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Apheaven · 6 May 2019, 01:41 PM

Got the call from AD and the price quoted is ironically 4% higher than what the official US Patek website indicates as the suggested retail. Therefore, in this case, they have already implemented the discussed 4% increase before June. While I get it, I also wasn’t sure if Patek allows for this as I believe there are price guidelines they must adhere to. Thoughts?

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Dlindsay · 6 May 2019, 02:42 PM

Watches of Switzerland said they were waiting for new stickers and new prices would come in to affect within the next week or two.

Apheaven · 6 May 2019, 03:20 PM

Quote:

Originally Posted by Dlindsay

Watches of Switzerland said they were waiting for new stickers and new prices would come in to affect within the next week or two.

Curious if they actually do. Usually a retailer price increase would be aligned with (if not after) the manufacturer’s official revision of the suggested retail price provided in the website and/or other marketing materials the end buyer refers to.

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WatchLurv · 6 May 2019, 04:14 PM

Is this happening worldwide? UK and US on the map to get the increase.
I seriously dont want to pay 4% extra for my 5711/1R....

Apheaven · 6 May 2019, 11:40 PM

Feels like a money grab from the AD while pricing is in flux, in that the watches the AD has received from the manufacturer are not 4% more expensive (yet) however they (this particular AD) is prematurely quoting the end buyer the revised price to obtain a ‘free’ 4% increase in profit. It is a low brow tactic. Feels very petty to me and reflects poorly on the brand (and the AD, but that is a given).

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RHIII · 6 May 2019, 11:48 PM

They can raise prices 15% for all I care - as long as they actually RELEASE the watches to the ADs

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AK797 · 7 May 2019, 01:00 AM

Quote:

Originally Posted by WatchLurv

Is this happening worldwide? UK and US on the map to get the increase.
I seriously dont want to pay 4% extra for my 5711/1R....

Don't worry about that now, you have the warm comfort of a very nice market price to lean on.

SL BRABUS · 7 May 2019, 04:34 AM

To the OP it really make no difference if AD going to do the low brow tactic of charging you the extra 4% now for you to get the timepieces today .......

or

They could just put the timepieces in the safe until June 1st and call you after June 1st with the official 4% price increase .....

As today market AD win......

So take your pick or go else where.....

WatchLurv · 7 May 2019, 01:39 PM

Quote:

Originally Posted by AK797

Don't worry about that now, you have the warm comfort of a very nice market price to lean on.

I rather save 4% than piss it up in the wind. Im paying next day as soon as I hear from my AD given the price hasnt increased. Locking it in, in full payment before pick-up will be quint-essential for me.

DeeTee · 7 May 2019, 01:56 PM

Who cars about a 4% increase?
Hell a 50% increase in Nautilus doesn’t mean jack.

WatchLurv · 7 May 2019, 02:44 PM

Quote:

Originally Posted by DeeTee

Who cars about a 4% increase?
Hell a 50% increase in Nautilus doesn’t mean jack.

It has been promised to me since November 2018.... They just havent received it yet. Or they have received it but holding back as the increase is around the corner.

AK797 · 7 May 2019, 09:31 PM

Quote:

Originally Posted by WatchLurv

It has been promised to me since November 2018.... They just havent received it yet. Or they have received it but holding back as the increase is around the corner.

If they tell you they have it after the price rise, will you pass?

77T · 7 May 2019, 09:42 PM

Have had the experience with other scarce items where even a 100% prepayment doesn’t guarantee the price upon delivery (perhaps a year down the road). Meaning that when the call comes, the new, then current MSRP would be effective. The delta is paid upon delivery.

Strongly disagree with a PP AD charging a price higher than the MSRP at delivery date, though.

But how will you handle it?
Walk away empty handed?

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ts3 · 7 May 2019, 09:45 PM

Quote:

Originally Posted by WatchLurv

I rather save 4% than piss it up in the wind.

Agreed. If you buy for the long-term the current market prices are pretty meaningless in the end. The only thing that really matters is the cash you spend getting the piece. I was happy when my 5711 arrived in 2018 but felt a little unlucky that it was just after the 20% price increase - I am wearing the same watch but have 5k less in my wallet.

Quote:

Originally Posted by DeeTee

Hell a 50% increase in Nautilus doesn’t mean jack.

Suggesting it wouldn't matter if Nautilus MSRPs increased by 50% is nonsense IMO unless, of course, you will be flipping in which case you might still make a handsome profit...

ts3 · 7 May 2019, 09:49 PM

Quote:

Originally Posted by 77T

Have had the experience with other scarce items where even a 100% prepayment doesn’t guarantee the price upon delivery (perhaps a year down the road). Meaning that when the call comes, the new, then current MSRP would be effective. The delta is paid upon delivery.

Strongly disagree with a PP AD charging a price higher than the MSRP at delivery date, though.

But how will you handle it?
Walk away empty handed?

Sent from my iPhone using Tapatalk Pro

If I was the OP I'd get the piece but certainly express my unhappiness in the process and consider taking my business elsewhere going forward, depending on the quality of the relationship and history w the AD...

tonoboon · 15 May 2019, 06:34 AM

Also confirm in Thailand , price change on June .

marselluswallace · 15 May 2019, 08:18 AM

Quote:

Originally Posted by WatchLurv

Is this happening worldwide? UK and US on the map to get the increase.
I seriously dont want to pay 4% extra for my 5711/1R....

5711/1R-001 was originally £33560 when I was originally going to buy in 2016
I paid £39070 in 2018

WatchLurv · 15 May 2019, 09:27 PM

Quote:

Originally Posted by AK797

If they tell you they have it after the price rise, will you pass?

Nope. I'll still grab it because I have my eyes on it and I've somehow already created some sort of emotional attachment to it by scouring Google Images a few times a week for it.

That being said, I'd still love to save $X,XXX.

AK797 · 15 May 2019, 09:31 PM

Quote:

Originally Posted by WatchLurv

Nope. I'll still grab it because I have my eyes on it and I've somehow already created some sort of emotional attachment to it by scouring Google Images a few times a week for it.

That being said, I'd still love to save $X,XXX.

Glad to hear it, and absolutely the right move.

WatchLurv · 15 May 2019, 09:38 PM

Quote:

Originally Posted by AK797

Glad to hear it, and absolutely the right move.

Id kick myself from now till the end of day if I passed on it. It's like getting an unicorn. Im still waiting for the message or email that it has landed. Soon to be updated.

CoveWatch · 16 May 2019, 02:32 PM

Quote:

Originally Posted by WatchLurv

I rather save 4% than piss it up in the wind. Im paying next day as soon as I hear from my AD given the price hasnt increased. Locking it in, in full payment before pick-up will be quint-essential for me.

Yeah it would be about a 4.5% increase here in the states and I’d prefer to save the $2269 too! I can do a lot with that... or eat a lot with it

Fat_ninja · 16 May 2019, 09:06 PM

Quote:

Originally Posted by CoveWatch

Yeah it would be about a 4.5% increase here in the states and I’d prefer to save the $2269 too! I can do a lot with that... or eat a lot with it

I can eat a lot of $2269. Become fat fat ninja

WatchLurv · 17 May 2019, 03:36 AM

Quote:

Originally Posted by Fat_ninja

I can eat a lot of $2269. Become fat fat ninja

$2269 on dining out means it's a good month

Fat_ninja · 17 May 2019, 03:53 AM

Quote:

Originally Posted by WatchLurv

$2269 on dining out means it's a good month

We have $1 slice of cheese pizza in NYC. Its cheaper than McDonalds

WatchLurv · 17 May 2019, 03:57 AM

Quote:

Originally Posted by Fat_ninja

We have $1 slice of cheese pizza in NYC. Its cheaper than McDonalds

And it's better than all other pizzas around the world. Can't wait to come back (minus the garbage smell) in the Summer.

CoveWatch · 17 May 2019, 05:29 AM

Quote:

Originally Posted by Fat_ninja

I can eat a lot of $2269. Become fat fat ninja

Fat_ninja · 17 May 2019, 08:32 AM

Quote:

Originally Posted by WatchLurv

And it's better than all other pizzas around the world. Can't wait to come back (minus the garbage smell) in the Summer.

That smell is not garbage... it’s ass

YYR · 17 May 2019, 09:47 AM

Quote:

Originally Posted by WatchLurv

Is this happening worldwide? UK and US on the map to get the increase.
I seriously dont want to pay 4% extra for my 5711/1R....

The new price in the US for the 5711/1r is 53300

CoveWatch · 17 May 2019, 10:01 AM

Quote:

Originally Posted by YYR

The new price in the US for the 5711/1r is 53300

Yup! I got a hold of a list of the new prices but all the prices are a few dollars off for some reason. For example the 5711/1r says $53,299

WatchLurv · 17 May 2019, 12:46 PM

Quote:

Originally Posted by Fat_ninja

That smell is not garbage... it’s ass

Must be the influx of tourists

6 May 2019, 01:41 PM	#1
Apheaven "TRF" Member Join Date: Jun 2011 Location: SF Posts: 584	4% Price Increase already (before June)? Got the call from AD and the price quoted is ironically 4% higher than what the official US Patek website indicates as the suggested retail. Therefore, in this case, they have already implemented the discussed 4% increase before June. While I get it, I also wasn’t sure if Patek allows for this as I believe there are price guidelines they must adhere to. Thoughts? Sent from my iPhone using Tapatalk

7 May 2019, 04:34 AM	#8
SL BRABUS "TRF" Member Join Date: Mar 2009 Location: U.S.A Watch: Only Rolex & Patek Posts: 3,341	To the OP it really make no difference if AD going to do the low brow tactic of charging you the extra 4% now for you to get the timepieces today ....... or They could just put the timepieces in the safe until June 1st and call you after June 1st with the official 4% price increase ..... As today market AD win...... So take your pick or go else where..... __________________ Rolex Forum: Mainly Rolex & Benz pictures...!!! Click the above link to join the club...^^^... "SL BRABUS" aka BenzWorld Undercover Moderator

7 May 2019, 09:42 PM	#13
77T 2024 ROLEX DATEJUST41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 40,694	Have had the experience with other scarce items where even a 100% prepayment doesn’t guarantee the price upon delivery (perhaps a year down the road). Meaning that when the call comes, the new, then current MSRP would be effective. The delta is paid upon delivery. Strongly disagree with a PP AD charging a price higher than the MSRP at delivery date, though. But how will you handle it? Walk away empty handed? Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

6 May 2019, 02:42 PM	#2
Dlindsay Banned Join Date: Jan 2019 Location: England Posts: 131	Watches of Switzerland said they were waiting for new stickers and new prices would come in to affect within the next week or two.

6 May 2019, 04:14 PM	#4
WatchLurv Banned Join Date: Jul 2018 Location: Moon Watch: Swiss Posts: 2,270	Is this happening worldwide? UK and US on the map to get the increase. I seriously dont want to pay 4% extra for my 5711/1R....

6 May 2019, 11:40 PM	#5
Apheaven "TRF" Member Join Date: Jun 2011 Location: SF Posts: 584	Feels like a money grab from the AD while pricing is in flux, in that the watches the AD has received from the manufacturer are not 4% more expensive (yet) however they (this particular AD) is prematurely quoting the end buyer the revised price to obtain a ‘free’ 4% increase in profit. It is a low brow tactic. Feels very petty to me and reflects poorly on the brand (and the AD, but that is a given). Sent from my iPhone using Tapatalk

6 May 2019, 11:48 PM	#6
RHIII Member Join Date: Jul 2014 Real Name: Roger Location: ... Watch: AP/Rolex/PP Posts: 6,309	They can raise prices 15% for all I care - as long as they actually RELEASE the watches to the ADs Sent from my iPhone using Tapatalk

7 May 2019, 01:56 PM	#10
DeeTee "TRF" Member Join Date: Dec 2014 Location: Los Angeles Watch: Netflix Posts: 3,977	Who cars about a 4% increase? Hell a 50% increase in Nautilus doesn’t mean jack.

15 May 2019, 06:34 AM	#16
tonoboon "TRF" Member Join Date: Jan 2011 Location: KhonKaen - TH Watch: PP,JLC,RL,AP Posts: 76	Also confirm in Thailand , price change on June .

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