Common Questions on Rolex Purchase in HK

After years of exchange over 1,500 comments I Can get an understanding of most of the queries about Buying Rolex in HK.

Q. Can we use Credit card, and Can I get more discount if I use cash?
A. Basically, there is no extra discount by paying cash, and we can use VISA MASTER Charge, American Express, China 銀聯 card, but Diners Club is not preferred.

Q. Could we get a Fake Rolex in Rolex Authorized Dealer?

A. In so far we have not heard of in my understanding over at least the past 5 years.
I believe buying Rolex in Hong Kong Rolex AD is very trustworthy.

Q. What is the discount we can get from Rolex AD?

A. By right, we can have less 5% discount across  all product at Rolex AD,

Except Daytona Stainless steel black dial, selling between HKD$94,000 to HK$97,000 net,

a Submariner Ref, 116610LV and 16610LV which is so hard to get.

And price is about HKD$66,100 for Ref, 116610LV . 
Even ref, 116610LN black now stock is limited in the Rolex AD. Sometimes we had to wait for weeks.

Q. Do Some people really get more discount? Is that Allowed?

A. Yes, some of the VIP or frequent buyers get higher discount.

For example they can get less 10-14% for all Date Just, Day Date model
They can get 8% to 12% for GMT master II, Submariner model.

I think this is not recommended by Rolex, but imagine that some big buyers could buy 100 Rolex in one yer as gift,  and some collector buys also those weird watch that no one wants, do they also get less 5% only!? This is business world that we have to accept it.

Q. What is the price of grey Dealer?

A.The price of grey dealer is cheaper.

For example Explorer II is less 12%-13%

For Black dial HKD$53,000 no box

For White Dial HKD$51,500 no box

If you want box, add another HKD$500.

So there is still a better deal if you go for Grey Dealer.

Daytona Black is HKD$93,000 no box, which is HKD$3,000 cheaper than buying from Rolex AD. Whether it is worth not going to Rolex because of HKD$3,000 is another matter!

Q. Is there any risk in buying grey deal Rolex?

A. All depends how much you know about the sources of the Grey Dealer, for most of the cases is OK. Of course sometimes you have face foe the risk for buying something much Cheaper.

Q. What we should note when we buy Rolex at Rolex AD?

A. Note that the Company name on the warranty card should be same as the one on the invoice.

The Country code should be 888, or 400 that indicates Hong Kong.

The watch is fully packed and sealed with protective tapes.

There is a Rolex Red Chronometer Seal.

Instruction manual and international warranty certificate.

The right Box for your watch.

Q. It is cheaper to buy in HK than in other country?

A. As far as I know, HK still considered one of the best place to buy Rolex for the variety of choice we have, and the prices we are amongst the cheapest in the world, except someplace in Europe like Austria and Dubai that I heard that they are even cheaper by 5-10% but that appears on certain model like Daytona!

On the other side, HK is Cheaper than Singapore, Indonesia, Thailand and Malaysia.

Is Price in HK same as in Macao?

Yes, there is no difference in price between HK and Macao.

Q. Is Price of HK lower than that of China?

A. I think so as I have a lot overseas people station in China come to buy Rolex in HK. Partly HK has more choice for style and Model and price is more attractive.

As for Model like 178344, Hong Kong has all the variety, Diamond at the VI index, MOP (mother of pearl) oyster or Jubilee Strap both available.

Q. Do HK have GST. VAT tax on watch?
A. HK does not impose any sales tax on watch nor other commodities yet.

Q. What Do I learn for living? Do I have any commision with the watch shop I recommend?
A. I am a Marketing Manager for Semiconductor manufacturing Equipment Supplier. I do not have any commision from the watch shops I recommend for people to buy. And some of them even do not know me! As for Rolex AD, those are my friends working there and this is what friends are for, help them to make more sales.

HK Snob