UK Price Rise

[omx5o]

My AD said that it would rain tomorrow. He was kind enough to sell me his Rolex umbrella.

[ming the merciless]

Originally Posted by omx5o

My AD said that it would rain tomorrow. He was kind enough to sell me his Rolex umbrella.

If he lives in England he's probably right.

[mattty]

The European prices went up when the British dealers were buying from Europe when it was the other way so it makes perfect sense to me.

British dealers will benefit from exports because of the low gbp, it will help sales so don't be fooled

best matt

[UmichNJ]

I'm in London for business and it seems like SS sports models are in very short supply. Two AD's I stopped by said that the deliveries earlier this week were much smaller than before, which may presage a price increase. Great time to shop with USD.


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[Kippers]

I don't belive a price rise if initiated would have anything to do with Brexit. For sure any negative impact to our currency (I'm a UK resident) is due to the uncertainty caused by leaving EU and the political fallout but I'm sure this will be just a blip. We have a good financial institution and countries want to trade with us. If the rise happens, it will be because it has been on the cards. I have heard of a price rise for years but never seen it so we're either due one coincidentally timing with Brexit or we will be left alone as I can only imagine our market delivers Rolex excellent performance per capita which they would not want to impact.

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[Luap1976]

Originally Posted by gtnator

Everything is cheap in UK now thanks to Brexit. Visiting there is almost as good as going to a third world country from a price/cheapness perspective.


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I wish everything was cheap here but it's not

[dysondiver]

Originally Posted by Luap1976

I wish everything was cheap here but it's not

yep , aint that the truth ,

[KarlS]

Originally Posted by gtnator

Everything is cheap in UK now thanks to Brexit. Visiting there is almost as good as going to a third world country from a price/cheapness perspective.


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Actually if they exit that's a possibility!

[Etschell]

easy solution is to simply buy while on vacation.

[mattty]

Well the news now said GBP is the lowest against the dollar since 1985. So that tells us in 1985 we were in the same boat not forgetting we were in the EU then!

Definately will be a blip so enjoy the shopping whilst it last gents.

leave us something though, us brit's collect Rolex too!

[dysondiver]

its getting someone to provide the vacation ,, mind you , its starting to look cheaper to pay the flight have a trip and save some cash too.

[KarlS]

Originally Posted by Etschell

easy solution is to simply buy while on vacation.

Actually easiest solution is to wire the money to a UK dealer who can ship it

[KarlS]

Originally Posted by mattty

Well the news now said GBP is the lowest against the dollar since 1985. So that tells us in 1985 we were in the same boat not forgetting we were in the EU then!

Definately will be a blip so enjoy the shopping whilst it last gents.

leave us something though, us brit's collect Rolex too!

Let it soften a bit more me thinks some London properties will start becoming 2008 bargains again!

[bondtoys]

Originally Posted by Kippers

as I can only imagine our market delivers Rolex excellent performance per capita which they would not want to impact.

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Imo wishful thinking and does not match with the reality.
Global Superbrands like Rolex are known for 2 things:

1. Squeezing as much money as possible out of their market
2. Adjusting prices when currency rates change significantly.

Second just happened in he UK and will remain - they will increase prices

Cartier already did

[Kippers]

Originally Posted by bondtoys

Imo wishful thinking and does not match with the reality.
Global Superbrands like Rolex are known for 2 things:

1. Squeezing as much money as possible out of their market
2. Adjusting prices when currency rates change significantly.

Second just happened in he UK and will remain - they will increase prices

Cartier already did

Yeah I agree now. Just spoke to my AD and he confirmed the increase but they just don't know when although they said it would be imminent.

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[rick101]

Originally Posted by mattty

Well the news now said GBP is the lowest against the dollar since 1985. So that tells us in 1985 we were in the same boat not forgetting we were in the EU then!

Definately will be a blip so enjoy the shopping whilst it last gents.

leave us something though, us brit's collect Rolex too!

I'll tell you what else happened in 1985

free photo hosting

[Ruud Van Driver]

Originally Posted by dysondiver

yep ,,, we do ,, my option was order this week , if its in stock you may get in before the price rise ,,,, typically me , id like something odd ,,, but not keen on the gamble.
uk is expensive for watches by comparison to us or hk , but if you buy there import gets you ,,,
not easy.

Not as expensive as you might think, Tom. Keeping it at MSRP, and assuming what was the normal S$2 to £1, Rolex prices were on par with the UK. My D-Blue was £8,250 at home and retail here is S$16,500. Only problem is ADs can legally charge what they like so the D-Blue usually runs about S$18 to 20k. Other very desirable pieces run above retail too, such as SS Daytona, BLNR, Sub LVc

[watchnut73]

Yes Rolex price increase imminent,
Price increases throughout the Swiss manufactures as of last week
London ADs very low stock on ss sports all been snapped up over the last 7 days
Before new Rolex prices.

I was told the next steel Daytona C, will not be the current £8250
Information from reliable uk source

No sales bullshit!!

[peterskinner]

Rolex will increase UK prices, if only to halt grey exporting. Anyone who thinks the low price of the Pound is a 'short term blip'' is likely to get a rude shock. Rolex aren't stupid, they know the UK economy will be depressed for many years. They will price accordingly, assuming the pound will continue to fall. Which it will.
Low supply from Rolex will be because they risk losing money in the current Uk market. That won't continue. My guess is 10% rise.

[ming the merciless]

Originally Posted by peterskinner

Rolex will increase UK prices, if only to halt grey exporting. Anyone who thinks the low price of the Pound is a 'short term blip'' is likely to get a rude shock. Rolex aren't stupid, they know the UK economy will be depressed for many years. They will price accordingly, assuming the pound will continue to fall. Which it will.
Low supply from Rolex will be because they risk losing money in the current Uk market. That won't continue. My guess is 10% rise.

That's my thinking also. Tough times ahead for the British economy, certainly for the next year or two.

[watchluxus]

Originally Posted by dysondiver

Hi ,,
not a discussion , just a FYI sort of post ,
i dont even know how true it is , but i was in with my local AD yesterday , and he told me that in four weeks time threre was a serious price rise on the way , in the 10 to 12% range , now weather it was mentioned as a buy now prompter or not , and i really dont think it was ,,,, just thought id mention it.

Heard the same thing today...

[astrobo1]

In London on holiday. AD said Cartier increased prices 10% last week. Would make sense for Rolex (and others) to do likewise...