Buying a U1

[dominique_kwok]

I'm thinking of getting a U1. I was quoted 30% off for the watch at THG. With the POSB/DBS promotion, i will be able to get another 5% rebate. Should i bite the bullet? After all the discounts, the watch comes up to $3700 x 0.7 x 0.95 = $2460.50. Alternatively, any one able to get a BNIB one at a better price? Thanks!

[triton]

you may want to check out other threads in this section where some private watch dealers may be able to provide additional assistance.

[triton]

to supplement my previous post, you may want to read this thread for more information to help you decide.

[satch]

it's about the same price as last year before price increase... nothing exciting to shout about. if u have friends traveling to europe. better to buy from there, with the euro now at 1.6, it should cost u nothing more than S$1.7K.

[ichiban]

does cortina have sinn watches?
else the 13% rebate with ANZ card is better

[dominique_kwok]

does cortina have sinn watches?
else the 13% rebate with ANZ card is better

Unfortunately no....

[dominique_kwok]

it's about the same price as last year before price increase... nothing exciting to shout about. if u have friends traveling to europe. better to buy from there, with the euro now at 1.6, it should cost u nothing more than S$1.7K.

Im gg to Paris and Italy in dec tho wld they have Sinn there?

[satch]

Im gg to Paris and Italy in dec tho wld they have Sinn there?

i got mine at the sinn factory in frankfurt itself... during the following 2-3 weeks in various parts of europe (austria, switzerland, czech republic), didn't come across any sinn boutiques or AD shops.

[skydweller_sg]

has THG increased price yet?

[satch]

Think you have your maths wrong. Sinn in Europe just increased price effective 01 Sept and you will not be able to get this price even years ago unless it is a pre owned one. Thanks.

I did in fact got mine @ sinn factory in may 12 @ eur 12** before vat refund... at 1.6 exchange rate, it is sgd 17**

Will attach receipt online if have time...

Place check your maths

[satch]

http://forums.watchuseek.com/attachm...-sept12-13.pdf

Wus posted the Sep price...only v modest increase to 1290...still within low 17** with current exchange rates. Get sinn to do direct vat refund to get back full 19%

[Jameswong]

January already increase.

[satch]

January already increase.

Yes we all know about the price increases ... no sweat about that.

All I am saying is even based on the current price €1290 before vat refund, u still end up paying s$17** after getting back vat refund.

Peace.

[skydweller_sg]

dont think 1.7k can get - even if u evade the 7% gst at changi airport
last check with a gray dealer he got it at closer to 2k range, but then he probably bought a few sets and had to declare gst
even then he is selling the new piece at 2.3k only, so profit margin very low

http://forums.watchuseek.com/attachm...-sept12-13.pdf

Wus posted the Sep price...only v modest increase to 1290...still within low 17** with current exchange rates. Get sinn to do direct vat refund to get back full 19%

[satch]

dont think 1.7k can get - even if u evade the 7% gst at changi airport
last check with a gray dealer he got it at closer to 2k range, but then he probably bought a few sets and had to declare gst
even then he is selling the new piece at 2.3k only, so profit margin very low

Not sure where grey dealer gets his supply from.

What i wrote is based on personal experience buying from sinn store in frankfurt itself. The price i got was slightly lower than current €1290 list price (after dsep 12 increase).

Just work out the maths:
Price €1290
Vat refund 19% or 14.5% depending if u want to use global blue
Exchange rate ~ 1:1.6

Grey dealers may get their supplies not durectly from sinn, i am not sure, perhaps that is why price higher...BUT the main purpose of my comment is to share abt buying u1 from europe, not from grey dealers. Hope my position is well understood.

:-)