Usually well-informed circles report that Rolex will increase prices by about 5% on November 1.
Rolex price increase
Moonshine Runner
1 - 20 of 110 Posts
Joined
·
7,254 Posts
Usually well-informed circles report that Rolex will increase prices by about 5% on November 1.
Joined
·
355 Posts
We just had a second price increase in the UK in October. I'm assuming this additional price increase is specific markets only?
But to be fair, you could be..
Joined
·
1,180 Posts
I think this one will happen here as well. 3 times in one year yay!
Joined
·
89,571 Posts
Immaterial to mere mortals……bad news for the flipping industry.
Joined
·
89,571 Posts
Ahh….but soon you will be able to buy the “Display only” models……at half price as they have no movements…..or do they 😉
Joined
·
17,213 Posts
Hah - well the insanity of today's Rolex cult means a non working, movement less, display model will be a unicorn worth 4x MSRP at the greys - people aint buying a watch to tell the time but to tell others who they think they are
Gone are them days when you bought your subby & I my SD and we bought em as decent wearing sports time tellers
Joined
·
2,350 Posts
hope this is not a nod to others to also raise prices 
Joined
·
7,254 Posts
Rolex, by the way, is in good company, IWC has also had three price increases in the current year and if I'm not too wrong, Cartier has also had three and Omega two.
... and well, according to rumors, the next price increase will then take place in the first quarter of 2023.
... and well, according to rumors, the next price increase will then take place in the first quarter of 2023.
Joined
·
17,213 Posts
MY Omega AD said to expect another price rise Jan1st - that is I think 3 in 12 months?
weak pound makes it inevitable I guess
Joined
·
89,571 Posts
Yep the Speedy sure has gone up in recent times.
Joined
·
355 Posts
It sure will be though. I was told by my UK AD there's another Omega price increase on the way and as noted above Cartier has had a number of rises this year too.hope this is not a nod to others to also raise prices
It will be interesting to see how it plays out.
My guess is that for 95% of people buying a Cartier or Rolex or Omega these days, the increased prices are no issue. A Speedy at £6k; Explorer at what £6.5k?, Santos just under £7k. I'm talking here about the casual, luxury buying audience.
For watch enthusiasts, who are defined by their hobby rather than their wealth, its likely to have more of an effect. Partly because we have a very wide range of incomes within our hobby, but also partly because we track the prices over time - a Speedy at £6k might still be good value objectively, but it seems less value when you know you could get a Speedy for £4k 18 months ago.
Perhaps these ongoing price increases - yes, due to inflation, but most people's salaries aren't keeping pace with inflation - will start to re-shape our hobby and the watches that you see most often on message boards.
Joined
·
10,362 Posts
Of course you can, don’t be ridiculous. You just have to lower your expectations to that one DJ 31 with the floral rhodium dial that’s in stock.
1 - 20 of 110 Posts
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
-
?
