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Frank 21 · 3 September 2008, 05:59 AM

Is Rolex really going to have another price increase??? That is crazy..Or are we all just fools for paying these prices.We all know they spit these watches out like nickels and the movement compared to other fine time pieces are nothing spectacular..I'm I the only one that feels this way?? I have a GMT II and a non date sub both purchased below 3,000..At the current retail prices are these watches worth it?? Or is the joke on us??

Rolexitis · 3 September 2008, 06:02 AM

Quote:

Originally Posted by Frank 21

Is Rolex really going to have another price increase??? That is crazy..Or are we all just fools for paying these prices.We all know they spit these watches out like nickels and the movement compared to other fine time pieces are nothing spectacular..I'm I the only one that feels this way?? I have a GMT II and a non date sub both purchased below 3,000..At the current retail prices are these watches worth it?? Or is the joke on us??

Oh boy I'm getting under my desk for this one after the most recent thread on dissatisfaction

FIRE IN THE HOLE!!!!!

toph · 3 September 2008, 06:04 AM

no offence Frank but this has been asked at least three times this week. My short answer is NO and the long one is- no no no.

My opinion-

At the current prices i think a rolex is well worth it expecially the GMT IIC and the YM- you get alot for your money. movements are reliable, long lasting and well made. some superior movements will need to be pampered and regulated , serviced every other year NOT a rolex.
This is also part of the cost factor- JLC PP etc all cost ALOT more to service too.

P.S all prices of metal etc have been increasing so that is part of the reason for the recent price increases.

mfer · 3 September 2008, 06:19 AM

Quote:

Originally Posted by Frank 21

Is Rolex really going to have another price increase??? That is crazy..Or are we all just fools for paying these prices.We all know they spit these watches out like nickels and the movement compared to other fine time pieces are nothing spectacular..I'm I the only one that feels this way?? I have a GMT II and a non date sub both purchased below 3,000..At the current retail prices are these watches worth it?? Or is the joke on us??

So, I'll entertain this one b/c you didn't ask when the price increase is going to happen. So I'm going to disagree with Toph on this one (sorry Toph).

1. "Is Rolex really going to have another price increase???"
Yes, but I, nor anyone here, knows when. The did it last March, so I'm guessing around March time +- 3 months!

2. "are we all just fools for paying these prices"
EVERY time there is a price increase, people always say "Rolex is taking me out of the game, I can't afford it anymore." I have said this myself yet I just plunked down MSRP on a SS GMT IIc.

It wasn't a mistake to me. Every time I look at my watch I smile. I don't have any other tangible possession that does this, so it is 10000% worth it to me.

And here is food for thought.
If you buy a "popular" model and wear it for 4 years, you can pretty much sell it for what you paid for it four years ago. I don't know many other watches like that....
Price Evolution

Looks at some of those prices back in Feb 04 and look at the used section of TRF. Where else can you have a watch for 4 years for free?!?!?!

Frank 21 · 3 September 2008, 06:37 AM

I feel better now thanks..

Rolexitis · 3 September 2008, 06:44 AM

I'm clear for re-surface

toph · 3 September 2008, 06:46 AM

Mik i am sure there will be a price increase just not this year. and thats what i assumed from the post "another" as in about now. But next year i am also confident there will be one sometime

scottschoe · 3 September 2008, 08:29 AM

Quote:

Originally Posted by Frank 21

Is Rolex really going to have another price increase??? That is crazy..Or are we all just fools for paying these prices.We all know they spit these watches out like nickels and the movement compared to other fine time pieces are nothing spectacular..I'm I the only one that feels this way?? I have a GMT II and a non date sub both purchased below 3,000..At the current retail prices are these watches worth it?? Or is the joke on us??

Any current owner should be overjoyed by the price increases. Potential buyers..not so much. As for watches being "worth" their price...is any watch really worth $10? $10K? $100K? Up to you.

gmt master x · 3 September 2008, 08:33 AM

:Does rolex ever announce a price decrease.:

tphan · 3 September 2008, 09:20 AM

here we go again...

gmh1013 · 3 September 2008, 09:30 AM

I only look at the used market now..

tphan · 3 September 2008, 10:20 AM

Quote:

Originally Posted by gmh1013

I only look at the used market now..

Pre-owned Rolex is perfectly fine...

I am buying pre-owned, spending big $$$$ wisely.

walds11 · 3 September 2008, 10:33 AM

Heck yeah

Quote:

Originally Posted by tphan

Pre-owned Rolex is perfectly fine...

I am buying pre-owned, spending big $$$$ wisely.

MTD32 · 5 September 2008, 09:38 AM

Buying a Rolex is like buying Fine wine. You can buy a "2 buck chuck" and gain lots of satisfaction out of it but buying and enjoying a Chateau Margaux is a treasured experience. The memories last a lifetime.

Buy the watch and be blessed that you have the ability to do it.

I do like the pre-owned idea....

dcash0615 · 5 September 2008, 10:22 AM

When I was visiting my AD today I did discuss the potential for a price increase soming soon. They indicated that there was no communication from Rolex Corp that a price increase was coming in the next several months. This does not mean that one is not coming, but they did say that they are informed usually 2 months in advance or so before a price increase takes effect.

Dalton · 5 September 2008, 10:27 AM

There will always be a price increase at some point in the future. Why worry?

dcash0615 · 5 September 2008, 10:43 AM

I agree!!

Quote:

Originally Posted by Dalton

There will always be a price increase at some point in the future. Why worry?

3 September 2008, 05:59 AM	#1
Frank 21 Member Join Date: Aug 2008 Location: chicago Posts: 136	Price increase Is Rolex really going to have another price increase??? That is crazy..Or are we all just fools for paying these prices.We all know they spit these watches out like nickels and the movement compared to other fine time pieces are nothing spectacular..I'm I the only one that feels this way?? I have a GMT II and a non date sub both purchased below 3,000..At the current retail prices are these watches worth it?? Or is the joke on us??

3 September 2008, 06:04 AM	#3
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	no offence Frank but this has been asked at least three times this week. My short answer is NO and the long one is- no no no. My opinion- At the current prices i think a rolex is well worth it expecially the GMT IIC and the YM- you get alot for your money. movements are reliable, long lasting and well made. some superior movements will need to be pampered and regulated , serviced every other year NOT a rolex. This is also part of the cost factor- JLC PP etc all cost ALOT more to service too. P.S all prices of metal etc have been increasing so that is part of the reason for the recent price increases. __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

3 September 2008, 06:44 AM	#6
Rolexitis "TRF" Member Join Date: May 2008 Real Name: Matt Location: Earth Watch: 114060 Posts: 3,203	I'm clear for re-surface __________________ Card Carrying Member of the Global Association of Retro-Grouch-Curmudgeons

3 September 2008, 06:46 AM	#7
toph "TRF" Member Join Date: Apr 2008 Real Name: ChrisTOPHer Location: Sydney Watch: Rolex, Brellum, Posts: 12,601	Mik i am sure there will be a price increase just not this year. and thats what i assumed from the post "another" as in about now. But next year i am also confident there will be one sometime __________________ "Where no counsel is the people fall, but in the multitude of counselors there is safety." Member No.# 11795

3 September 2008, 09:30 AM	#11
gmh1013 Banned Join Date: Jun 2008 Real Name: greg Location: Tempe AZ Watch: GMT Posts: 5,703	Yeah it sucks I only look at the used market now..

3 September 2008, 06:37 AM	#5
Frank 21 Member Join Date: Aug 2008 Location: chicago Posts: 136	I feel better now thanks..

3 September 2008, 08:33 AM	#9
gmt master x Member Join Date: Apr 2008 Real Name: franklin Location: nyc Watch: 70 s gmt master. Posts: 677	:Does rolex ever announce a price decrease.:

3 September 2008, 09:20 AM	#10
tphan "TRF" Member Join Date: Mar 2008 Location: Dallas, TX Posts: 831	here we go again...

5 September 2008, 09:38 AM	#14
MTD32 "TRF" Member Join Date: Aug 2008 Real Name: Tree Location: Baltimore, MD Watch: Rolex Sub-M 16610 Posts: 14	Buying a Rolex is like buying Fine wine. You can buy a "2 buck chuck" and gain lots of satisfaction out of it but buying and enjoying a Chateau Margaux is a treasured experience. The memories last a lifetime. Buy the watch and be blessed that you have the ability to do it. I do like the pre-owned idea....

5 September 2008, 10:22 AM	#15
dcash0615 2024 Pledge Member Join Date: Jan 2007 Real Name: Dave Location: CA Watch: es Posts: 4,395	When I was visiting my AD today I did discuss the potential for a price increase soming soon. They indicated that there was no communication from Rolex Corp that a price increase was coming in the next several months. This does not mean that one is not coming, but they did say that they are informed usually 2 months in advance or so before a price increase takes effect.

5 September 2008, 10:27 AM	#16
Dalton TechXpert Join Date: Mar 2008 Real Name: Dal Location: Seattle Watch: 168000 Posts: 1,614	There will always be a price increase at some point in the future. Why worry?

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