Novice buyer needs help

[astonhall]

Hi

I want to buy a Rolex for my daughter but can't find an official price list on the web for the USA. The AD seems reluctant to let me see a price list.

They tell me the prices are increasing circa 9% very soon but not certain when and I should buy ASAP.

Should I be able to get any discount on a watch costing $15,000.

Many thanks in anticipation

astonhall

[cajunron]

Originally Posted by astonhall

Hi

I want to buy a Rolex for my daughter but can't find an official price list on the web for the USA. The AD seems reluctant to let me see a price list.

They tell me the prices are increasing circa 9% very soon but not certain when and I should buy ASAP.

Should I be able to get any discount on a watch costing $15,000.

Many thanks in anticipation

astonhall

There are three things in life you can be sure of: Death, taxes, and Rolex price increases! If you are rushing to buy before the next increase, you will always be rushing. Take your time, educate yourself, and you will get ALL of the info you want and need RIGHT HERE. Then buy from one of our trusted sellers. You won't go wrong.

[chicfarmer1]

There's no reason for an AD not to provide you with the price list upon your request. MSRP isn't a closely held secret. Try a different AD.

And it's true that prices will only go up, so there's no downside to buying in the near future vs. later if you're buying new.

[Welshwatchman]

What I do is pop to watchfinder's website and find the exact model.

They show the current UK MRSP.

If it's a £15k ladies watch then I'm guessing all-gold.

Expect a 25% discount from an AD or 50% discount preowned since the residuals on the ladyjusts are not so good.

[azguy]

You're in the drivers seat buying a watch like that, a nice discount should be had and insisted upon..........Take your time, the price increase nonsense is a used car type sales tool that is insulting IMO....

[Zirotti]

Hmm. I thought I had posted the price list here already in the thread.

[GradyPhilpott]

No one can tell you if there will be a MSRP increase. Recently, there was a wholesale price increase, so that may may mean no MSRP increase this Spring, but no one knows for sure.

Here's a May 2011 price list that is the current official price list.

The general rule of thumb is buy now. It's just a gamble to try and wait to the last minute before the ever looming price increase that may or may not occur.

http://minus4plus6.com/rolex-pricelists.htm

[astonhall]

Thanks to all and especially for the price list.
The AD I am trying to deal with says no dealer will give any discount on a new watch as if they are found out they lose the brand. I know I got 10% discount on a Cellini a couple of years ago but they said that has now stopped and no AD will give a discount at all even in today's market.
Is that true?

astonhall

[Monte Cristo]

My local AD gives me a 10% discount on anything i enquire about without even asking as I have bought 2 watches from them previously. They were offering me 25% off a DJ platinum which is stock they had for a while and wanted to move.
Guess it depends on the watch (unless a Daytona SS) and the relationship you have. This is what I have experienced so far.

[MoBe]

Originally Posted by astonhall

Thanks to all and especially for the price list.
The AD I am trying to deal with says no dealer will give any discount on a new watch as if they are found out they lose the brand. I know I got 10% discount on a Cellini a couple of years ago but they said that has now stopped and no AD will give a discount at all even in today's market.
Is that true?

astonhall

Tell them to pull the other one!

[treeinthecity]

It depends on the AD and your relationship. I have been in multiple ADs that would not budge on price but my local AD will give me 10%.

[astonhall]

Thanks to all for your help.
My AD refuses to give me a price list but thanks to the forum I have that information. There is only one AD in my city so I suppose they feel they have control unless I want to travel further afield. I want to build a relationship locally so I might have more luck on my next purchase.

astonhall

[gimpex]

What the OP says about discounts is true in the UK - officially.

You still get discounts but they are padded/not so obvious. On gold 15 -20% should be reasonable. I heard from a seller on another forum that Rolex has been known to compare credit card transactions to sales receipts.

Personally I am not sure where this stands legally , at least in Europe. As far as I know , one company cannot dictate the level of discounting/selling price of their goods. Effectively it is price fixing. But I would assume they have this angle covered somehow.

Maybe they do not word it as price fixing , but if you do it , it may become difficult RO Renee your contract next time around. Don't know but curious.

[scocope]

MSRP is short for Manufacturer's SUGGESTED retail price