Jewellers That Offer 0% finance

[kev1387]

Hi guys, as title suggests what jewellers are offering 0% finance on watches? I.e Rolex / Panerai
I know Goldsmiths offer the 0% but just wondered if anyone else does?
Thanks.

[S2WYA]

I would never buy a Rolex or Panerai new so always use Watch finder personally. I've not used their 0% option as I've always ended up trading in a watch but I know guys that have and please with the service.

Also I dont think Goldsmiths etc offer 0% on sports Rolexs though I may be wrong.

Edited by S2WYA on Sunday 22 May 10:14

[Sheetmaself]

Beaverbrooks offer four years as well, berrys offer zero % but not sure of the terms.
Suddenly nice watches become very obtainable and sadly this makes prices go up so dont think that theyre doing us too much of a favour!

[pushthebutton]

Whenever I looked in to it, it was always either 0% finance OR around a 20% discount from authorised dealers, but never both. I made the decision that the 20% discount was way too big to pass on so I used a balance transfer on to 0% credit card.

[critical mass]

Not high street but The Watch Source are offering great discounts and 0% over 12 months

[Welshbeef]

When I bought the wife's Omega there was the 0% offer but I asked how much for cash/discount and from memory it was about £400-500 off the watch which I agreed to.

[Tiggsy]

Watch Gallery also do 0%

But with these deals the retailer is footing the cost of the loan for you....so any "deal" is used up on that. You either spread the cost or take a discount and pay up front.

[marcosgt]

Jura (C.W.Sellors) do 0% over (up to) 4 years.

http://www.jurawatches.co.uk/collections/mens-watc...

M.

[nikaiyo2]

I am not 100% sure, but I thought that if a retailer offers 0% finance across the board then they can NOT offer a discount on the condition you don't take the 0% finance.

For instance if a retailer advertises a Speedy for £3500 with 0% finance they can't offer you 20% discount instead of 0% finance, as effectively they are not offering 0%.

It's fine to offer same speedy in a sale for £3000 with a standard condition that 0% is not available on sale items.

This is a vague recollection from when I used to sell used cars in the early 00s so I might be a bit off but pretty sure this WAS the basics.

[otherman]

I agree. there's a trade description breach if they offer 0% and also cash discount. The sofa companies were pulled for this and had to stop taking cash in order to continue to offer the 0% deals, which is where most of their business is anyway.

[Tiggsy]

Having just bought 2 £4k mountain bikes and a £4k watch - I can assure you ALL the 3 retailers involved offered a very explicit choice of 0% (and a small discount by way of chucking in £100 of free extras) OR 10-20% off.

Which is fine by me, clearly there's a cost to 0% so to expect that AND discount seems naive.

[foxsasha]

Just bought the missus a Rukka motorbike jacket and trousers, offered with 0%. I asked for the equivalent discount instead and they said that only amounted to £25. That was for a £1300 purschase. We do very few finance deals on our own products but offer it as an option and even with the very little finance business we process the max it costs us us 10%. Not sure why anyone would offer 0% finance or 20% discount like it's an equivalent cost to the retailer when it's far from it.

[pattyg]

Much better to ignore the 0% offer and negotiate a discount. Then fire it on a 0% credit card if you can't stomach the full cost.

[Welshbeef]

pattyg said:

Much better to ignore the 0% offer and negotiate a discount. Then fire it on a 0% credit card if you can't stomach the full cost.

Peasants .

[michael gould]

just pay cash like us rich people do !!! finance is for people who can't really afford it

[marcosgt]

michael gould said:

just pay cash like us rich people do !!! finance is for people who can't really afford it

Ah, where have you been?

I see you can't afford any capital letters these days, though? Or are they just for the poor too?

How's the wife? Still Rich?

M

[limpsfield]

Tiggsy said:

Having just bought 2 £4k mountain bikes and a £4k watch.

Legend!

[gizlaroc]

nikaiyo2 said:

I am not 100% sure, but I thought that if a retailer offers 0% finance across the board then they can NOT offer a discount on the condition you don't take the 0% finance.

For instance if a retailer advertises a Speedy for £3500 with 0% finance they can't offer you 20% discount instead of 0% finance, as effectively they are not offering 0%.

It's fine to offer same speedy in a sale for £3000 with a standard condition that 0% is not available on sale items.

This is a vague recollection from when I used to sell used cars in the early 00s so I might be a bit off but pretty sure this WAS the basics.

I think you'll find that you can't say 0% finance is not available on discounted items, in other words if you have the item advertised at a certain price you can't put "Was £3500 Now £2500 - 0% Interest is not available on this item" if you have advertised 0% available.

For example, If you have an Omega advertised at a discounted price and you have 0% advertised on "All watches" or "All Omega Watches" you have to make it available to all the products you are advertising on, even those that are discounted.

[dc2rr07]

gizlaroc said:

I think you'll find that you can't say 0% finance is not available on discounted items, in other words if you have the item advertised at a certain price you can't put "Was £3500 Now £2500 - 0% Interest is not available on this item" if you have advertised 0% available.

For example, If you have an Omega advertised at a discounted price and you have 0% advertised on "All watches" or "All Omega Watches" you have to make it available to all the products you are advertising on, even those that are discounted.

Zero interest or discount is the general rule I have found, they will always have a little asterisk next to the offer which will basically say no zero interest on discounted goods.

[michael gould]

marcosgt said:

michael gould said:

just pay cash like us rich people do !!! finance is for people who can't really afford it

Ah, where have you been?

I see you can't afford any capital letters these days, though? Or are they just for the poor too?

How's the wife? Still Rich?

M

yep still loaded ........but trying to spend it .....capital letters are so last year