Did you know that the Rolex brand has its own science lab? Rolex takes its timepieces beyond the ordinary to provide watch wearers with something unique.
If you are thinking about selling a Rolex or buying a pre-owned Rolex, this is the guide for you. Keep reading to learn more about the value of used Rolex watches.
Are Used Rolex Watches Valuable?
The classic luxury watch brand, Rolex, doesn’t always depreciate over time. Vintage models can hold their value even when they are pre-owned.
One of the main reasons Rolex watches hold their value is because they have proven themselves to be a highly sought brand in the watch industry. The quality of each watch exceeds the quality of other brands.
If a pre-owned Rolex is well maintained, it can actually increase in value which makes them great options for investments.
Are Pre-Owned Rolex Watches Worth It?
Some Rolex watches don’t depreciate over time. Depending on the design and year, some watches appreciate over time.
If you can’t find a model that appreciates over time, your Rolex watch can later be sold for 20% less than retail. This also means, if you are looking for a used Rolex watch, you basically get a 20% discount on some models.
Let’s go over some of the pre-owned Rolex watches worth the investment:
The Submariner watch is one of the best certified pre-owned Rolex watches you can purchase. This model was first released in 1952 and designed for scuba divers to use.
This watch can withstand waters up to 1,000 feet deep. The model uses indices that glow so that the numbers on the watch can be easily seen underwater.
The GMT-Master II
This Rolex watch model was designed for pilots because it can display different time zones at the same time. The original version came out in 1983 and Rolex came out with a recent rendition of this watch in 2018 called the 12671x Family.
In addition to displaying different time zones, the watch also shows the month and the date.
A second-hand Rolex like the Day-Date is an investment for watch lovers. The model was first developed in 1956 and given its name because it was the first watch to display the day of the week and the time.
Rolex continues to sell the 118xxx series Day-Date today even with its original release being in 2000.
This model comes in white gold, yellow gold, and platinum. It is waterproof and has a self-winding chronometer.
Buying a New Rolex
If you don’t want to buy used luxury watches because the model you want loses value over time, buying new is always a good choice.
The main reason to buy a Rolex new is peace of mind. Plus, the pre-owned market is difficult to figure out. There are sellers out there that will lie to sell you a fake watch or a watch that has greatly depreciated.
Enjoy Your Rolex Watch
Whether you buy a new or a pre-owned Rolex watch, enjoy it while you can. Although some models won’t depreciate over time, others still do.
Take care of your accessory because it could be a great investment in the future. For more articles like this, check out the other posts on our blog.