Discount on new Rolex?

[neil-f]

chris56 said:

Calm down dear it is only a forum afterall.

I have many different Rolex all bought new from Rolex ADs - all but one were bought here in the UK. The only Rolex watches I have ever paid full list price for were my two SS Daytona (black face and white face)and a Rolex LV Anniversary sub date. On all the other watches I have had a discount.
The highest discount was 33% on a brand new SS Submariner Date , followed by 25% on a brand new Gold Submariner date, 20% on a Steel and Gold Datejust, 15% off a Steel and Gold Daytona, 11% off a SS GMT IIC, 10% off a Rolex DeepSea(this was bought recently - I could have probably haggled more off)

Thank you

[jonny70]

bobbybee said:

As no one has ever proved this mystical 20% discount on Rolex, it all smacks of B*llsh*t to me.

My father got 20% off a Rolex sub in 1986 in Laings in Glasgow.

[westberks]

Spaceman2001 said:

I spoke to the rolex AD at Heathrow and you don't need to be flying out of the EU to get the 20% off.
Just book a flight to Manchester and get the train home.
They don't always have the best sports steel watches in but anything with gold they will be more than happy to get for you. Give them a heads up and they will get it in for you.

This was the info they gave me two months ago.

Simples

was in said dealers the other day and they get no s/s sports models at all. All bimetal or non-sports. was looking for one myself and was chatting for a while looking at a few pieces. the guy basically said to try them for some of the harder to get stuff and ltd editions as they are a big dealer for lots of big brands (was also looking at IWC and he mentioned the limited edition Yacht Club coming out soon)but knows that people will get bigger discounts on a lot of stuff by shopping around.

personally only ever paid list for my Daytona (actually paid a feckin premium; bugger)

[sjt85]

I got a ~10% discount on my S/S Datejust II this month from my local AD, price was negotiated before payment method and was offered finance on the discounted price, annoyingly I had the cash in place.

The biggest bonus was the 12 week delivery time actually became 4 days.

[456GT]

I was looking at a secondhand Submariner in my local watch repairer and he said they could get 15% off a new Rolex as they were authorised to work on them. I think it'll come down to negotiating with local dealers but as this guy wasn't budging more than £100 on the secondhand one it will be difficult to get a great deal.

Best bet maybe duty free next time you go on holiday!

[Stedman]

Speak to Simon at Regal time - 0207 491 7722

Great guy, and should be able to help you out.

[Jules360]

Take a holiday in Dubai. Between 20 and 40% off new Rolex here, if you know where to go. My guy last week even had a SS Daytona about 12% below list. Brand new.

[gp1699]

Jules360 said:

Take a holiday in Dubai. Between 20 and 40% off new Rolex here, if you know where to go. My guy last week even had a SS Daytona about 12% below list. Brand new.

Where should I be looking at? I'm in Dubai July... looking for a new sub at the moment, guess its worth waiting a month or so?

[Jules360]

As ever, discount on SS sports is less than on the bi-metal and gold, but still good. PM me nearer the time and ill let you know

[gp1699]

Jules360 said:

As ever, discount on SS sports is less than on the bi-metal and gold, but still good. PM me nearer the time and ill let you know

Thanks I will do

[Tyy]

I negotiated a 15% discount off a new Milgauss from my local AD a few months ago.

[jonny70]

Tyy said:

I negotiated a 15% discount off a new Milgauss from my local AD a few months ago.

which agent?

[Tyy]

jonny70 said:

which agent?

Parkhouse in Southampton, it was my first proper watch purchase and I thought the service was very good.

[alanm_3]

I travel to Dubai a lot and only ever see new Rolex in branches of Seddiqi (apologies for the spelling) and as I understand it, they have the monopoly on new (official) Rolex.
I'm guessing anyone else selling them there, must be getting grey imports?

[Buster73]

alanm_3 said:

I travel to Dubai a lot and only ever see new Rolex in branches of Seddiqi (apologies for the spelling) and as I understand it, they have the monopoly on new (official) Rolex.
I'm guessing anyone else selling them there, must be getting grey imports?

Looked at a Yachtmaster a few years ago , and got them down to the equivalent of £3750 , I hesitated and walked away , now £8200 here.

Could kick myself.

[alanm_3]

Sadly those days are no more. The Dirham is linked to the US Dollar and the exchange rate has gone from around 7-8, maybe 10 years ago, to less than 6, so most things are as expensive, or sometimes more so than back in the UK.

The advantage about buying in the UAE is that they almost always have every model in stock, as a lot of people there can be quite impulsive and expect a dealer to have what they want, immediately!

Then there's the lottery of wether or not to declare it upon return and face paying duty etc on it...........
Many dealers actually offer to post the box and papers without you having to ask.

[flyingjase]

Just put a deposit on a mid size brand new Rolex for the Mrs.

RRP in Goldsmiths - £9150 and told absolutely no discount available as it's a steel watch

From Watches of Switzerland in Heathrow - £7625

Luckily they had the one she wanted on stock as you can't order then in, they get what they are given, however they will reserve a watch for you with a 10% deposit. I'm not flying next until the end of June so will collect it then.

Apparently there is a Rolex price increase due in the next month as well, but we are locked into the lower price which is a bonus as well.

[jshell]

flyingjase said:

Apparently there is a Rolex price increase due in the next month as well, but we are locked into the lower price which is a bonus as well.

Two bits of information that oft prove wrong.

AD's regularly warn of a price increase next month to increase sales. They only find out a few days prior. Loads and loads of people have complained that when they pick up a watch that's been oredered or reserved just before a price increase, they are charged based on the higher price.

Hope you don't get hit.

[flyingjase]

jshell said:

Two bits of information that oft prove wrong.

AD's regularly warn of a price increase next month to increase sales. They only find out a few days prior. Loads and loads of people have complained that when they pick up a watch that's been oredered or reserved just before a price increase, they are charged based on the higher price.

Hope you don't get hit.

Interesting - I can understand them using this as a sales tool, however it would be wrong to then charge someone a higher price having already put a desposit down.

Given the watch is being bought from Mappin & Webb / Watches of Switzerland I would like to think they would stick to their word and keep the current agreed price that is set out on the sales receipt.

We'll see! If they don't then it's a tough one as the watch is still 17% cheaper than (current) High St RRP pricing and I guess that price difference will remain that way due to the lack of VAT.

[Rgee]

I bought a Rolex from Mappin and Webb Heathrow T5 last June and if I recall their price increase lagged the high street by a couple of weeks.