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25 January 2013, 08:34 AM | #61 | |
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17% off the old price then a 10% discount still costs more than 28% off the old price. You would need a 13% discount off the new prices to break even. |
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25 January 2013, 08:37 AM | #62 |
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I'm not used to having to do so much math on this forum. My head hurts...
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25 January 2013, 08:38 AM | #63 |
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Mine to. All I know is this sucks.
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25 January 2013, 08:39 AM | #64 |
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25 January 2013, 08:40 AM | #65 |
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Trust my numbers. I'm a maths whizz kid!
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25 January 2013, 08:41 AM | #66 | |
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not happening. I could secure additional 18% off.. remember if this new information is true about AD's margins being 10% higher, and I received 28% off before, 28% - 10% is still 18% off.. no reason for my AD not to give me that 18% on the current reduced price if we off set their 10% more they pay. BASED on your numbers now, I'm still out $2473 at only 18% off new retail price, compared to what i paid now on the old retail price. ya fallow? you never accounted for my current discount of 28% less 10% to compensate for the dealers new margin. as long as the dealer has his margin covered, why would he then only give me 10% off. not happening if you base this off of the original figures. math wizz huh? THIS THREAD IS HOT HOT HOT YEOOOOOO DON'T FORGET WHO BROUGHT IT TO YA FIRST HERE FOLKS, HERE ALL WEEK. TADA! |
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25 January 2013, 08:42 AM | #67 | |
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"Wealth is of the heart and mind, not of the pocket!" "A Watch Is An Emotional Object, And So, It Is The Responsibility Of The Brand To Create Emotion Through It's Products" - Georges Kern "In the 1950s and 60s, they made the Ref 8171, which is a cult collectible—now that’s the ultimate Rolex you could own with a calendar and a moon phase.” - John Reardon "Heh, heh, heh..." - Michael Kilyung |
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25 January 2013, 08:46 AM | #68 |
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Any chance the RG44 is not affected?
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25 January 2013, 08:51 AM | #69 |
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25 January 2013, 08:53 AM | #70 |
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I am the king, but my friends call me Sub.
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25 January 2013, 09:00 AM | #71 |
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"Wealth is of the heart and mind, not of the pocket!" "A Watch Is An Emotional Object, And So, It Is The Responsibility Of The Brand To Create Emotion Through It's Products" - Georges Kern "In the 1950s and 60s, they made the Ref 8171, which is a cult collectible—now that’s the ultimate Rolex you could own with a calendar and a moon phase.” - John Reardon "Heh, heh, heh..." - Michael Kilyung |
25 January 2013, 09:18 AM | #72 |
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All I can say is...WOW.
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25 January 2013, 09:19 AM | #73 |
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25 January 2013, 09:41 AM | #74 |
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Really, me too! I thought I was he only one.
Ahh, doc... How about a little cat nip and some milk before you stick that in me bum first! Meowwwwww!
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25 January 2013, 09:51 AM | #75 |
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25 January 2013, 09:57 AM | #76 |
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25 January 2013, 10:04 AM | #77 |
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I would say yes. I think short term it may be a little rough dealing with all the complaints of people losing a bit. But long term it's great for the stability of the brand. I am somewhat bitter that our watches just depriciated 20-30% but it is what it is. Win some lose some.
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25 January 2013, 10:48 AM | #78 |
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Wow....I'm late to the party.
AP craziness |
25 January 2013, 11:14 AM | #79 |
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Incredible. Glad I unloaded my 44mm RG. Just incredible that they would do this. Economy is not as great on a global basis. That is a huge drop. I would not be a happy camper.
PS my AP dealer just told me AP is closing/canceling contracts with 250 AD's worldwide. WOW!! |
25 January 2013, 11:36 AM | #80 |
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25 January 2013, 11:42 AM | #81 |
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Regarding the price drop, I'd be pissed too if I have just bought one and paid the price BEFORE the price drop.
Irregardless of wether it's for investment or enjoyment, paying more just feels wrong. But in life, sometimes timing is everything. Lets just hope the enjoyment of that piece over a long period of time will return whatever extra that you paid for it. |
25 January 2013, 11:43 AM | #82 |
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25 January 2013, 12:42 PM | #83 |
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think this will happen with steel watches too? my hope is that if it did it would be much less dramatic, since steel watch aren't as wildly discounted as are gold watches.
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25 January 2013, 12:48 PM | #84 | |
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Not to cross your toes SubKing but I work out the math on my side. If the price was reduced on the RG 44mm (msrp $61,200) by 17% and the price for the AD went up a straight 10% giving them a wholesale cost of 30% off of msrp than your opportunity lost is $1395.36 and that is factoring that the AD still makes 20% profit like the last time when they gave you 28% off. You lost 3% b/c of this change. I'm bored...I know.
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25 January 2013, 12:51 PM | #85 |
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25 January 2013, 01:06 PM | #86 |
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you guys think a steel price reduction would have been announced now too if it were going to happen? do they ever do these increases/decreases at different times for different models?
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25 January 2013, 01:10 PM | #87 |
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25 January 2013, 01:15 PM | #88 |
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Complete conjecture on my part but I'd assume they would be more corrections for precious metal than steel. Their higher prices mean that they also see a higher rate increase assuming across the board flat rate increases. So a 5% increase on a $20k steel watch is only $1k vs a 5% increase on a $60k gold watch is $3k. The higher priced watches would quickly outpace their steel brethren. So in order to avoid a price gap, wouldn't you need periodic corrections downward (gold) or upward (steel)?
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25 January 2013, 01:39 PM | #89 | |
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25 January 2013, 01:51 PM | #90 | |
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