New Rolexes cost less than used ones, a chance to flip? #shorts #wealth #rolex #rolexwatches
Channel: go4money
Date: 2023-05-27

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Rolex is the world’s most popular luxury watch brand, yet it’s not involved in many of its own watch sales. Surprisingly, some used Rolex models cost more than the new ones.

WSJ’s fashion columnist Jacob Gallagher explains how factors like long waitlists and supply chain issues have caused the used watch market to explode in recent years, and how Rolex is trying to get in on the action with its own certified pre-owned watch program.

Is the clock ticking on the used watch market’s popularity?
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