Deposit for ordering watch

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crr9381

·Jul 25, 2022

I have been working with an Omega Boutique to order a watch that they don’t have on hand, but are able to get. Is there a standard amount that should be expected to put down for a deposit or is it store specific? They were wanting 20% down.

 

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filmluvr88

·Jul 25, 2022

For me it was store specific! I can't recall if it was 20% for my Speedy Racing though I do remember speaking to my Boutique and "negotiating" a percentage I can put down for it.

 

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Evitzee

·Jul 25, 2022

20% is a typical deposit for a watch that is generally available, just to show real interest that the buyer is serious about the watch. It's always refundable.

 

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BarbVl

·Jul 26, 2022

Yes in my country also a deposit of 20% it's regular..Regards.

 

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Trog

·Jul 26, 2022

If it was an AD, I would put down as much as 50% for a hard to get model.

If it's a OB, then 0%!

 

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arkman

·Jul 26, 2022

20% is reasonable, and as noted above, if done at a boutique it is refundable.

 

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DavidSarnoff

·Jul 26, 2022

C crr9381

I have been working with an Omega Boutique to order a watch that they don’t have on hand, but are able to get. Is there a standard amount that should be expected to put down for a deposit or is it store specific? They were wanting 20% down.

In June my AD ordered a Planet Ocean for me that they did not have in stock. I was required to place a 10% deposit.

 

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crr9381

·Jul 26, 2022

Thanks for the feedback and it sounds like 20% is typical. I’m this case, it was for a harder to find model (GSOTM Meteorite) so I didn’t mind,but good to know that 20% should be expected for other models as well.

 

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STANDY

·Aug 1, 2022·schizophrenic pizza orderer and watch collector

20% stops the tyre kickers…. 2013 I had to put $500 down to secure a Speedmaster for a good deal 2 days before the end of financial year and settle the following day.

 

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frasatriani

·Aug 2, 2022

20% is fair, in any case refundable

 

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JimInOz

·Aug 2, 2022·Melbourne Australia

STANDY

20% stops the tyre kickers…. 2013 I had to put $500 down to secure a Speedmaster for a good deal 2 days before the end of financial year and settle the following day.

Wouldn't be a tax write off would it Andy?

😉

 

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·Aug 2, 2022·schizophrenic pizza orderer and watch collector

JimInOz

Wouldn't be a tax write off would it Andy?

😉

No it’s my favourite time to purchase anything expensive. Being a sales rep after butchering it was always settle up time and sell as much stock as you could before end of financial year close.

Bought both watches I have ever bought new in June.
Speedmaster 2013 and a Tag Monaco 2006. Saved a great deal 😉