Damn , misheard rolex for timex, asked for 25% off and got thrown out of argos....

I asked for a shop window discount the last time I was in Amsterdam..... but it didn't end well.

@derekclifford3546

3 жыл бұрын

🤣

@leemartin2978

3 жыл бұрын

Didn’t end that well for the seller too though ?

@ianskelly6911

3 жыл бұрын

No happy ending?

Good advice from you as always. I enjoy the occasional bit of wheeling and dealing and today I bought a watch from Cash Converters, a Hamilton, American Classic, Intra-Matic, H387350. It is mint condition and hardly worn. Only paid £395 GBP. It had been in the shop window since January and I offered £300, too low, so asked him what he paid for it, was £360, I know he has a business to run so made the offer of about 10% over his purchase price, which he accepted. A bargain and I got a very elegant and well made watch with a very nice ETA 2892-2 movement.

Don’t ask, don’t get, be happy and ready to walk out, you can always go back after a coffee.

In my experience. It can be down to the area (affluence). When I was in the market for a Kermit, every AD in Manchester and surrounding areas such as Wilmslow all said no to any discount. My home town of hull however, gave me a very nice discount. This was during 2006.

Great advice Paul. Ernest Jones in the UK has had a few sales on luxury watches since the lockdown & has offered up to 30% discounts on some Longines & Bremont models & 25% on some Omega ones. Well worth asking for a discount!

Thanks for the Vid Guvnah, in Glasgow, if you've got a pair of running shoes you can get 100% off a shop window watch....but you'll need a brick to collect your discount....

Paul, You are such a treasure trove of information. My son and I have learned and used many of the things you talk about. Keep up the good work . You are truly appreciated.

I've been fortunate to have a fair AD willing to work with me in Vancouver. Bought a DJ 41 as a retirement gift for my dad and had a 114060 on my wrist within 5 weeks. Canadian retail prices are very competitive too considering currency weakness over the last few years.

I was on the waiting list at a AD for a steel Datejust41 for 10 months, just picked it up 3 weeks ago. Datejusts are just as hard to get as a Steel sports model, no way a discount is possible. In fact the AD laughed his head off when I inquired after 6 months, saying that a 1 year wait is minimum!!

Great video Paul I was at my ad today in Louisiana and he knows I want an explorer offered me from the “safe” a datejust white dial 41mm oyster bracelet Witch caught me off guard. Offering a more expensive watch to get an entry level sports model. This video Was a real eye opener on how to engage with ADs in my current situation.

I've got to say thank you for your videos paul, I'm only a couple years into watches, started with the usually ones 1st! Then up to CW watches but I bought a nealy new Tudor heritage 41mm steel and gold, and had a great discount too! After watching your video and I'm over the moon with it 😊 keep it up and your a gent also!! All the best mark 👍

Great advice, thanks Paul! Your going to save alot of people alot of money with this👍

Helped a friend buy an Omega De Ville recently that had to be ordered in, so not in the store window , and didn’t have any problem getting 20% off . You can always leave your number and ask them to call you if they change their mind, and that you’ll be around for another hour .....it depends how badly you want it

These videos are brillant Paul, I really enjoy these insider tip videos!

Great video with what I feel to be realistic figures. I’ve walked away for more dealers than I think I’ve purchased from but I’ve never left unhappy. Never want champagne, never want any giveaways, I want what I feel is a fair price. Also, for most things there is the Grey Market where deals can be had from honest dealers.

The wrong time to ask for a discount is your first visit to the AD you plan on developing a relationship with.

One of the best, and most useful, watch videos I have ever seen. Great advice to anyone interested in purchasing an heirloom quality watch, thank you!

Great bit of advice! Thanks Paul.

Thanks for the great advice!

Priceless advice all absolutely free of charge ,many thanks Paul for another great video

Interesting advice as always Paul👍🙂

buying Rolex in the airport is usually very good deal, not long ago I saw decent selection of date just. either bi metal or steel models like wimble done and blue face. it's about 13% discount in the airport.

I bought a yachtmaster about 18 months ago from an AD. It was the 40mm steel with platinum dial (can’t recall the model no.) I think at the time it was priced at around £8700 or so. I went to try it on and said I’d think about it for a day or so. I called them and said I would like to buy it but was looking for a deal. I was offered it for £8000. The way the salesman spoke and the way he said £8000 in a slightly raised tone ( like most youngsters do nowadays as if they’re asking a question) made me think I could do even better. I told him I’d see him the next day, and when I went back I played the not totally sure card. I said I’d have it if he could do it for £7800. He agreed so my message is have a go, be pleasant and not cocky and play them at their own game.

Good advice there paul , what discount do you think would be reasonable on a hublot spirit of Big Bang

Great advice Paul thanks

Your Duty free advice is interesting ..personal import allowance for goods is £390 after this there is 20% vat possibility of duty too... Good luck trying to walk out of a departure lounge through arrivals (assuming you don’t try and go back through departures!!!) The sound of rubber gloves snapping onto big hands will be deafening!!

Discount, money off, sale, all good sounds to my ear. Tudor AD will tell you they are not allowed to discount and some have company policy to that effect (Harrods) but once a good relationship exists 20% is possible on models such the chrono, alittle less on the GMT. Thanks Paul, I am amazed by the folk that say, you can't ask for discount as the staff may think you rude. I think it is rude not to LOL If you are a little flexible in model choice, then I would be asking 30% upwards on Breitlings and 25% on omega. However, when on promotion or sale I have seen 40-50% on such brands, more on the likes of Tag Heuer, bearing in mind a residual of 30% on some brands (excluding fashion watches which could be as low as 10% if that). When a watch is discontinued it is prime time for a deal so to speak. I recemtly got 50% off a Breitling Chronomat B01 as it was being replaced and had been in stock about 18months. I am going to use it as a daily wearer so residual not so important, but sure I would lose money even at that discount level. Moral is beware of the market place for your chosen watch and do the research. Perhaps look at Paul's previous video on the subject.

I bought the two tone Tudor chronograph a few weeks ago, retail £5240, I got it for £4700. Well worth asking for a discount.

Good tips Paul. I agree that if you don’t ask, you don’t get. No harm in asking.

Is the Datejust41, fluted bezel, jubilee bracelet and rhodium dial a good buy ?

One of most honest watch dealer (Retd). Good luck Paul.

Thanks. What about Cartier tank?

Hi Paul, thanks for the information. Can you still get a discount if taking 0% finance or is that out of the question?

the type of watch advice everyone needs to hear!!!!!

A bit random but I’d like a video on polo shirts and bomber jackets Paul. I’m definitely on the same page as you. 👍

Called all ADs in norway to get a blue tudor bb 41mm. Only one of them had the watch. No discount, but got the watch. wondering if tudor is heading the same way as rolex. Got 10% on my speedmaster tho 🥳

Great content. Very informative.

Paul, If you take advantage of ad's %finance on luxury watches (rolex excluded) Would a discount still be available on a shop window watch.?

Great video Paul I'm going for a bi metal date just before Xmas. New I'll ask for a discount

Always Churning out useful videos for general public. You keep going Paul! Superb video as usual!!

I bought a Rolex rose gold sky-dweller 326135 new in august. I got a 25% discount from my local AD.

@Weakeyedominant

3 жыл бұрын

That's a gorgeous watch. The shop manager at the AD in Belfast wears one and its classy as hell. Miles out of my price range though even with 25% off.

Is 25% off jlc reverso a good discount? I know the moment I walk out with it the depreciation will be 50-60% off for a reverso

Hi Paul. Great advice, but what discounts, if any, are available at the airport duty free, after all the tax free aspect doesn’t effect their profit margins. Are they able to negotiate on price? Many Thanks Mike

I am saving for a Seamaster 300M blue on gray dial, thank you for sharing discount ideas, looking for at least 20% off.

@balconybbq6582

2 жыл бұрын

I just bought this watch last week

As always you hit it right on the head I’ve never asked for a discount and paid £400 more then my work buddy ouch

Excellent advice 👌 thank you . Im not interested in Rolex but an Omega smp or a moon watch With a discount yes please .

Just wanted to add some experience I have had. In Harrods fine watch room, you won't get a discount. They'll instead push their Harrods points card on you. As for Omega, their boutique in Old Bond Street, they weren't willing to budge whatsoever on the price of a Seamaster 300M, not even 5% off (despite prices rising literally that weekend before I visited) - which I thought was quite shocking (instead they were offering a free first service for around £450 as means of my "discount"), so I walked away.

Thank you Paul, appreciate these videos 👍

Sound advice from a sound operative cheers Paul.

If you don't ask you don't get. So true Paul 👍 Helpful as always

I bought a 36mm OP last December and asked for 5% discount as it was in the shop window. I even said to them that if I got 5% off I’d pay in cash and they said policy was no discounts on any steel models, professional or otherwise. So I basically said that if they weren’t playing ball, I would put it on credit card so they had to pay card fees. So I did.

@montana7749

3 жыл бұрын

adidas 76 I already have an explorer 39 and a sub date, but the OP was a Xmas present to myself. I’ll definitely be getting another 36mm at some point (probably datejust). Very comfortable to wear. But I was on the wait list for a hulk for 18 months and then it was discontinued. Really pissed off. I’m not playing the AD games anymore. Next watch will be an Omega.

@montana7749

3 жыл бұрын

adidas 76 I agree. No more waiting games, and I refuse to pay grey market stupid prices. Longines Spirit 40mm on bracelet is on my list for next year too. Gorgeous watch. ✌🏼

I bought a nice Seiko 5 of Ebay £190 or offers, i offered a cheeky £150 to which the prompt reply was £170. I then offered £160 and then i remembered the walk away and left it for the night. The next mid morning the £160 bid excepted and i bought it. Thanks Paul , you saved me £30 mate! I know it's not a Rolex, but as they say, if you don't ask, you won't get. I think we all just love watches. 😁

Hi Paul, I just like your video's as your the only channel on youtube that watches of Switzerland don't advertise on 🤷‍♂️😂

Unless you are VIP, it is near impossible to get any sports models for MSRP. Always a shortage it seems.

imagine going into an AD saying that another AD can do 20% (an unreasonable discount an AD would very rarely offer) and then working backwards to less of a discount... yes i buy the watch at 20% off elsewhere but in your store ill settle for 12 %...the AD will know youre lying the second you say this

Thank you for this video! Got a 20% discount and a free strap on a Longines Dolce Vita Automatic. Wouldn’t have thought of asking for a discount without this video.

Another great video Paul and top advice. 👍

Late last year, without asking my AD, I was offered 15% off of a Tudor Ranger. I said if they had a North Flag I'd be interested. They did not.

Times have changed. I got 20% off my BI metal Submariner. But that was a long time ago

Is it possible to get a discount if using finance?

Is the Rolex rose gold Wimbledon date just a good investment ???

What about rolex/Cartier for ladies (in a small town?) How much discount can I ask for if I pay with debit card instead of credit card?

“I’ve got another AD that will discount me a Rolex” “Oh yeah? Who? Will call them. if in fact they are, will give you the discount...” *dam they called my bluff*

Just grabbed my first Rolex (OP36 126000) last week form goldsmiths. Was waiting around 4 months and got a call, would you recommend asking for discount even after joining register of interest?

You don’t necessarily have to say that you can get that watch somewhere else cheaper. Just say to the salesperson that you have seen that watch in the window for awhile now and that you adore the watch but can only spend x amount. But make it a reasonable amount, don’t be stupid with it and if the salesperson doesn’t agree, then leave your name and number for them to allow to think about. It is the same with cars. But make sure you have the money ready otherwise you are going to look just like any other tyre kicker. It makes sense Paul what you are saying about the second hand market. People have been online shopping during the pandemic and second hand watches are easier to purchase online than new watches. I’ve looked online at Australian watch dealers and I’ve noticed too that they have few watches available for sale.

@robertn3121

3 жыл бұрын

Tom Newham exactly the right advice.

These comments relate to UK only (but much also applies to EU): - I did press hard for discount off a £29k president from a small, independent and refitted boutique. No chance. As I mentioned 18 months ago, we are now fully into the new Rolex “hub & spoke” and “exclusive area” distribution model. No discounts are given, or should I say “allowed”. - Instead, on high value models only, expect free merchandise. If lucky, Watches of Switzerland will give you something decent, recently a £250 Wold watch winder. But less valuable times are available e.g. a pad, a Rolex engraved pen, a Rolex crown brand umbrella, a wallet. etc. Watches of Switzerland also provide a comprehensive 10 Year Warranty. - You gain credit with the dealer and start (or continue) a long term buying relationship with them (rather than Rolex). Remember... ALL WAITING LISTS ARE DEAD. Instead they now examine their books for valued customers who buy regularly, support the brand, and don’t flip - even simply promise not to. People who wear and enjoy the watches, and walk back into the same shop 18 months later with that Steel Daytona on the wrist. - In this new world, not only do you immediately get the warranty card, no name is on written it, just the purchase date. The name is meaningless really, as the watch, it’s registration number etc is all held by the dealer and Rolex on computers. - What happens then is YOUR dealer will source you that steel Batman, Pepsi or Daytona. The call may come out of the blue, no strings attached. Just treat it like a marriage - be faithful. He’ll expect you to buy non sports over time, and you do with no direct expectations. - in the new distribution model, Rolex have followed Car Manufacturer “hub & spoke” processes to the letter. In this order - new contracts, terminate under performers (they become spoke shops of bigger hub dealers), facility upgrades, reduced discounts, new sales standards, and a measurement of “pump in” and “pump out” (measuring sales within their allocated geographical “zone” rather than outside). - the last point is important. It will be tough to start a relationship outside of your zone. There are exceptions e.g. the Canary Islands, where tourism dominates. Everything will be pump out, so here you might get a discount but more likely a bundle agreement. I’ve been offered that twice i.e. buy a £30k Yachtmaster and get a steel Batman. Is all the above accurate, well ...ask Paul. All my predictions on this were posted and came true (including this years releases, sub movement, different sized strap, no Everose Sub, this hub & spoke model etc). He knows as he’s seen my details, watches, previous posts and more. I also got that telephone call for a steel sports and sent him the proof. I’ll be buying some expensive Rolex items soon. I’ll then and soon get a steel Daytona or Pepsi of my choice. But I’ll be buying even more after that. It’s a relationship. £100k plus for sure over time. And before you ask, I have never been on a Rolex waiting list. So how else did I get that steel?

@jcwatches6573

3 жыл бұрын

John Scott interesting. Is it true that if you have just been put on a “register of interest” for one of the hot, new Rolex 2020 releases, that by virtue of being on it you will get one eventually? Those that can’t get one, just won’t make the list?

@johnscott4693

3 жыл бұрын

J C84 Thx for comment. To answer/correct you slightly, No....There is no waiting list. Each dealer has a number of high value steel sports which they now allocate each quarter as I’ve advised. The dealer only looks after regulars, so there’s an “ultra short list of valuable customers” with no deposits required for their requests. What you buy over time (and importantly even historically, ie as of today) is all that matters. If you’ve been on a list for 7 years, not got that Daytona, forget it ... the list is no more. Dead. This will kill the grey market of course. Ferrari operate in exactly the same way. It’s true I mentioned my interest in a certain Steel sports a few months ago, just in passing, when I was in looking for something else of high value. Out of the blue I got a call three weeks ago... literally she said ... “I know you’re interested in this, I know you’re a good customer, I also know you’re looking to by a 31mm Gold Date Just next year for your wife, we are now operating on a new basis to look after regular Rolex customers like you ... I have one for you right now. Let’s start a firmer, long term relationship.” I bought it the next day, no strings. But she knows I’ll be buying the 31mm in gold, and / or more likely, the new yellow gold £30k, 41mm sub. I told her I’d probably buy both as a gesture of goodwill to her. The all new subs are due in 6 weeks she said, and I’ll buy one when it come in, so I’ll be one of the first in the county too. Maybe that’s a favour - a small one at £29,500 !! So she trusts me. Then I buy the Sub. I trust her. She will get me the steel Daytona but I said no real rush; my collection will take time, and I don’t have that much spare cash just lying around. This is my Rolex collection to complete, over time, I’m no flipper. I think it’s a better way overall.

I now have the strong feeling buying a new Datejust :)

I walked into an AD in Salamanca in August and tried on a Rolex OP 36mm white dial 116000. The store was dead empty all day and the staff very pleased to see me. They wouldn’t give me 1 cent discount because “Rolex do not allow them to”. I walked away.

@johnscott4693

3 жыл бұрын

J C84 Yes see my comments

@FranciscoGarcia-ry9jg

3 жыл бұрын

I bought my girlfriend an OP 36 mm in my local AD two years ago, beautiful grey dial, shop window watch, they offered me 8% discount. They can negotiate if they want.

@johnscott4693

3 жыл бұрын

Francisco Garcia Yes, exactly... “two years ago”...

@FranciscoGarcia-ry9jg

3 жыл бұрын

@@johnscott4693 Rolex legally can't forbid them to apply any discount to, they buy and sell watches with a margin. I think that many AD's don't want to damage their margins but they have to sell a minimum of watches too, they need to find the balance. If they continue with some actual policies they only sell a few watches to real customers, the rest will go to grey market.

@johnscott4693

3 жыл бұрын

Yes. I am (technically was) a commercial Lawyer. It’s defiantly illegal in the EU, not sure elsewhere, but it’s vital to appreciate the unwritten rules of business. For example, EXACTLY the same happened with the first few year or so sales on [BMWs] mini and then VWs First few Beatles. All of these examples are from the same FRANCHISED business model. Nothing was ever said, but anyone that started to discount minis and Beatles stop getting the hot, profitable cars. so...If the Rolex shop begin to regularly discount they will find the supply of hot watches suddenly dry up. Then they miss their sales targets, then they’re terminated. Nothing in writing. But Rolex effectively pull all the strings.

I bought a few watches to my Ad and my next watch is probably a Bvlgari Octo Finissimo in steel . I didn't ask yet but how much do you think I can ask in % ?

@delia93010

3 жыл бұрын

22%

how about the Explorer 36mm and the Air King? ok to ask for 10% - 15% discount?

Awesome! Thanks

Just bought Omega Globmaster at an AD in Frankfurt €1,500 off. Could not be happier.

Paul, how much discount should I ask, and how much do you think I’d get, on a brand new lange Saxonia? Straight from a boutique.

@PaulThorpeOfficial

3 жыл бұрын

At the lower end the discounts (if any at a boutique) will be smaller. Try 10%

Nothing ventured nothing gained. You want to buy. They want to sell. A professional transaction. Provided you act with decorum and politeness, the whole process should be pain free.

Paul's coming to NYC to help me negotiate a new watch 🙃

Great video Paul, I think the best discounts are to be had in Panerai, and Tag Heuer. I got offered 50% on a 42 Panerai and 60% on a Tag Chronograph.

@rey_s90

3 жыл бұрын

60%?!!!!!

You said probably don't ask for a discount on a Rolex steel sports model. What about a common Yacht-Master 1 in a 37 or a 40mm?

In India currently you’d be lucky to get a 3% discount on any bi-metal DJ. Heck! even a lady dj! Most will say no discount at all and a good AD with some referral or purchase history will give a 3% maximum. Things have changed a lot in the past 2-2.5 years mainly due to social media hype! you could easily get a 12% discount even on a sub 3 years back!

Great video 👌🏻👍🏻🏴󠁧󠁢󠁷󠁬󠁳󠁿

Looking into getting my first luxury watch either the Omega Seamaster 300m or the bb58 , don’t think I’ll get anything off the bb58 but what sort of discount should I be asking for when it comes to Omega ? Any help would be appreciated 😃

@michaelrimmer338

3 жыл бұрын

TheAgeRating I’ve been offered 10% off a Seamaster before the recent prices. I wouldn’t settle for any less than that, they’re not hard to source.

@TheAgeRating

3 жыл бұрын

Michael Rimmer okay thank you 😊

I was offered £100 off a Tudor BB chronograph today from our favourite national group of watch retailers, but could still buy it considerably cheaper from an independent shop. Looks like I will be on the S/S Submariner list longer now 🙄

Thanks for your advice regarding new purchases. Paul i have heard you say ppl email you everyday regarding watches. How could I email you with regards to some of your advice on selling my watches to get something else I may want...

@noeliepollie1973

3 жыл бұрын

Paul I think I found your website with your bio & links to this channel. I did email so I may hear back sometime 🤞

Sound advice, and no shame in doing the poker face

Great video

Hi Paul, I'm wanting to buy a Tudor Black Bay Ceramic from an AD and they have to order it in. I have no buying history yet with them but I am on their list for a Rolex Explorer. Do you think a discount is possible? Thanks, Paul

@PaulThorpeOfficial

3 жыл бұрын

You can ask but in the current climate with a new model its probably going to be a no! Good luck though. Worth trying.

Im looking for a Black Bay 58, most ADs have offered a waiting list with a £500 unrefundable deposit!

@granto6738

3 жыл бұрын

Tell them to f off, get a omega 🌊

Duty free does not mean you don't have to pay vat. You will have to pay the vat when you enter the eu. In Belgium it is, 21 %. If you ask the best price of a, steal and gold datejust 36 in Spain, you would probably get 15% OFF at an AD. I asked and That was there proposal with out real negotiation

Glashutte Original discount Paul on a seaQ ? 25%+

personally I don't like to ask offers, I just feel destroying all experience and 5% off not that much wining. but hey, if you different mentality go for it.

I cannot for the life of me figure out the room you are stood in. It’s like that room Willy Wonka goes into where it gets smaller the further you walk into it! It hurts my head!

Just bought a Tudor Pelagos and traded in some store credit and still got 10% on top. So ask!

@robertn3121

3 жыл бұрын

Robert Sullivan You will likely get 15%

OK only a Seiko walked into a small dealer and offered 40% off his sticker price .. He accepted.

Is it too early to try and ask for a discount on a 41mm OP .. I can see some on ebay , even small sizes asking for silly money! I thought it was lower end of range , basic but the coloured dials have made people hype them up... I could try I guess...

@chrisb.h4605

3 жыл бұрын

I mean if you can't even get an OP , if things have got that bad... is Rolex even worth the bother?

In the UAE AD's (most brands including Rolex [of course not steel sports model]) will tell you the price of the watch and then tell you straight up that there is 10-20% discount without you even asking since they expect people to always ask. One of the large watch Reseller groups here, Rivoli gives up to 30% off one some brands like Rado for example Another thing, the most they will say is, sorry sir/ma'am there's no discount. It won't be the end of the world!

A family friend AD gave my family 40% off so there is plenty of markup and we don't live in a VAT country. He has since died and now if I want an expensive watch I just buy it used. Just like I do with homes, cars, boats and planes.

Paul can I get loan from you To buy my first Rolex watch?

I was offered duty free from Heathrow when I went to Portugal in August - Terminal 2 :)

Wish I’d have saw this video Paul before I bought my Tudor gmt, I paid full price, I certainly won’t be making the same mistake again with my next purchase

Paul, even the new Snoopy Speedy ?

@PaulThorpeOfficial

3 жыл бұрын

Nope, I very much doubt that.