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16 January 2013, 01:56 AM | #31 |
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I was at my AD yesterday and he said that a high volume ad in Maui told him of an increase in jan. :-( also Tudor is on its way to the USA :-)
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16 January 2013, 02:00 AM | #32 | |
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Experts? |
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16 January 2013, 02:02 AM | #33 | |
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To your question... I don't know if it's "true" that AD's are supposed to do that but it is TRUE that thats what my AD did for me. I welcome the time someone calls me a liar...cause I got the receipt to prove it! (Not sayin' you are) |
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16 January 2013, 02:12 AM | #34 |
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Been hearing this for years from local ADs so I'll believe it when I see it.
Pre-owned prices still haven't caught-up with some models on the last increases. For example, I can still find a mint 216570 for $6500. As most of us know the general rule with Rolex is if you are in a position to buy and have always wanted a Rolex fresh from the AD then the time to buy is NOW! |
16 January 2013, 02:25 AM | #35 | |
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I'm interested in buying a SD, which is a discontinued model, which is why I'm interested. |
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16 January 2013, 02:26 AM | #36 |
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16 January 2013, 02:28 AM | #37 | |
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GMT MASTER 16710 AKA THE XHYPE |
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16 January 2013, 03:43 AM | #38 |
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All of them really with the possible exception to the Daytona if you search the classifieds. I can find a 116610 with a larger percentage gap from MSRP than a 216570 on the first page alone. Not to say it couldn't be the other way around but they're both clearly well below MSRP. Even then the resale of the Daytona has only caught-up a little. If a Daytona loses its stickers and so much as graces the new owners risk it's lost $1000-$1500 of it's retail price.
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16 January 2013, 03:50 AM | #39 |
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AD's don't know. It's that simple. Their rep may leak that they think that it'll be coming soon, but the long and short of it is that they don't know until the envelope arrives from Rolex with the new price book inside.
With both the October and June increases these past two years, there wasn't any advance warning from Rolex before the lists were received, and it was that same time that we received information from our Rep confirming the increase. Rumors are great, but I'll put it this way. We're the largest (By pieces sold and value sold) dealer in the United States. We don't know when the next price increase will be. We also don't know for sure if Tudor will be coming back. If WE don't know, then it's a safe bet that no on else does either. |
16 January 2013, 03:59 AM | #40 |
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Did you buy?
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16 January 2013, 04:20 AM | #41 | |
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So if an AD is adjusting prices on discontinued models to match current increases (8% in this case) I would report it to RUSA and see what they have to say about it |
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16 January 2013, 04:22 AM | #42 | |
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This!!! |
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16 January 2013, 04:28 AM | #43 | |
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Remember inventory that remains in stock costs the AD money.
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16 January 2013, 04:57 AM | #44 | |
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They price it high enough where it remains an aspirational purchase but low enough where it's still obtainable. I can show you off-the-rack dress shirts in the four digits, shoes in the five digits, and evening gowns in the mid-six digits. None of which have problems selling at full price. As Rolex continues to increase prices that many of us think are unsustainable, they might not be focusing on the number of units sold rather margin per unit. |
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16 January 2013, 05:31 AM | #45 | |
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Although the US and some countries in the Europe are experiencing some kind of recession/unemployment, there are other countries creating more wealth for people, such as China. (I've seen Chinese tourist buy at MSRP in bulk of purses and other luxury items...because to them it is a great deal when luxury goods are taxed at extremely high within China and also to have a peace of mind that they're not getting counterfeit goods...ironic but true). Rolex also be adjusting for "inflation" and the increased costs of raw materials/labor/transportation as well. Further, the wealthy stays wealthy and won't be affected by the price increase. Price increases hurt the middle class the most as the opportunity cost of purchasing one luxury good means forgoing another luxury good...sigh... |
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16 January 2013, 06:57 AM | #46 | |
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SS Sub Date (F) DSSD (V) Red Sub (Mk4) TRF Hall of Fame |
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16 January 2013, 07:00 AM | #47 |
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The longer you wait the more you pay. However you get the new technology. For instance I wanted the blue face sub more than anything back in 2007/08. Then the ceramic came out... Boy I'm glad I waited.... I bought the DJIi green slate. Worth the wait
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16 January 2013, 07:26 AM | #48 | |
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Quite how it's a suspicious comment I don't know. I'm merely quoting almost verbatim what I was told. I very much hope I'm wrong about a price increase. Aren't I correct in thinking prices are increased twice a year. Once in Q1 and again later in the year? |
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16 January 2013, 07:45 AM | #49 | |
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Last four price increases. October 2008 September 2010 May 2011 June 2012 There were two price increases in 2008. That's the only time there have ever been two. Price increases happen around once a year and Rolex have gone a few years without price increases in the past most recently Oct 08 to September 2010. If you've just been deceived by an AD then I apologise. What you put down was rubbish though so if your AD is saying that to you I recommend you stop using him as he is is being a bit of a scumbag. The prices will increase in America before the increase in the UK. Watch this forum and you will see the prices come to America. That's when you start worrying about the UK. Although I don't expect it, I wouldn't be surprised if we got to May and the price increase still hadn't happened. I'm pretty sure sales aren't great atm, based on what the sales person at my AD had to say. |
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16 January 2013, 07:52 AM | #50 | |
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Todd B. in the OC |
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16 January 2013, 09:17 AM | #51 |
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isnt price increases a yearly thing?
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16 January 2013, 09:25 AM | #52 |
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Don't be negative, try to be positive.
The sooner you get one the less you'll pay.
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When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
16 January 2013, 09:28 AM | #53 |
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These threads come up all the time.
Luxury watch prices tend to go in one direction only people.
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16 January 2013, 11:31 AM | #54 |
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ive read this thread
and still have to ask so is there a price increase? |
16 January 2013, 11:42 AM | #55 |
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Much to learn you have!
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16 January 2013, 11:44 AM | #56 |
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I got my GMTIIc for 7,995 in 2012. So at msrp of 8,450 and an 8% increase puts it at $9,126...
Screw stocks and hedge funds, I am buying rolex futures.
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16 January 2013, 12:19 PM | #57 |
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What's interesting to me is the speed with which the submariner has increased in price. My dad bought his first SS sub for $2500 in 1986 brand new. He was with me in 2003 when I bought my first SS sub brand new for $4250. So in 17 years it basically doubled in price. I bought another SSsub in 2006 for $4550. I'm not sure what the current price is for a sub, but it is over $8k, I think. So it has come close to doubling again in about seven years.
Any bets on whether or not it will double again in 3.5 years? :) |
16 January 2013, 04:54 PM | #58 | |
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Ummm...Yes! Errrr.....well maybe soon... On second thought perhaps later... Well, I was never really sure, I thought I overheard talk of one. I don't know where this price increase talk started. Why, now that I think of it, probably not. And I'm sure now, no never! * One of the above applies.
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Does anyone really know what time it is? |
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16 January 2013, 04:56 PM | #59 | |
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Now I'm completely confused.
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When it captures your imagination, that's when you know you have found your passion. Loyal Foot Soldier of The Nylon Nation. Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons |
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16 January 2013, 04:57 PM | #60 |
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So wait... is it actually going up another 8% or is this more hearsay hearsay?
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