I saw Paul Thorpe's video this morning. 4% across the board he said.
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This is doing the rounds (Rolex forum, instagram, Etc). Of course at this stage it’s all sourced “from a contact” but seems that hot SS models (Daytona, GMTs, Sub) up c10%, most others around 3% and some not changed at all.
Has anybody else heard this?
Doubt will be enough to dampen demand and will probably see a corresponding increase in Grey market pricing.
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I saw Paul Thorpe's video this morning. 4% across the board he said.
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The 10% was quoted for the German, not Uk market pricing Michael.
My own understanding is 3.5% for the UK.
It seems completely irrelevant. Who cares about 4% when people will suck someone else off to be able to get stuff at just 50% over list?
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I guess if you were planning on making the jump on anything from the pre owned market now is the time. As they will innevitably go up too until supply issues are sorted
Given RPI is currently 7.1%, this could be seen as a price cut.
I predict 27% and you’ll need to buy at least three Camels before being allowed to purchase a SS model.
Would seem reasonable increase, but actually getting a steel sports model at RRP is difficult as it is.
Bit like someone telling me that the price of a ferrari or bbeluga caviar is going up. I would do the classic "alan partridge shrug of the shoulders".
Something i probably cant get or afford any time soon
Two points.
Rolex could easily get away with applying a 10% increase and the demand would still be there.
If you don't want to buy a Rolex, why worry about it.
[QUOTE=Mick P;5898679]Two points.
Rolex could easily get away with applying a 10% increase and the demand would still be there.
(QUOTE]
Maybe 10% on the coveted SS models. But I very much doubt that wrt all the myriad of other watch variants they produce and sell to people who are not necessarily members of TZ
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On the Rolexforums, they are suggesting that most watches will increase between 2.6% and 4.1%, e.g. Oyster Perpetual PM Sports and Datejusts.
But on the sort after Steel Sports, the increase will be between 9.7% and 11.8%. Including the Explorer (11.8% increase), Air King (11.7% increase), Sub Date (9.9% increase) and GMT (11.4% increase).
Not confirmed yet. From Rolex point of view, it would make sense to apply bigger increases on the more in demand watches.
This is allegedly a revised European price list for the New Year…
https://watchdealers.com/wp-content/...01.01.2022.pdf
Hope this clears the murkey waters!! 😂
As of 1st January:
116500LN £11600
126610LN £8050
126610LV £8500
126710BLNR/BLRO Oyster £8400 Jubilee £8600
126334 (S&W Datejust 41) Oyster £8000 Jubilee £8150
These are just a few examples. There are some models with Mother of Pearl dials that are coming down in price and some non-movers.
The price rise stories are coming from various “sources” and countries…UK, Germany and the USA…so although not direct from the horse’s mouth there must be some truth in the numbers, or just a coincidence that these are all coming out at exactly the same time. Like I said earlier though we won’t have to wait long until we see the true picture.
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Many thanks for letting us know, much appreciated.
Out of interest I always thought Rolex updated prices after close of business the night before (so say 31st December for a 1st January increase), how come they’ve let people know nearly two weeks ahead?
What’s gold watches in general going up by? Daytonas, subs, GMT’s etc.
Edit just seen you’re above post and that you’re still busy so don’t worry about replying. Thanks again for the heads up anyway :-)
Last edited by Devonian; 23rd December 2021 at 16:09.
As far as I am concerned the only people who know are God,Rolex and HM.
And none of them is going to talk.
So let us wait till Jan 1.
Servicing costs will follow.
Expect north of £700 to service a simple 3 hander.
126300 black DJ41, smooth bezel oyster bracelet?
Thanks
The Rolex board must sit in a room going "what can we get away with next"