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Old 24 January 2018, 05:44 AM   #1
Bek
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Price increase

So gentleman, 5711 and 5712 won’t be discontinued since they have price increase
5711/1a - $29803
5712/1a- $39873

Patek is doing price increase this year in US and so far this is the confirmation of these watches! Other watches will follow on Basel day.


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Old 24 January 2018, 05:54 AM   #2
Hramez
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There is no price change on Patek Philippe website



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Old 24 January 2018, 05:59 AM   #3
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There is no price change on Patek Philippe website



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US region and web site shows CHF only. Just wait and you will see! I have both arriving and I was told about this today.


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Old 24 January 2018, 05:59 AM   #4
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Rolex next.
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Old 24 January 2018, 06:05 AM   #5
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20% in the 5711?
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Old 24 January 2018, 06:14 AM   #6
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20% in the 5711?


Sounds like it


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Old 24 January 2018, 06:16 AM   #7
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Sounds like it


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Big number. Surprising it would be so big, even considering the 7% decease a few years ago.
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Old 24 January 2018, 06:07 AM   #8
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Sheesh if this is legit info, 20% is a steep increase for the 5711/1A.
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Old 24 January 2018, 06:15 AM   #9
Bek
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Sheesh if this is legit info, 20% is a steep increase for the 5711/1A.


Yes, it’s legit. Matter of time when people start send messages to their clients


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Old 24 January 2018, 06:39 AM   #10
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Sheesh if this is legit info, 20% is a steep increase for the 5711/1A.


It's legit.
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Old 24 January 2018, 06:07 AM   #11
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interesting. I purchased a 5712/1a yesterday so must have just gotten in under the wire.
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Old 24 January 2018, 06:16 AM   #12
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interesting. I purchased a 5712/1a yesterday so must have just gotten in under the wire.


As of March 1st they said


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Old 2 March 2018, 12:05 AM   #13
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1st March price list

I find this all rather confusing.

So my AD told me last week (following the arrival of my watch) that if I did not pay the monies before end of February, they had no choice but as of 1st March to impose the new, increased prices.

Users elsewhere on this Board have indicated that there is no 1st March increase, but I saw your post which accorded with that I was told. That said, on the Patek website today the price is exactly as I paid for it and has not been increased.

Whilst I am not too concerned at all about whether or not Patek have increased prices, what I would be unhappy about is if an AD made up information about a bogus price increase in order to pressure a customer in to making a rushed decision or paying more quickly than they can comfortably do (i.e. I was not able to wait 7 days for some monies to be transferred from an investment, meaning I had to use a credit card and incur some fees). I was happy to do that if it meant I was avoiding a price increase but if in fact there was no price increase I have incurred fees I did not need to incur (I could have just paid a deposit and gone back 7 days later to settle the balance).

Can anyone solve this debate?!
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Old 2 March 2018, 12:07 AM   #14
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I find this all rather confusing.

So my AD told me last week (following the arrival of my watch) that if I did not pay the monies before end of February, they had no choice but as of 1st March to impose the new, increased prices.

Users elsewhere on this Board have indicated that there is no 1st March increase, but I saw your post which accorded with that I was told. That said, on the Patek website today the price is exactly as I paid for it and has not been increased.

Whilst I am not too concerned at all about whether or not Patek have increased prices, what I would be unhappy about is if an AD made up information about a bogus price increase in order to pressure a customer in to making a rushed decision or paying more quickly than they can comfortably do (i.e. I was not able to wait 7 days for some monies to be transferred from an investment, meaning I had to use a credit card and incur some fees). I was happy to do that if it meant I was avoiding a price increase but if in fact there was no price increase I have incurred fees I did not need to incur (I could have just paid a deposit and gone back 7 days later to settle the balance).

Can anyone solve this debate?!
The new, increased prices are up on the website.
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Old 2 March 2018, 01:22 AM   #15
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Originally Posted by Hendrikus View Post
I find this all rather confusing.

So my AD told me last week (following the arrival of my watch) that if I did not pay the monies before end of February, they had no choice but as of 1st March to impose the new, increased prices.

Users elsewhere on this Board have indicated that there is no 1st March increase, but I saw your post which accorded with that I was told. That said, on the Patek website today the price is exactly as I paid for it and has not been increased.

Whilst I am not too concerned at all about whether or not Patek have increased prices, what I would be unhappy about is if an AD made up information about a bogus price increase in order to pressure a customer in to making a rushed decision or paying more quickly than they can comfortably do (i.e. I was not able to wait 7 days for some monies to be transferred from an investment, meaning I had to use a credit card and incur some fees). I was happy to do that if it meant I was avoiding a price increase but if in fact there was no price increase I have incurred fees I did not need to incur (I could have just paid a deposit and gone back 7 days later to settle the balance).

Can anyone solve this debate?!
The increased prices are only for the 5711 and 5712, your 5167a has no increase in price, at this point. Your AD knew of only the 5711/12 increase and not the others, he was BSing you to get you to buy now.
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Old 2 March 2018, 02:11 AM   #16
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The increased prices are only for the 5711 and 5712, your 5167a has no increase in price, at this point. Your AD knew of only the 5711/12 increase and not the others, he was BSing you to get you to buy now.
could just be a miscommunication as that 5167 should have had a waitlist anyway so i dont know why they would tell you incorrect info to pressure you into a purchase. Prices will go up at some point and its good you bought now as i highly doubt most AD's would have held it after it arrived anyway. They can sell that in 5 minutes.

Enjoy the great watch Hendrikus
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Old 24 January 2018, 06:14 AM   #17
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What’s the source?
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Old 24 January 2018, 06:19 AM   #18
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What’s the source?


My AD got the email from PP


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Old 24 January 2018, 06:20 AM   #19
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My AD got the email from PP


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Have the AD forward you the email, then take a screen shot, black out personal info and post it here.
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Old 24 January 2018, 06:23 AM   #20
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Well, .

As if grey prices weren't high enough already...
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Old 24 January 2018, 06:28 AM   #21
Bek
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Well, .



As if grey prices weren't high enough already...


Probably they’ve been watching the market and decided what he he’ll and let’s do it


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Old 24 January 2018, 06:27 AM   #22
Bek
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Have the AD forward you the email, then take a screen shot, black out personal info and post it here.


I’ve got the screenshot, but I do respect privacy


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Old 24 January 2018, 06:19 AM   #23
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any info on 5167a and /1a increases?
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Old 24 January 2018, 06:25 AM   #24
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I will offer I "heard" (was told) the same thing...and I would guess that anyone would not give up the source on general internet forum. :)
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Old 24 January 2018, 06:31 AM   #25
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I think they just raised the prices to the level it was before the drop which seems logical since $chf is the 0.95 these days
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Old 24 January 2018, 06:32 AM   #26
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Whilst I would not wish to question the information provided by Bek, as I am sure it is being relayed to us with the best intentions, I struggle to believe that Patek Philippe would confirm such a price rise solely on these two timepieces - perhaps the most highly demanded within the whole range - with the rest to follow at Baselworld. In any case, Patek Philippe would no doubt have informed all ADs at the same time, so others would be receiving the same information in short order and be able to validate thereafter.
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Old 24 January 2018, 06:44 AM   #27
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Whilst I would not wish to question the information provided by Bek, as I am sure it is being relayed to us with the best intentions, I struggle to believe that Patek Philippe would only confirm such a price rise on only these two timepieces - perhaps the most highly demanded within the whole range - with the rest to follow at Baselworld. In any case, Patek Philippe would no doubt have informed all ADs at the same time, so others would be receive the same information in short order.


It’s legit info, reach out to your AD to confirm.


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Old 24 January 2018, 09:11 AM   #28
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It’s legit info, reach out to your AD to confirm.


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I have received similar confirmation to others here, albeit not with the specific price details. Thank you for bringing this information to the forum, Bek.
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Old 24 January 2018, 09:30 AM   #29
Bek
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I have received similar confirmation to others here, albeit not with the specific price details. Thank you for bringing this information to the forum, Bek.


I’m glad I could help


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Old 24 January 2018, 06:32 AM   #30
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Damn. I feel for those who haven’t gotten theirs yet.
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