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Old 5 August 2019, 02:25 AM   #1
Socal81
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AD sold me a Daytona ceramic BUT made me buy 10k in diamond too, help?

I was offered a black face ceramic Daytona by my AD which is a well known Jewler BUT before selling to me they said I must “qualify” for the purchase and must also buy 10k of diamond jewelry.

First question, is this even legal? It seems very shady to me.

Second, I’m NOT a flipper I will keep this watch forever. But I’m stuck with 10k of additional jewelry I won’t use. Has anyone run into this before and what was the solution?

Is it a bad look if I return the jewelry because I legitimately don’t have any use for it?

Anyone who has run into this and who can provide feedback on a solution and what the AD dud afterwards, I greatly appreciate any feedback you can provide.
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Old 5 August 2019, 02:27 AM   #2
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You paid a premium but at least have some overpriced jewelry to show for it? Better than just a premium.

I can't offer any advice, the only pre purchase I made was a BLNR before I got mine.

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Old 5 August 2019, 02:35 AM   #3
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I am still waiting for that type of swindling by an AD .I promise,I will make life miserable for the AD .A lot of written letters will be sent .

If an AD wants to sell me a watch I am interested in ...fine .If not ...also fine
.Just dont come with silly "bundling/package deals " for "qualification" .What absolute nonsense !!
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Old 5 August 2019, 02:37 AM   #4
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Are you married?
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Old 5 August 2019, 02:37 AM   #5
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Simple tell him you want to try the daytona on first to see if it fits then slip and fall on the ground and send the daytona flying across the room.

Ignore the watch don't get up for about 10 minutes.
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Old 5 August 2019, 02:40 AM   #6
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I’d be asking if you could buy something other than diamonds. Other watches, gold, or other jewelry. At least with gold you tend to get your money back if you buy right.
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Old 5 August 2019, 02:40 AM   #7
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I am married but my wife is not imeo diamonds. We would have been better off allowing us to buy another watch, but they said it MUST be a diamond purchase. I’m thankful I got my Daytona but I feel used and cheated in the process.

If anyone has a practical solution without messing up the next purchase please share
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Old 5 August 2019, 02:42 AM   #8
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from what I understand you have to spend at the AD to get those desirable sports pieces. When you ad the 10K you spent plus the retail price of the Daytona and sales tax, It's the same as buying on the secondary market, but now you could try to sell the jewelry and get some of the cost back.
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Old 5 August 2019, 02:42 AM   #9
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If you don’t have any use for the jewellery, don’t get it.

I was offered my BLRO if I just picked up any two of the junior brand, but I’ve had my fill of them.

So I told her I’ll pass for this round.

If some other SA, or some other customer of hers is willing to do that, or has a ‘higher standing’ than I do, they can have it!

I don’t mind waiting.


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Old 5 August 2019, 02:43 AM   #10
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Quote:
Originally Posted by Socal81 View Post
I am married but my wife is not imeo diamonds. We would have been better off allowing us to buy another watch, but they said it MUST be a diamond purchase. I’m thankful I got my Daytona but I feel used and cheated in the process.

If anyone has a practical solution without messing up the next purchase please share
You should have asked the forum before the purchase .There are many on here with lots of knowledge and experience .That's what makes TRF great .
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Old 5 August 2019, 02:44 AM   #11
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there is no practical solution. They now think of you as a guy who will buy useless diamonds with his watches. You will probably get more similar offers from them soon for other hot references.
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Old 5 August 2019, 02:47 AM   #12
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Sadly, this has become an all to common occurrence in the Rolex AD world. I don’t believe that there is anything illegal with the practice however. Unethical, perhaps. Unfortunately, the time to act would have been to decline the offer. My guess is that the vast majority of the responses you get to this thread, as has been the case with comparable ones, was to walk away from the deal. No thank you! Depending on the terms of sale, guess you could try to return the jewelry.
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Old 5 August 2019, 02:48 AM   #13
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I'd pass and wait for another from a different AD. If they have a return policy with 100% refund however I'd take the deal. But I doubt that is the case.

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Old 5 August 2019, 02:49 AM   #14
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If they want to play a BS game then you should too. Buy that package deal and then return the jewelry later that same day!

Alternate universe Quid pro quo.
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Old 5 August 2019, 02:51 AM   #15
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Quote:
Originally Posted by TswaneNguni View Post
I am still waiting for that type of swindling by an AD .I promise,I will make life miserable for the AD .A lot of written letters will be sent .



If an AD wants to sell me a watch I am interested in ...fine .If not ...also fine

.Just dont come with silly "bundling/package deals " for "qualification" .What absolute nonsense !!

Bundling though, morally outrageous as it sounds, is simply not illegal. And Rolex certainly leaves it to ADs to decide if they want to insist on it.

Supermarkets always have ‘purchase with purchase’ deals. You buy this and you can have that.

After all, contractually the retailer owes nothing to the buyer until the buyer makes an offer to buy the item after accepting whatever conditions the seller has imposed.





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Old 5 August 2019, 02:52 AM   #16
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Ok,lets look at a positive solution ...

You got the Daytona from an AD
With the 10k jewellery you still got it for less than grey pricing .
If you sell the jewellery ,even at a very high loss ,you get some money back .

In this scenario at least you still have the Daytona at much lower than market/Grey pricing .
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Old 5 August 2019, 02:53 AM   #17
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If I read the OP’s opening post my impression was that the deal was already done. Correct OP?
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Old 5 August 2019, 02:53 AM   #18
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You might get $1500 back on a $10,000 “used “ diamond.
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Old 5 August 2019, 02:53 AM   #19
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I have been told by numerous ADs in the SoCal area that SS Sport models are reserved for past clients with purchase history. I guess that meant people that either bought the PM subs/watches or bundled it with some jewelry. I really want a 126710BLNR, but unfortunately reserved for higher spend/past clients.


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Old 5 August 2019, 02:53 AM   #20
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I’m not even going to post what my response would have been to that.

Those are the ADs that Rolex should weed out. There is NO difference in that - and the 150% secondary market - markup.

ADs trying to a degree ‘extort’ clients....sad. The ONLY reason it wouldnt be considered a criminal act - is there’s no force. Still sad.


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Old 5 August 2019, 02:54 AM   #21
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First of all an AD can't "make" you do anything. You must agree to the terms. That being said I think this is ridiculous but unfortunately not unheard of in todays world of watches. I would pass 100%. The spirit of the deal alone would turn me off, I'd rather pay over market then have a mandate.
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Old 5 August 2019, 02:56 AM   #22
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If the OP has no use for the diamonds, sell them or stick them on the Daytona!
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Old 5 August 2019, 02:56 AM   #23
Socal81
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Correct, the deal is done already. But the good thing is I purchased the jewelry separately in a separate transaction/receipt. And they have a 90 day return exchange policy. She verbally said I can exchange but if I bring back “they will want me to exchange for diamonds” but it’s a big AD, Ben & Bridge, and their online and official return policy says full refund or exchange within 90 days as long as jewelry is not customized r worn, which it is not.

I’m thinking I should return or exchange because I feel used, and if they are going to view me as the “up-sell” sucker each time and force me each time I might as well return.
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Old 5 August 2019, 02:56 AM   #24
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Quote:
Originally Posted by Socal81 View Post
I was offered a black face ceramic Daytona by my AD which is a well known Jewler BUT before selling to me they said I must “qualify” for the purchase and must also buy 10k of diamond jewelry.

First question, is this even legal? It seems very shady to me.

Second, I’m NOT a flipper I will keep this watch forever. But I’m stuck with 10k of additional jewelry I won’t use. Has anyone run into this before and what was the solution?

Is it a bad look if I return the jewelry because I legitimately don’t have any use for it?

Anyone who has run into this and who can provide feedback on a solution and what the AD dud afterwards, I greatly appreciate any feedback you can provide.
Cannot understand why you state they made you buy 10k of jewellery before getting a Daytona.All you had to say is no take a running jump and IMHO most all of these types of posts lately are more fiction than fact.
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Old 5 August 2019, 02:57 AM   #25
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Originally Posted by teck21 View Post
Bundling though, morally outrageous as it sounds, is simply not illegal. And Rolex certainly leaves it to ADs to decide if they want to insist on it.

Supermarkets always have ‘purchase with purchase’ deals. You buy this and you can have that.

After all, contractually the retailer owes nothing to the buyer until the buyer makes an offer to buy the item after accepting whatever conditions the seller has imposed.

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I wonder what Rolex SA would say about their product bundled with non-Rolex merchandise by an AD to make the Rolex sale .I do not think Rolex SA will think its funny ......
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Old 5 August 2019, 02:58 AM   #26
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I would take the diamonds back and tell them that after thinking about it you feel that they pressured you to buy the diamonds on a tit for tat basis and you no longer want them. You will probably lose status with the AD but they will probably give you your money back. Not sure of the legality of what they did but at a minimum I would think Rolex would frown on this.
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Old 5 August 2019, 02:59 AM   #27
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I'm not sure I understand why you felt you HAD to go through with it if you felt it was wrong.
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Old 5 August 2019, 02:59 AM   #28
TswaneNguni
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, Ben & Bridge, and their online and official return policy says full refund or exchange within 90 days as long as jewelry is not customized r worn, which it is not.
Great ! Use their rule in your favour !!
It takes two to tango ..
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Old 5 August 2019, 03:00 AM   #29
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Quote:
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Ok,lets look at a positive solution ...

You got the Daytona from an AD
With the 10k jewellery you still got it for less than grey pricing .
If you sell the jewellery ,even at a very high loss ,you get some money back .

In this scenario at least you still have the Daytona at much lower than market/Grey pricing .
Kind of this. While most of us despise doing deals this way another way to look at it is splitting the difference. The dealer is probably into the Daytona for 8-9K-ish, He could have moved it to a grey for at least double that. So in selling it to you he walked away from 9K but asked you to make that up with another high-profit item purchase. Help absorb his potential loss in other words. From your side of things you got a 25K watch for half that. If you want to retain the relationship I would see what another jeweler might offer for the diamond. If you get half what you paid then you have a Daytona for ~18K.

Yeah, kind of sucks but that is world we live in now.
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Old 5 August 2019, 03:01 AM   #30
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I wonder what Rolex SA would say about their product bundled with non-Rolex merchandise by an AD to make the Rolex sale .I do not think Rolex SA will think its funny ......

Until I read how Rolex does explicitly allow ADs to decide how they wish to allocate their pieces, I was not absolutely certain as well.

Their wording leaves in no uncertain terms this practice is something they do, at the very least, tolerate.


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