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Old 7 August 2018, 12:50 AM   #31
lenfried29
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Quote:
Originally Posted by Vipes View Post
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.
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Old 7 August 2018, 12:53 AM   #32
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Originally Posted by beshannon View Post
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.
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Old 7 August 2018, 01:10 AM   #33
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Quote:
Originally Posted by beshannon View Post
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.


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Old 7 August 2018, 01:13 AM   #34
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Seriously..

Quote:
Originally Posted by beshannon View Post
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.
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Old 7 August 2018, 01:14 AM   #35
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Originally Posted by theomegaaddict View Post

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)
Aug 2017 - Discount, so irrelevant to pricing

Jan 2018- 9482 + 5% =$9956

August 2018- $10408 inclusive of tax

Am i missing something or is $452 "skyrocketing" ... or did you factor in the VAT already in the Jan 2018 price. As written it looks like you listed a RRP and then said + VAT
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Old 7 August 2018, 01:16 AM   #36
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Quote:
Originally Posted by onemany View Post
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.
Call your AD and ask if they are allowed to discount. They will inevitably respond that they are contractually bound not to sell below MSRP. Not everything they tell you is true.

Have you read the contract? I personally have not read the AD agreement with Rolex and I doubt very much many people here have (no doubt some have). But, my former legal hat tells me Rolex would never put something so blatant in writing given the sensitivities around price fixing. So I would bet they don't specifically prohibit selling above or below MSRP (since the AD has paid for and owns the watch not Rolex), however Rolex can and probably does terminate AD status based upon whether the AD is helping or hurting the brand. One thing they can point to is discounting or selling at a premium and use that to terminate a relationship even though the contract does not specifically mandate selling at MSRP. That is my bet but again I have not read it and it I highly doubt (outside of a few people on this board) many people claiming to know for a fact that they cannot sell above or below list have either.
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Old 7 August 2018, 01:19 AM   #37
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What is the waiting period to get the BLNR in Dubai?
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Old 7 August 2018, 01:33 AM   #38
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Quote:
Originally Posted by Jason71 View Post
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.
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Old 7 August 2018, 01:41 AM   #39
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Quote:
Originally Posted by tyler1980 View Post
Aug 2017 - Discount, so irrelevant to pricing

Jan 2018- 9482 + 5% =$9956

August 2018- $10408 inclusive of tax

Am i missing something or is $452 "skyrocketing" ... or did you factor in the VAT already in the Jan 2018 price. As written it looks like you listed a RRP and then said + VAT
Eagle eye! Are you sure you're not a forensic accountant?
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Old 7 August 2018, 01:42 AM   #40
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Quote:
Originally Posted by SMD View Post
Call your AD and ask if they are allowed to discount. They will inevitably respond that they are contractually bound not to sell below MSRP. Not everything they tell you is true.

Have you read the contract? I personally have not read the AD agreement with Rolex and I doubt very much many people here have (no doubt some have). But, my former legal hat tells me Rolex would never put something so blatant in writing given the sensitivities around price fixing. So I would bet they don't specifically prohibit selling above or below MSRP (since the AD has paid for and owns the watch not Rolex), however Rolex can and probably does terminate AD status based upon whether the AD is helping or hurting the brand. One thing they can point to is discounting or selling at a premium and use that to terminate a relationship even though the contract does not specifically mandate selling at MSRP. That is my bet but again I have not read it and it I highly doubt (outside of a few people on this board) many people claiming to know for a fact that they cannot sell above or below list have either.
you're doubt other people responses but have your own opinion which is in fact very doubtful.
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Old 7 August 2018, 02:01 AM   #41
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This happens in the Far East AD’s so maybe in the Middle East.
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Old 7 August 2018, 05:25 AM   #42
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9482 is also inclusive of tax.
Quote:
Originally Posted by tyler1980 View Post
Aug 2017 - Discount, so irrelevant to pricing

Jan 2018- 9482 + 5% =$9956

August 2018- $10408 inclusive of tax

Am i missing something or is $452 "skyrocketing" ... or did you factor in the VAT already in the Jan 2018 price. As written it looks like you listed a RRP and then said + VAT
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Old 7 August 2018, 10:41 PM   #43
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Skyrocketing AD price for BLNR

List price in Dubai November 2015, plus a decent discount.

Not purchased by myself.




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Old 7 August 2018, 10:45 PM   #44
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Quote:
Originally Posted by ashokleyland View Post
is it MOHAMMED RASOOL KHOORY & SONS AD?


This AD is in Abu Dahbi


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Old 7 August 2018, 10:50 PM   #45
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Quote:
Originally Posted by onemany View Post
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.
Quote:
Originally Posted by jrs146 View Post
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.


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Have you any proof of this like a official statement from Rolex, or is this just internet hearsay like most are today.
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Old 7 August 2018, 10:53 PM   #46
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Have you any proof of this like a official statement from Rolex, or is this just internet hearsay like most are today.
I think we all know the answer which is the same every time this thread pops up.
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Old 7 August 2018, 11:08 PM   #47
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I totally fine to buy those popular models for slightly above MSRP. Still much better than most ADs in Bangkok where they ask ppl to buy those watches with conditions like spend $50k to buy Daytona or Pepsi SS or $15k on classic models to buy Batman :D
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Old 7 August 2018, 11:13 PM   #48
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Here in the US, Rolex can’t dictate a price via a contract else they would be charged for violating antitrust laws here. Overseas the laws vary, but I also think the EU has a similar vertical pricing antitrust rule.

Therefore, the dealer can accept a price above or below Rolex’s MSRP.

In the markets the OP cite there may be some different rules, or the ADs are like here - free to do as they please with regards to pricing.


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Old 7 August 2018, 11:17 PM   #49
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Here in the US, Rolex can’t dictate a price via a contract else they would be charged for violating antitrust laws here.
Thank you, finally some common sense.
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Old 7 August 2018, 11:30 PM   #50
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I think we can all agree this guy knows what he's talking about:

Quote:
Originally Posted by HL65 View Post
Not in the USA but overseas a different story.
from this thread:
https://www.rolexforums.com/showthread.php?t=531779
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Originally Posted by beshannon View Post
Thank you, finally some common sense.
You don't think Ken knows?
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Old 8 August 2018, 02:10 AM   #51
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In HK almost none of the ADs sell at retail, unless if you're a VVVIP who has spent lots of money before

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Old 8 August 2018, 02:45 AM   #52
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Quote:
Originally Posted by 77T View Post
Here in the US, Rolex can’t dictate a price via a contract else they would be charged for violating antitrust laws here. Overseas the laws vary, but I also think the EU has a similar vertical pricing antitrust rule.

Therefore, the dealer can accept a price above or below Rolex’s MSRP.

In the markets the OP cite there may be some different rules, or the ADs are like here - free to do as they please with regards to pricing.


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I don't think a minimum/maximum RPM agreements would run afoul of vertical antitrust laws and currently, I don't believe minimum/maximum RPM agreements are prohibited under the Sherman act.

Adding a link: https://www.americanbar.org/publicat..._policies.html

Last edited by onemany; 8 August 2018 at 03:57 AM.. Reason: Added a link
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