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Why You Should Buy a Pre-Owned Luxury Watch
A watch is defined as a timekeeping device that is typically worn on the wrist- a simple concept that, in time, has become one of the biggest fashion statements. Even though it is convenient to wear a watch, especially with a busy schedule, watches are also worn as status symbols.
The watch you wear can say a lot about who you are, especially if you buy one with the sole purpose of having it complement your personality or your style.
This is where luxury watches come in.
Buying a luxury watch is like buying a sportscar- it is a symbol of wealth, status, and personal taste.
What is a luxury watch?
Watches have a long and fascinating history, dating back to the 16th century. They have played an important role in many aspects of society, from military and scientific endeavors to fashion and personal style.
When you buy a watch, especially a luxury watch, you are essentially buying a practical yet sophisticated piece of jewelry that can withstand time and style trends.
A luxury watch is made by high-end watchmakers and is crafted from the finest materials, including precious metals and rare gems.
Of course, everyone would like to own at least one luxury watch, but not everyone can afford a luxury watch as they can be very expensive.
New watches are also not always available, so why not look into purchasing a pre-owned luxury watch instead?
What is a pre-owned luxury watch?
New watches aren't always available.
For example, if you would like to own a Rolex, you might be put on a waiting list. Therefore purchasing a pre-owned Rolex gives you the opportunity to enjoy the timepiece sooner rather than later.
So yes, the watch might have been worn by someone previously or kept in a private collection. The owner might want to sell their luxury item for various reasons and this is why the watch would carry the label of pre-owned.
Just like a used sportscar, a pre-owned luxury watch is a valuable and well-looked-after luxury item. Pre-owned luxury watches are often high-end brands such as Patek Philippe, Rolex, or Omega.
Why buy a pre-owned luxury watch?
Why would one buy a pre-owned luxury watch instead of a brand-new one?
In some cases, depending on the type of watch, it can depreciate from the “new list” of watches very quickly.
If this is the case, then buying a pre-owned luxury watch would be a smart choice because you could save money.
For example, a watch could be R120 000 brand new in the shops, but you could pick it up second-hand from a dealer for R80 000.
So even if you have the money to splurge on a luxury timepiece, it could be a smarter option to purchase a watch second-hand. In some cases, these watches haven't even been worn yet, or the current owner might have only had the watch for a few days.
Another reason to buy a pre-owned luxury watch is to own a piece of jewelry that has a unique history or story- this adds to the value and character of the timepiece. Lastly, collectors and enthusiasts prefer pre-owned watches for their vintage charm and character. Some pre-owned luxury watches are usually rare and exclusive timepieces, adding to their appeal.
For example, some Rolex watches are collector pieces that are of high value.
What to look for when buying an authentic pre-owned luxury watch
There are a few things to keep in mind when you purchase an authentic pre-owned luxury watch. You need to ensure that you are getting a good deal as well as a quality timepiece.
The first thing you should do is research the brand and model. Look at reviews on that particular watch and make sure you know the original price and the current market value of the watch. This will ensure that you know exactly what you are purchasing and that you are purchasing it at a decent and suitable price.
You also need to make sure that you buy from a reputable dealer. There are many scams out there, so make sure to check out your dealer’s reviews or ratings, and if they have a good reputation or not.
Next up, check your watch’s condition. Inspect your watch closely for any wear or damage that has not been stated upon purchase. Look for scratches on the case or crystal, and check if your watch is working properly. If you are buying your watch online, ask for detailed photos from all angles.
Another way to check your watch’s authenticity is by checking the serial number to make sure that it matches the paperwork and box that comes with the watch. You can also verify the authenticity of your watch by having a reputable watchmaker or authorised dealer examine the watch.
The last two things to keep in mind when buying an authentic pre-owned watch is to know the return policy and understand the warranty.
Every dealer will have their own return policy and it is wise to ask about this policy before purchase in case you are not happy with your purchase and want a refund or exchange. The same goes for the warranty of the watch.
Make sure you understand what the warranty covers and for how long. Some warranties only cover certain parts or services, and it is best to be aware of these if you are looking for a more comprehensive warranty.
What it’s like owning your very own authentic pre-owned luxury watch
Your luxury pre-owned watch is designed with precision and accuracy. It’s all about heritage and the brand you choose, this will automatically include expert craftsmanship.
The luxury timepiece you choose will feature intricate designs or complexities such as a chronograph or tourbillon.
It is both aesthetically pleasing and reflects your personal taste and preference. It is either classic and elegant or modern and sleek.
Your authentic pre-owned luxury watch is added to a special collection or is worn out and about to reflect you as a person.
Whatever your reason is for your luxurious purchase, you have ultimately invested in a timepiece that has been well looked after and revered- a timepiece that holds a lot of value.
You have invested in a timepiece that withstands time and style trends, that complements whoever owns it, and is ultimately a luxurious investment.
Click here to view our wide range of authentic pre-owned luxury watches to add to your collection.
Sell your watch today
If you are thinking about selling your fine watches, contact Lurgardi today for the best advice and competitive prices.
