Pros and Cons of Buying a Rolex Watch on eBay - What You Need to Know
Buying a used Rolex watch online is becoming increasingly common. Between years long waitlists for some of Rolex's most popular models and prices continuing to rise, we definitely understand why more people are opting to buy their luxury watches online. While websites like Bob's Watches offer certified pre-owned Rolex watches at affordable rates, we definitely do not fault people for wanting to search for the best deal possible for a Rolex on Ebay.
In a recent survey we conducted, we found that 90% of people who would consider purchasing a used Rolex were more likely to choose an online seller based on their reputation. And, since Ebay is the world's largest online marketplace, it makes sense why people would assume they can trust them with their luxury watch purchase. While it is true you can find a large selection of used Rolex watches for sale on Ebay, there are a few things you should definitely consider before confirming your order.
Risks and Security
Rolex is one of the most commonly counterfeited products in the world today. The likelihood that you will come across a fake Rolex on Ebay is incredibly high, so you need to be careful. The best way to ensure you are purchasing an authentic Rolex is to be well-versed in the tell-tale signs of a fake watch.
How To Spot a Fake Rolex
When figuring out how to buy a Rolex watch, there are hundreds of different things to look for when trying to authenticate a Rolex. Things like weight, dial variations, application of paint, serial number engravings and movements are all things that even the most experienced watchmakers can sometimes have trouble authenticating. So, if you're buying a Rolex on Ebay and you aren't sure it is the real deal, chances are you are setting yourself up to get cheated. If you decide the risk is worth the reward, you can always consult our useful "How To Spot a Fake Rolex" guide on our blog.
Price and Value
At this moment, you can most certainly find someone selling a "Rolex" for under $1,000 on Ebay. We can assure you that this watch is most certainly a fake. Price does not always reflect value, and this is the most common mistake we hear from people who have tried to buy a Rolex on Ebay. What's more, even if you end up buying a genuine Rolex watch for less money, the watch you are purchasing may be in dire need of repair. Servicing a Rolex can cost a lot of money, so the watch you think you are buying is more than likely going to cost you more in repairs than the watch is worth.
Alternatives to Buying a Rolex on Ebay
Obviously saving tons of money on a genuine Rolex on Ebay is the dream, but the reality is that buying a used luxury watch on an online marketplace like this is incredibly risky. There are many reputable dealers online who take the time to authenticate their watches and ensure their customers are getting a genuine luxury watch. Even forums such as Rolex Forums can be a place where buyers can go to shop for their dream Rolex.
If you are serious about buying an authentic used Rolex at a reasonable price, you can always browse our selection of watches. All our watches are backed by our money back guarantee and come with free 2-day shipping.