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Do watches go down in value?

Do watches go down in 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.

Does Rolex lose value?

A pre-owned Rolex watch, unlike a new one, will not depreciate in value soon after it is purchased. While buying a new Rolex is akin to buying a new car: they will both depreciate in value substantially after they are purchased.

Do Cartier watches appreciate in 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. Gold Cartier watches and those dressed in gemstones and diamonds tend to sell for more than those without.

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Is Tag Heuer a good investment?

In short- no. They are not a good investment and do not hold their value compared to a brand like Rolex, etc. However, I never advise buying any watch as an “investment”. There are some very nice Tag Heuers out there so if you like one, then buy, wear it, and enjoy it.

Do Cartier Santos hold value?

Whether you’re a fan of the Tank, the racing-induced Drive de Cartier or the pilot inspired Santos watch, Cartier watches will always hold their value since each one is a prime example of the brand’s expert craftsmanship and horological know-how.

Is Cartier Santos 100 worth buying?

The Cartier Santos 100 is an amazing watch design to show to anyone. In 2018, the company launched a second version of the watch that featured a lot of improvements in the overall design. In our opinion, if you can afford it then it is definitely a watch worth buying!

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Which watch brands best retain their value?

Like Rolex, on basically any list of watches that best retain their value, Patek Philippe will make an appearance. Other brands that reportedly hold their value well (if not quite as well as Rolex) are Jaeger-LeCoultre, TAG Heuer, and Omega. All of these brands have one thing in common, as do Rolex and Patek Philippe: they are all Swiss brands.

Do luxury watches lose value over time?

Excuse the pun, but some watches are timeless. Watches from some brands are considered investments, a valuable asset similar to gold or jewels. While some people might think all luxury watches appreciate overtime, actually the opposite is true. Most watches, regardless of sentimental value, will lose value over time.

Do you care if you lose money on your watches?

Now, some people don’t care if they lose money on their watches, because they consider that the loss from the watch was worth the joy the watch brought while owning it.

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Is it worth buying watches that depreciate in value?

Now, there’s nothing wrong with buying watches that will depreciate in value. In fact, if you really like a watch, it may be worth buying it even though you’ll lose money on it. But this is up to you.