example would be chain store pricing vs. independent dealers.

Therefore, my comment on the subject for which this thread was originally created was not wholly appropriate. Thanks for allowing me to clarify this issue.

GoldenBear · 27 April 2008, 01:05 AM

I wonder how many people who are griping about having to pay $2,000 over MSRP for a Daytona would quickly flip it for a $2k profit if they got one at face. Conversely, if people want this watch so badly what is wrong with paying a premium. Think of what people pay for a Red Sea-Dweller. It happens all the time for Super Bowl tickets, Boston Red Sox "jinx" jerseys and any other high demand and low supply items that people "have to have".

Markg · 27 April 2008, 01:05 AM

Quote:

Originally Posted by dfn8tly

Mark & Chris;

I was referring to the Robinson-Patman Act of 1936 which prohibits producers from selling the same goods to equally-situated distributors at prices that might be considered to reduce competition. A good example would be chain store pricing vs. independent dealers.

Therefore, my comment on the subject for which this thread was originally created was not wholly appropriate. Thanks for allowing me to clarify this issue.

i think this may be what you are looking for...

http://www.supremecourtus.gov/opinions/06pdf/06-480.pdf

daveathall · 27 April 2008, 01:15 AM

If you want to pay over the odds for a watch and you can afford it then do it, if you dont want to pay over the odds then dont, tell them to shove it.

Freedom of choice, dont ya just love it?

vjb.knife · 27 April 2008, 02:03 AM

I was told by two AD's in my area that charging above retail is against Rolex policy and that they never do that. They both had very large Rolex selections. I do not believe it is illegal in the US though..

Ranfni · 27 April 2008, 03:49 AM

a ss daytona- used - in vegas goes for 14k plus

docnagel · 27 April 2008, 05:45 AM

Quote:

Originally Posted by fly-dad

Again in my travels I walked into an AD who had a SS Daytona (I don't want to say where). The MSRP on the Box was $9200 and he was asking $11200. I guess not all AD's sell at MSRP.

I think this is fairly common. There is an AD in NY that routinely sells Daytona's over list, they also discount other models.

chunala · 27 April 2008, 06:34 AM

DocD:

I agree with your comments. I was told exactly the same 'Rolex policy' by 2 separate AD's. When I mentioned that some AD's offer some popular models at premium prices, he said 'tell me the name and I will report it to Rolex'.

26 April 2008, 07:48 PM	#33
vukotab "TRF" Member Join Date: Aug 2007 Real Name: Vukota Brajovi Location: Belgrade,Serbia Watch: ing movies! Posts: 3,812	What should I say when I was offered to buy SS Daytona,new,with box and papers for 9500 Euros!That happened three weeks ago and seller was not official Rolex AD! __________________ My fashion blog and Instagram: https://stylebyvukota.com/ https://instagram.com/vukotabrajovic/

26 April 2008, 10:53 PM	#35
SPACE-DWELLER "TRF" Member Join Date: Apr 2007 Real Name: Bo Location: Denmark Watch: Rolex, of course! Posts: 22,436	I've never experience any AD demanding prices beyond MSRP in Denmark. As stated, they CAN if they want to, but it's very bad decorum and they'd lose customers by doing it. __________________ With kind regards, Bo LocTite 221: The Taming Of The Screw...

27 April 2008, 01:05 AM	#48
GoldenBear "TRF" Member Join Date: Jun 2007 Location: San Francisco Watch: Submariner Posts: 2,480	I wonder how many people who are griping about having to pay $2,000 over MSRP for a Daytona would quickly flip it for a $2k profit if they got one at face. Conversely, if people want this watch so badly what is wrong with paying a premium. Think of what people pay for a Red Sea-Dweller. It happens all the time for Super Bowl tickets, Boston Red Sox "jinx" jerseys and any other high demand and low supply items that people "have to have". __________________ ____________________________________________ Rolex Blue TT Submariner Rolex SS Submariner Breitling Emergency Mission They are just watches, wear 'em. ____________________________________________

27 April 2008, 01:15 AM	#50
daveathall "TRF" Member Join Date: Dec 2007 Real Name: Dave Location: England. Watch: Various Posts: 7,305	If you want to pay over the odds for a watch and you can afford it then do it, if you dont want to pay over the odds then dont, tell them to shove it. Freedom of choice, dont ya just love it? __________________ KINDEST REGARDS DAVE

27 April 2008, 02:03 AM	#51
vjb.knife Member Join Date: Jan 2008 Real Name: Vince Location: Pittsburgh, PA Watch: Rolex Sub & GMTIIC Posts: 626	I was told by two AD's in my area that ..... I was told by two AD's in my area that charging above retail is against Rolex policy and that they never do that. They both had very large Rolex selections. I do not believe it is illegal in the US though..

26 April 2008, 07:54 PM	#34
JPP Member Join Date: Aug 2007 Location: London Posts: 115	If you are going to pay $2000 over list price and think this is a good price then why doesn't everyone just buy a brand new watch from a grey dealer? They are EASY to get in London, brand new from a dealer at £2,000 more. Whilst an AD can charge what they want over and above the MRSP I think that one that does is not worth my stepping through their door. Just buy grey - that's my campaign. If everyone bought grey it would end this ludicrous situation with the Daytona within months. It's simply not a rare watch. It's only rare at ADs. I have seen more new Daytonas for sale than any other kind of Rolex ever. They are in every dealers window I ever pass in London. Granted not ADs - that's where they're rare because they go to all the big rollers. But the Daytona is hardly what I'd call a rare or difficult to buy watch. Just at MSRP.

26 April 2008, 11:32 PM	#40
DocD "TRF" Member Join Date: Apr 2006 Location: New Jersey Watch: Submariner date Posts: 298	I know that members of this forum have called the RSC in New York, Beverly Hills, Dallas, etc., and spoken with "someone" that told them that an AD can sell any Rolex for any price above MRSP that they want. I believe these members 100%. However, I'd like to know exactly who are the people on the other end of the phone our members are speaking with, and what authority do they have to dictate what Rolex's policy is regarding this matter??? I can tell you that I have personally spoken with the OWNER of an AD with two stores in Pennsylvania, and another OWNER of an AD in New Jersey. Both of these OWNERS (not employees) of two separate AD's told me the exact same thing.......Rolex does not want them selling above MSRP. They told me that they do not sell ANY Rolex models at above MSRP, since it is against Rolex policy and they both felt it could jeopardize their dealership. They also both said they know it is done regularly by other AD's, but they do not do it, because it is a practice Rolex frowns upon, and if "caught" they can potentially get in trouble. Whether or not Rolex acts upon this is another story. Ironically, they also both told me that it is absolutely against Rolex policy for an AD to sell a Rolex over the phone/via phone transaction. ALL sales must be in person. This is to prevent a person in Iowa from purchasing over the phone from an AD in Philly via credit card, and having the AD in Philly ship the watch to Iowa. This is to protect each AD's "territory". However, even though this is absolutely against Rolex policy, they were both quick to point out that there are many AD's that breach this policy regularly. The bottom line is that both these AD owners provided me with the exact same information, despite being competitors. And when we call the RSC and receive information, who exactly are we speaking with, and what authority do they have to tell us Rolex's official policy on the matter, or do they REALLY know???

26 April 2008, 11:47 PM	#42
Art 1 Banned Join Date: Feb 2008 Location: Florida, Canada Watch: Rol/Seik/Tud/Omega Posts: 30,244	I don't blame him. Would do the same. It's business.

26 April 2008, 11:51 PM	#43
RolexADinFL "TRF" Member Join Date: Jan 2008 Location: FL Posts: 114	It may not be illegal, BUT in the US if the Area Sales Manager finds out that dealer will NOT BE GETTING ANY MORE ALLOCATED MODELS. I would make a call to Rolex.

27 April 2008, 12:02 AM	#45
casadecamporolex "TRF" Member Join Date: Mar 2008 Real Name: Louie Location: CDC/FCGC Watch: 116619LB Posts: 1,317	Rolex USA policy is to discourage AD's from selling above the MSRP. At the same time, if the AD sells the S/S Daytona at list, it is very likely the buyer will re-sell to a grey market guy like Swiss Luxury....and then the AD gets whacked by Rolex USA for trans-shipping. My AD's policy is to basically mimick the grey market price to avoid any issues of transhipping and give the consumer the break on virtually all watches except Milgauss and Daytona.

27 April 2008, 01:01 AM	#47
dfn8tly Member Join Date: Jun 2005 Real Name: Richard Location: The Villages, FL Watch: GMT-II Posts: 396	Mark & Chris; I was referring to the Robinson-Patman Act of 1936 which prohibits producers from selling the same goods to equally-situated distributors at prices that might be considered to reduce competition. A good example would be chain store pricing vs. independent dealers. Therefore, my comment on the subject for which this thread was originally created was not wholly appropriate. Thanks for allowing me to clarify this issue.

27 April 2008, 03:49 AM	#52
Ranfni "TRF" Member Join Date: Mar 2008 Real Name: Rob Location: SoCal Watch: Rolex Panerai AP Posts: 433	a ss daytona- used - in vegas goes for 14k plus

27 April 2008, 06:34 AM	#54
chunala "TRF" Member Join Date: Mar 2008 Real Name: Alan Location: NYC Watch: TT TOG (Everose) Posts: 125	DocD: I agree with your comments. I was told exactly the same 'Rolex policy' by 2 separate AD's. When I mentioned that some AD's offer some popular models at premium prices, he said 'tell me the name and I will report it to Rolex'.

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