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StarSovereign · 4 January 2010, 08:08 AM

I've heard that if you offer an AD cash the price of a watch usually goes down. This may be a stupid question, but does "cash" mean paying with a check or do I litterally have to have my 10k in an envelope ready to go? I just don't want to look likie a complete novice when I go shopping for my TT Ceramic Sub later this month at a couple of AD's.

Thanks!

Art 1 · 4 January 2010, 08:14 AM

I have paid with both cash and check. It didn't seem to matter to the dealer either way.

submariner16610 · 4 January 2010, 08:16 AM

Quote:

Originally Posted by StarSovereign

I've heard that if you offer an AD cash the price of a watch usually goes down. This may be a stupid question, but does "cash" mean paying with a check or do I litterally have to have my 10k in an envelope ready to go? I just don't want to look likie a complete novice when I go shopping for my TT Ceramic Sub later this month at a couple of AD's.

Thanks!

cash..not check.. ask for a good discount. for tt models they can usually give 20-25% off.. goodluck..

TimeToGo · 4 January 2010, 08:17 AM

I guess the means of cash versus a credit card. which will charge the AD about 3%, WOULD make a difference.

Warnsboy · 4 January 2010, 08:27 AM

I have found that Cash, being paper money, might get you a break in sales tXXXXs as well.

smallcandle · 4 January 2010, 08:31 AM

I would think use of a check would serve the purpose of "cash". To be clear, though, perhaps asking your AD their preference (before purchase day) will make sure you get the best deal possible.

Speed · 4 January 2010, 08:35 AM

Cash is ( in the US ) the green and black / other hues paper stuff.

Verifying a check is a pain and adds to the crap you are trying to cut through by throwing down some Dead Presidents (or perhaps monarchs in other parts of the world).

Ask Justin, our tattoo artist / Rolex fiend on TRF about throwing down (literally) a stack of bills at an AD!!!

Wolfgang427 · 4 January 2010, 08:38 AM

CASH means CASH, not a check.

Go get your money out of the shoe box and then you go make your best CASH deal.

Idle Swede · 4 January 2010, 08:43 AM

Quote:

Originally Posted by wolfgang427

CASH means CASH, not a check.

Go get your money out of the shoe box and then you go make your best CASH deal.

Wolfgang,

Looks like 10K is missing in the box?

I thought it was 200K last time and now it looks like only 190K?

Tools · 4 January 2010, 09:06 AM

I don't think that most of the chain stores care how you pay for it... In most of the cases, they're just sales staff making a sale..

Art 1 · 4 January 2010, 09:08 AM

Quote:

Originally Posted by Tools

I don't think that most of the chain stores care how you pay for it... In most of the cases, they're just sales staff making a sale..

I once paid with 9k in cash and they acted like it was nothing. They did take me into a back room to do the transaction.

watchnut · 4 January 2010, 09:11 AM

Just make sure the ink is dry and mix a few old bills in with the new ones.

The GMT Master · 4 January 2010, 09:15 AM

Spare a thought for the poor tossers at the AD (like me) who have to count all of those notes up!

Lol-x · 4 January 2010, 09:15 AM

Who cares about the cash that shoe box is priceless

gregdolley · 4 January 2010, 09:29 AM

Quote:

Originally Posted by StarSovereign

I've heard that if you offer an AD cash the price of a watch usually goes down. This may be a stupid question, but does "cash" mean paying with a check or do I litterally have to have my 10k in an envelope ready to go? I just don't want to look likie a complete novice when I go shopping for my TT Ceramic Sub later this month at a couple of AD's.

Thanks!

"Cash" really means any form of payment where the AD is guaranteed all of the money up front. So if you pay in _real_ cash, then obviously it's guaranteed. If you pay with a credit card, as long as the card doesn't decline, they know they'll get the money in a couple days from the merchant account processor.

Now obviously a check is not guaranteed to clear, but most AD's use this system called "Telecheck" where the company, Telecheck, Inc., pays the AD the check value (minus Telecheck's commission for taking the risk). If the check is actually bad, then Telecheck loses the money, but they still have to pay the AD. So no matter what, the AD gets paid. This is why some AD's take a check just like cash.

nektar · 4 January 2010, 09:35 AM

Quote:

Originally Posted by Tools

I don't think that most of the chain stores care how you pay for it... In most of the cases, they're just sales staff making a sale..

exactly.. furthermore, the visa charges 2%, the amex 3% and the mastercard 1%, so what you can do is to say that you will pay with cash/check (..is the same) and maybe you will have a decrese of 2-3%..of coursr most cc now gines you back at least 1%, so am not sure if the whole procedure has any significant meaning.

of course, the managers/ nice ladies etc of an ad do not care about this/ and i also am not sure that 50 or 40 dollars less worth the task....

StarSovereign · 4 January 2010, 09:40 AM

Thanks for the quick answers! So, if I go into an AD and ask for 20% off a new TT Ceramic Sub in addition to no sales tax, which is 9.25% in my area, and I offer to pay with cash will I get the watch? Or will I be laughed out the door?

Art 1 · 4 January 2010, 10:01 AM

Quote:

Originally Posted by StarSovereign

Thanks for the quick answers! So, if I go into an AD and ask for 20% off a new TT Ceramic Sub in addition to no sales tax, which is 9.25% in my area, and I offer to pay with cash will I get the watch? Or will I be laughed out the door?

You may be able to get 20% off for a TT watch, don't know about sales tax.

Mr. K · 4 January 2010, 10:13 AM

Quote:

Originally Posted by StarSovereign

Thanks for the quick answers! So, if I go into an AD and ask for 20% off a new TT Ceramic Sub in addition to no sales tax, which is 9.25% in my area, and I offer to pay with cash will I get the watch? Or will I be laughed out the door?

I have not bought a Rolex it quite some trime. Used to be up to 10% on SS models, 10-15% on TT, 15% up to 25% or more on all gold/platinum models depending on any stones. (or around those % discounts)

BUT, have been seeing other posts where people seem to get up to 25% on SS sports models with NO TAX. So times are changing and in your favor. Down economy if you ask me. So know that discounts are flowing freely and it is not like it used to be.

Like it was said by someone else in another post, the most they can say is "no".

Good luck.

watchnut · 4 January 2010, 10:14 AM

Quote:

Originally Posted by StarSovereign

Thanks for the quick answers! So, if I go into an AD and ask for 20% off a new TT Ceramic Sub in addition to no sales tax, which is 9.25% in my area, and I offer to pay with cash will I get the watch? Or will I be laughed out the door?

The way it went when I bought my new Sub was, I looked at the sticker price, asked the salesman if that was their best price and he talked to the owner and came back with a price that was 20% off, tax and all. I always ask their price "out the door", meaning tax and wax. I don't remember if I paid cash or check. Later. when I got my Daytona for MSRP, I asked if they minded if I used Mastercard and they didn't have a problem. I figured I might as well get the rewards on the card since I pay it off monthly anyway.

Mr. K · 4 January 2010, 10:15 AM

Quote:

Originally Posted by wolfgang427

CASH means CASH, not a check.

Go get your money out of the shoe box and then you go make your best CASH deal.

Wolfgang .... NICE photo.

Leasky · 4 January 2010, 10:47 AM

Cash, to me, means bundles and bundles of money.

I appreciate that there is more cover with plastic but I have paid for all but one of my Rolex watches in cash.

The only draw-back in the UK now is that some banks and some shops ask all sorts of silly questions if any withdrawl / deposit / payment is over 10K (GBP) cash (bundles of money).

I prefer to use cash and do so whenever I can as it usually leads to a better deal.

Watch Professor · 4 January 2010, 10:51 AM

There are advantages to pay by credit card. Many cards will extend a warranty. Also, if you get cash back, it's like getting 1-2% discount.

sea-dweller · 4 January 2010, 11:31 AM

I've always paid with a credit card at an AD, but still managed a discount. I suppose my discount would have been more significant if I paid with cash !

bradg · 4 January 2010, 11:46 AM

Cash is King..keep it in your pocket and use plastic

jrssv · 4 January 2010, 02:22 PM

Cash is easy to syphon off to escape taxes.

Speed · 4 January 2010, 02:36 PM

Quote:

Originally Posted by StarSovereign

Thanks for the quick answers! So, if I go into an AD and ask for 20% off a new TT Ceramic Sub in addition to no sales tax, which is 9.25% in my area, and I offer to pay with cash will I get the watch? Or will I be laughed out the door?

I see you are in the Bay Area... Please avoid "Turdneau" just my opinion.

MikeyTX · 4 January 2010, 02:50 PM

Quote:

Originally Posted by speed

i see you are in the bay area... Please avoid "turdneau" just my opinion.

x2 !

Alan111 · 4 January 2010, 03:20 PM

CASH is KING!!!! $$$$$$$$$$$$$$$$$$$$$

henrysd43 · 4 January 2010, 03:27 PM

Cash Rules Everything Around Me

4 January 2010, 08:08 AM	#1
StarSovereign "TRF" Member Join Date: Apr 2009 Real Name: Erik Location: Bay Area, CA Watch: 116234, 116710LN Posts: 936	I'm paying with cash... I've heard that if you offer an AD cash the price of a watch usually goes down. This may be a stupid question, but does "cash" mean paying with a check or do I litterally have to have my 10k in an envelope ready to go? I just don't want to look likie a complete novice when I go shopping for my TT Ceramic Sub later this month at a couple of AD's. Thanks!

4 January 2010, 09:06 AM	#10
Tools TRF Moderator & 2024 DATE-JUST41 Patron Join Date: May 2007 Real Name: Larry Location: Mojave Desert Watch: GMT's Posts: 43,172	I don't think that most of the chain stores care how you pay for it... In most of the cases, they're just sales staff making a sale.. __________________ (Chill ... It's just a watch Forum.....) NAWCC Member

4 January 2010, 09:11 AM	#12
watchnut "TRF" Member Join Date: Feb 2007 Real Name: David Location: SW Fla Watch: SS Daytona & TT DJ Posts: 1,430	Just make sure the ink is dry and mix a few old bills in with the new ones. __________________ "Ever higher. Ever better": Patrick Heiniger

4 January 2010, 09:15 AM	#14
Lol-x Facilitator Join Date: Nov 2005 Real Name: Steve Location: Omnipresent Posts: 33,270	Who cares about the cash that shoe box is priceless __________________ *Most folks are about as happy as they make up their minds to be.* ~Abraham Lincoln Nothing compares to the simple pleasure of a bike ride. ~John F. Kennedy ROLEXploitation - yeah I'm a victim

4 January 2010, 11:31 AM	#24
sea-dweller "TRF" Member Join Date: Oct 2007 Real Name: Dennis Location: Bay Area - 925 Posts: 40,018	I've always paid with a credit card at an AD, but still managed a discount. I suppose my discount would have been more significant if I paid with cash ! __________________ TRF Member #6699 (since September 2007)

4 January 2010, 08:14 AM	#2
Art 1 Banned Join Date: Feb 2008 Location: Florida, Canada Watch: Rol/Seik/Tud/Omega Posts: 30,244	I have paid with both cash and check. It didn't seem to matter to the dealer either way.

4 January 2010, 08:17 AM	#4
TimeToGo 2024 ROLEX DATEJUST41 Pledge Member Join Date: Sep 2008 Location: North Florida Posts: 16,627	I guess the means of cash versus a credit card. which will charge the AD about 3%, WOULD make a difference.

4 January 2010, 08:27 AM	#5
Warnsboy "TRF" Member Join Date: Oct 2009 Real Name: Michael Location: Midwest-USA Watch: 5513 Posts: 1,942	I have found that Cash, being paper money, might get you a break in sales tXXXXs as well.

4 January 2010, 08:31 AM	#6
smallcandle "TRF" Member Join Date: Mar 2009 Real Name: Brian Location: Kansas Watch: 16610, Omega PO Posts: 1,898	I would think use of a check would serve the purpose of "cash". To be clear, though, perhaps asking your AD their preference (before purchase day) will make sure you get the best deal possible.

4 January 2010, 08:35 AM	#7
Speed "TRF" Member Join Date: Aug 2009 Location: USA Posts: 19,705	Cash is ( in the US ) the green and black / other hues paper stuff. Verifying a check is a pain and adds to the crap you are trying to cut through by throwing down some Dead Presidents (or perhaps monarchs in other parts of the world). Ask Justin, our tattoo artist / Rolex fiend on TRF about throwing down (literally) a stack of bills at an AD!!!

4 January 2010, 09:15 AM	#13
The GMT Master "TRF" Member Join Date: Jul 2008 Real Name: Chris Location: England Posts: 8,149	Spare a thought for the poor tossers at the AD (like me) who have to count all of those notes up!

4 January 2010, 09:40 AM	#17
StarSovereign "TRF" Member Join Date: Apr 2009 Real Name: Erik Location: Bay Area, CA Watch: 116234, 116710LN Posts: 936	Thanks for the quick answers! So, if I go into an AD and ask for 20% off a new TT Ceramic Sub in addition to no sales tax, which is 9.25% in my area, and I offer to pay with cash will I get the watch? Or will I be laughed out the door?

4 January 2010, 10:47 AM	#22
Leasky "TRF" Member Join Date: Jun 2008 Real Name: Colin Leask. Location: Scotland, UK. Watch: 118238 YG DD. Posts: 723	Cash, to me, means bundles and bundles of money. I appreciate that there is more cover with plastic but I have paid for all but one of my Rolex watches in cash. The only draw-back in the UK now is that some banks and some shops ask all sorts of silly questions if any withdrawl / deposit / payment is over 10K (GBP) cash (bundles of money). I prefer to use cash and do so whenever I can as it usually leads to a better deal.

4 January 2010, 10:51 AM	#23
Watch Professor "TRF" Member Join Date: Oct 2009 Real Name: Myron Location: New York Watch: GMT IIC; Sub Date Posts: 3,166	There are advantages to pay by credit card. Many cards will extend a warranty. Also, if you get cash back, it's like getting 1-2% discount.

4 January 2010, 11:46 AM	#25
bradg "TRF" Member Join Date: Nov 2008 Real Name: Brad Location: Pittsburgh Pa Watch: 14060M,GMT1675, Posts: 650	Cash is King..keep it in your pocket and use plastic

4 January 2010, 02:22 PM	#26
jrssv Member Join Date: Oct 2009 Location: Arizona Posts: 386	Cash is easy to syphon off to escape taxes.

4 January 2010, 03:20 PM	#29
Alan111 "TRF" Member Join Date: Nov 2008 Location: NYC Posts: 1,605	*CASH is KING!!!! $$$$$$$$$$$$$$$$$$$$$*

4 January 2010, 03:27 PM	#30
henrysd43 Member Join Date: Oct 2009 Real Name: Henry Location: San Diego, CA Posts: 15	Cash Rules Everything Around Me

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