I am very confused.
The retail price is $8500.
The online retailers everyone says has the best price like David SW are around $9800.
Why this markup over retail?
Where can I get retail?
Sorry about the sticker shock. We’re all as baffled as you.
Places like DavidSW.com and ChitownWatch.com are re-sellers who get stock from authorized dealers with whom they do a lot of business, so due to buying in large volumes they get 1st choice on watches and then mark them up 10-100% and re-sell with warranty and box, often still with the plastic stickers and unworn.
In 2015 I bought a Rolex GMT II BLNR from David SW, unworn with a freshly filled out warranty card from an AD in Singapore, for MSRP but without the $800 in taxes I would have paid locally. I spent 12 weeks on the local AD waiting list before I bought from DavidSW and had it the next day. I did very well on that deal.
In that same year I bought and Omega Grey Side of the Moon all ceramic watch from Chitownwatch.com for $4500 below retail, which is ridiculous.
This summer I traded my 2014 Rolex Explorer II, that I bought locally at MSRP plus tax, for a 1 week old unworn Rolex Submariner Hulk (green). But I had to throw in a 2014 Omega Seamaster Diver 300M and some cash to complete the deal. I’d have saved about $1000 in the deal if I’d sold the Explorer II myself vs trading it, but got a fair value on my SMPc trade vs what I paid, and I see these Hulk selling for $10,500 all day long!
Last month I traded a 9 year old Planet Ocean, plus my 3 year old Tudor Black Bay Red, and 20 year old Speedmaster date plus some cash for a Rolex SubC no date. This time I took another $1000 loss vs selling at market price and waiting for a new Sub at retail plus tax, but I have it now and I didn’t have to deal with scammer trying to steal my money by selling the trades to the general public. Plus I had not worn any of the watches I traded for the two Subs in the past year, and they were redundant pieces in my collection.
You just have to decide how much of a soaking you are willing to take in order to get one.
In my case I was willing to take some losses on these pieces because the new Rolexes that I’ve acquired are collectible and I can expect to get all of my money back if I’m willing to wait to sell them to the right seller.