Top 10 Benefits of Buying a Pre-Owned Luxury Watch
Buying brand new luxury items may sound appealing, but there are a wealth of compelling benefits of buying a pre-owned luxury watch in Honolulu. Whether your taste is Rolex, Panerai, Omega, Patek or another luxury brand, there are definite financial and fashion-related advantages to this approach to luxury watch ownership. The following are 10 of the top benefits of buying a pre-owned luxury watch versus new:
1. Get More For Your Dollar
When buying pre-owned, this often means you can afford a higher quality watch with the same budget than if you were purchasing brand new. Watch brands and styles that had previously been out of your price range suddenly become accessible. Put simply, in many cases you get more for your dollar when buying a pre-owned luxury watch versus a brand new one.
2. You Can Avoid Major Product Depreciation
As with new cars and other luxury items, buying new means there will be an immediate depreciation in value just by taking it out of the store. The depreciation amount can range from a few hundred dollars up to several thousand depending upon the watch brand, model and value on the resale market. Buying pre-owned allows you to avoid this big drop in value and have the opportunity of recouping your costs down the road should you decide to sell the watch again.
3. Your Watch Might Even Appreciate in Value
In addition to depreciating much more slowly, in some cases, pre-owned luxury watches could actually appreciate and rise in value. Of course, this depends upon the brand, model, watch maker, style, quality and number of pieces in the marketplace. However, it is possible that a pre-owned luxury watch could ascend in value over time. It might even become an heirloom piece that could be passed down to family members or sold as an investment for a profit down the road.
4. Larger Selection, More Options
Choosing a pre-owned luxury watch also means that you have countless more model and style options than if you are just limiting yourself to the very latest new luxury watch releases. Being open to pre-owned watch models allows you a vast array of choices instead of just limited new releases. Past model years also often feature limited edition watches, allowing for even more exclusivity and value.
5. Since Quality is Assured, You Can Buy with Confidence
Luxury watches are the cream of the crop. They are designed and crafted with the utmost in care and an eye for detail. They are made with high quality parts that are built to last and stand the test of time. Because of this, buying a pre-owned luxury watch is far less of a gamble than when purchasing many other types of products. Many preowned watches even come in complete sets with their original papers and box.
6. Vintage Style and Glamour
Pre-owned watch styles also have the appeal of coming from a bygone era that is known for a specific style. Whether from a recent decade or many years ago, each watch era has a look and feel all its own. While contemporary watch looks do have their appeal, vintage styles have a charm all their own. If you want to stand out in the crowd and accessorize with flair, a pre-owned luxury watch can be the ideal statement piece and icing on the cake.
7. Create a Lasting Connection
The process of buying a pre-owned watch is different from purchasing a new watch. It starts with asking questions and determining what it is you are really looking for. Luxury pre-owned watches can be classic, modern, elegant or a specialty model. There are even watches made to withstand specific environments and activities like deep sea diving and high altitudes. Different craftspersons are associated with different looks and styles. Doing this type of research ensures you will have a genuine and lasting connection with the piece you ultimately select. You will know it inside and out and truly feel as if the watch is a part of you. This personal connection will help you to make the right choice and appreciate the timepiece at a deep level.
8. You’ll Become a Part Of the Watch’s History
Luxury watches are purchased with careful consideration and a specific vision of style and what the watch will mean to the buyer going forward. They are handled with care and a reverence for what they emanate and represent. Whether a watch has had one owner or several, each steward of the piece is a part of its history and legacy. Once you have purchased a pre-owned luxury watch, you become a part of its rich history as well.
9. An Opportunity For a Wise Investment
In addition to a stylish accent or showcase piece for your wardrobe, buying a pre-owned luxury watch is also an opportunity to put your money into something that will increase in value over time. While this is not true of every pre-owned luxury watch, some particularly rare and/or well-made watches can function as an investment that rises in value over the years. You can then choose to sell it at a later date at a profit or keep it in the family and pass it down to your children. Succeeding in this type of investment does take some research and effort, but it can be very rewarding on many levels.
10. You Don’t Have to Go It Alone – Expert Assistance Is Available
Buying a pre-owned luxury watch can seem intimidating or even daunting at first, but the good news is that you don’t have to make this decision all on your own. Honza’s Watches is here to help answer any questions you might have and assist you in navigating the entire process. From narrowing down your search to education about luxury watches to making your final decision, purchasing a luxury pre-owned watch has never been easier. Your luxury watch experts in Honolulu are here to help ensure an enjoyable buying process and result.
As you can see, there are an array of benefits to buying a pre-owned luxury watch versus a new one. Perhaps best of all, there is expert guidance available to you every step of the way. With so many pre-owned luxury watch styles to choose from in brands that include Rolex, Panerai, Omega and Patek, you’re sure to find the ideal style for your tastes and investment goals. Contact us today for more information or to inquire about any of the luxury pre-owned watches in our current selection.