Chances of getting a Daytona on 0% credit
Discussion
It's my 40th in a few weeks and I have decided on a stainless steel Daytona with white face. I have found one in stock locally at a Rolex dealer but when I phoned this morning I was told they don't do finance on this particular model.
Should I just pop out and buy it or do you think I could get one on interest free credit? I phoned a few others to be told it's a five year waiting list.
Should I just pop out and buy it or do you think I could get one on interest free credit? I phoned a few others to be told it's a five year waiting list.
Jer_1974 said:
It's my 40th in a few weeks and I have decided on a stainless steel Daytona with white face. I have found one in stock locally at a Rolex dealer but when I phoned this morning I was told they don't do finance on this particular model.
Should I just pop out and buy it or do you think I could get one on interest free credit? I phoned a few others to be told it's a five year waiting list.
That might be why you won't get a 0% deal. Seller knows the market. Should I just pop out and buy it or do you think I could get one on interest free credit? I phoned a few others to be told it's a five year waiting list.
Adrian W said:
I thought all the chains offered four years interest free, maybe times aren't so tough anymore
The interest free is a way of giving a discount without calling it a discount - the shop has to pay for the credit offered. I can understand why they wouldn't offer such credit on a piece that they won't have any trouble at all shifting at RRP. I bet you can still get credit on a precious metal Rolex though...Good luck finding one in the US. I travel quite a lot and for many years looked for Daytonas in ADs all over the world - only ever found them in the Far East - never in the US. The situation has changed with SS Daytonas and they are now becoming more available but not sure it has changed all that much in the US. I now have both black and white face SS Daytona and everytime I go into Rolex ADs in the States they immediately spot the SS Daytona and comment on how rare they are in the US.
Jer_1974 said:
I was just looking on ebay and they seem cheaper in the States. I'm in New York next month what are the chances of picking one up in New York and at what price?
Not too hard to find in NY, especially used on 47th st.Remember that if is in a store and you walk away with it and don't have it shipped out of state (say, across the hudson to NJ, even a hotel would be fine) then you will be paying NY sales tax.
The majority of private sellers wont't charge sales tax so if you find one on ebay at a decent price go for it
Just got all excited and drove into town to get it. It was sold two hours ago. Interest free for 12 months will cost the retailer about 8% , they wont give that away on a watch that they could sell any day of the week.
The only AD that i have ever seen a SS Daytona is the Rolex shop in Greenbelt Shopping mall in Makati Philippines, last year they had both a white and black faced one, 500,000 pesos at that time it was the same as the UK list, with the current exchange rate it would be about a grand cheaper! I wouldn't want to risk bringing it back and getting charged the import duty on it. I got mine in Dec from The AD in York after a 10 month wait.
The only AD that i have ever seen a SS Daytona is the Rolex shop in Greenbelt Shopping mall in Makati Philippines, last year they had both a white and black faced one, 500,000 pesos at that time it was the same as the UK list, with the current exchange rate it would be about a grand cheaper! I wouldn't want to risk bringing it back and getting charged the import duty on it. I got mine in Dec from The AD in York after a 10 month wait.
Eight years old but unworn:
http://www.blowers-jewellers.co.uk/steel_rolex_day...
Newer models tend to come up for a small premium - around £500. Regardless of how much you spend I don't think you're going to make a loss on one of these. If interest free is a must then eighteen months can be had here:
http://www.tescobank.com/creditcards/clubcc/index....
As somebody who bought a Submariner almost three years ago and has seen the used prices go up by about a third they're a great way of 'parking' money. I think you'll probably end up profiting but even if you don't (which I think is unlikely) you'll end up wearing a special watch for next to no cost. I can't quite think what else compares.
Dolf.
http://www.blowers-jewellers.co.uk/steel_rolex_day...
Newer models tend to come up for a small premium - around £500. Regardless of how much you spend I don't think you're going to make a loss on one of these. If interest free is a must then eighteen months can be had here:
http://www.tescobank.com/creditcards/clubcc/index....
As somebody who bought a Submariner almost three years ago and has seen the used prices go up by about a third they're a great way of 'parking' money. I think you'll probably end up profiting but even if you don't (which I think is unlikely) you'll end up wearing a special watch for next to no cost. I can't quite think what else compares.
Dolf.
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