I would guess this is why the gray dealers have increased there offers on sports models recently.
EDIT: Don't think quote is working so for clarity, this is in response to Chairman LMAO's previous post.
That sounds like you are accusing me of bigging myself up. Not sure how you've come to that? My involvement in this thread started out by my stating that I can't really afford a new Rolex BLNR just yet. If I have inadvertently begun to sound like I am bragging about my car (a pretty modest lease car by apparent forum standards) then I apologise. This was not my intention.
@ Chairman LMAO.
Exactly.
People forget, that it is perhaps Rolex pricing policy of the last 20-30yrs, that has elevated their product to the extent that they are now clamouring to buy?
Possibly the highest 2nd hand market for watches, in some cases outstripping inflation?
I don't think you can have "I want it to be the same price to buy as 2010, but - I want escalating future 2nd-hand values".
I hope they go up and up and up - my days of buying Rolex are over.
Al
In regards to the speculation on the price rise and the affect on the Grey or pre-owned markets, i am never that convinced it makes any difference to these markets at all.
They all seem to adjust their prices upwards in relation to the %rise and will still always appear to get the Rolex Sports model unworn etc etc , whilst everyone else sits on the AD lists hoping to get a phone call one day. When the phone does ring, that sports model which you had saved up for when you put your name down has now jumped in price by maybe 2 or 3 price increases.
The UK might get more AD availability but we are all aware of how many of these seem to end up on the secondary market dealers window with the usual mark up.
D
Well there goes my dreams of owning one in the next year then... sigh..
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No, but I'm quite sure I've read on here that's it's the practice Rolex employs, written by people who do know. Now you're questioning it, I'm questioning my recall!
Anyone who does know, please confirm whether Rolex charges ADs in Swiss francs.
EDIT
I found this, it's probably what stuck in my mind.
Last edited by sean; 7th October 2017 at 12:36.
Would that not be the case that yours moved slower than everyone else's? The queue I mean 😀😀
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From something I heard today I would put money on a rise on November 1st
^ Yes, but that is Rolex UK, a company of the Rolex group. So the risk of exchange rate fluctuations is within the Rolex organisation and not with the ADs.
Someone who lies about the little things will lie about the big things too.
Until a few days before it actually happens very few people outside Rolex HQ have any real information about any forthcoming price rise.
I'll play. If by 8th Nov a ND Sub isn't £5950 (within £50) I will stick £20 into fundraiser.
In the interests of transparency I do have a reliable source :)
Virtually every thread about Rolex price increase has been wrong ; they all come with claims about secret sources and all the rest. Ignore. No-one outside Rolex really knows.
The increases whenever they come always happen but it never seems to dent the demand for the brand either purchased from the AD or secondary markets.
In truth, probably to the detriment of many other quality brands.
D.
And Haywood obviously, I have my reasons to assume it will happen in November but of course it is very likely I will be proved wrong
Its a light hearted discussion and if the fundraiser makes a few quid what is the harm, I urge more people to join in the fun and give something back to the forum and help a few good causes
He finds out when ADs find out and apart from making educated guesses - when various factors conspire together - he isn’t on whatever small committee there is that actually decides on and implements price increases.
I realise context is lost online or can be hard to gauge, so to clarify my previous post and what I’ve just written about HM aren’t meant in a snide way.
And yes, money in the fundraiser is great - and I’m glad you’re all having fun. I was more referring to all this “I have sources” BS. A local AD rep, local AD manager or even the guy on the front desk at St James doesn’t have a clue (until the bat signal goes out 48 hours before a price increase), and it’s laughable people cite them as sources.
Where is Haywood ? Thought he would have commented on Rolex rise
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Jesus wept.............again.
mike
I was in an AD the other day (not one I usually deal with) and they casually said that their allocation of the SS models has been around 40% less than it used to be. They also said (when I asked their views on a price rise) that price rises were fine in the sports models as they can sell them easily but any rise could affect sales of everything else. . . . . .i guess most of their sales are ‘everything else’!
Weirs in Dublin yesterday, Rolex AD, had YM and EXP2 in window, no other SS sport models.
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Is there a price point after increase, after increase that you just have to say I am out!
Or does the allure of having a Rolex on the wrist just make you find that extra ££ . When you see the secondary market prices for Blnr, Hulks etc, it must be close to the point were buyers just stop and just say, not paying that.
Not sure but i feel that prices are maybe getting beyond most buyers.
d.
Judging by the Ceramic Daytona prices I think Rolex still has wriggle room to raise prices and get away with it!! I think Omega may bottom out though if they keep trying to follow suit.
Interestingly it seems Rolex Sports models are even starting to dry up in the US judging by fellow posters over on the Rolex Forum.
This is exactly the game Rolex are playing. It's designed to push their brand even further upmarket and it won't stop - they don't want everyone to be able to afford one and they know if they push higher, there are still always going to be people out there with the cash. Get ready for the £10K steel sub.
Last edited by jacktheripper; 8th October 2017 at 20:04.