How To Buy a Rolex: A First Time Buyer's Guide - What You Need To Know | Bob's Watches
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- čas přidán 16. 08. 2021
- Buying a Rolex watch doesn’t have to be an intimidating process. Join us today as we discuss how to buy a Rolex. Ready to shop? Check out our inventory here: www.bobswatches.com/rolex/
Are you interested in learning more about how to buy a Rolex? Including how to choose the perfect Rolex for your wrist, the benefits of investing pre-owned, and more information about Rolex’s catalog? Check out our comprehensive buying guide here: www.bobswatches.com/rolex-blo...
Rolex is one of the world’s most recognizable luxury brands. While it might not be the most expensive and exclusive company on the market, it’s still widely sought-after for its iconic status and association with power and success.
It might seem overwhelming to buy a Rolex. They do require a substantial investment for collectors of all budgets, after all. However, if you do your research before you invest, the process isn’t as overwhelming as it might seem.
CATALOG
The Rolex catalog is divided into two categories: classic and professional. The classic series consists mostly of dress watches developed for daily wear and finer occasions, such as the Oyster Perpetual, Datejust, Day-Date, and Cellini.
The professional series includes sport and tool watches that cater to various lifestyles and professions, such as the Submariner, GMT Master, Explorer, and Cosmograph Daytona. This category is known for its robust styling and additional functions not commonly found within the classic range. It also often commands a higher price, depending on the model and market demand.
CHOOSING YOUR ROLEX
The first thing to consider when choosing a Rolex is your budget and style. It’s important to stay realistic as to which models fall within your budget while keeping the styles you love in mind. For example, the Daytona is out of reach for most with an entry-level budget. However, a timepiece within the dress watch collection might be just as classic without breaking budget.
It’s also important to consider how you will be wearing your Rolex. Do you plan on reserving your shiny new investment for finer occasions? In that case, a sophisticated dress watch might be more suited to your wrist. If you’re in the market for a tough, ready-for-anything tool watch, a model from the professional series might speak to your lifestyle more.
Do you travel often? In that case, we recommend the GMT Master, complete with additional time zones.
NEW VS. PRE-OWNED
There are indeed benefits to buying a Rolex brand-new. You will be the first person to wear that watch. Additionally, the watch’s authenticity is not questioned because it was purchased from an authorized dealer. Another bonus is that brand-new watches might even cost less than pre-owned, depending on the model and current market demand.
With that in mind, it isn’t always possible to buy a brand-new watch either. For example, many of the hottest watches on the market right now are completely sold out on the retail level. Many can’t stroll into an authorized dealer and just purchase models such as the stainless steel Daytona ref. 116500 or the newest stainless steel and Pepsi bezel GMT Master II ref. 126710.
Many of the most desirable watches on the market require a years-long wait, which sends collectors to the secondary market, where prices are often double and even triple retail. However, there are also used Rolex watches that sell for less than retail. In that case, you stand to save money by shopping pre-owned, depending on the model.
That leads us to our next topic, where is the best place to buy a pre-owned Rolex? The top concern for most collectors is the watch’s authenticity. Buying from a reputable reseller is one of the smartest choices you can make when shopping pre-owned, and Bob’s Watches is one of the most well-known and trusted names in the game.
A 1-year warranty accompanies every Rolex to ensure it is in proper working condition. Additionally, every Rolex is certified pre-owned by an independent third party to guarantee the watch’s authenticity. You can rest assured that your Rolex is genuine and competitively priced when you shop with Bob’s Watches.
If you aren’t already familiar with the Rolex brand, it might seem like a daunting task to distinguish between the different models produced by the company. Take the time to do your research to ensure that you choose the best watch for your wrist. That might include reaching out to our knowledgeable team for guidance or even hitting the Rolex forums to ask fellow enthusiasts for their advice.
Buying a Rolex shouldn’t be intimidating or overwhelming. Follow the tips outlined in this video, and you’ll be well on your way to buying your very own Rolex! - Jak na to + styl
I’ll get my Rolex eventually. I’m in no rush. Money needs to be saved and bills need to be paid first.
Waiting for it makes it more special. You’ll appreciate it much more.
just got my first one after waiting for 7 years. worth the wait
If you start with reducing your bills to zero, you’ll get that Rolex next month!
Why do you need rolex that much?
Wah we have same wave length of thinking 👍👍
I got my first Rolex last week from a local AD, managed to get a Yacht Master 40 grey dial with blue second hand as a first watch…couldn’t be happier!
How much?
Nice intro video, however do know that if you are buying a watch from Bob's or anywhere else for that matter, be sure that you're getting a watch with all matching serial numbers and not a Frankenstein model where the watch was pieced together from various watches as it will affect the value. I learned this the hard way after buying a President that I found out later had a Rolex bracelet but one that was not original to the watch and had been reconditioned. The same was true for the dial and watch hands. All parts were Rolex, but a mash-up from other watches that dramatically affected the watch value.
lmao, how different are entry and luxury segments watch fans. You call it a "Frankenstein" and warn others, we call it a "seikomod" and wear proudly.
P.S. ofc, it is a joke. That's horrible story, mate, I can't imaging how hard it hits to buy an expensive and very desirable piece you probably hunted for a months and find out that it is not the thing you willed to pay for.
czcams.com/video/Qj5f21MQ37Y/video.html
Joe’s gotta go
@@dovs96 You think you’re funny, but you’re not.
@@justmeeagainn chill, I even wrote the Post Scriptum, I have no idea why you're so offended by my comment.
I was just telling my girl this
Amazing video
Bob's thr BEST
Great video! Does your website only list prices in USD?
I currently own 2 Rolexes which I bought new from my local AD. Waiting for the call for the next one is never ending.
which ones do you have?
@@ammar4939 Air King 116900 and a lady datejust, rose gold, black face, diamonds numbers jubilee bracelet, two tone.
@@NYC-2-BKK Sick. may I ask when you bought them and if it was retail or through an AD.
@@ammar4939 February/March 2022 thru an AD.
Watches are so 80s. Nobody wear watches anymore. The cell phone keeps much better time than any Rolex. Rolex should start making jewelry. Watches are useless relics.
great. I will buy it
You don’t buy a rolex. You buy a spot on a 2 year waiting list.
😂😂😂 ikr !!!
not really lol
I only waited a few weeks for my Datejust two tone gold jubilee, here in New York City. You just need to develop a relationship with the sales consultant.
@@erikcowan8825Relationship = kiss their asses and give them money on things you don’t want just to have the privilege to give them more money LOL. A sucker is born everyday.
Listen. In this country, you gotta make the money first. Then when you get the money, you get the power. Then when you get the power, then you get the Rolex.
I wish that I started earlier in life buying Rolexes
What Rolex’s would you have purchased first? Am thinking about a Daytona.
@@Laxusism Daytona is great.... if youre willing to wait years for one. That is unless youve spent 10s of thousands at your dealer.
looking to buy my first rolex 41 datejust yellow gold black dail
most comprehensive
"If you scuba dive" 😂
😂😂😂😂😂
How can you tell the difference between new and worn 2022 model. The owner could polish watch and say it's new and wore the watch for a year. When light touch up wears off you see the scratches and that's hard to catch
I can’t wait to reach the milestone in my life where I purchase a Rolex
5:38 Ah, yes, nothing says "we stand behind our products" like providing the minimum warranty period required by law.
I am in my mid 50s and now financially able to buy a Rolex. What is holding me back is to whom shall I pass it to when I am gone . For now , I will keep wearing my Breitling.
Would love to rock it after you 🫣
50? And you must can afford one? My god you made some mistakes
Dad?
@@jayw2798what made you decide to push send on this comment smh
@@jayw2798You can’t even write properly mate.
Bought my first one. Already want another.
This watch game is interesting
Fake Rolexes are never be higher quality than real ones.
I want a rolex. I'm flying to Europe next week. Any advice on how to get a professional one without a waiting list
Do you sell watches to Toronto
I will have the ability to buy any Rolex I want and when I want.
Good
It’s really been a dream since I was 13 to afford a Rolex, I’m 20 now and am financially free and I can finally afford one, I cannot express how I feel now.
Congratulations
Amazing man. Enjoy the wealth
Just curious, how are you financially free at 20, you win the lottery or something?
@@bobbillings he sells weed bro
@@walterlittle5589 I chose the wrong career then
Looking at getting my first Rolex this year
Please help
As someone who don’t wear jewelry or accessory, I’ve been wanting to get myself a Rolex watch for some time now.
I would only wear it during special occasions since my skin can’t tolerate daily usage. I tried wearing both metal and leather straps and can only last for few hours before it feels like I’m being restraint.
I’m eyeing the classic model and has an extra focus on Oyster Perpetual Explorer.
I would love for this to be my one and only watch that I can passed on to my family.
Any thoughts?
Yes, I would buy a Rolex if I wanted to spend money on a useless outdated relic. I don't wear watches because I have a cell phone which keeps perfect time. But if I think about it, a Rolex is the perfect way to get rid of excess money your don't need. Use it or lose it. So yes....I might also get a Rolex. If my cell phone battery dies, I will still have a Rolex on my arm as a backup.
@@BillyO8828 Good for you? Do you want us to throw you a party?🎉
@@BillyO8828 🤡
I just bought one. Datejust olive ❤❤❤ happier as ever. Love my Rolex.
Some watch stores selling Rolex brand new, with box, tag, document but without Rolex Certificate card. They say they can authenticate their Rolex watches are real ones. What do you think about that, and I don't understand why these real Rolex Watches have no certificate cards to identify they are the real Rolex watches?
I just bought my 5 th Rolex. OP 34 mm explorer blue dial. Most people don’t notice the watch your wearing, my oyster perpetual slides under the radar.
34mm out of style.
Next time I go into a AD Rolex shop and hear "we don't have that in stock," I'll ask for directions to the nearest AD Grand Seiko shop and drop 10K there on a watch. I'm at a point Rolex needs to sell me on why I should buy a Rolex. I hope you read this Rolex.
1966, nam, i was issued a army wrist watch and a rifle. Watches became hard to get. Gave mine to a friend that had a long tour left. I see e-bay prices are very high, i cant imaging a grunt ever selling his, the greedy, grieving, families must put it on line.
I have the basic OP with the silver or platinum face, I have heard it called different names. It’s about 6 years old and I wear it everyday. I have ALL the things it came with and is in excellent condition. Anyone have an idea how much it would sell for today?
You can dm maybe ill buy it from you
@@qutadahrababah6644 what is dm?
One day I'll own a Daytona. That's a personal dream
So how much ?
My wife wanted a watch, told her the stove has a clock.
Thanks for the video
I'm buying my first rolex from Bob.
Thats why he did this, to increase his business.
I'm a g shock guy but I do like it
Funny thing is at one of the latest auctions I went to for upper Suisse watches . There was some sort of special edition G shock that sold for more than many top brands. I of course turned away and couldn't believe it. Ended up with a nice Patek for $1000.00 less than that G Shock. And I am fine with that.
Bought my first Rolex (the one in the thumbnail) & I'm 25 💯
Congrats!
Horrible purchase. A 36mm date just is only worth about 5k anyway
From where dis you buy it? No retailer has any rolex at the moment
@@maryamabbasi1714 what country are you from ? Many have Rolexes
Just turned 18 and scooped a preowned submariner. Stoked
Do you go on a waiting list if you visit an AD in an international airport terminal?
I'll save you the 7 minutes of watching this. Video headline: How to buy a Rolex? Don't wait a long time from a Authorized dealer, buy one way over retail from a reputable second hand market dealer. Btw, he is a second hand market dealer.
The damn ADs are the worst. It shouldn't be this hard to get a Rolex. I had to go to the gray market to get mine.
No love for the Yachtmaster 🤦🏻♂️
Mate, I think you forgotten about the 10 wait list…
hope your watches are in a better shape than your hair
😂😂😂
Minute 4:01 what rolex is that?
Looks like a yacht master
Video about Rolex shows a Tudor.
I must have a Presidential before I leave this earth
Looking to buy my first Rolex pre owned I can’t afford a new one
I think they're more expensive pre owned
First thing to do, is find one.
Why am i here i am broke af
There is way too much ads everywhere from rolex company. I'm sick of it. A collective action is required imo.
Step 1. Don’t overpay. Step 2. Avoid Bob’s Watches. See step 1 for explanation.
Who would you recommend instead?
@@clapforboobies5892 go to a rolex authorized dealer
@@leangroundbeef2322you can’t just walk into a dealer and buy a Rolex.
@@GlobalrellWhy not? Genuinely curious, this seems odd to me. I've never bought an expensive watch before. Why have a dealership if they won't sell anything?
@@charkswitlazers I’m not sure why you can’t that’s just how it is.
This guy speaks very quickly, but his information was excellent. I think this was a very good video!!
You can change the playback speed
@@theartofikigai365 ..Thanks !!
cant find any rolex in Dubai. Any suggestions?
I think situation is same every where. Retailers don’t have any watch at the moment but i have read few comments saying that they have purchased after being on wait list of ADs
I used to own a rolex until I bought a car that had a very nice stylish quartz clock.
Joe’s gotta go
czcams.com/video/Qj5f21MQ37Y/video.html
You can't pass down a car through generations can you
That's true, but you can enjoy having a car more than a watch.
“We buy watches from flippers” is what they meant to say
Too bad the people that work there wont return calls or emails they promise to do
I bought my 1st Rolex off some dude named Leo down Michigan Ave. Its prolly legit, LOL
Does amazon sell real rolex?
Go to an actual dealer , never go to online sellers . Some may be real but I wouldn’t trust it , Amazon has obviously numerous different vendors
I want 40$ tennis shoes and a rolex
When my net worth exceeds 1million I am going to reward myself with a $10k Rolex.
My Net worth is sitting at about -$200,000 and I still love collecting Rolex (:
I would like to buy a preowned rolex that has potential to become a vintage watch and go up in price over time, let's say within 5-10 years. Is there something I should look at? Budget is 4-figures
Probably be in the 5 figures, the Probably is way better
Oyster perpetual no dates are good investments. Also Datejust is in that price range.
It’s not about money….
I would think that would be true of any Rolex.
me watching this video with £20 in my account
First thing to do: find an AD to go down on
Never by from traders buy at market value
rolex 1000.00 watch diamond crystal stones glossy blingsz
It seems so cringey and corny to me you gotta "build a relationship" with a dealer in order to buy one...wtf is that? I'm here to buy a very expensive watch do you have it or not? Wtf..."we have to be friends first" is Rolex lowkey trying to turn into a cult?
If relationship building seems ‘cringe’ to you, maybe you should be looking at a Timex.😊
Nice and concise presentation!
First Rolex I ever found interesting enough to pursue was the z-blue Milgauss. I talked to my AD last December and waited and waited and waited some more.Then mid- May I went out of state to three other ADs, then in June went to two others in yet another state. In total, six ADs in three different states. I got a call from an SA from one of the three I visited in May called me six weeks later. She was competing with seven other SAs in her shop, yet she got it for me in six weeks.
Nice good for you.
Had you bought a lot of inventory from any of those shops previously to buying that one? I ask because I've been hearing that AD's won't even put you on a waiting list unless you've already bought a lot from them before. I'd love to buy a brand new unworn one with papers and everything. Virgin for lack of a better term
@@richardsanchez9190 I got my z-blue Milgauss in July and my Polar Exp II in November from that AD. I hadn't even communicated with or visited them till May of 2021. Only things I bought from them are those two watches. I also got a Batman on jubilee from another AD. Briefly visited them end of June, asked for a Pepsi or Polar. In late July or early August I asked for the Batman on jubilee, got the call for it end of Sept. Only thing I bought from them too. Both are out of state for me, two different states. I know my situation is out of the norm, but I did the legwork, visited in person, showed genuine interest in watches, and didn't act like I deserved to jump in front of others to get these items which are in incredibly high demand. Just turned out for me.
@@jimlittle5769 that's good to hear. N yeah I'd totally be willing to do more research and wait. I contacted my AD let's see if they respond
@@richardsanchez9190 How could you have bought a lot from them before if they won't put you on a waiting list unless you have bought a lot from them before?
🎉😮😮😊
Fake rolexes are higher quality than real ones lmao
People who buy Rolex watches just want other people to notice them. They must be so lonely.....It is sad but true.... The ROLEX BRAND knows this very well....
Rolex the most overhyped brand there is. Exclusive???? They produce 1000000 pieces a year. Grand Seiko and Zenith produce 35000 pieces a year. Both are technical better and are better time keepers. But most of the people are living in LALA land. They pay over 10K-12K for a sport watch, that cost 2K to produce. The rest of the money is spend on marketing and the overhyped AD stores. Rolex dump the watches self on the grey market. I sold my Sub years ago and i'm glad with my Zenith and two Grand Seiko's.
Thank ü Bob's! 🌹🐾🐯📿🌺🌸🌊
How to buy any other watch brand:
“Hey, can I buy this?” “Sure! Let me ring you up!”
I know how to buy a Rolex have a spare 20 grand on you pretty simple lol
1 thing I can't get my head around. If I want an item but can't get hold of one due to supply there is NO CHANCE I am paying the same price second hand let alone more! Just get a different model. I think the only people who pay more than RRP are people with WAY TOO MUCH money...if you have too much money and want to spend it on nonsense, I can give you my details and you can just send me money whenever you want.
Or you can win the Rolex 24.
Ok so, I dont think I've ever even seen a Rolex in person. Having said that I'd like to buy one for my son, and I'm talking for when he graduates college or something. Something to be held long term and passed down. Like an heirloom. But I've been hearing that you almost cant even get in the door to buy one unless you've already spent thousands building up a history with a dealer. Is this true? Ideally I want the sea dweller 126603. Brand new, in the box, unworn, with papers. So straight from the factory to the AD to me. How likely am I to get one. Keep in mind, I dont mind waiting. I'd need likely a couple years to come up with the roughly 18K price tag I saw.
I got one a few days ago. Walked in the dealer, asked for one and they happened to have on on stock which was probably pure luck. This bla bla about building relations with dealers and waiting lists etc is just bla in my opinion. Waiting lists do not exist they are just there to keep you coming back. Dealers are not allowed to advertise what they have in stock and have to sell retail over the counter. So if you are looking for a watch, walk in and ask for any stainless sports watch they will most likely not sell you one as they think you are a watch flipper. The reason I bought one is pretty similar to yours, I got some money from my parents, didn't want to just put it in the bank but wanted to buy something something of value. 20 years ago when I graduated I got a watch as a present from them, that I still wear to today. The Seadweller I bought will probably go down to my kids later as well. One thing to note is that a seadweller is quite big, not only the size of the bezel but also the thickness due to it being a diving watc. It wears heavy on the wrist. I have 8 inch wrist circumference so can take the size but if you are buying something for your son later in the future it's a bit of a gamble size wise. The 18K you are referring to is the price on the gray market, from a dealer you are talking just over 12K.
@@BertM3 thanks for the info. I'm gonna look into it at a local AD
Thankyou for the information unfortunately every authorized retailer i have contacted says that their existing customers are already on wait for past atleast 2 years. Lost hope of getting one
Richard, if your son is 3 years old then I'd say you have an excellent chance of getting him the watch for his college graduation as it will probably take that long to get one from an AD.
After watching this video, I will be buying my first Rolex from you guys!
Did you ever buy from Bob's Watches?
Is it a good idea to buy Rolex watch from Rolex dealer in New York or just any authorized dealer?
Hey Agab! If there are an authorized dealer than you should be good! Just make sure they are authorized as you want to trust the person your buying from. The Rolex stores will most likely just add you to a waiting list, especially if it is a hot watch.
👑👑👑Rolex 👑 The Best Of The Breast 👑👑👑
If I needed to "show off" and impress people (with my watch), I would buy a high end replica Rolex for $700 and screw paying $20,000 for a way over hyped and over priced real Rolex.....
Perhaps a silly question but do owners ever worry about being mugged in the street. I live in central london. Do you ever feel anxious knowing your multi thousand pound/dollar watch is on show and so easily robbed? Just wondering
I don't wear mine without wearing my p365 9mm. But I'm in the states. I suggest OC spray and asp baton.
Somebody I know nearly got mugged on NYC Subway for it. But he was wearing short sleeves to work that day. Don't show it off in public
Also, a multi thousand dollar watch would only be worn at special occasions
@@Nootlest Yes, buy it, put it inside a drawer and forget it.
@@aquarius4953 That's not what I said at all. I'm saying don't be a walking advertisement for people to mug you. Wear it out at work or events, not openly when you're shopping in the supermarket
Never even crosses my mind
I can’t afford one but I would cut one of my pinky’s off or maybe a middle finger for a datejust or a submarine.
Okay? Can yo uh tell me what makes a Rolex a watch worth loosing body parts? Have you looked at what other well known brands offer? If you really want a super nice watch that won't break the bank. Then walk away from the over priced Rolex and get a Omega, Breitling, Zenith, heck many outstanding brands that offer way more watch for far less funds.
@@Patriot-rising I guess you haven’t checked the prices on all the other brands you mentioned, oh if you don’t know what a figure of speech is then I don’t know what to tell you buddy.
Really cant believe they used to be like a tool for people lol
People stopped using watches for utility like just over around 10 years ago
@@Nootlest false
This is soooooooo cool thank you
With a bit of luck the grey watch market will be extinct in a few years there a blight on the watch community
Nothing great about owning any of this so call luxury watches beside one can get their duplicate with ease and it as good as the original smart humans would rather invest in gold instead of luxury watches what a pity
Expensive watches = vanity and a waste of money. All you need is a water-proof watch.
I look at my iphone or clock on the wall for time - and before you ask yes i’m wealthy.
You are more expensive than competitors.
I almost pulled the trigger on an AirKing at my local AD 2 years ago but it was just too big on my small wrist. Kinda regret it now as they went up from $6,200 to $9,000 on the grey market. The second they come out with a 36mm though I’m running back to grab one.
Hey Jonas, that is a bummer, but you defintely want to perfect watch for yourself. It will be worth the wait!
Buying from an AD ?? Rolex , all shops are empty, listing 7 years full
#1 Rule…Don’t buy a Rolex online.
Don’t buy them at all
Wait? You mean there are still people out there buying Rolex watches? Why? Oh yeah my bad.. They are new to the watch world and know no better.
People their are far better choices out there I assure you.
You want a Daytona? I suggest a Zenith El Primero Chronomaster. Like the Submariner? Oh well there is at least 10 companies making better versions under their own brand for far less. Want something actual watch collectors are looking for? Well my first suggestion is pass over the beaten to death horse known as Rolex. No new designs is so many years. They change materials but keep pumping out the same old stuff.
Anyway look at Omega, Breitling except the POS models from the quartz era.
If you want a truly nice upper tier watch then look at AP, Patek, A Lange & Sohne ( one of my favorites) or Breguet etc...
Also there are some seriously new and cool designs coming from several micro brands. All of these are exceptional watches that are very sought after.
To be dead set and honest. A serious watch collector like myself . When you say Rolex, most of us say okay.? And unless it is a super deal that we can sell quickly we wont touch them.
Most serious watch collectors are going back in time to collect truly remarkable early time pieces.
Rolex is so over priced for what they are. The service work is extremely costly compared to other brands. Original Rolex replacement parts are truly over priced. Why ? Because of the demand. And those demands are from other people who sold their souls to purchase a silly boring old Rolex.
My opinion , but you will find many who agree.
Do you have an opinion on Jaeger LeCoultre? Thanks so much in advance.
Do you have Rolex explorer 1 124270 alternative?
@@mls6684 JLC is absolutely Fantastic. But Rolex is a great watch to.
How to get scammed by rolex should be the title 😅😅😅
F all this noise and get educated about them new clones.
If you want your friends to say “Wow, he’s wearing a Rolex” then buy one. For all other practical purposes: precision, water proofing, various convenient functions, etc., buy an Apple Watch for 1/20 of the cost.
Rolex actually has better water proofing than an Apple Watch
@@tobieazeez Apple watches are guaranteed water proof up to 50m deep. So unless you are an avid scuba diver or a navy SEAL, it’s more than adequate.
@@kmsnow6292 for a limited amount of time. Likely 30 minutes
Apple Watch 🤣 Don't compare proper watches with kids toys. There r a bunch of great watch brands, it is not necessary that a person has to buy a Rolex but something like an apple watch is not even in the same leagueas proper watch brands.
Yeah but then you’d be wearing an Apple Watch 🤮