IS NOW THE TIME TO BUY NEW???

[Juice]

Hey chaps still getting my grail money together(nearly there), but was wandering while the salewoman was rattling on about the swiss franc etc and gave me a healthy discount......however
what happen's when V.A.T drops and the swiss franc drops?.........Would Omega "Adjust" their prices accordingly and therefore leave me in negative equity???



Apologies if it's a stupid question.......its been a long .........the rrrp on the Omega in question is £5400..........dont want to drop the ball on this!



Many Thanks

Jon Jones

[shoppy]

Depends are you paying retail I get a good discount from my Omega AD, so this makes vat null and void.

[phil h]

When / if the Swiss Franc drops, they (Rolex, Omega et al) will drag the Swiss price up to parity with the strongest currency, I think.

Would you put money on VAT ever going down?

[walkerwek1958]

Depends are you paying retail I get a good discount from my Omega AD, so this makes vat null and void.

If VAT falls, the prices will fall and consequently you'll pay less. Don`t fool yourself about the VAT being 'null and void'.....do the maths.

Whether a VAT drop is likely is open to speculation; frankly I wouldn`t hold my breath. As for exchange rate fluctuations affecting the price in the buyer's favour....forget it.

July is traditionally a good month for watch buying; sales tend to be low so there's a better chance of good discounts. I`d be looking for 20% off an Omega, which still makes them an expensive watch IMO.

Paul

[Juice]

discount wise we're at £4400............but i reckon i can charm her 50 quid more , I'm worried about this alledged price rise in July......speculation or reality


I would love to know if volume of sales has negated the profit margin, These Rises are BIG|!

[milesthng]

I think its never the time to buy new!

[RobDad]

I'm sure Omega - and everyone else - will manage to squeeze in another price increase before any drop in VAT. I can't imagine the prices ever dropping.

[swanbourne]

In my experience, there are two scenarios:

1. You buy today and find it being sold cheaper somewhere else tomorrow.

2. You decide to wait until next week and discover there's been a price increase.

Eddie

[howie77]

In my experience, there are two scenarios:

1. You buy today and find it being sold cheaper somewhere else tomorrow.

2. You decide to wait until next week and discover there's been a price increase.

Eddie

This is so good that I am going to note it down for future recollection. Well put!

[JeremyO]

I think the 20% VAT rate is here to stay.

I always make it a point to never compare prices after I've made a purchase as that could lead to tears!

[patnmand]

I think the 20% VAT rate is here to stay.

I always make it a point to never compare prices after I've made a purchase as that could lead to tears!

Good point! At the end of the day you'll have to take the plunge at some point, and there's always a risk that the price will go down subsequently. Just go for it.......

[Omegary]

Let's face it you're going to lose at least 25% of the value of your new pride and joy as soon as you walk out of the AD with it strapped to your wrist. So why worry about a slight fluctuation in VAT, if indeed there is any.

If you have to have it and have the means to buy it then do, personally I'd never buy a new watch especially at that price level.

Cheers,
Gary

[learningtofly]

Let's face it you're going to lose at least 25% of the value of your new pride and joy as soon as you walk out of the AD with it strapped to your wrist. So why worry about a slight fluctuation in VAT, if indeed there is any.

If you have to have it and have the means to buy it then do, personally I'd never buy a new watch especially at that price level.

Cheers,
Gary

There speaks the man who was the cause of me getting into vintage in the first place!