Price increase 1st September

[Cigars&Watches]

Has there ever been price increases in different parts of the world before? The price hike this past January was world wide. Thanks

[Rickkk]

Originally Posted by Cigars&Watches

Has there ever been price increases in different parts of the world before? The price hike this past January was world wide. Thanks

Yes based on currency fluctuations

[Haywood_Milton]

Originally Posted by dk65

second post in thread. but looks like that video is no longer available. ??? i'll see myself out...

Yes, but it appeared to come after the news had already been released on tz-uk the day before.......

[enjoythemusic]

Originally Posted by ml91

Some people on the forums take this chit way too seriously

Yup.

download.jpg

[M9APO]

Originally Posted by Oxfordian

I collected my 124060 Submariner on 24th September 2020, cost £6450, if I went to buy another one today just less than two years later it would now set me back £7500.

That is some price rise, £1050 in two years, wow!!!

I bought my DJ 12 months ago and was added to the Sub waiting list and there’s been two price rises since then, 16% higher now for the 124060.

I was offered a Sub Date in March. I should’ve taken it, sold it and bought a 124060 grey.

[TimepieceRPP]

Originally Posted by Cigars&Watches

Has there ever been price increases in different parts of the world before? The price hike this past January was world wide. Thanks

I remember there was no increase in the UK for several years (around 2015-2018? or something, I can't remember exactly, as the price in the UK was quite high, compared to other countries, due to currency issues) while other countries had their price increase. I didn't have the figures, just based on my memory and please feel free to correct me if i am wrong.

[kaiserphoenix]

I swear in Japan we are getting hammered with all the increases due to the weak currency + Inflation double whammy. Even Patek has increased twice this year in japan by 10% each...

[TimepieceRPP]

Originally Posted by dmash

how? example?

I haven't done a research for this but just compared to the price in HK and Europe, prices in the UK are always higher.
There was also a statistic released last week? I guess USA, China and Hong Kong are the top three countries in the work Swiss exported their watches to, of course, and there is no particular figure for how many Rolex are exporting to. UK is around 7th or lower. Again, this is just based on my memory, please feel free to correct me if I am wrong.

[omx5o]

Rolex UK prices finally DROP !!

Price Change: 5%
"Official" UK Inflation: 10% (forecast to be 20% by next year)
Real Effective Price Change: -5% (5 - 10)

Good news after all.

[HAL330]

Originally Posted by Yeezy_008

Odd that the price increase is limited to the UK and Japan

the dollar is strong, almost 1:1 with the Swiss franc..



I'm sure an inflation related hike in still incoming however, closer to Jan 23.

[TimepieceRPP]

Originally Posted by omx5o

Rolex UK prices finally DROP !!

Price Change: 5%
"Official" UK Inflation: 10% (forecast to be 20% by next year)
Real Effective Price Change: -5% (5 - 10)

Good news after all.

[DBlue2018]

YM2 now POA
What price is it now?

[beshannon]

Originally Posted by omx5o

Rolex UK prices finally DROP !!

Price Change: 5%
"Official" UK Inflation: 10% (forecast to be 20% by next year)
Real Effective Price Change: -5% (5 - 10)

Good news after all.

So we are getting back to normal?

[Justincredible]

I don't see any price increases in the U.S.

[S7gpt]

Originally Posted by dk65

so y'all are saying Paul Thorpe was right?

yep

[S.Explorer]

Wow £6k for an Explorer now!

[Wobbly]

Originally Posted by TimepieceRPP

I have been waiting this from 11500 uphill now and still waiting. Haha

Paid £12k for mine last December.

Hopefully yours will arrive soon and every penny will be worth it.

[Mini2]

Originally Posted by Oxfordian

I collected my 124060 Submariner on 24th September 2020, cost £6450, if I went to buy another one today just less than two years later it would now set me back £7500.

That is some price rise, £1050 in two years, wow!!!

Better than money in the bank?

[904VT]

And it will still be significantly below market equilibrium, especially for SS models. So it's pretty much pointless

[Njkdog]

Originally Posted by Mini2

Better than money in the bank?

as long as you wear it, it is

[Mini2]

Originally Posted by Njkdog

as long as you wear it, it is

Wear it, Don't wear it.

Your money, you do what you want.

Be interesting to see if the spread between grey and retail gets super close who will play ball with the AD

Hopefully another price increase in January 2023

[Goose 104]

Originally Posted by omx5o

Rolex UK prices finally DROP !!

Price Change: 5%
"Official" UK Inflation: 10% (forecast to be 20% by next year)
Real Effective Price Change: -5% (5 - 10)

Good news after all.

Except that this is the second price rise in a year making it over 10% for many models!

[dmash]

Originally Posted by TimepieceRPP

I haven't done a research for this but just compared to the price in HK and Europe, prices in the UK are always higher.
There was also a statistic released last week? I guess USA, China and Hong Kong are the top three countries in the work Swiss exported their watches to, of course, and there is no particular figure for how many Rolex are exporting to. UK is around 7th or lower. Again, this is just based on my memory, please feel free to correct me if I am wrong.

Your price for a Sub is under the retail of USA at current price, even after your increase. That's why I'm confused at a lot of UK posters flipping out, we're still paying more at current currency rates that you guys.

[Rolexken]

Light the firework and run…..

https://youtu.be/5u3ctUCqov0

[Vivalas]

Originally Posted by Rolexken

Light the firework and run…..

https://youtu.be/5u3ctUCqov0

I personally couldn’t care less about whether he’s right or wrong on ‘all things Rolex’, however this price increase I’d read about elsewhere before he posted it on you tube and hence this thread. Previously he’d posted similar about a new Watches of Switzerland ‘policy’ and I’d read that weeks before on various forums and Facebook pages. To me the guy just posts info that’s already out in the public domain and some of what he posts is inaccurate anyway. Fine have a you tube page and talk to your hearts content, but don’t try and make out you’ve got intel when half the people out there already have it

[Rickkk]

Originally Posted by Vivalas

I personally couldn’t care less about whether he’s right or wrong on ‘all things Rolex’, however this price increase I’d read about elsewhere before he posted it on you tube and hence this thread. Previously he’d posted similar about a new Watches of Switzerland ‘policy’ and I’d read that weeks before on various forums and Facebook pages. To me the guy just posts info that’s already out in the public domain and some of what he posts is inaccurate anyway. Fine have a you tube page and talk to your hearts content, but don’t try and make out you’ve got intel when half the people out there already have it

Exactly. I knew about it from the AD before he posted his video. Well said!

[urbangentleman]

Since it's just in UK and Japan I wonder what the effect on the secondhand market will be...

[Harry-57]

Originally Posted by Cigars&Watches

Has there ever been price increases in different parts of the world before? The price hike this past January was world wide. Thanks

Yes. The UK had its own price rise mid 2019 before additionally getting the world wide one in January 2020.

[Harry-57]

Originally Posted by Vivalas

I personally couldn’t care less about whether he’s right or wrong on ‘all things Rolex’, however this price increase I’d read about elsewhere before he posted it on you tube and hence this thread. Previously he’d posted similar about a new Watches of Switzerland ‘policy’ and I’d read that weeks before on various forums and Facebook pages. To me the guy just posts info that’s already out in the public domain and some of what he posts is inaccurate anyway. Fine have a you tube page and talk to your hearts content, but don’t try and make out you’ve got intel when half the people out there already have it

Well put.

[harvey]

Originally Posted by S.Explorer

Wow £6k for an Explorer now!

…just what I thought too