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 Posted: Sat Feb 14th, 2009 11:22 pm
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Johnny P
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You Never Stop Paying for a Luxury Watch as Repair Costs Mount follow link:)


Source: http://www.bloomberg.com/apps/news?pid=20601093&sid=aY73d5h8j7XY&refer=home





 


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 Posted: Sun Feb 15th, 2009 08:14 am
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Tony Duronio
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Nice read Johnny thankyou.gif

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 Posted: Sun Feb 15th, 2009 09:53 am
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Paxman
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Interesting info Johnny. Never realized service could end up to be a loss for the provider.:shock: I've got a number of watches that should hit the service cycle right about the same time...mistake.gif

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 Posted: Sun Feb 15th, 2009 09:55 am
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teddyhanna
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Hey that was good Johnny.

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 Posted: Mon Feb 16th, 2009 07:44 pm
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jk103
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I think everyone buying these watches knows about the servicing end just don't care to consider that factor until it's time is due. I don't beleive watch companies do this at no profit as stated by Swatch/Longines. Longines may only do it for a pittance because they are struggling to become their former selves and have to prove their worth.

On the other hand I didn't think Villemont was around long enough to have enough repairs to put them under.

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 Posted: Wed Feb 18th, 2009 06:17 pm
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valvestem
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That's what I say about my boss's R---x.  He took it in for service.  The bracelet was sloppy, the crystal was like looking through privacy glass, and the time was slowing down. 

It had to be sent to the factory for "refurbishing".

Four weeks and $400 dollars later he got it back, new crystal, new Jubilee style bracelet, and the movement was cleaned, adjusted, and lubed.  He was happy...for about a week, when the crystal clouded up with condensation. An issue he didn't have before sending it to the factory.

It has not come back yet, but at least they are making good on it, and there will be NC for the second trip overseas.

He's wearing a $70 dollar Swatch in  the meantime.

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 Posted: Thu Feb 19th, 2009 12:44 am
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YARGH
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Speaking of servicing -- I'm relatively new to mech. watches (got my first about a year ago) -- where do you guys to go get them serviced?  Is it normal practice to ship them to a manufacturer, or is it OK for a local watch repair shop to have at it?  Do you do this every 5 years or whatever, or do you only take them in when they start slowing down?  Is it bad to wait for a problem instead of doing it at regular intervals regardless of performance?  Are problems like the crystal on the Rolex above things that happen a lot?  

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 Posted: Thu Feb 19th, 2009 08:35 pm
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DannyOcean
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valvestem wrote: That's what I say about my boss's R---x.  He took it in for service.  The bracelet was sloppy, the crystal was like looking through privacy glass, and the time was slowing down. 

It had to be sent to the factory for "refurbishing".

Four weeks and $400 dollars later he got it back, new crystal, new Jubilee style bracelet, and the movement was cleaned, adjusted, and lubed.  He was happy...for about a week, when the crystal clouded up with condensation. An issue he didn't have before sending it to the factory.

It has not come back yet, but at least they are making good on it, and there will be NC for the second trip overseas.

He's wearing a $70 dollar Swatch in  the meantime.

Similar story with mine. I wore it in a hot tub on vacation and water somehow got in it. Buggered up the movement and dial. After 6 weeks and my wallet 1K lighter, I got it back. Basically everything except the case and bracelet was replaced. Although its been fine ever since but I don't even wear it that often.

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 Posted: Thu Feb 19th, 2009 08:45 pm
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Paxman
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That's a pisser considering Rolex's long-standing reputation as waterproof.:shock:

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 Posted: Fri Feb 20th, 2009 09:15 am
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DannyOcean
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What kinda burns me up is that just the case and bracelet are valued at 3K according to Rolex and its only SS!

Don't get me wrong though, I still like the watch.

Personally I don't think some buyers of expensive mechanical watches are aware of the service required and are not told about it when purchasing.

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 Posted: Sat Feb 21st, 2009 06:54 pm
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jk103
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DannyOcean wrote: valvestem wrote: That's what I say about my boss's R---x.  He took it in for service.  The bracelet was sloppy, the crystal was like looking through privacy glass, and the time was slowing down. 

It had to be sent to the factory for "refurbishing".

Four weeks and $400 dollars later he got it back, new crystal, new Jubilee style bracelet, and the movement was cleaned, adjusted, and lubed.  He was happy...for about a week, when the crystal clouded up with condensation. An issue he didn't have before sending it to the factory.

It has not come back yet, but at least they are making good on it, and there will be NC for the second trip overseas.

He's wearing a $70 dollar Swatch in  the meantime.

Similar story with mine. I wore it in a hot tub on vacation and water somehow got in it. Buggered up the movement and dial. After 6 weeks and my wallet 1K lighter, I got it back. Basically everything except the case and bracelet was replaced. Although its been fine ever since but I don't even wear it that often.

I thought you weren't supposed to subject the watches to hot water. It affects the seals and allows in water?

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 Posted: Sat Feb 21st, 2009 10:17 pm
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DannyOcean
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While a hot tub is a bit warm, at 102-104 degrees fahrenheit, its hardly hot water. I've worn many watches in the Ocean to the hot tub and my Rolex was the only watch I ever had an issue with. Bad luck I guess.

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