CONFIRMED: Canadian Price Increase

[theprocess]

Originally Posted by guy369

I was at an AD during my lunch break, and tried on a Milgauss - The lady told me I should make up my mind within the next week as the prices will be increasing soon.

She offered to take 20% off the list price, I bit my tongue as I was about to tell her the better deals I could get from members off TRF

20% off list price, current list? If its current would you mind PM'ing me the AD and contact? Thx

[Finewatch]

Who said you can't make $$ on a Rolex? Mine lists over $10,000 CDN now. Glad I bought 3 plus years ago.

[vitalsignsrn]

20% off list is actually pretty good if local. I would try for a couple more % off though.

Most times it is cheaper & better deals to find south of the border. I would have saved money had I bought my Datejust in the US but I'm glad I got in at home. Was my 1st. :-)

[Exhausted]

Ugh, that blows. I'm not ready to buy yet.

[Viral]

Why would anyone from the U.S. travel to Canada to make a purchase when a) the price is already higher even when converted back to USD; and b) the 13% tax is not refundable?

There are better deals to be had within the U.S.

[Eric Chan]

Originally Posted by Viral

Why would anyone from the U.S. travel to Canada to make a purchase when a) the price is already higher even when converted back to USD; and b) the 13% tax is not refundable?

There are better deals to be had within the U.S.

Well, don't know how it is on the East Coast of Canada, but over on the Westcoast here, most AD's will offer anywhere from 10% to 25% off the MSRP. Some of my friends in Toronto advised they can get this level of discounts as well.

Since the Canadian dollar is around $0.79 for $1.00 US, you guys are already ahead of the game. It had been stated on this Forum that many US AD's offer 0% to 10% off the MSRP. So, if you do the math, American purchasers will come out on top at his moment. Regardless of what taxes you pay on Canadian purchases.

[tommyz24]

When the 11460 came out I was quoted 6950$ out the door tax in CDN$. It looks like the new msrp is almost 9k now. Even with a discount it would be at least 2k more in a year span


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[SUPERDOC]

I can't imagine any us price increase, I think much of this reflects the weakness in CDN currency...

The uSD sales at current prices already equates to higher sales revenue due to the strength of USD globally...

In fact, there was some question at Omega as to whether there would be a price decrease...

When the Usd is 15% stronger against the euro/aus/CDN... And you only raise prices by 8% in the other markets , Americans are still paying more ...

[rolexnub]

Thanks for the info Eric

[brandrea]

Originally Posted by Eric Chan

Well, don't know how it is on the East Coast of Canada, but over on the Westcoast here, most AD's will offer anywhere from 10% to 25% off the MSRP. Some of my friends in Toronto advised they can get this level of discounts as well.

Since the Canadian dollar is around $0.79 for $1.00 US, you guys are already ahead of the game. It had been stated on this Forum that many US AD's offer 0% to 10% off the MSRP. So, if you do the math, American purchasers will come out on top at his moment. Regardless of what taxes you pay on Canadian purchases.

Exactly

Discounts are similar here in Ontario depending one the model of course.

[SMD]

Originally Posted by Tyl3r

In my opinion, they did not increase the price enough. The Canadian Dollar has lost significantly more than 7-8% against the USD and CHF.

This is the second currency related price adjustment (if it has happened). There was another one within the past year. So combined, it is quite a significant jump (again, if this one has happened).

[kayaker21]

Sub c date $9750
gmt ss $9600
Daytona ss $13750
Subc TT $15350
Gmtc tt $14900
Just an example of the increase on the more popular sport models.

[versatile1]

Originally Posted by Tyl3r

In my opinion, they did not increase the price enough. The Canadian Dollar has lost significantly more than 7-8% against the USD and CHF.

According to my AD the 7-8% is a Rolex Factory increase that will be seen world wide but another increase as much as an additional 12% could be seen to offset the Canadian dollar.
I don't believe it myself but who knows these days

[versatile1]

Originally Posted by theprocess

Whats the word on Tudor? Similar increase for the great white north?

We had a 9% increase March 2 I thought. I could be mistaking though

[Maiden]

Originally Posted by brandrea

Exactly



Discounts are similar here in Ontario depending one the model of course.

Exactly, discounts are the same, I am debating picking up a DJ2 two tone before Monday, My AD will offer a 21% discount on cash. If I was from the US add another 20% savings in currency exchange and it is a no brainer if you are close to the border

[theprocess]

Originally Posted by nresetar

Exactly, discounts are the same, I am debating picking up a DJ2 two tone before Monday, My AD will offer a 21% discount on cash. If I was from the US add another 20% savings in currency exchange and it is a no brainer if you are close to the border

I would expect ADs to price the increase in to thier discounts (i.e. reduced discount on current list).

[smc23]

Curious to know the new prices for BLNR and HuLK if anyone has this info.

[threeputt]

Rumor is:

BLNR, $10,200
HULK, $10,350

[lmcgbaj]

So the increase is 7% in Canada ONLY. Effective Monday 16/3/2015.

US is not affected on this one. It is a correction for the weak CND.

[peepn]

didn't the 216570 explorer recently go up from $8100. to $8700? is there now going to be another price increase on top of 7-8%.....seems unlikely I think :))

[ABChop]

BLNR currently $9650 + 7%= $10,325 CAD = $8127 USD

[Eric Chan]

Originally Posted by peepn

didn't the 216570 explorer recently go up from $8100. to $8700? is there now going to be another price increase on top of 7-8%.....seems unlikely I think :))

Yes. This was last May when Rolex increased their prices. This increase is currency related and has nothing to do with the company itself.

[rollee1]

Buy now if you can, it ain't going lower.
There will be another price adjustment when the CAD loose another 5 basis points later this year.

*Source unknown / cannot be known

[Mis3]

Originally Posted by kayaker21

Sub c date $9750
gmt ss $9600
Daytona ss $13750
Subc TT $15350
Gmtc tt $14900
Just an example of the increase on the more popular sport models.

Do you happen to know the price of a SubC, the no date version?

[twowheel]

Originally Posted by Mis3

Do you happen to know the price of a SubC, the no date version?

Sub C No Date .... increase to $8550.00 Canadian

[CDNWatchNut]

Originally Posted by twowheel

Sub C No Date .... increase to $8550.00 Canadian

Not too bad I suppose...just a little over 6% increase from the previous MSRP of $8050 CDN.

[Mis3]

Originally Posted by twowheel

Sub C No Date .... increase to $8550.00 Canadian

Not that bad. With HST and if no discount, it's still under $10K.
Thanks.

[Exhausted]

Any chance you have the info go 39mm explorer and oyster perpetual 116000?

[sea-dweller]

Wow! 7-8%, more than my latest pay raise!

[djemmtee]

my question is how about europe...the euro has taken a dive the last few weeks. its almost even to the USD.