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Old 13 January 2010, 01:12 AM   #1
BASSETHOUNDS
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Official announcement of price increase expected on Jan 20th

Hi ,
As I was just around the corner of my AD this morning I decided to pop in and get a free coffee . They have Nespresso ... what else ?
So I broke him the news about having bought a DJ2 in the US ( Davidsw ) and he said : well done , what else can I say ? He also said that Rolex Spain has not shipped any watch to him (nor to other AD's he is in contact with) since the second week of december . Spanish AD are all invited to Rolex Spain in Madrid on wednesday 20th but no specific reason was given . He said by experience these gatherings are only held for two reasons : presentation of a newly released model or price increase . Given that nothing new is coming out till Basel .... we can safely say it will be price increase . Spain will raise with 3% its VAT rate ( 16 to 19 ) on the 1 of june . So he expects that Rolex wants to fit in the price increase well before the VAT increase so both do not come at once .
He is not a happy camper , but I told him the clients won't be either
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Old 13 January 2010, 01:28 AM   #2
Speed
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More business for TRF sellers like DavidSW for new / like new watches I suppose.
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Old 13 January 2010, 01:31 AM   #3
sea-dweller
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3 %, 5%, ?, I'm curious...?
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Old 13 January 2010, 02:13 AM   #4
Ageing Orphan
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Glad I bought mine before Xmas. Retail price at 15% vat - £4360. Be interesting to see by how much they will raise prices. Will it be a Europe wide increase or individual price rise per Country??
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Old 13 January 2010, 03:25 AM   #5
BASSETHOUNDS
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Quote:
Originally Posted by Speed View Post
More business for TRF sellers like DavidSW for new / like new watches I suppose.
Indeed
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Old 13 January 2010, 03:30 AM   #6
esm
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good info!

so if i get a "good deal" in Spain this week/weekend, i should pull the trigger then?

was at my AD today to say a quick hi... and forgot to ask them about the "proposed" UK price hike.... im sure Chris (The GMT Master) will let us UK people know as soon as he finds out
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Old 13 January 2010, 03:33 AM   #7
BASSETHOUNDS
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Quote:
Originally Posted by esm View Post
good info!

so if i get a "good deal" in Spain this week/weekend, i should pull the trigger then?

was at my AD today to say a quick hi... and forgot to ask them about the "proposed" UK price hike.... im sure Chris (The GMT Master) will let us UK people know as soon as he finds out
You should always pull the trigger on a good deal regardless where you go
Where in Spain are you going ?
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