www.luxuryswt.com - Has anyone used them?

[pb1695]

Whilst casually looking at the usual sites for something shiny and new, I came across this site. The prices seem unbelievably low and therefore I immediately decided it was too good to be true.

I e mailed them about a watch I was interested in, and they replied promptly confirming all of the details, that it was complete with all papers and manufacturers warranty, and that it would be shipped from an official source in Spain and no duty etc. would need to be paid.

The catch was that they could only accept payment by bank transfer for "accounting reasons", however, the purchase would be protected by their membership of buysafeonline.net.

Still intrigued by how they can offer such good prices, I have trawled the net to find something bad about them and have so far not managed. So, has anyone else heard of / used them and are they real?

[The Moose]

Site has only been around since 1st March this year. They appear US based to me?

[pb1695]

Yes they are based in the US - Los Angeles according to the site and company records. When I contacted them, they confirmed the watch I was interested in (Ulysse Nardin Marine Diver) would actually be shipped from an AD in Spain and not the US.

My only real concern is the method of payment, as I would be happy to pay on a CC or Amex and benefit from the protection provided if something goes wrong.

[warmfuzzies]

My only real concern is the method of payment, as I would be happy to pay on a CC or Amex and benefit from the protection provided if something goes wrong.

I think you have answered your question about it.......

k

[yeti]

pb1695 said:

My only real concern is the method of payment, as I would be happy to pay on a CC or Amex and benefit from the protection provided if something goes wrong.

The vast majority of dealers on c24 will only accept bank transfer - it's pretty normal due to fees when buying from outside the UK. However, if the site has only been around since March 1st... that would scare me off!

[Badvok]

The safety/review site hasn't been around long either!

http://www.dnsstuff.com/tools#whois|type=domain&am...

http://www.dnsstuff.com/tools#whois|type=domain&am...

[bigandclever]

Their office is a Regus business centre... not that that is necessarily an issue, just don't expect them to actually be there.

Regus

You'll also find some scam sites (fake handbags) operated using the same address but, again, not necessarily an issue since this is a different outfit.

ETA Actually I'm being polite. I wouldn't touch it with a bargepole.

Edited by bigandclever on Saturday 29th March 10:45

[sunbeam alpine]

Luxury SWT? LUXURY SWT?

Does nobody on here venture into the Lounge?

[yeti]

sunbeam alpine said:

Luxury SWT? LUXURY SWT?

Does nobody on here venture into the Lounge?

Not if I can help it...

Got a link please to the relevant thread?

[Dominic H]

Speaking as a PHer first and a dealer secondly. The prices are almost (99.999999999%) certainly too good to be true.

Let's have a look at a few.

Rolex Sub 116610LN lists at c£5600 in the UK, they have it at $6031 or £3655.

http://www.luxuryswt.com/rolex-submariner-steel-11...

Rolex Deepsea 116660 which lists at £8050, they have at $8021 or about £4861

http://www.luxuryswt.com/rolex/sea-dweller/

Rolex Daytona 116520 lists at £7950, and still sells with a premium at c£8400. They have it at $9221 or about £5650.

http://www.luxuryswt.com/rolex-daytona-steel-11652...

Audemars Royal Oak Offshore Safari/Navy/Volcano, these are £19000 in the UK, they have them at $15100 or about £9100. This is £10k off UK list and comfortably under the UK wholesale that UK AP AD's will pay for them.

http://www.luxuryswt.com/audemars-piguet-royal-oak...

In my experience I would think these fall under the heading 'if it looks too good to be true'......

What are you after OP?

[anonymous-user]

look at the certificates on the side, they are all BS. Safe merchant etc. Probably owned by them. Do not But do not think about buying unless you are happy to waste money, they scream scams.

[toohuge]

I would run if i were you OP.

The UN prices are too good to be true. No one is selling that cheap. If you look around, you can find a new maxi marine diver for circa. 5000 USD, that's about the best you will do from a reputable source, possibly with a warranty too.

Just to give you a heads up - UN watches have huge running costs, especially their rubber straps. So if you go for one, make sure you get a bracelet. The rubber replacement for their straps run at over 400 GBP

What watch are you looking for exactly?

Chris

[pb1695]

Yes I thought it looked too good to be true hence the post. I know there can be quite high margins but looking at the advertised prices either the margins are even better than I thought or they may not be all they seem!

The actual watch I am looking for is a Marine Diver 263-33- 3/82 -

www.ulysse-nardin.com/en/swiss_watch_manufacturer/...

Any help in finding one would be much appreciated, pre owned or new.

Paul

[pb1695]

Yes I thought it looked too good to be true hence the post. I know there can be quite high margins but looking at the advertised prices either the margins are even better than I thought or they may not be all they seem!

The actual watch I am looking for is a Marine Diver 263-33- 3/82 -

www.ulysse-nardin.com/en/swiss_watch_manufacturer/...

Any help in finding one would be much appreciated, pre owned or new.

Paul

[Dominic H]

pb1695 said:

Yes I thought it looked too good to be true hence the post. I know there can be quite high margins but looking at the advertised prices either the margins are even better than I thought or they may not be all they seem!

The actual watch I am looking for is a Marine Diver 263-33- 3/82 -

www.ulysse-nardin.com/en/swiss_watch_manufacturer/...

Any help in finding one would be much appreciated, pre owned or new.

Paul

Hi Paul

The watch retails at £5780, a reliable UK discounted price would be c£4650 or so. The 47% discount they're offering is not possible. I'll check and see what is possible.

D

[toohuge]

Nice watch. I have the blue max and the silver dial MM. Both are great and you will be happy.

As UN is expanding in the UK, the prices are starting to firm up. But you should be looking at around what Dom H has suggested.

Good luck in your search.

There is a blue one on tz at the moment that looks really nice.

Chris

[chris56]

Whilst 45% might not be possible 35% certainly is as I was offered without asking in the UN boutique at marina Bay sands in Singapore. You also get tax back at the airport which works out at another 6%
Soan effective discount of 41%.

[sunbeam alpine]

yeti said:

sunbeam alpine said:

Luxury SWT? LUXURY SWT?

Does nobody on here venture into the Lounge?

Not if I can help it...

Got a link please to the relevant thread?

Sorry for the slow reply - out enjoying the sun all day!

I was referring to the fact that the many relationship threads in the lounge frequently refer to women as "SWT" (snakes with tits), and the conjecture that luxury SWT could prove even more costly.

Later posts seem to support this view, although not for the same reason.

[Dominic H]

chris56 said:

Whilst 45% might not be possible 35% certainly is as I was offered without asking in the UN boutique at marina Bay sands in Singapore. You also get tax back at the airport which works out at another 6%
Soan effective discount of 41%.

Sure Chris, that's an official UN boutique with a large margin in the product as they will be supplied directly. They may also be pro active in making an attractive price on an esoteric watch. But a re-seller having bought the goods from a retailer and supplying with local taxes paid won't get near their advertised prices. As suggested, the prices are too good to be true.....