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mtgjr · 27 May 2017, 03:06 AM

Quote:

Originally Posted by AS1

20% represents VAT which is not payable duty free at the airport

Ahh, I see. Thanks.

coleburns · 27 May 2017, 03:22 AM

Quote:

Originally Posted by colt_seavers

Pedant alert! Knocking the VAT off actually means a 16.66% saving, not 20%.

Sorry, carry on as you were...

haha. Well, if we are being pedantic, the discount worked out to 17.2%

AK797 · 27 May 2017, 03:56 AM

Quote:

Originally Posted by coleburns

haha. Well, if we are being pedantic, the discount worked out to 17.2%

Still very nice, a family outing to WF better not be the next stop.

brandrea · 27 May 2017, 03:59 AM

Serendipitous

colt_seavers · 27 May 2017, 04:03 AM

Quote:

Originally Posted by coleburns

haha. Well, if we are being pedantic, the discount worked out to 17.2%

How come?

coleburns · 27 May 2017, 04:07 AM

Quote:

Originally Posted by colt_seavers

How come?

At UK airports, VAT (Value added Tax) is not charged on goods. There are some caveats for UK citizens but always a good idea to look around.

If you are are referring to 17.2 and why not 20%, there is admin fee applied...i think

Twin1 · 27 May 2017, 04:08 AM

Very nice!

904VT · 27 May 2017, 04:16 AM

Quote:

Originally Posted by flyingtiger85

I still don't get the lack of SS places in parts of the world. Here in Texas every AD has troves of SS pieces

Currency exchange rates.

The USD is about the only major currency to hold stable value and/or gain against the CHF. The GBP has not done well in recent years, and the combination of Brexit and the Swiss unpegging of the Franc to the Euro have contributed to a non-friendly environment for Swiss companies to do business in some currency-denominated countries. The USA, is not a country with such difficulties.

All revenue for Rolex is translated back into CHF, so they naturally will want to capitalize (within reason) on the areas of the market that will give best currency translated profits (other profitabilities within certain markets may make up for certain currency losses, while in other markets these same profit margins/distribution expenses may be tighter and may make distribution even more expensive).

SS pieces also, have the lowest profit margins, so they are most sensitive.

sutats · 27 May 2017, 04:50 AM

So you're that guy.

And1dre · 27 May 2017, 05:48 AM

Very nice!

dysondiver · 27 May 2017, 05:57 AM

now thats what i call a deal ,,, well done

One Ping Only · 27 May 2017, 06:38 AM

Well played sir!

dadonn2 · 27 May 2017, 06:39 AM

Quote:

Originally Posted by coleburns

At UK airports, VAT (Value added Tax) is not charged on goods. There are some caveats for UK citizens but always a good idea to look around.

If you are are referring to 17.2 and why not 20%, there is admin fee applied...i think

The VAT is included in the price so the discount is 16.66%? Throw in the admin fee and the discount should be less, not more, no?

BadBoyR · 27 May 2017, 06:46 AM

Great deal, I would've kept them for myself :)

Sent from my SM-G935F using Tapatalk

A.I. · 27 May 2017, 06:49 AM

Quote:

Originally Posted by m j b

You Brits should visit the US for holiday more often. Help us with our economy, buy lots of stuff!

And we very nearly speak the same language, so that helps.

bbressler · 27 May 2017, 07:48 AM

Quote:

Originally Posted by 904VT

Currency exchange rates.

The USD is about the only major currency to hold stable value and/or gain against the CHF. The GBP has not done well in recent years, and the combination of Brexit and the Swiss unpegging of the Franc to the Euro have contributed to a non-friendly environment for Swiss companies to do business in some currency-denominated countries. The USA, is not a country with such difficulties.

All revenue for Rolex is translated back into CHF, so they naturally will want to capitalize (within reason) on the areas of the market that will give best currency translated profits (other profitabilities within certain markets may make up for certain currency losses, while in other markets these same profit margins/distribution expenses may be tighter and may make distribution even more expensive).

SS pieces also, have the lowest profit margins, so they are most sensitive.

That makes sense, thank you for explaining.

And congrats OP! No SS sport models when we passed through there a few months back.

coleburns · 27 May 2017, 09:19 AM

Quote:

Originally Posted by dadonn2

The VAT is included in the price so the discount is 16.66%? Throw in the admin fee and the discount should be less, not more, no?

No idea tbh. All i know is you get close to 20% off at the airport. The number tends to vary. As a non EU citizen, you can actually get the discount directly from the ADs (in town) and then claim the cash back at the airport before you fly out. So there a few options i guess

ejvette · 27 May 2017, 09:26 AM

Wow very lucky ! Congrats

Sent from my iPhone using Tapatalk

WEST HAM ROLEX · 27 May 2017, 10:18 AM

Been through 5 times this year -- with nothing to buy,,,even look at

Right place at the right time

Also wanted the GMT LN

Well done,,,,good luck to you

mmbiker · 28 May 2017, 01:17 AM

I had been travelling in Europe the past two weeks. Been to a few Rolex AD and non of them have any sport watch! All they have are DJ... Very disappointing...

benvh · 28 May 2017, 01:50 AM

A good example of why it never hurts to ask. Congrats!

Ben

DocJacko · 30 May 2017, 08:32 AM

I stopped by the Rolex AD in Terminal 2 at LHR last week, and they had a YM with rhodium dial as well as a Milgauss on display, but no subs or GMTIIs. The lady told me they had sold a BLNR to a lucky customer about 2 weeks prior.
Today I went through Terminal 5, and the Rolex AD had nothing of interest available.

It should be noted that all Rolex watches at the airport ADs are advertised with two prices (with and without VAT), but only non-EU residents get to pay the lower price, without the VAT.

sfshaider · 1 December 2017, 02:34 AM

Can I ask what the final price was?

Chadridv · 1 December 2017, 02:35 AM

congrats! Awesome find.

SDRider · 1 December 2017, 02:47 AM

Quote:

Originally Posted by m j b

You Brits should visit the US for holiday more often. Help us with our economy, buy lots of stuff!

And we very nearly speak the same language, so that helps.

Is there something wrong with the economy?

Man, I would have had a tough time resisting that YM.

grimps · 1 December 2017, 02:48 AM

I find that the Deep Sea black dial is still pretty easy to get hold of , they had two in Amsterdam yesterday and I always seem to see them in uk ADs , what's the reason for this ?

tomchicago · 1 December 2017, 02:48 AM

so much for the stainless steel consipracy...

DonBateman · 1 December 2017, 03:03 AM

You had what is called "A good day".

nektar · 1 December 2017, 03:34 AM

Join the lottery mate!! Wow

harvey · 1 December 2017, 03:55 AM

This thread is six months old...

27 May 2017, 04:50 AM	#39
sutats "TRF" Member Join Date: Oct 2010 Location: London Posts: 1,223	So you're that guy. __________________ There's no such thing as a Submariner No Date, it's simply Submariner. You don't call a Porsche 911 Turbo, a Porsche 911 Turbo No S. www.instagram.com/sutatshorology Post Your Rolex/Tudor Watch Weight (PYRTWW)

27 May 2017, 06:38 AM	#42
One Ping Only "TRF" Member Join Date: Oct 2012 Real Name: Ken Location: WI Watch: several Posts: 1,639	Well played sir! __________________ I have far too many expensive hobbies to even consider another one.

27 May 2017, 09:26 AM	#48
ejvette 2024 ROLEX DATEJUST41 Pledge Member Join Date: Apr 2014 Real Name: Ed Location: East Hampton NY Watch: me break clays.. Posts: 7,495	Wow very lucky ! Congrats Sent from my iPhone using Tapatalk __________________ Rolex•Omega•Breitling•Grand Seiko "The only difference between crazy and eccentric is the size of ones bank account" Anonymous * Card carrying member of TRF's Global Association of Retro-Grouch-Curmudgeons *

1 December 2017, 02:35 AM	#54
Chadridv 2024 Pledge Member Join Date: Oct 2014 Real Name: Chadri Location: LI, NY Watch: 116610LV Posts: 11,343	congrats! Awesome find. __________________ - i͞n͟s͞t͟a͞g͞r͟a͞m͞ @ⓒⓄⓁⒹⓒⒶⓈⒺⓦⒶⒶⓉⒸⒽⒺⓈ

27 May 2017, 03:59 AM	#34
brandrea 2024 Pledge Member Join Date: Jul 2013 Real Name: Brian (TBone) Location: canada Watch: es make me smile Posts: 73,697	Serendipitous

27 May 2017, 04:08 AM	#37
Twin1 "TRF" Member Join Date: Aug 2016 Location: Indiana Watch: Submariner Posts: 435	Very nice!

27 May 2017, 05:48 AM	#40
And1dre "TRF" Member Join Date: Oct 2015 Location: Silicon Valley Watch: Rolex Posts: 4,182	Very nice!

27 May 2017, 05:57 AM	#41
dysondiver "TRF" Member Join Date: Jul 2010 Real Name: tom Location: northern ireland Watch: my fins Posts: 10,063	now thats what i call a deal ,,, well done

27 May 2017, 06:46 AM	#44
BadBoyR "TRF" Member Join Date: Feb 2017 Location: UK Watch: SubsGMTsSDsYM2DJ41 Posts: 652	Great deal, I would've kept them for myself :) Sent from my SM-G935F using Tapatalk

27 May 2017, 10:18 AM	#49
WEST HAM ROLEX "TRF" Member Join Date: Jun 2016 Location: London/Asia Watch: GMT LN/SD43/D Blue Posts: 872	Been through 5 times this year -- with nothing to buy,,,even look at Right place at the right time Also wanted the GMT LN Well done,,,,good luck to you

28 May 2017, 01:17 AM	#50
mmbiker "TRF" Member Join Date: Apr 2016 Location: Canada Watch: Sub Posts: 568	I had been travelling in Europe the past two weeks. Been to a few Rolex AD and non of them have any sport watch! All they have are DJ... Very disappointing...

28 May 2017, 01:50 AM	#51
benvh "TRF" Member Join Date: Jul 2015 Location: Boston Posts: 438	A good example of why it never hurts to ask. Congrats! Ben

30 May 2017, 08:32 AM	#52
DocJacko "TRF" Member Join Date: Jan 2017 Location: NYC Posts: 27	I stopped by the Rolex AD in Terminal 2 at LHR last week, and they had a YM with rhodium dial as well as a Milgauss on display, but no subs or GMTIIs. The lady told me they had sold a BLNR to a lucky customer about 2 weeks prior. Today I went through Terminal 5, and the Rolex AD had nothing of interest available. It should be noted that all Rolex watches at the airport ADs are advertised with two prices (with and without VAT), but only non-EU residents get to pay the lower price, without the VAT.

1 December 2017, 02:34 AM	#53
sfshaider "TRF" Member Join Date: Dec 2017 Location: geneva Posts: 1	Can I ask what the final price was?

1 December 2017, 02:48 AM	#56
grimps "TRF" Member Join Date: Aug 2015 Location: England Posts: 1,419	I find that the Deep Sea black dial is still pretty easy to get hold of , they had two in Amsterdam yesterday and I always seem to see them in uk ADs , what's the reason for this ?

1 December 2017, 02:48 AM	#57
tomchicago Banned Join Date: Feb 2010 Location: Chicago Watch: 16710BLRO, 214270. Posts: 2,717	so much for the stainless steel consipracy...

1 December 2017, 03:03 AM	#58
DonBateman Banned Join Date: Mar 2017 Location: IL Watch: I like watch Posts: 753	You had what is called "A good day".

1 December 2017, 03:34 AM	#59
nektar "TRF" Member Join Date: Jul 2009 Location: Louisiana Watch: 114060 Posts: 1,678	Join the lottery mate!! Wow

1 December 2017, 03:55 AM	#60
harvey "TRF" Member Join Date: Apr 2008 Location: rolexforums.com Posts: 5,374	This thread is six months old...

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