5% official Patek price increase from 1st September

[Vasco]

Originally Posted by TimepieceRPP

Oh really? Thanks. I will check again. :)

You're welcome. Maybe your navigator seeing you're in UK, still shows prices "weirdly", even if you put the site in "French".

[TimepieceRPP]

Originally Posted by Vasco

You're welcome. Maybe your navigator seeing you're in UK, still shows prices "weirdly", even if you put the site in "French".

I believe so. I jsut checked the 5320G, it shows EUR89200 but not sure about the old price. Anyway, I just hope I am allowed to register my interest next year. :)

[Vasco]

Originally Posted by TimepieceRPP

I believe so. I jsut checked the 5320G, it shows EUR89200 but not sure about the old price. Anyway, I just hope I am allowed to register my interest next year. :)

Yes, that's the new price. It was 84 700 €. I hope you'll get it, I think the market is slowing down a little. Yet, there still needs a little time for the production output to catch up.

[HJZS2K]

Originally Posted by TimepieceRPP

I believe so. I jsut checked the 5320G, it shows EUR89200 but not sure about the old price. Anyway, I just hope I am allowed to register my interest next year. :)

Still cheaper than in the US

[jsobral]

How do you guys check Patek prices? On Patek site I can only filter watches by "price range". For example 35000 to 50000 CHF.

[EUguy]

Where can I find the prices on the Patek website? At the Paris salon they informed me that it is on the website but I cannot find it.

[bobernet]

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[TimepieceRPP]

Originally Posted by Vasco

Yes, that's the new price. It was 84 700 €. I hope you'll get it, I think the market is slowing down a little. Yet, there still needs a little time for the production output to catch up.

Many thanks. 5270 Salmon dial is my grail but too expensive and discontinued. I don't know if I can get it from AD as I can't get my name down in the wish list and hopefully I can do it next year.

Just curious about the price of 5320 seems less than other grand complications models like 5327, any idea why?

[LJubel328]

Does anyone know whether it is a flat 5% across the board? Last price increase varied by reference.

Also, what does the UK site say for the 5740? I see no change yet in the US. European site says 138.190 euro, is that new or old price?


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[ts3]

Originally Posted by LJubel328

Does anyone know whether it is a flat 5% across the board? Last price increase varied by reference.

Also, what does the UK site say for the 5740? I see no change yet in the US. European site says 138.190 euro, is that new or old price?


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Has got to be the new price. Including German VAT of 19% it is now just shy of EUR 136k and was just shy of 130k until Sep 1.

[TimepieceRPP]

Originally Posted by LJubel328

Does anyone know whether it is a flat 5% across the board? Last price increase varied by reference.

Also, what does the UK site say for the 5740? I see no change yet in the US. European site says 138.190 euro, is that new or old price?


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5740 for 117,140GBP in UK, seems increased from 109XXX. Read some threads mentioned in this yesterday.

[EUguy]

Originally Posted by bobernet

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Many thanks. That is where I had been looking indeed but apparently my location does not provide pricing as the page folds open to reveal awhile open space where the price should be.

[Vasco]

Originally Posted by TimepieceRPP

Just curious about the price of 5320 seems less than other grand complications models like 5327, any idea why?

Well, difficult to say indeed. I noticed the same thing for the 5172 (2019) which was less expensive than the 5170. I don't know if it was a period when they had to show a more attractive price (they can't decrease prices for an existing model because some owners wouldn't like that, hence they fix a lower price on a new reference instead). The 5320 (2017) was launched not long after the 5327 to attract a younger audience too: they were in need to be more attractive at that time as the market wasn't very good.

Maybe that the dial and the hands require more work on the 5327 but I doubt this is the reason why. Usually those prices are not fixed relating to real costs but more depending on how they should be presented on a marketing point of view.

[TimepieceRPP]

Originally Posted by Vasco

Well, difficult to say indeed. I noticed the same thing for the 5172 (2019) which was less expensive than the 5170. I don't know if it was a period when they had to show a more attractive price (they can't decrease prices for an existing model because some owners wouldn't like that, hence they fix a lower price on a new reference instead). The 5320 (2017) was launched not long after the 5327 to attract a younger audience too: they were in need to be more attractive at that time as the market wasn't very good.

Maybe that the dial and the hands require more work on the 5327 but I doubt this is the reason why. Usually those prices are not fixed relating to real costs but more depending on how they should be presented on a marketing point of view.

Thanks again. It makes sense and is very informative. Very much appreciated

[APWhale]

Originally Posted by EUguy

Many thanks. That is where I had been looking indeed but apparently my location does not provide pricing as the page folds open to reveal awhile open space where the price should be.

Yes this happens in certain countries. VPN

[jsobral]

VPN was the issue for me too. Guess they don't want us to check the prices... in south america you pay way above the prices listed on the website :*(

[scurfa]

The prices won’t show up if you use the GigSky system also


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[llngoc]

Originally Posted by TimepieceRPP

Many thanks. 5270 Salmon dial is my grail but too expensive and discontinued. I don't know if I can get it from AD as I can't get my name down in the wish list and hopefully I can do it next year.

Just curious about the price of 5320 seems less than other grand complications models like 5327, any idea why?

The movement is not the same. The 240 based movements seems to be "higher" end than the 324 based.

[TimepieceRPP]

Originally Posted by llngoc

The movement is not the same. The 240 based movements seems to be "higher" end than the 324 based.

I see. Good to know. Thank u so much.

[Willyjo]

Originally Posted by lbj_19

Isnt this the 2nd set of increases this year?

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[unotaz]

No price increase for the US market?

[jsobral]

Originally Posted by Willyjo

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Regarding this price list... is it VAT included or excluded?

[ts3]

Originally Posted by jsobral

Regarding this price list... is it VAT included or excluded?

VAT included to the tune of 22% it seems (based on the slightly lower German prices that include 19% VAT).

[jsobral]

Originally Posted by ts3

VAT included to the tune of 22% it seems (based on the slightly lower German prices that include 19% VAT).

It's pretty weird, but in south america AD's charge A LOT more for Patek.

I paid 56.700 USD for my 5167R in August.

This included 19% VAT and 15% Luxury Tax.

[jsobral]

I was also offered the 5205G for about 67.000 USD.

[llngoc]

Originally Posted by Willyjo

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It seems like the Euro price is on par with USD price now? It seems like this increase is currency related otherwise we may see a lot of grey coming from Europe.

[Ichiran]

Originally Posted by Willyjo

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Based on today's EUR/SGD conversion, was surprised to see that this new EUR prices appears to be on par with Singapore's previous MSRP. Then went to the Singapore Patek website and saw the prices are now all blanked out, suggesting that MSRP are in the midst of updating. It looks like the prices here will once again be higher than Europe and US prices after the refresh....

[TimepieceRPP]

Originally Posted by llngoc

It seems like the Euro price is on par with USD price now? It seems like this increase is currency related otherwise we may see a lot of grey coming from Europe.

I also noticed that even within Europe, prices can be varied in different European counties, such as Netherlands (22%) and France (20%) as they charge different VAT. Please correct me if I am wrong.

[ButtButt]

Originally Posted by Ichiran

Based on today's EUR/SGD conversion, was surprised to see that this new EUR prices appears to be on par with Singapore's previous MSRP. Then went to the Singapore Patek website and saw the prices are now all blanked out, suggesting that MSRP are in the midst of updating. It looks like the prices here will once again be higher than Europe and US prices after the refresh....

It really doesn't feel great as a customer when they keep raising prices so much so often.

[Ichiran]

Originally Posted by ButtButt

It really doesn't feel great as a customer when they keep raising prices so much so often.

I'm alright if the local pricing is at least on par with other countries, but we are paying more. Anyway, let's wait for the new price to refresh before further comments...