Not personally, but there has been a number of people on some of the Facebook pages getting the call. They have been having to pay anything from 50% to 100% and will collect the watches when AD’s reopen.
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Hi all,
Just wondering if anyone had been offered any watches during the lockdown?
I’m assuming that AD must have had allocations from before the shutdown and commissions to earn.
Thanks
Not personally, but there has been a number of people on some of the Facebook pages getting the call. They have been having to pay anything from 50% to 100% and will collect the watches when AD’s reopen.
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I had the call last week from WOS if i am interested in gmt master rootbeer .
What they ask is to pay 50% deposit and 50% when you collect .100% upfront is for all steel watches .
I declined politely as don’t know how long this lockdown will last and if WOS survives as bigger companies then WOS will have problems due to COVID19
Is it not debit card payment there looking for and not accepting credit cards?
Got the call...Tesco now have toilet roll in stock...need it reading threads like this.
I’ve seen a few on FB groups as well where AD’s have called to say watches are in.
I’d imagine with everything shut down at the moment any 5711 or SS Daytona will be even harder to get going forward, the likes of steel Royal Oaks, Aquanaut’s, Pepsi, skydweller‘s and hulks still quite hard to get, but for just about everything else prices will drop going forward. Maybe not RRP but I think the days of buying X and knowing you can sell at a profit if need be will be soon gone. Might take some months to trickle through but I think it will.
[QUOTE=turbomolwi;5383437]I had the call last week from WOS if i am interested in gmt master rootbeer .
What they ask is to pay 50% deposit and 50% when you collect .100% upfront is for all steel watches .
I declined politely as don’t know how long this lockdown will last and if WOS survives as bigger companies then WOS will have problems due to COVID19[/Qi
i don't think it would last long.
Last edited by Templogin; 13th April 2020 at 23:33. Reason: Added wit - hardly
Been telephoned a couple of times over the last couple of weeks by Laings, informing me of their Pre owned watch sale and that they had some Rolex professional models in the lineup. Overpriced dealer inventory and looking at the stock levels with the sale now finished, appears they sold Fk all of anything.
I got offered a Pepsi a couple of days before the lockdown.
Unfortunately I had to turn it down.
I've got no idea how things are going to pan out when this is all over.
So it didn't make sense to spend £7750 on a watch.
I asked my local Goldsmiths for a DSSD/EXP2 in January....last week I had a call offering me a DSSD.
still waiting for the call on a sub no date, been about 18 months now which seems like a long time?
After tonight's news I'll be hanging onto my money. Wouldn't risk paying up front in the current situation IMO.
Recession saying the economy could shirk by upto 35%.
Do you have a link?
I have seen a predicted shrink of 12.8% this years from OBR. Followed then by 17.9% growth in 2021. Haven't seen the 35% number so keen to read up on it...I have not been on top of all the news today so could have missed that.
This is what sky news says which includes my figures above.
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Wither it's correct or not I don't know just saw it earlier.
The Guardian: Rishi Sunak 'deeply troubled' by OBR warning of 35% fall in UK GDP.
https://www.theguardian.com/business...fall-in-uk-gdp
Last edited by Shuggy#1; 14th April 2020 at 21:21.
Just seen it on Sky News. They say OBR say 35% drop in Q2 followed by quick rebound. Hence the total for the year of 2020 nowhere near the 35%...anyway....back to watches and getting those calls!
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The reports have also gone on to say that economy’s Worldwide will see a bounce back when the pandemic crisis is under control but from a 35% drop that would not be hard.
Consumer confidence has taken a hard punch and with nearly 2million Uk mortgages holders asking for a payment holiday never mind the numbers asking for credit card payment delays and the furloughed employees wondering if their job will still be there when this is over, then the UK alone is looking at a slow climb back to pre Covid levels, if that level ever returns!
The implications for the watch market, whether New or Secondary is solely dependent upon consumer confidence, the willingness and ability to spend.
Last edited by Flasher; 14th April 2020 at 21:15.
Mr paul thorpe has been on about this subject.
I wonder if they actually have the watches or are just trying to drum up business for the watches they have in the vault that theyve been holding onto....
Called last week....the SS sub date I was told 2 months ago there was a 1-2 year waiting list on and basically laughed out of the shop, well I bought it this morn....funny how these lists have suddenly all disappeared!
I paid RRP.
I turned down a bi metal Daytona at £14k ouch 50% upfront mapp and Webb. well she said she was from Mapp Webb calling from a mobile phone working from home trying to drum a load of money ready for when the doors open again.
I declined
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Quote Originally Posted by TROYBOY79 View Post
Mr paul thorpe has been on about this subject.
I wonder if they actually have the watches or are just trying to drum up business for the watches they have in the vault that theyve been holding onto..
Probably Grey dealers sending them back unused as can’t make any money on them now
This time last year I was informed rather loftily by the shiny new manager at Goldsmiths Trafford Centre that my previous spend would need to exceed £85k to qualify me for a CHNR. You can start with that Explorer in the window he laughed. "Be quick though it won't be there long".
Now his team are sat at home with telephony headsets on all day grinding their way through lists of names trying to take payments for watches that will (may) be available to collect when the lockdown is over.
Quite a delicious irony.
I had a very similar experience at the same store when enquiring about a LV, I had around £20k purchase history with the group (though admittedly not that branch) that they could see on their screen and the guy basically laughed and tried to sell me a Milgauss that I didn’t want!
If you are local to the area I cannot recommend Moodys of Nantwich enough, such nice people.
I called in to DMR after that encounter, it was like night and day, sensible people not confusing their status with that of the brand they represented and a CHNR ordered with a 1k deposit, collected a couple of months later.
Heard good things about Moodys as well so thanks for reminding me.