In spite of the usual high costs of luxury watches, a lot of people still choose to buy them for the social affluence, durability, and practicality. Some luxury watches may be expensive but they can be worn for many generations, and could possibly be passed on to your children or grandchildren.
With the price of a luxury watch on the line, it is advisable to purchase via a seller that has a reputable name and has impeccable customer service. Below are some of the best methods for purchasing a luxury watch for the best price.
Boutique Shops/ Store
This is the most expensive way to buy a luxury watch. Most local jewelers will be authorized dealers. All prices here will be full retail price and you will know that you are getting the most authenticated watch before you purchase it.
Also, if a manufacturer’s warranty is important for you in your purchase, you will probably have to pay top dollar at a physical brick and mortar shop.
Online shopping is convenient and hassle-free but you have to be very careful on the grey market. The grey market is by no means illegal like the “black market” but rather it’s a method of importing goods legally without the support of the manufacturer. This usually means you will not get a factory warranty, but you will get a luxury watch for a significantly better price.
Now in the beautiful realm of the internet, there will be frauds and there will be excellent providers as well. Online retailers should be able provide watches with intact serial numbers, and proof of authenticity. Some prime examples of legitimate businesses with numerous satisfied customers are ashford.com, overstock.com, and jomashop.com. Their warranties however, are not manufacturer’s warranties but their own. Many people are still comfortable with their reliable warranties because they often last longer than manufacturer’s warranties while servicing the watch in the same quality fashion.
Your main concern should be in checking that your prospective seller is legitimate. Check and double check that the website/online shop is not run by a scammer by reading reviews and researching on the internet.
This goes for those who are into vintage luxury watches and with a lot of dollars to spend. Unfortunately, not all people can afford going to auctions since most luxury watches sold here are ridiculously expensive. These luxury watches hold with them a piece of history whether it is one of the first watches made by Breguet or it is Albert Einstein’s trusted watch. If you are buying yours in an auction, make sure that you already have an idea on what kind of watch it is and what is the story behind it. With the proper pull and bidding, you can land your monumental watch at a fraction of the cost.