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People also ask
How well do luxury watches hold their value?
Furthermore, something that also affects how well the watch holds its value is whether or not, and how much the retailers discount. 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.
What are the best luxury watch brands to buy?
The two top brands whose watches have historically retained or gained over the years are Rolex and Patek Philippe. In addition to Patek and Rolex however, there are other luxury watch brands, such as Audemars Piguet, A. Lange Sohne, Vacheron Constantin, Omega, Breitling, and Tag Heuer that have specific models that appreciate in value.
Are Rolex watches worth the money?
As a company, Rolex smartly found a way to thread the needle between being well-known without ever losing their cachet as a luxury brand. For that reason, it will probably not surprise you to learn that of all watch brands, Rolex is repeatedly listed as one of, if not, the brand that holds its value the best.
What determines luxury watch depreciation?
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. The current supply of the watch is also a factor, and in some cases, whether or not the watch is a limited edition can also influence value.