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What is the different between getting a Rolex from local AD and oversea AD?
How come local AD will command a higher resale value?
How come local AD will command a higher resale value?
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The most common thing that comes to ones mind will be a local ad watch is a BMW from performance motor/or a Merc from Cycle & Carriage... Where as oversea AD is like BMW n Merc from PI dealer.
Having said tat, in cars, there are different options to choose with for the same model, where as watch is totally the same pcs u get from either local or oversea ad. Guess I will not go into details of it for cars.
Next, will be pricing. OS AD is with tax rebate where as Local ad u gotta pay 7% GST. Tat is to say, local AD watch in most case are more expensive than OS AD.
So, natuarally if one will to buy from local ad, chances tat they will want to selling higher than those from OS AD. -
Both originate from Rolex!
Every attribute of the watch is the same!, less the serial no.Comment
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Perhaps I will not draw analogy to the BMW PI because the warranty and after sales service offered by most watch service centers are the same regardless of whether u buy from local and overseas AD.Originally posted by 3131T View Post
I'm not really sure if local AD sets necessarily commanding higher price. The advertised price may be higher cos the seller has bought it at a much higher price than the overseas sets and thus don't want to lose too much,but that doesn't mean the final sales was concluded at that price.elusiveComment
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U referring to you buying a used local set vs a used overseas set? Or u buying brand new local set from local AD vs u traveling to Europe or elsewhere to buy a new set from the AD there?Originally posted by benade View Post
A local set in Singapore is regarded as an overseas set by someone else overseas. And vice versa. So really there's no difference.elusiveComment
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Ok if its not appropriate to bring car into discussion here...Originally posted by satch View Post
As for necessarily commanding higher price or not... Y is TS started a thread like this...
As for concluded at that price. Only seller will know...Comment
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I tot TS was asking on resale value? I guess it should be used set he is asking about.Originally posted by satch View Post
As for the vice versa thing, I agree tat there is no difference in the watch phsically...
But there is difference in terms of price... we buy overseas set cheaper due to tax rebate. And same thing, some tourist buy in sgp as there is tax rebate for them too n it might be cheaper then their country tats y they buy in sgp...Comment
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Why are these collectors interested in getting local sets only? This is something which I still cannot understand..Originally posted by maxxamComment
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Originally posted by sty13
Iam even surprised there are such collectors around even if they are the minority. The watch is the same, the quality is the same. Value also the same. Why the preference over them versus overseas AD sets?Comment
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Thanks for all the valuable advise.Comment
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As long as price is right and genuine ....who caresMy Current Collection :
Rolex Submariner 116610LN
Rolex Submariner 116610LV aka Hulk
Rolex Airking 14000
Panerai Submersible Special Edition 364
Panerai Luminor 112
Omega speed master moonwatch 3570.50
Tissot Visodate
Sold and regretted since then
Rolex Submariner 16610
Rolex GMT 116710LN
Rolex Explorer 16570 ( Polar)
Tudor heritage Black Bay
Omega speed master moonwatch 3873.50
Omega speed master pre-moon C321
Panerai Submersible 24Comment
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Why are there new watches in (SGROC) Rolex Garage selling so cheap? Even cheaper than HK.
Can anyone advise?Comment
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Above post
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Nice example on the 10700 with different senerio...
Wow... wow... I feel its a bit harsh on the ignorant n gullible... Everybody starts learning from the day u were born n still learning to the day u die...Originally posted by larry88
As for SS Daytona, u will be surprise that now u can get a black face at list price n some discount for the white face from SG ADs...
Read a comment by bro Oceanklassik... Thumbs up....
And Ive this fren told me he dun mind paying the few hundreds to a thousand more sitting in a local AD, serve with hot tea, try as many model as he wants, having in mind the watch he already decided b4 he walks in...Originally posted by Oceanklassik View PostThere are many reasons as to why some people still prefer to buy a local set. Some maybe ignorant, but in most cases that I have seen, ignorance seemed to be the least encountered.
Other reasons include ease of payment, ie instalment scheme, where most local ADs provide at interest-free. Another is the ease of purchase and availability of aftersales service. On top of these, there's also the relationship built up over years between customers and their ADs.
There is no hard-and-fast-rule whether one should purchase from a grey dealer vs AD. If you have the cash in hand, you tend to save more if you buy from a grey dealer. As long as there is a way to authenticate the watch and you do not mind the hassle, I'd say, go for it!
To add to your curiosity, there's also people who buy not from the grey dealers; not even the ADs, but from the brand boutique. So is this the even more 'ignorant' lot? Ponder, ponder..
So, is he ignorant, gullible, or stupid? This I really cannot answer... To each his own...Comment
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owners who bought their sets locally probably paid a higher price than those who bought overseas or from grey sellers, and therefore when selling they also hope to not lose that much, and therefore may try to advertise at higher prices than overseas sets. however, the final selling price is still a question, whether were they transacted at asking price, similar price as similar overseas sets, or even lower than similar overseas sets, that is really something we do not know. to me, it is just a perception that local sets are 'valued' higher than overseas sets just because some sellers list theirs to ask for higher prices.
i think forumers here would have done their necessary homework before deciding to shop for watches on sg-roc.elusiveComment
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