You may be wondering why some pre owned watches are more expensive than others. Although this question may puzzle you, the answers are relatively simple. Here at House of Watches we have a wonderful selection of pre owned watches for you to choose from and we will help explain why some watches are more expensive than others.
The obvious answer to the question of why are some pre owned watches are more expensive than others is the supply and demand of said watch. If that watch is no longer in production it will mean that there is unlikely to be many on the market, a strong demand for the watch will obviously lead to an increase in pricing.
Here are some factors that may cause an increase in price:
Is this watch part of a limited release? It is possible to create a supply and demand imbalance in this manner, which is likely to result in an increase in the price of the watch immediately upon its debut, let alone at some point in the future. Because there are only a certain number of clocks available, it might be rather challenging to get your hands on one.
After production there are some watches that become more increasingly popular over time due to them being “classic” or even in some circumstances rare to find. Initially the watch may not have much attention but as popularity grows worldwide, these with drive up the price of the timepiece.
Some brands will purposely lower the supply of their watches to keep up the quality of an item. The low number of items means a low amount of production numbers, this instantly drives demand due to the panic of potentially not getting one of these limited supply watches, a brilliant way to drive the price up!
An increase in demand can also cause prices to increase. If the brand has gone viral or has taken the world by storm, the increase in demand may cause prices of the timepieces to increase. With social trends causing random outbursts of trends in fashion and accessories, the demand for certain items can come from anywhere which can later lead to a lack of production.
Purposeful restriction is another way of causing a price increase on some of the most popular watches on the market. Big brands want you to buy into the brand, by which they give you access to their basic range of watches and limit your access to their most in demand watches. This leads to a higher demand of those watches, allowing companies to charge an exclusive price to access these timepieces.
There is a fantastic selection of pre owned luxury watches available here at House of Watches. We can help you beat the struggle of finding your dream watch even if there is a struggle with demand. From Rolex, Omega and Breitling to TAG Heuer, Rado and Raymond Weil, we have the perfect selection of luxury Swiss watches for you to choose from. Shop the collection online now at House of Watches and find the perfect watch for you.
