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Old 31 December 2008, 07:35 AM   #1
hoxha
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Where should I buy - Canada or UK?

I've decided to buy my first rolex for my birthday at the end of January, probably a sub nd or Air King. I live and work in the UK but I'm currently in Canada (Calgary) for the holidays and trying to figure out if it makes more sense to pick one up now (and save on taxes) or wait till I get back home (and save on the exchange rate). Any thoughts?

Thanks!
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Old 31 December 2008, 07:38 AM   #2
cody p
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j vair anderson or brinkhaus? buy local, support our economy!

Last edited by cody p; 31 December 2008 at 07:40 AM.. Reason: typo
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Old 31 December 2008, 07:44 AM   #3
eric23
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I was just at J Vair Anderson (downtown Calgary) and they are giving 10% off list and maybe 20% off on older stock. The CAD list on a SS AK is $4400 and a Sub ND is $5420 there is only 5% tax in Calgary. I am not sure on UK list prices are. Maybe someone on the fourm from the UK would know?
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Old 31 December 2008, 07:47 AM   #4
eric23
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Also Welcome to TRF! It is a great site. There are a few people on here that live in Calgary.
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Old 31 December 2008, 07:49 AM   #5
chenx15
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Canada and being in calgary makes things even sweeter
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Old 31 December 2008, 08:03 AM   #6
BZA
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Hi hoxha - there are deals to be made in the UK.

Why don't you call a few ADs in your UK hometown (from Canada) and try and cut a deal?

You can then compare to the prices at your Canadian ADs
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Old 31 December 2008, 08:17 AM   #7
al_bongo
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What is the dilemma here? Where is it cheapest?
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Old 31 December 2008, 08:19 AM   #8
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Quote:
Originally Posted by eric23 View Post
I was just at J Vair Anderson (downtown Calgary) and they are giving 10% off list and maybe 20% off on older stock. The CAD list on a SS AK is $4400 and a Sub ND is $5420 there is only 5% tax in Calgary. I am not sure on UK list prices are. Maybe someone on the fourm from the UK would know?

5%? Wow, it's 8.25% in California.
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Old 31 December 2008, 08:23 AM   #9
RLX-lvr
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No comparison. CANADA.

With the exchange rate, I think you would get a better deal here, no?
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Old 31 December 2008, 08:30 AM   #10
harvey
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i think the price for a sub no date in the uk is about £3100 ish

exchange rate is roughly £1 to $1.75 can... on $5420/$1.75 = £3097

have i done that right?
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Old 31 December 2008, 08:30 AM   #11
al_bongo
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Current exchange rate for pound to Canadian dollar is dreadful as it is for most currencies. List price (including tax) the sub is C$190 (£110) cheaper in uk. (if list price is the $5420 mentioned above)
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Old 31 December 2008, 09:09 AM   #12
Yume-sama
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Go with Canada. The prices are relatively low when you factor in exchange, and the tax is really low in Calgary.

Go to Brinkhaus, they should give you a fairly good deal :)
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Old 31 December 2008, 10:02 AM   #13
al_bongo
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Originally Posted by Yume-sama View Post
Go with Canada. The prices are relatively low when you factor in exchange
Hmm, it's just that when you plug in the current exchange rate with the numbers given on here it just isn't so. Unless you are getting a significant discount from a Canadian dealer.
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Old 31 December 2008, 10:14 AM   #14
RLX-lvr
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Originally Posted by al_bongo View Post
Current exchange rate for pound to Canadian dollar is dreadful as it is for most currencies. List price (including tax) the sub is C$190 (£110) cheaper in uk. (if list price is the $5420 mentioned above)

Sorry guys.
I never knew that the pound had taken such a sh*it kicking.
Looks like the UK could be the better way.
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Old 31 December 2008, 10:17 AM   #15
al_bongo
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Quote:
Originally Posted by harvey.eu View Post
i think the price for a sub no date in the uk is about £3100 ish

exchange rate is roughly £1 to $1.75 can... on $5420/$1.75 = £3097

have i done that right?
Yes but then 5% tax over and above = £3260 cf £3140 minus 2.5% VAT
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Old 31 December 2008, 10:26 AM   #16
Yume-sama
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Originally Posted by al_bongo View Post
Hmm, it's just that when you plug in the current exchange rate with the numbers given on here it just isn't so. Unless you are getting a significant discount from a Canadian dealer.
I wouldn't settle for less than 18 - 23% off in Canada.

Especially in this economy, I could probably push for a bit more. Of course, there has been news stories in Calgary about how Rolex, Bentley, Ferrari, Patek, and such are selling in record numbers still.
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