Would you rent a Rolex?

[904VT]

If you need to rent, then imo there are better uses for your funds than a lux watch

[iliketime]

no

[sechsgang]

this is a great concept for certain watches when you're curious about size or comfort, tbh...

[Piguette]

Not sure

[Sgooter]

"Yes sir, we have a fine collection of pristine pre-rented pieces along with a flexible array of payday payment plans."

[RobotDoctor]

No

[doubleinfive]

Sure! Why not. People lease cars, rent apartments, hire escorts, so forth and so on...

[csaltphoto]

I can see it being a good option for people who have decided to reward themselves with a nice watch but are unsure of what they might enjoy on a day to day basis.

[dtwer]

With the quality of the replica these days I am not sure how the rental business wouldn't be a lucrative business.

What is to stop the businesses from buying a bunch of replicas and rent them out at the price of the real deal? Are the renters going to take the rental watch to the RSC to have it authenticated? Of course not.

[Rolexflex]

Originally Posted by dtwer

With the quality of the replica these days I am not sure how the rental business wouldn't be a lucrative business.



What is to stop the businesses from buying a bunch of replicas and rent them out at the price of the real deal? Are the renters going to take the rental watch to the RSC to have it authenticated? Of course not.

This is actually a pretty good point. If your into fake flexing for a few days, hell why not go all the way and use a rep instead.

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[csaltphoto]

Originally Posted by dtwer

With the quality of the replica these days I am not sure how the rental business wouldn't be a lucrative business.

What is to stop the businesses from buying a bunch of replicas and rent them out at the price of the real deal? Are the renters going to take the rental watch to the RSC to have it authenticated? Of course not.

Jeez, now THAT is a business model!

Or just be straight up and say you are renting reps. Good reps are still pretty pricy (~ $500 and up). But who the heck wants to commit to owning one of the things? It would give people the chance to handle decent copies of expensive watches and see if they liked them. Kind of like the dead cell phones at phone stores.

[JamyMC]

Absolutely no.

[doubleinfive]

Originally Posted by dtwer

With the quality of the replica these days I am not sure how the rental business wouldn't be a lucrative business.

What is to stop the businesses from buying a bunch of replicas and rent them out at the price of the real deal? Are the renters going to take the rental watch to the RSC to have it authenticated? Of course not.

Let's say the person did end up with a replica, I'm sure he would feel much better that it was only a rental and not a purchase.

[Mr Biggles]

Originally Posted by Roy7

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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Pretty much this
Although I wonder about scratches and condition of the watch

[dtwer]

Originally Posted by csaltphoto

Jeez, now THAT is a business model!

Or just be straight up and say you are renting reps. Good reps are still pretty pricy (~ $500 and up). But who the heck wants to commit to owning one of the things? It would give people the chance to handle decent copies of expensive watches and see if they liked them. Kind of like the dead cell phones at phone stores.

Indeed. That's why I don't believe the Rolex renting business (the ones that rent the real deal) would ever go anywhere.

Also, if I were silly enough to open a business to rent real Rolexes, how am I supposed to guard myself against the potential risk of sending out a genuine Rolex to the renter and receiving back a replica? Do I open the case to assure the movement or anything internal is intact every time it comes back from the renters? It would be a logistic nightmare.

Now, the replicas Rolex renting business, that would be a potential.

[rolexguy212]

I actually like the idea, here is the reason why. Folks who want to wear for a few months "daily watch" usually end up buying from Grey dealers and then lose money when it comes to resell. So someone who wants to keep rotating and does not really want to buy, will like it. You will take a hit obviously, but its an option folks have.

[kieselguhr]

Originally Posted by 904VT

If you need to rent, then imo there are better uses for your funds than a lux watch

Yep agreed

[Fng123]

Seems a little risky haha, going to have to pass. Maybe for a special occasion getting something nice could be fun though

[NYG1121]

I brought this up a while back and got some flack. I can see this being a huge hit if executed properly.

Going out for a big weekend in Vegas? Let me add a patek complications piece along with the lambo I am going to rent for the weekend.

Then I go back to my normal life and realize how foolish this was. Never again! Until next time...

[173rdabn]

Hell no.

[Gbucciarelli]

Nah I’m good bro


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[Xenon]

Originally Posted by 904VT

If you need to rent, then imo there are better uses for your funds than a lux watch

'

That is an absolutely absurd analogy.

I'll play along too:

If you have less than $1,000,000 in liquid assets, then then imo there are better uses for your funds than a lux watch.

See how that works?

[904VT]

Originally Posted by Xenon

'

That is an absolutely absurd analogy.

I'll play along too:

If you have less than $1,000,000 in liquid assets, then then imo there are better uses for your funds than a lux watch.

See how that works?

Not really. Why would you possibly rent an asset that generally holds value. All your rent payments are sunk costs. If it's depreciating you rent or lease, if it holds value or appreciates you purchase. So perhaps it could make sense to lease a PM financially, but you would just be throwing your money away with no asset in the end. Just my opinion but you buy or put the capital to work elsewhere, or you're giving money away. A BMW probably worthwhile leasing, a Rolex or Patek not so much. An Omega worthwhile leasing. See how that works?

[Overwound]

If I was interested in a particular model and none were available to try on I could see renting one for a week. It's common for enthusiasts and working pros to rent camera lenses worth more than some of these watches so I don't see much issue.

Spending a couple of hundred dollars is better than potential headaches of buying and then selling/trading if you discover the watch doesn't live up to personal expectations.

[AK797]

I suppose I could see it being useful nowadays if you want an AD unobtainable hot model like the D500, and maybe it can serve as a place-filler but it also might make the wait even more unbearable, esp if you think the watch might never come as the rental costs start to become prohibitive.