Are you interested in buying a luxury watch that is worth the splurge? Well, there could be various reasons leading you to this decision. From becoming a family heirloom and part of a collection to being a good investment opportunity, many opt to get luxury watches, especially if they have the means to do so.
But just like any luxury goods, it is highly recommended to do your research first and see what’s available in the market before buying one. After all, you could be spending around $300 to $1,000 for entry-level and up to $20,000 or more for high-end timepieces. From Michael Kors watches Parker and Dylan to Bvlgari Octo and Diagono, there are plenty of choices. Whether a first-time buyer or a seasoned collector, it’s good to know some things to consider before buying and owning a luxury watch.
What Are The Things You Know Before Purchasing a Luxury Watch
Buying a luxury timepiece is a big purchase. It requires some know-how, even for a newbie. Although it may be confusing at first, there’s satisfaction from learning things about them – from the dial and chronometer to movements and more. You will soon realize how valuable these details are when the time comes to buy.
1. Decide on a Budget
Before anything else, it will be good to know the price point of these watches. The prices offered by a physical store may differ a bit from an online shop, but it is ideal to know how much these timepieces go. For entry-level pieces, the price may go from as low as $150 to $1000 or so. The price ranges from $20,000 and up, if you are looking for a quality watch. Once you have an idea of how much these go for, you need to decide how much you are willing to spend. With a budget, you will be able to look at what it can get you. Nothing’s set in stone though. Your budget may go up or down depending on the available goods in the market.
2. Learn to Determine if a Watch Is Authentic or Not
For veterans, it’s easy to tell which one’s authentic and which one’s not. However, for newbies, it will be difficult but not impossible. Always check the model and serial numbers. It helps to be familiar with model numbers, and there are online databases where you can verify serial numbers. Authentic timepieces will also come in boxes and with paperwork. With an expert eye, check the watch’s movements as replicas often have difficulty imitating the movement of a real one. These are just some of the telltale signs to help you purchase a real timepiece.
3. Only Get Your Luxury Good from a Reputable Store
The abundance of watch dealers offering their products to potential customers can be overwhelming. The variety of brands and models may confuse and overwhelm you, but that should not stop you from ensuring you get your luxury goods from a reputable watch dealer. After all, you will be in touch with them for any service or repair that you may need in the future. Your research should not only be the brand and model, but also the shop where you should buy your chosen timepiece.
4. Ensure the Watch Is Durable and Can Last Long
These timepieces do not belong to the luxury category for their premium price alone but because they are made from precious materials and crafted by experts to ensure high quality. When doing your research, you will encounter information such as the materials used. Can it withstand exposure to all types of weather? A sports watch may already be made susceptible to weather. But if you are eyeing a different watch type, it will be good to know how durable it will be.
5. Considering the Watch’s Movement
Known as the “engine,” the movement is a crucial part of the watch as it makes the hands move and the functions work. Without it, the timepiece won’t work, which ultimately defeats its purpose – to tell time and more. In watches, there are different movements to choose from: mechanical, automatic, quartz, chronometer, and more. Of all these movements, such as the mechanical movement is the most popular due to the high craftsmanship level involved. It all depends on what you want for your watch.
6. Check the Size and Fit It before Buying
We must admit that wearing a watch should be comfy and the perfect fit. You must always check the size, and fit the watch before you purchase it. If it is too big or too small for your wrist, you will end up not enjoying your purchase. This occurs when getting one from an online store, especially if you did not check the description. But if you are in a physical shop, you can ask permission to try it on first. And see if it fits not only your budget but your wrist as well.
7. Confirm and Negotiate a Warranty
You have spent money on this luxury good, but did you check the warranty? Whatever problems you may encounter with it, the warranty will cover any repair or replacement that needs to be done. It is essential to know how long the warranty is for the luxury timepiece you’ve been eyeing for so long. Do not assume that it will be the same for all brands, and do not buy one impulsively without reading the fine print along with the warranty details. Doing so gives you peace of mind that your watch is still under warranty after several years.
Hopefully, you find this article helpful as you start your journey to finding that luxury timepiece that matches your budget and style preference. It is not going to be easy though because there are different factors that you have to consider. But remember to be a smart buyer and you will take home the luxury watch of your choice. You can visit TheWatchCompany.com for more watch options.