3 Secrets To Getting A Great Deal On Your Next Watch Purchase! How To Get It Cheaper!

[@ctboy4467]

Straightforward recommendations👍🏽 I admit it took me a while to realize and apply your advice. Now, based on past experience with certain dealers, they automatically know I’m serious and are willing to negotiate further.

[@tangopete]

Great advice as always. Love your honesty and transparency. I really don’t know who can be offended by the truth. Especially when as a dealer you’re constantly helping us (consumers / watch enthusiasts) out.

[@dannysimenauer5745]

Fed makes very valid points. Especially if you are purchasing a watch that is in high demand. I would add that the watch market has many dealers and not all dealers sell at the same price. There is the asking price and what you can negotiate! It pays to shop and KNOW what is a fair price.

[@charleslee3081]

That is why I always listen to your channel Fred. Straight talks and no BS.

[@bowtie87ss]

Your content is phenomenal. I am also in the business. The key questions is “are you shopping or are you buying?” Some people think they can walk in and bully us into giving an accommodation. That does not work. Being nice works.

[@AC4N4DI4NEH]

if me (a customer) makes your life as easy as possible, youll probably help me out a bit.

[@VoodooMike]

"I'll be ready to buy next week". "Great! Call me next week then". Spot on. Do your research this week, then call the seller with a fixed offer when you're ready. "I'll buy it now, for X. If you're happy with that I'll transfer the money in the next half an hour. " Deal done.

[@eyeheartsushi2212]

Yup.

[@ryanelectra225]

I do my research before I go into the watch AD. I know the price neighborhood I want to be in, and don’t have problems getting there. The two ADs I use for different brands know me and know I’m not a tire kicker. And you are right-I don’t negotiate unless I’m ready to buy if the price is fair. Also understand that some brands or models don’t offer discounts.

[@davidbellamy1403]

Sounds like great advice, Fed, s usual. Love your videos. It’s hard to believe that some people don’t like hearing the truth. Maybe it would help if you mention the fact that 90% of the time people that negotiate but don’t buy, never come back.

[@TheCharlesAtoz]

I am sure this advice could be used all across the board. Thank you Fed.

[@derrekb4501]

Large amount of cash is a pain but you absolutely take cash.

[@tablameister]

Thanks for your honesty and telling it like it is. Great advice!

[@jadedarby7290]

Hey Federico, also in retail appreciate the 3. Wish more people took heed of this.....

[@pavelinmiami]

This is why I click like before watch your videos, great Video!

[@w.hummel]

Great content as always, Fred. Really like your openness and honesty. Have a great weekend, best regards from Germany 🇩🇪

[@carlosoruna7174]

Walk in wear something special. One of my favorites is a early 50s thin omega manual wind. And a tshirt. Look around and listen to the salesperson. Let them offer.end of month is an old tactic. But shop mid month. You got the info on inventories and availability. Once the deal is done agree on the payment. Wire transfer.

[@MG-hu9pe]

I have found that these recommendations are true to Delray, at least when dealing directly with you. Thanks Fed.

[@edwardbudriss4475]

2 follow up questions: How about the end of the quarter, any additional incentive here? And what is a your/AD slow season? Assume better time to buy??

[@eyeheartsushi2212]

Slow season is right now until close to Father’s Day. Then August until around October.

[@edwardbudriss4475]

@@eyeheartsushi2212 Thank you!

[@Gumby56]

Great advice, thank you!

[@halkennedy6353]

100.00000% Correct. "I'm ready to buy, I will wire you the money NOW" is always good for a few percent - or more. You have to know what price you will take however, before you make the call.

[@raymondcragg7282]

I was looking for a Nomos which I like. I went to the AD who sells them here in Thailand and told the sales person up front I wasn't in the market at that time to buy but wanted to see what the watches looked like in real life. The assistant was very helpful and they will get the sale when I am ready to buy. It is wrong to lead someone on with the believe you are buying when you are not going to at least not at that time.

[@alwayspooh1588]

Great advice, thanks Feds.

[@logansaether1973]

Thanks for keeping it real! My favorite watch channel.

[@88FCRX7]

As for paying with cash I prefer to use cash if whatever watch I'm buying is under 2k I mostly buy from a few mom and pop dealers and jewelers and i do the most American thing possible and don't pay tax when I do a cash purchase from them but as far as asking for a discount I always feel a bit scummy when I do especially if I'm a first time shopper at a dealer I'm just some schmuck off the street stopping in for the first time

[@jpatterson323]

Whats a reasonable discount to expect on a JLC. I've been thinking about a Reverso Tribute Duoface.

[@gerardanthony9834]

Can’t speak for an AD on new JLC but JLC direct / boutique will not discount. You may get a “gift with purchase” as I did, a nice $350 extra strap. Never hurts to use a Fed line; “Are there any price considerations if I purchase now?”

[@donaldspaulding6973]

I just asked for discount because I returning customer! Not a huge amount but it helped.

[@ronservice1708]

I Love that you tell it All good for you!!

[@rudyelizondo1935]

Good vid, what about financing and buy today? Thanks PS Im looking for a vintage Rolex OP date and just haven’t found the one I particularly want- gold face, gold body.

[@terminal-velocity111]

Brother, best piece of advice.

[@thewatchloungechris]

All great info for potential buyers Fed! Wires are def king in the business

[@hunterphan5506]

Wow, great advice Fed.

[@MischkaMunich]

Once again, Federico, you are so right! So dann right!!! So honest, so true!!!

[@rickyhawkins7407]

This info makes sense. Hopefully I will be in the market for a quality pre-owned timepiece very soon.

[@Jimfrenchde]

Federico, would you take traveler's checks?

[@benturner4352]

I appreciate the honesty! For sure. I would be happy to buy a watch from you. And I may just do that at some point when I decide to head into the upper echelons of watchdom.

[@sinatralala]

Thanks so much for your honesty. It's a breath of fresh air. Strange question. I look at eyeglass frames the way a lot of folks look at watches. I was curious what make and brand of frame you're wearing? They fit you perfectly and in my opinion are a really cool frame. Any extra info you have on them would be interesting to me. Be well,. And again, a fantastic video as always!

[@FedericoTalksWatches]

Moscot my friend.

[@omegafanboyian]

Thanks for your Honesty Federico , but please Don't apologise for it ! ! !

[@adrianfreeman2041]

Great Tips

[@raymondrichardson6061]

That Zenith is from heaven.

[@eyeheartsushi2212]

Agreed.

[@boeing700]

Excellent advice right from the horse’s mouth! Thanks Fed….

[@yourstrulyfocused]

Only time I could see how the cash thing may work is if you have some shady folks doing stuff under the table or “modifying the price” and YES well under 10k. Good gem on the wire part Fred

[@Carvewater]

I think a lot of people say cash when they actually mean wire. Almost like xerox when you mean photocopy. I doubt anyone would drive/fly to Delray to hand over a stack of c notes. Ha. But good advice to get our language correct to avoid confusion.

[@gregderuiter583]

I got a 22% discount on. Speedmaster Moonwatch at an AD in January.

[@leonk8113]

Tell us how you achieved that.

[@tapaschakraborty3691]

How one gets that kind of discount on the sppedie?please share the strategy.

[@WrongTimeWatch]

Wow

[@lonewolfemcquade8133]

I smell bullshit

[@gregderuiter583]

@@lonewolfemcquade8133 Retail £6800 purchased for £5033 - happy to email you receipt!

[@roytrevisan3491]

Great tips Fed, very fair very obvious.

[@Dongorgon777]

Appreciate you giving us the hard truth

[@michaellamberti9787]

Do boutique stores offer discounts?

[@kvom01]

I'll relate my experience. I visited a shop in a high end hotel in LV, just looking, and saw a watch that I really liked. But it had a strap and I wanted one with a bracelet. Store found one in NYC and had it shipped overnight. At that point I hadn't made any offers on price. In the interim I saw the same watch on Chrono24 from a dealer for much less (25K vs. 35K). In the end, the matched the price, let me pay with 2 different credit cards, and shipped it to my home city to avoid sales tax. Says something about the list price markup. Not sure if it was end of month or not.

[@eyeheartsushi2212]

Omega boutique offered 5% off my Seamaster Diver 300 one year ago. Not sure what they are doing these days.

[@jazzman5598]

Another superb vid Fed. People HATE the truth. Honorable folks LOVE the truth. Thanks! (& some folks don’t what they don’t know. ) Genuine enthusiasts have ALWAYS been helpful. Just don’t Big Boy the guys like Fed who know morons from those of us that really just enjoy the hobby.

[@raziel5280]

Jaja Fed’s like a mandalorian…. “This is the way”. Greetings from Mexico

[@TheRacerRich]

True story, lawyer calls client day before the closing on the sale of a 400k house (this is many years ago) to make sure everything is square. Client says something like "yep, I have my checkbook ready." Lawyer says...wait...what...no they won't take your personal check, you need certified funds. Client gets super offended. The next day he shows up, with 400k in cash, and says if they don't want my check how about this. Dude took it as personal offense that his name wasn't good enough to accept a personal check on the sale of a house.

[@johnturnerjr7221]

Didn't know about the end of the month, but I knew about all the other ones. I've got my eye on a manual wind Omega DeVille. I might have to step in a boutique and take a look at it in the metal at the end of the month.

[@Mu3ilu]

An extra hint, if the watch is no currently available, tell the dealer that you are ready to put a deposit now, he will immediately know that you are a serious customer and may give you good discount

[@chaddyapple1512]

Many dealers with brick and mortar locations still love cash

[@gerardanthony9834]

Fed gave a good tip some time ago; ask, “Are there any price considerations if I purchase today.” I was able to get a “first-time customer” discount of 10% with an out-of-state AD and was pleased. I don’t seek to negotiate with my local AD. I played the game of multiple purchases to eventually secure a nice brand but they’ve really done little for me given my purchases. Now I’ll go where the brand, price and purchase experience meets my expectations.

[@ColinRobinson92]

Sometimes though, the negotiating is one sided. I remember walking into an AD once and after browsing for a couple of minutes, the sales rep asked me "So what kind of watches do you go for?" And so I start talking about a beautiful gray dial Navitimer I saw recently and he said "Oh I know the one you mean, I'll be right back" He literally ran out of the store and down the street to a higher end place and came back with a Navitimer, but not the one I was talking about, and the next think I know, he's offering to knock about $600 off of it or something. Well, at this point I'm not negotiating, he is. So I beat a quick retreat and never returned. I don't feel like I breached any kind of etiquette there. He was trying to run a full court press while I was warming up in the batters box.

[@alwayspooh1588]

So, how much would the Rolex be for cash!!!!

[@ScrambleNorth]

Sub INSTANTLY gone 😂😂😂 some beautiful pieces on the site right now.

[@costapapas8515]

No discount on omega Ay? 😂😂

[@marcushd5776]

Change bank

[@Rhal63]

The truth hurts. Who carries large amounts of cash other than criminals. I love to look at watches, but never negotiate if I’m not serious about buying. Every salesman can see this and will spend more time earning your trust for the future . Well said Federico.

[@LawrenceMacMacster]

I'm often plainly asking "hi what's your best price on this listing?" I take the lowest of course... Am I a criminal for asking? 🤣

[@L_Capitan211]

Carrying cash somehow makes one a criminal? Right….

[@tockingwatches2377]

@@LawrenceMacMacster No, but it’s a super unattractive question to hear. It doesn’t encourage a relationship and I can guarantee you won’t be the first person a representative thinks of if you’re ever looking for something that’s limited or hard to get.

[@eyeheartsushi2212]

@@tockingwatches2377 Federico himself made a video saying the question all dealers hate the most is “what’s your best price?” The best price is the most they can get for the watch hahaha.

[@Richyv4USC]

Who carries large amounts of cash other then criminals .... a divorced guys with kids. Try explaining to a Family Court judge why there is 15k missing from your bank account.

[@dzenanbeslic8241]

Hey Federico, do you accept CASH😂😂😂

[@rey_s90]

Some of my best deals have been when I’ve said ‘let’s do a deal, I’ve got the money ready to wire, we’ll do the deal now’

[@DiGuliy]

I can not agree but also disagree about omega, and yes Rolex should improve the situation with ADs and production. Nobody wants the small size lady datejusts, not even ladies. GS produces watches for grandpas.

[@pepe8442]

Usually deals to be had on Tudor. Purchased a 1926 for the wife and didn't even need to ask!!

[@eyeheartsushi2212]

The 1926 is nice but it’s not a hot Tudor reference.

[@eyeheartsushi2212]

How about cash for that Zenith, Fed? 😂😂😂😂😂

[@Harpreet06]

Ahh damn, I was negotiating and said I'd collect and pay cash but I meant paying by bank transfer or PayPal and got no reply

[@eyeheartsushi2212]

Oops lol

[@Harpreet06]

@@eyeheartsushi2212 Yeah I meant it as in I'd collect the watch and pay you there without any fees. I'll try to message him again.

[@lonewolfemcquade8133]

Pre ceramic Rolex Submariners are the way to GO!. It's when they were still true sports watches. Keep telling like it is Fed. The one's who get upset probably do that bullshit 😅

[@govtfunded]

Today's price is not necessarily tomorrow's price, or even 4 hours from now's price.

[@glenking6418]

Just like the car business Don’t stroke me unless you’re going to stroke a check. I mean a wire!!

[@mattyyay]

I’ve never done any cash transactions either *wink wink*

[@jacobkohler]

Cash is no longer king

[@ezee-e]

little bit of thee old hardball today

[@trinity3422]

Another one I’ve actually seen is a guy from a reputable grey market dealer in the process of negotiations, throws out a price for a Rolex day date, the dealer accepts, they SHAKE On It, and then he says “let’s actually come back to that one and look at this other.” This guy is a professional grey market salesman from a powerhouse company in the grey market and he shakes on a watch then retracts the offer smh. Maybe it was all made up to feed the YT algorithm though lol. Never shake on a price you hackled and retract your offer.

[@zero_dbmv3322]

I won’t do business with someone not accepting cash if they have a brick and mortar storefront they should accept cash for in person transactions. Online business only of course it’s going to be credit card or wire, credit card preferred in that case for my own protection plus cash back points.

[@WrongTimeWatch]

So, I can get a big discount on that Submariner if I bring in a big wad of cash money? LOL.

[@brianthornton5345]

The only problem is that I am on the left coast the wire is cut off at like 2pm

[@davidemarsu7098]

Sad to see they're doing everything to discourage the use of cash.

[@davidobrien9362]

How dare some one negotiate a price deal then turn round and say ' I'll be back next month", get out of here FFS.

[@bm5192]

7k for an anordain 😂

[@FedericoTalksWatches]

3 year wait list :)

[@ctboy4467]

@@FedericoTalksWatches And I thought I overpaid for my Plum dial from the original owner 😅

[@bm5192]

@@FedericoTalksWatches yeah I just saw that and saw what they are going for on chrono. Supply and demand.

[@FedericoTalksWatches]

Yeah kinda nuts, though I am happy to say we are the cheapest in the US :)

[@bm5192]

@@FedericoTalksWatches that’s why I like you guys! Best deals around

[@bryanryan4504]

Would you take cash fed? Hahaha

[@xavier-Madeit]

Straight to the point! Great tips Federico🤝🏾 Kindly check your emails, I have something you'd like to see.

[@rickyhawkins7407]

Wow, first😊.

[@toddmurphy523]

I will buy your company for 20% over value for.....cash!!!! You:🤔

[@eyeheartsushi2212]

LOL

[@TamilSelvan12-12]

Nice video, but you have done this content in the past 👌

[@TheRacerRich]

Be prepared to actually buy it - nobody I know gets this when they are car shopping. I tell them I know so-and-so if you want that model I can get you a good deal. How much? Probably XYZ. Can you check? If I check and he says XYZ price will you buy it? Well....I mean I want to think about it. OK WELL THEN I'M NOT PUTTING MY NAME ON THE LINE FOR YOU.

[@LawrenceMacMacster]

I buy mostly vintage watches and I have to enquire about a lot of things before making a decision by pictures. Ok I can be anal as most collectors but if you want my money show me all the details, don't have me ask for closeups and hide shit up so it can be said later "you didn't ask".

[@swampThaang]

What about how you dress? Will showing up straight from the gym hurt you? Will having a Rolex on wrist show you’re serious?

[@googleuser7632]

You're becoming apart of the problem when talking about getting rid of cash!

[@meshumi1]

People aren’t buying a $10 Casio from these dealers. They are buying relatively expensive pieces of jewelry that often don’t fall into the “logical buy category”. Decision to buy a watch like this is driven by pure emotion for most people. So, is it wrong for people to chat up a dealer, discuss prices, consider prices and offers from competitors and maybe even step back and take some extra time to think about their purchase before they swipe their card? Absolutely not! It’s what everyone should be doing to avoid impulse purchasing. If a dealer isn’t willing to put up with that then screw them…there is always Jomashop.

[@mossa6072]

The point is to do all your browsing based on the regular prices and you will be gladly serviced. Do not talk about a deal until the decision has been made and it’s just a matter of final pricing.