PandaSPUR
·Correct. I think PandaSPUR was using retail price of what the warranty would cost a customer if not in warranty as an example to illustrate. Additionally, there probably is some real cost incurred by Omega, maybe 50%, for warranty services that “costs” the company. Since work is being done, parts are being used, while revenue is not coming in for the task.
For the owner, however, given that there is no OB in his area, he still has to pay the cost of shipping plus insurance, which probably tally up to about $60 if USPS Registered Mail (which offers insurance and is indented for high value shipments), and maybe $100 if FedEx with ParcelPro (or JM or comparable) insurance. Not to mention loss of use of the watch.
sure, stuff happens and that’s what warranty is for. The issue here is when you start to get comeback after comeback, the tens of dollars turn into hundreds for postage (or hours of making repeat trips to the OB), and weeks without watch become months.
So I would think that 8 months or a year of an ongoing issue would actually be the right range for a new watch: the owner has given Omega ample time and multiple tries to repair the watch, and I think that a new watch (or even offering a refund if desired, customer’s choice) would be a great way for Omega to stand behind their products, nice customer service gesture, and an amicable outcome for both sides.
Yep exactly this. I'm comparing retail cost of Omega's service for a chronograph vs retail cost of the new watch. For Omega the actual costs will be different and unknown to us of course, but the cost of the service work will eventually surpass the cost of a new watch.
Aside from the actual monetary costs related to servicing vs watch, I would hope Omega values its reputation enough to just replace a watch after X failed services.
