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astcell · 1 October 2008, 12:47 PM

I may visit an AD in Toronto tomorrow. Then again 15% taxes do not sound good. I think I get a partial refund when I leave the country though.

Yume-sama · 1 October 2008, 12:49 PM

Quote:

Originally Posted by astcell

I may visit an AD in Toronto tomorrow. Then again 15% taxes do not sound good. I think I get a partial refund when I leave the country though.

Depending what you buy it could be better to find a cheap flight to Alberta and only pay 5%

You certainly wouldn't be alone...

astcell · 1 October 2008, 01:02 PM

Quote:

Originally Posted by Felly Jr.

I just found out the GV's are staying at $6,575 US.

Wow I didn't pay that much....

Felly Jr. · 1 October 2008, 01:03 PM

Quote:

Originally Posted by astcell

Wow I didn't pay that much....

The first one's I bought were $6,250.

cikez5252 · 1 October 2008, 01:05 PM

Quote:

Originally Posted by 14060man

Is the Explorer II going up in price too?

Anybody know?

superman · 1 October 2008, 01:06 PM

Quote:

Originally Posted by mfer

Doesn't matter to me. I can't afford anything right now.

*sigh*

I guess they are still selling despite the market. Just means it will be longer until I can afford another.

LOL! i was gonna say....

viper · 1 October 2008, 01:26 PM

Quote:

Originally Posted by mfer

Well, I've been lurking on this forum for 3 years now. Wasn't a member early on, and it is the same thing EVERY time there is a price increase.

Sad thing is, we will all get used to the prices and everything will somehow be fine in a few months. We will be talking about our new Daytona and Sub purchase etc. Don't forget, that these yearly (or less) increases are what keeps our older Rolex increasing in value. Isn't that one of the reasons we like these so much?????

X2

gmh1013 · 1 October 2008, 03:20 PM

Does not matter, I replaced all my Kitchen Appliances this weekend at sears,
we even have a trash compactor and the price for all this stainless wonders
was about the same one Daytona.
My wife is happy too, I just hope it will oneday add value to the house because there
WENT my Daytona, todo para ti

GBJIV · 1 October 2008, 04:01 PM

AD indicated today that just the Professionals are going up... Daytona going up the most - $750.00 I think. Price increase was announced with very little warning is my understanding.

C. Davidson · 1 October 2008, 04:35 PM

Quote:

Originally Posted by GBJIV

AD indicated today that just the Professionals are going up... Daytona going up the most - $750.00 I think. Price increase was announced with very little warning is my understanding.

X2. My AD was "surprised" when they recieved their updated price book.

chicagowatchman · 1 October 2008, 04:38 PM

Quote:

Originally Posted by viper

X2

X4

wuzzzer · 1 October 2008, 04:43 PM

100% official there will be a price increase October 1st. As far as it looks no Datejusts, Air-Kings, Presidents, etc are affected at all. Seems to be the Professional models only. As others have said the SS Daytona appears to have the largest jump in price. All others have gone up approximately $200-$300.

rescue7 · 1 October 2008, 09:21 PM

Quote:

Originally Posted by astcell

I may visit an AD in Toronto tomorrow. Then again 15% taxes do not sound good. I think I get a partial refund when I leave the country though.

Taxes in Ontario are 13%, 8% pst and 5% gst.

Where you buying and being charged 15% taxes, I recall VAT in the European Union is 17% which is fully refundable if you live outside the union.

Rolex997 · 1 October 2008, 09:58 PM

Well, considering that Rolex watches are purely "luxury" items...price increases shouldn't be a big deal. If you are able or willing to spend $6000 on a watch, $6400 shouldn't matter. As for the Daytona, It's only a matter of time before Rolex put the price up again and again...lol...to at least match or surpass the GM prices. After all, that has been money that Rolex has "left on the table" and could have been putting in their own pockets instead of flipper's. In my mind, it's a good business decision to increase prices if you can get it. After all if the price increases on a Daytona by $750 and they sell 2000 (just a random number) of them, that's an extra $1.5 mil for doing nothing....not bad for one model in bad economic times. That being said, no one likes spending extra...myself included...but if gas, food and everything else (that is needed) can go up, why not luxury items that aren't "needed".
Just my 2 cents...have a great day everyone!

kenco · 1 October 2008, 10:43 PM

Quote:

but if gas, food and everything else (that is needed) can go up, why not luxury items that aren't "needed".

Futher to what Rolexx997 said, I dont see what everyone is complaining about since it's not like all the other luxury watch brands never increase their prices. It's not only Rolex that increase their prices, AP, Panerai, Breitling all do it, and often awsell!

Slieverue · 1 October 2008, 11:28 PM

To follow up from my post yesterday, brother-in-law bought and paid for M serial SD. Paid £3200.

Phoned back today to arrange collection etc and the AD told him that everything had gone up [B]15%[B]. That is well above what everyone else was talking about. That's a lot of dosh!!!

Now makes the SD £3770 rrp - WOWOWOWOW

mfer · 1 October 2008, 11:39 PM

Quote:

Originally Posted by viper

X2

Quote:

Originally Posted by chicagowatchman

X4

Thanks guys!

mfer · 1 October 2008, 11:41 PM

Quote:

Originally Posted by Rolex997

Well, considering that Rolex watches are purely "luxury" items...price increases shouldn't be a big deal. If you are able or willing to spend $6000 on a watch, $6400 shouldn't matter. As for the Daytona, It's only a matter of time before Rolex put the price up again and again...lol...to at least match or surpass the GM prices. After all, that has been money that Rolex has "left on the table" and could have been putting in their own pockets instead of flipper's. In my mind, it's a good business decision to increase prices if you can get it. After all if the price increases on a Daytona by $750 and they sell 2000 (just a random number) of them, that's an extra $1.5 mil for doing nothing....not bad for one model in bad economic times. That being said, no one likes spending extra...myself included...but if gas, food and everything else (that is needed) can go up, why not luxury items that aren't "needed".
Just my 2 cents...have a great day everyone!

Agreed 100%. Don't get me wrong. I don't like the idea that my next Rolex is going to cost me more and more. I want 'em cheap, but it is a LUXURY....

Guess I don't have to have a third. I'm lucky to have two.

Ivy League · 2 October 2008, 12:33 AM

Any updates from Canadian AD's please ?
Thanks

astcell · 2 October 2008, 12:49 AM

Quote:

Originally Posted by rescue7

Taxes in Ontario are 13%, 8% pst and 5% gst.

Where you buying and being charged 15% taxes, I recall VAT in the European Union is 17% which is fully refundable if you live outside the union.

I was rounding off, I have only been here a few days.

crimscrem · 2 October 2008, 03:29 AM

Quote:

Originally Posted by Rolex997

Well, considering that Rolex watches are purely "luxury" items...price increases shouldn't be a big deal. If you are able or willing to spend $6000 on a watch, $6400 shouldn't matter. As for the Daytona, It's only a matter of time before Rolex put the price up again and again...lol...to at least match or surpass the GM prices. After all, that has been money that Rolex has "left on the table" and could have been putting in their own pockets instead of flipper's. In my mind, it's a good business decision to increase prices if you can get it. After all if the price increases on a Daytona by $750 and they sell 2000 (just a random number) of them, that's an extra $1.5 mil for doing nothing....not bad for one model in bad economic times. That being said, no one likes spending extra...myself included...but if gas, food and everything else (that is needed) can go up, why not luxury items that aren't "needed".
Just my 2 cents...have a great day everyone!

Quote:

Originally Posted by mfer

Agreed 100%. Don't get me wrong. I don't like the idea that my next Rolex is going to cost me more and more. I want 'em cheap, but it is a LUXURY....

Guess I don't have to have a third. I'm lucky to have two.

I used to agree, but not think there are consequences. Sure the super rich will continue to buy. But people in my situation won't. It just doesn't make much sense anymore (arguably didn't make sense to begin with). I think this hurts Rolex with customers that plan to buy more than one more than those who are saving to buy their first. and if this board is at all indicative of rolex owners, you can't buy just one . . . unless you get priced out.

Rolex997 · 2 October 2008, 04:20 AM

I guess it all comes back to the point that Rolex sell every watch they make. If this were not the case, a price increase would not work but it seems that the public is still able to accept higher prices for their product. They don't care if you and I buy them or Donald Trump as long as they sell...plus, I don't think the average working class guy/gal is their target group.
Why does it cost me $500 if I want to go watch a Maple Leaf game but I can see an infinitely better hockey team play in Pittsburg for $160? It's whatever the market will accept....and with the Rolex name, they feel there is still room to move.

ccyip · 2 October 2008, 05:20 AM

Quote:

Originally Posted by Ivy League

Any updates from Canadian AD's please ?
Thanks

I asked a Vancouver AD yesterday (Sep 30) but I was told no price increase on Oct 1st.

ayecarumba · 2 October 2008, 07:45 AM

Just came from AD with my buddy in tow and he walked out with a beautiful new Deep Sea...$9250 USD MSRP....I had read it was gonna be $8970-ish so I believe it may have gone up in the past day or two? Man, that was a sweet watch...Much more impressed after seeing it in person than I was seeing the press releases and photos so far....

Yume-sama · 2 October 2008, 08:03 AM

Quote:

Originally Posted by ccyip

I asked a Vancouver AD yesterday (Sep 30) but I was told no price increase on Oct 1st.

Yep, no price increase in Canada.

Art161 · 2 October 2008, 09:15 AM

I just returned home from SF RSC. My TT DJ with Jubilee bracelet that had an MSRP of $8750 now has an MSRP of $9050. I saw the old and new price lists myself. When I got home, I called my insurance broker to increase the amount of coverage. Then I came here to spread the word.

tphan · 2 October 2008, 10:36 AM

I am 101% sure my AD will call regarding a white dial ss daytona

chicagowatchman · 2 October 2008, 10:37 AM

Quote:

Originally Posted by tphan

I am 101% sure my AD will call regarding a white dial ss daytona

wuzzzer · 2 October 2008, 10:37 AM

Quote:

Originally Posted by Art161

I just returned home from SF RSC. My TT DJ with Jubilee bracelet that had an MSRP of $8750 now has an MSRP of $9050. I saw the old and new price lists myself. When I got home, I called my insurance broker to increase the amount of coverage. Then I came here to spread the word.

There was no price increase on Datejust models.

tphan · 2 October 2008, 11:54 AM

Quote:

Originally Posted by chicagowatchman

Yep, I am sure they will call in next couple weeks...

Oh well...too late...already got it

I am done buying watches...period.

1 October 2008, 12:47 PM	#91
astcell "TRF" Member Join Date: Aug 2006 Real Name: Robert Location: Angelus Oaks, CA Watch: 116713 Posts: 6,828	I may visit an AD in Toronto tomorrow. Then again 15% taxes do not sound good. I think I get a partial refund when I leave the country though. __________________ SS GMTII "D", TT GMTIIc "Z"

1 October 2008, 04:01 PM	#99
GBJIV "TRF" Member Join Date: Jun 2008 Real Name: Jackson Location: So. California Posts: 2,893	AD indicated today that just the Professionals are going up... Daytona going up the most - $750.00 I think. Price increase was announced with very little warning is my understanding. __________________ Jackson

1 October 2008, 09:58 PM	#104
Rolex997 Member Join Date: Sep 2008 Location: Toronto Posts: 49	price increase... Well, considering that Rolex watches are purely "luxury" items...price increases shouldn't be a big deal. If you are able or willing to spend $6000 on a watch, $6400 shouldn't matter. As for the Daytona, It's only a matter of time before Rolex put the price up again and again...lol...to at least match or surpass the GM prices. After all, that has been money that Rolex has "left on the table" and could have been putting in their own pockets instead of flipper's. In my mind, it's a good business decision to increase prices if you can get it. After all if the price increases on a Daytona by $750 and they sell 2000 (just a random number) of them, that's an extra $1.5 mil for doing nothing....not bad for one model in bad economic times. That being said, no one likes spending extra...myself included...but if gas, food and everything else (that is needed) can go up, why not luxury items that aren't "needed". Just my 2 cents...have a great day everyone!

2 October 2008, 07:45 AM	#114
ayecarumba "TRF" Member Join Date: May 2008 Real Name: Paul Location: ATL Watch: the one I'm wearin Posts: 526	Just came from AD with my buddy in tow and he walked out with a beautiful new Deep Sea...$9250 USD MSRP....I had read it was gonna be $8970-ish so I believe it may have gone up in the past day or two? Man, that was a sweet watch...Much more impressed after seeing it in person than I was seeing the press releases and photos so far.... __________________ "Whether we wake or we sleep, Whether we carol or weep, The Sun with his planets in chime, Marketh the going of Time." --Edward Fitzgerald

2 October 2008, 09:15 AM	#116
Art161 "TRF" Member Join Date: Jun 2008 Real Name: Art Location: San Francisco Watch: Sundial Posts: 2,266	I just returned home from SF RSC. My TT DJ with Jubilee bracelet that had an MSRP of $8750 now has an MSRP of $9050. I saw the old and new price lists myself. When I got home, I called my insurance broker to increase the amount of coverage. Then I came here to spread the word. __________________ Rolex SS Oyster Perpetual no date, TT Datejust Member #13992 HM Power to the Superlative Panda, officially certified! HMPanda eats, shoots and leaves. Rolexers do it with perpetual movements.

1 October 2008, 03:20 PM	#98
gmh1013 Banned Join Date: Jun 2008 Real Name: greg Location: Tempe AZ Watch: GMT Posts: 5,703	Does not matter, I replaced all my Kitchen Appliances this weekend at sears, we even have a trash compactor and the price for all this stainless wonders was about the same one Daytona. My wife is happy too, I just hope it will oneday add value to the house because there WENT my Daytona, todo para ti

1 October 2008, 04:43 PM	#102
wuzzzer "TRF" Member Join Date: Apr 2008 Location: USA Posts: 384	100% official there will be a price increase October 1st. As far as it looks no Datejusts, Air-Kings, Presidents, etc are affected at all. Seems to be the Professional models only. As others have said the SS Daytona appears to have the largest jump in price. All others have gone up approximately $200-$300.

1 October 2008, 11:28 PM	#106
Slieverue Member Join Date: Sep 2008 Real Name: Tony Location: Aberdeen Watch: Sea-Dweller Posts: 31	To follow up from my post yesterday, brother-in-law bought and paid for M serial SD. Paid £3200. Phoned back today to arrange collection etc and the AD told him that everything had gone up [B]15%[B]. That is well above what everyone else was talking about. That's a lot of dosh!!! Now makes the SD £3770 rrp - WOWOWOWOW

2 October 2008, 12:33 AM	#109
Ivy League Banned Join Date: Oct 2007 Location: Earth Watch: 116710LN Posts: 448	Any updates from Canadian AD's please ? Thanks

2 October 2008, 04:20 AM	#112
Rolex997 Member Join Date: Sep 2008 Location: Toronto Posts: 49	I guess it all comes back to the point that Rolex sell every watch they make. If this were not the case, a price increase would not work but it seems that the public is still able to accept higher prices for their product. They don't care if you and I buy them or Donald Trump as long as they sell...plus, I don't think the average working class guy/gal is their target group. Why does it cost me $500 if I want to go watch a Maple Leaf game but I can see an infinitely better hockey team play in Pittsburg for $160? It's whatever the market will accept....and with the Rolex name, they feel there is still room to move.

2 October 2008, 10:36 AM	#117
tphan "TRF" Member Join Date: Mar 2008 Location: Dallas, TX Posts: 831	I am 101% sure my AD will call regarding a white dial ss daytona

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