Are Rolex Watches a Good Investment?
Rolex watches are one of the most in-demand and most sought luxury timepieces, which it worth buying. Rolexes are increasing in price over time because of being handmade, and the supply gap widens.
In early 2022, Rolex increased the price of its products by over 4%, which suggests a price hike shortly. If you like to spend your cash on fancy watches, I think it is the right time.
So, we decided to pen this article and tell you if Rolex watches are a good investment or not. If the response to this question is positive, what makes Rolex watches a good investment?
Because it has been shown that Rolex watches do not experience a decline in value over time, so they are an excellent choice for anyone looking to invest. They are valued and respected.
So, let’s start this exciting topic about investing in Rolex watches and see the complete information to decide better on your investment.
Table of Contents
Are Rolex Watches a Good Investment?
If the Rolex watches are bought new, they can be an excellent investment because they value proof over time. We want to bring one example:
A new stainless-steel Daytona (Rolex Daytona 40mm New 2022 Stainless Steel Panda White) costs $14,550 and, once purchased, is now worth up to $39,000.
So based on this instance, buying Rolexes can be a good investment. But if you are not convinced, and this example was not enough, let’s continue.
The reasons why are Rolex watches a significant investment?
One of the keys to knowing which brand and product are worth investing in is “High demand and Low availability.” You can see in the Rolex products that Rolex stainless steel sports models have become an example of this.
Some of the high-demand and hard-to-find watches are Rolex stainless steel sports models. So, as you see, this can be a great starting point for us.
Let’s see the other reasons that make Rolex watches a significant investment.
1. Increasing in price over time
As mentioned above, Rolex watches had an increase in price in 2022. Some of the “Rolex Classic Watches collection” and “Rolex oyster perpetual model” has increased about 4.2% in price and even higher.
Because of the materials such as the best steel, diamond, and gold used to produce the Rolex watches, the price increase is predictable and reasonable.
Also, it is worth mentioning that the average Rolex price nowadays is more than $13,000, which is almost three times the 2010 average of $5,000.
We end this section with this information and move on to the following reason that makes Rolexes a good investment.
2. Increasing a shortage in the future
The Rolex company doesn’t have a plan to increase the production capacity in the coming days. This means that the supply shortage will grow, further inflating the value of the Rolexes.
Rolex has stated that “… current production cannot meet the existing demand exhaustively, at least not without reducing the quality of our watches – something we refuse to do.”
Over time, the Rolex presence has become so monumental that its loyal customers are ready to pay whatever the brand asks for.
Thus, Rolex increased their timepieces price instead of creating a scarcity of their watches.
Some of the Rolex watches that increased in value in 2022 are mentioned below:
- Rolex GMT-Master II 18ct Everose Gold 126715CHNR
- Rolex Daytona 18ct Yellow Gold Green Dial 116508
- Rolex Sky-Dweller 18ct Yellow Gold 326938
- Rolex Daytona Platinum Ice Blue Dial 116506
- Rolex Day-Date 40 18ct Everose Gold 228235
These are only some of the samples of the Rolex watches that have increased in value in early 2022.
3. Sellers can invest in the Rolex watches
As the seller community can expect returns on their Rolex investments in the coming years. the new sellers can invest in these luxurious watches and expect returns on their investments.
The fans are the fundamental reason for hiking Rolex prices. This is because of 3 reasons:
- Fear of missing out: yes! People buy products because they don’t want to be missed out.
- Nowadays, People are looking at Rolex watches as an investment instead of luxury timepieces. So, the price will increase.
- It symbolizes being rich! It’s hard to buy a Rolex if you are not rich. Rolex watches are a status symbol for the rich.
What is the best answer to the “Is Rolex a great investment?” query?
If you have read this writing till here, you know the answer! It is positive! The Rolex watches are a good investment. The data would suggest this answer.
Rolex scarcity combined with the fans’ high demand has directly led to an increase in the value of Rolex watches. This has supported the idea of whether or not buying Rolex watches can be used as a good investment.
Which Rolex watch models are the best investment?
The most valuable Rolex watches are made of stainless steel, namely the sports versions.
In recent years, watches made of stainless steel, such as Submariners, Explorers, GMT Masters, and Daytonas, have seen the most significant market value increase.
In the end
Now that we have come to the end of this article, we hope that you have gotten all your answers about “Are Rolex Watches a Good Investment?”
As we mentioned in the article, two essential factors make an investment sound reasonable:
An increase in value and more demand. So based on these points and the date, these all make the Rolex watches a good investment. Now, what are you waiting for?
Please write your ideas about “Are Rolex Watches a Good Investment?” in the comments below and start a conversation. We are waiting to hear your views.
FAQs
Do Rolex watches hold value?
Sure, they not only hold value but also go up in value. As the data shows, in 2022, Rolex timepieces increased in price and discount.
What model Rolex is the best investment?
The GMT Masters and Daytonas are examples of the models you can invest in; you can see others in the article above.
Why are Rolex watches prices so high?
Rolex uses the 904L stainless steel in all its collections. So, all their watches are tough and long-lasting, which is why Rolex watches are so expensive.
