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Old 7 June 2020, 03:31 AM   #61
socialpro
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No - it defeats the entire idea of luxury watch ownership and collecting to me. I view a lot of it as rewarding yourself at the end of a destination/road or celebrating a milestone.

Very hard to 'bond' to something that is not yours.

And very tough to make sense of it financially esp for watches that relatively do not depreciate.
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Old 7 June 2020, 03:42 AM   #62
utc66
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I would rent a watch to wear it for a bit in order to decide if I want to purchase it and add to the permanent collection. Trying on for only a couple mins at the AD may not always be ideal. A lot of members here have been asking for a way to try on models that may not be readily available at their local AD.
Yes I would rent for a weekend to do just this!
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Old 7 June 2020, 03:48 AM   #63
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No, I would never rent a Rolex.
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Old 7 June 2020, 03:48 AM   #64
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No thank you.
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Old 7 June 2020, 04:37 AM   #65
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If it was cheap I would rent a watch before buying one.

Like a Speedmaster for example.

I like them but the size worries me.

So if I could wear one for a week, for $200 to test it out, I would


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This would have saved me a boatload over the years on several purchases that I ended up flipping after a few months (Panerai looking at you). Would absolutely pay a rental fee for a week/month on a few models I wasn’t sure about before pulling the trigger.

But I suspect this is all about social media and someone getting that pic with a RM or Daytona on their feed. Ugh.
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Old 7 June 2020, 04:47 AM   #66
Blueline226
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Quote:
Originally Posted by jltait View Post
i would rent a watch to wear it for a bit in order to decide if i want to purchase it and add to the permanent collection. Trying on for only a couple mins at the ad may not always be ideal. A lot of members here have been asking for a way to try on models that may not be readily available at their local ad.
+1
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Old 7 June 2020, 04:48 AM   #67
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Old 7 June 2020, 05:44 AM   #68
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Old 7 June 2020, 07:31 AM   #69
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This would have saved me a boatload over the years on several purchases that I ended up flipping after a few months (Panerai looking at you). Would absolutely pay a rental fee for a week/month on a few models I wasn’t sure about before pulling the trigger.

But I suspect this is all about social media and someone getting that pic with a RM or Daytona on their feed. Ugh.
I have no interest in impressing anyone with what I wear on my wrist. OTOH, as a WIS on a budget, I might gladly rent something I was interested in to see if it’s going to be a permanent acquisition. See thread on Daytona not measuring up to expectations for some. That watch can be sold with no significant loss. Other references, not so much.

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Old 7 June 2020, 07:51 AM   #70
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While this is not something that I would necessarily do myself, I am surprised by the strong negative reaction to renting watches. How is this different from leasing a car? I willing to bet that most of the people of TRF posting pictures of their watches next to Porsche, BMW and Audi steering wheels don’t actually own those cars.
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Old 7 June 2020, 08:41 AM   #71
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Of course not, doth protest the self-appointed elite intelligentsia. It might hurt resale value and exclusivity, sayeth thee.
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Old 7 June 2020, 09:18 AM   #72
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Definitely not.
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Old 7 June 2020, 09:26 AM   #73
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Nope
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Old 7 June 2020, 09:48 AM   #74
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once I pay off my couch I will rent a sub.
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Old 7 June 2020, 10:17 AM   #75
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once I pay off my couch I will rent a sub.

LOL! Best post of this thread


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Old 7 June 2020, 10:28 AM   #76
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Dumb idea. Would you rent a wedding ring?
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Old 7 June 2020, 11:18 AM   #77
socalwatchcollector
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I would rather die

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Old 7 June 2020, 11:30 AM   #78
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No for me
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Old 8 June 2020, 01:15 PM   #79
shaunylw
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once I pay off my couch I will rent a sub.

Lol i love it.


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Old 8 June 2020, 01:20 PM   #80
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never
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Old 8 June 2020, 01:38 PM   #81
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nope
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Old 8 June 2020, 02:35 PM   #82
SeaAndSky
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I’m not impressed by other’s material things and don’t seek to impress others with mine. I don’t see the point in renting a Rolex to wear.
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Old 8 June 2020, 02:59 PM   #83
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I would hate to know what they charge you if you ended up losing your rented watch somehow. Highly doubt it would be anywhere remotely close to retail.

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Old 8 June 2020, 03:02 PM   #84
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Plenty of “wankstas” out there as 50 Cent would say lol
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Old 8 June 2020, 03:27 PM   #85
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I would rather die
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I agree.
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rather go naked! (on my wrist)
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Pix please.

Not you Martin, just Bas and a Chris.
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Old 8 June 2020, 03:29 PM   #86
Gerardus
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Capitalism at its best

Oh wait... I shouldn’t complain.
-> THIS <-
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Old 8 June 2020, 04:45 PM   #87
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The ONLY ppl that would rent a Rolex is purely for marketing/showing off purposes.

I could see this business taking off for sure. 1000s of ppl renting the watch, making some clips for instagram flex/tiktok Flex with the caption "I'm ballin out of control - just dropped $50k on watches instead of a house deposit"

Click click click - 1000s likes and return the watch the next day. HAHAHHA
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Old 8 June 2020, 09:11 PM   #88
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Old 8 June 2020, 10:58 PM   #89
Roy7
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The ONLY ppl that would rent a Rolex is purely for marketing/showing off purposes.

I could see this business taking off for sure. 1000s of ppl renting the watch, making some clips for instagram flex/tiktok Flex with the caption "I'm ballin out of control - just dropped $50k on watches instead of a house deposit"

Click click click - 1000s likes and return the watch the next day. HAHAHHA


Yeah I agree. I think there's enough of a market with the young crowd for some of these to be profitable companies.

Elevenjames was one of them that went out of business a while back.

From a business model standpoint if they get watches at retail, rent then out for a period of time, then sell at a markup a year later 'slightly used' they're winning.

Plus they'd buy enough volume from ADs to get priority for hard to get serials because they'd constantly buy.


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Old 8 June 2020, 10:59 PM   #90
Roy7
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While this is not something that I would necessarily do myself, I am surprised by the strong negative reaction to renting watches. How is this different from leasing a car? I willing to bet that most of the people of TRF posting pictures of their watches next to Porsche, BMW and Audi steering wheels don’t actually own those cars.


Yeah I don't think it's any different.

Innovative purchasing models for any appreciating assets will likely enter most markets at some point.




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