"When a man has a world in his hands, you expect to find a Rolex on his wrist." Rolex ad, 1965
Owning a luxurious timepiece such as Rolex can be recognised as a symbol of a successful man. Purchasing a luxury timepiece is usually an expensive personal purchases and not everyone can afford to pay the high-end prices to own a luxury timepiece.
So here we would like to highlight couple of the advantages of purchasing a pre-owned watches:
One of the most obvious advantages of buying a pre-owned Rolex, Patek Philippe, and Cartier, Jaeger-LeCoultre or IWC and other branded timepieces is that it offers value for Money. Buying a used watch is an excellent way to save money compared to buying a brand new model.
The exact model you are looking to buy may no longer be in production by the luxury watch manufacturer. Therefore sourcing the discontinued model may be available as a pre-owned model.
Selling an already used luxury timepiece may sometimes prove to be a better investment than selling a first-hand luxury timepiece as some of the luxury watch manufacturers’ model inherit low depreciation when bought pre-owned.
If you are looking to buy pre-owned Rolex or Patek Philippe luxury timepieces then we definitely recommend finding an approved service centre of the luxury timepiece brand. Verifying their membership with the British Horological Institute would also put you in the safe hands in terms of buying an authentic piece.
It may be useful to read our previous blog post on Vital questions to ask when looking for a luxury watch dealer.