You lose nothing by asking...
Well done.
In advance of big birthday I have been checking at T5 Rolex for a BLNR for almost 12 months, with no success. Yesterday when passing through I asked the usual question expecting a shake of the head but was told "Yes sir - we have one!". Ding dong - purchase made at RRP. Sadly they would not hold it until I flew outside Europe but then again I had no trips planned. Anyway mission accomplished and I am happy man.
Patience paid off.......
You lose nothing by asking...
Well done.
Well done i am waiting the call for my Rolex SD43 at RRP but i am third on the list but i can wait.
Sadly no. T5 Rolex Boutique is owned by WoS. They'll discount pretty much every brand by 20% with the exception of Rolex and Tudor.
They'll maybe hold you a Datejust but definitely not a Sports model in Stainless Steel. I happened across a Hulk last year. The assistant said she'd just put it out when I sauntered in and that it would be sold within two hours.
I was desperately trying to book a one way flight to Zurich to get the 20% off whilst in the shop.....bloody BA App wouldn't let me as I was already checked in to a flight to Italy, well I think that was why.
When I walked by an hour later it had gone....been kicking myself ever since
Nothing sweeter than getting the hard to come by watches at RRP rather than giving the usual dealers their mark ups.
Well done.
D.
That's a tax free price, not a discount. You only get the lower price if you're flying outside Europe.
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Well done! Always worth asking.
Martyn
this comes up so often, answer is the same.
For Rolex/Tudor if flying in the eu its rrp, if flying out of the eu then its tax free, not discounted, you paid no vat. This is different for other brands and they check your boarding pass.
Bring the rolex/tudor back to the UK and you should be declaring it and paying the vat, whether you do is up to you.
Its been like this for a long time now.
Anyway, glad you got the blnr at retail, congrats
I think that what Kash is saying is correct for Heathrow. [Updated: Crossed out sentence is wrong. See messages below.]
I think that what you are thinking of is Schiphol where Gassan will discount Rolex to the equivalent of VAT if flying within the EU but sell VAT-free if flying outside the EU. If I remember correctly.
I was confused earlier.
Last edited by markrlondon; 7th October 2017 at 19:40. Reason: Updated
Thats not correct Kash. Flying ex-EU the price is discounted to be the equivalent of vat free, but you still pay vat and get a vat receipt. I've done this with a Platona and a DD40. In neither case would I have taken the risk of getting stung for import tax, but there was no risk because I had a UK vat receipt.
Last edited by cmcm3; 7th October 2017 at 19:26.
As far as I can see, there is no conflicting info between Kash and myself. To the best of my knowledge, he is correct about Rolex from Heathrow. [Updated: Crossed out sentence is wrong. See messages below.] Rolex sold by Gassan at Schiphol is another matter.
However, the following appears to conflict with Kash's comment:-
For the avoidance of doubt, which airport is this from?
Last edited by markrlondon; 7th October 2017 at 19:39. Reason: Updated
Thanks.
I am reminded that your experience is the same as ryanb741's experience when flying from Heathrow outside of the EU. I.e. The price you pay is discounted by the VAT equivalent but VAT is still charged.
Ryanb741's comments on flying from Heathrow outside of the EU can be read here: http://forum.tz-uk.com/showthread.ph...=1#post4489404, http://forum.tz-uk.com/showthread.ph...=1#post4489432 and http://forum.tz-uk.com/showthread.ph...=1#post4489692
Where did you travel from?
Last edited by markrlondon; 7th October 2017 at 19:38.
I think it was Heathrow but not sure which terminal. I sold the Tudor on here and gave the receipt and vat payment proof to the purchaser. Was about 2 years ago I think.
Surely if it’s just discount why the big deal about flying out the eu, that makes no sense unless it really is the vat that’s not being paid.
Well, rules can and do change over time.
I agree that it's an odd policy, considering that the vendor could legitimately sell VAT-free even to British/EU travellers flying outside of the EU. However, it's certainly a good thing that they have this policy. It makes life much simpler for British/EU citizens returning with a watch they purchased on their outbound ex-EU trip.
DD40 was in August 2017 and Platty was Nov 2016. Can't speak for what happened before that or at other airports.
When in T5 in the summer I looked at a WG sky dweller on bracelet and the sales lady offered me a discount equivalent to no vat, and I had made crystal that I was flying within the EU. She also stated that they would not discount SS sports models.
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I am convinced that's why the explorer 2 is a bad seller.
Pictures always look crap.
I ummed and arrd about getting one until I seen it in the flesh.
Every picture I saw on new ones looked like the paint on the bezel was chipped or faded
2x 116520 Daytona’s in 2015 at Schiphol Airport was my lucky day. £6350 each.
i was also told that T5 NEVER get any stainless steel daytonas in stock - they have lots of precious metal stuff.
Happy to be corrected! It is my next grail....
They could only sell VAT free for permanent export from the EU surely ? Knowing it was going to be re-imported in a few days would make it tricky selling VAT free I expect.
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I think the thing to remember here is that platinum daytonas and dd40s can be heavily discounted when buying thru a regular AD. SS Daytonas, Subs and GMTs are a different matter. Why discount something that can be sold at full RRP.
Ha that's hilarious, I was passing though T5 on Saturday 7th enquiring about the Batman and they told me they had one in the previous day and they had been so happy that they had managed to sell it to a chap who had been asking on numerous occasions. It was you!
I was obviously gutted to have just missed out but happy nonetheless that your patience was rewarded. Well done!
Edit: just reading the rest of the posts he did mention you paid full retail and I couldn't work out why, makes sense. All the more gutting he would have charge me £5450 as was flying out the EU!
Last edited by ~dadam02~; 11th October 2017 at 11:25.
No, the point of duty free vendors is that they can sell free of VAT and Duty even to EU citizens as long as they are flying to destinations outside of the EU. The item is being exported outside the EU, so quite rightly no VAT or Duty is due on it. There is no presumption that the vendor can or will know if or when the goods will be returning to the EU (note the goods, not the person).
It is up to the buyer to declare the item on which VAT (and possibly Customs Duty or Excise Duty) has not been paid on return to the EU, if indeed they do bring it back into the EU within the relevant period of time.
In the case of watches, only VAT is of concern.
I infer from some people's experiences that some vendors of some products at some locations differentiate between EU citizens and non-EU citizens for people flying to destinations outside the EU (and discount by the equivalent of VAT for EU citizens but sell VAT-free to non-EU citizens) but, to the best of my knowledge, this is a policy decision rather than a legislatorial requirement[1]. I can understand it being company policy: In practice, the vast majority of EU citizens will be bringing goods like watches they bought in 'duty free' back into the EU so this policy avoids complaints about unexpected extra tax having to be paid on return. Perhaps the vendors are willing to live with the discount to avoid the complaints.
Footnote:-
1: It certainly used not to be a legislatorial requirement in this scenario, unless the law has changed. Can anyone confirm one way or another?
Last edited by markrlondon; 11th October 2017 at 12:20.
Currently in Schiphol and just had a long chat with the lovely staff at Gassan/ Rolex. They had a white Daytona ceramic 116500 two days ago, a SS SkyDweller and a SD50. Looks like I was 48hrs too late! Nicely stocked cabinet today though, not much SS except an Explorer and the usual Milgauss GV/ Z Blue, Explorer 2 with white and black dials, etc
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