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Pre-Owned Watch Market Booms Amidst Trump Tariffs & Rising Luxury Prices

Luxury Watch Prices Soaring? The Pre-Owned Market Thrives. While new luxury watch prices increase due to tariffs and rising gold costs, the pre-owned market is booming. One major reseller reports a 20% sales jump, offering a wide selection of discontinued luxury watches at competitive prices, unaffected by import tariffs. Discover a diverse inventory of coveted brands and excellent value in the pre-owned luxury watch market

Bob's Watches, a leading pre-owned luxury watch marketplace, saw a 20% sales surge from March to May, according to Business Insider. This growth contrasts with rising prices in the new luxury watch market, driven by tariffs and increased gold costs. Bob's Watches, specializing in discontinued models from top brands, benefits from a robust US-based supply chain, avoiding price hikes due to tariffs

Rolex Price Hike: Luxury Watch Prices Soar Amid Tariffs and Gold Costs. The iconic Swiss watchmaker is increasing prices due to rising tariffs and the increasing cost of gold, creating a surge in demand for pre-owned luxury watches

Discover a curated collection of pre-owned luxury watches at Bob's Watches. We offer a wide selection of discontinued models from top collector brands, primarily sourced from US sellers. Unlike many retailers facing tariff-driven price hikes, Bob's Watches maintains stable pricing and ample inventory, ensuring exceptional value on your next luxury timepiece

Bob's Watches: A Pre-Owned Luxury Watch Paradise. With a vast selection of discontinued luxury watch models from top brands, we're like a candy store for collectors. Unlike new watch retailers facing price hikes due to tariffs, our US-based inventory ensures a stable supply and competitive pricing. Discover your dream watch today!

Swiss watchmakers face a 31% US import tariff, impacting luxury watch prices. This surge in tariffs, paused until July, has led to a 149.2% year-over-year increase in Swiss watch exports to the US in April. However, the pre-owned luxury watch market, largely unaffected, is thriving

Swiss Watch Exports Surge 149.2% to US Amidst Tariff Uncertainty: Ahead of potential July tariffs on Swiss-made watches, brands are flooding the US market. This massive increase in April exports reflects a strategic move to preempt the impact of the 31% tariff. The pre-owned luxury watch market, however, remains unaffected, offering consumers an alternative to rising retail prices

Bob's Watches, a leading marketplace for pre-owned luxury watches, sees booming sales—a 20% increase from March to May—amid rising retail prices. While new watch prices climb due to tariffs and increased gold costs, Bob's, sourcing primarily from US sellers, maintains ample inventory of discontinued models. However, Chief Commercial Officer Douglas Kaplan notes potential price negotiation adjustments if sellers demand higher payouts reflecting inflated new watch prices. This highlights the unique dynamics of the pre-owned luxury watch market in response to import tariffs

Bob's Watches primarily sources pre-owned luxury watches from US sellers, ensuring a robust inventory and stable pricing despite international market fluctuations. While the company ships globally, international sales represent a small portion of its business, with a $150 shipping fee applied to all orders outside the US

With 27 years in the Swiss watch industry and 6 years at Bob's Watches, Chief Commercial Officer Douglas Kaplan offers expert insight into the booming pre-owned luxury watch market. His experience spans renowned brands like Movado, Fendi, and the Swatch Group, providing a unique perspective on current market trends

Younger buyers are fueling the growth of the pre-owned luxury watch market. Unlike department store watches ($300-$500), they see luxury timepieces as appreciating assets, driving demand for brands like Rolex. This trend contributes to the success of marketplaces like Bob's Watches, offering a curated selection of discontinued luxury watch models at competitive prices

Bob's Watches sees surging sales as luxury watch prices rise. With educated consumers seeking value, the pre-owned luxury watch market thrives amidst increasing retail prices and tariffs. Our diverse inventory of discontinued luxury watch models ensures ample supply and competitive pricing, unlike brands facing tariff-related price hikes

Source: Original Article

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