Reply With QuoteThe price is clearly stated on their website.
I am trying to buy a new 2017 116610, what is the going rate for one at an AD? I have seen new/unused 2017 being sold at prices I believe to be above the mrrp.
Any help/advice would be great.
The price is clearly stated on their website.
Ah, but you can't post a WTB there...
The going rate is about £6250, but there is a waiting list. Some dealers offer the watch at a premium if they have it in stock.
I should have been more clear in my post. I know the mrrp is £6250. My aim was to find out if the AD are selling them at a premium as well as the new/unused Grey dealers seem to be doing.
Many thanks for your reply. It appears both AD and grey dealers are charging a premium for physical stock.Originally Posted by estoban7
ADs are not allowed to sell new watches at a premium.
ADs, really? Not my experience for new stock.
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exactimundo.
As others have said, ADs cannot charge over RRP but will maintain waiting lists for desirable models, hence why you never see them in shop windows. Any grey dealer or second hand dealer picking up a new watch will charge a premium, but they have the watch and will sell it to you today.
Take the ceramic Daytona as a perfect example, pay over the odds and jump the queues and be wearing it tomorrow or go on a 7 to 10 year waiting list, if you are lucky.
The examples at grey dealers will in the main have come from people getting theirs at RRP from the AD and then immediately selling for a profit.
Estoban mentioned it. I also spoke with an AD who was rather cagey when discussing price.
If you want one from an AD get on a waiting list (I'm on one and hope yo get one in the next few months).
They have to sell at the price set by Rolex, unlike grey dealers who can charge a hefty premium.....
Rolex requires that a copy of the bill/receipt for every Rolex sold by AD be sent to them.
An authorised Rolex dealer was cagey about telling you the price of a watch?
Doesn't make any sense, none of it does to be honest.
Assuming its a 116610LN the OP is chasing, its a standard current Rolex sub date.
The waiting list should be short and there's surely no need to pay over the RRP unless its the wife's birthday in 2 days and you've forgotten to put the bins out this week?
ADs tell me it's not every sale, only ones picked at random by Rolex.
Hello,
It's Sunday, my fractured elbow is still sore and I didn't sleep well, so I'm Mr Grumpy,
OP you've been a forum member for 4 years, hasn't anything sunk in?
Last edited by number2; 20th August 2017 at 08:36.
"Once is happenstance. Twice is coincidence. The third time it's enemy action."
'Populism, the last refuge of a Tory scoundrel'.
no they are not, or shouldn't be. My local AD is selling them at RRP as per the Rolex website.
I would buy one new form my local AD, except I might be going the route of buying it abroad and saving some VAT.
Now that sounds interesting.
Care to share how one can save VAT by buying abroad?
Someone who lies about the little things will lie about the big things too.
Yep, unless you want it now of course
I can only presume he means buying whilst away and bringing it back himself?
I suspect where some of the confusion comes from is so many high street jewellers expanding into the world of pre-owned watches, where one branch maybe a Rolex AD selling brand new watches at RRP, you then have another branch/chain of jewellers you might expect to be an AD with a display of used Rolex in the window, potentially marked up above RRP.
Ah, what you call 'saving' is in reality tax fraud. Thanks for elaborating.
Someone who lies about the little things will lie about the big things too.
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