: I am looking to buy a new speedmaster day date model 3220.50.00
: very soon. Retail price is 3,500. I was wondering what I should
: expect to negotiate off retail price at a authorized retailer? I
: went to Jared jewelers and they had a speedmaster day model
: 3210.50.00 that retails for 2,980 and they said the watch would
: be discounted to 2,500 without me even asking or negotiating.
: Does anyone know the range of discount usually used or what
: retailers pay for the watch.
I have a 3220.50.00 myself and bought it at Jareds. Retail was the same and they took 600 off of that price without me even asking. It seems to me that they will discount about 17 percent off of the retail. So, they must be making a ton from the sales. If I remember correctly from lectures or a class back in the early 80s, retailers basically just double the cost they pay for an item when they sell it to you. I may be wrong on that, but it is what I remember. So, using that info tells me that the watch must cost 1750 to create. That's a complete guess. Even if they were to discount 20 percent they would still make a killing! Enjoy the watch---I certainly enjoy mine---well worth the cost--
Chris
