Congratulations on your new shiny luxury watch! It must be feeling great, isn’t it? But are you sure you made the best financial decision? Look, we’ve no intention to ruin the moment, but honestly, we feel there are a lot of untold things that a first-time luxury watch buyer must be aware of before setting foot in the industry.
When you spend your money on something you’ve been wanting to buy for so long, you surely one to be the gainer. So, what is it that you should know? That’s what we’ll talk about today.
8 things you wish you knew earlier before buying a luxury watch
1. Don’t go over the budget
It’s not unusual to feel overwhelmed and excited when you buy a luxury watch, be it any brand. But does it mean you should go all-in with your savings? Trust us, no! Many of us tend to overstretch our budget, only to feel drained later. Don’t worry, you don’t have to compromise. All you need to do is clearly define your goals and your budget beforehand so you know what to look for.
2. Choose a style that suits you
Oftentimes, we’re left in two minds when it comes to picking a luxury item. Should you get a watch that’s more expensive or something that suits your personality? It should always be the later. Never go down the lane where you feel the pressure to purchase the most expensive or the most iconic watch. Instead buy something that resonates with your style, lifestyle and personality. Here are some of the questions you can ask yourself:
- Will I wear it on informal, formal or party occasions?
- Will I wear it with my regular jeans & T-shirt or a nice tuxedo?
- Do I want to wear it on my next adventure?
Answering these will perhaps help you find your ideal timepiece.
3. Does your watch have the function you need?
Well, just ask yourself. Did you pay attention to the function of your watch? If not, you’re probably missing out on an important aspect. Luxury watches are widely categorized based on the functions they provide. For instance, there are divers’ watches, sports watches, military watches, dress watches and many more.
If you like to go hiking, there’s a different watch for you. Similarly, if you want to wear the watch in your everyday life, there’s something else. Buying a watch simply because you like the design and style won’t necessarily help you in the long run. Therefore, always consider a timepiece that stands out both aesthetically and functionally.
4. Quartz, Automatic or Manual?
While choosing the dial, material and bracelet style is fine, the movement of your luxury watch is equally important. In fact, it is the movement of a luxury watch that separates it from others. Any luxury brand pays a great deal of attention to the movement type and you should do it too. There are three main types of movement:
- Quartz: Powered by batteries. They need less service & maintenance.
- Manual: Traditional movement type, manually wound by hand using the crown.
- Automatic: Powered with a rotor that generates energy from the movement of your wrist. It requires occasional service & maintenance.
5. Did you research the brand?
For some, buying a watch from a certain brand is important. There’s nothing wrong with that, just make sure that you do good research before making the final purchase. While Rolex, Patek Philippe, Audemars Piguet and Cartier are some of the most well-known luxury watch brands, there are other renowned options too. For example, brands like Panerai, Breitling and Omega.
Each luxury watch has its own signature style and features. So, maybe you want a Rolex but the model doesn’t support the feature you’re looking for. No problem. Look for other reputed luxury watch brands with similar characteristics.
6. Pay Attention To The Wrist Fit
A watch is as good as it fits your wrist. No matter how good and worthy the watch is, if it doesn’t hug your wrist properly, it will not look good. Therefore, it’s important to ensure both comfort and style when you buy your luxury watch. Measure your wrist and check the watch’s diameter. Or, you can also try on the watch in person before making a final buy.
7. Try your hands on the secondhand market
If you’re looking to upgrade your luxury watch, Suttons and Robertson’s buys and sells watches. Whether you’ve purchased a watch or are looking to, you must be aware of all the buying options. The pre-owned watch market is a treasure for all watch enthusiasts and collectors. Many watch models that are unavailable in retail outlets, can easily be found in the secondhand realm. And, that too at a very reasonable price!
Those who think that secondhand luxury watches aren’t as good as new are surely not familiar with how the pre-owned watch market is booming. You can choose from a wide range of luxury watches at a price that seems too good to be true! So, if you’re on the hunt to buy your first luxury watch, do check out the pre-owned market for the best watch deals.
8. You could make an investment
The watch you choose to buy could be a potential investment for the future. Buying watches from brands like Rolex, Audemars Piguet and others will fetch you a good return when you sell your watch in the coming years. If you were to believe the reports, Rolex has surpassed stock and other traditional investment options in terms of return. So, make sure you seal the right deal.
CONCLUSION
Buying a luxury watch is exciting as well as thought-provoking. Make sure you think about everything you want from your watch before you spend your hard-earned money. Use this blog as your guide to wind up the best timepiece for yourself that covers all your needs and also appeals to your taste.