There is a huge pre-owned luxury watch market that continues to grow, offering attractive opportunities for both buyers and sellers. Sellers have the opportunity to sell their watch at a high price and perhaps upgrade to another luxury watch they’ve become more interested in. Buyers have a chance to own a high-quality luxury watch at a very reasonable price with nearly endless options to choose from, each one more unique than the other. Despite the many reasons to buy pre-owned, the process can be a bit tricky, especially if it’s your first time navigating the market. In this article, our luxury watch experts at WatchesAndWatches.com give you the guidelines when it comes to purchasing the perfect pre-owned luxury watch.
Make Sure the Original Box is There
To begin, it’s very important for the luxury pre-owned you’re looking to buy to have its original box. Having this becomes especially important if you ever decide to sell the watch, considering without it the watch is less credible, and in turn, less valuable. Do not buy a pre-owned luxury watch without the original box! If a watch has caught your eye but doesn’t have the box, get the reference number and look for one with the box.
Scratches, Dings, and Dents are a No-No
It’s better to pay a little more for a pristine pre-owned luxury watch then settle for one with scratches at a low price. In the long run, this will save you a lot of money. Scratches and dings not only decrease the watches value, but can also negatively impact the movements inside the watch, leaving you with a damaged luxury watch that doesn’t work properly and has low resale value.
Impeccable Service History
When buying a luxury pre-owned watch, it’s important for the seller to be able to answer all of your questions about the watch’s service history. With watches less than 3 years old, this isn’t as significant, but it’s still important to double check. If the watch is older than that, ask many questions about the service history, including when it was serviced, what work was done, most importantly, and who did the servicing. The watch must have been serviced by a reputable dealer specializing in luxury watches.
Although many sellers won’t provide warranties on pre-owned luxury watches, you will find some that do. Providing a full warranty shows that the watch is in as good a condition as they say it’s in, and there is nothing wrong on the outside or inside of the watch. The peace of mind a warranty will bring you is truly priceless.
WatchesAndWatches.com is a highly reputable purveyor of pre-owned luxury watches, having specialized in the market for years. We offer the highest quality pre-owned watches from brands including Rolex, Cartier, and Patek Philippe, among others. All of our watches come with their original boxes, as well as a full in-house warranty. Every single luxury watch that comes through our doors is serviced by one of our master jewelers and restored to its original condition. If you are in the market for a luxury pre-owned watch, let one of our watch experts at WatchesAndWatches.com guide you through the process of finding the perfect watch for you in the best condition and the lowest price.