Menswear: Which watch?


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Mr.X.
Mr.X. avatar

2823 posts since 23/6/13

posted 2 Dec 2016 23:21, edited 2 Dec 2016 23:21
The same rule does apply for a car, that is a luxury car. Luxury being the operative word.

I think swede's point is that if you can't afford it outright then you're kidding yourself. A luxury watch, car or even a mansion are status symbols so if you're buying them on finance it's deceptive.
Scottishmark
Scottishmark avatar

513 posts since 25/1/11

2 Dec 2016 23:23
99% of people drive a 'luxury' car. You can get a reliable car for a 1-2k.

Mr.X.
Mr.X. avatar

2823 posts since 23/6/13

posted 2 Dec 2016 23:25, edited 2 Dec 2016 23:25
I meant the car equivalent of a Rolex not an omega.
Scottishmark
Scottishmark avatar

513 posts since 25/1/11

2 Dec 2016 23:43
I'm just playing devils advocate.

I can't see why it would be such a bad idea to get a watch on finance when comparatively (model dependant) you would suffer less depreciation on a watch vs. a car.

Plus 0% finance (partial finance anyways) is easier to secure on watch than on a car.

Am I missing something?
swede
swede avatar

7880 posts since 21/3/09

3 Dec 2016 00:48
Mr.X. wrote: I think swede's point is that if you can't afford it outright then you're kidding yourself. A luxury watch, car or even a mansion are status symbols so if you're buying them on finance it's deceptive.

I don't ever agree with X but he has hit the nail on the head. if you can't afford to outright purchase a watch and are looking at finance deals you have to seriously have a word with yourself and priorities within your life. (how are you going to afford a service?).

yeah if it is 0% finance and you honestly can afford it, sure why not. I am just thinking of the mongs who would hand over 20-30% of their paycheque for 5 years just so they have a rolex (+ interest). it is literally just a watch

cars are different. much more need for a car for work/transport etc. no one NEEDS a rolex. but NEEDING a reliable form of transport/a non-shit car for client meetings is completely understandable. yeah sure you dont need the blingest merc for those things either…
RickRude
RickRude avatar

3258 posts since 13/1/12

posted 3 Dec 2016 02:29, edited 3 Dec 2016 02:29
Fuck me I said 5k watch - not 30k. I bet most people lease or finance their car in here - so they can have a better motor. would you not prefer a Rolex deep sea or sub to the Tudor you posted?
swede
swede avatar

7880 posts since 21/3/09

posted 3 Dec 2016 09:07, edited 3 Dec 2016 09:07
not if I had to tell people I've got it on finance Laughing out loud much better spending money on first flat/worthwhile things

"you financed a rolex?" Roll Eyes
ginner
ginner avatar

258 posts since 15/4/14

3 Dec 2016 10:39
To be fair a rolex is not an asset with massive depreciation like a car and the way their prices have inflated over the last 2 years (20% or so) you would be in a position now, having financed it two years ago, where you could make a decent gain if you were to sell it once paying it off. Semantics really as why would you finance one then sell it as soon as you had paid it off.
swede
swede avatar

7880 posts since 21/3/09

3 Dec 2016 13:57
this is true, they don't depreciate (pending wear) so they aren't as bad an investment of money as a car. but they also need servicing to be worth their full amount (£700ish?)
datsun
datsun avatar

677 posts since 9/3/03

3 Dec 2016 19:14
If you have the option of interest free finance why would you not take advantage?

I genuinely don't get it, appreciate I might be missing something

I could afford to buy outright but would rather put 20% down and then use the remainder for something else…

Who would you have to tell you bought it on finance, and if they think less of you for doing that then are they genuinely worth the worry??



Crackajack
Crackajack avatar

7057 posts since 21/4/05

3 Dec 2016 20:05
Yep, 0% finance means you can invest the money elsewhere like Swede does so successfully.
Seventyfour
Seventyfour avatar

8705 posts since 6/10/05

3 Dec 2016 21:11
Have subs gone up recently, what's the price now?
Scottishmark
Scottishmark avatar

513 posts since 25/1/11

3 Dec 2016 23:48
£5400 for no date / £6250 for date.

I appreciate if you're taking a 5k watch entirely on credit because you simply can't afford then that is mental but that goes for anything in life, including a car. If you're either (a) able to afford would rather take advantage of credit; or (2) very nearly able to afford but need credit to make up the difference, it seems arbitrary to simply say 'taking a watch on credit is nuts'.

swede
swede avatar

7880 posts since 21/3/09

4 Dec 2016 15:30
datsun wrote: If you have the option of interest free finance why would you not take advantage?

I genuinely don't get it, appreciate I might be missing something

I could afford to buy outright but would rather put 20% down and then use the remainder for something else…

Who would you have to tell you bought it on finance, and if they think less of you for doing that then are they genuinely worth the worry??


swede wrote:
Mr.X. wrote: I think swede's point is that if you can't afford it outright then you're kidding yourself. A luxury watch, car or even a mansion are status symbols so if you're buying them on finance it's deceptive.

I don't ever agree with X but he has hit the nail on the head. if you can't afford to outright purchase a watch and are looking at finance deals you have to seriously have a word with yourself and priorities within your life. (how are you going to afford a service?).

yeah if it is 0% finance and you honestly can afford it, sure why not. I am just thinking of the mongs who would hand over 20-30% of their paycheque for 5 years just so they have a rolex (+ interest). it is literally just a watch

cars are different. much more need for a car for work/transport etc. no one NEEDS a rolex. but NEEDING a reliable form of transport/a non-shit car for client meetings is completely understandable. yeah sure you dont need the blingest merc for those things either…
swede
swede avatar

7880 posts since 21/3/09

posted 4 Dec 2016 15:32, edited 4 Dec 2016 15:32
Scottishmark wrote: £5400 for no date / £6250 for date.

I appreciate if you're taking a 5k watch entirely on credit because you simply can't afford then that is mental but that goes for anything in life, including a car. If you're either (a) able to afford would rather take advantage of credit; or (2) very nearly able to afford but need credit to make up the difference, it seems arbitrary to simply say 'taking a watch on credit is nuts'.

I completely understand that, but "making up the difference" where the difference is half the value of the watch (£2500 as rickrude is suggesting) = you can't afford it.

taking advantage of free credit is great. I am not arguing that
jeg
jeg avatar

2266 posts since 12/12/01

4 Dec 2016 15:42
swede wrote: this is true, they don't depreciate (pending wear) so they aren't as bad an investment of money as a car. but they also need servicing to be worth their full amount (£700ish?)
Watch or car service for £700?
swede
swede avatar

7880 posts since 21/3/09

4 Dec 2016 16:29
rolex service
Seventyfour
Seventyfour avatar

8705 posts since 6/10/05

posted 4 Dec 2016 17:15, edited 4 Dec 2016 17:15
Thought it was £500?
Birdman
Birdman avatar

1342 posts since 10/3/10

4 Dec 2016 19:43
Sub service was £550 for me last year iirc - was well worth it too.
Superprecise
Superprecise avatar

2056 posts since 16/7/11

4 Dec 2016 21:51
Mr.X. wrote: A luxury watch, car or even a mansion are status symbols so if you're buying them on finance it's deceptive.

I saved for ages for my watch and was adamant that I wouldn't get it until a had all the cash in my hand. But it's such a extravagant, unnecessary expense that I found it difficult to keep the money in one place and things kept setting me back. Like when my boiler needed replacing and wiped out £2400. In the end I paid half up front and the rest interest free over 24 months. Can't say I miss the 80-odd quid a month and I couldn't give a fuck if some people, especially 'status symbol' helmets like you, think that's somehow illegitimate. I bought the thing for me, not to impress some other cunt. Anyone impressed by a flash watch isn't worth impressing.