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Conclusion. As with everything, there are both benefits and negatives to buying a used Rolex. The main benefit of buying a used Rolex is that you can buy any model at any time. At an official retailer, you will get peace of mind and a great Rolex-buying experience, as well as a five-year warranty.
Doing some thorough research on the most reputable pre-owned sellers will allow you to avoid the potential drawbacks of the used Rolex market, allowing you to obtain the watch of your dreams in great condition and at a fair price.
In fact, a recent study puts a figure of about $15 billion on the industry as a whole – and it is no secret that Rolex accounts for the lion’s share of the models sold. So why does the brand take such a huge slice of the pie? And is buying a pre-owned Rolex right for you? Below we explore the pros and cons of pre-owned Rolex watches.
Sep 20, 2019 · As more consumers turn to the secondary luxury watch market to find their favorite timepieces, Paul Altieri, Founder and CEO of Bob’s Watches—a leading online marketplace for pre-owned luxury watches—has put together a helpful guide on how to safely buy used Rolex watches. by Rob Corder September 20, 2019. TW FB LN WHATSAPP MAIL.
Feb 6, 2023 · What does certified pre-owned mean for Rolex and its customers? Authorized Rolex dealers – especially Bucherer – are now permitted to buy back Rolex models that are at least three years old from their current owners.
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Nov 13, 2020 · Buying a Rolex is not easy. That applies to new and pre-owned Rolex watches. With a new Rolex watch, the problem is availability. If you don’t want to become a victim of the entire waitlist scheme, there’s the pre-owned market, for example. But buying a pre-owned Rolex watch isn’t easy either.
Dec 9, 2020 · Not only are pre-owned Rolex watches less expensive to buy, but they also experience a less dramatic depreciation because the greatest drop-off in value generally occurs right after the watch has been bought new. However, not all Rolexes experience the same degree of depreciation.