Learn about depreciation of mens watches and how it affects your purchasing decisions.


Posted August 10, 2012 by johnybfre

Like many other luxury goods, it is important to know what your investment is truly worth in the long run. In the world of timepieces or horology pieces, there is a very crucial aspect to consider: its depreciation.

 
Like many other luxury goods, it is important to know what your investment is truly worth in the long run. In the world of timepieces or horology pieces, there is a very crucial aspect to consider: its depreciation. Watches tend to depreciate a lot faster than any other luxury consumer good and that is why you have to take the time to review all your options. Remember, brands like Tissot Watches, Cartier, Omega and others are very pricey and you do not want to be stuck with a watch that does not exude your persona, and fit your specific intentions for long lasting pieces that can be passed down to the next generation.

When you buy a designer watch, what do you look at first and foremost? A lot of people would say price is a major factor and others say that design is another factor. They rarely say that depreciate or economic longevity is a factor. Is that stretching the purchasing too far? If you are buying Tissot Watches or Rolexes, not at all. The reason for considering depreciation as a factor is that watches are not like specific items like designer handbags that are very popular amongst the market. If you are a collector, you would understand. Depreciation is ideal for those who like to invest on pieces that they might want to sell or keep as part of a collection. They want pieces that are truly iconic and elegant, not just some random design pieces.

The brand is a big factor for depreciation of mens watches. You have to consider the overall style. You want to also consider the overall appeal of the watches. Rolex depreciates the least but you have to understand that it still depreciates in time. Other brands also happen to have strong resistance against depreciation because they have become associated with timeless, high quality design and complexity. Thus, if you want truly collectable mens watches, you have to invest on the right brands; those brands that have stood against the test of time, like Tissot Watches, Omega or other renowned European brands.

You should also look at collectable pieces and what they are made of. If the piece is made of gold, expect that the price will fluctuate a lot more, compared to ones made from stainless steel. You should consider that the materials have a big effect on the quality of the watch as well as their maintenance. Stainless steel can remain in great condition for a very long time while gold has to be maintained more frequently. The depreciation of watches then should be also analyzed by the material and its construction since these factors can have a very big effect on the future value of the timepiece.

Finally, how rare is the piece? People are willing to pay thousands of dollars or even more to a specific piece if it is a limited run centenary piece or maybe a special collection, or a vintage piece that is not anymore manufactured. This part is for serious watch lovers only so if you are just interested about buying designer watches per se, then you do not have to focus on this aspect. People have different ways of reacting to luxury.

Look stylish, appealing and hip with our variety of mens watches http://www.e2watches.co.uk . We have a wide range of stylish watches from Tissot watches http://www.e2watches.co.uk/tissot-c-345.html and others.
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Issued By Johny Dean
Website http://www.e2watches.co.uk
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Categories Fashion
Tags mens watches , tissot watches
Last Updated August 10, 2012