Top 4 Money Saving Tips When Buying a Luxury Watch

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Published: 23rd November 2010
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Luxury watches are what they are—luxury. Although practicality dictates that people should live only within his or her means, it is still delightful to indulge in something regal once in a while. While it is still a no-no to embrace luxury if you can’t afford it, there is still a guilt-free feeling when buying a luxury timepiece.

You might have longed for that wristwatch to wrap your wrist like crazy. But before you envision yourself being fabulous with that watch of your dreams, why not take the time to read on how you can save money when buying luxury watches. Your ideal dream watch could be the stunning Audemars Piguet Royal Oak. The following would truly be helpful.

Tip # 1 – Research about the luxury watch you are eyeing.

There would surely be available information about it offered free on the Internet. Make the necessary research. Look for authentic designs that you particularly like. If the brand of the watch have a website, visit it to find the real selling price of the timepiece. This gives an anchor price. Anything higher than that range is inconsiderable.

Tip # 2 – Consider buying replicas.

You may skip this tip if you are really bent on buying the original piece. Replicas of luxury pieces can go from $100 and up. They provide the same authentic look and function. Aside from replicas, you could also check if the luxury watch you are eyeing has a mid-end variety. Some luxury watches have lower price range counterparts, the difference being a few carats of stones and stuff.

Tip # 3 – Go for pre-loved pieces.

Auction shops and other reputable watch stores sometimes sell pre-loved luxury watch pieces. Have you heard the rumor that the rich usually wear their watches a few times then sell it again because they don’t like it anymore? Some of those watches are passed on to secondhand stores. Check them out. It is very likely that your favorite luxury watch has a pre-loved counterpart in stores. Just make sure that you buy the authentic one. For you to know, the price range of pre-loved luxury watches does not go anything lower than 50% than its original price. If the store is practically giving the watch away, don’t buy it. It might just be a replica.

Tip # 4 – Get an expert.

Whether you admit it or not, having a watch collector as a friend helps. They are very adept to "dealing" with the prices of authentic luxury watches. Tag along with a watch collector that you can trust. He or she might even have the contacts on where to get the luxury watch you have been saving for. Watch collectors may also get discounts on some particular luxury watches.

Melissa Smith is a freelance blogger and senior contributor for She enjoys sharing news and information about her favorite Swiss luxury watches, including the IWC Big Pilot watches and many others.

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