Price increases. I have a crystal ball.

[Eric-London]

Just kidding I don't have a crystal ball but it's fairly easy to tell when price increases are imminent.

Allocations get tighter. It's that simple.

Imagine how much stock large AD groups are sitting on?

Why would the big AD groups release several hundred pieces now when they could wait a few weeks and hit up their customers for an extra 5-10% on the professional models and a little less on Datejusts etc?

[SLWoodster]

Cannot believe everything you hear from AD or reps. But I was told that Rolex monitors the number of days between delivery and warranty registration. Not sure if there’s a policy to sell within x number of days.

[Eric-London]

Originally Posted by SLWoodster

Cannot believe everything you hear from AD or reps. But I was told that Rolex monitors the number of days between delivery and warranty registration. Not sure if there’s a policy to sell within x number of days.

I actually don't think there is. I have a good friend who is a sales manager at a major AD and he keeps a track of the stock levels. Stainless steel Daytona's can sit for many months as they are probably the biggest fishing hook available to them and will only go to those with decent spend history.

[Calatrava r]

Originally Posted by SLWoodster

Cannot believe everything you hear from AD or reps. But I was told that Rolex monitors the number of days between delivery and warranty registration. Not sure if there’s a policy to sell within x number of days.

I have heard this also. ADs who hoard hard to get pieces in the safe, could have an issue with Rolex. The new Exhibition policy changes a lot of this as ADs have to hold a certain number in stock now.

[RTG]

Most AD’s are more concerned with selling inventory before year end. The tax liability is worse than any upside a potential price increase may provide.

Perhaps trade in your crystal ball towards a magic 8 ball.

[Eric-London]

Originally Posted by RTG

Most AD’s are more concerned with selling inventory before year end. The tax liability is worse than any upside a potential price increase may provide.

Perhaps trade in your crystal ball towards a magic 8 ball.

In the US, however the tax year in the UK is April to April. Maybe trade in your magic 8 ball for a globe of the world :)

[Rollieo]

Originally Posted by RTG

Most AD’s are more concerned with selling inventory before year end. The tax liability is worse than any upside a potential price increase may provide.

Perhaps trade in your crystal ball towards a magic 8 ball.

What tax liability?

[TheDogHouse]

Originally Posted by Rollieo

What tax liability?

Many states charge a year end tax based on the value of a stores inventory.

[Rollieo]

Originally Posted by TheDogHouse

Many states charge a year end tax based on the value of a stores inventory.

Interesting. I just looked it up, looks like 11 states have this. So not many.

What is the tax amount? I can’t imagine more than a few percentage.

[TheDogHouse]

Originally Posted by Rollieo

Interesting. I just looked it up, looks like 11 states have this. So not many.

What is the tax amount? I can’t imagine more than a few percentage.

It really depends on the state and even the municipality. I think CT is 6%, so on a million dollar inventory you are looking at 60k.

[Benjay]

Originally Posted by TheDogHouse

Many states charge a year end tax based on the value of a stores inventory.

+1

[Njkdog]

Trust me, you’re not smarter than the phds working for Rolex. I’d imagine they’ve thought about this

[enjoythemusic]

Must be an echo, these same posts are nearly word for word as New Year rolls around.

[Eric-London]

Originally Posted by enjoythemusic

Must be an echo, these same posts are nearly word for word as New Year rolls around.

You're right, which was actually the point of my post, so as to make newbies aware. That's ok though, you carry on

[GONZO2LR]

why would you care about a price increase if you can't even get the Rolex you want when you walk in and ask?...it's like count my chickens before they hatch..Why?

ohhh it's the what if i get it...?????!!!!!

[Eric-London]

Originally Posted by GONZO2LR

why would you care about a price increase if you can't even get the Rolex you want when you walk in and ask?...it's like count my chickens before they hatch..Why?

ohhh it's the what if i get it...?????!!!!!

I'm really not bothered about Rolex price increases and I can pretty much get what I want from my AD :)

Hope that answers your questions lol

[KatGirl]

Originally Posted by Eric-London

I'm really not bothered about Rolex price increases and I can pretty much get what I want from my AD :)

Hope that answers your questions lol

Why take the time to start a thread about it, if you don’t care?

Kat


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[enjoythemusic]

Originally Posted by KatGirl

Why take the time to start a thread about it, if you don’t care?

Excellent question, am sure there's a reason.

[Eric-London]

Originally Posted by KatGirl

Why take the time to start a thread about it, if you don’t care?

Kat


Sent from my iPad using Tapatalk

Just trying to educate the newbies as stated. Next question?

[KatGirl]

Originally Posted by Eric-London

Just trying to educate the newbies as stated. Next question?

Educate the newbies about what?

Kat


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[Lawlex]

Originally Posted by KatGirl

Why take the time to start a thread about it, if you don’t care?

Kat


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This


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[Fredrik]

I had a price increase between me ordering a watch and getting it a couple of months later, I got it for the old price. It was actually the first Rolex I bought at that AD.

[Giangos]

Originally Posted by Eric-London

Just kidding I don't have a crystal ball but it's fairly easy to tell when price increases are imminent.

Allocations get tighter. It's that simple.

Imagine how much stock large AD groups are sitting on?

Why would the big AD groups release several hundred pieces now when they could wait a few weeks and hit up their customers for an extra 5-10% on the professional models and a little less on Datejusts etc?

Would Rolex charge the AD the price difference when they register the watch as sold?

Surely Rolex does not want ADs hoarding watches in the lead up to a price increase. And with routine increases, this is a risk.

If I was Rolex, I would make sure that ADs are releasing pieces as fast as they receive them, and also remitting any wholesale cost increase back to Geneva.


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[enjoythemusic]

Here's the truth about it....

[Eric-London]

Originally Posted by enjoythemusic

Here's the truth about it....

[enjoythemusic]

I love my people

[RTG]

Originally Posted by enjoythemusic

Here's the truth about it....

Attachment 1407416

You are funny. We could hang out

Originally Posted by Eric-London

You are not funny. Stay off my lawn.

[WS9D]

Originally Posted by enjoythemusic

Here's the truth about it....

Attachment 1407416

Originally Posted by Eric-London

I'm the room lol.

[Cigars&Watches]

I thought it was funny

[enjoythemusic]

A most humble thanks to those with a wonderful sense of humor. Thank you.