Most affordable route into Speedmaster ownership..?
Discussion
I'm not massively into watches but I must say, the Omega Speedmaster is just a timepiece I aspire to own. I like the original version and would like to work towards owning one some day but my partner doesn't exactly understand how a watch can cost £2,000+ so the notion of just strolling into a jewellers one day and buying one is not something I think I'll ever be able to do as long as we're together!
Are there any more affordable ways into Speedmaster ownership? Are there certain editions which were less popular (for example) or can you buy ones which are suitable for refurbishing..?
Any advice gratefully received.
Are there any more affordable ways into Speedmaster ownership? Are there certain editions which were less popular (for example) or can you buy ones which are suitable for refurbishing..?
Any advice gratefully received.
Edited by Chicane-UK on Tuesday 28th December 19:47
mikees said:
Does partner like handbags etc? Mulberry etc? Use some his/hers comparision? Or buy her a ladies auto seamaster and she if she likes it and then buy one?
No - that's one thing I can't pick her up on! She couldn't give a monkeys for expensive clothing or jewellery. She does have a collection of handbags, shoes etc (what woman doesn't?) but she really didn't spend a lot on any of them. andy tims said:
Most affordable - buying pre-owned.
Good condition Professionals often circa £1,200 in nearly mint condition, or the Automatic (AKA Reduced) £800
This or finance it. Good condition Professionals often circa £1,200 in nearly mint condition, or the Automatic (AKA Reduced) £800
Personally on a Speedmaster I'd go 2nd hand as I think it represents better VFM than buying new.
A new acrylic Speedmaster is £2310 I think!
Maybe a pre-owned Speedmaster Automatic would be the way forward. I've no preferences in terms of what is more desirable (obviously not automatics if they're cheaper!) - it's just the design of the Speedmaster that I've always loved! Absolutely timeless!
Thanks for the tips all. I could easily afford the deposit / finance option.. I just think I might get in trouble regardless! Maybe if we ever get married, I'll insist on a Speedmaster when she gets her engagement ring
Thanks for the tips all. I could easily afford the deposit / finance option.. I just think I might get in trouble regardless! Maybe if we ever get married, I'll insist on a Speedmaster when she gets her engagement ring
Buy second-hand. I bought a completely mint Speedy Pro a couple of years ago for £1200.
One thing I would say is if you want a Speedy Pro, don't buy a reduced, because it will not be the watch you wanted and you will only end up buying the Pro anyway sometime later.
To be fair a year before I couldn't have imagined justifying even £1200, but then I got a new job, wiped out all my debts and had about that spare at the end of every month, so cost wasn't an issue any more.
As for my mrs, the bills are paid, there's food on the table and I let her have as many shoes and handbags as she wants, so my money is my money to do with as I please. If this is not your financial status then concentrate on getting there first before buying a moonwatch. I always take the view that if you can't buy it for cash you can't afford it on credit either.
One thing I would say is if you want a Speedy Pro, don't buy a reduced, because it will not be the watch you wanted and you will only end up buying the Pro anyway sometime later.
To be fair a year before I couldn't have imagined justifying even £1200, but then I got a new job, wiped out all my debts and had about that spare at the end of every month, so cost wasn't an issue any more.
As for my mrs, the bills are paid, there's food on the table and I let her have as many shoes and handbags as she wants, so my money is my money to do with as I please. If this is not your financial status then concentrate on getting there first before buying a moonwatch. I always take the view that if you can't buy it for cash you can't afford it on credit either.
NeMiSiS said:
londonbabe said:
I always take the view that if you can't buy it for cash you can't afford it on credit either.
On a 5 grand purchase I would prefer to leave 4 grand in my bank gaining interest, put the 20% down [£1000] and pay the 24 month interest FREE installments.Even on a 3 grand purchase I would prefer to leave £2,400 in my bank gaining interest, put the 20% down [£600] and pay the 12 month interest FREE installments.
I would never take the option if it was not interest FREE credit.
However if I didn't have that 5 grand to earn that interest then I wouldn't buy the watch or sign the credit agreement in the first place. A lot can happen in 24 months.
No doubt I will break this rule one of these days - the next time I buy a house obviously springs to mind.
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