Thread all abt ROLEX - Part 2

[Plikhz]

Heard from my guy that feb likely to have price increase for PP, he isn’t sure but said 3-5% likely. Anyone heard anything? (Not that it matters much since don’t have anything avail )

 

[kaylessa]

anyone have experience getting from watch exchange? Can negotiate one? Looking at their explorer 1 which they just posted.

 

[ygsub41]

anyone have experience getting from watch exchange? Can negotiate one? Looking at their explorer 1 which they just posted.

U call them ask whether any discounts lo

 

[Plikhz]

anyone have experience getting from watch exchange? Can negotiate one? Looking at their explorer 1 which they just posted.

Not from watch exchange but have gotten from another dealer, believe they are quite similar and competitive in pricing. Probably can negotiate a bit but unlikely to get more than one or two hundred off. Maybe a bit more in this climate? See if others got more updated info or experience

 

[official_t_atelier]

Heard from my guy that feb likely to have price increase for PP, he isn’t sure but said 3-5% likely. Anyone heard anything? (Not that it matters much since don’t have anything avail )

Yes 4-5% on 1st Feb..

 

[Plikhz]

Yes 4-5% on 1st Feb..

Wa ok thanks!

 

[derkaiser94]

They sell you rolex at retail when you buy their unpopular watches eg tudor, you take this Rolex flip at gray dealer who in turn sell for obscene profit?

But why would anyone sell their Rolex to Grey at retail? If your watch is worth 20k, you willing to sell at 15k?

 

[ygsub41]

But why would anyone sell their Rolex to Grey at retail? If your watch is worth 20k, you willing to sell at 15k?

Haha maybe i will push up price x3

 

[ygsub41]

I laughed when i see people pay crazy premium above retail price in 1q2022
Now these people how to unload their overprice rolex har??

 

[Damienic]

Heard from my guy that feb likely to have price increase for PP, he isn’t sure but said 3-5% likely. Anyone heard anything? (Not that it matters much since don’t have anything avail )

Not surprising. Last year PP also have their price increase on 1st Feb.

 

[Damienic]

anyone have experience getting from watch exchange? Can negotiate one? Looking at their explorer 1 which they just posted.

They are well known for having one of the largest Rolex inventory in town but they also seems to charge slightly higher than other grey dealers. if I’m not wrong, most grey dealers only allow bargaining of $200-300 off their asking price at most

 

[ygsub41]

They are well known for having one of the largest Rolex inventory in town but they also seems to charge slightly higher than other grey dealers. if I’m not wrong, most grey dealers only allow bargaining of $200-300 off their asking price at most

Wah $300 so much ah, like want their life already

 

[ygsub41]

But why would anyone sell their Rolex to Grey at retail? If your watch is worth 20k, you willing to sell at 15k?

Btw anything above retail price is speculative
Whether worth anot up to market at that time to decide
Eg 1q22 perceived as "worth" in 1q23 is perceived as "overprice"

 

[Pegasus05]

I do not mind bringing my AD out for a makan. But I think, the AD do not dare to go with me…

My trade allows me to bring client out for makan as a gesture of formality..

PLP? To me, no…
One day if I get an allocation of what I want, I would like to treat my AD Makan too.. more on a token of appreciation. To PLP? To me, nope too…

 

[Damienic]

Wah $300 so much ah, like want their life already

This gives you an idea that their mark up from the price they take in or the agreed consignment sale price is really not that high

 

[rlskyline]

I laughed when i see people pay crazy premium above retail price in 1q2022
Now these people how to unload their overprice rolex har??

they deserve it? hehe

 

[Damienic]

I do not mind bringing my AD out for a makan. But I think, the AD do not dare to go with me…

My trade allows me to bring client out for makan as a gesture of formality..

PLP? To me, no…
One day if I get an allocation of what I want, I would like to treat my AD Makan too.. more on a token of appreciation. To PLP? To me, nope too…

My profession allows me to bring clients out for makan too. But usually this is B to B kind of entertainment in my line of work and not a vendor-direct consumer relationship. I thought just buy some gifts from time to time for the SA is good enough. Never thought of inviting my SA out for makan (think she probably also not open to the idea)

 

[ygsub41]

This gives you an idea that their mark up from the price they take in or the agreed consignment sale price is really not that high

I not in watch selling biz so really i dont know how much these people earn
Anyway as long as i get my rolex at good price i am happy they want earn let them earn lo
But really, some of these really machiam durian sellers esp those in bencoolen

 

[ygsub41]

they deserve it? hehe

I think so too
Eg in 1q22 a 126618 was over 70k , now 1q23 same thing only 55k
Over 15k difference!!!! Lol retail price of 126610 !!!!!
Those who buy at over 70k , i laughed, i can get 1 126618 + 1 126610 at that price

 

[ygsub41]

Is there any news on Singapore AD doing the cpo thingy launched by rolex in dec22
Cpo = certified preown