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Mosco · 24 January 2012, 07:20 AM

As of January 2012, Omega has lowered AD margins by 5% on regular production goods. This will trickle down to the used market within 3-6 months, so if you have a used one you're eyeing, do not take too long to close the deal, as they will be more expensive going forward..

mrbill2mrbill2 · 24 January 2012, 07:23 AM

Lowered the margins by 5% to what 35%?

Kringkily · 24 January 2012, 07:35 AM

It's actually 10% total Mosco unfortunately....

They increased wholesale from 55% of value to 60% and removed the 5% net/30 discount so yeah....they are going up

gregmoeck · 25 January 2012, 11:24 PM

get em while you can

bayerische · 25 January 2012, 11:25 PM

Times are obviously good!

experimentjon · 26 January 2012, 04:54 AM

Quote:

Originally Posted by Kringkily

It's actually 10% total Mosco unfortunately....

They increased wholesale from 55% of value to 60% and removed the 5% net/30 discount so yeah....they are going up

Wow, they had 5/10 net 30 terms? Is that typical of the industry?

That's like 95% APR financing if the AD forgoes the discount.

24 January 2012, 07:20 AM	#1
Mosco "TRF" Member Join Date: Dec 2008 Real Name: Greg Location: Cincinnati Watch: I like to... Posts: 18,567	AD margins slashed As of January 2012, Omega has lowered AD margins by 5% on regular production goods. This will trickle down to the used market within 3-6 months, so if you have a used one you're eyeing, do not take too long to close the deal, as they will be more expensive going forward.. __________________ Instagram - @CaliberSwiss *“A man who procrastinates in his choosing will inevitably have his choice made for him by circumstance.” - Hunter S. Thompson*

24 January 2012, 07:23 AM	#2
mrbill2mrbill2 "TRF" Member Join Date: Nov 2010 Real Name: Mr. Bill Location: South Florida Watch: 16610 Posts: 6,148	Lowered the margins by 5% to what 35%? __________________ Card Carrying Member of the Global Association of the Retro-Grouch-Curmudgeons - ID # 13

25 January 2012, 11:25 PM	#5
bayerische "TRF" Member Join Date: Nov 2009 Real Name: Andreas Location: Margaritaville Watch: Smurf Posts: 19,879	Times are obviously good! __________________ Yeah, well, you know, that's just, like, your opinion, man.

24 January 2012, 07:35 AM	#3
Kringkily "TRF" Member Join Date: Aug 2011 Real Name: George Location: New York Watch: Speedmaster, Rolex Posts: 3,082	It's actually 10% total Mosco unfortunately.... They increased wholesale from 55% of value to 60% and removed the 5% net/30 discount so yeah....they are going up

25 January 2012, 11:24 PM	#4
gregmoeck "TRF" Member Join Date: Mar 2010 Location: Maui Watch: Patek Posts: 2,032	get em while you can

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