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The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...) - Page 2420  

post #36286 of 48312
Quote:
Originally Posted by Wes Bourne View Post


Only 20%? That doesn't seem like much, esp if they're clearing inventory and are no longer an AD. I had always assumed guys who have a good relationship with an AD got a better discount than that. Maybe not as much as 40% or whatever discount I often see quoted for Omega, but still more than 20%.

So if I get offered 15% on a SubC by an AD without even asking, that's a pretty good deal? In my case, that'd be saving about the equivalent of taxes.

You have to remember, at least in the States no dealers are discounting their SS Rolex watches by anything close to 20%, especially not their sports watches.  Some places say no discount on steel watches period, some say small discounts on Datejusts, but not sports watches (Sub, GMT, Explorer, Daytona etc.), it varies.  So if you are looking at no discount or 5%...20 sounds really good.  ADs or soon to be former ADs know this and they know they will sell all of the watches with that kind of discount so why bother to give a better discount...then the former AD is losing profit.

 

Discounts on two tones and all golds were often quite a bit more than on the steel models.  I haven't tried to get a discount on a gold Rolex, but my father was able to get 25% off an all gold Rolex about 10-12 years ago. 

 

Discounts on Omegas, or IWCs, or other brands have been much higher than Rolex for decades.

 

 In the 1980s you could easily get 25% off the MSRP of any popular steel Rolex, even more if it was an unpopular model like a manual wind Daytona or 1655 Ex2 (yes back then, no one wanted them).  Back in the mid 1990s, Rolex started to reign in dealers with how much of a discount they can give 10% was considered good on steel sports models ...an occasional 15% was exceptional.  The last time I found a dealer willing to give 15% off of a steel sports model was almost 15 years ago, when my dad and I each got a steel sport watch, he bought a steel GMT2 and Mrs. Dino bought me an Explorer 2.  Until a few years ago there was a dealer near me that would give 10% off any Rolex except for steel Daytonas and the original LV Subs...he has since lost his franchise.  Within the last 2-4 years Rolex significantly reduced the number of ADs in the US, many were supposedly dealers discounting more than what Rolex approved, dealers not moving enough merchandise etc. 

 

Quote:
Originally Posted by RFX45 View Post

15% off on a stainless steel Rolex is a good deal, on a Sub or GMT or Explorer, that is a great deal! People who walk into an AD without any prior relationship will not even get the amount of tax discounted. They either flat out tell you no discount and if you do some dancing then they might start at 2%-3%. On Daytonas, there is no room for discount at all, at least in my area.
 

I've only heard of steel Daytonas being discounted on few occasions.  My dad went to a dealer where I had already bought an early Sub LV and a steel Daytona, and he chatted it up with the store owner and was able to get 5% off a white dial steel Daytona.  That was back in 2009 when the economy still hadn't recovered from the economic meltdown of 2008, and several dealer were seeing their waiting lists for Daytonas disappear as people lost jobs and huge chunks of investment portfolios.  I heard a few similar stories back then...but not in big cities like NYC, LA, Miami.

 

Quote:
Originally Posted by RFX45 View Post

My search continues for BlackXRoseGold dress watch and this week I am looking at the GO Sixties.

What do you guys thing about this one?

They shouldn't have discontinued the PML in BxRG combo.

The GO Sixties is a nice watch, but I wouldn't spend what it costs in all gold.  That's a watch I'd possibly buy in all steel.  As for the Pano's its pretty well known here that I don't like them so I will simply say...I would have give it a thumbs down.  

post #36287 of 48312
Quote:
Originally Posted by Mr. Moo View Post

Unless they search your personal belongings and find an empty watch case, receipt, etc.

I have heard of people buying watches and wearing them, while shipping the boxes/receipts home.

I think that is how most do it or just don't put those stuff in your carry-ons? Even if you are one that gets a random search, most do not even question it unless you have more than one. But yeah to be safe, just have it shipped.

And you don't even have to wear the watch, when I travel I usually bring a 3-watch travel case with me and never had a problem with it. If I plan to buy something on my trip, I'd just bring the case empty or leave a slot or two available.
post #36288 of 48312

Anyone have a 5167 on rubber? Its just weights 70 gram? 

 

Feels too light?

post #36289 of 48312
Quote:
Originally Posted by Cant kill da Rooster View Post


Well yes of course. I am presuming that you are declaring it or ordering it by mail.

If you try to order and ship a Rolex into the US, there is a chance that it will be confiscated and kept by customs.  There are strict issues about US customs importation of a Rolex into the US.  You can physically bring I think 1 or 2 in to the US on your person...you can't ship them into the US.  If you get caught shipping it, customs can keep it if they discover it. 

post #36290 of 48312
Much of the customs/duty costs of importing a watch can be minimized by careful (or creative) filling out of the declaration form.
The movement, case, and strap are assessed at different rates.
The movement is a flat rate of a couple bucks.
The case is at some percentage like 4%.
Strap is at some other low percentage.

The obvious key thing is to list the movement as being some large percentage of the overall cost of the watch.

Also, I'd avoid importing croc straps unless the sender knows what he's doing with regards to CITES.
And no way would I try to have a Rolex shipped from overseas.
post #36291 of 48312
Quote:
Originally Posted by Sweden View Post

Anyone have a 5167 on rubber? Its just weights 70 gram? 

Feels too light?
I don't have one, but I can't imagine a watch ever being too light.
post #36292 of 48312
Quote:
Originally Posted by Mr. Moo View Post


Unless they search your personal belongings and find an empty watch case, receipt, etc.

I have heard of people buying watches and wearing them, while shipping the boxes/receipts home.

In the end I think you have to do your homework and make sure its really worth buying it overseas.  

The few places I traveled to overseas, the prices weren't worth the hassle, and some pieces I could get

better prices on in the US.  

post #36293 of 48312
Quote:
Originally Posted by Cant kill da Rooster View Post

Well yes of course. I am presuming that you are declaring it or ordering it by mail. If you bought something with B&P and lie about it, they can fine you as well.


By mail, many do not declare it or just ask to lower the value to minimize the duty fees. There are definitely risks but there are plenty willing to risk it to save a few bucks, not saying I would do it on such a big purchase but others have.
post #36294 of 48312
Quote:
Originally Posted by tifosi View Post


I don't have one, but I can't imagine a watch ever being too light.

I think a watch can be too light :)

post #36295 of 48312
I got 5% off on my Sub from an AD, which amounted to a whopping $100.

That was near the beginning of the final decade of the previous millenium.
post #36296 of 48312
Quote:
Originally Posted by RFX45 View Post

My search continues for BlackXRoseGold dress watch ... But there seems to be something off about this watch

 

It's just incongruous to have gold with that style, somehow.  I like the watch, but it's simple and light-hearted.  Making it in gold seems like fitting a surround sound system and air conditioning to your horse.

 

However, there is a rose gold, black dialled GO that is magical in my humble opinion:

 

 

Now, that puts you back into big money, but two things: 

 

1.  It's a friggin' perpetual calendar.

 

2.  There are massive discounts/nearly new bargains around

 

 

Woof.

post #36297 of 48312
I do like those a lot but it's too complicated and perhaps too thick(?) for a dress watch.

I want something with a cleaner and simpler dial.


I am still searching and even though I would really love a black and rose gold combo, this watch is winning the race right now.

(not my pic)
post #36298 of 48312
Quote:
Originally Posted by Kaplan View Post

I got 5% off on my Sub from an AD, which amounted to a whopping $100.

That was near the beginning of the final decade of the previous millenium.

15% off my Explorer 2, brought the price down from $3,425 to $2,900. 

post #36299 of 48312
Quote:
Originally Posted by Dino944 View Post

Quote:
Originally Posted by Cant kill da Rooster View Post

Well yes of course. I am presuming that you are declaring it or ordering it by mail.
If you try to order and ship a Rolex into the US, there is a chance that it will be confiscated and kept by customs.  There are strict issues about US customs importation of a Rolex into the US.  You can physically bring I think 1 or 2 in to the US on your person...you can't ship them into the US.  If you get caught shipping it, customs can keep it if they discover it. 

I don't believe there are similar restrictions coming into Canada but I was referring to all brands.
Quote:
Originally Posted by RFX45 View Post

Quote:
Originally Posted by Cant kill da Rooster View Post

Well yes of course. I am presuming that you are declaring it or ordering it by mail. If you bought something with B&P and lie about it, they can fine you as well.


By mail, many do not declare it or just ask to lower the value to minimize the duty fees. There are definitely risks but there are plenty willing to risk it to save a few bucks, not saying I would do it on such a big purchase but others have.

I have shipped watches without a declared value, it's a bad idea. Customs will decide on a price for you and in one case it was double the value of the watch.

If you carried it across and had no box and papers to transport it is pretty low risk. If you lower the value prior to shipping, you need a seller to lie and they might not be willing to do that, especially when it shows the recorded payment is higher. I know that some Canadians list their watches either purchased in Canada or brought in legally but on used watches it would be very difficult for customs to prove otherwise. However, if customs asked you about your new Sub, they might want to see a receipt as proof or actually contact the seller. I know one guy who had problems even with proper documentation but he was travelling with more than one watch and declared it. I suppose he could have said nothing.
post #36300 of 48312
I've dealt with a lot of orders from outside the country, items be it big or small, there are always sellers willing to mark down to make a sale and buyers willing to lie to save a few bucks.


Anyways, I was reading up on it and it seems (from the wording below) that they'll only confiscate the watch if it's new unless I am reading it wrong?
Quote:
Rolex & USA shipments In an attempt to protect their trademarks Rolex USA have registered their name & designs with the US Customs. Because of this US Customs will seize all Rolex watches which have not been bought new from an authorised US retailer. There are only two possible exemptions to this rule:

When the watch has been bought overseas and is being imported by the purchaser in person and is declared to the US Customs on entry to the US. This exemption is at the discretion of the individual customs agent and normally covers only one watch per person.
If the purchaser can produce a letter from Rolex USA or the company’s attorney authorising them to import the watch. Please note in over ten years that I have never known any collector or dealer to be able to obtain such a letter.


Now what if the store just labels it used? Are customs going to hold the watch until they are 100% satisfied and sure that the watch wasn't sold new? Since the store is already a non-AD anymore, couldn't they just say they are selling/sold it used? I don't think the watch will have to have record of being sold prior and then have proof as a second sale?

Just curious if that will work.
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