Quote:
Originally Posted by tyler1980
AFAIK they own it, but w/o status they can't sell a warranted watch so people probably wouldn't buy it once they are no longer an AD. Its nice if Patek is buying them back but they would probably make more money just heavily discounting them... unless Patek is paying retail which i doubt.
No idea where my AD's AP stock went on Jan 1 when they no longer were an AP AD... they had a lot of high dollar watches and they are gone. They were still there dec 26th when i tried a bunch on. I kind of dont think AP bought them back so they may have gone to a broker or secondary dealer. They still wouldn't sell me one at cost  so they got more for them from someone,
probably goes like this... They all get sold in bulk to a dealer with active warranties the last day they are an AD. The dealer then sells them on as preowned watches that originally came from an AD so the COO is valid....unless the AD contract with the brand says otherwise, like they have the right to purchase back at 'X' price. |
This is likely why some greys will have a lot of watches available soon enough.
Also for any stores that are multiple branches - might just shift branches.