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NightrainM · 16 December 2018, 06:27 AM

Guys I went to the AD in Cyprus and asked for the Rolex gmt master ii aka Batman and the watch was available but they asked me EUR10000 when the list price is EUR8100. Are they allowed to do that?

roadjull · 16 December 2018, 06:38 AM

In short, yes they are, but that premium is very cheeky. I was quoted 8900 euros last week in a close-by EU country and I honestly thought THAT was cheeky.

I did buy it, but this sort of behaviour is exactly why people go grey (and I do mean both of the double meanings for that).

rambo99 · 16 December 2018, 07:07 AM

ADs are now turning themselves into grey dealers.

NightrainM · 16 December 2018, 07:09 AM

I bought it also for 9500 because I wanted it so much and in view of the rumors for discontinuance in year 2019 I didht want to lose it but this is not ethical from an AD

mfm22 · 16 December 2018, 04:26 PM

They don't make enough profit ??

ahlee00023 · 16 December 2018, 04:35 PM

I thought ADs weren't allowed to charge over MSRP.

peterpl · 16 December 2018, 08:29 PM

Keep feeding the frenzy. Ppl never learn. Mass produced items Hahahaha

joli160 · 19 December 2018, 05:55 AM

Quote:

Originally Posted by ahlee00023

I thought ADs weren't allowed to charge over MSRP.

Why not, they own them and can sell for how much and to whom they like.

tyler1980 · 19 December 2018, 05:57 AM

might as well. I like dynamic pricing if you can actually get the watch and get it from an AD. Some AD in Romania was doing that with SS daytonas and it was less than the secondary market price and sort of split the difference.

Market price is a real price based on supply and demand and other market conditions where as retail is a made up number with no basis in reality... plus its a "suggested" price but people always debate it but Rolex has never changed the term from MSRP to MMRP for "Manufacture Mandated Retail Price"

I would rather they sell above retail than discount PM watches. Discounts erode the brand value/luxury position/ image and a premium enhances it.

jsausley · 19 December 2018, 06:01 AM

Quote:

Originally Posted by ahlee00023

I thought ADs weren't allowed to charge over MSRP.

I believe that's a United States, and maybe UK, thing. In some European countries it happens (probably Greece, Croatia, Turkey, maybe Romania and Hungary, etc.). I wouldn't expect it in Switzerland or Germany though.

CoveWatch · 19 December 2018, 06:44 AM

It's not allowed here in the States, but I've heard on several occasions that other countries AD's allow it.

RJRJRJ · 19 December 2018, 08:14 AM

Quote:

Originally Posted by jsausley

I believe that's a United States, and maybe UK, thing. In some European countries it happens (probably Greece, Croatia, Turkey, maybe Romania and Hungary, etc.). I wouldn't expect it in Switzerland or Germany though.

The AD owns the watches and can do whatever they want with them, whether that's charge 2x, or throw them in the garbage. They just don't do it because Rolex can also choose to close their account.

NightrainM · 19 December 2018, 10:11 AM

Guys if I agree with some of you that they can sell in whatever price they want why the Rolex price list exist ? When I asked why I cannot pay the list price and buy the watch if there is no waiting list the AD owner told me that we have the watch available and the price increase is with Rolex blessings

Tools · 19 December 2018, 10:19 AM

Quote:

Originally Posted by NightrainM

Guys if I agree with some of you that they can sell in whatever price they want why the Rolex price list exist ? When I asked why I cannot pay the list price and buy the watch if there is no waiting list the AD owner told me that we have the watch available and the price increase is with Rolex blessings

Practically every product in the world has a MSRP, or price list.

You can find those same products for many different prices, depending on where you shop.

It's no different with a watch, Dealers mark them for what the prevailing traffic will permit. Rolex does not have anything to do with what an AD sells their watch for, and they do not give "blessings".

What Rolex does not allow by contract, is "Sale Pricing" or advertising as such.

Nairn1980 · 19 December 2018, 04:25 PM

Quote:

Originally Posted by NightrainM

Guys if I agree with some of you that they can sell in whatever price they want why the Rolex price list exist ? When I asked why I cannot pay the list price and buy the watch if there is no waiting list the AD owner told me that we have the watch available and the price increase is with Rolex blessings

That’s his price. Did you buy it?

tyler1980 · 19 December 2018, 04:45 PM

Quote:

Originally Posted by NightrainM

Guys if I agree with some of you that they can sell in whatever price they want why the Rolex price list exist ? When I asked why I cannot pay the list price and buy the watch if there is no waiting list the AD owner told me that we have the watch available and the price increase is with Rolex blessings

almost all companies give suggested prices for their items at retailers. Doesnt mean anything.

No one complains when something goes on sale for less than the suggestion...so whats the difference? there isnt any

it wasn't too long ago that no one paid list for anything and expected a discount, including the SS watches. I do find it hypocritical to expect list price to be flexible in only one direction

belutak · 19 December 2018, 05:01 PM

Quote:

Originally Posted by peterpl

Keep feeding the frenzy. Ppl never learn. Mass produced items Hahahaha

Fear of missing out. Our society’s collective COD. Sadly.

Sent from my iPhone using Tapatalk

belutak · 19 December 2018, 05:02 PM

Quote:

Originally Posted by joli160

Why not, they own them and can sell for how much and to whom they like.

Not to everyone though. Only to those with the same obsession.

Sent from my iPhone using Tapatalk

NightrainM · 19 December 2018, 06:02 PM

Quote:

Originally Posted by Nairn1980

That’s his price. Did you buy it?

Yes it’s beautiful

beshannon · 19 December 2018, 10:21 PM

Quote:

Originally Posted by NightrainM

Are they allowed to do that?

Yes

watchmaker · 20 December 2018, 12:21 AM

Quote:

Originally Posted by tyler1980

almost all companies give suggested prices for their items at retailers. Doesnt mean anything.

No one complains when something goes on sale for less than the suggestion...so whats the difference? there isnt any

it wasn't too long ago that no one paid list for anything and expected a discount, including the SS watches. I do find it hypocritical to expect list price to be flexible in only one direction

Hit the nail on the head with this

Nairn1980 · 20 December 2018, 06:17 AM

Quote:

Originally Posted by NightrainM

Yes it’s beautiful

Congrats

NightrainM · 20 December 2018, 06:34 AM

Quote:

Originally Posted by Nairn1980

Congrats

Thanks man

R!$ · 20 December 2018, 08:01 AM

Quote:

Originally Posted by NightrainM

Yes it’s beautiful

Congrats

NightrainM · 20 December 2018, 07:16 PM

Quote:

Originally Posted by R!$

Congrats

Thanks man

JRT · 20 December 2018, 07:28 PM

Congrats! Be sure to post the picture for the new watch on your wrist.

16 December 2018, 06:27 AM	#1
NightrainM "TRF" Member Join Date: Nov 2018 Real Name: Markos Location: Nicosia, Cyprus Watch: GMT master 2 BLNR Posts: 16	Price of Gmt master II 116710blnr aka Batman Guys I went to the AD in Cyprus and asked for the Rolex gmt master ii aka Batman and the watch was available but they asked me EUR10000 when the list price is EUR8100. Are they allowed to do that?

16 December 2018, 04:35 PM	#6
ahlee00023 "TRF" Member Join Date: Sep 2018 Location: Texas Posts: 462	I thought ADs weren't allowed to charge over MSRP. __________________ "The Secret of Life is to Enjoy It"

19 December 2018, 05:57 AM	#9
tyler1980 "TRF" Member Join Date: Apr 2015 Location: Houston Posts: 17,622	might as well. I like dynamic pricing if you can actually get the watch and get it from an AD. Some AD in Romania was doing that with SS daytonas and it was less than the secondary market price and sort of split the difference. Market price is a real price based on supply and demand and other market conditions where as retail is a made up number with no basis in reality... plus its a "suggested" price but people always debate it but Rolex has never changed the term from MSRP to MMRP for "Manufacture Mandated Retail Price" I would rather they sell above retail than discount PM watches. Discounts erode the brand value/luxury position/ image and a premium enhances it. __________________ Instagram: tyler.watches current collection: Patek 5164A, Patek 5524G, Rolex Platinum Daytona 116506, Rolex Sea Dweller 43 126600, Rolex GMT II 116710LN, AP 15400ST (silver), Panerai 913, Omega Speedmaster moonwatch, Tudor Black Bay (Harrods Edition)

16 December 2018, 06:38 AM	#2
roadjull "TRF" Member Join Date: Dec 2018 Location: Nerdvana Posts: 25	In short, yes they are, but that premium is very cheeky. I was quoted 8900 euros last week in a close-by EU country and I honestly thought THAT was cheeky. I did buy it, but this sort of behaviour is exactly why people go grey (and I do mean both of the double meanings for that).

16 December 2018, 07:07 AM	#3
rambo99 Banned Join Date: Aug 2018 Location: Tokyo Watch: SD43,PAM1616,Hulk Posts: 3,567	ADs are now turning themselves into grey dealers.

16 December 2018, 07:09 AM	#4
NightrainM "TRF" Member Join Date: Nov 2018 Real Name: Markos Location: Nicosia, Cyprus Watch: GMT master 2 BLNR Posts: 16	I bought it also for 9500 because I wanted it so much and in view of the rumors for discontinuance in year 2019 I didht want to lose it but this is not ethical from an AD

16 December 2018, 04:26 PM	#5
mfm22 "TRF" Member Join Date: Jan 2017 Real Name: Mike Location: NY Watch: Explorer 1 Posts: 488	They don't make enough profit ??

16 December 2018, 08:29 PM	#7
peterpl Banned Join Date: Aug 2012 Location: . Posts: 6,692	Keep feeding the frenzy. Ppl never learn. Mass produced items Hahahaha

19 December 2018, 06:44 AM	#11
CoveWatch "TRF" Member Join Date: Nov 2017 Location: SoCal Watch: Rolex & AP Posts: 4,535	It's not allowed here in the States, but I've heard on several occasions that other countries AD's allow it.

19 December 2018, 10:11 AM	#13
NightrainM "TRF" Member Join Date: Nov 2018 Real Name: Markos Location: Nicosia, Cyprus Watch: GMT master 2 BLNR Posts: 16	Guys if I agree with some of you that they can sell in whatever price they want why the Rolex price list exist ? When I asked why I cannot pay the list price and buy the watch if there is no waiting list the AD owner told me that we have the watch available and the price increase is with Rolex blessings

20 December 2018, 07:28 PM	#26
JRT "TRF" Member Join Date: Mar 2015 Location: Taiwan Watch: Rolex BLNR Posts: 2,308	Congrats! Be sure to post the picture for the new watch on your wrist.

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