How fast do watches depreciate?

Estimates vary wildly, ranging from a reasonable 20\% value decrease once the watch is purchased (new) to a whopping 75\% drop. Luxury watch depreciation is dependent on a host of elements such as the brand, the specific model, and of course, the existing market demand for the piece.

Which luxury watches have the best resale value?

The best Luxury Watch Brands for Resale

• #1 Rolex.
• #4 Omega.
• #5 Grand Seiko.
• #6 Breitling.
• #9 Hublot.
• #10 Tag Heuer.
• #11 Bell & Ross.
• #12 IWC Schaffhausen.

Which watch will holds its value best?

Top 5 Watch Brands That Will Hold Their Value

• Rolex. They’re the undisputed champions when it comes to brands that hold their value well—almost like real estate.
• Patek Philippe.
• Jaeger-LeCoultre.
• Omega.
• TAG Heuer.

Do Cartier watches hold value?

Many Cartier watches retain their value and several will go on to be worth more on the pre-owned market than when they were first purchased. The brand has spared no expense when creating these luxury commodities. At an auction, some Cartier watches can sell for astronomical prices.

Do watches ever lose value?

Sometimes, just like a car, it simply depreciates. Experts agree that watches traditionally hold their value better than most other investments even in an economic slump, and they estimate that the right watch purchased today can appreciate in value as much as 10-30\% in ensuing years.

How much does a luxury watch typically depreciate?

Most people want to know right off the bat how much a luxury watch typically depreciates. However, there is no hard and fast rule that determines exactly how much a luxury watch’s value drops once its status changes from new to pre-owned.

Is buying a pre-owned watch worth it?

Buying watches pre-owned is often a great way to minimize your loss on a watch, since, just like with cars, watches tend to depreciate most rapidly once they are taken from the store and sold on the secondhand market.

Why do luxury watches lose value over time?

When retailers discount a lot, it tends to harm the value of the watch brand long-term. Something that greatly affects the resell value of luxury watches over time is price increases.

Can Rolex offset depreciation?

This is where Rolex comes into play—just about everyone on the planet knows Rolex, whether or not they are into watches. That type of global brand recognition can definitely offset regular depreciation. But again, this does not necessarily apply to every Rolex watch.