Discounts from Ads Can you get them?

After a boozy birthday lunch yesterday we took a stroll trough the local Jewelery quarter and I was lusting through the window at GS.

One of the sales guys came out and invited us in for prosecco & try on some pieces if we liked, no pressure.

He got out the Shunbun, snowflake & whitebirch & I confirmed what I already suspected that the Shunbun is my grail.

We sat & chatted for a while about watches & wonders new releases etc. While the store manager tried to get me to buy the Shunbun.

I was offered 0% finance for 4 years, or a 10% discount on the spot, or he could call the area manager and get me some more discount if I would commit to buy.

I came away as I don't like the hard sell. But it got my cogs ticking.

THE QUESTION

What's the best discount anyone has got on a new GS from an AD?

This piece was £6200 rrp

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I would've hated that store experience too, but damn that cherry blossom does look incredible!!

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jp_guitar

I would've hated that store experience too, but damn that cherry blossom does look incredible!!

They wouldn't let me take pictures wearing it either, as they said they had previous backlash from the people who actually bought the watch.

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Galactica

They wouldn't let me take pictures wearing it either, as they said they had previous backlash from the people who actually bought the watch.

Is it just me or does that make no sense?!

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Galactica

They wouldn't let me take pictures wearing it either, as they said they had previous backlash from the people who actually bought the watch.

That’s weird. Every AD has always let me take pics. And I agree the hard sell is off-putting but at least you know when you are ready to buy, there’s margin there.

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jp_guitar

Is it just me or does that make no sense?!

Yeah crazy, they said someone had complained they saw someone on Instagram wearing their watch

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WatchN

That’s weird. Every AD has always let me take pics. And I agree the hard sell is off-putting but at least you know when you are ready to buy, there’s margin there.

Will push for 20%+

But I will shop around & do some price matching. They were trying to tell me is was hard to get hold of, until I pointed out it was in stock everywhere & all at the same rrp

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jp_guitar

Is it just me or does that make no sense?!

Maybe there are people who care? I would’ve thought most GS owners love seeing their watches plastered all over the internet just to prove that the GS isn’t a niche brand.

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Galactica

Yeah crazy, they said someone had complained they saw someone on Instagram wearing their watch

That’s a BS reason if I ever heard one. How would I tell the difference between “my” watch from another of the same model? Glad you walked away.

There is always a used market, too, although you don’t get the 4 year 0% financing. Not that you should borrow money to buy a watch, but with this inflation, the 0% financing is like making money every year.

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jcRUwithMe

That’s a BS reason if I ever heard one. How would I tell the difference between “my” watch from another of the same model? Glad you walked away.

There is always a used market, too, although you don’t get the 4 year 0% financing. Not that you should borrow money to buy a watch, but with this inflation, the 0% financing is like making money every year.

Very true, I wouldn't buy it unless I had the cash, but as you say, I may as well earn the interest off it myself.

And your right it was just BS.

The guy who invited us in was great, not pushy. But the store manager got my back up.

Wouldn't call his area manager for a 2nd discount unless i committed to buy it at the discount, so told him not to bother himself and left.

Not sure he liked it that I knew more about the watch than he did. 🤣

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End of month push to increase sales.

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EdWhite1964

End of month push to increase sales.

Good point, go at month end 👌

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Call Monica Barrett at Righttime 303-862-3900. She will ship anywhere. 10% wouldn't inspire me & I gave up drinking decades ago. She ships anywhere in the world. For US folks outside of Colorado she discounts the watch and no tax! Righttime has been a GS AD since the humble beginnings of GS in the US. No financing but when you are ready to buy great pricing.

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I was offered 0% finance for 4 years

That is a pretty great deal. In the U.S., the Consumer Price Index (CPI) has gone from ~253 to ~301 over the past 4 years. That means that inflation (as measured by CPI) would have reduced the "real" buying power of a dollar by ~19% over those 4 years.

For the sake of argument, let's say that CPI continues to grow at that rate over the next 4 years. So, you're getting a ~19% discount, plus financing enables you to smooth out the cash outflows. That's a pretty great deal.

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Oops! I'm an idiot. I just took 2 minutes to think about it, and my math is wrong.

At the end of 4 years, you'd get to a run-rate discount of ~19%. But, you're making payments throughout the 4 years. So, you're going from 0% - 19% over 48 months. Thus the effective discount over those 4 years is 19% / 2 = 9.5%

Nonetheless, the fact that the financing offers you the ability to smooth out the cash outflows is a great deal.

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Mr.Dee.Bater

Oops! I'm an idiot. I just took 2 minutes to think about it, and my math is wrong.

At the end of 4 years, you'd get to a run-rate discount of ~19%. But, you're making payments throughout the 4 years. So, you're going from 0% - 19% over 48 months. Thus the effective discount over those 4 years is 19% / 2 = 9.5%

Nonetheless, the fact that the financing offers you the ability to smooth out the cash outflows is a great deal.

I agree I will always take 0% if its there, it's costs nothing & is risk free. And I'm no sure why is was 0% or a discount as they are not linked and the loan would be from a 3rd party.

Again I think it was just sales pressure and if I had pushed they would have... "given" both.

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Galactica

Happy ending 😎 the Mrs would seem to have already got me one for my 50th in a couple of months.

she was so nervous i was gonna buy one, she gave it me today

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Wow. Congratulations!

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Galactica

Happy ending 😎 the Mrs would seem to have already got me one for my 50th in a couple of months.

she was so nervous i was gonna buy one, she gave it me today

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Ah first world problems.

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You should be able to get up to about 10% in the United Kingdom on most watches, except the limited ones. I would imagine between 5500 and 5700 for the above watch.

They should also let you take pictures, WTF...

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Congratulations! Looks like your Mrs loves you💪

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I was interested in a GS, was in the Knightsbridge London Boutique trying it on. Very friendly staff, left the shop to think it over. Later found watch online at an AD, can just 10% off with a new customer discount code which worked. Asked the Boutique if they would price match, and they said; "I would like to inform you that we do not do discounts in our watches, neither should our retailers. Many thanks for making us aware of this, so we will forward this information onto the Wholesales team." They did offer to throw in a couple of straps however as gifts.

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MasterZen

I was interested in a GS, was in the Knightsbridge London Boutique trying it on. Very friendly staff, left the shop to think it over. Later found watch online at an AD, can just 10% off with a new customer discount code which worked. Asked the Boutique if they would price match, and they said; "I would like to inform you that we do not do discounts in our watches, neither should our retailers. Many thanks for making us aware of this, so we will forward this information onto the Wholesales team." They did offer to throw in a couple of straps however as gifts.

That was also the impression I had, that the 3rd party AD's weren't really meant to discount with certain brands, but it's the only way they can separate themselves from the pack.

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I’ve received 1k off a new GS SLGH005 White Birch & SBGE285 Mist Flake at my AD. I forgot how much I received off my SBGA413 🌸 Shunbun but it was around 10% I believe. I will be using @K.evin method when acquiring the US SBGA415 or SBGA445 from JP.

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TheHoroSexual

I’ve received 1k off a new GS SLGH005 White Birch & SBGE285 Mist Flake at my AD. I forgot how much I received off my SBGA413 🌸 Shunbun but it was around 10% I believe. I will be using @K.evin method when acquiring the US SBGA415 or SBGA445 from JP.

Do it!

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Galactica

They wouldn't let me take pictures wearing it either, as they said they had previous backlash from the people who actually bought the watch.

If someone had a problem with me taking a picture I would tell them to F off and buy the watch from jomashop on spot on my phone while they watched me do it

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Answer to your question: I got nearly 20 percent off my SBGA2373 when I bought it around a year ago. In Malaysia. So I paid just over half the current RRP in the UK. Lucky me!

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SBKualaLumpur

Answer to your question: I got nearly 20 percent off my SBGA2373 when I bought it around a year ago. In Malaysia. So I paid just over half the current RRP in the UK. Lucky me!

which AD was it in which mall, im gonna be in KL tomorrow 😀

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Like MasterZen above I'm a buyer in London and got the impression that discounts were not on the cards last time I was in. I plan on returning in future and hoping that as an existing full retail customer I can parlay that into a saving on a future more expensive model. I'm playing the long game... 😉

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Galactica

which AD was it in which mall, im gonna be in KL tomorrow 😀

It was in Mid Valley, the Seiko store has a special part at the back just for GS. I believe they are now being directly managed by GS and so there's less room for discounts now - but may still be on older stock. Good luck

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6200 sound expensive... I think you can it cheaper in Japan, or even in Singapore maybe 5200

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Was £5500 after discount from an AD

In KL at the moment and was offered duty free +10% off which would be around £4800 🤔