The name Rolex instantly conjures up an image of luxurious timepieces that are designed not only to keep perfect time but to look great too. Rolex is the one name that stands above all others in the prestige watch market and owning one can be considered as much an investment as a fashion statement. They are even kept as family heirlooms and passed down from parent to child. Thankfully there is a very wide selection of pre owned Rolex watches available that enable you to enjoy these luxuries without having to break the bank.

You do need to be careful when buying pre owned Rolex watches because the popularity and price of second hand models is such that many companies and individuals create fake watches that almost look as good and as authentic as the original items. No matter how good they are though, nothing can replace the quality of a Rolex.

Buying pre owned Rolex watches offers the obvious benefit of cot saving. The quality and demand for new Rolexes means that prices are often very high and while the watch itself may be worth it, few of us can really justify paying the kind of prices that a brand new Rolex might attract. Buying pre owned Rolex watches either enables you to save a little money compared to buying new or enables you to upgrade to a better model for a similar price to what you were considering.

Another benefit of pre owned Rolex watches is that you can buy models that may no longer be in production. There are many desirable models that have been released in years gone by and a lot of them are considered collector’s items. If a particular model is no longer in production, or you want a very specific model from a specific year, then the only way to get one is to buy a pre owned Rolex watch.

Do be sure that you buy one in good condition, because the condition does ultimately affect the final price of the watch and also how well it will retain its value over the coming years.

Prestige and luxury watch models, such as Rolex or Cartier watches, are always in high demand and as well as brand new models from major names like these, there is also a booming market for pre owned watches of a high calibre. Typically speaking, the cost of preowned watches is determined by how in demand they are and this not only means the general demand for second hand watches but also the demand for a particular brand or a particular model of watch.

Watches And Their Popularity

Watches are a popular form of jewellery as well as a convenient and functional item. They hold value for their great looks and their charm as well as for the name that is attached to them and the history of the watch brand in question. As such, there are many factors to consider before deciding whether a particular price is a reasonable one or not.

Watch Brands

Certain brands tend to be more expensive than others. For example, a top quality Rolex watch will almost always attract a very high price. This is because the name Rolex has become synonymous with good quality and with attractive watch designs that last for years. Other highly sought after brands include Cartier and Patek Phillippe although in reality there are many with varying degrees of appeal.

Watch Models

Some models of watch are also highly sought after. This may be because they were groundbreaking in their day. They may have been the first to feature a date dial as well as time, or they may have been the first to offer diving capabilities. Alternatively, the model may have become well known for its relationship with stars, TV shows, or any other appealing factor.

The Quality Of Preowned Watches

The quality of the watch is also vital in determining its price. Mint condition preowned watches are more expensive than damaged or even slightly worn watches. As such, you should expect to pay a higher premium for those watches that are in better condition. This becomes especially true when the watch is old because there will be fewer top quality specimens of that particular watch model.

Pre owned Rolex watches are considered as much an investment as they are a functional, time keeping item. They can be purchased for oneself or for a loved one, or they can be handed down from generation to generation as a family heirloom. For whatever reason you are embarking on a trip to find the ideal Rolex watch, you need to ensure that you are getting a good quality one and at a fair price.

Research The Model

There are many different models of Rolex watch and while they all have value in their own rights, some models are naturally worth more than others and for various reasons. Do your research fully if you are looking for a specific model. If looking for  secondhand rolex watches be sure that you know the different between any variants and look into any options that were available when the watch was new. Try to get an understanding of the typical price that a model sells for.

Make Sure It’s Genuine

Unfortunately, there are many fake Rolex watches on the market and this is because of the value of the genuine item. Buy from a trusted source and always try to ensure the authenticity of a watch before you buy it, because it will be considerably more difficult to get your money back following the purchase.

Check The Condition

Condition is another predetermining factor that goes towards deciding on the value of pre owned Rolex watches. Rolex watches were designed to last and, as such, there are some very fine examples on the market, but they were also designed to be worn and used so there are some with damage ranging from light and minor to major and virtually irreparable.

Check The Cost Of Any Repairs

If you are considering a damaged or broken model then you need to research how much the repairs will cost. You should use a qualified and certified Rolex engineer or watch engineer that uses official Rolex parts to ensure that you get the best results and the type of service and finish that you would expect from one of the most highly sought after watch brands in the world.

In today's tough economy, buying and selling second hand watches is a very big business. Everyone is trying to get into this booming market and producing a lot of buzz about it.

However, while second hand watches are readily found and available at great prices, consumers need to be careful where they buy or sell their pre-owned watches.

Some items of concern when looking to buy a gently used second hand watch might be reputation, reliability, presence, longevity, knowledge, guarantees and return policies. While the neighbour up the street may have a shiny second hand Rolex available for a great price, will it be such a great deal once the watch has been brought home?

Look for a shop that has been in the watch or jewellery business for a number of years. Many shops don't stay open past a year, so look for one that is established and will still be open for business if needed in the future. An established business with a high street and online presence has a proven track record that can be counted on in future transactions.

Shops that have been open for business for more than 10 years can be relied on to know their business inside and out. They will have expert knowledgeable staff that can provide information and advice on specific second hand watches. They will be able to offer guarantees as they have professionals on site ensuring that each watch leaving their store is in tip top running condition. They may also offer a return policy in certain circumstances.

Service is also another concern for consumers who are looking to purchase gently used timepieces. Dealing with a reputable and reliable shop ensures that consumers will have a short turnaround time when the piece may need cleaning, repair, or replacement parts. A small shop that has just set up business may not be able to supply the same kind of service and experience of a shop that has been in business for over 10 years.

A reputable shop will be knowledgeable about a watches value, no matter what brand the timepiece may be. They will be able to offer sound advice to a consumer looking for second hand watches and provide that consumer with an enjoyable shopping experience.

An established watch shop that buys and sells second hand watches will have a wider and varied selection available for shoppers than shops that only sell watches. The larger the selection, the better deal the consumer can expect to find.

Finding great deals on luxury second hand watches are not hard to find, however, ensuring the watch is purchased from a reputable and reliable watch dealer will provide the consumer with piece of mind once the watch is brought home.

If you are looking to sell your second hand watch, look no further than BQW, which is a company that both buys and sells luxury pre-owned watches. With over 20 years experience in the industry, you will know you are dealing with the best when you contact BQW.

BQW strives to do everything in its power to please its customers and to make the selling experience an easy one. The more information you tell BQW's well-trained and highly experienced valuation team about your pre-owned watch the more accurately they will be able to tell you how much the timepiece is worth and offer you a price for your second hand watch.

BQW strives to buy and sell the finest luxury watches, but they do not buy all watch brands. The company buys watches that are in all conditions, so selling to BQW is a great way to get a new life your timepiece that shows signs of wear, is damaged or broken. If you are unsure of whether or not your watch is currently one that BQW will consider buying, send them an e-mail to find out. It is worth the time to find out if selling to BQW is an option for you.

One way to get a valuation for your watch is to simply take some photographs of it and send it to BQW via e-mail. Simply fill out the valuation form and the team at BQW will get right to work to give you a prompt valuation in approximately two working days. You are under no obligation to sell your second hand watch when you get it valued, so it is a great way to find out the worth of your timepiece and it's also a great place to sell your watch for top dollar. E-mail is the quickest way to find out the valuation of your watch, so it is a good route to go if you want to know the value of your timepiece right away.

If you don't want to e-mail your information, you can simply mail your watch to BQW. The company offers a free of charge prepaid special delivery service through Royal Mail Special Delivery for all of its customers and all packages are insured by BQW for up to £10,000. Just request your free Watch Pack and you are well on your way to getting your valuation and selling your second hand watch. You have nothing to lose by getting a valuation today, you will be glad you did.