Thursday, September 19, 2013

Is a luxury watch like Rolex worth so much money?

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John


Why do luxury watches like Rolex cost so much money. They look kinda plain and the mechanical movements don't keep time as well as a their super cheap quartz counterparts. What then is the justification for spending over 5000 dollars for a regular steel watch?


Answer
They are hand made. They last the rest of your life (assuming they get regular service). The equivalent Chinese watch lasts only a few months.

Even the cheapest stainless steel Rolex costs about $7,000.

A Rolex is vanity. I own one because I like it. But many people choose to have children. Children are vanity. I choose not to have that kind of vanity. Thankfully my girlfriend is on board with that. Smart phones are also vanity. I have no need for that. Everyone has their own vanity.

Also a Rolex is something earned. It is not about the watch. It is about the work it took to make the money to buy it.

What are the most popular luxury watch brands worldwide?




Braniac


I'm doing a bit of ad-hoc research, and was wondering what the most popular luxury watch brands in different countries were.

I read a report that said Rolex and Tag Heuer were at the top for the USA.

Does anyone know what the top 5 are in places like Britain, Hong Kong, Southeast Asia etc?

Thanks



Answer
Omega
Citizen
Seiko
Breitling
Tag Heuer
Cartier
Invicta
Kenneth Cole
Patek Philippe
Guess
Bulova
Longines
Skagen
Rado
Rolex
Gucci
Tissot




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