Rolex AD Frankfurt airport
Rolex AD Frankfurt airport
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Mad Scientist

Original Poster:

811 posts

101 months

Saturday 26th January 2019
quotequote all
Had a bit of time to kill yesterday, so went into the Rolex AD in Frankfurt terminal 2.

After a quick chat it became apparent that they had a sub date stashed in the back.

Unfortunately, they wouldn’t sell it, because I didn’t have a relationship with them! There’s me thinking the airport ADs were a bit more pot luck.

After a bit of banter they actually said I could buy it.........if I spent 10,000 Euro on something else.

I know the drill, but this stuff is so irritating.

Opening soon at all major international airports: Porsche OPCs

Wilmslowboy

4,640 posts

228 months

Saturday 26th January 2019
quotequote all
Strange, I got a very different response from schiphol airport, who I have visited pretty much every week for the past 6 months, they said

No knowing what they were getting in stock or when, and no waiting list (black book of names).

Stock on the shelves day it arrives, first come first serve.

Mad Scientist

Original Poster:

811 posts

101 months

Saturday 26th January 2019
quotequote all
Got told the same at Amsterdam. Walked in one day last year and they were just unpacking a BLNR GMT. I passed as had just got a black GMT........in hindsight.......

Frankfurt clearly part of another group, as they very nicely said I could spend my 10k bumper on an IWC or Omega too.

hixster

354 posts

239 months

Saturday 26th January 2019
quotequote all
Mad Scientist said:
Had a bit of time to kill yesterday, so went into the Rolex AD in Frankfurt terminal 2.

After a quick chat it became apparent that they had a sub date stashed in the back.

Unfortunately, they wouldn’t sell it, because I didn’t have a relationship with them! There’s me thinking the airport ADs were a bit more pot luck.

After a bit of banter they actually said I could buy it.........if I spent 10,000 Euro on something else.

I know the drill, but this stuff is so irritating.

Opening soon at all major international airports: Porsche OPCs
Sub date shouldn't be too hard to come by in UK. Most ADs can source one for a new customer in about 6 weeks.

Edited by hixster on Saturday 26th January 21:59

Coxey

507 posts

129 months

Sunday 27th January 2019
quotequote all
hixster said:
Sub date shouldn't be too hard to come by in UK. Most ADs can source one for a new customer in about 6 weeks.

Is this correct? I bought an Explorer 2 a year ago with a view that I would be put on the list for a GMT not heard a dicky bird
Edited by hixster on Saturday 26th January 21:59

hixster

354 posts

239 months

Sunday 27th January 2019
quotequote all
Depends on dealer and location but my exeperience. I waited about 5 weeks after expressing initial interest befor being able to buy a GMT in 2017. Date Sub this year, got a call back after 4 weeks. Worth the occasional follow up call with AD but avoid pestering.


Edited by hixster on Sunday 27th January 15:33

immigrant

397 posts

217 months

Monday 28th January 2019
quotequote all
Mad Scientist said:
After a bit of banter they actually said I could buy it.........if I spent 10,000 Euro on something else.
Absolutely ludicrous for such prosaic watches. And I say that as an owner.

Buy something else.

devnull

3,847 posts

179 months

Monday 28th January 2019
quotequote all
Wilmslowboy said:
Strange, I got a very different response from schiphol airport, who I have visited pretty much every week for the past 6 months, they said

No knowing what they were getting in stock or when, and no waiting list (black book of names).

Stock on the shelves day it arrives, first come first serve.
I got told the same - pot luck, if it's there, you can buy it.

fk this relationship bks.

smithyithy

7,767 posts

140 months

Tuesday 29th January 2019
quotequote all
devnull said:
I got told the same - pot luck, if it's there, you can buy it.

fk this relationship bks.
Have to agree, sounds bloody ridiculous..

If they only have a certain allocation coming in then I can understand offering them to existing customers first, but if they have something 'available' that they're just refusing to sell to someone there and then with money in hand..

xto

261 posts

196 months

Tuesday 29th January 2019
quotequote all

My relationship with a Rolex AD Airport started recently (last 2 years) when i bought two high value pieces on one go. that really set the tone and i capitalised on it. i befriended the manager and the floor salesperson there and made sure i kept in contact every now and again and when i passed through the airport. It helped as i was able to buy at tax free retail price a blue face sky dweller as well as a sub/black date. i bought the Sub simply to (1) keep the relationship and (2) i would actually lose money buy not buying it, as from what i have seen the 2nd hand market is at close to £8k and if your buying sub £6k your quids in.

i say the above, as i would be quite annoyed if after all the investment i made with that AD someone can simply walk in randomly and buy a high demand watch. maybe not the black sub/ date, but say if it was a Pepsi/ jubilee.... that is the next target for me and i think customers who show intent to build up a collection and are not flippers, should have the benefit of the AD's making sure certain watches are reserved for loyal customers.

i accept that the flip side that some people are restricted on buying, but sadly it seems that this issue is not created by the AD but by the flippers/ IG sellers who seek to take advantage of the market. The AD are simply protecting their business.

funinhounslow

1,927 posts

164 months

Wednesday 30th January 2019
quotequote all
xto said:
It helped as i was able to buy at tax free retail price a blue face sky dweller as well as a sub/black date. i bought the Sub simply to (1) keep the relationship and (2) i would actually lose money buy not buying it, as from what i have seen the 2nd hand market is at close to £8k and if your buying sub £6k your quids in.
Apologies if I've misunderstood but you still have to pay tax on the Sub on entering the UK?

Otherwise I think you'd struggle to sell it on at all, never mind at a significant premium...

Barchettaman

7,090 posts

154 months

Wednesday 30th January 2019
quotequote all
If it’s worn in on the wrist, is Mr HMRC necessarily going to have to know about it?

devnull

3,847 posts

179 months

Wednesday 30th January 2019
quotequote all
Barchettaman said:
If it’s worn in on the wrist, is Mr HMRC necessarily going to have to know about it?
Probably not, but has been discussed at length before.

I came back from my sales conference this year. Most of the account managers wore a Rolex of some sort. As we left, of them walked out through 'nothing to declare' without so much as a random check.

funinhounslow

1,927 posts

164 months

Wednesday 30th January 2019
quotequote all
Barchettaman said:
If it’s worn in on the wrist, is Mr HMRC necessarily going to have to know about it?
Well you either pay the tax due or be stuck with a watch that no legitimate buyer would touch with a bargepole.

Either way the "plan" of flogging an untaxed £6k Rolex for eight grand is pure fantasy.

TarquinMX5

2,461 posts

102 months

Wednesday 30th January 2019
quotequote all
xto said:
My relationship with a Rolex AD Airport started recently (last 2 years) when i bought two high value pieces on one go. that really set the tone and i capitalised on it. i befriended the manager and the floor salesperson there and made sure i kept in contact every now and again and when i passed through the airport. It helped as i was able to buy at tax free retail price a blue face sky dweller as well as a sub/black date. i bought the Sub simply to (1) keep the relationship and (2) i would actually lose money buy not buying it, as from what i have seen the 2nd hand market is at close to £8k and if your buying sub £6k your quids in.

i say the above, as i would be quite annoyed if after all the investment i made with that AD someone can simply walk in randomly and buy a high demand watch. maybe not the black sub/ date, but say if it was a Pepsi/ jubilee.... that is the next target for me and i think customers who show intent to build up a collection and are not flippers, should have the benefit of the AD's making sure certain watches are reserved for loyal customers.

i accept that the flip side that some people are restricted on buying, but sadly it seems that this issue is not created by the AD but by the flippers/ IG sellers who seek to take advantage of the market. The AD are simply protecting their business.
In my experience, most salesmen (or women, for that matter), have a fairly simple (as in not-complex) mindset and that is to make sales and earn money. There are few, if any, who work to any other principles and unless it's a long-standing personal relationship / friendship it's a fallacy to think you receive 'special treatment'. Yes, you might be fawned over but so will the next person who might make a purchase.

'I would actually lose money by not buying it'; well, you wouldn't 'lose' anything although you might miss the opportunity to make something. They're not really quite the same thing. If you want certain watches reserved for loyal customers I think you might need to 'spend a bit more' with that AD, assuming you want to be seen as a loyal customer. You can call it what you like but the AD's bottom line is 'what's in it for me'.

The funny thing is, this nonsense only seems to really be noticeable with Rolex, I certainly haven't come across it with other 'prestigious brands', certainly those further up-market.

If you're after decent property and would like to become a 'special customer', why not simply buy the odd one or two , through me, to set up our relationship and then I promise I'll classify you as a 'special customer' and let you have first refusal on even-better ones coming to market. Obviously, I'd do that because we're friends, not because it makes my life easier and helps my bottom line. Honestly.

Let me know.

GTEYE

2,365 posts

232 months

Thursday 31st January 2019
quotequote all
funinhounslow said:
Barchettaman said:
If it’s worn in on the wrist, is Mr HMRC necessarily going to have to know about it?
Well you either pay the tax due or be stuck with a watch that no legitimate buyer would touch with a bargepole.

Either way the "plan" of flogging an untaxed £6k Rolex for eight grand is pure fantasy.
How would anyone know? You sell with papers, not with an invoice.

Barchettaman

7,090 posts

154 months

Thursday 31st January 2019
quotequote all
GTEYE said:
How would anyone know? You sell with papers, not with an invoice.
Yeah, that was what I was thinking.

GT03ROB

13,971 posts

243 months

Friday 1st February 2019
quotequote all
devnull said:
Barchettaman said:
If it’s worn in on the wrist, is Mr HMRC necessarily going to have to know about it?
Probably not, but has been discussed at length before.

I came back from my sales conference this year. Most of the account managers wore a Rolex of some sort. As we left, of them walked out through 'nothing to declare' without so much as a random check.
Quite, thousands of Rolexes come through customs everyday without a twitch from HMRC, it's an overplayed risk.

lostkiwi

4,585 posts

146 months

Friday 1st February 2019
quotequote all
GT03ROB said:
devnull said:
Barchettaman said:
If it’s worn in on the wrist, is Mr HMRC necessarily going to have to know about it?
Probably not, but has been discussed at length before.

I came back from my sales conference this year. Most of the account managers wore a Rolex of some sort. As we left, of them walked out through 'nothing to declare' without so much as a random check.
Quite, thousands of Rolexes come through customs everyday without a twitch from HMRC, it's an overplayed risk.
Does happen though.

https://www.newarkadvertiser.co.uk/news/customs-st...

However if buying in the EU it's not a problem as tax is paid. Important to note Switzerland is not in the EU so tax applies. Of course all this Will change Match 29th (along with cigarette and alcohol allowances).

Edited by lostkiwi on Friday 1st February 06:03

GT03ROB

13,971 posts

243 months

Friday 1st February 2019
quotequote all
lostkiwi said:
Does happen though.

https://www.newarkadvertiser.co.uk/news/customs-st...

However if buying in the EU it's not a problem as tax is paid. Important to note Switzerland is not in the EU so tax applies. Of course all this Will change Match 29th (along with cigarette and alcohol allowances).

Edited by lostkiwi on Friday 1st February 06:03
I think we've discussed this before & yes it can happen but very unlikely. The example I believe I gave previously was from last year when I came back from St Lucia. For the first time ever got stopped going through green channel at LGW. Pulled over, both wife & myself wearing nearly new Rolexes. Not even noticed or commented on, quick flick through my passport & off we go.