Is a Rolex Watch Still A Luxury Worth Investing In?
A Rolex Watch is often one of the first luxury items you might consider if you are planning to invest in a luxury timepiece. The brand is one of the most popular and well known in the world and is often associated with the rich and famous.
But there are so many luxury brands these days, are they really worth it?
‘Timeless and instantly recognisable’
There are many arguments for why owning a Rolex is a good investment. Firstly, there are several Rolex watch models that will actually appreciate in value over time, and if you take good care of it, you could end up with a watch that is worth significantly more than the original price tag. Today, antique Rolexes which would have cost just a few hundred pounds are now selling for thousands.
The luxury brand has undoubtedly stood the test of time. One of the biggest draws to invest in a Rolex is that it is timeless and doesn’t go out of fashion. A Rolex is seen as a status symbol and compared with other luxury brand watches, a Rolex is instantly recognisable.
The brand is one of the biggest luxury brands in the world and they have plenty of new styles and enjoy reviving classic styles. It gives the customer plenty to choose from to match your individual style.
Rolexes guarantee reliability and longevity, they are often passed down through generations as heirlooms. If you take care of it, you can expect your Rolex to last a lifetime and beyond. There are also plenty of pre-owned options available if you are looking for a more affordable investment.
In short, Rolexes are of high quality. The brand is constantly recognised for technological advancements and for pushing boundaries and coming up with new ideas like the famous Oyster Perpetual automatic winding system.
‘Rolex charges for Status’
Some will argue that the Rolex “brand” is what you’re really paying for. Whilst the watches are of high quality they are not necessarily superior to other luxury brands in terms of quality and reliability.
It’s worth mentioning that Rolex watches are a mass-market product and not artisanal. A luxury product becomes luxurious because it is at least somewhat unique and limited. And if you’re looking for a pre-owned Rolex be careful not to end up with a fake – as there are plenty out there.
If you’re looking for an investment and a Rolex matches your style and personality then it is undoubtedly a worthy investment.
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