Jun 2012 Rolex List price (page 124/125)

[bEnd1ck]

Well, sometimes cannot totally blame Rolex, or other watch makers.
Rolex set a retail price for some models, Buyers out there are willing to pay premium price for it.... e.g. the daytona, milgauss, gmt IIC, and probably the coming deep sea.

Take for example rolex sets the list price for milgauss at 9k, it means that the AD's cost is probably 5k-6k? (just a guess). But there are willing buyers at what 15-16k? .... means that the AD make more profit than Rolex?? If you are Rolex, what would you do?

[tigertail75]

most likely due to the weak USD which is the selling currency in international markets. if you look at USDCHF, USD has depreciated against Swiss Franc by almost 15% in the last 6-7 mths.

[Darkangel]

I doubt so la....but I mean I hope it's not true also. Otherwise...Rolex is gonna be like LV already keep increasing prices so many times a yr

[Oceanklassik]

Agreed. The soaring prices are almost crazy..! Was shocked when I learnt of the information. Sad ...

[seiko.citizen]

ya, i can understand if our wages are inflation adjusted, but some price jumps are simply too much

[teo]

All things increase so much but salary never increase much.

[teo]

agreed. soon, rolex is going to have a problem with people not making enough to make ends meet, and eventually i think their sales may drop.

Not really all branded watches are increasing in their prices not only Rolex. Look at patek its scary too.

[seiko.citizen]

I think Panerai has priced out of working people. Their price increase higher than rolex.

agreed. soon, rolex is going to have a problem with people not making enough to make ends meet, and eventually i think their sales may drop.

[problmchylde]

Again.....they jus up the price recently.This is crazy......

[teo]

i seem to agree. while it is rumor now, i think rolex will raise price, even if a few % so as to keep the price of the new products up there.

also it seems that slowly, rolex is being priced out of "wan sek tsai" (working people) and more the upmarket

I think Panerai has priced out of working people. Their price increase higher than rolex.

[seiko.citizen]

i seem to agree. while it is rumor now, i think rolex will raise price, even if a few % so as to keep the price of the new products up there.

also it seems that slowly, rolex is being priced out of "wan sek tsai" (working people) and more the upmarket

[Darkangel]

Rumours....

[minusplus]

Likely. But until official release, they're nothing but rumours

[Oceanklassik]

Another Price Increase

To all,

I've heard rumours of another possible price increase for ROLEX watches in July 2008. Information received yesterday from a local ROLEX AD.

Thanks.

[evets]

I have heard that in HK one is able to get cheaper Rolex, diamond and others blah blah stuffs as compared to Singapore. So when i was in HK a couple of years back, i went to check out the prices of Rolex watches there.

The difference between Singapore and HK is that there are many shops selling Rolex and it is not easy to identify which are the authentic ADs.

However I went to one of the more reputable shop and check out the price of DJ Oyster Perpetual which i got it. Looking at the RRP and less of the discount which i casually asked off hand. . . the price is work out to be much better as compared to the one i got in Singapore, taking into consider that I bargain till my jaw drops and I bougth 2 Rolexes then.

I think with more bargaining power one can get more discount....hmmm..
Think the current weaker USD will benefit us when we go HK to shop