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29 February 2020, 01:27 AM | #31 |
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Why is it that these cockamamy threads always come from new members...? I'm sceptical of the entire story, it's always what is not being said, that leads to the truth......
MSRP is implemented to protect their global dealer network----think car dealer. Level playing field.... |
29 February 2020, 01:31 AM | #32 |
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Newly registered user, with a single post, and a ridiculous name, creates an inflammatory new thread as his first post.
Yeah, I think it's a troll. |
29 February 2020, 02:12 AM | #33 | |
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I could be wrong but are the grays really buying them for 13k? Maybe they are in which case I hope they enjoy it while it lasts. But I think their margins are much smaller. |
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29 February 2020, 02:25 AM | #34 |
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My comment was really directed at the people PAYING $24,000 for a $13,000 watch. That just blows my mind.
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29 February 2020, 02:26 AM | #35 | |
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Why would they have to do deals with greys through the backdoor. Just sell direct to all the customers wanted watches and cut out the grey. |
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29 February 2020, 02:31 AM | #36 | |
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29 February 2020, 03:04 AM | #37 |
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Yep, and as the OP said, he doesn't want to buy from a grey dealer. So you're getting the watch you want, today, at market price from a brick-and-mortar shop. If you are comfortable with the coin, it seems a good deal for you.
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29 February 2020, 03:10 AM | #38 |
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Isn’t the problem here that the AD in Artesia is selling Rolexes over MSRP, which is probably against their contract with Rolex Corporate?
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29 February 2020, 03:11 AM | #39 |
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I was actually offered a same deal from Bhindi and their other location as well.
Card for the MSRP + Tax and rest premium in cash. I am assuming they keep the cash for good old pure profit. No tax, cash in their pocket. |
29 February 2020, 03:16 AM | #40 |
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29 February 2020, 03:19 AM | #41 | |
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Until someone posts the text of this so-called policy, the price is suggested.
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29 February 2020, 03:20 AM | #42 |
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Do you really want a Daytona that much? Seriously? I would tell that AD things I am too polite to write here and never go back there. That's dishonest as possible.
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29 February 2020, 03:21 AM | #43 | |
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Quote:
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29 February 2020, 03:22 AM | #44 |
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Once Rolex allocates a watch to an Authorized Dealer they are free to charge whatever they want. Rolex can only make "suggestions" for the ADs to follow.
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29 February 2020, 03:26 AM | #45 |
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29 February 2020, 03:37 AM | #46 |
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Then why don’t the dealers just outright post the price they want, instead of bundling or verbally offering a higher price?
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29 February 2020, 05:04 AM | #47 |
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Offering you to pay half CC and half cash because they show Rolex Corporate that they didn't sell it over MSRP via the CC payment and then pocket the cash so it looks clean on their books. Shady stuff from an AD.
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29 February 2020, 05:07 AM | #48 |
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29 February 2020, 05:28 AM | #49 |
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29 February 2020, 05:40 AM | #50 |
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29 February 2020, 06:26 AM | #51 |
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You could be not only looking at tax fraud but this is definitely a practice that Rolex will slam down the gavel on. If they're selling used that's ok. If they're selling it new, then Rolex will have their heads
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29 February 2020, 07:08 AM | #52 |
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The poster who actually named the boutique, is the second one.
I only post because this whole shady business is frustrating for those of us who aren’t fortunate enough to have six figure buying history at an AD just to buy a watch |
29 February 2020, 07:16 AM | #53 |
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Wow, thanks for posting this. I have been on a waitlist for the Batman from them for 16 months (I was on the list for the prior version, and switched to the current once the change was made). I felt like a year+ for a watch that doesn't seem too difficult to get was ridiculous.
They seemed to have fake lists, this would make sense. I guess I should put my name down somewhere else and wait another year lol. |
29 February 2020, 07:30 AM | #54 | |
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I had a local AD offer me a 116500 for $17K a couple years ago. He had a story about how he’d traded for it with another dealer. I didn’t believe that, I think he was trying to sell me his stock over MSRP but make me think otherwise. His Rolex account was yanked a year later, lots of rumors abound locally and this practice was mentioned by others. |
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29 February 2020, 07:33 AM | #55 | |
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What dealers choose to do or say is up to them. From yet another thread today on the very same topic
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29 February 2020, 07:34 AM | #56 |
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If that’s the case, why doesn’t the AD just list the market price on the sticker, instead of having to verbally offer a number? Could cut out grey dealers and save everyone a headache. Also, in this case, why wouldn’t they offer the full msrp on CC instead of making half cash and half CC?
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29 February 2020, 07:35 AM | #57 |
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Then why don’t they just straight up post the market prices, in sticker, on the watch instead of verbally telling the client the price they want?
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29 February 2020, 07:37 AM | #58 | |
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Op first post. ...hmm. But multiple people report same thing makes me wonder. |
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29 February 2020, 07:40 AM | #59 |
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29 February 2020, 07:42 AM | #60 | ||
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If MSRP was truly that they would not have to tell anyone anything. And perhaps you should let Rolex know that they are using the "suggested" word on their website for their products Quote:
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