Buying a Rolex at an AD in Mexico

[dukie748]

Anyone know the Mexican retail on a 114060 - Sub No Date? I am visiting in a few weeks and might purchase while down there.

Many thanks.

[hugoprn3]

Hi, what city are you going to visit?

[Jlsd]

If you have a chance to visit Cancun or Los Cabos, do not miss Ultrajewels. They have a great inventory and very good prices. In addition, if you fly form either places directly to an airport outside of Mexico, ask for your VAT return which is 16%.

Those will probably be some of the best prices you can get from an AD

[Alexwwjd]

I agree with Jose. Ultrajewels has an amazing inventory and great prices. I've bought several watches from them.

[dcash0615]

Ultrajewels in Cabo San Lucas is great. I purchased a Daytona from them many years ago.

[dukie748]

I'm heading to Puerto Vallarta, just trying to get some idea of cost in Mexico. Emailed one of the AD's down there but had no response.

[Jlsd]

I do not know any AD at Puerto Vallarta. However, I feel that you should get a very competitive price if you do the VAT return (16%). Otherwise, it will be very expensive. Good luck and post some pics

[Speed]

So is it really worth the hassle?

What is the bottom line USD savings over just buying in the US or from a TRF dealer BNIB?

[Alexwwjd]

Originally Posted by Speed

So is it really worth the hassle?

What is the bottom line USD savings over just buying in the US or from a TRF dealer BNIB?

Why would there be a hassle? It's just like buying a watch from any other retailer anywhere in the world.

[Jlsd]

Originally Posted by Speed

So is it really worth the hassle?

What is the bottom line USD savings over just buying in the US or from a TRF dealer BNIB?

Last month I was quoted around $8,900 USD for a 116710 BLNR at Ultrajewels in Cancun. If you then get VAT back (aprox $1,225 USD) the total price would be around $7,675 USD

[Speed]

Originally Posted by Alexwwjd

Why would there be a hassle? It's just like buying a watch from any other retailer anywhere in the world.

Bringing such a purchase into the U.S. Can be an unpredictable experience. You never know what sort of customs person may be helping you upon arrival.

[Speed]

Originally Posted by Jlsd

Last month I was quoted around $8,900 USD for a 116710 BLNR at Ultrajewels in Cancun. If you then get VAT back (aprox $1,225 USD) the total price would be around $7,675 USD

Cool. Good luck.

Sounds like you're ok with price and logistics.

[dukie748]

Sorry if this is a dumb question - what's a TRF dealer?

[dukie748]

Ignore that - Rolex Forum Dealer… duh.

[Heo2]

How does a US citizen get his money back from the VAT on a purchase made during a vacation in Mexico?

[breitlingal]

Originally Posted by Heo2

How does a US citizen get his money back from the VAT on a purchase made during a vacation in Mexico?

The way I did it in Europe when I bought my Breitling is I paid the VAT at the store then when I was flying out I filled out the form and my receipt and they cut me a check on the spot for it

[NKflyer]

Right, the retailer will have a relationship with a certain VAT refund facilitator who has a kiosk at the airport. Some give funds on the spot at the airport while others refund your credit card. The refund company will keep a few percentage points as their fee so you will not get the entire VAT back. Not sure about Mexico, but in the EU, you have to get the goods inspected and receive a slip of papers from an official (also at the airport) as a first step before you go to the VAT refund kiosk.

[wisguy]

Mexico prices are US MSRP + 16% VAT.

You can get a discount if you have a relationship with the AD, not that easy as a walk-in, but it can happen depending on the store and model.

[Alexwwjd]

Actually in Mexico it's a common practice (I'm not sure it it's the law) that the prices they display already have the 16% VAT. The price you see, has the VAT already included.

[wisguy]

Originally Posted by Alexwwjd

Actually in Mexico it's a common practice (I'm not sure it it's the law) that the prices they display already have the 16% VAT. The price you see, has the VAT already included.

It is required by law.

[Heo2]

Originally Posted by breitlingal

The way I did it in Europe when I bought my Breitling is I paid the VAT at the store then when I was flying out I filled out the form and my receipt and they cut me a check on the spot for it

I understand how it works in the EU but I was asking about Mexico. I just don't know anyone who has gone through the process down there.

[DanielM]

Just bought sub date 116610LN at Ultra Jewels in Playa de Carmen, Mexico. Out the door price was $580 less than in the states. They also "guarantee" an additional 9% back from the VAT tax. The AD handled all the paperwork for warranty and also for "Tax Back" process. We shall see if that happens, however, both the AD and the Tax Return company have reached out to me via email. The service was top notch. They even serve drinks while shopping. They also hailed a cab for me. I wore the watch home and gave the box to another traveler. No problems. All said and done with the tax return, the price was around 1300 less. Hope this helps.

[mkljam]

Bought a DJ in 2012 and the new Daytona in 2016 from UJ in Cabo-- received VAT about 8 weeks later. No problems either time!

[faz]

This thread is 3 years old!


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[ZOOK]

Originally Posted by DanielM

Just bought sub date 116610LN at Ultra Jewels in Playa de Carmen, Mexico. Out the door price was $580 less than in the states. They also "guarantee" an additional 9% back from the VAT tax. The AD handled all the paperwork for warranty and also for "Tax Back" process. We shall see if that happens, however, both the AD and the Tax Return company have reached out to me via email. The service was top notch. They even serve drinks while shopping. They also hailed a cab for me. I wore the watch home and gave the box to another traveler. No problems. All said and done with the tax return, the price was around 1300 less. Hope this helps.

Originally Posted by mkljam

Bought a DJ in 2012 and the new Daytona in 2016 from UJ in Cabo-- received VAT about 8 weeks later. No problems either time!

Very helpful. What was your border crossing experience? Any tax - duty issues? Do you have to declare the watch purchase?

[Wcdhtwn]

Originally Posted by dukie748

I'm heading to Puerto Vallarta, just trying to get some idea of cost in Mexico. Emailed one of the AD's down there but had no response.

I was there this past March and there is no AD in Puerto Vallarta. I think the closest is hundreds of miles away, but you can check on Rolex.com.

There is a watch retailer there but they don't carry Rolex. It's at the northern end of the boardwalk, the side furthest from the Romantic Zone. I think they have PP, AP, IWC, and a few others. I didn't go in, which surprised my wife...

[tomilg]

I live in Playa Del Carmen, and for my 50th Birthday I bought myself the 116610LVc at Ultrajewels and couldn't be happier. After the negotiated discount and the VAT I paid $8,400, out the door. It was a great experience and the first time I'd bought through an AD. They even threw in a bottle of Montblanc men's cologne, which I actually like and have been wearing.

Congratulations on your purchase!

And yes, I did notice was a 3 year old thread!!

[wisguy]

Originally Posted by dukie748

Anyone know the Mexican retail on a 114060 - Sub No Date? I am visiting in a few weeks and might purchase while down there.

Many thanks.

MSRP in Mexico is US MSRP plus 16% VAT.

[tkmc]

Does anyone know if the AD in Mexico will ship the watch to your house?

[Art 1]

Originally Posted by tkmc

Does anyone know if the AD in Mexico will ship the watch to your house?

What country is the house in? If the US you would stand a chance of it beiing seized at the border of it made it that far.