Of course the OP got a good deal, it was on sale at £300 off! If something is being offered "On Sale" you do expect to be getting a bargain, so nobody can say "you knew it was too good a deal".
How was your last conversation with them left? What did you tell them you intend to do next?
And as there's been no contact, the manager probably told him to forget it!
He probably tore a strip off him for phoning you to ask for more money too'
I'd imagine you've heard the end of this as they probably realise they haven't got much of a leg to stand on.
The fact that it was discounted from £1250 to £950 would be clear in my mind that they had stock that they wanted shifting, hence the deal. So yes you've had a great deal, but isn't that what sales/price reductions should be about?
If it was me I'd leave it now as the balls in their court, if they get back to you and you feel after a discussion that it should be returned, then do so with something reasonable (like say £100) to cover your time and effort with them coming to you.
Watch is 9 secs slow per day so not within chronometer spec. Service required?
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A very interesting thread. My take on it is that a reputable seller would not have rung the new owner in the first place. I can't imagine, Laings, H&I etc. doing that should a similar mistake have occurred at one of their premises.
Enjoy your watch, stefmcd!
Many years ago I bought a second hand Canon F1 camera which was exhibited in the shop window and marked with a very, very good price which might or might not be a mistake. When the salesman took it into the shop, he quoted another and higher price, and I reminded him of the price sign in the window. His reaction - with a little smile - was "Shit, there goes my wage increase" and without further comments he sold it to me for the price in the window. It was not the last time I bought camera gear from them.
My view is that if they spotted the price error before you purchased it, they were entitled not to sell it to you as it is an "offer for sale". However, once monies have changed hands and youve got the product, the Offer has been accepted and you've both entered into a contract.
I'm no legal expert but I've worked in and around retail for many years and I'd hold firm. I can't see a judge being on their side if they wanted to take it to court, which I doubt they would
A contract can be renegotiated either up wards or down ward in value , as long as BOTH parties agree.
You've completed the contract by paying in full , I can't see any reason why you would want to pay more for the watch.
Someone mentioned the staff member being made to pay for the mistake , can't see that happening at all unless it's in their employment contract which I would doubt very much.
Move on , nothing further to be of your concern.
Case closed.
As the shop hasn't been back in touch since the initial call I would think they have given up on it now, they knew there was only a minuscule chance you would go back and that window has closed.
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Amusing to see people still waffling over this with quasi-legal terminology thrown in and trying to sound smart.
It is simple- they sold you the watch,realized there was a mistake,called to see if you would return it which you are not obliged to. They haven't called back and seems you aren't particularly keen to return it which is fine.
Time to move on.
Yeah, we had a right good gab. Those glasses were extreme generosity and true forum spirit. I had on an Oris f1_on bracelet. My mate and I were through from weegieville.... This watch seems to be improving in accuracy. It was 9 secs slow day 1, after day 3 it's 17 secs slow, so only 8 slow over day 2 and 3 combined...
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It may have been sitting for a while, and just needs some running in again. if you ever want it checked over just PM me
Well remembered! it will probably be due a battery later in the year so I should be able to regulate it a bit closer
Sad part is I have a 1930's pocket watch that is more accurate than it
If it were indeed that scenario then the original post and most of the subsequent discussion would be quite different.
Commercially and legally there appears to be no obligation on the OP. There is arguably some moral aspect or sense of duty but surely that is always contextual. Partly dependent on whether you have a wider relationship with the shop or feel that they deserve some optional consideration.
Lets put it this way - if you sold it to the shop for £950 and then went back in the following day to say you'd made a mistake and the price you'd meant to ask was £1650 do you think the salesman would be falling over himself to pay you the extra £700?
this
and thisthere has been offer, acceptance, consideration and completion. End of,
also, you completed the transaction walked away a happy customer and now they have given you a problem to deal with. Making you spend time and a little energy on cogitating the 'dilema' they have given you.The shop is trying it on in my opinion - I'd ring trading standards and ask them if they've had reports of anything similar in the past before talking to the shop again
I wonder on the real cost to them of the watch and the vat that would need to be paid to HMRC on the profit, don't see why they would want to hassle you with the phone call, seems to me they need to be checking their own moral compass not yours.
It's yours, enjoy.Still cogitating.
Are you sure you've got it fully wound? If it's running around 50% wound it could run a tad slow. However, the cynic in me says it probably hasn't been serviced for some time. Get it on a timegrapher and see what's going on, If the amplitude's low that's an indication that it hasn't been serviced in a long while.
At the risk of sounding even more cynical, what do you expect when you buy from these places? It's always wise to factor in the cost of servicing a watch when you buy, unless it's coming from a very reputable source.
How old is the watch? If it's not so old it may just need regulating, but if it's over 7 yrs old it probably does need servicing.
I'm still taking the odd job or two on, I'd be happy to look at it.
Paul