Crrraaazzzzyyyyybundle deal at AD

[francoamerican]

I’m more and more convinced this is how the ADs and Rolex want it. Rolex AD scarcity due to increased demand, and fixed MSRP gives Rolex an opportunity to take care of the ADs in this subtle/not so subtle way, while helping Rolex stretch the demand out longer term due to the perceived scarcity (keeping steel sports out of the display cases)

Whales who buy higher margin items helps jewelers to optimize their 80/20 scenarios.

Hence people constantly telling us there’s no “list”.

Fortunately DavidSW etc allows us to pay a small premium (and no sales tax helps) for most long standing references and so much of Rolex is not totally unobtainable with a bit of work.

But if you’re going to pay $25k for steel sports watch I still say buy an AP or vintage.

[Marcjvr]

LOL at all the hypocrites on this thread lambasting the OP. If it wasn’t for capitalism we would not have Rolex or our own money to buy oursvelves Rolexes. Yet everyone is quick to jump on their high horses and throw stones just because the OP is practicing capitalism...

Congrats to you OP. You saw an opportunity and made the most of it. Thanks for sharing your story.

[burnthesehills]

I have no issue with this transaction, but the post might as well have been titled, “I bought a Sub Date at MSRP!!”

[Explorer2Guy]

Hublot plus bragging about flipping a Sub = tacky x 2

Did you but an Ed Hardy t shirt afterwards?

[LuminousMaximus]

Well played Sir

[77T]

Originally Posted by Marcjvr

LOL at all the hypocrites on this thread lambasting the OP. If it wasn’t for capitalism we would not have Rolex or our own money to buy oursvelves Rolexes. Yet everyone is quick to jump on their high horses and throw stones just because the OP is practicing capitalism...

Congrats to you OP. You saw an opportunity and made the most of it. Thanks for sharing your story.

I agree the story was worth sharing.

But...
I don’t know that it’s hypocrisy for TRF’ers to say a Hublot is a lesser valued watch than a Rolex. I think most of the critical posts are saying it’s a stupid deal.

Maybe on THF (The Hublot Forum) this story would be universally applauded...but we are in The Rolex Forum so not a big surprise.


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[imperio]

Originally Posted by ninjin

And yes, I own a Hublot as well (with hefty discount of 30%), bought before the brand was made famous by the 2012 World Cup sponsorship. Was very depressed when it was, because no one knew the brand or its cost before that.

[Muxi]

Originally Posted by Undefeatable

Seriously!

OP - "I got a sub on a bundle and sold it"
Everyone - "F**k this guy!!"

vs.

TRF seller - "I have all the SS sport models, above MSRP, brand new"
Everyone - "We love our Trusted Sellers!"

Nothing against the Trusted Sellers on here, I have done business with a few, but does everyone have Stockholm syndrome with the Trusted Sellers or something?

Hahaha

[theomegaaddict]

Originally Posted by 77T

I agree the story was worth sharing.

But...
I don’t know that it’s hypocrisy for TRF’ers to say a Hublot is a lesser valued watch than a Rolex. I think most of the critical posts are saying it’s a stupid deal.

Maybe on THF (The Hublot Forum) this story would be universally applauded...but we are in The Rolex Forum so not a big surprise.


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Oh I would agree whoke heartedly if i was being forced to buy the hublot.

But since the Hublot was a gift selected by my brother whom despite my best efforts could not be swayed to buying another watch and that watch was to be purchased regardless the fact that i managed to get it for a massive discount at the end is a win for me especially if and when the vat refund hits.

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[theomegaaddict]

Originally Posted by ChipotleBanana

It's nice he offered you the watch, but sad you sold it. Buy the watch because you enjoy it, not for the financial gain. All you did was make it harder for someone else to buy the watch that they want. If the other dealer who you have a good relationship with offered you the watch at such a good price, why go out from under them? You're exactly the type of person that is making it so hard for us to get these watches. Most AD's here in the US try avoid selling to people who are going to immediately sell their newly purchased piece.

Lol - i actually told my local dealer how the deal went down he laughed and told me i would have been crazy not to accept the deal as well. He knows ill buy other things from him down the line

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[SearChart]

Good for you.

[TimeOnHand]

Good on you... you don’t ask, you don’t get!

[junamuan]

Originally Posted by iheartrolexx

you did the things that most people here would do but dont admit

I agree completely.

[Lemieux66]

Bitterness and jealousy is strong in this thread. All this ‘Us poor enthusiasts who just want to keep a watch forever and ever and can’t get one at RRP... (small print: we however retain the right to flip at a profit at a later date should we choose to...).

The profit OP made on selling the Sub was likely more than I make in a month but I didn’t feel any pang of jealously towards the OP. The main things I took from this story is that the OP managed to minimise the cost of a celebratory gift for his brother (great!) and that ADs are hiding stock of SS Rolex to help leverage their slow sellers. This gives me hope that my AD could be persuaded to help me out one day. But then I’m more into Day-Dates than SS these days...

As a previous poster remarked, it’s the heightened demand causing the shortage, not greys or ADs. Without demand they couldn’t continue. And don’t forget, before the madness started it was often said to be foolish to buy from ADs because greys were selling below retail! Didn’t see many people admonishing anyone for not supporting their impoverished AD back then...

[crazymcmichael]

Are you referring to a normal black sub of a lv? I dont see why this deal is so crazy good. If it was a blro daytona lv blnr id see the point

[crazymcmichael]

Originally Posted by Muxi

Hahaha

indeed

[Swiss Mad!]

Originally Posted by teck21

What’s stopping everyone else who ‘genuinely’ wants a SS sub date from buying Hublot and then being offered the sub?


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Eh?? That would be crazy!

How much is the Hublot?

A sub is about £2k over list from the grey market if someone wants one that badly.

That’s a lot cheaper than buying a Hublot they don’t want then losing even more money when they come to sell it.

Hublot are like Omega on the secondary market... a financial black hole.


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[Swiss Mad!]

Originally Posted by schoolboy

What?

I’m confused.

How is the AD giving you free money? Because the AD is allowing you to buy a sub at msrp?

Yes I get the point, that if you say “I’ll only buy it if...” the AD may be inclined to try to meet your demand in order to make a sale

But how is the AD giving you “a bag of money?”

Because he bought the Sub at retail & then instantly flipped it for a profit.

That’s what he’s referring to by saying the AD basically gave him free money.


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[leonardfell]

Originally Posted by samson66

Thumbs down, sorry. I was offered an SD43 at retail recently. Could have flipped it and made some quick cash but chose to let the next guy on their list buy it. Not a fan of pure flipping. You took a watch out of someone's hands and supplied the grey instead. Hard for me to congratulate this. Maybe I am misunderstanding this but that's how I'm reading this.

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Let the next guy flip it

[R G]

Originally Posted by theomegaaddict

Also i do not appreciate your tone. Each has their own circumstances and conditions. Who are you to judge?

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Don’t post on this forum, seeking some sort of validation or response, and then start telling people (who have taken the time to read your little story), that you object to what, or how they have said something.

I don’t think you’ve done anything that most other people wouldn’t have done, but I agree; the Hublot is crap. Your brother has impeccable taste.

Enjoy the Submariner.

[Hodog16]

Got no problem with what you did. I would never flip a watch from one of my main ADs but a random AD on vacation? Why not.

That AD knows what they are doing, they were able to move a slow seller by bundling a SS watch, and "only" a sub with date at that.

I'm sure they keep a BLRO or Daytona for the PM buyers.

[RFBHD]

Originally Posted by shafran

Why is it ok for a grey dealer, many of whom sell here to get new rolexs and make money on them, but not ok for the average guy. He did nothing wrong.

[pigman08]

It’d be interesting to start a poll to see who is despised more:

1- The overlord manufacturer, whose stranglehold on supply is tantamount to withholding insulin and EpiPens from those who desperately need them.

2- The shady AD, whose “list” is written down on unicorn vellum with a quill dipped in fairy dust ink, & who hordes his preciouSS wares until the perfect bundled transaction is presented to him or her.

3- The evil and profiteering flipper/pusher who’s got the fix that we all want/need, but at what cost?!?? There are teenagers who are forced to drive around in used Sentras and Tercels instead of a new 3 Series BMW because mom or dad succumbed to these monsters, who have the nerve to try to end the day with more money in their pocket than they had when they started.

4- The desperate collector (or fan boy, whatever the case may be) who MUST have the preciouSS at any and all cost (including selling his or her insulin and EpiPens), thus perpetuating this endless cycle of insanity.


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[teck21]

Haha, that would be very interesting. Can a proper poll actually be created?


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[AK797]

Originally Posted by Lemieux66

Bitterness and jealousy is strong in this thread.

And everywhere on Social Media, it is the food for all hype.

[SAAS]

Originally Posted by Undefeatable

Seriously!

OP - "I got a sub on a bundle and sold it"
Everyone - "F**k this guy!!"

vs.

TRF seller - "I have all the SS sport models, above MSRP, brand new"
Everyone - "We love our Trusted Sellers!"

Nothing against the Trusted Sellers on here, I have done business with a few, but does everyone have Stockholm syndrome with the Trusted Sellers or something?

[pepsiretail]

What’s ccrrrraaaazzzzzzzzzyyyyy about getting a Hublot for more of a discount than what your Dubai dealer offered?

You compare the price you paid to one alternative price and pound your chest while holding the scalp of a Sub C Date in front of a bunch of Rolex fanatics, that is the only crazy thing I see here.


I’m happy that you and yours all got what you wanted and congratulations to your brother for his academic achievement.

[Daveclock]

Originally Posted by InitialAndPitch

Most of the psychological studies on self gratification - from kids to educated professionals show that respondents express ethical concerns at somebody who has received a windfall and state that they would not duplicate the behaviour. When given the opportunity, they rationalise away their morals and make the grab like most others.

As the saying goes “Always back a horse called self interest”.

Too True!

Originally Posted by Undefeatable

Seriously!

OP - "I got a sub on a bundle and sold it"
Everyone - "F**k this guy!!"

vs.

TRF seller - "I have all the SS sport models, above MSRP, brand new"
Everyone - "We love our Trusted Sellers!"

Nothing against the Trusted Sellers on here, I have done business with a few, but does everyone have Stockholm syndrome with the Trusted Sellers or something?

Good Luck to the OP glad he saved a little, and congratulations to your Brother on his graduation gift from Mum, how nice!

[schoolboy]

Originally Posted by Swiss Mad!

Because he bought the Sub at retail & then instantly flipped it for a profit.

That’s what he’s referring to by saying the AD basically gave him free money.


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Thanks Swiss Mad!

[zengineer]

Originally Posted by REFZ

Why did you immediately sell the Rolex Submariner?

This kind of flipping watches is one of the causes of the shortage of SS Rolex.

He would have contributed to the shortage if he kept it at home in a safe. By selling it it was on the market just like it was the day before in the ADs back room. You could argue that his action helps drive prices up but I can't agree he changed the availability situation.

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