Offering the AD more than MSRP

[RonP]

Originally Posted by SamArj

I'd be willing to bet money that in central London the OP has zero chance of this working. I suspect the moment RonP drops this bombshell it will be more cringe than any of David Brent's finest moments.

(For our American cousins; David Brent is the main character from The Office played by Ricky Gervais)

If you don't ask then you'll never get!

[RonP]

Originally Posted by LVx2

Are you a licensed solicitor who practices criminal law or a crown attorney in Great Britain?

[zengineer]

Originally Posted by csaltphoto

So selling under MSRP is ok and over is not? I read lots of posts of people buying Rolexes for discounts (years ago).

I don't think Rolex encourages either but yes, charging above is different in their eyes.

Personally, I have no problem understanding how the two are completely different.

Sent from my SM-G991U using Tapatalk

[Ichiran]

In substance if there is no cap, AD will effectively be selling at market value, which means you can buy all your Rolex from AD and they will be freely available. I like that.

In fact, my AD used to sell at market value a few years ago until Rolex stopped their practice. I bought my BLNR at a slight premium but no wait at all.

[zengineer]

Originally Posted by LVx2

Are you a licensed solicitor who practices criminal law or a crown attorney in Great Britain?

Some people way overestimate the status of a jewelry store in the grand scheme of criminal hierarchy. No police agency does or should care about whether an AD is following the agreement between them and Rolex.

Sent from my SM-G991U using Tapatalk

[hlash99]

just get an Omega, they've effectively duplicated a lot of Rolex's catalog anyway, readily available and with arguably better movements.

[Rashid.bk]

They do already, but on another level, it's called bundling.

[buffetwarren]

ADs won’t do this because they’d risk losing their AD status. They could get reported or Rolex could send a secret shopper and catch them. ADs work around this via spend history and bundling.

[teck21]

Originally Posted by RonP

Exactly. Do you think Rolex is going to revoke the AD status from a company that generates most of their revenue in the UK?

Rolex has never had it so good, why change anything?

The fact that any entity with the means to set up a Rolex franchise knows just what a lucrative gig it is.

There is no shortage of capable replacements for any AD / chain of ADs.

That’s where Rolex’s power over ADs come from.

That’s why so many are so eager to toe the line regarding selling only at msrp.


Sent from my iPhone using Tapatalk

[Gab27]

I think most would probably frown upon this and not want to do business with you because this is a potential liability that could jeopardize their ability to sell Rolex, which is probably the brand that brings the most people into their store.

ADs definitely prefer to sell additional items with watches, but that is an entirely different situation.

[GB-man]

Originally Posted by LVx2

Juicy thread, lol

Interesting that the only guy who actually did this and isn’t just speculating about what would happen was successful.

Lol I’m not the only guy. This AD was notorious for selling above msrp. Times have changed though. Now they can get people to spend 100k + in store to get a Daytona. Back then it wasn’t the case.

[GB-man]

Originally Posted by Cigars&Watches

wow, what country?

Snitching doesn’t appeal to me. It was 5 years ago anyways at this point.

[Sprezzatura!,]

Happens all the time already, just via another route.

They simply make many buy sh*t they don’t want in order to obtain a Rolex anyway.

Similar profit margins.

[SamArj]

Originally Posted by RonP

If you don't ask then you'll never get!

Ok, let us know how you get on then....

[514]

Just offer them to pay a rushed delivery fee if they can get one live and that you would just need to run at the bank and get cash to pay if they are able to find one for you.

[Lewi777]

I've tried .. you'll get nowhere

[watchamatic]

@RonP, any news? How did it go?

[stevestil]

i wouldn’t do this. don’t think it will get you anywhere and probably won’t help you for future purchases either.


Sent from my iPhone using Tapatalk

[desertwanderer]

Originally Posted by watchmaker

Did the queues of people around the world frantically trying to buy and flip the MoonSwatch two weeks ago not show what the obvious answer is?

Or were they actually queues of Swatch boutique employees.

It's abundantly clear that the overwhelming majority of watches in the secondary market come from flippers, and backdoor deals the minority. ADs have something tangible to lose, and that puts most off. Flippers have nothing to lose.

You raise an interesting example there.... I went down to the Dubai Mall to the Swatch Boutique on release morning. The watches were 'sold out' before the shop even officially opened. Since very early hours some VVIP's had been taken into the store in small numbers and allowed to buy watches ahead of opening.... Was it fair? No.... Were they flippers? Who knows!... Maybe they were just special people.

I went and had a coffee.

[zengineer]

Originally Posted by buffetwarren

ADs won’t do this because they’d risk losing their AD status. They could get reported or Rolex could send a secret shopper and catch them. ADs work around this via spend history and bundling.

Well...maybe.

Would it really be that risky with even a little effort and planning?

Let's say I own an AD. I tell 3 golf buddies (that I trust) I can get them a Daytona at retail if they (or a spouse or sibling) also play along and buy a GMT a few weeks or months before or after. The deal is I refund their GMT purchases in cash or maybe bitcoin and I now have 3 GMTs to sell at market price.

Is there really a significant chance Rolex would detect anything?

Sent from my SM-G991U using Tapatalk

[Tdorb32]

You gotta be kidding right? There are lots of obvious reasons why they would never take such deal, the best they could do will be to refer you to any of their customer that is on waiting list for it that could take up the deal without feeling like the AD orchestrated such deal for personal gain.

[Cauhauna]

It's 5:30PM in London
Perhaps RonP is at dinner celebrating his new watch purchase.

[Nairn1980]

Originally Posted by RonP

Has anyone here ever offered an AD more than the MSRP and had any success?

Here in the UK a no date submariner is £7150, how do you think they would react if you offered them £10,000? Would that tempt them financially or would they still think that they are not making enough on that sale.

I'd rather do this than buy stuff that I don't need.

I definitely wouldn’t
Makes you seem desperate, and likely will backfire.

[cryptowalkway]

Originally Posted by padi56

Why anyone would even think of offering any more than MRSP from a official Rolex AD defeats me.

Well that doesn’t surprise me at all. Sharpen up

[zengineer]

Originally Posted by Cauhauna

It's 5:30PM in London
Perhaps RonP is at dinner celebrating his new watch purchase.

I heard that dinner rumor has been confirmed. Unfortunately, he took the Tube home and it was stolen.

Sent from my SM-G991U using Tapatalk

[RRGHOST1]

I'm with Padi on this ! Why on earth would you offer to pay more than the price of the watch ?

[Number3]

Originally Posted by Cauhauna

It's 5:30PM in London
Perhaps RonP is at dinner celebrating his new watch purchase.

Maybe Ron got arrested....?

[train-time]

I suspect if you ask upfront if they would accept more that MSRP for a particular reference that they would politely decline, especially if they did not know you. You may want to ask if they accept trades towards some of the more desirable models and see what they say. In my experience this may open the discussion up somewhat to leverage the acquisition of a hard-to-get reference.

Back in 2018 after being on the wait list for a Pepsi for a year and a half I told my AD that I was going to gather and strap 50 $100 bills and take a ride up the highway and stop at every AD along the route and offer the bundle to the first AD that frees one up for me. The manager of my AD responded that I would not likely be successful, but then said do I have anything I wanted to trade? My trade plus some cash and a few days later I had my new Pepsi.

[Subzy]

Originally Posted by Cauhauna

It's 5:30PM in London
Perhaps RonP is at dinner celebrating his new watch purchase.

Maybe RonP is actually Ronnie Pickering

Just go in there ask for a Sub and tell them your Ronnie Pickering from youtube. You may get lucky !

[webble1]

So what happen Ron (or is this going to be another famous 9 day wait!!!)