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Old 26 June 2019, 10:08 PM   #1
AhmedMBS
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Would appreciate informed answers!!

Hi everyone,
Finally I join this great forum, it is real pleasure to participate and add to such wonderful community.

I have a question in regards to Rolex authoriz dealer..
Are they allowed to Rolex Daytona to be specific, more than it is retail price?
And how much it is retail price from ROLEX SA?
And if they did, what should be done? Proof is exist.

I would really really appreciate informed

Thx all
Regards
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Old 26 June 2019, 10:16 PM   #2
watchmaker
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Correct me if I'm wrong, but I believe all ADs in KSA are Saddik & Mohamed Attar Co. They are the importer of Rolex watches (most watches I believe).

I think KSA is one of the places where what the AD holds more cards than Rolex do. Saddik hold a monopoly and can pretty much do what they want.
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Old 26 June 2019, 10:26 PM   #3
padi56
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Quote:
Originally Posted by AhmedMBS View Post
Hi everyone,
Finally I join this great forum, it is real pleasure to participate and add to such wonderful community.

I have a question in regards to Rolex authoriz dealer..
Are they allowed to Rolex Daytona to be specific, more than it is retail price?
And how much it is retail price from ROLEX SA?
And if they did, what should be done? Proof is exist.

I would really really appreciate informed

Thx all
Regards
All Rolex watches are listed as being suggested retail prices, so in theory any AD could charge whatever the market will bare.
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Old 27 June 2019, 10:24 AM   #4
AhmedMBS
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It is none sense to be honest, he is charging 6000 dollars more than suggested price,contrary to the UAE dealer seddiki
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Old 27 June 2019, 10:25 AM   #5
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They can. In today's market they do.
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Old 27 June 2019, 10:26 AM   #6
AhmedMBS
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Originally Posted by watchmaker View Post
Correct me if I'm wrong, but I believe all ADs in KSA are Saddik & Mohamed Attar Co. They are the importer of Rolex watches (most watches I believe).

I think KSA is one of the places where what the AD holds more cards than Rolex do. Saddik hold a monopoly and can pretty much do what they want.
True pure monopoly
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Old 27 June 2019, 10:30 AM   #7
Lord Hectic
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Yallah habibi, 6k above is good compared to paying double. Just do it.
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Old 27 June 2019, 12:40 PM   #8
AhmedMBS
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Yallah habibi, 6k above is good compared to paying double. Just do it.
That way dealer would become grey market seller not an AD, U get my point
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Old 27 June 2019, 12:44 PM   #9
Muxi
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It is none sense to be honest, he is charging 6000 dollars more than suggested price,contrary to the UAE dealer seddiki
I would do it if stock in on hand.
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Old 27 June 2019, 01:28 PM   #10
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I wish all AD's would do this. At least then I can buy a watch and know it's legit.
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Old 27 June 2019, 01:43 PM   #11
Seibei
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Are they allowed to Rolex Daytona to be specific, more than it is retail price? Yes

And how much it is retail price from ROLEX SA? Prices should be on the Rolex website for the Ad's country.

And if they did, what should be done? Nothing. They are not doing anything wrong.
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Old 27 June 2019, 09:29 PM   #12
Nairn1980
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Originally Posted by AhmedMBS View Post
It is none sense to be honest, he is charging 6000 dollars more than suggested price,contrary to the UAE dealer seddiki
Sounds like a good deal
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Old 27 June 2019, 09:32 PM   #13
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Originally Posted by AhmedMBS View Post
It is none sense to be honest, he is charging 6000 dollars more than suggested price,contrary to the UAE dealer seddiki
Have you tried to actually get one out of Seddiqi? I'd say you have zero chance unless you have some big contacts in which case $6k over retail actually sounds ok to me. Certainly given that they are selling in the US for much more than that.
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Old 27 June 2019, 09:33 PM   #14
beshannon
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It is none sense to be honest, he is charging 6000 dollars more than suggested price,contrary to the UAE dealer seddiki
So you do not want the watch?
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Old 28 June 2019, 04:57 AM   #15
AhmedMBS
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So you do not want the watch?
I got the watch already, but I was upset for the AD to charge this extra money as if they were a grey market shop.
It is not right.

This would've not happened if Rolex under Heiniger management.
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