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Buying a Watch in Hong Kong - Hong Kong Forum
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jakester20
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Buying a Watch in Hong Kong
Mar 22, 2008, 8:43 AM

I'll be traveling there in two weeks and can't wait! I know Hong Kong known for many things, but not heard much about watches.





I would love some thoughts as to the watch buying experience of various Forum members. Where have you shopped? Who should I ask for? What types of deals? Any others thoughts or comments.





I'm from Chicago, so with dollar value today not expecting much in value, but would love to be pleasantly surprised. Thanks.


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bibimbob
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Re: Buying a Watch in Hong Kong
Mar 22, 2008, 4:07 PM

buy from authorized dealers, list of those available at the respective official brand websites. expect 30-35% off list for most brands. Grey market prices are a bit cheaper but you can read about risks with buying grey market on the net. All authorized dealers have pretty much the same "bottom line" for selling prices.


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Capsu78
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Re: Buying a Watch in Hong Kong
Mar 22, 2008, 5:39 PM

After having bought more than muy allotment of watches (I am currently on restriction), including $100, $500, $1200 and test driving higher priced ones, I have come to the conclusion that the internet pricing is really tough to beat.



My best watch was a good deal that I easily matched on the internet after our trip. I will pay "something" for the pleasure of shopping in a fine store and the satisfaction of wearing one out the door, but like the new car smell, it goes away fairly quickly.



I will probably buy one there if it strikes my fancy, but more for the remembrance than the best price in the universe.


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Guerilla Surgeon
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Re: Buying a Watch in Hong Kong
Mar 22, 2008, 7:03 PM

Only bought one watch in Hong Kong, and didn't save a great deal. What's always fascinated me though is how the high-end jewellers and watch sellers never have the prices on in the window. You can't just window shop. Can't be much impulse buying. You really have to want to buy a watch. I think they would sell more if you could see the prices without bothering to go inside.


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3cia
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Re: Buying a Watch in Hong Kong
Mar 22, 2008, 8:32 PM



I've always bought watches in HK. Best price for Rolex, Patek Philippe & Cartier. Even my aunt in NY buys from there.





For Rolex & Patek, it's Zurich Watch in Nathan Road.





For Cartier, I get it from Yes Watch near Holiday Inn Golden Mile. I just forgot the street name, I just know my way there LOL





The sales persons I go to are like long time family friends already. Been going to them since 1999. PM me if you need to get their names.


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bibimbob
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Re: Buying a Watch in Hong Kong
Mar 23, 2008, 1:04 PM

>> that the internet pricing is really tough to beat



Yes, because they are virtually all grey market


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bibimbob
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Re: Buying a Watch in Hong Kong
Mar 23, 2008, 1:07 PM

>> how the high-end jewellers and watch sellers never have the prices on in the window



1. that would scare the potential buyers who can't really afford it, but upon whatever persuasion...



2. high-end prices are always negotiable.. some newbie would be excited with a 10% discount and announce it to the world


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Guerilla Surgeon
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Re: Buying a Watch in Hong Kong
Mar 23, 2008, 3:58 PM

Bibimbob is correct when he says there is lots about grey market watchers on the Internet. It's fascinating. Here's the best links I found so far.





timezone.com/library/archives/archives0052





chronocentric.com/watches/graymarket.shtml





I think WE might tend to call this sort of thing restraint of trade. The watch/retailer relationship sounds a bit cosy but at least you get a guarantee.





Even so you should probably have a look at these sites so as to be aware of the consumer rights you don't get when you don't buy from someone who doesn't display the prices in the window.


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oisaan
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Re: Buying a Watch in Hong Kong
Mar 24, 2008, 7:11 AM

I want to second Bibimbob's advice to check company websites for authorized dealers so you will have a valid guarantee when you return home.



And for heaven's sake avoid places that have "TAX FREE" plastered over the shop - these places are out to con you. ALL watches in HK are tax free.


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Re: Buying a Watch in Hong Kong
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BVLGARI

Descended from an ancient family of Greek silversmiths, the Bvlgaris initially confined their work to making precious objects in silver. In 1884, the first shop was opened in Rome; the flagship store was established in another location (via Condotti) in Rome in 1905. Not until the 1970s did Bvlgari expand its operations to an international market. The company is presently one of the leading makers of fine timepieces, respected around the globe.
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Artisans working with Bvlgari take a design concept from a simple drawing to a complicated masterpiece. Their skill and craftsmanship is evident in every line of the collection. All of their watches are created at Bvlgari Time, in Neuchâtel, Switzerland.
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* Also known for its perfume and eyewear line, this company focuses on style and distinction. Each watch makes a fashion statement.
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