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!

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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?

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

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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.

thomaspp · 6 August 2018, 10:28 PM

I love it! Lol

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Vipes · 6 August 2018, 10:50 PM

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

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.

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Nandor · 6 August 2018, 11:27 PM

Quote:

Originally Posted by theomegaaddict

Well how can i know what rolex official msrp is?

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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

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onemany · 6 August 2018, 11:37 PM

Quote:

Originally Posted by theomegaaddict

Well how can i know what rolex official msrp is?

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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.

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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, 11:43 PM

Quote:

Originally Posted by theomegaaddict

Yea that doesn't actually show msrp for me

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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).

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.

Lemonvr6 · 6 August 2018, 11:56 PM

Anybody know what MSRP stands for?

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, 12:00 AM

I think we can all agree this guy knows what he's talking about:

Quote:

Originally Posted by HL65

Not in the USA but overseas a different story.

from this thread:
https://www.rolexforums.com/showthread.php?t=531779

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.

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"

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

101031-28 · 7 August 2018, 12:08 AM

I never knew ADs could sell above retail

SMD · 7 August 2018, 12:11 AM

Quote:

Originally Posted by mjclark32

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

I have. Instead they sold it out the back door when I told them to stuff it.

mjclark32 · 7 August 2018, 12:25 AM

Quote:

Originally Posted by SMD

I have. Instead they sold it out the back door when I told them to stuff it.

Obviously I don't know the story, but it sounds like they knew they weren't supposed to do it, hence the back door

Read your thread on the snoopy going for over MSRP.
I'm sure less scrupulous AD's will try to get away with it once in a while, but from my understanding it's in the Rolex USA/AD agreement to not sell over MSRP.

StuartM1970 · 7 August 2018, 12:35 AM

Gouging consumers is standard retail practice in the UAE.
There may be all kinds of rules in place, but they will be readily flouted, as often happens when there are effective monopolies in play.

joli160 · 7 August 2018, 12:38 AM

AD being the owner of the watch can sell for whatever he wants imo.
Over MSRP is happening everywhere including in the US, but sometimes disguised as a bundling deal

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.

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	#5
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	#6
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	#4
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	#7
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	#8
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	#9
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	#10
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	#19
Lemonvr6 "TRF" Member Join Date: Aug 2016 Location: Oakland, CA Posts: 463	Anybody know what MSRP stands for? __________________ 116710BLNR, 116610LV, 114060, 116710LN

7 August 2018, 12:08 AM	#25
101031-28 "TRF" Member Join Date: Jul 2009 Location: USA Watch: 1665 Posts: 4,764	I never knew ADs could sell above retail __________________ He could not just wear a watch. It had to be a Rolex. Ian Fleming

7 August 2018, 12:35 AM	#28
StuartM1970 "TRF" Member Join Date: Aug 2012 Real Name: Stuart Location: Dubai Watch: IWC Mark XV Posts: 280	Gouging consumers is standard retail practice in the UAE. There may be all kinds of rules in place, but they will be readily flouted, as often happens when there are effective monopolies in play.

7 August 2018, 12:38 AM	#29
joli160 2024 SubLV41 Pledge Member Join Date: Apr 2013 Location: NL Watch: Yachtmaster Posts: 14,758	AD being the owner of the watch can sell for whatever he wants imo. Over MSRP is happening everywhere including in the US, but sometimes disguised as a bundling deal __________________ Day Date 18238, Yachtmaster 16622, Deepsea 116660, Submariner 116619, SkyD 326935, DJ 178271, DJ 69158, Yachtmaster 169622, GMT 116713LN, GMT 126711.

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