Buying a watch as a future investment ?

[coolchris]

Hi there possibly looking to indulge in an expensive watch the first time I saw one I was taken with its look and design it's a tag mclaren mp12-4c watch limited edition 1000 made.I know this is just speculation on a watch like this is it likely to think that you could keep one fir say 3 to 5 years and turn a little profit or at least get your money back or is this just wishful thinking?.

I know very little about watches to be honest and have zero clue as to what type of watches hold value or even go up in the long run.

Chris

[dvs_dave]

I think it’s safe to say the TAG’s are generally nowhere near investment grade, especially new ones.

You want a watch to make money, try and get hold of a new steel Rolex sports watch at list price. However that’s very hard to do these days. Used market they’re already overpriced and I think a correction in their values will be seen in the next few years.

To at least hold its money/rise with inflation, any new or decent used steel Rolex with box, papers and a service history is a safe bet. Beyond that, and depending on how deep your pockets are, certain models from the other big name luxury brands will do ok, especially if bought used. IWC, Hublot, Panerai, Patek Philippe, Audumars Piguet, Richard Mille, etc.

[bennno]

My Rolex sub date is 19 years old, at the time the dealer did me a 10% deposit when buying new and it cost £2100.

I am not sure but suspect its worth a bit more than that now.

[Fckitdriveon]

Tag as an investment is suicide ....

Rolex , Patek are much safer bets!

[Tony1963]

dvs_dave said:

You want a watch to make money, try and get hold of a new steel Rolex sports watch at list price. Used market they’re already overpriced and I think a correction in their values will be seen in the next few years.

Lol. Theres covering your statement? People have been saying that for a while, but they keep climbing.

OP. Buying any watch as an investment isn't going to be easy at all. If it's a guaranteed investment, it has probably been bought and gone up in value by now.

[coolchris]

Cheers guys for your advice appreciate the help looks like I should be looking at other brands instead of Tag if I was looking at possibly turning a few quid or at least holding its value in the long run.

Thanks c

[anonymous-user]

bennno said:

My Rolex sub date is 19 years old, at the time the dealer did me a 10% deposit when buying new and it cost £2100.

I am not sure but suspect its worth a bit more than that now.

Maybe £6500 with box and papers?

[Cheib]

I’d be wary of buying watches as an investment. In my opinion one of the things that has contributed to the bull market in watches is the big appreciation in the Swiss Franc after the financial crisis in 2008. Before then the rate was 2.30 ish and is now 1.23.....Rolex list prices have tracked that as well as increasing maybe 10% per year. I think that’s a big reason for the surge in watch prices. At some stage that stops.

[harleywilma]

So many experts .....

[Barchettaman]

harleywilma said:

So many experts .....

Eh? It’s a forum and people are answering a question with their opinions.

Anyway, a new TAG Heuer will shed value quickly.

A nearly-new TH will come at a healthy discount and, if docs and box are present, should retain a decent % of value.

Bottom line: buy the watch you want, and that you will love wearing.

::DISCLAIMER:: I am not an expert.

[alabbasi]

If you're looking to invest, put your money on property or the stock market. If you're looking for a watch that could hold it's value. The only choice is Rolex, but probably not if you wear it every day. That's like putting 120k miles on a Ferrari and expecting it to hold its value.

[AmosMoses]

Watches are pretty lousy investments unless you have a cache of new Rolex’s to flip.

Instead put your money into something that’s taken a huge depreciation hit. Used Tags can be fantastic bargains, Cartier and Panerai also can be had for a great bargain.

[audidoody]

I bought a Rolex GMTII from Watchfinder in 2003 for £1,995. Clearly, it's worth a lot more now. But the thing is I bought it because I liked it. I had no idea it would appreciate so much. it was dumb luck. But consider this. Watchfinder also had no idea it would skyrocket - otherwise, they would have never put it on sale at that price.

I'd like to say I'm a clever clogs, But I'm also the idiot who turned down the chance to buy a new MK1 MX5 in 1998 opting for the latest MK 2 model. Which is now practically worthless!

[mikeveal]

[MarcelM6]

Buy a watch because you like it, not because you see it as an investment. If buying for investment it will have to be a 'safe queen' which means you never get to look at the watch. If it's the design that attracted you what's the point of locking it in a safe?

Rolex and PP have performed well, but just like shares there is no guarantee of future performance. Unless you are looking at very limited (single digit) production numbers I can't think of any other brand that is an investment.

[traffman]

I googled the Tag Mclaren watch . They are asking 6k!

That thing will nosedive in depreciation for a while . If i were you i'd try and find a Rolex Milgauss with the white dial. They are now discontinued and are a surefire investment .

Hopefully you'll find one. Another watch that is going upwards is the older Tudor Snowflakes. Circa 1989 or thereabouts. If you can find one for around 6k your onto a winner.

You see all the Rolex 5513's have been snapped up due to an increasing demand for these lovely no dates. And people are turning to the Tudor variant with a nice honey patina. The diffrence being the Tudors have the date function.

If you want a date Rolex then look at the 16800 model , you may be lucky.

However , i would stay away from the vintage market due to it being a minefield of repainted dials and over polished lugs , mismatching bracelets and fake faded bezels.

Go for a white dial Milgauss . Trust me!