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Old 12 August 2007, 04:13 AM   #1
colemanitis
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No price increase in 2007?

I just got home from my AD and the salesperson said their Rolex sales rep was just in the other day. According to the sales rep there won't be any Rolex price increases in 2007. Hopefully this is accurate info.
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Old 12 August 2007, 04:30 AM   #2
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well.....if yes, that's good.....if not, we cant do anything about it too........:)
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Old 12 August 2007, 05:00 AM   #3
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well that's great news
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Old 12 August 2007, 05:26 AM   #4
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I believe that in the next basel rolex is going to upgrade all of it's watches and then we are going to see some big price increases. If colemanitis is right i believe that this can happen
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Old 12 August 2007, 06:04 AM   #5
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I hope that is true, because I do not think I will be served with only ONE Rolex
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Old 12 August 2007, 06:06 AM   #6
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Bo which rolex would you buy? I think that you are after the 116710
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Old 12 August 2007, 06:07 AM   #7
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Bo which rolex would you buy? I think that you are after the 116710
Bo wants a Leopard Daytona!!
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Old 12 August 2007, 06:07 AM   #8
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Great news. Hope its true.
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Old 12 August 2007, 06:08 AM   #9
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Good one JJ
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Old 12 August 2007, 06:49 AM   #10
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Bo wants a Leopard Daytona!!

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Old 12 August 2007, 06:49 AM   #11
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Bo which rolex would you buy? I think that you are after the 116710

Could be.
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Old 12 August 2007, 07:34 AM   #12
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That's great news, if it's true!
That would mean hopefully my Ex-II AND LV could both come at current pricing....can't complain about that!
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Old 12 August 2007, 08:36 AM   #13
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That would be good, first year in many where there was not a price increase. If this is the case I just might have to add another to the count.
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Old 12 August 2007, 03:13 PM   #14
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If Rolex is smart, they will leave prices where they are. All of their watches are pretty much priced to the limit, the economy is starting to show a few stress cracks, and I for one am not too eager to see the same watches that have been around for years increased yet again... Larry.
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Old 12 August 2007, 05:06 PM   #15
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If Rolex is smart, they will leave prices where they are. All of their watches are pretty much priced to the limit, the economy is starting to show a few stress cracks, and I for one am not too eager to see the same watches that have been around for years increased yet again... Larry.


I agree with Puffnmo. I am not too eager for seeing the same watches at a higher price myself. I've seen the same gasoline at a higher price already and don't like having to go through the same with watches. But if the prices are increased this year which I think might still happen, I guess thats something we all have to deal with.
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Old 12 August 2007, 08:08 PM   #16
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puffnmo you have a point but i think that rolex is not paying to much attention in world economics since they are selling luxury.
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Old 13 August 2007, 02:36 AM   #17
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puffnmo you have a point but i think that rolex is not paying to much attention in world economics since they are selling luxury.
I see your point Frostie, the luxury market is in some ways a separate economy unto itself. It will be interesting to see what happens whenever the next increase takes place.

My gut feeling is that Rolex's real customer base is composed of people like us, enthusiasts who are in most cases not enormously rich, but love Rolex enough to put a good chunk of our disposable income into collecting them.

But there are limits, and most people don't like to feel used or manipulated. I think it's a question of timing. If all of a sudden the Exp. ll goes to $5,700.- Many customers might start looking at other brands for better value... JMO Larry.
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Old 13 August 2007, 02:38 AM   #18
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Bo wants a Leopard Daytona!!
This coming from the man who has owned nothing but fakes
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Old 13 August 2007, 03:06 AM   #19
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If Rolex is smart, they will leave prices where they are. All of their watches are pretty much priced to the limit, the economy is starting to show a few stress cracks, and I for one am not too eager to see the same watches that have been around for years increased yet again... Larry.

Stress cracks?

No way! Rolex is SOOOO rich, you couldn't start to imagine how rich Rolex is.
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Old 13 August 2007, 03:17 AM   #20
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I just got home from my AD and the salesperson said their Rolex sales rep was just in the other day. According to the sales rep there won't be any Rolex price increases in 2007. Hopefully this is accurate info.

As my mother would say: "from your lips to God's ears!"
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Old 13 August 2007, 03:19 AM   #21
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Actually i think that watch industry is oligopoly. I agree with puffnmo that most of it's customers aren't people who are enormosly rich. Most of it's customers are enthusiasts with rolex. Besides that the people who are enormosly rich are usually buying breguet watches or something more exclusive. Rolex watches compared to other watch manufacturers are really cheap. I actually believe that it is the cheapest watch when it comes to luxury but it has the strongest brand. That's where rolex relies on and that's the brand. I believe that rolex watches are going to become really expensive since they started to make their watches more blingy.
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Old 13 August 2007, 03:28 AM   #22
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As my mother would say: "from your lips to God's ears!"

Correction!

"From your lips to Mr. Heiniger's ears"

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Old 13 August 2007, 03:30 AM   #23
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Correction!

"From you lips to Mr. Heiniger's ears"

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Old 13 August 2007, 03:44 AM   #24
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Bo wants a Leopard Daytona!!

As long as he does not want a Leopard Prey, that is OK!!!!!
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Old 13 August 2007, 04:07 AM   #25
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Stress cracks?

No way! Rolex is SOOOO rich, you couldn't start to imagine how rich Rolex is.
Bo - I don't know how it is in Denmark, but here in the U.S. a lot of people are worried about the huge losses being incurred by banks, brokerages and hedge funds on sub-prime real estate loans. It's probably been blown all out of proportion, and will work itself out, but this kind of news day after day doesn't inspire increased luxury spending... Larry.
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Old 13 August 2007, 09:18 AM   #26
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I follow the news puffnmo. I was talking with an economics professor that i know and he told me that there is a huge worry in the US about the real estate loans and the economy is in danger. I have to admit that europe is facing a big crisis also but it is not economical it is energy crisis since russians own everything and they decide on the prices. If prices go up i believe that rolex will face problems also cause the prices of raw materials will go up. Hence they have to put higher prices and discourage loyal customers and enthusiasts like us from purchasing additional watches. I totally agree with puffnmo
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Old 13 August 2007, 11:33 AM   #27
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But there are limits, and most people don't like to feel used or manipulated. I think it's a question of timing. If all of a sudden the Exp. ll goes to $5,700.- Many customers might start looking at other brands for better value... JMO Larry.

Some might, but I wouldn't. If my watches disappeared and I couldn't replace them with Rolexes, I'd either get used Rolexes or I'd go back to $30 POS watches and scrimp and save until I could get back into a Rolex.

I realize that there are other premuim brands out there, some that make a Rolex seem downright cheap in comparison; mebbe so...Rolex is the only watch that has proven to me that it'll last more than a year on my arm. Aside from the durability, Rolex makes a damn good looking watch (with a handful of notable exceptions), they don't go out of style, they don't look dated, they have a lot of good history behind them.

Rawhyde

PS I hope the no price increase plan holds until I can get a TT Blue Sub!
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Old 13 August 2007, 04:24 PM   #28
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Ohh ok good news but I must run to catch the last train but I cant run now, I stopped in the middle way.
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Old 13 August 2007, 06:47 PM   #29
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Ohh ok good news but I must run to catch the last train but I cant run now, I stopped in the middle way.
i hope that you will be able to catch the train and purchase your dream watch
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Old 13 August 2007, 06:49 PM   #30
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Actually rolex has teh same design for so many years and i know many people that hate rolexes because of this. The only difference that rolex has with other watch manufacturers is that rolex watches has a design that nobody can forget and that's why they are watches are so remarkable and easy to remember. Other watch manufacturers change the design every year so that they can fit to trends and it is very difficult to remember their models. At least for me it is difficult to understand how a patek or vacheron looks like.
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