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HL65 · 10 February 2015, 08:32 PM

Quote:

Originally Posted by lapince

How can they reduce prices in US$ when the dollar took 15% on the CHF????? Prices increased in EUrope by 7%, good I bought mine before, even if not from Patek I would expect the grey dealers to follow the increase...

Because US already pays a 20% premium to Switzerland. So now it is 13% vs 20% that is how and also the dollar picked up roughly half of that decline already.

de66 · 10 February 2015, 09:04 PM

Quote:

Originally Posted by HL65

Because US already pays a 20% premium to Switzerland. So now it is 13% vs 20% that is how and also the dollar picked up roughly half of that decline already.

Similar for Asia and Australasia prices....

hchj · 10 February 2015, 08:04 PM

5% decrease happened in hong kong today.

ansharma · 10 February 2015, 08:07 PM

Any news about UK prices please? Was going to put down a deposit on an Aquanaut today currently £13,710.

Passionata · 10 February 2015, 08:19 PM

Quote:

Originally Posted by ansharma

Any news about UK prices please? Was going to put down a deposit on an Aquanaut today currently £13,710.

far too expensive even w the 7%increase on EU pricing
imho

Puffy · 10 February 2015, 09:05 PM

Quote:

Originally Posted by Passionata

far too expensive even w the 7%increase on EU pricing
imho

Remember UK has 20% VAT/slaes tax and everything is generally overpriced to shits

Passionata · 10 February 2015, 09:20 PM

Quote:

Originally Posted by Puffy

Remember UK has 20% VAT/slaes tax and everything is generally overpriced to shits

same all over Europe pal , my reply based on German prices which incl. 19%VAT ,
it was €15330 before Iguess now around 16400 which is about £12160.

masonalexander63 · 11 February 2015, 04:59 AM

Would be nice to see a price decrease for all of us buyers :)

Flex368 · 10 February 2015, 08:28 PM

George is right, that´s about 1500 quid too much.

HL65 · 10 February 2015, 09:10 PM

I think this will hurt owners with current references that they already have a tough time selling and don't think it will improve sales for them either. For those who buy right your discount just got bigger. For those who pay retail well you know. For those who own retired references with strong demand means nothing to you! For the very hard pieces to source that Patek doesn't discount much they will still remain very hard to source pieces. So now world will have more even playing field for prices. Again buy right and buy the right pieces and life goes on!

Passionata · 10 February 2015, 09:22 PM

Quote:

Originally Posted by HL65

I think this will hurt owners with current references that they already have a tough time selling and don't think it will improve sales for them either. For those who buy right your discount just got bigger. For those who pay retail well you know. For those who own retired references with strong demand means nothing to you! For the very hard pieces to source that Patek doesn't discount much they will still remain very hard to source pieces. So now world will have more even playing field for prices. Again buy right and buy the right pieces and life goes on!

Amen .
that was beautiful Ken

HL65 · 10 February 2015, 09:28 PM

Quote:

Originally Posted by Passionata

Amen .
that was beautiful Ken

dkchan88 · 10 February 2015, 09:54 PM

20% price drop in HK. I just confirmed with an AD.

Racerdj · 10 February 2015, 10:08 PM

Per Ken, 'buy right and buy the right pieces'! Subscribed and following

imagereplitech · 10 February 2015, 10:34 PM

with all these prices decrease, it will make the pricing matrix go south and not inline with others brands where there are increasing their price such as AP ? It just cannot understand.

Passionata · 10 February 2015, 10:50 PM

Quote:

Originally Posted by imagereplitech

with all these prices decrease, it will make the pricing matrix go south and not inline with others brands where there are increasing their price such as AP ? It just cannot understand.

May AP took the wrong route

benlee · 10 February 2015, 11:18 PM

Quote:

Originally Posted by Passionata

May AP took the wrong route

No. Since AP increase price while PP reduce, it means AP is now more prestigious than PP.

Puffy · 10 February 2015, 10:52 PM

Quote:

Originally Posted by imagereplitech

with all these prices decrease, it will make the pricing matrix go south and not inline with others brands where there are increasing their price such as AP ? It just cannot understand.

Will certainly make it less attractive for grey dealers. No margin or parallel importing benefits.

See what happens with preloved goods. There should be a few bargains coming up

kilyung · 10 February 2015, 11:06 PM

Wow. Time to go shopping!

benlee · 10 February 2015, 11:18 PM

Quote:

Originally Posted by kilyung

Wow. Time to go shopping!

+1. I am drooling over a potential Nautilus purchase.

jjnd08 · 10 February 2015, 11:20 PM

I had to check the calendar when I first read this thread - I thought it was an April Fool's Day joke.

I'll be curious when someone can confirm what the actual drop is in the US.

SMD · 10 February 2015, 11:21 PM

Any idea whether they adjusted wholesale pricing?

texex91 · 10 February 2015, 11:41 PM

For those wanting to get into Patek it's a great time.

I remember when AP did this several years ago and pissed off a bunch of RG buyers.

It's funny because if there is a price decrease people will complain, if there is a price increase people will complain. No win. My vote is price decrease.

iazrollie · 10 February 2015, 11:56 PM

This has to be a joke. I have an incoming on the fed ex truck right now.

goog53 · 11 February 2015, 12:04 AM

Quote:

Originally Posted by iazrollie

This has to be a joke. I have an incoming on the fed ex truck right now.

It sucks Ian! The piece you are getting is not readily available and is definitely sought after regardless of the price decrease so think of it that way. Wear in good health and enjoy her

GB-man · 11 February 2015, 12:19 AM

Cows are flying. Glad I didn't pay msrp or I'd be pissed. Anyone have any info on Canada?

dexvd · 11 February 2015, 05:34 AM

Quote:

Originally Posted by GB-man

Cows are flying. Glad I didn't pay msrp or I'd be pissed. Anyone have any info on Canada?

I sent an email off to a Patek AD in Canada today, got a response back that yes the price was changing in other countries "but unfortunately the Canadian dollar hasn't been doing much". I took that as "no price change" although I didn't really get an explicit answer.

watch1907 · 11 February 2015, 12:44 AM

Just got of the phone with the Boutique in İstanbul (who sells based on a CHF price list)
After talking with the HQ, they confirmed that USD based list prices are +7%, EUR based list prices are +3%, HKD/Most Asia price lists -3%

Please shout if you hear anything different. It is strange that USD prices are increasing less than EUR, given EUR depreciated more against the CHF

de66 · 11 February 2015, 01:06 AM

Quote:

Originally Posted by watch1907

Just got of the phone with the Boutique in İstanbul (who sells based on a CHF price list)
After talking with the HQ, they confirmed that USD based list prices are +7%, EUR based list prices are +3%, HKD/Most Asia price lists -3%

Please shout if you hear anything different. It is strange that USD prices are increasing less than EUR, given EUR depreciated more against the CHF

Patek Salon Paris has 7% increase, Patek AD Zurich mentioned the same increase for Europe.

exxondus · 11 February 2015, 12:59 AM

I am pissed. I jus got a 5711 not too long ago

10 February 2015, 09:10 PM	#10
HL65 TRF Moderator & 2024 DATE-JUST41 Patron Join Date: Dec 2007 Real Name: Ken Location: SW Florida Watch: One on my wrist. Posts: 63,472	I think this will hurt owners with current references that they already have a tough time selling and don't think it will improve sales for them either. For those who buy right your discount just got bigger. For those who pay retail well you know. For those who own retired references with strong demand means nothing to you! For the very hard pieces to source that Patek doesn't discount much they will still remain very hard to source pieces. So now world will have more even playing field for prices. Again buy right and buy the right pieces and life goes on! __________________ *SPEM SUCCESSUS ALIT*

10 February 2015, 10:08 PM	#14
Racerdj 2024 Pledge Member Join Date: Apr 2013 Location: Indianapolis Watch: Patek-Philippe Posts: 16,832	Per Ken, 'buy right and buy the right pieces'! Subscribed and following __________________ Rolex and Patek Philippe

10 February 2015, 11:56 PM	#24
iazrollie "TRF" Member Join Date: Jul 2013 Real Name: Ian Location: NY Watch: All of them Posts: 3,245	This has to be a joke. I have an incoming on the fed ex truck right now. __________________ Rolex, PPs, Breitling

10 February 2015, 08:04 PM	#3
hchj "TRF" Member Join Date: Dec 2013 Location: Singapore Posts: 230	5% decrease happened in hong kong today.

10 February 2015, 08:07 PM	#4
ansharma "TRF" Member Join Date: Oct 2008 Location: UK Watch: Lange 1 Moonphase Posts: 1,765	Any news about UK prices please? Was going to put down a deposit on an Aquanaut today currently £13,710.

11 February 2015, 04:59 AM	#8
masonalexander63 "TRF" Member Join Date: Feb 2015 Location: Scranton Posts: 2	Would be nice to see a price decrease for all of us buyers :)

10 February 2015, 08:28 PM	#9
Flex368 "TRF" Member Join Date: May 2014 Real Name: Felix Location: GMT +1 Watch: Yes! Posts: 2,982	George is right, that´s about 1500 quid too much.

10 February 2015, 09:54 PM	#13
dkchan88 "TRF" Member Join Date: Oct 2012 Real Name: Dennis Location: Hong Kong Watch: GMT II 16710,16750 Posts: 25	20% price drop in HK. I just confirmed with an AD.

10 February 2015, 10:34 PM	#15
imagereplitech "TRF" Member Join Date: Oct 2014 Location: Singapore Posts: 26	with all these prices decrease, it will make the pricing matrix go south and not inline with others brands where there are increasing their price such as AP ? It just cannot understand.

10 February 2015, 11:06 PM	#19
kilyung 2024 Pledge Member Join Date: Jul 2009 Location: Cave Watch: Sundial Posts: 33,873	Wow. Time to go shopping!

10 February 2015, 11:20 PM	#21
jjnd08 "TRF" Member Join Date: Jan 2013 Location: United States Posts: 8,605	I had to check the calendar when I first read this thread - I thought it was an April Fool's Day joke. I'll be curious when someone can confirm what the actual drop is in the US.

10 February 2015, 11:21 PM	#22
SMD "TRF" Member Join Date: Jan 2013 Real Name: SMD Location: LGA/EWR/ORD Watch: AP/PP Posts: 3,668	Any idea whether they adjusted wholesale pricing?

10 February 2015, 11:41 PM	#23
texex91 "TRF" Member Join Date: May 2007 Location: . Posts: 17,898	For those wanting to get into Patek it's a great time. I remember when AP did this several years ago and pissed off a bunch of RG buyers. It's funny because if there is a price decrease people will complain, if there is a price increase people will complain. No win. My vote is price decrease.

11 February 2015, 12:19 AM	#26
GB-man 2024 Pledge Member Join Date: Nov 2012 Location: USA Watch: addiction issues Posts: 36,905	Cows are flying. Glad I didn't pay msrp or I'd be pissed. Anyone have any info on Canada?

11 February 2015, 12:44 AM	#28
watch1907 "TRF" Member Join Date: Oct 2013 Location: istanbul Posts: 28	Just got of the phone with the Boutique in İstanbul (who sells based on a CHF price list) After talking with the HQ, they confirmed that USD based list prices are +7%, EUR based list prices are +3%, HKD/Most Asia price lists -3% Please shout if you hear anything different. It is strange that USD prices are increasing less than EUR, given EUR depreciated more against the CHF

11 February 2015, 12:59 AM	#30
exxondus "TRF" Member Join Date: May 2009 Location: Singapore Posts: 568	I am pissed. I jus got a 5711 not too long ago

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