The Panerai Source Forums

Hello
I am curious how non AD get their supply? They all usually list at a discount off suggested retail. Any insights here are greatly appreciated

Usually from AD's 'via the back door' to shift stock, or from AD's clients offered them cheap too move out the same stock. They are then sold back into general dealer/re-sellers hands who advertise them as previously owned but unworn 'new'.

not always the case....i bought mine from a non-ad, new with full warranty. no issues at all

_________________

dp
just living the dream
chicago, usa

I don't think i stated or even implied there was anything wrong with the process. I simply offered an answer to the OP's question as to how it happens

FWIW, technically, if a makers warranty is completed by anyone other than an AD, it is invalid and the warranty does not have to be honoured by the makers, at least here in the UK and very particularly by Panerai/Richemont Group. Buying new outside of the AD or boutique network can have it's disadvantages

not the case from what i've heard and experienced. the warranty goes with the watch and if you can show that you are the original owner there's not an issue, at least here in the us

_________________

dp
just living the dream
chicago, usa

As mentioned yours came via the back door. .....The person you bought it from probably bought it from an AD along with many other watches in order to obtain a hefty discount.

you have no idea what you're talking about....i'll leave it at that

_________________

dp
just living the dream
chicago, usa

Throw a stick and the dog will run to it.......Predictable....

I think what he's getting at is that resellers that are not authorized are by definition consumers. Therefore, grey market dealers are the first owners of the item. That does not mean that the manufacturer will not honor the warranty, but it does mean that the process of purchasing grey market puts the second owner at some potential risk.

_________________
PAM 210

_________________

dp
just living the dream
chicago, usa

_________________

dp
just living the dream
chicago, usa

OK fun over, run along Im bored.

kids are easily bored

have a great day....i thought we could pad our post count for a few more days....

_________________

dp
just living the dream
chicago, usa

Well its so quiet around these parts...we could get this up to 3 pages at least....

_________________

dp
just living the dream
chicago, usa

I have been purchasing my new watches from a non AD for 22 years, the watches are ordered and papers stamped By the AD then shipped directly to my dealer which dates the papers when I pickup the watch, my non AD has connections for all the high end brands. I have a 312 & 321 coming in this week at a discount of 19% and I have purchased an AP royal oak 15300 at 33% off.

Those are pretty good discounts, seems better than buying from AD's over here at least!

me too....my local ad is horrible, and i wouldn't even walk into their store any more. if you can get what you need with the proper documentation/warranty, why would you pay more?

_________________

dp
just living the dream
chicago, usa

Then your dealer is successfully circumventing his dealer agreement.

_________________
PAM 210

I think AD's are overated..it depends, sometimes if your dealing with a reputable guy in the grey market.. they buy a lot of watches from an AD.. much more than you will.. and they have some clout with the original AD.. much more than you will..so if there is a problem they are more likely to get some action from the AD ..much more than you will.

the agreement to sell as many of these fine timepieces as possible?

_________________

dp
just living the dream
chicago, usa

When Panerai gets it worldwide network of boutiques fully established, AD's will not exist nor will discounts. Which is exactly what Richemont group seek to acheive, total control of the distribution of their product/s.

Lest hope so, would be interesting to know if they would give any discount when someone strolls into a boutique wafting £200k in there face.

i doubt that will happen....there will always be ways to get discounts on these watches. if not the brand will suffer and richemont will have to discount prices to move product. plus it's going to take a while before the world wide network will be up and running. plenty of time to buy, buy, buy

i've also heard that many have been able to get discounts at the boutiques. i have zero direct hand knowledge of this.

_________________

dp
just living the dream
chicago, usa

I think it boils down to what model you are trying to get a discount on.

every model will have some form of discount, just depends on where you buy it.

plus this is going to take quite a long time to acheive, if ever

_________________

dp
just living the dream
chicago, usa

Even the SE models, never had a discount on a SE I'm just happy to get one now and then.

i've never had an se, but i do know they're harder to come by, but can be bought at a discount. from what i've been told by the dealers i know. ymmv

_________________

dp
just living the dream
chicago, usa

I'm sure part of that overly simplistic agreement is to not feed the grey market. Maybe Panerai doesn't care, but I doubt it. If they didn't, they'd sell to anyone and not bother with boutiques.

_________________
PAM 210