How did you finance your Rolex

[Lou wants a Rolex]

Very interesting responses.

The emotions are very interesting as well.

[melrob1]

CC to get my points and these days the only discount. Then pay off before next statement.

[Tomas Eriksson]

These days I wouldn’t by a watch through finance, but a few years back I did so I’m not the one to judge. If you can get a 0% interest and pay it off in a couple of months then I see it as manageable risk.
But remember it is a unnecessary luxury item and not a investment.

[SloRolexfan]

I walked in with a bunch of 100's. Handed them to the man and got my Daytona. It was one of the proudest moments of my life outside of being a father and getting married.

[SearChart]

I bought all my watches with cash, never ever finance for me.

[glamorama]

Stock market profits, never ever on credit for luxury items.

[mac_135]

Paid cash. My personal rule with any luxury item is that if I can't afford it in cash, I don't buy it. Considered financing a new motorcycle earlier this year and realized I have a damn nice one, paid off, sitting in the garage. Same with watches, even if it's 0% financing - If the funds aren't in my possession, I haven't earned it yet.

[NLYogi]

Originally Posted by SloRolexfan

I walked in with a bunch of 100's. Handed them to the man and got my Daytona. It was one of the proudest moments of my life outside of being a father and getting married.

Haha I did same with 50’s! Kept them in a lunch box for transport, apple on top, totally undercover. But it felt good to walk out with that brand new, still stickered watch!

The only time I walked the streets with so much money. Need to start saving for that DD36 I want otherwise it will be the last time I ever did :(

[asiparks]

Credit card for extra protection and points, pay it off the following month, unless it's 0%, then I'll make sure I pay it off before the end of the promotional period.

But again, I'll only be buying it if I have the cash equivalent sitting around.
I'll also occasionally sell a watch to raise funds as I'm trying to reduce the unworn watches languishing in the box...

[onlyonerolly]

I turn up to my office job every single day, bust my balls every single day and come payday squirrel away a few hundred £ per month. Eventually I'll have enough to purchase the Rolex I want. Good things do come to those who wait and it makes the inane nonsense I have to listen to on a daily basis a little less painful.

[Robbyman]

I got my first Sub on 0% but I had the money and ended up paying it off after a couple of months. All others cash.

[Manu74]

Don't finance your watch, just save a little every month and buy it when you can.

[Navarino]

Purchase on CC for the points (unless seller is making a cash deal worth it; this is not the case at my AD though) then pay off immediately.

[A-Wax]

Originally Posted by BigJoe

I put them on my credit card to get the points then pay it off on the next statement.

Likewise - there was no discount for paying in actual cash so thought I might as well get the Avios points and then immediately pay it off!

[DP63]

I save, and once I have the funds in the bank I go looking, I use my CC, get the points and pay the CC off with the money in the bank. I have a collection of 3 (2 Rolex 1 PAM) which will reduce to a single Rolex in 5 years or so, by then, I'll hopefully get my money back for the 2 that depart, or, if I'm really lucky, I'll make a little extra.

The plan for my PAM is to be traded within the next year ... I have not decided on which Rolex it will be traded for yet, and thats the fun part.

[Mephist]

I still have both student loan and mortgage, so I guess I finance my watches and anything else with debt. However I still consider myself in a good financial position. I got a pile of cash, only a tiny pile but still a pile. I invest this money and at the moment I also live on the return from these investments. However I will most likely go back to work again within the next 6-12 months if I finds something that looks fun. But as long as that pile is growing, I take a chunk from the pile and buys myself something nice every now and then.