Sunday 15 January 2017

Rolex : 1st Price Increase for 2017


Well, it should come as no surprise that Rolex would have price increases from time to time, but the 1st price increase from the Malaysian RRP would take place from Monday, 16th January 2017 where the prices would increase by approximately 7%. Therefore, it ain't surprising to find Rolex fans hitting the ADs to net their fave Rolex watches, prior to the actual price increase. In fact, I was informed by one of the ADs about a month back, with regards to the scheduled price increase, no thanks partly to the depreciating local currency.


I duly-passed on the information then, which was how I found myself seated at the AD to assist a family member to pick up a piece of Datejust diamond in rose gold, over 2 dials- silver or rose gold. With a RRP : RM43,070 prior to the price increase, I was offered the piece at RM40,800 as a final purchase price. Rolex being Rolex, it would likely be an easy flip with minimal depreciation should one decides to flip it in future. Of course, the Rolex sports watches would then to retain their prices better due to the bigger demand. 




The final selection came to this piece, and a very handsome piece at that.


The AD informed me that they were also expecting 2 pieces of Daytona Ceramic- in black and white, and that they would be letting those go at circa RM72k - RM75k, quite a hefty premium compared to the Rolex RRP. I also spotted a Rolex Sea-Dweller Ceramic or SD4K in the glass case, which was going at RM38k without discount. And that is my personal favourite Rolex piece.

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