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PostPosted: Wed Oct 28, 2009 3:26 am 
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http://stores.shop.ebay.co.uk/goldsmith ... m14?_pgn=4

Anyone seen this? seems Goldsmiths which are a major UK ad are selling off some stock at 30% off RRP which seems blantantly in breach of Breitlings policy.

or am i seeing the wrongly?


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PostPosted: Wed Oct 28, 2009 1:31 pm 
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I don't know about that place but there is a very reputable and national AD here in Tampa that is going out of business that has a healthy stock of Breitlings from 20% off right now. Come December when they officially close doors, I've been told that it could go as high as 50%.


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PostPosted: Wed Oct 28, 2009 4:12 pm 
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4 or 5 years ago, my local Goldsmiths had an Avenger with a list of £1795 reduced to £1000 in the January sale. I make that 44% off :shock:

It was in the window 3 or 4 days before it sold!

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PostPosted: Thu Oct 29, 2009 12:55 am 
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yeah but this is online and with prices which the BSA website says dealers cant do so its a bit odd


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PostPosted: Thu Oct 29, 2009 1:03 am 
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With the current economic climate I think Breitling is turning a blind eye, so are many other manufacturers. Stock is pilling up and the after market is flooded.

I know I sold two watches and bought three this year for less than they are worth.

Just found out that Laco filed bankruptcy, so did another two, cant remember the names right now. Small and medium companies are being hit hard, and the big ones are feeling the sting.

If you take a look at last years Basel, a number of companies, offered significantly cheaper models of their best selling models. Panerai with their three day in house 1950s, JLC with the new XXL Reversos with minimum complications, etc

Up until two years ago you couldn't find an IWC BP for less than 11k, bow they are everywhere for 8. The PAM 233 is going for about the same also. The PAM 88 I just sold would have/will fetch at least 15% more if the economy is better.

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PostPosted: Thu Oct 29, 2009 5:25 am 
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I think Altair is right about turning a (semi) blind eye.

To be an AD you have to commit to buying a certain volume and of course they won't buy if they aren't selling. If Breitling are applying pressure on ADs who aren't meeing their buying quota then they likely have to accept that prices will have to be flexible.

On a related note, I spoke to an AD a couple of days ago who had a new gold Headwind. I enquired on the price and wasn't that impressed - I thought that he would want to shift what is clearly a fairly old model. He said that Breitling insist that he have at least one gold watch in stock so doesn't want to sell the Headwind because then he would have to buy another gold model at current costs.


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PostPosted: Thu Oct 29, 2009 8:59 am 
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i dont doubt your both right, but i do think that makes a mokery of the policy of not selling on line, i also think it would be more straightforward to actually give the ad's room to discount openly to returning customers then at least the people that should get a bargin would.


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PostPosted: Thu Oct 29, 2009 10:06 am 
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Altair wrote:
The PAM 233 is going for about the same also. The PAM 88 I just sold would have/will fetch at least 15% more if the economy is better.


I think you're wrong about the 'will fetch' part. Even when the economy recovers, prices for used pieces like this won't. There's simply no reason for them to appreciate, as there's no fundamental scarcity.


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PostPosted: Thu Oct 29, 2009 12:22 pm 
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Actually all PAMs are limited in one way or another, which is why they all sell at retail usually.

As you say the rarer the model the higher the mark up, but it is all about demand and usually the ADs are out of most models.

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PostPosted: Thu Oct 29, 2009 3:50 pm 
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Completely disagee they may well appreciate used cars here in the uk have the same age and mileage car was cheaper second hand in feb than now


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