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Old 30 March 2017, 09:31 PM   #1
brandon13
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My Barcelona AD Price and Experience

Just returned from Barcelona, Spain with a Datejust II fluted dark blue face in hand, purchased from an AD in Gracia street. Wanted to share that right now I found several benefits to buying Rolex there.

1- Historically the Euro has been higher than the dollar, therefore to start with the retail price of all watches are less. For example, my DJ is $9100 in the states, But in Spain it retailed at 8450 euro. With the euro to dollar ratio now being almost 1:1 I found this to be quite amusing.

2- Unlike my AD in Miami (Mayors), I was able to get a 13% discount off the retail.

3- As a US citizen, I am being reiumbursed 17.7% of tax (VAT). This tax was already built into the $8450 retail.


Overall, in dollars, I paid $6600.00 out the door. That's an effective 28% discount off US retail.
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Old 30 March 2017, 09:37 PM   #2
travisb
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Great looking watch at a great deal. Enjoy it!
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Old 30 March 2017, 10:01 PM   #3
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Love that math, congrats
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Old 30 March 2017, 10:13 PM   #4
Xerxes77
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Congrats!
This is the benefit to buy from EU!
VAT is big and if you can recover you buy at a big discount!!
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Old 30 March 2017, 10:18 PM   #5
Etschell
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wow great deal. mayors is ugh. people in miami will pay anything for anything.
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Old 30 March 2017, 10:19 PM   #6
jaySL350
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congrats,,
a beautiful watch,,fell in love with my dj2 [same spec as yours] at Schipol Airport...
When i landed at London City Airport 45mins later i had decided to flip my blnr for her and have never been happier,,,,shades of blue ,purple,black are beautiful imho,,,
my 16013 has zero wrist time since i got my dj2 just before xmas,,,,,,
great price for you also,,,,,jay
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Old 30 March 2017, 10:44 PM   #7
vladamir15
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Great deal! Congrats!
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Old 30 March 2017, 10:47 PM   #8
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Great deal on a great looking watch. Congrats
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Old 30 March 2017, 11:40 PM   #9
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Nice!

What did US customs clip you for when returning?
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Old 30 March 2017, 11:43 PM   #10
piratepress
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Wow, good bargain!
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Old 30 March 2017, 11:44 PM   #11
r8t3d_M
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Not a bad deal at all. Congratulations on the new acquisition!
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Old 31 March 2017, 12:02 AM   #12
brandon13
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Speed: US Custom? As far as they are concerned that watch left the USA on my wrist.
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Old 31 March 2017, 12:06 AM   #13
rebelceb
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Speed: US Custom? As far as they are concerned that watch left the USA on my wrist.
While I don't disagree with that personally, you are likely about to get ripped by the folks here who are "holier than thou"
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Old 31 March 2017, 12:09 AM   #14
watchwatcher
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Not to mention it's a great looking watch. Congrats!
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Old 31 March 2017, 12:10 AM   #15
zerocool
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While I don't disagree with that personally, you are likely about to get ripped by the folks here who are "holier than thou"
Agreed. Even though if you were to declare coming into Florida you'd pay our state tax which is only 7% so you'd still be saving a lot of cash.
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Old 31 March 2017, 12:17 AM   #16
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congrats
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Old 31 March 2017, 12:20 AM   #17
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While I don't disagree with that personally, you are likely about to get ripped by the folks here who are "holier than thou"
For the purposes of this question, let's leave "ethics" out of it. Hypothetically, if Customs just happened to stumble across the box & papers as your passed through and called you out on your failure to declare the purchase, what would be the penalty and/or cost?

Just trying to assess the true risk of your gamble.

Regardless, congrats on a gorgeous watch!
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Old 31 March 2017, 12:23 AM   #18
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For the purposes of this question, let's leave "ethics" out of it. Hypothetically, if Customs just happened to stumble across the box & papers as your passed through and called you out on your failure to declare the purchase, what would be the penalty and/or cost?

Just trying to assess the true risk of your gamble.

Regardless, congrats on a gorgeous watch!
His gamble paid off, however with the picture he posted customs now knows where he lives.
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Old 31 March 2017, 12:27 AM   #19
ragingcao
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Gorgeous piece and a great deal Congrats
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Old 31 March 2017, 12:51 AM   #20
Duke84
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Congrats! Sounds like you got a great deal.
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Old 31 March 2017, 01:06 AM   #21
justdate
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Quote:
Originally Posted by blue16613 View Post
For the purposes of this question, let's leave "ethics" out of it. Hypothetically, if Customs just happened to stumble across the box & papers as your passed through and called you out on your failure to declare the purchase, what would be the penalty and/or cost?

Just trying to assess the true risk of your gamble.

Regardless, congrats on a gorgeous watch!
In the UK it is around a £500 fine first time offender maximum, which is a risk worth taking if you are saving thousands and have a 99.999% chance of not being caught I would say.

Though I pretty much always buy my watches from uk suppliers anyway for benefits like 0% finance and warranty, it would be nice to get one over on the tax regime here in the U.K!
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Old 31 March 2017, 01:06 AM   #22
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Quote:
Originally Posted by blue16613 View Post
For the purposes of this question, let's leave "ethics" out of it. Hypothetically, if Customs just happened to stumble across the box & papers as your passed through and called you out on your failure to declare the purchase, what would be the penalty and/or cost?

Just trying to assess the true risk of your gamble.

Regardless, congrats on a gorgeous watch!
One issue is that if you have TSA Global Entry they can revoke it. Lots of stories out there of this happening.
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Old 31 March 2017, 02:11 AM   #23
jazznpool
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Smart purchase! Hope you enjoy the watch. Getting hosed at full MSRP + sales tax on that watch here in the USA doesn't make any sense.
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Old 31 March 2017, 03:11 AM   #24
tyler1980
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In the UK it is around a £500 fine first time offender maximum, which is a risk worth taking if you are saving thousands and have a 99.999% chance of not being caught I would say.

Though I pretty much always buy my watches from uk suppliers anyway for benefits like 0% finance and warranty, it would be nice to get one over on the tax regime here in the U.K!
You can avoid UK tax legally fairly easily. Excluding rolex/tudor you can buy at the airport and still get "airport pricing" close to 20% off withOUT leaving the EU so there is nothing to declare and no customs issues as you never left the customs union. Harrods for instance will even transfer any watch from their main store to the airport so you can just pick it up, fly 30 minutes to brussels and fly back 30 minutes later. easy.
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Old 31 March 2017, 03:33 AM   #25
Cabaiguan
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Gotta love currency and tax advantages.
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Old 31 March 2017, 03:35 AM   #26
cda555
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Isn't the custom's fee fairly small?
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Old 31 March 2017, 04:04 AM   #27
justdate
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You can avoid UK tax legally fairly easily. Excluding rolex/tudor you can buy at the airport and still get "airport pricing" close to 20% off withOUT leaving the EU so there is nothing to declare and no customs issues as you never left the customs union. Harrods for instance will even transfer any watch from their main store to the airport so you can just pick it up, fly 30 minutes to brussels and fly back 30 minutes later. easy.
Nice! Good tip, thanks.
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Old 31 March 2017, 04:56 AM   #28
brandon13
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US customs charge a tariff (I think it is 6%) of anything purchased abroad that is more than $800. However, many people wear high end watches when traveling and unless you are dressed like a bum...you should not cause much suspicion. Even if they find the box I can always say I like to bring it on my trip. For the record the warranty card and receipt I keep in my wallet. Not on the box.
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Old 31 March 2017, 05:07 AM   #29
Strummer25
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Lovely piece my next purchase just got to flip the Breitling Navi and Omega PO
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Old 31 March 2017, 05:16 AM   #30
And1dre
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Very nice! Congrats
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