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Thread: Chances of discount on a PAM at Goldsmiths?

  1. #1
    Grand Master
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    Chances of discount on a PAM at Goldsmiths?

    My brother is finally going to buy a PAM, probably tomorrow, and Iím wondering whether he should be bargaining for a discount. Heís after the Base 01000 model at £4300. I wouldnít want him to be embarrassed by trying to negotiate when a discount isnít likely.

    What do you think? Worth a go? What percentage would you think likely.

    Thanks.

  2. #2
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    I donít think asking ďwhatís the best price you can doĒ would hurt. All they can say is no. Especially as this is not one of the ďhotĒ Rolex, AP or PP models.

    The watch shops would have you think business is thriving during and post lockdown and that customers need to scramble for stock. But we all know that is not the case!

    BW,
    Chi Kai


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  3. #3
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    Ih he;s plnning on using their 0% finance offer then the chances of a discount will be slim. However if paying by debit / credit card I think a 10% discount would be achievable. Dicsounts are down to managers discretion so just because someone has achieved a discount at one store doesnt mean it will be guven at another etc. But chances of a discount are greatly increased if you ask.

  4. #4
    Grand Master
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    Thanks all. Just spoken to him and he does want the 0% albeit with a couple of grand deposit. Goldsmiths was a resounding Ďnoí on the discount. Heís talking to Berryís now.

  5. #5
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    The barbers in Chichester are now charging £15 to cut the hair of a six-year-old boy. The mood seems to be for grabbing every penny. You can understand why. Doubt if jewellers are any different. They know there is money about.....
    Odd times.

  6. #6
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    Iíve only ever bought one PAM, a 590. I called two ADís and negotiated and both offered a good discount from memory. Iíd call half a dozen if need be to see what deals are about.

  7. #7
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    Discount

    Quote Originally Posted by TaketheCannoli View Post
    Thanks all. Just spoken to him and he does want the 0% albeit with a couple of grand deposit. Goldsmiths was a resounding Ďnoí on the discount. Heís talking to Berryís now.

    Having dealt with Berrys, they normally can give you a 5% discount and the 0%IFC, I think for 3 years on Panerai.
    They have an offer on at the moment which requires a 5%deposit rather than the usual 10%, which is maybe an indicator of tough times for many ADs.

    About a year maybe a little more, Panerai was one of the not available on IFC brands and that was instructed from Panerai themselves to the AD network if they wished to stock that brand. That business model changed pretty quickly when sales went South off the cliff.

  8. #8
    Might help if he buys nearer to the end of the month, at least the last week.

  9. #9
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    Quote Originally Posted by wileeeeeey View Post
    Might help if he buys nearer to the end of the month, at least the last week.
    True.... staff at the chains may be chasing for end of quarter results


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  10. #10
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    I'd already mentioned that to him, thanks.

    Quote Originally Posted by wileeeeeey View Post
    Might help if he buys nearer to the end of the month, at least the last week.

  11. #11
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    What about a grey dealer.

    I purchased my Omega from Swisswatchesdirect.

    They can source Panerai and it looks like you can expect 15% discount.
    They also mention 0% finance on the website.
    Might be worth a look.

    Cheers
    Duncan


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  12. #12
    Grand Master number2's Avatar
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    I naively thought that all Pams were acquired with a substantial automotic discount..
    Last edited by number2; 21st September 2020 at 06:22.
    "Once is happenstance. Twice is coincidence. The third time it's enemy action."

  13. #13
    Master mycroft's Avatar
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    Quote Originally Posted by number2 View Post
    I naively thought that all Pams were acquired with a substantial automotic discount..
    I assume that means you donít like them.

    Simon

  14. #14
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    Quote Originally Posted by mycroft View Post
    I assume that means you don’t like them.

    Simon
    Shall we say I'm not currently ''a convert''.

    How does automatic become automotic? Predictive text my ****.
    Last edited by number2; 21st September 2020 at 08:47.
    "Once is happenstance. Twice is coincidence. The third time it's enemy action."

  15. #15
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    Thanks Duncan, I'll pass that on.

    Quote Originally Posted by Duncanfisken View Post
    What about a grey dealer.

    I purchased my Omega from Swisswatchesdirect.

    They can source Panerai and it looks like you can expect 15% discount.
    They also mention 0% finance on the website.
    Might be worth a look.

    Cheers
    Duncan


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  16. #16
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    He gave them a call this morning and was less than impressed. Firstly he felt that he was interrupting the bloke who clearly couldn't be bothered to talk to him. He can get 10% off with 50% down to place the order and 50% paid once they get it in stock, no finance option.


    Quote Originally Posted by Duncanfisken View Post
    What about a grey dealer.

    I purchased my Omega from Swisswatchesdirect.

    They can source Panerai and it looks like you can expect 15% discount.
    They also mention 0% finance on the website.
    Might be worth a look.

    Cheers
    Duncan


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  17. #17
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    Quote Originally Posted by TaketheCannoli View Post
    He gave them a call this morning and was less than impressed. Firstly he felt that he was interrupting the bloke who clearly couldn't be bothered to talk to him. He can get 10% off with 50% down to place the order and 50% paid once they get it in stock, no finance option.
    Sorry to hear that, its a real shame when people are like that. What a really rubbish customer experience.... good luck with the search.


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  18. #18
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    Thanks, he seems to be making progress with Berry's this afternoon.

    Quote Originally Posted by Duncanfisken View Post
    Sorry to hear that, its a real shame when people are like that. What a really rubbish customer experience.... good luck with the search.


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  19. #19
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    Quote Originally Posted by TaketheCannoli View Post
    Thanks, he seems to be making progress with Berry's this afternoon.
    What deal did he get?

  20. #20
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    None yet. They're bringing the watch up from Leeds tomorrow then he'll go in to see them. They were open to discussing his wishes but he has to go in to do that. I'll keep you all posted.

    Quote Originally Posted by Devonian View Post
    What deal did he get?

  21. #21
    Craftsman Chewitt13's Avatar
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    Might want to keep his powder dry, watchfinder have 60 odd panerai in their presale

  22. #22
    Grand Master
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    Tell me more please. How do you know? Have you seen the pre-sale inventory?

    Quote Originally Posted by Chewitt13 View Post
    Might want to keep his powder dry, watchfinder have 60 odd panerai in their presale

  23. #23
    Craftsman Chewitt13's Avatar
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    Itís on the website, 1400 watches in presale, no prices yet

  24. #24
    Craftsman Chewitt13's Avatar
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    Chances of discount on a PAM at Goldsmiths?

    I smell firesale

    And they do 12m interest free on sale watches

    Bit gutted as I bought a 351 last week and there is one in presale

    3 x 389s in the sale
    Last edited by Chewitt13; 21st September 2020 at 19:14.

  25. #25
    Grand Master
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    Thanks all, Iíve had a look.

  26. #26
    Quote Originally Posted by TaketheCannoli View Post
    My brother is finally going to buy a PAM, probably tomorrow, and Iím wondering whether he should be bargaining for a discount. Heís after the Base 01000 model at £4300. I wouldnít want him to be embarrassed by trying to negotiate when a discount isnít likely.

    What do you think? Worth a go? What percentage would you think likely.

    Thanks.
    Would possibly look away from that model, snap on case back and the new 3 day movement I think. (Unsure if 100m WR or 300m) maybe look at one of the older models which went 8 day in house movement, screw in case back and 300m


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  27. #27
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    Have a look at Heritage Watches .


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  28. #28
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    new Pam you'd want 20% off.

  29. #29
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    Quote Originally Posted by TaketheCannoli View Post
    None yet. They're bringing the watch up from Leeds tomorrow then he'll go in to see them. They were open to discussing his wishes but he has to go in to do that. I'll keep you all posted.
    Deal sorted?


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  30. #30
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    Not heard yet. They were due to call him to arrange a time today but not sure whether they did.

    Quote Originally Posted by Ctam View Post
    Deal sorted?


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  31. #31
    you wont get 20% off a new pam ,no way

  32. #32
    Master Andyp1973's Avatar
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    Chances of discount on a PAM at Goldsmiths?

    Ive been told in the past that discounts aren't available if using interest free as the retailer covers the interest costs of finance with financial partner.

    i may have been miss informed though.

    i would expect to get between 10% and 13% for a cash sale.


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    Last edited by Andyp1973; 23rd September 2020 at 21:31.

  33. #33
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    Quote Originally Posted by cyrusir View Post
    new Pam you'd want 20% off.
    Dreaming in action - you'll struggle for that at an AD.
    Last edited by Chris_in_the_UK; 23rd September 2020 at 20:52.
    When you look long into an abyss, the abyss looks long into you.........

  34. #34
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    Quote Originally Posted by Chris_in_the_UK View Post
    Dreaming in action - you'll struggle for that at an AD.
    I agree. Gone are the days when that was feasible. Perhaps 10/15 years ago. Nowadays, I would say 10% would be decent.


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  35. #35
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    My last few have been at 5% discount plus a couple of free straps and sometimes a buckle
    Its worth looking at the strap option because you will end up buying them anyway


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  36. #36
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    Quote Originally Posted by scooby View Post
    My last few have been at 5% discount plus a couple of free straps and sometimes a buckle
    Its worth looking at the strap option because you will end up buying them anyway


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    Why do you say that? I don;t think I've ever swapped a strap for aesthetics, only when they are worn, which is rare with 300 timepieces.

  37. #37
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    Interesting you should say that as this is one of his negotiating points. The watch he wants doesn't have the strap he wants so is asking them to change it. He absolutely refuses to even consider buying other straps for it. His view is that one watch matches one strap and why should he spend £5k on a watch and then change the strap? He thinks that way because he's a normal person, not a watch head-case like us!

    Me? I'd have ordered a couple of Toshi straps before collecting the PAM and would be happily swapping away!

    Quote Originally Posted by scooby View Post
    My last few have been at 5% discount plus a couple of free straps and sometimes a buckle
    Its worth looking at the strap option because you will end up buying them anyway


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  38. #38
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    Quote Originally Posted by uktotty View Post
    Why do you say that? I don;t think I've ever swapped a strap for aesthetics, only when they are worn, which is rare with 300 timepieces.
    Youve probably not owned a panerai
    Its part of the appeal
    Easy strap change


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  39. #39
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    Quote Originally Posted by TaketheCannoli View Post
    Interesting you should say that as this is one of his negotiating points. The watch he wants doesn't have the strap he wants so is asking them to change it. He absolutely refuses to even consider buying other straps for it. His view is that one watch matches one strap and why should he spend £5k on a watch and then change the strap? He thinks that way because he's a normal person, not a watch head-case like us!

    Me? I'd have ordered a couple of Toshi straps before collecting the PAM and would be happily swapping away!
    Ha ha! You comment about him being normal and is being watch head-case made me chuckle! I thought part of the joy of PAMs are changing the straps!


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  40. #40
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    Quote Originally Posted by peter2704 View Post
    you wont get 20% off a new pam ,no way
    way

    - - - Updated - - -

    Quote Originally Posted by Chris_in_the_UK View Post
    Dreaming in action - you'll struggle for that at an AD.
    dream big :)

    i have recent experience.

  41. #41
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    Update: after having a fairly positive conversation with Berry's on Saturday they were bringing the watch from Leeds to Newcastle on Monday for him to view Monday or Tuesday. It's now Thursday and they've never been in touch. He rang once to chase up and they said they'd ring him back. He's sent two emails that are as yet unanswered.

    They must be selling boat-loads of watches if they can ignore a potential £5k sale. Needless to say he's walking away.
    Last edited by TaketheCannoli; 24th September 2020 at 11:02.

  42. #42
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    Quote Originally Posted by TaketheCannoli View Post
    Update: after having a fairly positive conversation with Berry's on Saturday they were bringing the watch from Leeds to Newcastle on Monday for him to view Monday or Tuesday. It's now Thursday and they've never been in touch. He rang once to chase up and they said they'd ring him back. He's sent two emails that are as yet unanswered.

    They must be selling boat-loads of watches if they can ignore a potential £5k sale. Needless to say he's walking away.
    Very poor show! I assume these morons are paid commission?

  43. #43
    Master
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    I did think it odd it was taking so much time. For the one PAM Iíve ever owned I called Berryís and asked if they would knock X off (canít remember the amount now but quite a bit) and they agreed. I also called Mallorys and they agreed. All done in two quick phone calls and I bought from Mallorys as they were nearer. Very easy.

    Recently someone told me that they could probably get 20% off a new PAM from an AD. I never pursued it so cannot confirm it for definite.

    Quote Originally Posted by TaketheCannoli View Post
    Update: after having a fairly positive conversation with Berry's on Saturday they were bringing the watch from Leeds to Newcastle on Monday for him to view Monday or Tuesday. It's now Thursday and they've never been in touch. He rang once to chase up and they said they'd ring him back. He's sent two emails that are as yet unanswered.

    They must be selling boat-loads of watches if they can ignore a potential £5k sale. Needless to say he's walking away.

  44. #44
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    My last 2 new PAMs were a 720 and a 721. Around 2 years ago. Got 20% of each.

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  45. #45
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    Quote Originally Posted by Robsmck View Post
    My last 2 new PAMs were a 720 and a 721. Around 2 years ago. Got 20% of each.

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    3 more purchases and you'll have a complete one! Not sure it'll look too good though.

    Sorry.

  46. #46
    Quote Originally Posted by TaketheCannoli View Post
    Update: after having a fairly positive conversation with Berry's on Saturday they were bringing the watch from Leeds to Newcastle on Monday for him to view Monday or Tuesday. It's now Thursday and they've never been in touch. He rang once to chase up and they said they'd ring him back. He's sent two emails that are as yet unanswered.

    They must be selling boat-loads of watches if they can ignore a potential £5k sale. Needless to say he's walking away.
    Could be worth talking to Panerai online. I enquired a few weeks ago about a trade up on mine. Theyíve been chasing me non stop. A deal could be had


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  47. #47
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    Thanks but they donít do finance.

    Quote Originally Posted by McBeardy View Post
    Could be worth talking to Panerai online. I enquired a few weeks ago about a trade up on mine. Theyíve been chasing me non stop. A deal could be had


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  48. #48
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    Quote Originally Posted by TaketheCannoli View Post
    Update: after having a fairly positive conversation with Berry's on Saturday they were bringing the watch from Leeds to Newcastle on Monday for him to view Monday or Tuesday. It's now Thursday and they've never been in touch. He rang once to chase up and they said they'd ring him back. He's sent two emails that are as yet unanswered.

    They must be selling boat-loads of watches if they can ignore a potential £5k sale. Needless to say he's walking away.


    David Nicholson is the manager at Newcastle, heís a good lad and will be mortified if he knew about this level of service.

    Get in contact with him directly, heíll get it sorted pdq.

  49. #49
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    Quote Originally Posted by uktotty View Post
    Very poor show! I assume these morons are paid commission?
    I know some of the staff there, a mistake has been made clearly but to describe them as morons is pathetic,

  50. #50
    Quote Originally Posted by TaketheCannoli View Post
    Thanks but they donít do finance.
    I know Goldsmiths are know stocking and they offer finance.


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