The Watch Thread - Part 6

[patryn33]

Selling a used watch at cost? Cost for orient to make or cost for u to buy?

 

[RadEoNic]

Selling a used watch at cost? Cost for orient to make or cost for u to buy?

cost for me to buy lah
bought in malaysia, already cheaper than local i think

ORIENT STAR DE00003B Retrograde Power Reserve Watch

i THINK i paid less than this.
got to check my cc statement ahha

*edit. yes i paid 600+ for this. exactly i forget liao cos i bought together with another silver OS retrograde for my sister

 

[coern]

Dinner!

 

[a562140]

50% rule is old, new rule since 2013 is 60%
"Swiss Made" Now Means More Swiss Made | aBlogtoWatch

China gov thingy any source? That's recent as in this yr?

i read from some interviews with chinese watch manufacturers, e.g. dongfeng/seagull. probably not this year, will post link if i can find it.

if you follow the 60% swiss rule there was a huge debate within the swiss parliament themselves. and was only going to be applied in the watch industry, not trains etc. and took years for the ratio to be upped from 50%.

watch aficinados and WIS welcome it to support the whole swiss idea, but swatch and the bigger watch groups were under threat as 50% made in swiss could be conferred as 50% made in china too if china required it to be by way of import legislations.

counterarguments is that 60% made in switzerland will see the end of cheap swiss watches (e.g. mondaine), and an influx of chinese owned swiss run factories.

also this 60% rule excludes costs of raw materials e.g. steel... as switzerland does not have raw materials, and now includes costs of RnD so if you ask me, very open to creative accounting.

 

[hysteriakx]

hey guys! what do you all think about the 40mths installment free at THG? i think the catch here is that there will be no more standard discount on the watch itself which is 10-15% perhaps. i am eyeing a watch in the range of ~20k.
what if you are able to generate returns of >15% in 40mths with your capital instead of paying off the amount in full? should you take up the installment plan?

 

[chickenbackside]

hey guys! what do you all think about the 40mths installment free at THG? i think the catch here is that there will be no more standard discount on the watch itself which is 10-15% perhaps. i am eyeing a watch in the range of ~20k.
what if you are able to generate returns of >15% in 40mths with your capital instead of paying off the amount in full? should you take up the installment plan?

Perhaps if you need to use that money to generate income in the next 40 months, a watch purchase should not be a priority?

Nobody really needs a watch. It should be a purchase that you can write off, like a great meal in a fantastic restaurant.

Just my $0.02.

 

[confusedboi]

forgot to mention the most obvious difference...sub got a rotating bezel that lets you keep track of time... meant for divers to 'time' their gas tank, but u can also use to time eggs...

lol time eggs

 

[cichlid]

car washing day

 

[pwillie]

last day of long weekend

 

[i_got_a_question_to_ask]

Should I get a simple vacheron or a complicated jlc

 

[All in a Day]

Should I get a simple vacheron or a complicated jlc

In before tony stark gif

 

[balzebub]

hey guys! what do you all think about the 40mths installment free at THG? i think the catch here is that there will be no more standard discount on the watch itself which is 10-15% perhaps. i am eyeing a watch in the range of ~20k.
what if you are able to generate returns of >15% in 40mths with your capital instead of paying off the amount in full? should you take up the installment plan?

Hehe don't spend so much on watch in the first place? And screw the AD, this instalment thing is no difference to them one. They still get the money at one go from the card issuing bank. It's not like those 40 months but pay only 36 months type of deal, then yes I believe the AD has to bear the cost of the promotion.

My ex-colleague bought a watch from local AD using instalment plan and got better than the usual standard discount...sales guy said why not?

In fact when I was making my own purchase recently, THG sales keep asking me want to use instalment plan?

 

[dowzkeh]

Loving my new hoot which just arrived! bambino!

 

[Hua_Hui]

hey guys! what do you all think about the 40mths installment free at THG? i think the catch here is that there will be no more standard discount on the watch itself which is 10-15% perhaps. i am eyeing a watch in the range of ~20k.
what if you are able to generate returns of >15% in 40mths with your capital instead of paying off the amount in full? should you take up the installment plan?

it really depends on what your opportunity cost is. if u can put the 20k to better use presently it is always optimal to go for the IPP. also, u shd try bargaining all your way for max discount before declaring u are gonna pay with IPP

like what balzebulb bro said, THG doesn't give a hoot whether u are paying in full or instalments because the issuing bank will still pay them in full upon settlement.. so all that "aiya i can't give u X% discount because u are using IPP" is bull.

 

[yattokame]

Please use rubber. Stay safe.

 

[i_got_a_question_to_ask]

In before tony stark gif

I eat back my question before the gif

 

[hysteriakx]

Hehe don't spend so much on watch in the first place? And screw the AD, this instalment thing is no difference to them one. They still get the money at one go from the card issuing bank. It's not like those 40 months but pay only 36 months type of deal, then yes I believe the AD has to bear the cost of the promotion.

My ex-colleague bought a watch from local AD using instalment plan and got better than the usual standard discount...sales guy said why not?

In fact when I was making my own purchase recently, THG sales keep asking me want to use instalment plan?

thanks for the reply guys! appreciate it.
never knew that you could still get discount with IPP.
may i know which brand your colleague bought? if its not convenient to disclose here can pm me perhaps?

thanks again!

 

[balzebub]

thanks for the reply guys! appreciate it.
never knew that you could still get discount with IPP.
may i know which brand your colleague bought? if its not convenient to disclose here can pm me perhaps?

thanks again!

Omega..Tudor..

 

[fade_white]

Yeap. Don't really make a diff to the AD if you pay IPP or not. Probably the salesman want to earn more comm.


Any advice on where I can buy nice good quality leather straps?

 

[kokjj87]

last day of long weekend

Wow... classic piece... I want to hoot one also..