Is Rolex watch good investment?
You might also initially think that a brand new Rolex model is a better investment than a used model.
Yet, a brand new watch loses a substantial amount of value the moment it is purchased – just like with a car.
For this reason, strangely, a second hand steel sports Rolex can actually be one of the safest investments..
How well does a Rolex hold its value?
While all Rolex watches hold great value due to their exceptional quality and international fame, different Rolex models hold different values – especially on the secondary market. Like I mentioned above, many vintage Rolex Daytona and Submariner models have famously increased in value over time.
Is buying a used Rolex a good idea?
The first and most obvious advantage to buying a pre-owned Rolex, rather than a brand new one, is the price you will pay. … Compared to many other brands, Rolex watches retain a lot of their value even after use. Nevertheless, the price of a pre-owned Rolex will still be significantly cheaper than buying brand new.
Which Rolex holds its value the best?
As a general rule, steel Rolex sports watches reliably hold or appreciate in value. This includes, in particular, the GMT-Master II with its famous two-coloured bezel, the Cosmograph Daytona, and the ever-popular Submariner 16610.