Is it safe to buy a new Rolex in Cancun?

[mpeich]

I will be at a resort south of Cancun in a few months and am thinking of taking advantage of the duty/tax free status to buy a new Submariner. There is an AD in Cancun. Any thoughts on buying the watch there?

Cheers,
Mike

[kilyung]

No worries (thousands of people people do it) however taxes still apply when you come back to the US.

[Alfredo.]

Originally Posted by kilyung

No worries (thousands of people people do it) however taxes still apply when you come back to the US.

This.

[pacific17]

If its AD you should be golden, but yeah, the taxes.

[rmfnla]

It's safe to buy it there; just don't take it into the water...

[beshannon]

Originally Posted by mpeich

There is an AD in Cancun.

Why would it not be safe if Rolex has an AD there?

[pacific17]

Originally Posted by beshannon

Why would it not be safe if Rolex has an AD there?

[bayerische]

Buy from an AD... All safe. A great one in Playa!

[Mick P]

By all means buy the Rolex, but whatever you do, do not eat beans in a local restaurant as I once did.

Have you ever had to sit on the loo in a cruiser cabin for 24 hours without a break. I did and it was not pleasant.

Regards

Mick

[mfserge]

Buy the watch, don't drink the water!

[bdex75]

Originally Posted by mfserge

Buy the watch, don't drink the water!

Buy the dealer and the BOTTLED water.


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[bayerische]

You'll have lots of fun in-between buying your Rolex!

[Roll the Lex]

Originally Posted by Mick P

By all means buy the Rolex, but whatever you do, do not eat beans in a local restaurant as I once did.



Have you ever had to sit on the loo in a cruiser cabin for 24 hours without a break. I did and it was not pleasant.



Regards



Mick

I'm waiting for the "Is it safe to eat at local restaurants in Cancun with a Rolex" thread :)


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[elcompa]

Originally Posted by mfserge

Buy the watch, don't drink the water!

Reminded me of the line in the movie The Godfather "leave the gun, take the cannoli"

As to OP: While Im sure it would be fine to buy it there, I don't see an advantage to it. In fact you may end up paying Mexican taxes at the point of purchase and then again upon entry to the US. Just a thought to consider.....

If you are stuck on buying from an AD and are from the US, I might consider arranging to buy it from an AD out of your state and having it FEDEX'ed I believe taxes would not apply in this case.

[Gary Busey]

Originally Posted by pacific17

Playa is not a Liberia street corner

[psv]

But how much would you really be saving? Is it really worth the effort?

[77T]

While there is a duty (tax if you like that word) upon declaring the value, you have a chance to save some money if you can get a good negotiated price. The duty you pay upon re-entry is based on that final value. Also, you are only going to pay the Federal duty - not the fulload of state and local sales taxes upon re-entry.

The calculus for you is to know the best deal you could get from a trusted TRF seller for BNIB exemplars of your desired model(s). Then you'll know whether the Cancun AD deal is good or not even including the US duty.

And remember, TRF sellers aren't charging sales tax

[ec51]

Originally Posted by elcompa

In fact you may end up paying Mexican taxes at the point of purchase and then again upon entry to the US. Just a thought to consider.....

This is not true -- there is a Mexican tax back program.

Just make sure you fill out the necessary paperwork.

http://www.taxback.com.mx

[77T]

Originally Posted by ec51

This is not true -- there is a Mexican tax back program.



Just make sure you fill out the necessary paperwork.



http://www.taxback.com.mx

Agree with that. And the AD prolly fills these out daily for tourista's!

[mrecho]

Originally Posted by Roll the Lex

I'm waiting for the "Is it safe to eat at local restaurants in Cancun with a Rolex" thread :)


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I'm sure it's coming.

[HogwldFLTR]

Originally Posted by mpeich

I will be at a resort south of Cancun in a few months and am thinking of taking advantage of the duty/tax free status to buy a new Submariner. There is an AD in Cancun. Any thoughts on buying the watch there?

Cheers,
Mike

Cool trip; take some photos and post back.

[www777]

Do you get a better discount down there?

[Alexwwjd]

I have bought all my watches in Cancun. First of all, you get super great prices and since they sell so many, they can get you almost any piece you want. As ec51 mentioned, do the tax back, wear your watch and use Fedex for the Box and Papers.

[kilyung]

Originally Posted by Alexwwjd

... do the tax back, wear your watch and use Fedex for the Box and Papers.

The views and opinions expressed on this web site are soley those of the original authors and other contributors. These views and opinions do not necessarily represent those of Steve, the TRF moderators, and/or any/all contributors to this site.

[Alexwwjd]

Originally Posted by kilyung

The views and opinions expressed on this web site are soley those of the original authors and other contributors. These views and opinions do not necessarily represent those of Steve, the TRF moderators, and/or any/all contributors to this site.

Sorry about that... I forgot to remind you please abide by your current country tax laws.

[kilyung]

Originally Posted by Alexwwjd

Sorry about that... I forgot to remind you please abide by your current country tax laws.

No worries, Alex. Just having some fun.

[Alexwwjd]

Originally Posted by kilyung

No worries, Alex. Just having some fun.

[Wesley Crusher]

"Is it safe to buy a Rolex from an AD?"

Man, just when you thought you've heard it all...

[tkerrmd]

Do it !

[Speed]

Why the hassle ? Relax down south. Buy at home.