Thread all abt ROLEX - Part 2

Damienic

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Man, it sounds hard. Then is it cheaper to just get from AD, considering the lower resale value of "trash" watches that we're forced to purchase?
i do not quite get your question. Anyway I don’t understand why is it considered a “forced to purchase” situation. No one can force you. If you do not like that you need to purchase unpopular models, then don’t purchase. Is a willing buyer and willing seller situation.
 

1l92041H

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I can say it is not true as speaking from experience:
(i)the purchases are often lower than the purchase price of the grey market
(I)they do not ask you to buy multiple watches at one go. often it is one at a time. Unless you want to fast track and doesn’t want to wait that long, so you may purchase a 50k Hublot and could probably be allocated a Panda within not more than 6 months waiting time. But if you were to buy less expensive watches and are willing to wait longer (possibly 1 to 1 1/2 years), you will get the allocation, albeit a longer wait
(iii)currently there is a 6 months min waiting time for anyone to be allowed to buy a sports model from your current sports model purchase. It means, even if you are rich and you want to buy an expensive Hublot to get a straight allocation for Daytona Panda, you still have to wait for 6 months before they can send application for approval for you to be allowed to be allocated one. This means its not like you have money to throw and want to get an immediate allocation, you can get it
Lastly, I definitely do not have high purchasing power and I buy only one at a time and they do entertain my willingness to support with allocation in return. And I can tell you I‘m unable to afford the grey market prices.
I’m not saying they ignore high purchasing power customers, what I’m saying is that if you have a modest budget, as long as you willing to support the AD, they will support you in return. I really believed so because I definitely have not been asked to purchase many unpopular models so far except a 12k Hublot and even then to spend that and get a Pepsi, it is very worth it.
And from my observations, I have seen a slightly higher proportion of rich people buying from grey market than from AD. I known one who bought a Daytona, Submariner and Pepsi in the same month from grey dealer because he cannot wait. I’m serious.
U sound like a friend of mine who has very nice pieces. Care to show us some watch porn pics please. Esp the 126710
 

1l92041H

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i do not quite get your question. Anyway I don’t understand why is it considered a “forced to purchase” situation. No one can force you. If you do not like that you need to purchase unpopular models, then don’t purchase. Is a willing buyer and willing seller situation.
Huh means u wanted the Hublot ?
 

Kyo_kusanagi86

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i do not quite get your question. Anyway I don’t understand why is it considered a “forced to purchase” situation. No one can force you. If you do not like that you need to purchase unpopular models, then don’t purchase. Is a willing buyer and willing seller situation.
Bro, I think what we are trying is to say the "Watch" game rules at various AD varies and changes all the time. To get to your "goal" watch, u need to "level up", thus depending at which stage and level you are at, u need to get "exp points" before you get your goal watch (i.e Daytona or pepsi).

So you may find yourself stuck at certain level until you clear that level (i.e now is the hublot stage/level), you may never clear the level (if you dont buy to get exp points) and get the goal watch. (Unless you got cheat code- tagging on someone purchase history)
 

Damienic

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U sound like a friend of mine who has very nice pieces. Care to show us some watch porn pics please. Esp the 126710
I had a lot of trouble posting pictures on EDMW forum (I still doesn’t understand how it works). I think I have posted before on different occasions but seldom do it because I find it difficult to post pictures here. Maybe if you search my nick, you will find a few I posted before here. I do post more often on the FB watch group though. My collection is not huge, 3 sports model on allocation basis, Hulk, Pepsi, SD43. First watch that started relationship was the GMT TT discontinued. I got a OP, DJ and Hublot (sold the Hublot) as part of the profile building. I bought the Tudor Silver 958 too but that is not part of the “journey” building. It was merely a watch that I wanted, Beside Hublot, I wouldn’t lose money if I sell the OP and DJ (which I haven’). This year haven’t buy any yet as waiting for Patek to continue others
 
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Damienic

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Huh means u wanted the Hublot ?
I didn’t mind getting the Hublot since it leds me to getting an approval for Pepsi allocation. I have sold it by the way.
What i mean is that nobody can force one to purchase watches they didn’t like. If you hated those watches, don’t buy them, simple as that
 

Damienic

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Bro, I think what we are trying is to say the "Watch" game rules at various AD varies and changes all the time. To get to your "goal" watch, u need to "level up", thus depending at which stage and level you are at, u need to get "exp points" before you get your goal watch (i.e Daytona or pepsi).

So you may find yourself stuck at certain level until you clear that level (i.e now is the hublot stage/level), you may never clear the level (if you dont buy to get exp points) and get the goal watch. (Unless you got cheat code- tagging on someone purchase history)
Yes, correct, the rules changes at different times.
1)Previously it was possible to get a Calatrava and be allocated an Aquanaut but now the min qualification is an Annual Calendar to be considered for allocation of Aquanaut. At this point, it is possible the rules may change anytime
2)It was possible to be allocated a less popular sports models eg YM40 SS as the first purchase with THG 2 years ago, but now is no longer possible
3)Previously if you are willing to spend more, you could buy a few watches and be put on queue for a few sports models at the same time, but now the min 6 months rule applies (technically it means the max sports model you can buy from the AD is 2 in a year)
4)Previously it was possible to get some models without needing to buy another, eg Skydweller Black/White. Now cannot and a few more others.
With regard to “rules” changing and having to “level up”, I find it pretty understandable. The demand gets higher but the number they get to sell remains as low (on some months, my AD told me that they get just 20 pieces of Rolex to sell, including the TT and diamond classic pieces for the entire boutique), so ”tightening” the criteria is unavoidable, they cannot please even the existing clients by sticking to the same set of “rules”.
i don’t work for AD but I know some people i met wonder why I’m defending their “rules”, but if one do a deep dive and understand the situation from the AD a bit more, it is somehow quite easy to fathom why they have to vary the rules and asking customers to “level up” at some point.
I know various customers have found it frustrating, they grumble why ADs “play” such a game and felt it is greed on their part to milk more out from their customers. But put it this way, they don’t get much Rolex to sell on monthly basis, if their sales person do not promote the sale of other models and brand to satisfy client demand in getting an allocation for Rolex, then what do they sell and how can they survive in the trade? Already I was told that two junior sales person have left this year at the boutique which I buy my watches at because the two sales person felt they are not making enough to feed their family,
 

1l92041H

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I had a lot of trouble posting pictures on EDMW forum (I still doesn’t understand how it works). I think I have posted before on different occasions but seldom do it because I find it difficult to post pictures here. Maybe if you search my nick, you will find a few I posted before here. I do post more often on the FB watch group though. My collection is not huge, 3 sports model on allocation basis, Hulk, Pepsi, SD43. First watch that started relationship was the GMT TT discontinued. I got a OP, DJ and Hublot (sold the Hublot) as part of the profile building. I bought the Tudor Silver 958 too but that is not part of the “journey” building. It was merely a watch that I wanted, Beside Hublot, I wouldn’t lose money if I sell the OP and DJ (which I haven’). This year haven’t buy any yet as waiting for Patek to continue others
Thanks for sharing. so it’s not unreasonable to request a Pepsi after getting an OP/DJ ?
 

Damienic

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Thanks for sharing. so it’s not unreasonable to request a Pepsi after getting an OP/DJ ?
I can’t go too much into the specifics of “profile building” at AD such as how to go about doing it as AD have asked me not to share too much as well as it creates a new set of challenges for them. I would say that it doesn’t work this way. There is like a ”ranking” of the watches and if you first start out with them, they would likely ask you to consider a lower “rank” sports model to start as first application model, such as Sub ND, Explorer 1. The request of higher rank sports models such as Pepsi, have to come later along the way
 

Alex159

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i do not quite get your question. Anyway I don’t understand why is it considered a “forced to purchase” situation. No one can force you. If you do not like that you need to purchase unpopular models, then don’t purchase. Is a willing buyer and willing seller situation.
Hmm, not that I'm against buying a trash piece for allocation, but my question was, would the trash piece that you get make it economically unfavourable to get from AD in the first place?

e.g. for a rolex costing $30k in grey market. Would the AD ask you to purchase a trash piece that will immed cause you to basically depreciate ~$30k in value, to potentially purchase the rolex for $10k? In this case it would cost $40k to get an AD rolex, which is economically unfavourable.

Thanks for the sharings thus far, learning alot from it. If you can PM me your SA that'll be helpful too!
 

Natediazzz

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Hi guys, I’m a newbie who has 0 knowledge of watch and Rolex in general so please go easy on me. I’m planning to get a Submariner as my first watch and it seems one cant just get one with walk-ins and will be put on waiting list. How long does one need to wait for a submariner? Also do people just go to the one at Orchard? Where else can I go check out?
 

hwaa

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Hi guys, I’m a newbie who has 0 knowledge of watch and Rolex in general so please go easy on me. I’m planning to get a Submariner as my first watch and it seems one cant just get one with walk-ins and will be put on waiting list. How long does one need to wait for a submariner? Also do people just go to the one at Orchard? Where else can I go check out?

first thing is to read the last 30 pages here.
 

Sty_123

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Hi guys, I’m a newbie who has 0 knowledge of watch and Rolex in general so please go easy on me. I’m planning to get a Submariner as my first watch and it seems one cant just get one with walk-ins and will be put on waiting list. How long does one need to wait for a submariner? Also do people just go to the one at Orchard? Where else can I go check out?
Walk in to an AD and buy a submariner is impossible. Put on waitlist if you never buy anything else from them other than Rolex you will wait forever. Any AD in Singapore is the same. In fact it is the same in the whole world now. Hope my explanation is easy enough for you. :)
 

Sty_123

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Hmm, not that I'm against buying a trash piece for allocation, but my question was, would the trash piece that you get make it economically unfavourable to get from AD in the first place?

e.g. for a rolex costing $30k in grey market. Would the AD ask you to purchase a trash piece that will immed cause you to basically depreciate ~$30k in value, to potentially purchase the rolex for $10k? In this case it would cost $40k to get an AD rolex, which is economically unfavourable.

Thanks for the sharings thus far, learning alot from it. If you can PM me your SA that'll be helpful too!
Actually, this is very straight forward. If after buying the trash and selling it off at a loss plus the new watch amount is more than grey than definitely no point. This is basic mathematics.
 

Decorum

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Hi guys, I’m a newbie who has 0 knowledge of watch and Rolex in general so please go easy on me. I’m planning to get a Submariner as my first watch and it seems one cant just get one with walk-ins and will be put on waiting list. How long does one need to wait for a submariner? Also do people just go to the one at Orchard? Where else can I go check out?
Rolex is really hard to get

It will only get harder to buy over time

you need buy non rolex to get rolex
 

carey

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Walk in to an AD and buy a submariner is impossible. Put on waitlist if you never buy anything else from them other than Rolex you will wait forever. Any AD in Singapore is the same. In fact it is the same in the whole world now. Hope my explanation is easy enough for you. :)
The "wait" list is an illusion - it's nothing more than an interest list; and without a decent purchase history (of lesser brands), we are unlikely to ever get any allocation :confused:
 

gaoxing84

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cash to buy off the grey market, don't waste time at AD unless you are willing to wait.

it's always and will be a zero sum game
you can count, AD also can count
 
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