Which country is easiest to buy Rolex?
Clued-up horologists on the Rolex forums suggest that your best bet is to head to South America, with countries like Brazil and Colombia regularly touted as having surprisingly decent levels of stock, even for popular 'Professional' models.
Why are Rolexes So Hard to Find? Rolex watches are a hot commodity because of their scarcity. The lack of supply is emphasized by supply chain shortages seen across many industries due to the COVID-19 pandemic.
Rolex makes some of the world's most iconic watches, like the Daytona, Submariner and classic Oyster. The Swiss company is believed to make roughly one million timepieces per year, each one by hand. But new Rolexes can be hard to find for a buyer without an established relationship with an authorised distributor.
- Dress smart when visiting the Rolex authorised dealer.
- Be personable and nice with the Rolex authorised dealer.
- Build a genuine relationship with the Rolex authorised dealer.
- Be knowledgable about Rolex.
- Go into the Rolex authorised dealer wearing a Rolex.
Unlike watches that are sold in Switzerland, which aren't really any cheaper (read this article to find out why!), Dubai actually offers luxury watches, especially Rolex watches, for a slightly cheaper price. However, the difference in price is usually only around $100 bucks.
Rolex approves the jewelers that sell their watches and is very strict about retail pricing. The retail price will not be significantly less in Switzerland and I am confident that you realize that Rolex watches are expensive, beginning at $7,500 USD ≈ $9,000 CAD ≈ $8,500 CHF.
| Model | Duration* |
|---|---|
| Air-King | 6 to 12 months |
| Datejust | 3 to 12 months |
| Day-Date | Over 3 years |
| Daytona | Over 5 years, occasionally much longer |
However, from the worldwide map, it's clear that the UK has the most people likely to purchase a Rolex. In the country, there are 6.3 million searches made each year, just over half compared to the 10 million made in the US.
The pandemic affected supply, but that's not the whole story
And even simple, time-only mechanical watches contain over a hundred tiny parts. Like everything else in 2020, the Rolex factory shut down for a number of months due to COVID-19, so there was at least some impact on supply.
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Share of Americans who own Rolex watches in 2018, by income.
| Characteristic | Share of respondents |
|---|---|
| - | - |
Which Rolex models are hard to get?
In writing moments, the Rolex models that are the hardest to get are the Daytona 116500, 126710BLNR, 126710BLRO, 116610LN, 114060, 126711CHNR, 116610LN, 116610LV. So there are still other sports models from Rolex that are relatively easy to get a hold of.
What Is The Cheapest Rolex. The cheapest Rolex is the 36mm Oyster Perpetual which costs $5,800 MSRP. The Oyster Perpetual is a no date stainless steel sports model that is considered the most affordable or entry level men's Rolex.
Rolex GMT Master II Green and Black Bezel 126720VTNR Released in March 2022. The Rolex GMT Master ii Green and Black 126720VTNR is the latest Hot Rolex watch to be released. Making it's debut at watches and wonders in Geneva in March 2022 it has been an instant hit.
Rolex watches increase in price over time as the demand and supply gap widens. This makes them an asset whose value appreciates over time. Rolex increased the prices of their watches by over 4.2% at the start of 2022. This suggests a price hike is very likely in the future.
- “You have to build a relationship with the AD of your choice.” ...
- “With that said, this will not be your first watch with us.” ...
- “The AD has to see that you value them as a company.” ...
- “Rolex only creates a set number of watches per model per year.”
When working with an airport authorized dealer or boutique, generally target a discount of 30-35 percent. Unless it's a Rolex. Then be happy with a 20 percent discount or less.
The cost of a Rolex can range anywhere between $6,500 all the way up to $75,000 MSRP. Factors that affect pricing are materials, new movements, collection popularity, and complications. The average price for most Rolex watches falls between $7,000 – $12,000 MSRP.
Can unmarried couples stay in the same hotel room? According to the law, it's illegal for unmarried couples to stay in the same room during a holiday in Dubai. In reality, this is not strictly enforced and it's unlikely you'll be challenged on it. Many unmarried couples visit Dubai every year without issue.
The best place to buy Rolex watches tax-free is in Europe. This is because of the high VAT (Value Added Tax) that the EU has. The lowest rate of VAT is 15%, but most countries have a VAT of about 20%.
The price is same everywhere. It's about how much discount you get from the retailer. And how much tax you pay on it.
Can you buy Rolex duty free?
While it's true that you can typically rely on aftercare support from an authorised reseller at an airport, there are certain financial implications to purchasing a Rolex in this manner. Despite the allure of “duty-free” purchases, some Rolex retailers abroad are legally required to charge you VAT when you buy a watch.
However, from the worldwide map, it's clear that the UK has the most people likely to purchase a Rolex. In the country, there are 6.3 million searches made each year, just over half compared to the 10 million made in the US.
The best place to buy Rolex watches tax-free is in Europe. This is because of the high VAT (Value Added Tax) that the EU has. The lowest rate of VAT is 15%, but most countries have a VAT of about 20%.
The price is same everywhere. It's about how much discount you get from the retailer. And how much tax you pay on it.
When working with an airport authorized dealer or boutique, generally target a discount of 30-35 percent. Unless it's a Rolex. Then be happy with a 20 percent discount or less.
