0% Finance on a Rolex

[cervezaman]

Anyone know of any retailers offering 0% finance on a new Rolex? I had a look at Goldsmiths / Fraser Hart but they don't offer 0%....

Thanks

[Tony1963]

Maybe this:

https://www.bankslyon.co.uk/zero-finance

[rog007]

Watches of Switzerland or 0% interest credit card

[Ninjin]

Just some cautionary advice.

Only buy the Rolex if you really like it and can afford it.

This Rolex bubble is only for the hard to get hot models. The models you see in the windows and display cases have next to zero opportunity of value growth. I would say something like a OP or DJ you pay £6k for will only be worth £3-4k if taken right away and sold to a grey dealer.

So to summarise, don't get into debt for a Rolex thinking you can flip and make a profit.

Edited by Ninjin on Sunday 9th June 09:37

[NickCQ]

Ninjin said:

Just some cautionary advice.

Only buy the Rolex if you really like it and can afford it.

This Rolex bubble is only for the hard to get hot models. The models you see in the windows and display cases have next to zero opportunity of value growth. I would say something like a OP or DJ you pay £6k for will only be worth £3-4k if taken right away and sold to a grey dealer.

So to summarise, don't get into debt for a Rolex thinking you can flip and make a profit.

Edited by Ninjin on Sunday 9th June 09:37

I presume OP has lucrative 10%+ return business opportunities that are tying up every last penny of his capital...

[vixen1700]

Think I've walked past Mappin & Webb in Fenchurch Street and seen 0% finance signs...

[Tony1963]

vixen1700 said:

Think I've walked past Mappin & Webb in Fenchurch Street and seen 0% finance signs...

The trouble with 0% is:

“Interest Free Credit cannot be used in conjunction with any discount, promotional codes or cashback websites. We apologise for any inconvenience that this may cause.”

That’s from the Mappin and Webb er, website. So if the OP is after a Rolex that’s available immediately, that a discount might usually be available on, he won’t get that discount.

So as mentioned earlier, look for a 0% credit card, read the small print, and go that route.

After a stainless sports watch? Just save up the cash while you creep up any waiting list that’s in place.

[Ninjin]

NickCQ said:

I presume OP has lucrative 10%+ return business opportunities that are tying up every last penny of his capital...

I have no problem with using 'free credit'. In fact my last watch was purchased on the virgin 24m interest free card.

It's just many uneducated are falling for the stories of Rolex going up in value and making very bad financial decisions because of what they see on social media and news.

It was friendly advice and nothing more.

[cervezaman]

Thanks all. Yep, these all valid points. I'll look into the Virgin Card!

I guess my thinking was that in lieu of any freely available discounts, 0% finance seems the next best thing.

I'm looking at a two-tone Daytona. Not sure how in demand or not they are. For context, I've owned several Rolex in the past. Currently just have a 16610 Submariner which I've had for 10 years.

Thanks all.

[Ninjin]

cervezaman said:

Thanks all. Yep, these all valid points. I'll look into the Virgin Card!

I guess my thinking was that in lieu of any freely available discounts, 0% finance seems the next best thing.

I'm looking at a two-tone Daytona. Not sure how in demand or not they are. For context, I've owned several Rolex in the past. Currently just have a 16610 Submariner which I've had for 10 years.

Thanks all.

TT Daytona is not too hard to get. If not in the store you're visiting, I'm certain another will have physical stock or a short order time.

Good luck with your purchase,

[cervezaman]

Ninjin said:

TT Daytona is not too hard to get. If not in the store you're visiting, I'm certain another will have physical stock or a short order time.

Good luck with your purchase,

Thanks for this, much appreciated

[dc2rr07]

cervezaman said:

Anyone know of any retailers offering 0% finance on a new Rolex? I had a look at Goldsmiths / Fraser Hart but they don't offer 0%....

Thanks

Are you sure the wife got a Rolex last year from Goldsmiths on zero percent and a quick look on line they are not in the exclusions list.

[anonymous-user]

I think Mappin and Webb do 0% on Rolex but only for the shorter (2 year) repayments.

ETA sorry just seen the comments above.

[Sheetmaself]

As above normally any 0% finance will not be available on Rolex if they’re an official Rolex dealer.

That said the credit card is a good idea, may as well make the money work for you which will reduce the cost of ownership.

[cervezaman]

dc2rr07 said:

cervezaman said:

Anyone know of any retailers offering 0% finance on a new Rolex? I had a look at Goldsmiths / Fraser Hart but they don't offer 0%....

Thanks

Are you sure the wife got a Rolex last year from Goldsmiths on zero percent and a quick look on line they are not in the exclusions list.

Yes, was making an appointment with Goldsmiths in Oxford in order to 'register interest' in the watch and they specifically said no 0% interest only 9.9% APR! They also made a big point of saying that they can't comment on availability of the watch and that I must make a physical appointment to discuss it at which point they may add me to the list...

I'm almost thinking it may be easier to just buy a used one from watchfinder...!

[anonymous-user]

cervezaman said:

I'm almost thinking it may be easier to just buy a used one from watchfinder...!

Much easier but way more expensive and I doubt they’ll give you 0% either.

[Wills2]

El stovey said:

cervezaman said:

I'm almost thinking it may be easier to just buy a used one from watchfinder...!

Much easier but way more expensive and I doubt they’ll give you 0% either.

They offer 0% over 12 months on all their watches

[Dinoboy]

I thought it was just stainless daytona's that were hard to get hold of?