September price increase, myth or fact?

[jdojoby]

You won't get 20% back.....try 16%

[tyler1980]

Originally Posted by jdojoby

You won't get 20% back.....try 16%

i ran the numbers with a 17% refund in my example so i accounted for that

[tyler1980]

Originally Posted by Luchi12

I know that but I found the part about the UK being the cheapest place to buy a Rolex when comparing retail prices (inc tax) interesting as I knew Bermuda must have been pretty close to UK retail prices.

Also, customs are so strict here that I would never get a brand new Rolex in without paying 25% import duty unfortunately!

ahh... i assumed you were american and buying on holiday in Bermuda.

My examples work the best for americans paying in USD. And US import duty is no where near that high if you declare it

[richard371]

If you walk in to any AD and ask, there will be a price increase that following month lol. They always say that to get you to buy now esp that Platona. I'm sure that's a nice commission.

[Jacobson]

Originally Posted by jdojoby

You won't get 20% back.....try 16%

it's 16.6%

bought a Smurf in London.
The wife did a VAT refund @ Heathrow, got back 16.6% of what was paid

[swisscheeses]

I do believe a price increase is going to happen soon! I've heard from a few ADs they are expecting UK prices to go up, and soon! Tudor are going up 1st September (apparently) so why wouldn't effect Rolex? Seems off that 3 ADs have said the same thing??!

[Jacobson]

Originally Posted by swisscheeses

I do believe a price increase is going to happen soon! I've heard from a few ADs they are expecting UK prices to go up, and soon! Tudor are going up 1st September (apparently) so why wouldn't effect Rolex? Seems off that 3 ADs have said the same thing??!

They say this almost every month these days

[gabbysplace]

A price increase is only a matter of time in the UK. But whether or not your AD has any real insight into that is questionable.

[astrazen]

Originally Posted by AK797

Still very low stock so we need a price rise to get things going and in truth 10% is probably needed to get back to pre-Brexit levels.

Really can't understand the desire to see an increase in price. If its a SS sports Rolex you want then there seems to be no stock anywhere at the moment, not just the UK so I don't see how a price increase will help matters.

[AK797]

Originally Posted by astrazen

Really can't understand the desire to see an increase in price. If its a SS sports Rolex you want then there seems to be no stock anywhere at the moment, not just the UK so I don't see how a price increase will help matters.

Well the theories have been stated many times, but I too am growing more doubtful that a price rise will make much difference now as the shortage seems to be spreading worldwide. Looks like production issues or poor allocation control.

[astrazen]

Originally Posted by AK797

Well the theories have been stated many times, but I too am growing more doubtful that a price rise will make much difference now as the shortage seems to be spreading worldwide. Looks like production issues or poor allocation control.

Agreed. Also there's more to Rolex than the usual SS sports models. Why would you want to see the price of the precious metal variants rise in cost? Here in the UK we are in the fortunate position to be able to buy cheaper than anywhere else in the world. Fiil your boots while the goings good I say

[DD99990]

Excuse me for not reading all posts in the thread. However I did speak to an AD just earlier today, who I get on relatively well with, and he told me there’s going to be a 10% price increase on Rolex models from November in the UK.


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[brandrea]

So there was no price in September ?

[AK797]

Originally Posted by DD99990

Excuse me for not reading all posts in the thread. However I did speak to an AD just earlier today, who I get on relatively well with, and he told me there’s going to be a 10% price increase on Rolex models from November in the UK.


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I like the symmetry of 1 year on, on Nov 1st, and that was my thinking this summer, but no AD knows more than a day or two before it happens. The Pound is strengthening and low supply is spreading so there is no real need now other than balancing out worldwide prices.

[Nairn1980]

Originally Posted by AK797

I like the symmetry of 1 year on, on Nov 1st, and that was my thinking this summer, but no AD knows more than a day or two before it happens. The Pound is strengthening and low supply is spreading so there is no real need now other than balancing out worldwide prices.

No matter what an AD says, only Rolex truly knows when the next rise will be and how much of a rise it will be.

However I do see 10% coming soon.