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The price of preowned luxury watches dropped to a three-year low at the end of 2024, especially in brands such as Rolex, Patek Philippe, and Audemars Piguet. Aside from the current economic climate in the UK, this price shift is largely due to the preowned watch market beginning to stabilise again following the massive peak in prices we experienced during the pandemic.
On the other hand, if you are specifically looking to make a purchase of a brand such as Omega or Cartier, you may prefer to wait until the spring sales, since brands such as these have fared very well over recent months in terms of maintaining consistent price points.
The new year is an excellent opportunity to refresh your luxury watch collection, so why not head into 2025 in style with a stunning preowned luxury watch on your wrist. The available choice of watches is also likely to be much more varied around this time of year, as many watch collectors take the December to January period as an opportunity to trade in their preowned timepieces, either to purchase a new watch for the new year, or to free up some capital for festive spending. Not only does this give you more stock to choose from, but it also makes it far more likely for you to find what you’re looking for if you have your eye on a particular watch type or model.
If you’ve set resolutions for 2025 to get outdoors, stay active, and take better care of your health, trading in your existing timepiece and using the money to buy a smartwatch could be the key to keeping to, and achieving your new year’s goals.
For a stunning and timeless mechanical Swiss watch infused with all the joy and convenience of a modern smartwatch, look no further than the TAG Heuer Connected Caliber E4 series. This incredible watch comes with a huge number of accolades, including a barometer, speedometer, heart rate monitor, compass, and microphone, and can connect to your other smart devices via Bluetooth or WiFi.
For an elegant, sleek model fit for staunch driving enthusiasts, consider the Connected Caliber E4 Porsche Edition, which comes with advanced Porsche car controls and a new exclusive Circuit watch face. Alternatively, for a new timepiece to sport on the golf course, consider the Connected Caliber E4 Golf Edition, customised for your best performance on the golfing green.
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