ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

theomegaaddict · 6 August 2018, 10:14 PM

Is it normal for ADs to increase prices like crazy within 12 months?

Are ADs allowed to charge above SRP?

This is what has happened in the UAE lately!

Let me give you the numbers

Aug 2017 - $8147 (10% discount given on SRP)

Jan 2018 - $9482 (no more discount + new 5% vat) - so not really a price hike

Aug 2018 - $10408 (including vat)

Let me know your thoughts!

Sent from my LG-H870DS using Tapatalk

Avilanche · 6 August 2018, 10:15 PM

Which AD is it? Is it dubai based?

ashokleyland · 6 August 2018, 10:18 PM

is it MOHAMMED RASOOL KHOORY & SONS AD?

al1786 · 7 August 2018, 10:45 PM

Quote:

Originally Posted by ashokleyland

is it MOHAMMED RASOOL KHOORY & SONS AD?

This AD is in Abu Dahbi

Sent from my iPhone using Tapatalk

theomegaaddict · 6 August 2018, 10:19 PM

First 2 were Dubai and Abu Dhabi prices.

Last price is ABU Dhabi - im unsire what dubai current price is

Sent from my LG-H870DS using Tapatalk

beshannon · 6 August 2018, 10:25 PM

My thoughts are, if you want the watch at that price then buy it.

If you do not want to pay that price then don't.

DiamondAD · 7 August 2018, 01:13 AM

Quote:

Originally Posted by beshannon

My thoughts are, if you want the watch at that price then buy it.

If you do not want to pay that price then don't.

Exactly...buy or fly.

thomaspp · 6 August 2018, 10:28 PM

I love it! Lol

Sent from my iPhone using Tapatalk

Vipes · 6 August 2018, 10:50 PM

Seems to be a common practice for ADs outside of the U.S.

lenfried29 · 7 August 2018, 12:50 AM

Quote:

Originally Posted by Vipes

Seems to be a common practice for ADs outside of the U.S.

I recently went on holiday trip to Europe. When walking around central Turin, Italy I saw small Rolex AD boutique. Right in the window display there was Daytona black dial with ceramic bezel. I enter the store and ask if the watch is for sale. The guy respond - of course and handed watch to me. I was reaching for my credit card to pay. When I asked of the price he said $17.5K. I mentioned MSRP on the Rolex site. He explain that in Italy ADs marked 4-6k above that. So it maybe that in US it's not allowed to charge above MSRP and allowed in some other countries.

BTW, when I start walking toward the exit, he offered $16.5k for the watch.
It would be interesting it OP contacted Rolex directly and do inquiry regarding price charged by AD in Dubai.

Andad · 6 August 2018, 10:54 PM

Rolex should step up and either declare open season or cement the RRP.

Allowing AD's and a Greys to FIX the price point will finish them.

I have >120 watches and Rolex represents about 10%.

There are plenty of other brands as Rolex will find out especially in my case.

superstarmar · 6 August 2018, 11:01 PM

I say pass and focus your passion and energy on another
piece/reference...

If enough people stop feeding the frenzy it will stop !
Decreasing demand/curbing ones appetite for such
nonsense despite the marketing ploys of Rolex will
eventually do them in.

lenfried29 · 6 August 2018, 11:09 PM

ADs are prohibited to sell above MSRP price. It's not legal by Rolex. You can report this AD to Rolex. You may get the watch and pay MSRP price if not less. The last you can do is to let this go. We need to teach bad ADs a lesson.

theomegaaddict · 6 August 2018, 11:12 PM

Well how can i know what rolex official msrp is?

Quote:

Originally Posted by lenfried29

ADs are prohibited to sell above MSRP price. It's not legal by Rolex. You can report this AD to Rolex. You may get the watch and pay MSRP price if not less. The last you can do is to let this go. We need to teach bad ADs a lesson.

Sent from my LG-H870DS using Tapatalk

Nandor · 6 August 2018, 11:27 PM

Quote:

Originally Posted by theomegaaddict

Well how can i know what rolex official msrp is?

Sent from my LG-H870DS using Tapatalk

http://www.rolex.com

theomegaaddict · 6 August 2018, 11:29 PM

Quote:

Originally Posted by Nandor

http://www.rolex.com

Yea that doesn't actually show msrp for me

Sent from my LG-H870DS using Tapatalk

lenfried29 · 6 August 2018, 11:43 PM

Quote:

Originally Posted by theomegaaddict

Yea that doesn't actually show msrp for me

Sent from my LG-H870DS using Tapatalk

I purchased from local AD and paid MSRP of $8950 USD a couple of weeks ago.
No AD should charge more then that(except Tax or VAT whatever is applicable to your country).

onemany · 6 August 2018, 11:37 PM

Quote:

Originally Posted by theomegaaddict

Well how can i know what rolex official msrp is?

Sent from my LG-H870DS using Tapatalk

The BLNR MSRP is right on the website.

theomegaaddict · 6 August 2018, 11:38 PM

Unless im missing something i cannot see it on the website from uae

Quote:

Originally Posted by onemany

The BLNR MSRP is right on the website.

Sent from my LG-H870DS using Tapatalk

Jason71 · 7 August 2018, 12:04 AM

Quote:

Originally Posted by onemany

The BLNR MSRP is right on the website.

The price appears on Rolex.com for people located within the USA and other countries, but it does not appear on the WWW for everyone in all countries. Pricing is not standardized worldwide.

onemany · 7 August 2018, 01:33 AM

Quote:

Originally Posted by Jason71

The price appears on Rolex.com for people located within the USA and other countries, but it does not appear on the WWW for everyone in all countries. Pricing is not standardized worldwide.

Thank you, I did not know that.

beshannon · 6 August 2018, 11:39 PM

Quote:

Originally Posted by lenfried29

ADs are prohibited to sell above MSRP price. It's not legal by Rolex. You can report this AD to Rolex. You may get the watch and pay MSRP price if not less. The last you can do is to let this go. We need to teach bad ADs a lesson.

By whom?

Please cite your source?

lenfried29 · 6 August 2018, 11:53 PM

Quote:

Originally Posted by beshannon

By whom?

Please cite your source?

This: http://www.iheartwatches.com/Rolex_Mark-Ups_Gone.html

Also you may search on the internet. Lot of info about it. The best source is to call AD directly, which I did and was confirmed.

SMD · 6 August 2018, 11:58 PM

Quote:

Originally Posted by lenfried29

This: http://www.iheartwatches.com/Rolex_Mark-Ups_Gone.html

Also you may search on the internet. Lot of info about it. The best source is to call AD directly, which I did and was confirmed.

Did you actually read what you linked to?

mjclark32 · 7 August 2018, 12:06 AM

Quote:

Originally Posted by beshannon

By whom?

Please cite your source?

Quote:

Originally Posted by Lemonvr6

Anybody know what MSRP stands for?

Quote:

Originally Posted by SMD

Did you actually read what you linked to?

Have any of you ever been quoted above MSRP in the US (BNIB from AD)? I haven't been... Haven't read any threads of it occurring in the US either

beshannon · 7 August 2018, 12:04 AM

Quote:

Originally Posted by lenfried29

This: http://www.iheartwatches.com/Rolex_Mark-Ups_Gone.html

Also you may search on the internet. Lot of info about it. The best source is to call AD directly, which I did and was confirmed.

Whatever that is, there is still no source, just an opinion.

Please cite a legal source where something cannot be sold over the "Manufacturers Suggested Retail Price"

onemany · 7 August 2018, 12:53 AM

Quote:

Originally Posted by beshannon

Whatever that is, there is still no source, just an opinion.

Please cite a legal source where something cannot be sold over the "Manufacturers Suggested Retail Price"

Call your local Rolex AD and ask them if they are allowed to sell over MSRP. They are contractually bound to sell at MSRP. That means they can't sell over or under. What they actually do is another thing but if they are caught they are in breach of contract.

jrs146 · 7 August 2018, 01:10 AM

Quote:

Originally Posted by beshannon

Whatever that is, there is still no source, just an opinion.

Please cite a legal source where something cannot be sold over the "Manufacturers Suggested Retail Price"

Several US based AD’s have told me that their licensing agreement with Rolex prohibits them from selling over MSRP. Obviously they can under, but not above.

I believe the licensing agreements are different outside of the US.

Sent from my iPhone using Tapatalk

redsubby · 7 August 2018, 12:46 AM

Quote:

Originally Posted by lenfried29

ADs are prohibited to sell above MSRP price. It's not legal by Rolex. You can report this AD to Rolex. You may get the watch and pay MSRP price if not less. The last you can do is to let this go. We need to teach bad ADs a lesson.

Not sure about the US but it's completely normal in Asia.

Lemonvr6 · 6 August 2018, 11:56 PM

Anybody know what MSRP stands for?

6 August 2018, 10:14 PM	#1
theomegaaddict "TRF" Member Join Date: Apr 2015 Location: Dubai Posts: 98	Skyrocketing AD price for BLNR Is it normal for ADs to increase prices like crazy within 12 months? Are ADs allowed to charge above SRP? This is what has happened in the UAE lately! Let me give you the numbers Aug 2017 - $8147 (10% discount given on SRP) Jan 2018 - $9482 (no more discount + new 5% vat) - so not really a price hike Aug 2018 - $10408 (including vat) Let me know your thoughts! Sent from my LG-H870DS using Tapatalk

6 August 2018, 10:15 PM	#2
Avilanche "TRF" Member Join Date: Dec 2012 Location: Wristland Watch: Submariner Hulk Posts: 107	Which AD is it? Is it dubai based? __________________ It’s about time!!! Bluesy HULK MILGAUSS BLUE Z BLNR

6 August 2018, 10:18 PM	#3
ashokleyland "TRF" Member Join Date: Dec 2017 Real Name: Juan Dela Cruz Location: Quebec Watch: 114060,PAM,DJ Posts: 434	is it MOHAMMED RASOOL KHOORY & SONS AD? __________________

6 August 2018, 10:25 PM	#6
beshannon "TRF" Member Join Date: Jun 2009 Real Name: Brian Location: Northern Virginia Watch: One of Not Many Posts: 17,892	My thoughts are, if you want the watch at that price then buy it. If you do not want to pay that price then don't. __________________ IWC Portugieser 7 Day, Omega Seamaster SMP300m, Vacheron Constantin Traditionnelle Complete Calendar, Glashutte PanoInverse, Glashutte SeaQ Panorama Date, Omega Aqua Terra 150, Omega CK 859, Omega Speedmaster 3861 Moonwatch, Breitling Superocean Steelfish, JLC Atmos Transparent Clock

6 August 2018, 10:28 PM	#8
thomaspp "TRF" Member Join Date: Dec 2010 Location: N/A Posts: 11,137	I love it! Lol Sent from my iPhone using Tapatalk __________________ Instagram: @watches_anonymous

6 August 2018, 10:19 PM	#5
theomegaaddict "TRF" Member Join Date: Apr 2015 Location: Dubai Posts: 98	First 2 were Dubai and Abu Dhabi prices. Last price is ABU Dhabi - im unsire what dubai current price is Sent from my LG-H870DS using Tapatalk

6 August 2018, 10:50 PM	#9
Vipes "TRF" Member Join Date: Jun 2011 Location: Texas Posts: 4,913	Seems to be a common practice for ADs outside of the U.S.

6 August 2018, 10:54 PM	#11
Andad 2024 SubLV41 Pledge Member Join Date: Nov 2006 Real Name: Eddie Location: Australia Watch: A few. Posts: 37,526	Rolex should step up and either declare open season or cement the RRP. Allowing AD's and a Greys to FIX the price point will finish them. I have >120 watches and Rolex represents about 10%. There are plenty of other brands as Rolex will find out especially in my case. __________________ E

6 August 2018, 11:01 PM	#12
superstarmar Banned Join Date: Jun 2015 Location: In Motion Watch: my wrist presence Posts: 7,436	I say pass and focus your passion and energy on another piece/reference... If enough people stop feeding the frenzy it will stop ! Decreasing demand/curbing ones appetite for such nonsense despite the marketing ploys of Rolex will eventually do them in.

6 August 2018, 11:09 PM	#13
lenfried29 Banned Join Date: Jun 2018 Location: Far Far Away Watch: tick-tock Posts: 1,206	ADs are prohibited to sell above MSRP price. It's not legal by Rolex. You can report this AD to Rolex. You may get the watch and pay MSRP price if not less. The last you can do is to let this go. We need to teach bad ADs a lesson.

6 August 2018, 11:56 PM	#30
Lemonvr6 "TRF" Member Join Date: Aug 2016 Location: Oakland, CA Posts: 463	Anybody know what MSRP stands for? __________________ 116710BLNR, 116610LV, 114060, 116710LN

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)