Price increases of Rolex in U.S.

[Taurus75]

Hi guys,

juz learned from the Rolex forum over in Timezone that there has been an increased in the prices of Rolex watches in U.S. The incease was reported to be effective as of 1st March 2008 and ranges from an additional of 10% to 20% on its current prices. It also was widely believed that the weakening greenback and its rising inflation rate due to the sub-prime loan crisis have lead to the increase as these would aligned prices of Rolex watches in the U.S. to that of other parts of the world. Wonder how this latest round of price increases in the U.S., if it is indeed true, would influenced the local prices of Rolex watches??

[minusplus]

Hi guys,

juz learned from the Rolex forum over in Timezone that there has been an increased in the prices of Rolex watches in U.S. The incease was reported to be effective as of 1st March 2008 and ranges from an additional of 10% to 20% on its current prices. It also was widely believed that the weakening greenback and its rising inflation rate due to the sub-prime loan crisis have lead to the increase as these would aligned prices of Rolex watches in the U.S. to that of other parts of the world. Wonder how this latest round of price increases in the U.S., if it is indeed true, would influenced the local prices of Rolex watches??

I believe it's a matter of time the increase would be effected in other parts of the world. Wah... but 20% increase is quite a lot leh

[teo]

That is the beauty of rolex, price increase every year by around 10% and more for popular models. Put money in the bank interest rate is damn low, why not buy a timepiece you can enjoy and see its value grows.

[Darkangel]

Wah so high up? abit crazy leh....Time to buy more preowned hahaha

[feudallordcult]

That is the beauty of rolex, price increase every year by around 10% and more for popular models. Put money in the bank interest rate is damn low, why not buy a timepiece you can enjoy and see its value grows.

yep, quite agree to yr statement esp for discon models. then again, the value of ownership of a rollie is priceless.

btw, nice rollie collection u hv.

[wolfeyes1974]

Likely to be April...

Yup..the increase in prices had just taken place..

Asia Pac rollies' prices will folllow suit in another month or two...rumoured to be April.

cheers

james

[^Lee^]

Wah...can I say that it's a good news for those who had rolex?

Cheerio,

[Taurus75]

Yup..the increase in prices had just taken place..

Asia Pac rollies' prices will folllow suit in another month or two...rumoured to be April.

cheers

james

Wah...can I say that it's a good news for those who had rolex?

Cheerio,

if Singapore prices are also subjected to another increase again, say 3 to 5% at a conservative level, then juz imagine how much a BNIB SD would cost.... a whopping 8.4k to 8.6K!!! That would made an increase of 9 to 11 % in total since the day I had purchased my SD considering its MRSP back then was only around 7.7k. When I also factored in the discount that I got , then certainly the increase would be good news for me since it might translate to higher resell value if the demand of the SD is strong and I would probably absord less loss from my purchase price. But then again, if I were to buy another Rolex, I will still be paying a higher price wouldn't I ?? So good news or not for present Rolex owners, I'm not too sure...

[^Lee^]

if Singapore prices are also subjected to another increase again, say 3 to 5% at a conservative level, then juz imagine how much a BNIB SD would cost.... a whopping 8.4k to 8.6K!!! That would made an increase of 9 to 11 % in total since the day I had purchased my SD considering its MRSP back then was only around 7.7k. When I also factored in the discount that I got , then certainly the increase would be good news for me since it might translate to higher resell value if the demand of the SD is strong and I would probably absord less loss from my purchase price. But then again, if I were to buy another Rolex, I will still be paying a higher price wouldn't I ?? So good news or not for present Rolex owners, I'm not too sure...

Well...if you wanted to hear a good news, that mean you can only sell but cannot buy.

Anyway...there are many people out there who buy in rolex for investment / collection and when time is good they will sell it.

Maybe it's a good time to buy in preowned rolex, so much the better if it's comes with box & paper before the price increase. Sometime I was thinking that to minimize the losses, it might be a good move to buy preowned rolex.

Cheerio,

[triton]

Just got information from THG that rolex will adjust list price W.E.F from 13/03/2008 for selected models.

However, which models are affected, dont know.

[feudallordcult]

Just got information from THG that rolex will adjust list price W.E.F from 13/03/2008 for selected models.

However, which models are affected, dont know.

sighz...din know it would be so soon. think i can kiss the polar goodbye liao. tried to persuade home minister to let me buy the polar but spending over $10k on two watch over a period of two months didn't really go well with her. guess i will just continue saving for a gmt-IIc lah. price should stagnate and maybe even slide a little when all the hype has died down. then again, with rollies, one can never be too sure.

[Darkangel]

Just got information from THG that rolex will adjust list price W.E.F from 13/03/2008 for selected models.

However, which models are affected, dont know.

Err....that's tmr? Hahaaha...

LOL...I think those ever popular models like the sub will increase

[teo]

Could somebody pls update the pricelist after tomorrow? Darkangel get the submariner fast.

[Darkangel]

Could somebody pls update the pricelist after tomorrow? Darkangel get the submariner fast.

Siao la....I buy preowned for this kinda models...haha. ACtually Rolex I prefer to buy preowned,cheaper models I will buy brand new.

[satt]

Probably all sport model will be affected especially sub date... Let see tmr