Buy Rolex in Canada instead of Asia/USA

[mmbiker]

Here is why I bought my Rolex in Canada instead of from Hong Kong or USA. Let me know if my thinking is right or not:

-I live in Canada but goes to Hong Kong and USA often. No particular advantage buying from Canada over USA or Hong Kong. I do not need to pay custom if buy from Canada, but again, I won't count this as the reason to buy in Canada.
-CAD is very very low compare to USD or HKD.
-I didn't see Rolex increases the Canadian retail price due to the low dollar. At least not to my knowledge. This is a advantage buying in Canada.
-I have funds in CAD and USD.

Am I right on the above?

I was looking at used 114060 pricing in Hong Kong, I might even be making a small profit if I sell my 114060 in Hong Kong.

Your thought?

[japenney]

Yes, if you can find a watch in Canada for sale. Low stock at the moment.

[WatchWatchers]

Originally Posted by japenney

Yes, if you can find a watch in Canada for sale. Low stock at the moment.

My AD typically has 1 of everything. Most often 2 of more popular sport models. I don't see the scarcity.

[japenney]

Originally Posted by WatchWatchers

My AD typically has 1 of everything. Most often 2 of more popular sport models. I don't see the scarcity.

Then I will say the best place to get a rolex is where you can secure the best discount. Mrsp only means so much. There are other ways to get a good deal.

[WatchWatchers]

Originally Posted by japenney

Then I will say the best place to get a rolex is where you can secure the best discount. Mrsp only means so much. There are other ways to get a good deal.

My AD gives average of 20% on stainless. I am not a big customer either. Bought 1 explorer and enquirer about a 2 tone sub.

[japenney]

Originally Posted by WatchWatchers

My AD gives average of 20% on stainless. I am not a bi my customer either. Bought 1 explorer and enquirer about a 2 tone sub.

Well done :).

Sent by my pet Gekko

[Maiden]

Yup, if you are living in Canada our low dollar makes it sensible to buy here. I haven't seen the scarcity either but I am in the GTA (greater Toronto area) Discounts still are there, my AD offered me 23% off a brand new 116233. David SW is about $400 US$ more.

[mmbiker]

Wow, 20%+ discount... And I thought I got a deal with my AD... Oh well... is my first Rolex with my AD...

I will be sure to ask for deeper discount next time!

[Eva123]

I had really to put some negotiations in order to get 15% discount in Rome AD on TT model. However, I additionally claimed 22% when left country. My total saving was 30% from selling price. When I looked at selling forums even used watches are selling for higher price that I paid for brand new from AD :)

[hijueputa]

Originally Posted by Eva123

I had really to put some negotiations in order to get 15% discount in Rome AD on TT model. However, I additionally claimed 22% when left country. My total saving was 30% from selling price. When I looked at selling forums even used watches are selling for higher price that I paid for brand new from AD :)

I had a similar experience in Japan. Nothing wrong with negotiating hard so long as your are reasonable.

The negotiation is part of the fun when purchasing a new piece.

[ernie2]

What about the 15% sales tax ? You AD will eat that too ?

[japenney]

Originally Posted by ernie2

What about the 15% sales tax ? You AD will eat that too ?

if you live somewhere like Alberta its only 5% sales tax.

[antoflo]

I also buy in Canada because of good rebate (20% and even more), large choice, low CAD and only 5% sales tax.

[whirlwynds]

If you buy in ON sometimes you can ship to friend or relative in AB and save the 8% Tax.

[brinboston]

Originally Posted by WatchWatchers

My AD gives average of 20% on stainless. I am not a big customer either. Bought 1 explorer and enquirer about a 2 tone sub.

OP, when you say 20% off MSRP... is the 15% tax added back afterwards? or is it 20% MSRP out the door? if the latter could you PM me the name of your AD by any chance? Thanks!

[GB-man]

Originally Posted by brinboston

OP, when you say 20% off MSRP... is the 15% tax added back afterwards? or is it 20% MSRP out the door? if the latter could you PM me the name of your AD by any chance? Thanks!

Typically tax is added after the discount at 13% for ontario. 20% + them eating the 13% tax in SS pieces is not going to happen lol

[brinboston]

that's what i figured! Thank you