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  1. superi4n Aug 16, 2020

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    I've seen several posts mention a +/- 6% upcoming price hike. Has anyone seen this confirmed in the US among ADs? Are these price hikes typically universal across all models?
     
  2. gbesq Aug 16, 2020

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    Not sure whether it’s true, but if so it’s a very aggressive move in the midst of a world economy saddled with a pandemic.
     
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  3. OmegaRookie Aug 16, 2020

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    My AD in Canada said the prices go up September 1st.
     
    Mushroomhead likes this.
  4. scapa Aug 16, 2020

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    Same here, though they didn't specify an amount. We already had a decent-sized jump in May across several lines, including Seamaster and Speedmaster, so if it's at the top end of 6% we'd be looking at rises of somewhere around 10-12% in 4 months, which is pretty damn sharp, especially given the market conditions. It's enough to have me looking elsewhere for a new diver (well, that and the current catalogue).
     
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  5. Meme-Dweller Aug 16, 2020

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    IDK, the world is going crazy. Chrono24 is now charging 7.5% for US buyers on top of 6.5% for sellers. That means it's now more expensive than eBay + PayPal. With an Omega price hike, things are going to get even worse.

    This is now neither a seller nor a buyer's market.
     
  6. Japanred Aug 17, 2020

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    I think people spending thousands of pounds/dollars on a watch aren’t really feeling the full force of the economic downturn/pandemic.
     
  7. Bugbait Aug 17, 2020

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    Or are just stupid and swimming in debt :eek:.
     
    ChiefMark, FREDMAYCOIN and Commisar like this.
  8. Turb0wned Aug 17, 2020

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    Glad I got my DSOTM last month.
     
  9. slwoodster Aug 18, 2020

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    They'll raise the prices, and the ADs will just discount more on this other side...
     
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  10. Celestron Aug 18, 2020

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    So a 6% increase for the speedmaster, which will get the 3861 movement later this year, which will mean a 15% price increase for the speedy on top of that?

    Gray market seems to be reflecting the above in any case, prices for new standard hesalite speedmasters seem to be going up.
     
    Commisar likes this.
  11. kilofinal Aug 18, 2020

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    Why stop at 6%, raise the prices 10-15%.....the market will dictate sales
     
  12. Commisar Aug 19, 2020

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    Yep, Chrono24 just walked that thing back a bit....

    This makes Grey Market even more attractive.
     
    Mossback likes this.
  13. Mossback Aug 19, 2020

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    Better value to buy here on the forum.
     
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  14. imranbecks Aug 20, 2020

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    Very real. Went to two different Omega boutiques a couple of days ago and both times the staff member told me about the price increase for September.
     
    Mushroomhead likes this.
  15. stuart70 Aug 20, 2020

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    Yes, the overall price rise is about 6.5%, confirm by AD last week.
     
  16. Meme-Dweller Aug 20, 2020

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    Region? US? UK?
     
  17. SmokeStackMan Aug 20, 2020

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    So I should look to get a Seamaster 300m this month then if in the US I assume.
    Curious if anyone can confirm what regions will be will be getting the increase.
     
  18. Meme-Dweller Aug 20, 2020

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    If you pay retail, the difference is about $300 more. I wouldn't rush to find one if you aren't ready.
     
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  19. imranbecks Aug 20, 2020

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    Worldwide.
     
  20. SmokeStackMan Aug 20, 2020

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    I would likely go grey.
     
    Thrasher36 likes this.