Is this legal from Bucherer?

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I still believe that you should document all of this and publicise it in the local and national press in your area. Just keep the facts straight and ask for their views on whether their processes are ethical?

You can copy the letter to Rolex, in fact copy it to everyone with a vested interest, the more people who see this the better.

I am sure that many other AD's are doing this, but it is about keeping the knowledge away from the customer, be explicit tell the customer that it will be a long wait, very long in fact, but never ever string the customer along and then drop the bombshell, just doesn't work.

My AD operates this way and does expect customer to buy something first but doesn't tell them, but the AD will supply you an individual watch but only when all those customers who have bought something else have been supplied, and as that list never really gets any shorter, getting the watch is almost impossible.

As I bought my DJ41 I am now entitled to buy anything else, just have to wait bit, if I buy the wife the DJ36 she wants, that wait time will come down. My issue, don't know which watch I want from the 'hot list'.
Speedmaster
 
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Maybe in EU someone could play the system a bit, make the purchase by phone or email and then remind them that any purchase online or by phone can be returned in 14 days no questions asked? And get the money back for the second piece and then never visit them again. Would that work? 😟
 
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I still believe that you should document all of this and publicise it in the local and national press in your area. Just keep the facts straight and ask for their views on whether their processes are ethical?

You can copy the letter to Rolex, in fact copy it to everyone with a vested interest, the more people who see this the better.

I am sure that many other AD's are doing this, but it is about keeping the knowledge away from the customer, be explicit tell the customer that it will be a long wait, very long in fact, but never ever string the customer along and then drop the bombshell, just doesn't work.

My AD operates this way and does expect customer to buy something first but doesn't tell them, but the AD will supply you an individual watch but only when all those customers who have bought something else have been supplied, and as that list never really gets any shorter, getting the watch is almost impossible.

As I bought my DJ41 I am now entitled to buy anything else, just have to wait bit, if I buy the wife the DJ36 she wants, that wait time will come down. My issue, don't know which watch I want from the 'hot list'.

Publicize it via media? You'd get laughed out as #firstworldproblems.
 
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Ahhh, retailers forget the power of the internet. I’m sure if we keep mentioned Bucherer and the game they played with you, this thread will climb the google searches. And they forget that the watch community isn’t that large and we are like a sewing circle.
Everyone knows Rolex is run by Asshats- that’s old news.
 
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I'm sorry to hear about the Op's terrible experience 🙁 The practice is abhorrent and this is certainly one of the more acute examples I've read about given that the OP's a "repeat customer".

What I don't quite understand is the assumption by most of the posters in this thread that the practice is limited to Rolex and / or Bucherer... 😕
Do we really think it's going to be a different story with a Patek SS Nautilus from any number of Patek ADs...?

I'm also curious about those referring to consumer protection laws; I think I managed to read all the posts but I'm still not certain in which Country the Bucherer branch (or franchise...?) is located. Finally you would have to track backwards to determine who actually condoned the policy - the local branch, Bucherer's head office, Rolex... .

In the Op's case, we are talking about a store manager / deputy, which certainly makes the whole story even worse. I'm aware that in some countries / stores, sellers get commission on their sales and so for other cases, it could have been down to a single greedy seller.

Most importantly, I sincerely hope that the OP manages to get his son something very special - all the best to you, sir! 👍
 
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We are in 2019, how is everything resolved now days? With a good social media post!

Go on their facebook page and leave a review of what happened. But, do not stop there! Go to the same on Google, Yelp and pretty much anywhere you find you can post a review.

Then, contact Rolex directly and also let them know or better yet, leave the same review but on the official Rolex FB or Instagram.

I bet either Rolex or that same store will get back to you really quick! And if they don't, then move on to a different brand! Omega for example.
 
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Publicize it via media? You'd get laughed out as #firstworldproblems.

You would be surprised about how many people still read papers, Companies don't like bad publicity, if you start telling the world what is happening then the retailer's standing is compromised. The more people that see what is going on the greater the chance that they will take their business elsewhere.

What is there to lose?
 
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If I was another AD, seeing all of this stuff being spread about publicly would make me not want to sell a watch to you. It’s really sad that people can’t get the watches they want, but these watches are trading for big premiums on the secondary market and the retailers know that very well. A few people on the internet talking about it doesn’t make a difference. There are tens of thousands of people looking for these watches. There are 282 Hulks offered on Chrono24 alone. The cheapest is around £6000 more than retail. The next person on the list, who is prepared to buy other things to make it closer to secondary market value, will.

The biggest Patek AD in the U.K. now require you to buy two non sports models in order for you to be allowed to go on the waiting list for a Nautilus. I personally only wish to own one Patek, so I know that I likely won’t ever be able to get one at retail and I can’t pay the £60k+ they’re trading for, so I just won’t own one.

If and when the market changes, AD’s will have a hard time and will have to revert back to giving excellent service, but at the minute they have a few very very hot models and they can kind of do what ever they want. With some references they are doubling your money as soon as you walk out of the door. Even if you don’t ever intend to sell, you still use this as a justification for purchasing.

To be clear, I don’t agree with this practice at all, but it’s hardly the biggest injustice in the world. These desirable sports models are basically free money at the moment. Why should the AD lose out on huge margin so someone else can make it?
 
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Why should the AD lose out on huge margin so someone else can make it?
Because they are already making a large amount of money by selling at RRP.
Bucherer are probably paying Rolex less than 50% of retail for their stock of unpopular models.
 
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But they’re worth a lot more? Why would any sensible business just give away thousands and thousands of pounds without trying to make up for lost profits?

We’re also not talking about unpopular models. I believe the margins on the good stuff, in steel, are around 20%.
 
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If I was another AD, seeing all of this stuff being spread about publicly would make me not want to sell a watch to you. It’s really sad that people can’t get the watches they want, but these watches are trading for big premiums on the secondary market and the retailers know that very well. A few people on the internet talking about it doesn’t make a difference. There are tens of thousands of people looking for these watches. There are 282 Hulks offered on Chrono24 alone. The cheapest is around £6000 more than retail. The next person on the list, who is prepared to buy other things to make it closer to secondary market value, will.

The biggest Patek AD in the U.K. now require you to buy two non sports models in order for you to be allowed to go on the waiting list for a Nautilus. I personally only wish to own one Patek, so I know that I likely won’t ever be able to get one at retail and I can’t pay the £60k+ they’re trading for, so I just won’t own one.

If and when the market changes, AD’s will have a hard time and will have to revert back to giving excellent service, but at the minute they have a few very very hot models and they can kind of do what ever they want. With some references they are doubling your money as soon as you walk out of the door. Even if you don’t ever intend to sell, you still use this as a justification for purchasing.

To be clear, I don’t agree with this practice at all, but it’s hardly the biggest injustice in the world. These desirable sports models are basically free money at the moment. Why should the AD lose out on huge margin so someone else can make it?
Either they are in the business of retail (selling at MSRP or less) or they should get in the business of flipping.
 
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But they’re worth a lot more? Why would any sensible business just give away thousands and thousands of pounds without trying to make up for lost profits?

We’re also not talking about unpopular models. I believe the margins on the good stuff, in steel, are around 20%.
Because, presumably Bucherer are a reputable dealer of several well known brands, and I would have thought that their reputation would be important to them. Blackmailing their customers is hardly going to add anything positive to that reputation is it?
 
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I guess we have different views on it. I see it as reasonable business and trying to get maximum value. Not blackmail. If it was your business, wouldn’t you want to get fair value for what you do?

Quite often these business are forced to buy countless watches they don’t want and can’t sell, in order to get allocation of the desirable stuff and maintain the relationship with the brand. Hence the grey market.

I don’t like it, but clearly the market values these watches higher than the MSRP.
 
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I guess we have different views on it. I see it as reasonable business and trying to get maximum value. Not blackmail. If it was your business, wouldn’t you want to get fair value for what you do?

Quite often these business are forced to buy countless watches they don’t want and can’t sell, in order to get allocation of the desirable stuff and maintain the relationship with the brand. Hence the grey market.

I don’t like it, but clearly the market values these watches higher than the MSRP.
If I was in the business of selling anything, be it Rolex watches or Porsche cars, I wouldn't want to be associated with the seedy world of flipping for a quick profit.
 
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If I was in the business of selling anything, be it Rolex watches or Porsche cars, I wouldn't want to be associated with the seedy world of flipping for a quick profit.

god forbid anyone for selling something for market value.

I suppose you would sell your house for the same price you paid for it to be fair to us looking to get on the ladder.
 
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god forbid anyone for selling something for market value.

I suppose you would sell your house for the same price you paid for it to be fair to us looking to get on the ladder.
Houses don't have an MSRP set by the brand, if Bucherer wants more profit than they should stop being a retailer.
 
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god forbid anyone for selling something for market value.

I suppose you would sell your house for the same price you paid for it to be fair to us looking to get on the ladder.
I wish I owned a house, I wish a lot of things at the moment and arguing with dickheads is stopping me doing the important things I should be doing.
 
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In the U.K. houses are priced by the brand or developer who builds them. After that, the market decides.

I suppose we better boycott all vintage watches that trade above original msrp too?

In all seriousness, in my opinion, the issue here isn’t the fact that these guys do this. It’s the way it was handled. To have it in front of you, and then have extra steps put in place at the last minute is wrong. It should have been made clear from the outset.