Rolex Waiting Lists
Discussion
cslwannabe said:
After trying a Tudor GMT and BB58 recently I decided to put my name down for a Rolex at Goldsmiths after emailing several branches for an estimate on lead time. It was all a bit surreal I have to say - no deposit, no paperwork, no double checking what I wanted, no price quoted. They entered my details into their system and that was pretty much it - I wasn’t sure they thought I was a genuine prospective customer tbh. Will see what happens!
If the AD doesn't want a substantial deposit, then I would have absolutely no faith at all. If everyone had to put £500 down, then the crazy waiting lists such as we have now would vastly reduce.I wanted a Black GMT, my local AD requested a £500 deposit and advised around a 6 month wait. I gladly paid the deposit as it showed genuine intent on both sides and I got the watch in 3 months.
It would be nice if deposits were Rolex policy.
yellowtang said:
If the AD doesn't want a substantial deposit, then I would have absolutely no faith at all. If everyone had to put £500 down, then the crazy waiting lists such as we have now would vastly reduce.
I wanted a Black GMT, my local AD requested a £500 deposit and advised around a 6 month wait. I gladly paid the deposit as it showed genuine intent on both sides and I got the watch in 3 months.
It would be nice if deposits were Rolex policy.
I agree, but when ADs don’t have a clue what they’re getting or when, I guess it’s hard to take deposits.I wanted a Black GMT, my local AD requested a £500 deposit and advised around a 6 month wait. I gladly paid the deposit as it showed genuine intent on both sides and I got the watch in 3 months.
It would be nice if deposits were Rolex policy.
Most ADs get a fairly consistent supply of black Subs, Black GMTs etc. But on Daytonas, and the blue dial SS Skydweller for example, things are way more sporadic.
I think it’d cause more trouble than it’s worth.
That said, some ADs like DMR do operate a deposit policy and it seems to work for them.
I’ve never put down a deposit on a Rolex and I’ve bought pretty much every professional model in SS. The only time I’ve ever put down a deposit was for my 5711, and I was slightly hesitant to do that when the AD couldn’t even give me a rough timeframe, like not even to the nearest 10 years. Luckily they came through relatively quickly regardless.
yellowtang said:
cslwannabe said:
After trying a Tudor GMT and BB58 recently I decided to put my name down for a Rolex at Goldsmiths after emailing several branches for an estimate on lead time. It was all a bit surreal I have to say - no deposit, no paperwork, no double checking what I wanted, no price quoted. They entered my details into their system and that was pretty much it - I wasn’t sure they thought I was a genuine prospective customer tbh. Will see what happens!
If the AD doesn't want a substantial deposit, then I would have absolutely no faith at all. If everyone had to put £500 down, then the crazy waiting lists such as we have now would vastly reduce.I wanted a Black GMT, my local AD requested a £500 deposit and advised around a 6 month wait. I gladly paid the deposit as it showed genuine intent on both sides and I got the watch in 3 months.
It would be nice if deposits were Rolex policy.
The problem I would see for any of them is accepting large amounts of large deposit would totally f
k with your cashflow, never mind the problems you'd have if the bubble burst trying to pay them all back.LaurasOtherHalf said:
To counter that though my AD refuses to take a deposit and in the past 12 (actually 11) months I've bought a BLNR, SD50th and Daytona via them.
The problem I would see for any of them is accepting large amounts of large deposit would totally fk with your cashflow, never mind the problems you'd have if the bubble burst trying to pay them all back.
To get those 3 watches from one AD in such a short timeframe is pretty unusual though. Good work!The problem I would see for any of them is accepting large amounts of large deposit would totally f
k with your cashflow, never mind the problems you'd have if the bubble burst trying to pay them all back.Taking deposits, even in large quantities, will surely have no negative consequences as long as you leave them on your balance sheet and you don't cease trading!
The lists are only crazy because generally there are no deposit requirements and people go on multiple lists. Many people also turn down watches offered to them.
bobbybee said:
Sorry to be pedantic but, no they don't it's around 800,000, back in 2015 and reducing production year on year back to around 600,000.
I've heard figures for Rolex's production ranging from 600,000 to a million, and probably should have quoted that range.The oft-cited 800,000 number came from statistics by the COSC body, and there's a theory that this overstated sales, as Rolex may have been submitting some of the same movements twice.
Regardless of the exact number, and they're notoriously secretive, Rolex are still the highest selling Swiss watch brand. They're not going to remain in that position if they don't supply watches to customers.
Graemsay said:
bobbybee said:
Sorry to be pedantic but, no they don't it's around 800,000, back in 2015 and reducing production year on year back to around 600,000.
I've heard figures for Rolex's production ranging from 600,000 to a million, and probably should have quoted that range.The oft-cited 800,000 number came from statistics by the COSC body, and there's a theory that this overstated sales, as Rolex may have been submitting some of the same movements twice.
Regardless of the exact number, and they're notoriously secretive, Rolex are still the highest selling Swiss watch brand. They're not going to remain in that position if they don't supply watches to customers.
lostkiwi said:
Graemsay said:
bobbybee said:
Sorry to be pedantic but, no they don't it's around 800,000, back in 2015 and reducing production year on year back to around 600,000.
I've heard figures for Rolex's production ranging from 600,000 to a million, and probably should have quoted that range.The oft-cited 800,000 number came from statistics by the COSC body, and there's a theory that this overstated sales, as Rolex may have been submitting some of the same movements twice.
Regardless of the exact number, and they're notoriously secretive, Rolex are still the highest selling Swiss watch brand. They're not going to remain in that position if they don't supply watches to customers.
lostkiwi said:
Exclusive then...
Ha, I've never seen Rolex described by themselves as exclusive. Expensive, desirable, prestigious yes, but not exclusive.They are in a price bracket that excludes many from purchasing, so I think owners (some owners) tag on the exclusive label.
I have to admit Rolex are brilliant, make a mass produced item, yet keep it desirable, very hard to achieve, the only other brand I can think of that pulled it off is BMW.
bobbybee said:
lostkiwi said:
Exclusive then...
Ha, I've never seen Rolex described by themselves as exclusive. Expensive, desirable, prestigious yes, but not exclusive.They are in a price bracket that excludes many from purchasing, so I think owners (some owners) tag on the exclusive label.
I have to admit Rolex are brilliant, make a mass produced item, yet keep it desirable, very hard to achieve, the only other brand I can think of that pulled it off is BMW.
bobbybee said:
Ha, I've never seen Rolex described by themselves as exclusive. Expensive, desirable, prestigious yes, but not exclusive.
They are in a price bracket that excludes many from purchasing, so I think owners (some owners) tag on the exclusive label.
I have to admit Rolex are brilliant, make a mass produced item, yet keep it desirable, very hard to achieve, the only other brand I can think of that pulled it off is BMW.
Porsche maybe. Possibly Ferrari if you think they are mass produced They are in a price bracket that excludes many from purchasing, so I think owners (some owners) tag on the exclusive label.
I have to admit Rolex are brilliant, make a mass produced item, yet keep it desirable, very hard to achieve, the only other brand I can think of that pulled it off is BMW.
Not BM though
James_B said:
Dave350 said:
All this brown nosing talk is ridiculous and quite frankly amusing. Can't help but think all those doing it don't need to do it at all and just sound like a bunch of saddo's!
May I ask a couple of questions, please?What function do you think that the apostrophe is serving in the last word above, and what is it that you do that you can be so incompetent in the language yet afford to spend the money on nice watches?
Edited to say, apologies, I see that you sell cars, hence the need for bling and the superior attitude.
As you were...
Edited by James_B on Monday 13th August 19:33
I'm also surprised you appear to think everyone who has a 'nice watch' can afford said watch.
Incidentally using the word 'nice' in almost any scenario suggests an incredibly limited vocabulary but in this instance, it's also used incorrectly - you mean an expensive watch, as you reference the ability to afford and there are plenty of 'nice' cheap watches plus of course, plenty of 'not nice' expensive watches
However that doesn't surprise me in the slightest because your entire sentence structure is poor - you use the word 'that' at least once too many times and arguably twice too often in your middle paragraph/sentence. Also the phrase 'you can be so incompetent in the language ' is incredibly poorly worded
I am very pleasantly, very surprised. Especially considering I got my SD43 last year from the same AD, in around June, from memory their second
Anyway, just had the call to say they have a pepsi SS for me, their third. I left no deposit and I'm very much not a big spender there, but I have known them for 20 or more years (probably nearer 30 thinking about it) and live round the corner
Very excited - I guess they allocated to me because hey know I'm not a flipper, I'm an enthusiast, loyal and have a good relationship - When I need my watch servicing I use them and I've bought from memory, a Cartier santos 100 when they first came out, my 16610LV, the SD43 last year and some smaller items like the odd pair of cufflinks and pen. So not a long list and as I say, not a big hitter.
Anyway, just had the call to say they have a pepsi SS for me, their third. I left no deposit and I'm very much not a big spender there, but I have known them for 20 or more years (probably nearer 30 thinking about it) and live round the corner
Very excited - I guess they allocated to me because hey know I'm not a flipper, I'm an enthusiast, loyal and have a good relationship - When I need my watch servicing I use them and I've bought from memory, a Cartier santos 100 when they first came out, my 16610LV, the SD43 last year and some smaller items like the odd pair of cufflinks and pen. So not a long list and as I say, not a big hitter.
Walked in to a Rolex AD in the West Country today, they had just had a delivery from Rolex and I picked up a Submariner that had been in the window less than an hour.
I could not believe my luck I asked how come they had it for sale and the manager replied that they do not operate a waiting list and never have.
They also had a hulk that had been in the same delivery and that was snapped up by some lucky guy half an hour before I got there.
They also did not keep the books and papers, there was never any mention of them doing so, the watch for me is a keeper anyway, happy days.
I could not believe my luck I asked how come they had it for sale and the manager replied that they do not operate a waiting list and never have.
They also had a hulk that had been in the same delivery and that was snapped up by some lucky guy half an hour before I got there.
They also did not keep the books and papers, there was never any mention of them doing so, the watch for me is a keeper anyway, happy days.
Dave350 said:
It appears your research skills are not as good as your ability to be a d*ck.
I'm a Finance Manager / Accountant (in a sister company to a dealership, translation...not a car dealership) and made the money to buy nice watches through private investments in shares, currently sitting at about a 300% return in my first 3 years of investing.
As you were...
What’s that risk adjusted then champ?I'm a Finance Manager / Accountant (in a sister company to a dealership, translation...not a car dealership) and made the money to buy nice watches through private investments in shares, currently sitting at about a 300% return in my first 3 years of investing.
As you were...
Edited by Dave350 on Tuesday 14th August 10:42
As someone who gets paid to trade for a living I am always impressed by amateurs boasting about their prowess in the markets.
Why still do the accounting if you are such a trading god though?
The excitement I suppose.
jonby said:
I'm surprised anybody makes assumptions these days connecting relatively minor misuse of apostrophes and competence/success/earning power.
I'm also surprised you appear to think everyone who has a 'nice watch' can afford said watch.
Incidentally using the word 'nice' in almost any scenario suggests an incredibly limited vocabulary but in this instance, it's also used incorrectly - you mean an expensive watch, as you reference the ability to afford and there are plenty of 'nice' cheap watches plus of course, plenty of 'not nice' expensive watches
However that doesn't surprise me in the slightest because your entire sentence structure is poor - you use the word 'that' at least once too many times and arguably twice too often in your middle paragraph/sentence. Also the phrase 'you can be so incompetent in the language ' is incredibly poorly worded
I’ll drop you a line if I ever fall far enough to want linguistic advice from you, but thanks for trying.I'm also surprised you appear to think everyone who has a 'nice watch' can afford said watch.
Incidentally using the word 'nice' in almost any scenario suggests an incredibly limited vocabulary but in this instance, it's also used incorrectly - you mean an expensive watch, as you reference the ability to afford and there are plenty of 'nice' cheap watches plus of course, plenty of 'not nice' expensive watches
However that doesn't surprise me in the slightest because your entire sentence structure is poor - you use the word 'that' at least once too many times and arguably twice too often in your middle paragraph/sentence. Also the phrase 'you can be so incompetent in the language ' is incredibly poorly worded
Gassing Station | Watches | Top of Page | What's New | My Stuff