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11 February 2015, 04:05 AM | #91 |
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When will these prices take effect? I may pick up a 5164 this weekend and want to take advantage!
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11 February 2015, 04:05 AM | #92 |
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let's hope that is the case.. or else i can't see how they can fix the grey dealer problem.
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11 February 2015, 04:05 AM | #93 |
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I was seriously considering Lange before I made my most recent PP purchase and now I am thinking that I would have been better off. I was always told that Patek was the "gold standard" and you would never loose money on a PP. I guess they were wrong. For someone who invested in PP significantly in the past 2 years, this SUCKS and I am going to be writing a letter to them to express my dissatisfaction.
PP is losing it's luster.....The collectors is what keeps this company going and they just pissed off a major part of their customer base. |
11 February 2015, 04:07 AM | #94 | |
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Quote:
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11 February 2015, 04:12 AM | #95 |
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You will get new price and all inventory already paid for by AD's just took 7% hit.
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11 February 2015, 04:22 AM | #96 |
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I can't imagine dealer invoice budging. As a side note, it will be interesting to see what Rolex does re: price. I spoke to several AD's yesterday that I've made recent purchases from and Rolex US had its best year ever last year, even outselling Asia. US demand is so great that AD's can't get inventory to the levels they are accustomed to...
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11 February 2015, 04:33 AM | #97 |
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Anyone know if UK prices are affected?
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11 February 2015, 04:36 AM | #98 |
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11 February 2015, 04:50 AM | #99 | |
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I doubt Rolex will drop pricing and it s a very wise move their grey market is very well controlled by US Customs Just my 2cents
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11 February 2015, 04:59 AM | #100 |
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Would be nice to see a price decrease for all of us buyers :)
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11 February 2015, 05:08 AM | #101 |
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Will be interesting to see what AP does as well...
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11 February 2015, 05:08 AM | #102 |
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Pricing rumour
Wow this is unreal. It's not even the 1st of April.
I can see why people aren't happy. 7% is a significant amount. I personally find it beneficial as I'm only starting to get into Patek. Sent from my iPhone using Tapatalk
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11 February 2015, 05:20 AM | #103 |
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here's the new HK price list for anyone interested......
seems way too steep to me. probably a 10% drop (combined with the 8% increase in EUR) would've been fine if they were worried about moving inventory and bringing global prices in line with each other... now i feel like it's way too low that everyone will just buy from HK instead of EUR |
11 February 2015, 05:27 AM | #104 |
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that is my actual invoice for the 5990
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11 February 2015, 05:27 AM | #105 |
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It will be interesting to see the US prices. Based on the HK prices, the US market seems to be at a premium.
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11 February 2015, 05:32 AM | #106 |
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Pricing rumour
Thanks ,funny they still list the 5131j/G & Anybody knows the 5164 current or former US price? Seems there s a significant drop comparing to the EU price ,it s sells for $ 30k in HKG?!?!
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11 February 2015, 05:33 AM | #107 |
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It is and we have been at major premium for years. Before today we were at a 20% premium to Swiss and much of world and today less but still 10% plus. Crazy and never could understand that!
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11 February 2015, 05:34 AM | #108 |
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I sent an email off to a Patek AD in Canada today, got a response back that yes the price was changing in other countries "but unfortunately the Canadian dollar hasn't been doing much". I took that as "no price change" although I didn't really get an explicit answer.
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11 February 2015, 05:38 AM | #109 |
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5235 at 347200 HKD!!!!!! That's 44775.00 USD!!!!! Almost a 10k drop!!!
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11 February 2015, 05:41 AM | #110 | |
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Quote:
:-) but was not at liberty to show further |
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11 February 2015, 06:05 AM | #111 |
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No it is a $3,125 USD drop from previous price. Again US sells watches for big premium over rest of world.
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11 February 2015, 06:08 AM | #112 |
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11 February 2015, 06:13 AM | #113 |
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11 February 2015, 06:22 AM | #114 |
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Geneva boutique price cut is confirmed at 5% effective from today.
Wonder which way UK prices will move when they do? |
11 February 2015, 06:29 AM | #115 |
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So the U.S. pays a premium which we grin and bear it but seem to get the pieces last and are only allocated 17% of the watches PP makes. (sorry for being the typical crybaby american, but I still love the watches )
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11 February 2015, 06:36 AM | #116 |
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No wonder a credible (looking) seller has a 5960/1A at a price that is several thousands lower than recent prices...
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11 February 2015, 06:42 AM | #117 |
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anyone that has taken recent delivery of a Patek in a country where prices are now lower should defo speak with their AD. Not sure if there is anything that PP or an AD can do but it is definitely worth a try.
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11 February 2015, 06:42 AM | #118 | |
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Quote:
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11 February 2015, 06:49 AM | #119 |
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Good thing I bought my 5980 to wear and not as an investment.
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11 February 2015, 06:59 AM | #120 |
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In Canada list prices are even higher than US which is even crazier considering US is already selling at a premium. In addition with high taxes it'll be interesting to see if prices get adjusted here.
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