When it comes to buying high-end goods, we don’t always know what we should be spending. It can often be the case that we buy something at a budget price, which lasts for years. Or, the moment we spend a few hundred - the item goes on sale, and we feel like we missed out.
While they do go on sale, Watches and jewellery tend to hold steady at a single price point. This can often mean that you need to compare models instead of comparing prices. This is where comparison guides like this Rolex watch comparison guide are incredible. It can help us make the right decision about what we are about to buy.
It doesn’t matter if you buy the watch for yourself or someone else. Here are some tips on how much you should be spending on a quality watch that makes a statement.
When it comes to a watch or other timepiece, you need to love it, not just like it. If you like it a bit, you will be tempted to upgrade it, or worse - never wear it.
If you are buying the watch for something else, you can look at the style of watch they already wear. Or take into consideration their lifestyle and the rough brands and cost of the rest of the accessories they wear.
After looking at the watch for more than a few minutes, if there is any single thing on it that you don’t like - from the strap to the face, then keep looking until you find the one you love.
Anything that says limited edition will likely have a higher price attached - but more often, they won’t come back around. When it comes to limited-edition watches and timepieces, you should expect to pay a few hundred more.
Don’t settle for limited edition watches and timepieces with extra features or a completely overhauled look. It won’t feel special when sitting side by side with others in the same brand if the only differentiator is a slight colour variation.
Buying a mechanical watch considers that you will need to pay for cleaning and eventually a mechanic upgrade. It might not be for another 25 years - but it will happen.
Watch services can cost anywhere between $500-$1000 depending on the brand of the watch and what is included.
To guarantee accuracy, waterproofness, and good general maintenance a regular maintenance is required for most high-end watches.
More than one
Let’s assume you have around ten thousand pounds to spend on a watch. Do you want to buy one single watch with it? Or would you prefer to have several timepieces that can be worn for different occasions?
For high-end branded watches, you can expect to pay anywhere between 2,500 and 10,000. Watches in the high-end bracket are an investment that will stand the test of time and hold its value, which should always be considered when you make the final call.
If you are in the middle of saving for a stunning timepiece, then this guide can help you save even more: Fun as a Gran: Save Money on Your Purchases Anytime of Year.
This is a collaborative post.