MARGIN IN GOLD ROLEX

[POORCARDEALER]

Quite fancy a gold Daytona, last bought a new Rolex in 2006 which was a grey import gold Submariner and it was £11k, how things change.....my question is what margin is there in a new gold Daytona at list?

[LaurasOtherHalf]

What are you trying to find out? The margin for Rolex, the dealer, any expected discount?

[POORCARDEALER]

LaurasOtherHalf said:

What are you trying to find out? The margin for Rolex, the dealer, any expected discount?

Dealer margin

[SULAND]

There are discounts to be had,if thats what you mean?

[LaurasOtherHalf]

Quite large ones if you take into account walking in and buying one at list as long as you get a steel version within a matter of weeks.

15% on a cash purchase should be achievable however, if you have the liquidity, I'd push for your chosen precious metal Daytona and a Stainless Steel watch at list immediately that you can punt on for profit.

[POORCARDEALER]

Thanks for the input .....going for a chat with the dealer tomorrow, will see what they say ref a SS watch at the same time

[Nomal]

LaurasOtherHalf said:

Quite large ones if you take into account walking in and buying one at list as long as you get a steel version within a matter of weeks.

15% on a cash purchase should be achievable however, if you have the liquidity, I'd push for your chosen precious metal Daytona and a Stainless Steel watch at list immediately that you can punt on for profit.

Last month I purchased a new DD40 in Everose with the Olive dial. I went to my AD with the intent of trying to bundle that with a BLRO as want one ot finish my collection of steel sports, too much money no discount!! So went for a new from a grey paid £23500.00 all in with my sons name on the card as it will be his when I am gone.

[SULAND]

There is no way you would get a 15% discount on a gold daytona from a AD in this country,you might get 8% at a push.