ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

SkyKing31 · 29 September 2011, 10:55 AM

Quote:

Originally Posted by eVojlib

Wow, just had a price increase less than a year ago and already another coming up.

Im in the wrong business ;)

I thought this was a second increase in less than a year

humvee · 29 September 2011, 12:04 PM

Lets hope the DSSD crosses the $11K mark!

NEW · 29 September 2011, 12:20 PM

Oct. 15. was the date I was told, but who knows.

Andad · 29 September 2011, 01:08 PM

Quote:

Originally Posted by Lol-x

So that isn't good news, but that's the way things go I guess

5% year after year certainly ratchets up the price after a few years

as it's 5% on 5% on 5% so in dollar terms ever price increase is a higher net dollar amount assuming the same percentage increase is applicable

I think I agree with you Stevo.

eman1200 · 29 September 2011, 01:20 PM

I'm sure this topic comes up a lot, and maybe this has been said before, but in my opinion, people who own a rolex don't mind increases as that should help the resale value of their watch. People who don't own one, like me (yet) hate price increases more than anything.

franzy · 29 September 2011, 01:41 PM

They can ask whatever they want retail. I plan on purchasing my future rolex (s

) gently used here on TRF. They must do a lot of business during the holidays.

masterserg · 29 September 2011, 01:42 PM

Quote:

Originally Posted by eman1200

I'm sure this topic comes up a lot, and maybe this has been said before, but in my opinion, people who own a rolex don't mind increases as that should help the resale value of their watch. People who don't own one, like me (yet) hate price increases more than anything.

People who own a Rolex want more Rolexes ...

43builder · 29 September 2011, 01:47 PM

Quote:

Originally Posted by humvee

Lets hope the DSSD crosses the $11K mark!

i would think so...and now that i have been wearing mine for 2 weeks now, it would be nice to be wearing an 11k rolex!

also good because i bought it 2 weeks ago. the price increase was what made me jump on it originally

Rani Drama · 29 September 2011, 01:51 PM

Quote:

Originally Posted by eric23

I would think so, Paneria and Patek both just went up this month 10% at my AD and I think it will be 10% here becuase we did not get one last year!

Sure hope they don't in canada. Was thinking of getting a daytona if i can haggle some more with my AD. If it goes up i might as well just give up on it.

Grissom · 29 September 2011, 01:54 PM

Pretty soon, there won't be a sub $10,000.00 Rolex to be had!

43builder · 29 September 2011, 01:55 PM

Quote:

Originally Posted by Grissom

Pretty soon, there won't be a sub $10,000.00 Rolex to be had!

i knew that day would come.....

sad to see!

MY-WATCH · 29 September 2011, 01:58 PM

Already

Fiddy · 29 September 2011, 02:16 PM

Price increase only in USA or around the world???

Speed · 29 September 2011, 02:32 PM

All over.

Everywhere.

ingoodtime · 29 September 2011, 05:20 PM

Seems like pure greed to me on then part of Rolex. But until people slow down buying, prices will continue the upward climb. While some say two is not a collection, two is it for me, with Regards to Rolex anyway. I may have to return to enjoying other less expensive brands as I did prior to owning Rolex.

kilyung · 29 September 2011, 05:24 PM

Every brand seems to be raising prices in the next couple of months.

Puffy · 29 September 2011, 05:49 PM

bayerische · 29 September 2011, 07:07 PM

Awesome!

Makes my new Expy 2 worth more!

Cru Jones · 29 September 2011, 08:58 PM

it's only fair. i get raises two or three times a year, too, so, rolex is just trying to keep up.

humvee · 29 September 2011, 11:38 PM

Quote:

Originally Posted by 43builder

i would think so...and now that i have been wearing mine for 2 weeks now, it would be nice to be wearing an 11k rolex!

also good because i bought it 2 weeks ago. the price increase was what made me jump on it originally

You stole the words out of my mouth! I did the same for the same reason and it would be great to see an $11K watch on my wrist but know what a good price I paid. It is a feeling of watching a traffic jam from a very high point. It is fun to realize you are not in it!

never2late · 29 September 2011, 11:44 PM

Quote:

Originally Posted by eVojlib

Wow, just had a price increase less than a year ago and already another coming up.

Im in the wrong business ;)

Wasn't the increase in May of this year (2011)?

dooder202 · 29 September 2011, 11:45 PM

Quote:

Originally Posted by jizeal

Just got a call from 2 different ADs from 2 different regions in the USA. The both said that Rolex sent them a letter saying that there is a 5% increase across the line. The same ADs were spot on the figures and dates last time.

That is absolutely crazy. They are out of control with these price increases. That is 13% since May. So a SS Black Ceramic 116610 sub retails at $8400. Ridiculous to say the least. Definitely looking into other brands now.

humvee · 29 September 2011, 11:59 PM

I think they are becoming more out of reach of the common middle class people. But this will definitely give them more exclusivity I think and less market saturation. When you have a watch that will most likely cost you $10,000 out the door with taxes and all, you really think long and hard about buying it and wanting it.

Wearing a $5,000 watch is not as disturbing to the psyche as wearing a $10,000 watch -- it is just a mental thing about numbers-- that's the number,
TEN THOUSAND that really screams in the head and keeps you from purchasing, like a mental block fo somekind.

It is not just watches but everything in general is going up in price. The world has changed and is constantly changing. Not fair to blame Rolex. They will raise prices to see waht the marekt will bear. EVen crappy watches are now in the $100+ range.

00Seven · 30 September 2011, 01:27 AM

Damn.

agsstructures · 30 September 2011, 01:33 AM

Quote:

Originally Posted by dooder202

That is absolutely crazy. They are out of control with these price increases. That is 13% since May. So a SS Black Ceramic 116610 sub retails at $8400. Ridiculous to say the least. Definitely looking into other brands now.

The crazy part is everytime I look at other brands on different forums the topic always seems to be about price increases. I think every major watch brand including IWC, JLC, AP, Breitling and Omega has had a price increase or two in the past six months. I am almost positive I am missing brands also. Watch collecting is becoming very expensive and is getting more and more out of reach for many including myself! Might have to stick to the pre owned market.

rohardi · 30 September 2011, 02:44 AM

Quote:

Originally Posted by rodrob59

Got my new one the day before the last price increase in May. The rest will only be new to me.

I got mine a few weeks befor the May increase. I paid $7,000, with a MSRP of $7250. So do they intend on raising prices $1200 every year on a SUB????

rtan · 30 September 2011, 05:28 AM

Quote:

Originally Posted by rohardi

I got mine a few weeks befor the May increase. I paid $7,000, with a MSRP of $7250. So do they intend on raising prices $1200 every year on a SUB????

judging from the price history shown here, I'd say your prediction is close...
http://www.minus4plus6.com/PriceEvolution.htm

might see the 116610 hit $9000 by the end of 2012... or even the 116710 since the price difference is now just $100 between the two models...

kultschar · 30 September 2011, 09:40 AM

Quote:

Originally Posted by rtan

judging from the price history shown here, I'd say your prediction is close...
http://www.minus4plus6.com/PriceEvolution.htm

might see the 116610 hit $9000 by the end of 2012... or even the 116710 since the price difference is now just $100 between the two models...

Wow - that really is depressing looking at that chart

kilyung · 30 September 2011, 09:54 AM

Where's the Swatch sub-forum? At least those are still somewhat affordable.

tucsonrick · 30 September 2011, 11:38 AM

So, over the years (a lot of years, like 45) my wife and I accumulated 2 Rolexes each and wore them daily. Rolex has always been a little expensive but the price could be rationalized. This year, I was looking for another watch for my wife. Rolex prices were too high; then they did an 8% price increase and the prices became very unreasonable. We selected a nice Tag Heuer, the first non-Rolex we've bought. I may buy another used Rolex but I'll never buy another new one. From my perspective, Rolex prices have gone beyond high to insane. I would need a lot more money than I make today to buy Rolexes; and then, I'm not sure they're worth that.

29 September 2011, 12:20 PM	#33
NEW "TRF" Member Join Date: Aug 2010 Location: Free Watch: MANY Posts: 373	Oct. 15. was the date I was told, but who knows. __________________ Time is one thing you will never have enough of, so keep track with a nice watch.

29 September 2011, 01:41 PM	#36
franzy "TRF" Member Join Date: Jul 2011 Real Name: Tom Location: USA Posts: 1,264	They can ask whatever they want retail. I plan on purchasing my future rolex (s) gently used here on TRF. They must do a lot of business during the holidays.

29 September 2011, 01:54 PM	#40
Grissom "TRF" Member Join Date: Oct 2010 Real Name: Nathan Location: US, Latin America Watch: GMT IIc 18K/SS Posts: 3,349	Pretty soon, there won't be a sub $10,000.00 Rolex to be had! __________________ *(Member NAWCC since 1976)* 116713LN GMT-IIc 18k/SS (Z) + 116520 SS Daytona (M) + 16700 GMT Master (A) + 16610LV Submariner (V) + 16600 Sea Dweller (Z) + 116400 Milgauss White Dial (V) + 70330N Tudor Heritage Chronograph Grey w/Black Sub Dials (J) + 5513 Submariner Serif Dial (5.2 Mil) Who else needs an Intervention? (109 297) (137 237) (73 115) (221) (23) (56) (229) P-Club Member #5 RIP JJ Irani - TRF Legend

29 September 2011, 02:16 PM	#43
Fiddy "TRF" Member Join Date: Aug 2011 Location: Asia Watch: PP AP PAM ROLEX Posts: 495	Price increase only in USA or around the world??? __________________ *TRF AP OWNERS CLUB*

29 September 2011, 05:20 PM	#45
ingoodtime "TRF" Member Join Date: Sep 2008 Location: USA Posts: 2,834	Seems like pure greed to me on then part of Rolex. But until people slow down buying, prices will continue the upward climb. While some say two is not a collection, two is it for me, with Regards to Rolex anyway. I may have to return to enjoying other less expensive brands as I did prior to owning Rolex. __________________ Lee

29 September 2011, 12:04 PM	#32
humvee Banned Join Date: Sep 2011 Location: Los Angeles Posts: 451	Lets hope the DSSD crosses the $11K mark!

29 September 2011, 01:20 PM	#35
eman1200 "TRF" Member Join Date: Sep 2011 Location: charlotte Posts: 730	I'm sure this topic comes up a lot, and maybe this has been said before, but in my opinion, people who own a rolex don't mind increases as that should help the resale value of their watch. People who don't own one, like me (yet) hate price increases more than anything.

29 September 2011, 01:58 PM	#42
MY-WATCH "TRF" Member Join Date: Jul 2010 Real Name: Sala hu din Location: N/A Posts: 1,782	Already

29 September 2011, 02:32 PM	#44
Speed "TRF" Member Join Date: Aug 2009 Location: USA Posts: 19,706	All over. Everywhere.

29 September 2011, 05:24 PM	#46
kilyung 2024 SubLV41 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,940	Every brand seems to be raising prices in the next couple of months.

29 September 2011, 05:49 PM	#47
Puffy "TRF" Member Join Date: Oct 2009 Location: Here and there Posts: 12,485	__________________ Fine Quality is Long Remembered After the Pain of Spending Money is Forgotten

29 September 2011, 07:07 PM	#48
bayerische "TRF" Member Join Date: Nov 2009 Real Name: Andreas Location: Margaritaville Watch: Smurf Posts: 19,879	Awesome! Makes my new Expy 2 worth more! __________________ Yeah, well, you know, that's just, like, your opinion, man.

29 September 2011, 08:58 PM	#49
Cru Jones 2024 SubLV41 Pledge Member Join Date: Mar 2010 Location: Paris, France Posts: 35,300	it's only fair. i get raises two or three times a year, too, so, rolex is just trying to keep up.

29 September 2011, 11:59 PM	#53
humvee Banned Join Date: Sep 2011 Location: Los Angeles Posts: 451	I think they are becoming more out of reach of the common middle class people. But this will definitely give them more exclusivity I think and less market saturation. When you have a watch that will most likely cost you $10,000 out the door with taxes and all, you really think long and hard about buying it and wanting it. Wearing a $5,000 watch is not as disturbing to the psyche as wearing a $10,000 watch -- it is just a mental thing about numbers-- that's the number, TEN THOUSAND that really screams in the head and keeps you from purchasing, like a mental block fo somekind. It is not just watches but everything in general is going up in price. The world has changed and is constantly changing. Not fair to blame Rolex. They will raise prices to see waht the marekt will bear. EVen crappy watches are now in the $100+ range.

30 September 2011, 01:27 AM	#54
00Seven "TRF" Member Join Date: Oct 2010 Real Name: Nick Location: Kennesaw, GA Watch: Omega Posts: 825	Damn.

30 September 2011, 09:54 AM	#59
kilyung 2024 SubLV41 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,940	Where's the Swatch sub-forum? At least those are still somewhat affordable.

30 September 2011, 11:38 AM	#60
tucsonrick "TRF" Member Join Date: Feb 2011 Location: Arizona Posts: 106	So, over the years (a lot of years, like 45) my wife and I accumulated 2 Rolexes each and wore them daily. Rolex has always been a little expensive but the price could be rationalized. This year, I was looking for another watch for my wife. Rolex prices were too high; then they did an 8% price increase and the prices became very unreasonable. We selected a nice Tag Heuer, the first non-Rolex we've bought. I may buy another used Rolex but I'll never buy another new one. From my perspective, Rolex prices have gone beyond high to insane. I would need a lot more money than I make today to buy Rolexes; and then, I'm not sure they're worth that.

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