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newsboy · 28 April 2009, 04:43 AM

so does anybody know if there is to be a price inrease this week??????????????

langdalematt · 28 April 2009, 05:17 AM

I have been told that May 1st is the day and I have also been told something else quite interesting. Apparently in the UK, Rolex will no longer be taking deposits on new watches. You will have your name put on a list and then will get called in list order when a watch comes in. In reality we all know what this means and if you do not please do not ask me.

magnet_UK · 28 April 2009, 05:29 AM

Spoke to my local AD this morning and they've heard nothing yet but i'm guessing they're always the last to know.

worktolivelife · 28 April 2009, 05:30 AM

Mark was right on the Panerai increase

harvey · 28 April 2009, 05:33 AM

really does it matter?

newsboy · 28 April 2009, 05:55 AM

it matters if youve bought a watch to flip lol

Art 1 · 28 April 2009, 06:00 AM

Quote:

Originally Posted by harvey

really does it matter?

No.

newsboy · 28 April 2009, 06:14 AM

so how much is the increase rumoured to be on the mill

charliec · 28 April 2009, 06:16 AM

+ £1 -10000000000000000000000000000000000000000000000000 00.00

Pick a number ???

newsboy · 28 April 2009, 06:21 AM

maybe 10%

Welshwatchman · 28 April 2009, 06:25 AM

I heard that the impending price increase is due to the increased manufacturing cost of the Rolex box set.

Apparently it's shot up to lofty £0.89 per box to manufacture.

shelley · 28 April 2009, 06:37 AM

So is this in the UK only?

langdalematt · 28 April 2009, 06:38 AM

Most of the range are going up 8%. However the GMTIIC is going up to over 5k GBP. The Daytona 6100.

spogehead · 28 April 2009, 06:40 AM

Quote:

Originally Posted by harvey

really does it matter?

It does if you are looking to buy at the moment and want to beat any potential hike

langdalematt · 28 April 2009, 06:44 AM

UK only to my knowledge i do not have any info on markets outside the UK

MikeJaye · 28 April 2009, 06:59 AM

Quote:

Originally Posted by langdalematt

Most of the range are going up 8%. However the GMTIIC is going up to over 5k GBP. The Daytona 6100.

Do you know about the GMTIIC TT? I went to roles hq London today to get a insurance valuation...they didn't know of any price rise. They did say though if there was one in the next month they'd send me another certificate valuation for free...

flyback · 28 April 2009, 07:12 AM

Quote:

Originally Posted by langdalematt

I have been told that May 1st is the day and I have also been told something else quite interesting. Apparently in the UK, Rolex will no longer be taking deposits on new watches. You will have your name put on a list and then will get called in list order when a watch comes in. In reality we all know what this means and if you do not please do not ask me.

Okay - does anybody else know what this guy thinks he means?

timepieceaddict · 28 April 2009, 07:15 AM

Quote:

Originally Posted by langdalematt

Most of the range are going up 8%. However the GMTIIC is going up to over 5k GBP. The Daytona 6100.

RRP for SS Daytona is already £6170.
Are you 100% sure that there will be an increase?
Need to know because my GV is arriving in the next week.

Bond,JamesBond · 28 April 2009, 07:41 AM

As if 16610 will be retailing at over £4,000?!? Crazy - bought mine last autumn at £3090!

kayaker21 · 28 April 2009, 07:47 AM

Dealers in canada had knowledge of a price increase months in advance,but were not given the exact % until the day of.

PeterT · 28 April 2009, 07:47 AM

Quote:

Originally Posted by flyback

Okay - does anybody else know what this guy thinks he means?

When I ordered one of my watches I put a deposit down and it fixed the price. The rrp went up with one of the rises and so I had a good deal as I paid the pre increase price.
This move by rolex will stop this.

PeterT

timepieceaddict · 28 April 2009, 07:51 AM

Quote:

Originally Posted by PeterT

When I ordered one of my watches I put a deposit down and it fixed the price. The rrp went up with one of the rises and so I had a good deal as I paid the pre increase price.
This move by rolex will stop this.

PeterT

I have already paid a deposit on my GV so if there was to be a price increase would I still pay the old price as stated on my deposit receipt?

xcb5 · 28 April 2009, 01:04 PM

Quote:

Originally Posted by timepieceaddict

I have already paid a deposit on my GV so if there was to be a price increase would I still pay the old price as stated on my deposit receipt?

depends... if the watch is in stock, i'd say no. if you're waiting for delivery sometime in the future, i'd say you'd have to pay what the current retail price is going for.

put my deposit down on my PAM 292 1.5 years ago and the price has gone up $1700. still no word as to when i'll get it either.

MikeJaye · 28 April 2009, 04:21 PM

Quote:

Originally Posted by timepieceaddict

I have already paid a deposit on my GV so if there was to be a price increase would I still pay the old price as stated on my deposit receipt?

I'd say no too. I ordered a panerai back in feb, paid a deposit, agreed a price, received a receipt of my deposit with the agreed price on it. 6 weeks down the line was then told by the AD that the watch would not arrive before the next price rise and that when it does eventually arrive I would have to pay the increased price...even though we had already agreed a price. I called the OFT and even though I had proof of the agreed price the dealer legally doesn't have to stand by it if their t&c's say so. It's up to the consumer to check the t & c'S of sale. If I'd paid in full rather than just a deposit it would have been different.

No reason why rolex would be different to panerai. My advice if you're worried about paying the increased price on a pre ordered watch pay in full now.

082013 · 28 April 2009, 05:19 PM

Quote:

Originally Posted by Welshwatchman

Apparently it's shot up to lofty £0.89 per box to manufacture.

Same as an MP's bath plug then

Singslinger · 28 April 2009, 07:47 PM

Quote:

Originally Posted by flyback

Okay - does anybody else know what this guy thinks he means?

I do, but if I tell you, I might have to kill you.

Jeff in Florida · 28 April 2009, 08:33 PM

Basic contract law dictates that if you and the dealer agree on a price, its a done deal. Unless there is an agreement to the contrary, if an agreement is made and a deposit put down, the dealer has to eat the price increase.

If the dealer just puts your name on a list and calls you when a watch is available, that is a different matter, and you pay the current price.

PeterT · 28 April 2009, 09:10 PM

Quote:

Originally Posted by PeterT

When I ordered one of my watches I put a deposit down and it fixed the price. The rrp went up with one of the rises and so I had a good deal as I paid the pre increase price.
This move by rolex will stop this.

PeterT

The only bad news is that the VAT dropped to 15% from 17.5% bythe time that the watch arrived. I had to pay the order price which included 17.5% VAT and I am still fighting to get my money back on this.
Only a smallish amount but VAT goes to the government not the AD. They will have only contributed only 15% to the governments coffers on my sale.

Peter

MikeJaye · 29 April 2009, 05:28 AM

Quote:

Originally Posted by Jeff in Florida

Basic contract law dictates that if you and the dealer agree on a price, its a done deal. Unless there is an agreement to the contrary, if an agreement is made and a deposit put down, the dealer has to eat the price increase.

If the dealer just puts your name on a list and calls you when a watch is available, that is a different matter, and you pay the current price.

You'll find that law in the UK is not that simple. A price can be agreed on, but this subject to terms and conditions. As an AD the store should have it's standard terms and conditions which states the way it conducts it's business and goes about agreeing contracts. When a customer agrees a price with an AD (or any other retailer) is subject to the dealers terms and conditions. It is up to the customer to find out what the stores terms and conditions are and whether there are an clauses which allow the dealer to go back on an agreed price...such as the manufacturer increasing their price...

Ozzie · 29 April 2009, 05:43 AM

What is the point of these price increase threads?

Nobody knows, except Rolex they tell nobody!

28 April 2009, 04:43 AM	#1
newsboy "TRF" Member Join Date: Jan 2009 Location: UK Watch: SS White Daytona Posts: 1,060	Price Increase so does anybody know if there is to be a price inrease this week??????????????

28 April 2009, 05:17 AM	#2
langdalematt Member Join Date: Dec 2008 Real Name: Mark Location: London Watch: Rolex Deepsea Posts: 81	Yes I have been told that May 1st is the day and I have also been told something else quite interesting. Apparently in the UK, Rolex will no longer be taking deposits on new watches. You will have your name put on a list and then will get called in list order when a watch comes in. In reality we all know what this means and if you do not please do not ask me.

28 April 2009, 05:29 AM	#3
magnet_UK "TRF" Member Join Date: Oct 2008 Real Name: Simon Location: U.K. Posts: 253	Spoke to my local AD this morning and they've heard nothing yet but i'm guessing they're always the last to know. __________________ Rolex - 116520 ~ 116710LN ~ 16610LV \| Panerai - PAM00425 ~ PAM00557 \| Tudor 79220N \| Zenith EP Chronomaster 1969

28 April 2009, 05:30 AM	#4
worktolivelife "TRF" Member Join Date: Sep 2005 Location: UK Posts: 1,365	Mark was right on the Panerai increase __________________ MEMBER NO.142

28 April 2009, 05:33 AM	#5
harvey "TRF" Member Join Date: Apr 2008 Location: rolexforums.com Posts: 5,437	really does it matter? __________________ And ever has it been that love knows not its own depth until the hour of separation.

28 April 2009, 05:55 AM	#6
newsboy "TRF" Member Join Date: Jan 2009 Location: UK Watch: SS White Daytona Posts: 1,060	it matters if youve bought a watch to flip lol

28 April 2009, 06:14 AM	#8
newsboy "TRF" Member Join Date: Jan 2009 Location: UK Watch: SS White Daytona Posts: 1,060	so how much is the increase rumoured to be on the mill

28 April 2009, 06:16 AM	#9
charliec "TRF" Member Join Date: Nov 2008 Location: UK Posts: 969	+ £1 -10000000000000000000000000000000000000000000000000 00.00 Pick a number ??? __________________ Milgauss GV DSSD SS Daytona White Mid-size DJ Tudor 18ct Prince

28 April 2009, 06:21 AM	#10
newsboy "TRF" Member Join Date: Jan 2009 Location: UK Watch: SS White Daytona Posts: 1,060	maybe 10%

28 April 2009, 06:25 AM	#11
Welshwatchman "TRF" Member Join Date: Apr 2006 Real Name: Paul Location: Wales, UK Posts: 14,578	I heard that the impending price increase is due to the increased manufacturing cost of the Rolex box set. Apparently it's shot up to lofty £0.89 per box to manufacture. __________________ ..33

28 April 2009, 06:37 AM	#12
shelley "TRF" Member Join Date: Jul 2008 Location: NC Watch: Diamond Datejust Posts: 275	So is this in the UK only?

28 April 2009, 06:38 AM	#13
langdalematt Member Join Date: Dec 2008 Real Name: Mark Location: London Watch: Rolex Deepsea Posts: 81	Price Update Most of the range are going up 8%. However the GMTIIC is going up to over 5k GBP. The Daytona 6100.

28 April 2009, 06:44 AM	#15
langdalematt Member Join Date: Dec 2008 Real Name: Mark Location: London Watch: Rolex Deepsea Posts: 81	Price Update UK only to my knowledge i do not have any info on markets outside the UK

28 April 2009, 07:41 AM	#19
Bond,JamesBond "TRF" Member Join Date: Dec 2008 Real Name: Gordon Location: London, UK Watch: 16610 Posts: 45	As if 16610 will be retailing at over £4,000?!? Crazy - bought mine last autumn at £3090! __________________ Regards, 007 ------------------------------------------------------------- M Series Submariner 16610

28 April 2009, 07:47 AM	#20
kayaker21 "TRF" Member Join Date: Apr 2008 Location: Canada Watch: 5513 Posts: 1,798	price increase Dealers in canada had knowledge of a price increase months in advance,but were not given the exact % until the day of.

28 April 2009, 08:33 PM	#27
Jeff in Florida Member Join Date: Apr 2009 Real Name: Jeff Location: Florida Watch: Sub LV M series Posts: 86	Basic contract law dictates that if you and the dealer agree on a price, its a done deal. Unless there is an agreement to the contrary, if an agreement is made and a deposit put down, the dealer has to eat the price increase. If the dealer just puts your name on a list and calls you when a watch is available, that is a different matter, and you pay the current price.

29 April 2009, 05:43 AM	#30
Ozzie "TRF" Member Join Date: Oct 2008 Location: London UK Watch: Daytona 116520 WD Posts: 143	What is the point of these price increase threads? Nobody knows, except Rolex they tell nobody! __________________ Daytona 116520 WD GMT Pepsi 16700 Sea Dweller 16600 Sub Date 16610 Panerai PAM 111

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