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20 February 2008, 12:41 AM | #1 |
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Price increase confirmed.
Just phoned my AD.
Prices WILL rise as of March 1st. 5 %.
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20 February 2008, 12:44 AM | #2 |
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My AD told me yesterday that the price increase was going to decrease margin, as well.
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20 February 2008, 01:56 AM | #3 |
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So the price increase to the AD is not being 100% passed onto the customer? Also, mark-up and margin are two different animals and I just want to make sure your AD said "decrease margin". Interesting! Thanks for the informaton. Too bad about the price increase.
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20 February 2008, 06:06 AM | #4 | |
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Quote:
Rolex might very well look at this way that is precious metal may go down when it touches the ceiling, within a year or after the U.S. election, which depends on oil level also. However, with the population growing, and price of oil will fall, it still in high demand. I am calling the oil will be bottom by $50 is the most. And gold still in its high at $800. For the time being, if oil is up and over $105, gold will go a lot higher....and my cut off would be $1800/ounce. oil is tested $100 again today. |
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20 February 2008, 06:10 AM | #5 |
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My AD said the same, March 1st, and he stated that it would be a significant increase, especially on gold models. I could handle 5% but 10% is to much of a jump. It's happening boy's and girls, if you have your eyes on another model, get it now or pay more later.
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20 February 2008, 06:18 AM | #6 |
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apparently tag heuer saw a 20% increase. Like you, I hope it's just a 5% jump for SS.
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20 February 2008, 01:40 AM | #7 |
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So let's wait and see.
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20 February 2008, 01:51 AM | #8 |
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20 February 2008, 01:53 AM | #9 |
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Is it 5% on ALL models? Or just stainless?
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20 February 2008, 05:57 AM | #10 |
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Well, he just stated "5 %", Karis.
Probably, the TT and precious metal Rolex watches will get a higher increase. Yup! You got it just in time, Jon! Well, it the SD's only gonna rise 5 %, I can live with that, but I don't want any AD with the CRB! I wouldn't know, Nick. I can but state what price increase Danish customers will see.
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20 February 2008, 02:11 AM | #11 |
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^ Actually, I think she did say mark-up. However, it was put in the context of the next price increase will reduce how much the AD makes on a prticualr watch, so they may not be able to offer me the same deals as before and stick more to the MSRP.
However, everytime I go to any AD they tell me I should buy before the next price increase, so I pay little attention ;) |
20 February 2008, 02:17 AM | #12 | |
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Quote:
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20 February 2008, 02:20 AM | #13 |
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What they said about the lower margin reeks of BS. It simply means they intend to sell their Rolex's at msrp, no if's and's or but's...
Let's see how this goes down as we slide further into recession... Larry. |
20 February 2008, 02:59 AM | #14 |
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So that means my SD will cost Ł3076. Good news for me
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20 February 2008, 03:08 AM | #15 |
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Come to think of it, I don't ever recall going into an AD when the "around the corner" price increase wasn't mentioned. I did make a visit this past October and was told the usually increase did not come because of the so called "mortgage crisis" here in the States. I thought "Wow! Rolex has a soft spot for us"
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20 February 2008, 03:56 AM | #16 |
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Now that it was mentioned, every time I have visited an AD "price increase coming" was always brought up.
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20 February 2008, 04:01 AM | #17 | |
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Quote:
I believe they loose a significant amount of sales after each increase!
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20 February 2008, 04:21 AM | #18 |
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Several ADs in the US have said it will be 10% here, and in that same week you mentioned. Makes sense, given the weakness of the dollar.
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20 February 2008, 04:48 AM | #19 |
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It's been a week since I've spoken to any of the 3 ADs I typically speak with, but last week they said that they wouldn't know what the increase looked like until they got the price list. All 3 did confirm March 1st, however.
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20 February 2008, 05:53 AM | #20 | |
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Seriously, I'll do the same thing I'm doing with the LV... Buy it and have 30 days to return it... So if the price goes up 10%, I keep it and got a good deal, if not, I return it and buy it later. I've had my eye on a SS DJ ;) However, the SS DJ would only go up $400-$500, so I'm not sure that would make me want to impulse buy it now. Well see... |
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20 February 2008, 04:47 AM | #21 |
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Bo, your posts usually make me feel good. This one makes me feel bad.
Don't know if it's going to be the same anymore. |
20 February 2008, 05:48 AM | #22 |
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Italy: confirmed...+4,5%...
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20 February 2008, 05:52 AM | #23 |
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Well there we have it, an increase.
So as I have said before buy it now and do not wait.
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20 February 2008, 05:57 AM | #24 |
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20 February 2008, 05:59 AM | #25 |
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Bo is correct. March 1st. My AD said they will get the price list Feb 29th and have the new price tags on by the morning of March 1st.
Buy them while you can boys!! |
20 February 2008, 07:20 AM | #26 |
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It was confirmed weeks ago in the USA, the AD's do not know how much as of yet.
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20 February 2008, 07:35 AM | #27 |
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5% isn't good news, but we all knew it was due to happen at any time. I was expecting a bigger hike, so this isn't too painful.
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20 February 2008, 07:37 AM | #28 |
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Thank you Rolex.
Now my collection rise again. I will buy you a cake to Basel. Jocke the guy that hate the stock market.
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This message is written in perfect swenglish. What is best a custom Rolex or a Rolex that is stuck in custom? Buy a professional camera and you´re a professional photographer, buy a flute and you own a flute. |
20 February 2008, 02:47 PM | #29 |
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My AD confirmed new prices coming Feb. 29th, tags changed as of March 1st. Reports an increase of 8-10% across the board.
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20 February 2008, 02:55 PM | #30 |
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I thought we werent going to do anymore of these threads.....that last for about 2 days...LOL.
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