Reply With QuoteHate to say it, but try and buy one elsewhere for £12.1k - I would bite his hand off. WF pay £13k+Originally Posted by Snowdon
Haggle, offer him £2.5k.
'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?
Hate to say it, but try and buy one elsewhere for £12.1k - I would bite his hand off. WF pay £13k+
Haggle, offer him £2.5k.
Buy it from him. Then report him.
Hardly surprising they’re are nigh on impossible to get your hands on with dealers behaving like this...
Sent from my iPhone using TZ-UK mobile app
Cheeky cheeky. Buy it then report.
Sent from my iPhone using TZ-UK mobile app
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.
Ask him for a receipt.
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
- - - Updated - - -
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’d advise against handing over the cash prior to purchase ...
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!
Or just wait your turn like the rest of us and maybe get one in oh I don’t know, 10 years? As others have said, watchfinder would pay you over £500 profit if you wanted to sell it so you aren’t losing, your only in a win win position. If your not prepared to pay the backhander to get up the list, just move on. I’d be happy to pay the “drink” as I’d love a white dial and no doubt the time I get one from an AD it would probably be £3k dearer anyhow. Let’s also be clear, in the current climate if he sold you the watch at list you’ve probably earnt £4K if you so wish to sell on. Do you have much spending history with said dealer? If not, why would you expect to get it at list?
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?
I agree...the world runs on backhanders
Id estimate 3k is more than a month's take home. He told me the commission is only 0.5% so selling a daytona gets him £46 before tax.
I might give up info on him to interested parties. Closed bid auction. Joke!
To be honest I would do it
Yes you’re probably right.
I have both ceramics so I won’t be bidding ;)
Up to you what you do, but if you feel it that unjust don’t report to his manager, tell Rolex UK. Now that’d put the cat amongst the pidgeons.
I would do it.
Sent from my SM-N950F using Tapatalk
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.
Sent from my iPhone using TZ-UK mobile app
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.
Sent from my iPhone using Tapatalk
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.
Bet his boss is in it also anyway.....
Sent from my iPhone using Tapatalk
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...
It happens all the time, I agree
My friend paid an estate agent a large amount in cash in order for the agent to ignore all other offers on a repossession. He was v smug. I told him this was illegal and he just shrugged his shoulders and said if he didn't do it, someone else would have
It's not something I'd engage in on a house or a watch or anything else
My dilemma is whether to report the sales guy. I've bought watches from him before but not for a while. When I saw him last week he made this proposition
He's got kids and lives in social housing...I don't think he can afford to lose his job.
Haywood has nailed it.
Some true colours being shown here. Unfortunately.
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
Do you know this? Or is it just a sob story to discourage you from dobbing him in? Sounds like he wouldn’t be above that.
Go into the AD and discuss this deal again but this time have your phone recording the conversation. Upload it to youtube and send it to Rolex and the Director of the AD. Sit back and watch the shit storm.
I would have said that's even more reason not to do it then.
Does seem a little odd that he has the authority to decide who gets one unless, as someone else has said, his boss is also involved
which case maybe he has no choice if he wants to keep his job.
But not sure I could let this go without doing something.
I know you Dont want to give any names but are we talking single shop AD or larger group.
Isn't it also illegal to pay a bribe? What if you're the one being trapped?
Where would the watch come from? It surely isn't sitting in an AD?
???? It's not a USA green card or a government contract !!
As this is a public forum I'm sure it's safe to assume a few things here......
1. It's a matter of time until someone at Rolex St. James is aware of this and acts decisively.
2. Another AD - of which there are members here in that group - do likewise.
3. Posts like this (and, if correctly reported here, the instigator and/or participant/s) their actions will herald swift changes in the distribution and retailing terms for the brand in question.
In the world of Porsche cars in the UK there have been the odd cases similar to the one here but the net has closed on that but not completely....yet...
Go and buy it, pay retail in the shop, get the receipt, call the police from the AD if they then ask for cash on top
Sent from my iPhone using Tapatalk
With the information in this thread, I'm not sure no. 1 is possible - unless the OP posts up a bit more info! With regards to no. 3, they must know it goes on - perhaps it's a case of knowing it goes on, but being unable to prove it. They can't really change distribution and retailing terms for the whole brand based on one thread, without sufficient evidence.
Anyway, popcorn at the ready!
With no (substantiated) information it’s not safe to assume anything
When you look long into an abyss, the abyss looks long into you.........
Buy the watch, give him an envelope stuffed with news paper, no laws have been broken then.
£25k, I’ve spent £62k in one AD in the last 8 months (not all for me by the way, 2 for me and the others for work colleagues) and I’ve still not got a Daytona, I’m told I am next on the list ?
It's all very well for Haywood to take the morale high ground and advocate what's right, but given a choice of buying second hand with smile and handshake for £14.5k and dealing with this sleezebag for £12.1k I think I am prepared to let my moral code slip on this occasion.
Posting Permissions
