How Do I Buy My First Rolex?

Is Rolex cheaper in Switzerland?

– The INITIAL cost of a Rolex is SLIGHTLY Cheaper in Switzerland than in Scandinavia.

– The VAT refund in Scandinavian countries is BY FAR more generous than that of Switzerland’s, resulting in Scandinavia being “CHEAPER than Switzerland to purchase a NEW Rolex.”.

Is Rolex cheaper in Geneva?

Purchasing a Rolex in Europe can net cheaper due to the VAT tourist refund scheme and currency differential. … The Rolex AD at the Geneva airport offered 5% discount. These were in addition to VAT discount. No other countries offered discounts, so for us, Geneva was cheaper.

Which Rolex will be discontinued 2020?

Rolex Submariner 116610LV “Hulk” discontinued. Shock horror, Rolex discontinuing the Green Submariner 116610LV in 2020.

What is the best Rolex to invest in?

These Rolex watches are the best investments of 2021Rolex Explorer II.Rolex Oyster Perpetual.Rolex Submariner.Rolex Day-Date President.Rolex Datejust.Rolex Date.Ladies Rolex Watches.Rolex Air-King.More items…•Jan 5, 2021

How hard is it to buy a new 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.

Where is the cheapest Rolex to buy?

Eastern Europe offers excellent Rolex watches at cheap prices, but there’s often not much choice or range. Countries that are best for buying a cheap Rolex in Eastern Europe include the Balkans, Romania, Hungary, Poland, and Greece.

Where is the best country to buy a Rolex?

The best place to buy Rolex watches tax-free is in Europe. This is because of the high VAT (Value Added Tax) that the EU has….The countries with the highest VAT are:Denmark: 25%Sweden: 25%Norway: 25% (Note, Norway is not in the EU, but you can still purchase tax-free if you are residing outside the EU).Finland: 24%.

Which watches are the best investment?

Rolex: GMT, Reference 1675. … Rolex: Daytona, Reference 16520. … Rolex: Submariner, Reference 16800. … Patek Philippe: Nautilus, Reference 3700. … Longines Vintage Chronograph, circa 1940-1950s. … Omega Speedmaster, Reference 2998-2. … Audemars Piguet: Royal Oak, Reference 5402. … Rolex: Gilt-dial Submariner, Reference 5513.More items…

Is Patek Philippe better than Rolex?

But at the end of the day, Patek is much more focused on luxurious, complicated dress watches, whereas Rolex has a much sharper eye for luxury sports watches. The two brands have entirely different expertise (and price points), making it quite hard to say that one is “better” than the other.

Where can I buy an original Rolex watch?

Luxepolis is India’s most trusted online platform for shopping and selling pre owned Rolex Watches in India at best offer prices. Sell Your Rolex Watch for the Best Price. We Buy all Rolex watches both vintage, professional and current series. All pre owned watches on Luxepolis are certified authentic watches.

What is the hardest Rolex to get?

Rolex Skydweller with Blue Dial It’s a bit more difficult to get.” The Skydweller Ref. 326934 is a watch that has picked up in demand over time and believe it or not, Altieri says it’s harder to get than the Pepsi GMT-Master II.

Can you buy a Rolex from Rolex?

New Rolex watches are exclusively sold by Official Rolex Retailers, who receive regular deliveries and independently manage the allocation and sales of watches to customers. Official Rolex Retailers can provide information on the availability of Rolex watches.

What is the cheapest Rolex to buy?

Oyster PerpetualThe Oyster Perpetual is the lowest priced model of Rolex. And it comes at a little over $5,000. It is important to understand that this is an entry level price for the wristwatch. Of course, you may consider this as a whole lot of money for a watch.

Is Rolex cheaper in Dubai?

In Dubai at the official retailer you add 5% of the duty cost, after the 8-10% showroom discount. Duty free is fixed price. If you goto the Gold Souk in Deira, who are not the official retailers, you will find brand new Rolex watches 20-25% cheaper from the international price.

Who can afford a Rolex?

“A good time to buy your first Rolex watch is when you have enough discretionary income to where you can afford the model you want. Our average Rolex buyer is 40 to 45 years old but we have recently experienced a 15% increase in younger buyers in their mid to late twenties.

Why Are Rolex So Expensive?

Rolex watches cost a lot to design. … A Rolex watch has very high in-house development costs in terms of both design and craftsmanship. It not only costs a lot to develop the design of the movements and assemble them, but the materials used in the actual construction are also not cheap either.

How do I know my Rolex is genuine?

Is Your Rolex Real?Place The Watch Near Your Ear. The first trick is to know a watch’s inner functioning. … Check Out The Watch’s Case Back. … A Poorly Crafted Crown Etching. … Second Hand. … Cyclops Quality. … Engraved Rolex Serial Number. … Texts on the Face. … Surprising Price.More items…•Feb 27, 2019

When should you buy your first Rolex?

A good time to buy your first Rolex watch is when you have enough discretionary income to where you can afford the model you want. Our average Rolex buyer is 40 to 45 years old, but we have recently experienced a 15% increase in younger buyers in their mid to late twenties.

Can you buy a Rolex for $1000?

If you’re lucky enough to get one that comes with the Rolex boxes, you can sell those for $100-200 on eBay. … Using all these tricks, you can easily get a nice Rolex for $1000-1500 that will sell for almost twice as much.

What Rolex holds its value?

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.

Is Rolex worth the money?

A Rolex watch can be a worthwhile investment. If you choose the right Rolex model, you can maintain or increase the value of it even though you wear it. Generally, it’s a myth that luxury watches are good investments. … So for some reason, if you ever needed money quickly, you could always sell your Rolex watch quickly.