Do watches depreciate?

Caporegime
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Looking to spend some money on something that I can enjoy but does not lose too much value.

I quite fancy the idea of a Tag Carerra watch, but the price tag means I don't want it to crash in value.

Should it keep a decent resale value for a long time?
 
Do you intend to sell it on at some point?

Tags don't keep value brilliantly but it seems the Carerra is the least worst of them. From research, it may only be Rolex who are immune. This is more because they have a policy of increasing prices annually at a minimum. A Rolex is also relatively easy to sell as demand is always there for something like a Submariner.
 
Some do, some don't

Tag Heuers are about as bad as it gets in terms of depreciation, the Carerra holds value better than a lot of other Tags but it's still pretty bad
 
Do you intend to sell it on at some point?

Tags don't keep value brilliantly but it seems the Carerra is the least worst of them. From research, it may only be Rolex who are immune. This is more because they have a policy of increasing prices annually at a minimum. A Rolex is also relatively easy to sell as demand is always there for something like a Submariner.

Rolex are hit and miss, the stainless models holding value best, Panerai are one of the best for holding value
 
Rolex are hit and miss, the stainless models holding value best, Panerai are one of the best for holding value

I've probably looked past the other Rolex watches as I really want the Sub so have done a lot of reading on it specifically. I could buy a used one now but would end up selling it when we buy a new house later this year. I'd be too gutted to have to do that as I have wanted one for a while. I'd probably not be sensible and end up with a slightly bigger mortgage so best to avoid the temptation!

edit: and this is why watches aren't good investments ;)
 
I sold a 1954 rolex oyster pertpetual "Air king" last year at a jewellers,got £600 for it then found out later i could have probobly got at least a grand probobly up to £1500 or more,robbing B******'s:D

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i got rid of it because those old models need serviced regular and i dont want to spend hundreds of pounds every few years servicing a watch when i could just buy one for that price lol.
 
Rolex are hit and miss, the stainless models holding value best, Panerai are one of the best for holding value

I looked the other day and saw that my PAM320 (secondhand unworn means grey import I presume) secondhand was selling for more than I paid, probably due to the price of new ones going up considerably.
 
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i dont get the point. guy i worked with blew his bonus on a rolex. i would be too scared to wear a watch that cost that much. they always get scratched somehow. admittedly rolex takes more effort to scratch.
 
I think if you're buying a good mechanical Swiss watch resale value shouldn't be a consideration. IMHO Swiss watches are something you should hand down to your offspring rather than sell. Even if I was penniless I would never sell my watch as it has a value to me that money can't replace.

Maybe I just have an outdated romantic view of things :)
 
I think if you're buying a good mechanical Swiss watch resale value shouldn't be a consideration. IMHO Swiss watches are something you should hand down to your offspring rather than sell. Even if I was penniless I would never sell my watch as it has a value to me that money can't replace.

Maybe I just have an outdated romantic view of things :)

i completley agree with this, especially having two sons, i would pass it down
 
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