Price increase Oct.1!!!

[perpetualman88]

best way to tell is rolex won't ship out watches Ads have on order for at least 3 weeks. usually can be assumed they are not filling the order due to an upcoming price increase that they want to pass along to the ADs :)

[ExplorerChris]

Canada just went through a price increase
Oh well, if it makes the value of my watch increase then bring it on

[Rogdogg]

I was in my local AD here in Bangkok last Wednesday or Thursday, I forget which, and they had a price increase that day of 5%. I went in and there was no prices on anything and the girls in the store were attaching all of the new price tags that they had printed off to the watches. The girl in the store showed me the new price list which they had just received the evening before. I wasn't sure if it was an actual worldwide price increase or just a local increase due to a currency exchange correction or something like that.

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[Old Expat Beast]

Originally Posted by Rogdogg

I was in my local AD here in Bangkok last Wednesday or Thursday, I forget which, and they had a price increase that day of 5%. I went in and there was no prices on anything and the girls in the store were attaching all of the new price tags that they had printed off to the watches. The girl in the store showed me the new price list which they had just received the evening before. I wasn't sure if it was an actual worldwide price increase or just a local increase due to a currency exchange correction or something like that.

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Interesting, thanks for posting some real info here!

[Racerdj]

Several AD's I have dealt with stated they get no advance notice. Are ordered watches price protected?

[Rogdogg]

Originally Posted by Racerdj

Several AD's I have dealt with stated they get no advance notice. Are ordered watches price protected?

From what I understand, no, they are not. You pay the price at collection when yoi pick up the watch. Not what the price was when you paid your deposit.

[Roger1079]

Originally Posted by Rogdogg

From what I understand, no, they are not. You pay the price at collection when yoi pick up the watch. Not what the price was when you paid your deposit.

This is correct. Ordering a Rolex and leaving a deposit does not lock you in at the current price. If a price increase happens after your deposit but before delivery the remaining balance due will be whatever the price is after the increase.

[GradyPhilpott]

Originally Posted by Rogdogg

From what I understand, no, they are not. You pay the price at collection when yoi pick up the watch. Not what the price was when you paid your deposit.

My AD locks in the price on any watch that is in stock at the time of putting it on layaway.

Now if you order a watch he doesn't have in stock, he's not likely to eat the price increase, if in fact he has to pay the price increase.

[T. Ferguson]

Well, if it does happen I suppose that will give me plenty of breathing room to acquire the piece I'm eying and still beat the next price increase.

[adamlea]

October 1st of what year?

[Andad]

A Rolex price increase....you're kidding me....

[Roger1079]

My girlfriend confirmed what many others in this thread have said. They find out about a price increase when the new book gets to the store and not a moment sooner. I asked her how much notice they get from Rolex when a price increase is happening. Her response was: "We find out when the clients do which is when the new price book arrives at the store. With the gray market being what it is and the forums you read regularly, you will likely know about a Rolex price increase before I find out."

[Royalex]

Thailand has already increased since Sep 1

[Old Expat Beast]

Originally Posted by Royalex

Thailand has already increased since Sep 1

Thanks, is that for all models?

[Rogdogg]

Originally Posted by Old Expat Beast

Thanks, is that for all models?

I was at my local AD again today and all of the models that I would usually look at were increased, the Sub, GMT, Datejust II, Explorers 1& 2. It looked like everything has increased. Also, when I was there last week they had removed the price from every watch in the store before applying the new ones to the tags

[Royalex]

Originally Posted by Old Expat Beast

Thanks, is that for all models?

Yes, I think so for the sport line, but for the datejust line I did not notice.

[vitalsignsrn]

Originally Posted by Royalex

Thailand has already increased since Sep 1

Can you remember what % they went up?

Thanks for that information.

[watchwatcher]

Well I guess I should buy that new Rolex I've been contemplating.

[14060m]

It's going to happen.......

Eventually

[tattooedfagin]

surprised it's taken this long to be honest

[MortgageGuy]

Oh man and just when I was thinking we hadn't seen a price increase thread in awhile

Well sooner or later one of these will be right and as we all know it is long overdue... lets just hope it isn't 20%

[beshannon]

Good I can start the 4th quarter with increasing investment values!

[gwozhog]

It is about that time again.

[samsam]

Looking forward to it.

[AK797]

Well Ken said 5/6 months ago none for the foreseeable future which I took to be about 6 months, so as I've bought a couple of Rolexes now I think the future is unforeseen so bring it on.

[sea-dweller]

Thanks for the info!

[Thatguy]

I guarantee one of these predictions will be true eventually.


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[DJJon]

I was very very close to buying my DJ when in truth my AD called to say prices had gone up that day - as we all know, by surprise. He made it clear he was not going to charge me anything more than the negotiated price we had already agreed upon.

[DuFrank]

Noob question but how frequent are price increases?

[mannyv11]

Originally Posted by DuFrank

Noob question but how frequent are price increases?

they range the last one was 2 years and 4 months ago. But it's pretty much when rolex sees fit they raise the price.