If you’re in the market for a fine luxury timepiece, you’ll discover as you start your journey that there is a thriving secondary market for pre-owned watches. Although many brands don’t stand up to the test of time, a carefully purchased pre-owned Rolex can bring as much joy to the owner as a brand new one. Here are some things to consider.
A Pre-Owned Rolex Can Be a Great Value
A new Rolex depreciates the moment it’s on your wrist. Actually, it loses value the moment you take it out of the shop! Just like driving a vehicle off the lot diminishes its appraisable value instantly, the same happens with a new Rolex. Although there are occasional fluctuations in the market that make it possible to buy new and flip to a higher price, those fluctuations are very volatile and impossible to predict. A pre-owned Rolex can appreciate as time passes.
Buying Pre-Owned Can Get You a Vintage or Discontinued Rolex Model
If you’re looking for Rolexes with a great deal of history and character, you’re looking for something vintage. Perhaps you enjoy the design from the 1970s or 1980s more than the current design. Rolex is a company of constant innovation. Sometimes that means features that might appeal to you give way to features that appeal to a wider audience. Buying pre-owned means you can go after the designs and features you like best.
Buying a Pre-Owned Rolex Might Be a Great Investment
Rolex watches hold their value better than other watch brands and if you buy carefully, you may see appreciation as well. Bert Levi Family Jewelers, of course, doesn’t offer financial advice and you should definitely do your research. A number of investment funds are using luxury goods such as fine watches and diamonds to hedge their bets. Maybe that’s something you’d like to consider.
If you plan on buying a pre-owned Rolex, make sure you find a reputable dealer. That’s critical. We’d love to help you with all of your fine timepiece needs. You can reach out via email or phone, and we’ll be excited to do anything we can to help. If you’re looking for a Rolex in San Diego, why not drop by our showroom? We’ll be glad to see you, and you’ll be glad you did.
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