AP price drop!?!?

[ticketmaster123]

Originally Posted by SubKing

also to add to your last comment, I won't break even.

even if I calculated at your numbers, of 10% off the new price, I'm still out over 5k. so even at that number it's still doesn't sit right with me.

Not if you got 28% off the old list price.

17% off the old price then a 10% discount still costs more than 28% off the old price.

You would need a 13% discount off the new prices to break even.

[tifosi]

I'm not used to having to do so much math on this forum. My head hurts...

[mb23]

Mine to. All I know is this sucks.

[R_Ongjoco]

Originally Posted by tifosi

I'm not used to having to do so much math on this forum. My head hurts...

calculator on my phone has gotten its workout for today.

[ticketmaster123]

Trust my numbers. I'm a maths whizz kid!

[SubKing]

Originally Posted by ticketmaster123

Not if you got 28% off the old list price.

17% off the old price then a 10% discount still costs more than 28% off the old price.

You would need a 13% discount off the new prices to break even.

you're basing your numbers on as if I would only now get 10% off on the new retail? makes no sense.

not happening. I could secure additional 18% off.. remember if this new information is true about AD's margins being 10% higher, and I received 28% off before,

28% - 10% is still 18% off.. no reason for my AD not to give me that 18% on the current reduced price if we off set their 10% more they pay. BASED on your numbers now, I'm still out $2473 at only 18% off new retail price, compared to what i paid now on the old retail price. ya fallow?

you never accounted for my current discount of 28% less 10% to compensate for the dealers new margin. as long as the dealer has his margin covered, why would he then only give me 10% off. not happening if you base this off of the original figures. math wizz huh? THIS THREAD IS HOT HOT HOT YEOOOOOO DON'T FORGET WHO BROUGHT IT TO YA FIRST HERE FOLKS, HERE ALL WEEK. TADA!

[FremStar]

Originally Posted by SubKing

I know everyone else feels good, but I feel sick.. here i thought a price increase was right around the corner.. i'm so upset i cannot even look at my watch right now. i put it back in the box with all seals intact.





i guess time will tell. Let's see how my AD plans to handle this. i hope with tact. BTW with the amount of money i'm currently out, that's a brand new SS rolex submariner right there.

CONFIRMED! Price drop on some of the GOLD models! I cannot list all models online... Yep still have everything intact on my RG44 as well! I am sure you purchased correctly so no worries there!

[tifosi]

Originally Posted by FremStar

CONFIRMED! Price drop on some of the GOLD models!

Any chance the RG44 is not affected?

[mb23]

Originally Posted by tifosi

Any chance the RF44 is not affected?

I heard pretty much all gold, aside from LE pieces.

[SubKing]

I am the king, but my friends call me Sub.

[FremStar]

Originally Posted by mb23

I heard pretty much all gold, aside from LE pieces.

Correct!

[Rolex Freak]

All I can say is...WOW.

[kilyung]

Originally Posted by DoxaDavid

You got some fantastic cats because of your car? Damn, you Brits are a different lot!

It wasn't that hairless species was it? They scare me.

[DoxaDavid]

Originally Posted by kilyung

It wasn't that hairless species was it? They scare me.

Really, me too! I thought I was he only one.

Ahh, doc... How about a little cat nip and some milk before you stick that in me bum first!

Meowwwwww!

[cdnyc]

Originally Posted by kilyung

So a 17% retail price reduction but a 10% wholesale cost increase? Ouch. We're getting squeezed out of discounts.

Bennahmias in action?

[kilyung]

Originally Posted by cdnyc81

Bennahmias in action?

If so, I'm liking François' direction already!

[mb23]

Originally Posted by kilyung

If so, I'm liking François' direction already!

I would say yes. I think short term it may be a little rough dealing with all the complaints of people losing a bit. But long term it's great for the stability of the brand. I am somewhat bitter that our watches just depriciated 20-30% but it is what it is. Win some lose some.

[travisb]

Wow....I'm late to the party.
AP craziness

[texex91]

Incredible. Glad I unloaded my 44mm RG. Just incredible that they would do this. Economy is not as great on a global basis. That is a huge drop. I would not be a happy camper.

PS my AP dealer just told me AP is closing/canceling contracts with 250 AD's worldwide. WOW!!

[kilyung]

Originally Posted by texex91

PS my AP dealer just told me AP is closing/canceling contracts with 250 AD's worldwide. WOW!!

I think they've been working on this since last year.

[Hanz079]

Regarding the price drop, I'd be pissed too if I have just bought one and paid the price BEFORE the price drop.
Irregardless of wether it's for investment or enjoyment, paying more just feels wrong.
But in life, sometimes timing is everything.
Lets just hope the enjoyment of that piece over a long period of time will return whatever extra that you paid for it.

[texex91]

Originally Posted by kilyung

I think they've been working on this since last year.

Guess I'm late. Sounds like what all other major brands are doing. Was just a matter of time

[cdnyc]

think this will happen with steel watches too? my hope is that if it did it would be much less dramatic, since steel watch aren't as wildly discounted as are gold watches.

[emagni]

Originally Posted by SubKing

you're basing your numbers on as if I would only now get 10% off on the new retail? makes no sense.

not happening. I could secure additional 18% off.. remember if this new information is true about AD's margins being 10% higher, and I received 28% off before,

28% - 10% is still 18% off.. no reason for my AD not to give me that 18% on the current reduced price if we off set their 10% more they pay. BASED on your numbers now, I'm still out $2473 at only 18% off new retail price, compared to what i paid now on the old retail price. ya fallow?

you never accounted for my current discount of 28% less 10% to compensate for the dealers new margin. as long as the dealer has his margin covered, why would he then only give me 10% off. not happening if you base this off of the original figures. math wizz huh? THIS THREAD IS HOT HOT HOT YEOOOOOO DON'T FORGET WHO BROUGHT IT TO YA FIRST HERE FOLKS, HERE ALL WEEK. TADA!

No matter how you cut it, it hurts. I have the RG 44mm as well but it is what it is. I still love my watch. Part of this game we play....win some lose some.

Not to cross your toes SubKing but I work out the math on my side. If the price was reduced on the RG 44mm (msrp $61,200) by 17% and the price for the AD went up a straight 10% giving them a wholesale cost of 30% off of msrp than your opportunity lost is $1395.36 and that is factoring that the AD still makes 20% profit like the last time when they gave you 28% off. You lost 3% b/c of this change. I'm bored...I know.

[simongpaez]

Originally Posted by cdnyc81

think this will happen with steel watches too? my hope is that if it did it would be much less dramatic, since steel watch aren't as wildly discounted as are gold watches.

I just hope it dosen't happen with steel, same reason as the original post.

[cdnyc]

you guys think a steel price reduction would have been announced now too if it were going to happen? do they ever do these increases/decreases at different times for different models?

[S``]

Originally Posted by cdnyc81

you guys think a steel price reduction would have been announced now too if it were going to happen? do they ever do these increases/decreases at different times for different models?

If this happens.... 15202 is mine

[kilyung]

Complete conjecture on my part but I'd assume they would be more corrections for precious metal than steel. Their higher prices mean that they also see a higher rate increase assuming across the board flat rate increases. So a 5% increase on a $20k steel watch is only $1k vs a 5% increase on a $60k gold watch is $3k. The higher priced watches would quickly outpace their steel brethren. So in order to avoid a price gap, wouldn't you need periodic corrections downward (gold) or upward (steel)?

[SubKing]

Originally Posted by emagni

No matter how you cut it, it hurts. I have the RG 44mm as well but it is what it is. I still love my watch. Part of this game we play....win some lose some.

Not to cross your toes SubKing but I work out the math on my side. If the price was reduced on the RG 44mm (msrp $61,200) by 17% and the price for the AD went up a straight 10% giving them a wholesale cost of 30% off of msrp than your opportunity lost is $1395.36 and that is factoring that the AD still makes 20% profit like the last time when they gave you 28% off. You lost 3% b/c of this change. I'm bored...I know.

pretty sure the AD last i spoke with the owner, 48% less the MSRP is what they get, so i was doing the math at 38%

[SubKing]

Originally Posted by kilyung

Complete conjecture on my part but I'd assume they would be more corrections for precious metal than steel. Their higher prices mean that they also see a higher rate increase assuming across the board flat rate increases. So a 5% increase on a $20k steel watch is only $1k vs a 5% increase on a $60k gold watch is $3k. The higher priced watches would quickly outpace their steel brethren. So in order to avoid a price gap, wouldn't you need periodic corrections downward (gold) or upward (steel)?

Imo when the steel Roos are 28k+ their not that far behind the gold standard gold price on a Roo RC RG is 55k so it seems about right at APs price points