Best Watches For Resale Value 2023: Top 7 From 35,206+ Reviews
Ray John Sep 29, 2023 9:28 PM
Intro
If you're in the market for a new watch, it's important to choose one that will retain its value over time. Here are some of the best watches for resale value. Whether you're looking for a luxury brand or something more affordable, these watches are sure to hold their worth.
- SCORE9.4
- BrandSUUNTO
Last update on 2023-09-29 / Affiliate links / Images, Product Titles, and Product Highlights from Amazon Product Advertising API
Top 11 things to look for when buying watches for resale value
When it comes to watches, there are a few things you need to look for in order to ensure that you're getting the most value for your money. Here are eleven of the most important factors to consider when making a purchase.
1. Brand recognition: A watch with a well-known brand name is always going to be worth more than an unknown or lesser-known brand.
2. Authenticity: Make sure you are buying an authentic watch and not a counterfeit one by doing your research on the manufacturer and verifying its authenticity.
3. Quality materials: Look for watches made from stainless steel, gold, titanium, and other high-quality metals as these will be more likely to keep their value over time.
4. Movement Type: Mechanical watches tend to hold their value better than quartz ones because they require more maintenance and attention in order to remain functional.
5. Complications: Watches with extra features such as chronographs, moon phases, and perpetual calendars are more desirable and tend to have higher resale prices.
6. Age: Older watches may not be as technologically advanced but they often have greater charm and character that can make them worth more money when resold.
7. Condition: The condition of the watch is important for determining its value. Look for a watch that is in good working order with no defects or damage to its case or movement.
8. Rarity: Watches that are limited edition, rare finds, or hard to come by will fetch a higher price than something widely available on the market.
9. Original boxes and accessories: Having the original packaging and any accompanying documents such as warranty cards will help boost the resale value of the watch.
10. Provenance: Knowing the history of a watch and where it has been can add to its desirability, and therefore its resale value.
11. Visibility: If you are buying a watch for resale, look for one that will be easily recognizable as this will increase its chances of being sold quickly and at a higher price.
7 reasons why buying new watches for resale value is better than using old ones
1. New watches are less likely to be damaged or have any defects that would reduce their value.
2. They come with the original packaging, warranty card, and other documents which make them more desirable to buyers.
3. Brand recognition is important when buying a watch for resale - new watches will usually have more established brands attached to them than old ones.
4. Rarity can also add value; new watches may often be limited edition or hard to find, making them worth more money when resold.
5. The latest technology makes modern watches faster, higher quality, and longer lasting, meaning they should hold their value well over time.
6. Modern designs tend to be more attractive and appeal to a wider range of customers, increasing your chances of making a profitable sale.
7. New watches come with the guarantee that you are getting something that has never been worn or used before, which is always attractive to buyers.
Conclusion
When looking to buy a watch for resale value, there are many factors to consider in order to ensure you get the most out of your purchase. Brand recognition, quality materials, movement type, complications, age, condition, rarity, original boxes and accessories, provenance and visibility are all important considerations when selecting the right watch. Additionally, buying new watches instead of old ones can help increase their desirability and therefore their resale value. By taking these factors into account you will be able to select a watch that will provide you with maximum value when it comes time to resell it.
