Trade In/Trade Up One of the best things about collecting Rolex watches is that they generally retain their value, and you can always sell Rolex or exchange pieces for other timepieces that you later desire. Learn how to trade in quickly to get fair market value.
Is it hard to resell a Rolex?
Rolex is by far the most in-demand, easily recognized watch brand in both the primary and secondary (resale) market. That high demand means that selling your Rolex can be easier than selling another brand.
What is the resale value of a Rolex?
Rolex GMT-Master II. The Resale Stats: Rolex GMT-Master II watches hold a resale value up to 118% on average. Ref. 16710 is a resale superstar, with some models having the highest resale value.Rolex GMT-Master IIRolex GMT-Master IIThe Rolex GMT-Master wristwatch was originally designed in collaboration with Pan American Airways and issued by the airline to their crews on long-haul flights. ("GMT" in the name stands for Greenwich Mean Time also known as Coordinated Universal Time).https://en.wikipedia.org › wiki › Rolex_GMT_Master_IIRolex GMT Master II - Wikipedia. The Resale Stats: Rolex GMT-Master II watches hold a resale value up to 118% on average. Ref. 16710 is a resale superstar, with some models having the highest resale value.27 Jul 2020
Can you return Rolex watches?
If your purchase is within the terms of the return policy of the store, they can also support it. We have a 30-day exchange policy excluding never used, special order, and custom watches. In terms of value, Rolex watches sometimes appreciate and fair market value can be greater than the initial amount charged.5 Dec 2020
Is it good to buy second hand Rolex?
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.18 Apr 2016
How much does a Rolex resell for?
The cost of a Rolex can range anywhere between $6,500 all the way up to $75,000 MSRP. Factors that affect pricing are materials, new movements, collection popularity, and complications. The average price for most Rolex watches falls between $7,000 $12,000 MSRP.
Which Rolex holds its value 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 16610.18 Jan 2022
Is it worth buying used Rolex?
There is nothing wrong with buying a used or old Rolex watch as Rolex watches will last for generations. With that said, you don't need to buy a brand new Rolex watch just to ensure that it will last for a long time. If looked after properly, and serviced when needed, a Rolex watch can last forever.13 Jan 2022
The Rolex Submariner is probably the safest bet when it comes to buying Rolex watches for investments. The Submariner is Rolex's most iconic and recognized watch, and it is also the Rolex watch which has proven to increase the most in value. The Submariner is sporty, robust, durable, and has a truly timeless design.
Does Rolex sell watches directly?
To ensure authenticity, genuine Rolex products are sold exclusively through Official Rolex Retailers. Rolex does not sell watches directly from the Website and cannot ensure the authenticity of watches sold online. All Rolex watches are assembled by hand with the utmost care to ensure exceptional quality.
Does Rolex make watches?
Rolex does just make watches and their timepieces have taken on a role beyond that of mere timekeeper. Having said that, the reason a “Rolex is a Rolex” is because they are good watches and tell pretty good time.
Is it hard to buy a Rolex?
Buying a new Rolex can be a complicated endeavor because Rolex intentionally shorts demand on more than a few models (especially steel sports models), thus creating years-long waitlists at authorized Rolex dealers. Getting on those lists is itself a challenge requiring investment of time and money.27 Oct 2021