Are the premiums fixed for all models? Is it percentage of the retail price? If pay premium to AD means confirm get?
Premiums are determined by the grey market. They fluctuate slightly but the fluctuations are not big.
Since you’re new, I’ll break it down simply for you:
1) You can’t walk into a Rolex AD and buy a Rolex steel sports watch as they are perpetually “out of stock”, unless you have some very powerful strings you can pull. They key phrase is “VERY POWERFUL”, like you’re the BFF of the owner of Cortina watches type of situation.
2) AD’s cannot sell you a Rolex watch above the RRP. So even if you say I give you $30k for a Daytona, they still cannot help you.
3) In your case, since the Explorer 2 isn’t the most desirable model, the chances of getting one is still higher than if you want something like a Daytona. But the chances are still close to zero.
Give you an example, I have a friend who’s quite a big customer at Cortina over the last 2 decades (he buys watches for his business partners as gifts, and mostly Rolex’s). He been waiting for a polar explorer 2 since 2018 to buy as a gift for his China biz partner.
3) If you are willing to pay the premium; you can buy the watch you want pretty much immediately FROM A GREY DEALER.
4) If you insist on only buying from an AD, see points 1 & 2, put down your name and slowly wait.