Watch Leasing companies exist?

[gabrielnovar]

Example. lets say I want a patek...or an audemar. I really don't feel like buying/hanging on to it.

Just like exotic car clubs is there a company that leases watches?

Riskier Idea as watches can walk, but with the right vetting process in place it would be an interesting concept.

I know in my life I won't get to own every watch I want or....just wear it for a month. Being able to pay "X" to switch my watch every month for 1-3 years would be something I can get behind.

Subscription based model.

[droptopman]

Google search https://elevenjames.com/

If I remember this was discussed here on TRF when it first started. Interesting idea.

[rolexinfl]

As with leasing a vehicle, I dont see the point. After 2 years of leasing even a 'low end' Explorer II from elevenjames for instance, you can own it. If you discontinue the service you have nothing to show for it.

[gabrielnovar]

Originally Posted by rolexinfl

As with leasing a vehicle, I dont see the point. After 2 years of leasing even a 'low end' Explorer II from elevenjames for instance, you can own it. If you discontinue the service you have nothing to show for it.

this comes down to buying/leasing argument. Some people simply don't like outlaying so much capital at high prices. So they rent or lease to have the vehicle....property without putting in so much capital.

[tudorbaja27]

Renting cars. Renting watches. Renting suits. Not for me

[gabrielnovar]

Originally Posted by tudorbaja27

Renting cars. Renting watches. Renting suits. Not for me

not for everyone..but for housing I rent a place in a new city every year...why? because its fun.. Change of scenery...and if I don't like it. Oh well I can bail easily.

Renting watches...well people buy used a lot so doesn't matter, same with cars. Never would rent a suit lol ...

this argument goes on and on.....but there is a reason why mercedes is doing the subscription model

Younger people regret buying houses....and only want things for a short time. The market is huge

[tudorbaja27]

Originally Posted by gabrielnovar

not for everyone..but for housing I rent a place in a new city every year...why? because its fun.. Change of scenery...and if I don't like it. Oh well I can bail easily.

Renting watches...well people buy used a lot so doesn't matter, same with cars. Never would rent a suit lol ...

this argument goes on and on.....but there is a reason why mercedes is doing the subscription model

Younger people regret buying houses....and only want things for a short time. The market is huge

Oh I rent a place as well. That's a bit different.

[Vivalas]

Yes seen a few articles about it. Not for me but clearly some like it.

[lguevara91]

I would personally use this service to get a feel for a watch that I'm looking to buy but cant find one in person to try on... yes, i'd rather spend 100-300 bucks to rent it for a month and see if i actually like the watch and its not the "novelty" of having it vs. drop thousands and have to take a hit on the resell... thats just my opinion...

[stratlanta]

Originally Posted by lguevara91

I would personally use this service to get a feel for a watch that I'm looking to buy but cant find one in person to try on... yes, i'd rather spend 100-300 bucks to rent it for a month and see if i actually like the watch and its not the "novelty" of having it vs. drop thousands and have to take a hit on the resell... thats just my opinion...

I did Eleven James for about six mos just for this reason. I just wanted to "audition" some things that aren't readily available. It actually worked out nicely because it helped solidify what I was interested in and what I wasn't. When I was done with it I cancelled and didn't have to deal with selling watches I didn't love. Not for everyone but it was a good entry point for me.

[gabrielnovar]

Originally Posted by stratlanta

I did Eleven James for about six mos just for this reason. I just wanted to "audition" some things that aren't readily available. It actually worked out nicely because it helped solidify what I was interested in and what I wasn't. When I was done with it I cancelled and didn't have to deal with selling watches I didn't love. Not for everyone but it was a good entry point for me.

ya thats the way I see it....Look I own some pieces I like them, but don't want to keep selling them off to get something I would enjoy...but not super crazy about.

[GradyPhilpott]

Leasing or renting watches is something that I'm just not interested in, especially in subscription form.

Of course, I have more watches than I can give sufficient love to and I'm getting old enough that spending any more on watches is not that good an idea.

I will purchase an inexpensive watch now and then if the notion strikes and I really like the watch and there's always the possibility that I might see a used luxury watch for sale that rings my bell.

Sometimes, I just can't help myself.