Little Switzerland is a very reputable store with stores all over the Caribbean and a reputation for being a good dealer, but be very careful when buying watches such as Rolex at other little family stores because you may get a knock-off.
Buying A Rolex In Aruba
Are you looking to buying a gift? Let our helpful sales associates help you narrow down your choices. Little Switzerland is the preeminent luxury watch retailer in the Caribbean, and we have been advising our customers on the best buys for more than 60 years. Take advantage of our expertise to find the perfect present for that special someone waiting back at home.
The person who buys at a high premium is the one that will be the loser when the next GFC happens , buying at an inflated premium means someone else has made the profit , all the buyer can hope for is not to sell at less than what he purchased the watch for . I wonder just how many people want a steel Rolex simply because its hard to get one ? During the last GFC I struggled to get Aud$5K for a Pepsi Bezel GMT with full set , when people are unemployed and have a mortgage to pay , these things will flood the market .
Agree that paying above retail for a new Rolex is just not worth it. The limited offerings at the retailers are a due to a combination of Rolex strategy to limit the production of the most desirable models which causes a hype/panic buying in the market and the fact that a lot of the new production ends up in the grey market. The vintage Rolex market is equally stressed. I like both new and vintage Rolex a lot, but not at these price-points. Price-quality wise Tudor and Oris to name a few are much better and more affordable propositions.
For those who are passionate collectors, a watch can hold historical significance too, much like fine jewelry. And regardless of whether your watch has a history is brand new, there is something very special about buying or being given an opulent, designer accessory like a Rolex.
Have you considered a second-hand Rolex? One that is nearly new. For a genuine watch at an excellent price, try a luxury watch retailer. They offer a huge range of watches to purchase online but check TrustPilot before buying to be sure you have chosen a reliable supplier. You will also save airfares if you buy your watch online so you will find that you have more money to play with when finding the perfect Rolex.
With the worry of purchasing an unauthenticated watch when you travel and the fact that the travel itself costs a great deal (even if you are simply buying a low-cost flight), it makes the most sense to buy your Rolex from a reputable dealer online or in a European Country from a reputable dealer where you can claim the tax back.
If you are buying a high value Swiss mechanical watch, it if often worth having it shipped, as when the paperwork is completed properly there is not import duty/tax on Swiss mechanical movements. This means that if you were to buy a watch with a tax free price of say $30,000.00 ($36,000.00 inc tax), the movement could make up to 80% of the cost of the watch so the case would be valued at $6,000.00 on which you would be charged 6.5% or $390.00 with shipping costing about $800.00, so saving about $1000.00 against just declaring it on entry to the US. Now for the crazy part a $500,000.00 Patek Philippe minute repeater will have a similar case value the amount of duty would be the same, the shipping would be more for the insurance (maybe $2,000.00) but you would still only have to pay about $500,00 Tax/duty and then have paperwork to show the watch was tax paid.
In addition to buying jewelry in the Caribbean, this is a great spot to visit if you want a high-quality watch. Thanks to the duty-free shipping, you can often find a designer watch for a lower price in the Caribbean than you could back home. However, research the prices and brands you are interested in before watch shopping in the Caribbean.
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