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The Watch Appreciation Thread (Reviews and Photos of Men's Timepieces by Rolex, Patek Philippe, Breitling, JLC etc...) - Page 3145  

post #47161 of 48312

Fascinating story.

post #47162 of 48312

Ok, so forgive the noob question.

 

Once I have decided on a watch. Let's say, for discussion purposes, it is one of the following.

 

Speedmaster Professional (just the original)

JLC Reverso

Rolex Explorer

IWC Portfino

 

 

How do I go about getting the secret handshake to buy a watch at a price well below retail, while still getting the papers and eligibility for a warranty?

 

Many thanks.

post #47163 of 48312
Quote:
Originally Posted by velomatt View Post
 

Ok, so forgive the noob question.

 

Once I have decided on a watch. Let's say, for discussion purposes, it is one of the following.

 

Speedmaster Professional (just the original)

JLC Reverso

Rolex Explorer

IWC Portfino

 

 

How do I go about getting the secret handshake to buy a watch at a price well below retail, while still getting the papers and eligibility for a warranty?

 

Many thanks.


Just negotiate (assuming you go the AD avenue). Different brands/watches will dictate how much room there is to negotiate. You could also do a bit of googling and check out grey market prices to give you an idea of the types of discounts to expect on different watches.

post #47164 of 48312
Yeah, you really just have to ask. And it helps to show some understanding of what the gray market value is for those pieces.

From your list, the Explorer would be the tough one. I'd say on the others, you could open with a number and push for, say ....25% (?), and then decide if you are willing to settle for something less than that.

Something like this type of approach:

"Well, Mr. AD, I have to say that I'm very interested in this model. I'm willing to pull the trigger today. And I like the idea of purchasing direct from you and your establishment.

But looking around the marketplace, I see that it's not unusual get a discount of XX% on this brand, and I'd rather not have to go gray, or go out-of-state to avoid taxes, etc....so what can you do for me on this watch?"

This is best in person of course, but I've even done it over the phone. Develop a little rapport if you can. Demonstrate some knowledge, but without being a jerk to the salesperson.

Just get the dialogue started, and see if they will work with you or not. Most of them are. (Not all, but most). Sometimes just using the term "gray market" is enough in itself to let somebody know that you're not just falling off the turnip truck.

Other than that, just be willing to look elsewhere and/or walk if needed. The models you've listed aren't special editions or "rare". (Not a slam btw, those are all pretty much classics). And remember the sales guy has to make a bit of a margin, too....so don't squeeze the life out of it. Both parties should be happy at the end of the day.

It's just haggling (!) and I know that not everyone is comfortable with it-- but definitely, this stuff happens in the watch and jewelry biz all the time. Every single day.

There is no secret handshake.

Good luck.

Edit: my grammar sucks more than usual today.
Edited by Keith T - 11/11/15 at 12:25pm
post #47165 of 48312
Quote:
Originally Posted by velomatt View Post
 

Ok, so forgive the noob question.

 

Once I have decided on a watch. Let's say, for discussion purposes, it is one of the following.

 

Speedmaster Professional (just the original)

JLC Reverso

Rolex Explorer

IWC Portfino

 

 

How do I go about getting the secret handshake to buy a watch at a price well below retail, while still getting the papers and eligibility for a warranty?

 

Many thanks.

I agree with what other posters have stated.  I will just add, that its crucial to do your homework well in advance of showing up at an AD, so that you know what you are interested in, and what might be a reasonable discount.  As others stated it varies from brand to brand.

 

Most authorized dealers are not discounting steel Rolex watches.  So if that's the watch you want, be prepared to pay MSRP or pretty close to it.

 

I have negotiated deals on the phone, but usually with people I've done business with in the past.  Most deals I did in person.  I think one generally does better dealing with an AD in person, as they believe you are more serious if you are there, they don't want to lose a potential sale, and you are less likely to be someone from a watch company checking on deep discounts.  Purchase the watch you really want, don't get talked into a model you didn't want just because they offer a better discount on it (substitutes rarely satisfy the desire for the watch you truly wanted).  Try working with smaller stores rather than big chain stores.  Smaller stores seemed to be more willing, able, and perhaps needed to discount some merchandise to make sales.  Big stores chain stores tend to discount less, if at all, citing all sorts of store policies & watch company policies about not discounting.  Have fun and good luck! 

post #47166 of 48312
Good point about the smaller ADs and definitely true in my experience.
post #47167 of 48312

New thread name. I don't own a watch from any of those brands currently. Ha.

post #47168 of 48312
That's okay. You're big on "et cetera" smile.gif

(I've only got 2 of those 4 brands covered myself LOL).
post #47169 of 48312
Quote:
Originally Posted by DLJr View Post

New thread name. I don't own a watch from any of those brands currently. Ha.

"Men's Timepieces"!? facepalm.gif
Quote:
Originally Posted by Keith T View Post

(I've only got 2 of those 4 brands covered myself LOL).

I figure it's about 0.01% Breitling on here, at least as far as I can remember. eh.gif
post #47170 of 48312

It's a trivial thing, but I got a kick out of it. I'm all about the et ceteras.

post #47171 of 48312

How about a super rare pink dialed Journe Centigraphe with some Epaulet unfinished horse-hide trainers?

 

post #47172 of 48312

I regret not getting those unfinished high tops.

post #47173 of 48312

As far as the thread's name goes, well, what's in a name? I have 2 of the 4 covered. No name-check for Omega? :)

 

Quote:

Originally Posted by velomatt View Post
 

How do I go about getting the secret handshake to buy a watch at a price well below retail, while still getting the papers and eligibility for a warranty?

 

Many thanks.

 

I think you're more likely to get a good deal (whatever that is) at a dealer where they know you. Or where they think that you are likely to become a repeat customer. It's the repeat customer that gets taken care of, I think.

 

The place I have purchased my Omegas from tends to offer me a better discount on all watches than any other store I just walk into. I don't really expect a discount on a new Rolex, especially a new model. And vintage watches are a whole 'nother ball game.

post #47174 of 48312
New thread name sucks. Also, it might be taken as an attempt to force out discussion of 'lesser' brands, which is unfortunate.
post #47175 of 48312
Quote:
Originally Posted by Kaplan View Post

New thread name sucks. Also, it might be taken as an attempt to force out discussion of 'lesser' brands, which is unfortunate.

+1 dopey thread name.
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