3 Things to NEVER do When Buying a Watch
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- Опубликовано: 8 фев 2025
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Hey guys, I was motivated to make this video since I saw so many watch shops offering financing options on watches. Personally, I think anyone who needs to finance a watch in order to buy it should not be getting the watch, as I believe it would be financially irresponsible to do so. Of course, this is my opinion and I would love to hear your thoughts on this topic below. Thanks for all your support. Almost at 5k subscribers!
Teddy Baldassarre buying on 0% interest it's the best thing. Why not?
And now, more than 200k subscribers! Congrats, cheers from Brazil
“The borrower is the lender’s slave”
never buy from a ( grey vendor ) even though Ted tells you to....
Yes, do not finance things that aren't necessities. Thats how credit card debt happens.
Totally agree! Thanks for watching, my friend.
Yes I totally agree. Also as an an investment most savings accounts or retirement savings plans are a much better deal
Although there are cases where it makes sense. Like when the rates are so low that having money invested somewhere else and paying off the purchase in installments results in more money on your side in the end.
But that's really only a good idea when you can afford both options.
Don't finance it if you wouldn't be able to afford it otherwise.
Or, just never get a credit card? Why would you, its a worse deal than just using your regular bank card??
@Victor Lindvall, there are places where you can buy a high end watch doing monthly payments without credit card e.g. www.crownandcaliber.com
Also, not seeing the watch in person can be so tricky sometimes !
Bruh... This is true... Some watches look better on some people and some don't...
I have been fooled far too many times, but then again I don’t purchase online so it never was a bother. I was warned and always warn go to the store don’t purchase unless brick and mortar (personal choice).
I only buy watches online and it never is tricky
@@senseinuuh then you have a good sense of what looks good on you. A lot of people do not
everything that we don't need (but we want) doesn't deserve financing. That including watches. My 30 dollar Casio are more accurate than expensive mechanical watch (with even more function). But I cannot use it on a formal occasion. So i bought another watch (which is still friendly to my budget), an SNK375 Seiko 5, for merely 100 dollars (in my country, everything imported is considerably more expensive). I bought something according to my savings and income, and buying luxury watch with financing is a big no no for me.
Totally agree with you, my friend. It is all based on what we can afford and at the end of the day, it is just a watch. I love the Seiko 5 line, great choice!
thanks! Yes, it's really bang for the buck piece :) Quite accurate and reliable. BTW, talk about luxury / mid end piece, maybe the only affordable alternative are vintage piece. I recently bought a Seiko Lord Matic Hi Beat (1970), which is two level below Grand Seiko when it is new. Still affordable at +/- 130 dollars. But yes, vintage piece are quite risky if you did not know the seller :P
Teddy: “Don’t finance a watch”
Also Teddy: literally has finance options on all his watches on his website, even a $100 Timex. 🤦🏻♂️😅
Haha. That's so funny.
I absolutely love Teddy Baldassare and his advice. I'm sure he's just giving customers what they want and is coming from a place of sincerity and integrity, but it sure is ironic.
Great advice, Teddy. My first rule is to never pay retail for a watch! I have a peeve with many so called trusted sellers and the hip web dealers, chrono and even e-bay commercial full time hustlers since they are usually grossly overpriced. If new go Jomashop or grind hard with cash at AD's. Do not be intimidated at AD's. As to vintage, do not overlook large antique bazaars like the Rose Bowl in Pasadena or like venues in big cities. Best Regards, JP
Great point, JP. I am actually mad that I did not include that one on this list. Also, am very jealous of you even mentioning Southern California as I am freezing in Cleveland.
100% TRUTH!!! The real one for me was, "..there are so many other ways to invest your money if the objective is to get a return on the investment.."; Buy a watch if it is something you feel passionate about, something you would enjoy & most importantly, something that brings pleasure and happiness when you wear it. I completely agree with saving the money first, then buying the watch.. the price may go down before the amount needed is reached. Secondly, once I have the funds ready to go, I personally use a credit card to get the points then transfer the money into my account to make the CC payment. Cheers guys & Teddy.. THANK YOU so much for the videos. I truly enjoy them!
I hope you’ll travel to Tokyo, Japan and check the watch stores there. Watch industry is huge there. And also the second hand watch market, plus no fakes in Japan.
Don't buy "fashion" watches also. First thing I learned getting into horology and being more interested in watches.
I agree! I will say, if it wasn’t for fashion or smart watches, I am not sure if I would have ever found this great hobby. It also strengthened my appreciation when I finally started learning more about horology. Thanks for watching, Todd.
My first watch was Burberry. I loved it. Would have never bought it today but it did get me interested.
A "fashion" watch or anything under like 2 grand is the same thing. You're not getting into "horology" at that price point. No one gives a shit about a Orient Bambino or a Seiko, especially not watch lovers. Doesn't matter if Orient makes their cheap shit movement "in house." I can buy a Seiko diver at Kohls, right next to their off brand Polos and polyester dress suits. If you like Squales or Tissots, go buy them. They're better bang for your buck than Gucci watches. But do it for you. If you're acrually a watch fan or into horology, no one gives a fuck about anything in that tier. Save your money like a real watch lover, and buy something nice.
It's fine to be against "fashion" watches. But holding up a Tissot or Seiko and calling out other brands is embarrassing yourself. You're not impressing people with a real legitimate interest in watches either. You can wear your Citizen or Tissot with your JC Pennys suit, and buy them together in the same store
Well if you are interested in watches and horology you should probably care about what you wear. As for impressing others if that's why you buying watches you better have a lot of money for it hehe. And of course Seiko/Orient is better than a some fashion brand that just slaps a quartz and a label. Depends what you value I guess. If you are really interested in watches you should care what's inside. On ebay $2k can go a long way to get something nicer than a quartz with a Gucci label.
MrAhuraMazda187 Ur full of shit. Ur just a wanne be pathetic no-class dweller. U act like ur above people, ur below them actually by a fair margin. The fact u said people with " real legitimate " interests in watches don't appreciate a Seiko? Proves the point. U have no clue what ur talking about so I will kindly ask u to be quiet.
Hi Teddy,
Yes, there is a great satisfaction in saving your money over time and then finally buying the watch you have saved up for. Wise advice not to finance or to put on a credit card that can't be paid off in the short term.
Totally agree with you on that, Chad. Thanks for tuning in for another video; much appreciated.
All great points! I would add one more to the list. Don’t buy a watch because everyone else thinks it is a great watch. Seems obvious....but I did this once myself. I picked up a Cocktail Time and liked it a lot, but never fell in love with the watch (ended up selling it). Still a great watch and a good value. Just not for me.
Thanks again for the video Teddy.
This was short , to the point, and right on the money!!!
Saved up for my first Omega. Not prepared to leak value as soon as I have it. It looks super and is just what I wanted. Went to a shop to get it. Very professional people. Thanks for the good advise 🙂
PS I imagine if someone buys a 2nd hand Rolex they may later sell it for the same or for a small loss / profit. Although you always need to consider that an expensive item may be lost, stolen, broken. So do not buy something you can't afford replacing.
Fantastic advice here! Something many probably don’t want to hear but they need to hear.
Well finance is'nt that bad if you have good credit, recently I bought a Certina DS action diver green dial with affirm that was listed $379 and with interest i end up paying $396. Your point is correct, go for the couch, your money is more safe there.
Like your Videos Teddy. and Thanks for the reply. As an older person on a fixed income this last twenty years. Building a collection is my main interest and hobby. I don't spend much on Recreation. And have to keep to simple foods. And of course I don't drink. Smoke. Etc. I can get as much enjoyment from a Seiko as I can from an Omega or Rolex so Watch collecting can be for many varied types of people . Not just for the " upwardly moblie young man" with good taste and a penchant for the finer things in life.
I am not a smoker or much of a drinker either. I thankfully am in great health and don’t have a wife or children to overlook either so I have more discretionary income to spend on watches. It’s great you have managed to pursue that interest you have! It is a wonderful passion to have and I’m happy to be sharing it with all of you watching!
Great Advice on buying what you can afford, pay cash, and I love the novelty of saving up for something you really want!
In a conversation about financing a watching, WTF is up with the $25 Timex @ 1:16?
Hahaha the irony. It’s a pretty $25 spent. Just trying to promote financial responsibility with a watch that can be had on the cheap. I think it fits, but no doubt funny.
Your advice is spot on. If we can't pay cash then we shouldn't buy the watch!
On the real, I've been that broke where a Timex was like an Omega to me!
The Timex Weekender 40mm may be the best $40 you could ever spend on a watch IMHO. I particularly like the 40mm Weekender Chrono in Green or Blue.
Great advice about buying what you can afford. I moved to the USA from Europe, and I get the impression people here splurge on unnecessarily expensive cars. Young people with BMWs that in Europe would be driven by middle aged doctors. I bought an old Honda CRV cash, i knew i'd spend 1k for repairs etc, but at least no monthly payments for years to come. I freelance and money can come and go. Also in the USA even with a steady job someone can be laid off without notice, unlike in the EU. My credit is really good, more than 800, but I live frugally. With watches it is often best to buy used, as they can be resold for a similar amount, and you may lose 20 / 40 dollars of eBay / PayPal fees. I think my rile of thumb is i should not spend for a watch more than an average week of average income, or best not more than half a week. I have 10 credit cards, always pay full on time,I have categories where I get 2% to 5% cash back. I think the cash back from conscientious credit card use can be used to bay luxury / unnecessary items like watches. Timex look somehow pedestrian and too common. If quartz is not an issue I suggest taking a look at Momentum watches. I bought the Momentum Flatline at almost half price on Huckberry, put on a nice flieger strap and it looks nice and thin. Rotating straps is also a good way to make a watch look different for different occasions. I have a watchmaker in Chinatown NY who services mechanical watches for 35 / 60 dollars for 3 hand simple movements. Years ago I bought a Universal Geneve Polerouter in bad conditions for 175, got it cleaned / serviced. just sold it for 495. I sold it because i have another one with a more legible ,more minimalistic dial. I see too many people wearing those boring oversized DW or is it WD fashion watches. I can not like the Seiko 5s, because of the Superman logo on the dial and non hacking movement. Orient Mako II would be amazing if the day / date window was the same color of the dial instead of white. It is a great looking watch otherwise that can be both dressy and rugged. I looked at the orient Bambino, but hands are too short. Certina watches look nice, affordable and Swiss. Laco has nice watches too.
Second those points and take 'em one step further. Finance, by and large, is generally unwise albeit necessary at times. I honestly think that outside of a house purchase, no other financing is necessary or at the very least should be minimized. A car, at heart, is transportation with a wide range of choices at all price points; folks often move upmarket and then spend a small fortune on finance charges. Education, too, has price points. The value of education is almost solely dependent on the effort the student puts in, not the cost or "name" of the school. Some states now offer free tuition (to community colleges) followed by transfer for a Bachelor's degree -- at a total cost less than full 4 year at "Pricey U".
Sage advice Teddy. I’d add that while one should not view a watch as an investment, your advice points clearly to the need to buy wisely - to protecting one’s outlay once a decision is made. Certain watches offer far better value preowned (if one buys at the right price so some homework is necessary) plus your advice on due diligence on the seller and the watch.
The problem has arisen from the dramatic rise in prices of used Daytona’s, Subs, Nautilus’s and Royal Oaks creating a gold rush for “investors”. This can be an illusion.
I see a part 2 to this video is in order.
Been watching you for a very long time and I just want to say, I love all the work that you are doing! I hope you hit your 1 million mile stone soon 😁 On that note, one thing I'd like to add about the first point is that while I agree that you should not finance, I think people who are responsible with their money and want to purchase their dream watch through financing should pay off at least 70 to 80 percent of the watch. If they can comfortably do that, then I'd say financing is the way to go. I'm also referring to 0 percent APR 😂
I was looking for a specific couple types of videos. How to pick watches for wives/girlfriends. Best watches (by your price points to use with multiple bands (you sell bands right?)
Thanks that's crucial topic.
Follow the logics and not the mind.
Although some emotions to be controlled... that's tough.
Greetings from Germany
Question is, what's the difference between financing a watch and saving up for it? If you don't have the disposable cash to buy it right then and there, one can argue that your saving can be used for something more useful.
Of course it can, but human beings are not as rational as you might think, sometimes we want something because we just like it not because t is useful and will make us more money:) The difference in saving up for something is that you do not end up in debt, so you will not pay more for watch than you have and if something happens, you will not get into as much trouble as if you are on top of all your regular expenses pay for expensive watch as well.
NetAndyCz I was challenging Teddy and his idea that saving money is better than financing. I personally think if you don't have the disposable income to spend on luxury item, financing or saving for it amounts to the same thing.
That said, people finance stuff all the time, car, house, etc. One or two years of financing for a watch is not a big deal if you have a steady job or own a business, and you get to have that dream watch now. Sometimes by the time you saved enough money, the watch might already be discontinued.
Perhaps another way to do it is lay-buy, where you pay the shop money while they save the watch for you until you pay it off.
What if you can take that extra $10k and invest it in the market and get a better return than your interest rate?
Hey Teddy, what good reads could you recommend for a watch aficionado?
That Omega pie pan Constellation is just supremely awesome.
i don't know if you have a video on it if you do, direct me please. But how do you know if a watch is good value as a beginner, or how you know what's stylish enough or looks cheap. IDk like i haven't bought a watch and a few really interest me, but i'm worried about either it won't fit right. I have really big wrists
I wouldn't recommend financing a watch either. However, certain timepieces can be more analogous to a tangible asset like real estate rather than a consumer product like a car. For example, Rolex appreciation beat the equity market by up to 6% over the past 30 years, model depending.
I've done finance for watch but that was just for 3 months and I got money for full watch but I have to build credit score.
Concur 100% with all you’ve said.
Borrowing money to buy a watch is batshit crazy...
I’d disagree. As long as you can actually afford the watch, why would you not finance it. Especially since you can get 0% interest
@@gamebyfried If it is 0% interest, I agree.
Financing a watch is incredibly odd lol, like who is someone trying to impress?
First you get the Rolex. Then you get the ladies!
@@TomTom-sm7il not unless you buying them the Rolex
Great video. I agree with you 100%. Keep up the great videos. God bless.
A $20 Casio quartz is better than a Rolex. Change my mind.
Great video, thanks :) Also, what strap is on the white Nomos with blue hands? Been looking for it for AGES.
It was actually on amazon. I think this is the link: www.amazon.com/gp/aw/d/B01FV3SSZE?psc=1&ref=yo_pop_mb_yo_pop_mb_pd_t2
Teddy Baldassarre thanks a bunch!
One more thing. Would you know where to get the strap in a darker brown? See link instagram.com/p/BI0agVQDqbW/
Thanks again.
Marco G I am not sure about that one. But no problem! Thanks for watching.
Thanks for making this video. I’m new to the watch game and I noticed recently the finance option on these sites too...I was considering it but not no mo! Thx
Glad to hear that, Greg. I think that is the smart thing to do financially and I think it is very rewarding to save up.
1. Watches are bad investment vessels, don't buy a watch as investment.
2. Watches are meant to be worn, don't buy a watch "for a collection" or "just because" with no intention to wear it.
3. Don't buy a watch that costs more than you can get out of the pocket right now. If the price is measured in months of your salary, it's a no, buying on credit is a stupid and irresponsible thing to do. No one will think bad of you if you can't afford a $5000 watch. If your style, taste and common sense are alright, a Timex of choice is fine too.
4. Don't buy a "fashion" watch. A watch should last for years to come. Fashions come and go. Those who don't care about watches, won't care about what's on your wrist, but those who know a thing about watches will think that you're a douche/tool/schmuck, they won't tell you though.
5. Don't buy a "high-maintenance" watch you are not ready to maintain. Don't buy that old junk with "I think it has vintage vibes" you are not capable of appreciating and restoring.
6. Don't buy a watch from shady, questionable or unverified dealers.
7. Don't buy a watch you don't like or uncomfortable with, even if all the internet "experts" tell you "it's a cool watch, man".
Thank you!!!
Hey Teddy, what’s your opinion of buying from Jomashop? Not Omegas or Tudors etc but more like Hamilton level watches. Your thoughts?
Great video, thanks!
Thanks for watching, Morgan. You essentially stated my thoughts with your question. I would not buy any high level luxury watches on sites like that with complicated movements. However, watches in the Hamilton price range and have basic ETA movements I think are actually not a bad idea at all. I purchased a glycine combat sub on jomashop in the past.
Teddy Baldassarre No kidding! Alright cool, thanks for the reply!
Great video, and very sound advise!
Junghans max bill Chronoscope has same design but I didn't found same strap as you have on their site, can you send me link of your watch?
I purchased the band from band r bands. Definitely check out my video about where to buy watch straps.
I would add to this list, Never buy anything from someone who knows nothing about the watch, or watches in general. When I was looking to buy my Tudor Pelagos, the first guy I talked to (a private dealer on chrono24) literally knew nothing about what he was selling whatsoever, all he told me was “good watch, good condition, good price, you buy” I of course did not buy the watch, and continued to search, after SIX MONTHS I ran into a coworker who was wearing a Panerai, when asked what he has in his collection, the Pelagos was one of them, exactly the one I wanted too. He was knowledgeable, had a true love for horology, and priced it well to sell to me.
Moral of the story is. BE PATIENT!
Really good advice. Subscribed
I understand the point but isn't buying from, say Amazon considered credit? Most purple probably have the credit card and it has to be paid off. I just purchased an Orient Bambino for 100+ and I could've paid cash but I used my Amazon credit card!
Thanks, Teddy, great advice!
No thank you my friend!
What strap is that on the timex?
I like your videos but it’s contradictory to say “Never finance a watch” when your website offers financing with Affirm on every watch you sell.
Is amazon a good site to buy watches
OMG I definitely NEED that gorgeous Constellation!!!
Was just thinking of costly items I have financed. It's been so long since my University days (no student loans back then) so that's N/A. Other luxuries financed, houses and German cars. Other things I'm fond of which I never finance are watches, travel and A List Asian GF's, lol.
Hahahah amazing JP. You got a laugh out of me for that last line.
Hi Teddy, I really love the weekender on that leather strap. Would you mind sharring the brand name of that strap? Thanks for the great content!
Hey ! I love your taste ! Could you make a video about which straps do you use and where you purchase them?
Thanks my man! I already made one actually! It’s on the channel.
Thanks and I noticed right after I posted ! Fantastic video! What I like the most about your channel is you combine watches with outfits which I think should stay the ultimate goal of a watch collector.
Thanks
Good advices 👍🏼
Is Amazon a safe place to buy watches?
Amazon is technically made up of “grey market” dealers since they are not technically authorized to sell the brand. That said, they are safe to buy from and I have in the past. I would just stick to relatively cheaper watches when buying there. Also, be sure to check the seller and reviews. I purchased my SKX and orient from amazon and had no issues.
read seller feedback before you buy and you should be fine.
Hi I am thinking of buying a Seiko Sarb035 new for 500 cad, does anyone think it's a good or bad deal or any other alternative recomendation.. it's my first time buying
Hi man, those are great watches. These watches were recently discontinued so I only imagine them going up in price. I have made a few videos on my channel about great watches to buy at different price points. I would certainly recommend checking them out. I am a big fan of the Sarb035 and seems like a fair price since they are around $385 in America.
Good Job chief....cheers
Thank you, my friend. Cheers to you!
Hey Teddy agree wholeheartedly 👍
Thanks for watching, Ed!!!
Does anybody know the model of strap on timex at 1.20?
A watch can be an investment if you buy for an important job interview. Sometimes the proper dress watch can compliment your wardrobe. What you want to do in an interview is look successful, and expensive looking watch can work in your favor. The interviewer has no idea who you are (most of the time). A good impression is always a good move.
Can you make a video on good gray market dealers?
Dope video! What’s the song you used for the intro?
Absolutely correct buying a watch on credit is completely foolish. There are so many great watches at all price points so don't go into debt to buy a luxury product. Good advice.
Thanks for watching, sam. Happy to hear my message resonates and that you agree.
Sage advice, Teddy. Cheers
Thank you so much, my friend. Cheers to you!
So as a hobbyist without many sells, what do you recommend I use to sell my watches?
I'm a 1000% agree with you here.
Hey Ted, could you recommend some books for watches.
That might be an interesting video to make. I will say, I don’t read many watch books, but enjoy online media outlets instead.
Ah i see. I do read posts and blogs from different website and Monochrome and Hodinkee both are very enjoyable and informative. But sometimes I wanted to get into a particular brand, model or an era and it is quite hard to find a book about it so just wondering if you know any. But it would be great if you could do one video about places you get information from.
amazon
A local watch store offers interest free installed payments up to 100 times (So financing term of 100 months) 😂
It's tempting to use... I can pay in cash right there if I want to, but its nice to not see a big old dent in your bank account.
This does build bad habits tho!
That Nomos is gorgeous!!! Congratz Teddy👍
Thanks so much, my friend. Which nomos? 😏
Teddy Baldassarre The Ahoi Neomatik I think? Such a gorgeous watch!! I'm considering adding a Nomos as well with a silvercut dial to the collection.
Yes! Loving the ahoi neomatik. I can’t wait to get to wear that watch by the pool in the summer. Good luck on the search for that nomos to add to your collection.
Does the store still sell vintage watches?
I invested in comics when people said it wasn’t a smart idea and that has paid off pretty well. Using comic money to switch the investment to high end watches lol wish me luck 🧐🥴
What strap is that in the thumbnail?
Of course your advice is good .But its not the way I do it .As a person who has been unwell My Whole Life.I have never had much money. But collecting since a boy I have collected many Items now valuable. So I have decided to sell these items to fund a Watch Collection. Sometimes I have raised the Money for my next purchase. But sometimes I do buy on credit and sell more of my collection and pay myself back. Here Are My Rules .Do your homework. Learn all you can on the models you want .Watch and wait .Go for condition. Most watch dealers pay 25% off new retail on a watch So you need to not pay much more. Check all AD's as you can get Bargains. And some do Lay-by ( lay-away ) giving you 3 months (or more) to pay interest free .if you have a credit card make sure it insures all your purchases. As a back up to ebay. Have a good watchmaker that can inspect your new watch after purchase. For Authenticity and falts. I just hope you have as much fun and luck as I have.
Thanks for sharing your story and watching, Glen. Like I stated at the beginning of the video, you can decide what you want to do with your money. Happiness is what matters at the end of the day.
Nothing can replace Good Heath, and keep up the good work, I am calibrating my 59th Birthday soon with a mint Doxa T1000, and a Seiko Marinemaster "Tuna" SBBNO15, Good luck in all your Endeavors ! glen.
I have some watches I want to sell, your reference to Chrono 24 was helpful as I have no idea of their value. John K
Dont buy watches just to look good. Invest in quality because quality watches last longer and you can pass them down to other generations.
Totally agree my friend. It’s amazing to see the quality difference between the pieces I have collected.
First of all I want my quality watches to look good. If it looks crap to me I will not buy it. I don't think the younger generation is that much interested in a piece they have to service(cars,watches) They probably flip it to buy something techie from Apple. Remember stamps. They used to be a "good" investment back in the day.
What i ment by saying "just to look good" is buying fake watches that look good but are not of good quality. But you got a good point
Depends on the person.
Marinus Antonius Forever stamps are actually a pretty good investment as they have gone up 17%
I'll only use financing if it's interest free. Buying anything with Affirm is a terrible way to go. It's like using a credit card but worse.
Hello Teddy, Sweden here again.
To finance buying a watch means you are in debt. Is it worth it?
Save up and buy cash.
That wich is not earned is never valued.
This is wise advise to to all watch fans young and old. And a smart counterpoint to ArchieLuxury's "buying a watch should hurt" bullshit.
Guys i need some suggestions for a quality leather strap watch on the smaller side, for maximum 150 euros! Also i don't want to buy used watches so I'm talking retail price
Orient bambino or tissot everytime are good choices in that price range imo
What type of watch? Everyday? Dress? Diver?
swegboy Orient bambino is so beautiful but i can't find it anywhere in my country and the tissot beautiful watch but it starts from 200 euros! But id like something with like a domed crystal like bambino!
Teddy Baldassarre I'd like a dress watch or a more casual one, I'm only 16 but i really like the aesthetic of watches like orient bambino or the junghans Max bill!
Is buying a seiko from Amazon risky?
no
That 'don't finance' part should be applied to cars too. If you have to pay your Mercedes in like 3 years, better buy a Toyota. Financing tends to bring you down in a spirale of always wanting the latest models, hiding the fact that you don't have the means.
Teddy has standup values as a watch salesman.
Good points dude! Seems logical however not everyone looks st it logically
Very true, Philip..
Hi! What is that model of Timex at 1:16? Greetings! :)
Just a timex weekender where I switched out the strap. It is from band r bands.
Point 4: Dont buy a Hublot
I won't fight you on that one actually hahaha. Not a fan...
Mark Kouznetsov But I like Tag Heuer watches 🙁I would really like to have Aquaracer wad2010, every nice automatic!
Mark Kouznetsov I actually own a Tag Carrera 1887 and even though it has a bad rep from buying the original plans from Seiko, people usually neglect the fact that it’s a very very good watch with a very well built movement. Maybe it doesn’t have heritage, but the movement quality is slightly better than my omega speedmaster and the precision is as close to quartz as you can get.
i really like your intro and your style. remind me of mrjww.
Thanks so much, Tommy. I am not familiar with him, but I am watching a video of him now. He seems awesome, ill take that comparison any day.
I agree, if you need to use credit to buy a watch then you cannot afford it - choose something that you can buy for cash. Today, there is only 1 type and make of watch making their money back: a Rolex sport watch like the 'hulk'.
Never trust BBB ratings. I'm saying the following with absolute certainty as I have done so when performing brand management tasks at companies I have worked for: Ratings can be bought. Now, that is not to say that every business with an A+ BBB rating has done this but proceed with caution. Getting an A+ rating is surprisingly easy once you know how to do it. Lastly, please do not contact me on how to guarantee an A+. I only provide that info for employers and my only employer for the foreseeable future is me.
Great advice otherwise, Teddy!
A watch isn't an investment and watches CAN depreciate in value. Which is exactly why you SHOULD finance them. Its the same for a car, why put £2000+ into an asset that over the next 4 years is going to rapidly depreciate? That makes absolutely no sense. I'll put £2000 into this now and in 4 years it will be worth £1000. Even if I have saved up for a watch and could afford to buy it outright, I wouldn't. It's a simple model that most people who know about business use. Finance the depreciating asset, and invest the cash you have saved up to make more money.
If you’re truly responsible and can get 0% financing. Set the money aside to work for you while you make payments win win
I would like to know what your day to day job is
1. Don't finance a watch....
2. Don't buy a watch for investment unless it is your livelihood...
3. Buy from a reputable place (make sure you can return or are protected like on ebay, amazon with returns etc..)
"without further ado, let's get into the video".... immediately followed by further ado before the video starts.
I agree,if you cannot buy it in cash then you can't afford it. Never finance a watch. There are a lot at prices you can afford.
Very wise, especially for a young person. Never finance a watch.
I feel like if you have to finance a timex you have a real problem
Hahahaha I would have to agree. Looking back, I am not entirely sure why I decided to show a timex while talking about financing a watch.
And yet Teddy offers financing options on his website today…
I find it funny his first point he has a option on his website 😂 however tho he said it's your money and it's good business i don't knock it One bit
Financing only makes sense if it is zero interest