No wonder why we have to wait for Daytona C

[BillA]

If people want to try to charge prices over list price, they are entitled to do so.
We have the right not to pay for it.
Obviously, there are many that have the money and have no problem paying a premium.
Personally for me, a watch is not important enough to pay premium prices. That is why TRF is my AD.

[josephvman]

Rolex (and AD's)have done plenty to try to stop it, and all of those things have been very unpopular around here. They include engraving case backs, holding warranty cards, refusing to ship watches, etc. lots of whining around here and you can't have it both ways. Buy enough watches from your AD and you pay MSRP and don't wait three years, it's as simple as that. Buyers set market price, not sellers. You can have one today if you want it, and if you can afford to pay MSRP you can afford to pay market price. Be a big boy and either step up or stop the whining.

[coralfarmer84]

The people who never buy from an AD but use them regularly to waste their time to try on something they only intend to buy online have zero credibility to be upset with this market as they created it.... it's the regular AD customers getting shafted when they are forced to wait but are told they are high priority when in all reality the highest priority to the AD will always be the grey seller that buys a lot from that AD even if they are cross country. Money is all that matters in the retail game and ADs play the game as well as the TRF consumer shopping them

[watchwatcher]

How much is to be written and argued about something that is so simple:

If you want the watch, pay the premium or wait your turn.

[Devlred]

Originally Posted by josephvman

Rolex (and AD's)have done plenty to try to stop it, and all of those things have been very unpopular around here. They include engraving case backs, holding warranty cards, refusing to ship watches, etc. lots of whining around here and you can't have it both ways. Buy enough watches from your AD and you pay MSRP and don't wait three years, it's as simple as that. Buyers set market price, not sellers. You can have one today if you want it, and if you can afford to pay MSRP you can afford to pay market price. Be a big boy and either step up or stop the whining.

Sure man, i will go buy 3 Rolex from the same guy who is treating me like this, give him 20k for 3 watches that i dont like or want just to put me on a waiting list and wait 2 years for it. And this makes me a big boy, a non whiner, the Logic that makes sense...

Why not be able to order directly from Rolex online, enter on a waiting list based on your Country that you are resident, this list could be kept and controlled by Rolex from a Department in the head offices and when anyones turn was coming to be able to pick it up from the closer local Authorised Dealer (keeping the sale and profit to the AD) BUT for the price indicated from Rolex???

Something like what Omega did with the Speedy Tuesday few months ago, but better, this could solve many problems..

@watchwatcher the problem is not with having your name in waiting list, i dont mind that and thats fair, the problem has to do with a) ADs refusing keeping waiting list asking a huge premium in order to sell you b) ADs asking you premioum in order to skip their waiting lists (this is even worse for the rest of the people who are patienly waiting) and c) 20-30 grey dealers entering waiting lists all over the world which lead the waiting time to be expanded by couple of years...

What is going on i dont see beeing for the benefit of Rolex at all, it just gives a bad name to the Company and makes grey dealers to make huge profits over consumers, Rolex has nothing to benefit from this, in the end of day anyway they will sell the same quantities for the same price in order to control the market.

[chows99]

Originally Posted by RHJ

I find the politics of selling of Rolex excellent - their goal is not to sell the most possible in one year, but to create brand and quality value thought for decades!
This is why Omega fails to concur, too many models and editions for fast money...
There is no constitutional right for everyone to have a Daytona SS C...
No one plays this game better than Rolex and this is the first duty of the Hans-Wilsdorf-Foundation: to guarantee the existence of the company. I can only admire this strategy

Very well said! The longevity of the company is indeed, most important!

[dogpawss]

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[dogpawss]

Originally Posted by meganfox17

●Did you know that the The Land of the Rising Sun has the second largest market for pre owned luxury watches on earth?
●Would you believe me if I told you that Japanese buyers constitute about 35% of online sales for luxury watches on ebay ? ●Surely you must know that Japanese based sellers (34%) is ahead of UK (11%) and behind the USA (41%) in terms of the total number of used luxury watches sold on earth

I'm not sure about Rolex market sales statistics but Japan is the Omega brand's second biggest market.Even when searching for a LE or vintage Speedmasters may prove a difficult task elsewhere on earth, the Speedy Racing 3570.40 or Mitsukoshi dials for example are a dime a dozen in Tokyo ! So I'm not really surprise to hear stories of stunned buyers finding lots of pre owned or even new Rolex Daytonas on many of the bricks and mortar second hand stores in Tokyo.I was even told 0ne of the reasons why pre owned Rolex Daytonas or rare Speedies are easily available in Tokyo was because many of those Swiss luxury watches were originally, in essence presented as gifts to corporate figures, local businessmen, workers at top Japanese companies and gang members the organized crime syndicate ,The Yakuza !


It's really fascinating to realize that the Japanese consumers take very good care of their Rolex,Omega and other Swiss Watchmaker brand luxury timepieces so much so that any pre owned luxury watch is really worth buying.

Sure, there will always be bargain hunters but ask any Japanese and they will tell you how they are willing to pay top dollar for any prized luxury watch with status symbol or longevity

I have lived in Tokyo for more than 10 years now and I can tell you that your statement about Rolexes presented as gifts is probably misinformed and most likely confused with Chinese which I heard many rumors.

FYI, most of the popular Rolex models (BNIB or pre owned) we find at grey dealers have Rolex warranty cards issued in Europe or other part of Asia.

[Muzz]

It really bums me out that I have only been able to get two ceramic Daytonas where the 520s were always easy to get.

[melrob1]

Both my AD's, each in different states, have told me their Rolex rep has told them all most Daytona stock is going to Asia right now. Not sure why but that is what Rolex is doing. I wonder if it's some strategy.

[Devildog]

Originally Posted by Devlred

Sure man, i will go buy 3 Rolex from the same guy who is treating me like this, give him 20k for 3 watches that i dont like or want just to put me on a waiting list and wait 2 years for it. And this makes me a big boy, a non whiner, the Logic that makes sense...

Why not be able to order directly from Rolex online, enter on a waiting list based on your Country that you are resident, this list could be kept and controlled by Rolex from a Department in the head offices and when anyones turn was coming to be able to pick it up from the closer local Authorised Dealer (keeping the sale and profit to the AD) BUT for the price indicated from Rolex???

Something like what Omega did with the Speedy Tuesday few months ago, but better, this could solve many problems..

@watchwatcher the problem is not with having your name in waiting list, i dont mind that and thats fair, the problem has to do with a) ADs refusing keeping waiting list asking a huge premium in order to sell you b) ADs asking you premioum in order to skip their waiting lists (this is even worse for the rest of the people who are patienly waiting) and c) 20-30 grey dealers entering waiting lists all over the world which lead the waiting time to be expanded by couple of years...

What is going on i dont see beeing for the benefit of Rolex at all, it just gives a bad name to the Company and makes grey dealers to make huge profits over consumers, Rolex has nothing to benefit from this, in the end of day anyway they will sell the same quantities for the same price in order to control the market.

Alex

Rolex AD's are supposed to be prohibited from selling at anything over RRP. If your AD is doing that you should report them to Rolex SA

[lhawli]

I really can't wrap my head around comments being made about ADs selling for whatever price they want! if you go to the rolex website, the prices are at the bottom of every watch in the currency of whatever country you are searching from. The reason they are authorized dealers and not grey is so that they must respect these prices.

AD should not price their watches at a price any different from the rolex website. Whether they offer a discount or not is up to them (depending on model and demand). If a watch on the US rolex site is $7600 and the AD is selling at $9000, you should be calling the rolex HQ in the US and file a complaint.

Not sure if the US is any different, but here in Canada it's absolutely respected.


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[nektar]

Originally Posted by Moggo

I find politics repugnant in any form, it's a word used regularly to excuse immoral and unethical activity usually.


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I think that there are people that make more cash than they can handle, so Rolex takes care of them
Same thing happens with all luxury items.

[Shaky]

Originally Posted by lhawli

I really can't wrap my head around comments being made about ADs selling for whatever price they want! if you go to the rolex website, the prices are at the bottom of every watch in the currency of whatever country you are searching from. The reason they are authorized dealers and not grey is so that they must respect these prices.

AD should not price their watches at a price any different from the rolex website. Whether they offer a discount or not is up to them (depending on model and demand). If a watch on the US rolex site is $7600 and the AD is selling at $9000, you should be calling the rolex HQ in the US and file a complaint.

Not sure if the US is any different, but here in Canada it's absolutely respected.


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Agree with all of that. Heard people say before an AD can charge what they want, however that should not be the case.