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watchmework · 2 January 2020, 01:35 AM

I noticed that when the increase was announced last week the BLRO went up a couple of percent on the grey market. That’s maintained through New Years day but no telling what the rest of the lineup will do.

fsprow · 2 January 2020, 02:06 AM

Speculation is futile when the answer will be apparent in a few months.

ronricks · 2 January 2020, 02:12 AM

The issue is the prices for many models are already so inflated is there much room for grey dealers to further increase by a significant amount?

Nikrnic · 2 January 2020, 02:13 AM

I doubt the greys will follow suit with a Rolex price increase as their prices are driven by the same as yesterday, supply and demand. Their prices can fluctuate daily.

Sent from my SM-G970U using Tapatalk

77T · 2 January 2020, 02:40 AM

The MSRP hasn’t been the driving force in hot SS Professional models for years now. The demand is inelastic — so many people are clamoring for the hot models that demand remained stable even if prices did fluctuate. Just use the Daytona 500 as an example. As the grey prices rose (despite MSRP being flat) demand continued.

BUT - COGS did change during that period as some ADs were selling SS with a required PM bundle to greys. So that effectively raised their sunk cost in the SS models. The PMs got sold with much less GPM than the SS and that shortfall had to made up somewhere.

IMHO, the demand price model will fluctuate if demand rises or lessens. It might lessen for myriad reasons. But the greys’ price won’t appreciably change due to the 5-15% Rolex just added on. It will be the number of people willing to pay high prices to get hot models right now.

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blown5.0 · 2 January 2020, 03:03 AM

As already mentioned, grey pricing is largely market driven. An increase in MSRP does not translate to a direct increase in pricing where the additional cost is passed onto the customer. With that said, I would anticipate an initial price increase to "test the waters".

watchmework · 2 January 2020, 03:31 AM

to 2020

NachoNeal · 3 January 2020, 11:58 PM

Yes. The particular watch I was looking at went from $11,375 to $11,875.

EEpro · 4 January 2020, 04:55 AM

DavidSW raised prices across the board on PM and Daytona's vs last week.

TswaneNguni · 4 January 2020, 05:30 AM

Quote:

Originally Posted by EEpro

DavidSW raised prices across the board on PM and Daytona's vs last week.

Means David gets it sold at higher pricing .
Most likely means he offers more for stock too .

TswaneNguni · 4 January 2020, 05:33 AM

I am sure it differs between sellers ,but what would the average percentage profit be on a transaction for the Trusted seller/Pre-owned dealer/Grey dealer ?

THC · 4 January 2020, 05:36 AM

Quote:

Originally Posted by EEpro

DavidSW raised prices across the board on PM and Daytona's vs last week.

I personally knew all Day Date prices on DSW site the last 3 weeks, since I was buying one.. I looked yesterday and they all went up over 1k

Very happy I bought prior

TswaneNguni · 4 January 2020, 05:39 AM

Quote:

Originally Posted by THC

I personally knew all Day Date prices on DSW site the last 3 weeks, since I was buying one.. I looked yesterday and they all went up over 1k

Very happy I bought prior

Same percentage increase compared to the increase in MRSP on DDs ?

3sheets86 · 4 January 2020, 05:17 AM

Watchfinder are offering less money than they were 2 weeks before Christmas. They also haven’t updated the MRSP on their website yet. Their stock is still well overpriced.

TswaneNguni · 4 January 2020, 05:28 AM

Quote:

Originally Posted by 3sheets86

Watchfinder are offering less money than they were 2 weeks before Christmas. They also haven’t updated the MRSP on their website yet. Their stock is still well overpriced.

Watchfinder keeps the pricing the same but offers less money ? Simple ,thats like adding the increase,just not by increasing the selling price but decreasing money offered for stock .
Agree,may indicate enough stock .
Also,January be be slower after the exuberance of spending over the festive season .

3sheets86 · 4 January 2020, 07:00 AM

Quote:

Originally Posted by TswaneNguni

Watchfinder keeps the pricing the same but offers less money ? Simple ,thats like adding the increase,just not by increasing the selling price but decreasing money offered for stock .
Agree,may indicate enough stock .
Also,January be be slower after the exuberance of spending over the festive season .

I think think that too, probably willing to pay more for stock just before Christmas but less in the slow period. I suppose to sell an expensive watch in January is like trying to sell a convertible in winter.

TswaneNguni · 4 January 2020, 07:16 AM

Quote:

Originally Posted by 3sheets86

I suppose to sell an expensive watch in January is like trying to sell a convertible in winter.

2 January 2020, 02:40 AM	#5
77T 2024 SubLV41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 42,016	The MSRP hasn’t been the driving force in hot SS Professional models for years now. The demand is inelastic — so many people are clamoring for the hot models that demand remained stable even if prices did fluctuate. Just use the Daytona 500 as an example. As the grey prices rose (despite MSRP being flat) demand continued. BUT - COGS did change during that period as some ADs were selling SS with a required PM bundle to greys. So that effectively raised their sunk cost in the SS models. The PMs got sold with much less GPM than the SS and that shortfall had to made up somewhere. IMHO, the demand price model will fluctuate if demand rises or lessens. It might lessen for myriad reasons. But the greys’ price won’t appreciably change due to the 5-15% Rolex just added on. It will be the number of people willing to pay high prices to get hot models right now. Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

2 January 2020, 03:31 AM	#7
watchmework "TRF" Member Join Date: Jun 2017 Location: DC Watch: 126710BLRO, 116600 Posts: 7,869	MRSP went up : What about Grey pricing ? to 2020

3 January 2020, 11:58 PM	#8
NachoNeal "TRF" Member Join Date: Oct 2019 Real Name: Neal Location: Point Loma Watch: ing the river flow Posts: 2,856	Yes. The particular watch I was looking at went from $11,375 to $11,875. __________________ . Sub No Date (14060); Tudor Ranger; Explorer (124270); Day Date (18238) stolen by wife; CasiOak.

4 January 2020, 04:55 AM	#9
EEpro 2024 SubLV41 Pledge Member Join Date: Apr 2019 Real Name: Brad Location: Purdue Watch: Daytona Posts: 9,243	DavidSW raised prices across the board on PM and Daytona's vs last week. __________________ ♛ ✠ Ω 2FA Active

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2 January 2020, 01:35 AM	#1
watchmework "TRF" Member Join Date: Jun 2017 Location: DC Watch: 126710BLRO, 116600 Posts: 7,869	I noticed that when the increase was announced last week the BLRO went up a couple of percent on the grey market. That’s maintained through New Years day but no telling what the rest of the lineup will do.

2 January 2020, 02:06 AM	#2
fsprow 2024 Pledge Member Join Date: Dec 2018 Real Name: Frank Location: Dallas,NY,Colo. Watch: Patek 5168, 5170P Posts: 2,547	Speculation is futile when the answer will be apparent in a few months.

2 January 2020, 02:12 AM	#3
ronricks 2024 Pledge Member Join Date: Jun 2013 Location: ATL Watch: 126610LV Posts: 2,752	The issue is the prices for many models are already so inflated is there much room for grey dealers to further increase by a significant amount?

2 January 2020, 02:13 AM	#4
Nikrnic "TRF" Member Join Date: May 2017 Real Name: Louis Nick Ric Location: Michigan, USA Watch: Blnr, Expll, Subs, Posts: 10,172	I doubt the greys will follow suit with a Rolex price increase as their prices are driven by the same as yesterday, supply and demand. Their prices can fluctuate daily. Sent from my SM-G970U using Tapatalk

2 January 2020, 03:03 AM	#6
blown5.0 "TRF" Member Join Date: Oct 2017 Location: Los Angeles Posts: 416	As already mentioned, grey pricing is largely market driven. An increase in MSRP does not translate to a direct increase in pricing where the additional cost is passed onto the customer. With that said, I would anticipate an initial price increase to "test the waters".

4 January 2020, 05:33 AM	#11
TswaneNguni "TRF" Member Join Date: Feb 2008 Real Name: Chris Location: . Watch: Daytonas/Subs/GMTs Posts: 12,609	I am sure it differs between sellers ,but what would the average percentage profit be on a transaction for the Trusted seller/Pre-owned dealer/Grey dealer ?

4 January 2020, 05:17 AM	#14
3sheets86 "TRF" Member Join Date: Apr 2013 Location: UK Posts: 563	Watchfinder are offering less money than they were 2 weeks before Christmas. They also haven’t updated the MRSP on their website yet. Their stock is still well overpriced.

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