'My' sales guy in 'my' AD will sell my a 116500 white for 3k in cash in addition to the purchase price
I'm not interested. He seems to be doing v well for a watch salesman
Shall I report him to his boss?
'My' sales guy in 'my' AD will sell my a 116500 white for 3k in cash in addition to the purchase price
I'm not interested. He seems to be doing v well for a watch salesman
Shall I report him to his boss?
Hardly surprising they’re are nigh on impossible to get your hands on with dealers behaving like this...
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Cheeky cheeky. Buy it then report.
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My local AD has a minimum spend history of 25k before they let head office decide if your worthy. 3k is a kick in the ba__s but better than 25k on watches you don't want.
All depends if you are then gonna flip it.
Outlaying 30 percent over list is one you are going to want to move on.
Does the £3K include the card?.....or does he want another few £K for that
Does he want you to hand over the cash at point of purchase?
Shop CCTV would catch him, assuming he’s acting without managers concent.
How come his boss doesn't know already? Surely the boss of the AD knows where all the Daytonas go?
I haven't discussed the logistics of handing over the cash but assume it'll be off site, out of sight of CCTV etc. Not sure if before or after purchase
Im no lawyer but this sounds like bribery. So there's no way I'd pay for access to a daytona
Im sorely tempted to pay for the watch over the phone and tell him I'll collect it and pay the cash on collection. But then just collect and tell him to FO
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I haven't discussed the logistics of handing over the cash but assume it'll be off site, out of sight of CCTV etc. Not sure if before or after purchase
Im no lawyer but this sounds like bribery. So there's no way I'd pay for access to a daytona
Im sorely tempted to pay for the watch over the phone and tell him I'll collect it and pay the cash on collection. But then just collect and tell him to FO
I would NEVER EVER buy a new Rolex. The whole Rolex limited supply and demand together with being made to feel privileged because the AD is shafting you, just doesn't do for me. This posting is a prime example.
If you would pay that for a second hand Daytona do it, you will have a bargain and the sales assistant will have earned a good bonus. It isn't stealing, no one is suffering here.
Rubbish. It appears to be quite illegal though not stealing.
I decided a long time ago Rolex isn't for me.
I am not a fan of their design, I cannot be bothered with all this BS about being able to buy one, get on a list etc.
I will happily limit myself to what I like at a not so extremely overpriced level.
It's my dream to one day be considered wealthy and virtuous enough to give a shop my money for something.
Just the other day I was in Aldi's perusing the European version of a mars bar (Titan), I thought, bugger it, I'm going to buy a multipack. I put in my trolley, hoping beyond measure that today would be the day I could buy some dodgy chocolate. Nope, the cashier gave me a scolding right there and then, in front of the entire shop! She told me that to even be in with a chance of owning a packet of Titan's I needed to spend at least a score on some dodgy Kit Kats.
Well let me tell you I turned beet red, apologised profusely and left the shop in shame. Awful experience.
Everyone can make their own decision on it.
Some would and some wouldn't.
It wouldn't affect my decision to deal with another member on here though.
Best to save the sermons for a Sunday .
Veblen goods innit, they do things to weak minded people.
Wouldn't the transaction be a normal sale through the till at RRP and a discrete brown envelope stuffed full of readies passed across at the same time, no questions asked guv'. Regardless of what the guy is up to it is still the cheapest white Daytona outside of RRP anywhere. Don't let pride or the moral high ground let you miss out on a superb deal.
Manage the deal and get that watch.
I would say name and shame the dealership......but then there might be a few TZer's waiting outside first thing tomorrow morning ready to pounce!
Is this a chain of ADs or an independent? And is it in the UK?
Never heard of this before on a watch (I have on a certain car brand with a few hard to get models) but it doesn’t surprise me one bit.
No idea how much your average sales assistant is on at an AD, but three grand in cash is probably a months take home pay or thereabouts?
To be honest I would do it
I thought the spivs, estate agents and second hand car dealers and Rolex thing was just a myth but it’s obviously true.
I still don’t understand the attraction of a Daytona either? The old ones are lovely, the new ones look like they popped out of a christamas cracker.
I would do it.
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It doesn't have to be humble sales assistants; the rot goes a lot higher.
I’d do it if you really want the watch.
It is bonkers when you look at it the other way around - you get a watch you can still make a profit on and if you get caught you still have the watch legally- if (when) he gets caught he loses his job so it is very much in your favour even if you would feel like you need a shower when you get home.
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How can people even consider it. Buying a watch is meant to be fun.
I don't know what Rolex are doing but I think people are getting p**sed off now.
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It’s illegal, end of - as far as I am concerned.
https://www.legislation.gov.uk/ukpga...ibery-offences
...and tax won’t be paid on it, either. This is why the rest of us have to pay such a high rate of tax on everything! I am disappointed that so many members feel this is ethically or legally acceptable. Makes no difference to me commercially what this chap does, but personally I find it unacceptable and I would celebrate obtaining the evidence in order to create the greatest s***-storm imaginable. Perhaps the dirt might even bring about a rethink of the whole, silly situation.
Haywood
For the fundraiser, a picture of a Rolex Daytona! It will be in a nice envelope with a sticker on the back. The sticker will be removed before despatch and sent to the lucky purchaser in 12 months time. (This to discourage fast flipping for profit) One time only price of £3,000. Picture will be posted by RMSD once evidence of fundraiser payment is provided by the successful purchaser.
Last edited by KavKav; 29th March 2018 at 06:34.
Having just completed my online corporate e-learning module on bribery on Tuesday I am now somewhat of an armchair expert (disclaimer; I have never worked for the Post Office).
Its illegal, genuinely proper illegal, not “in my w*nky opiniated opinion it’s illegal” but actually against the law. The law of England. Both the offering of a bribe and the receiving and to be frank the salesman clearly doesn’t have the IQ points he was born with to be so brazen and half-witted about this. It won’t just get him fired it’ll get him a custodial sentence.
It may be illegal, unethical and morally unacceptable but please try to realise that in the commercial sector of most business this stuff goes on all the time. One of my best friends is a building contractor who specialises in 5* hotels in central London. You want to hear the stories about the tenders he puts in. “Put an extra £20k on your tender and il give you the job but il need the £20k in cash on the start date of the works”. Happens every day in London. Unfortunately you either play the game or you sit atop the moral high ground hoping to get work the right way/ get a new Daytona at list...
Which is the bit that’s illegal (as opposed to unethical)?
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Thanks- I didn’t agree with the practice in any way, but I did assume it was legal for the giver of the money whilst clearly not for the receiver for both the Business and tax reasons.
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Agreeing with the agreeing.
Also, picture it: you get the wodge of fifties ready, and you sweat as you feel them sat in your pocket, wondering exactly how this'll work....
.....later, every time you look down at your watch, the crappy memories will shine back up at you. What an incredibly expensive way of getting a dismal grubby feeling.
Or you sell it and make your slice of untaxed profit and then you know: I've become one of them
^Dismal and grubby pretty much sums it up for me
Totally agree with that. People in this forum often criticise others for doing "naughty things" such as flipping for profit etc and then are quite happy to take part in a tax avoiding bung. Hypocrisy reigns supreme and this thread is the proof. If these people are prepared to indulge in these little fiddles, just ask yourself one question, would you take a chance on dealing with them - they may fiddle you.