Watches are a fashion item which never seem to go out of style. No matter what kind of outfit you’re wearing, it can always be improved by the wearing of a decent watch. But watches, like most other fashionable accessories, can often be expensive, so if you’re savvy enough to get a good deal on a luxury watch then you should definitely use this to your advantage.
Buying Brand New from a Retailer
This is the most expensive option for buying a watch, and should be avoided if you’re looking for a good deal. Buying brand new will most likely guarantee you a decent quality watch, but you’ll be paying full price and then some.
Buy Pre-Owned
All watches depreciate in value, and this occurs from the very moment of purchase. For watch re-sellers, it’s not as bad a situation as it sounds. Unlike items such as cars, watches usually reach a certain level of depreciation, which is dependent upon quality and brand, then stay there for a considerable amount of time. But this depreciation can often be of such a significant amount that it also works in the favour of any prospective buyers. If you’re looking for a high quality watch for a reasonable price, you could do a lot worse than a second hand Rolex or any other type of quality timepiece.
Buying from an Online Auction
There are plenty of online auction houses where you can find a wide array of both new and second hand watches. Auctions are a great way to get bargains, and if you’re quick enough you can take advantage of the timer system to get your hands on a huge markdown. But online auctions are also risky, in that it’s very hard to correctly gauge the quality of the timepiece you’re about to buy. It’s advisable that if you intend to spend over £200 at an online auction, you do plenty of research beforehand.
Junk Shops and Vintage Stores
Vintage and upcycling are both massive trends right now, and if you’re into the idea of wearing a vintage watch you can pick up a great bargain at any reputable junk shop or vintage store. The best strategy here is to examine what’s in stock, go away and research the items online, then come back with an offer that you think is reasonable. Most junk shop owners are willing to haggle, and some may not even be aware of the true value of what they’re selling.
