Cartier Watch Financing
Finance the purchase of your next Cartier Santos, Pasha de Cartier, Cartier Tank, Panthere, or Ballon de Cartier. For more information, read here and in the watch financing section, as well as in our blog.
Financing process
Pay for your next Cartier watch in 12 to 60 months up to a purchase price of CHF 250,000. No down payment is required. You can conveniently make the monthly payments with your regular income. At the same time, you protect yourself against (retail) price inflation, as you fix the purchase price today. In the past, luxury brands usually increased the retail prices of watches once or twice a year.
Yourasset acts as the payment enabler, while customers pay fixed monthly installments to our banking partner.
Customers enter their information securely via the Yourasset platform and create their personal login account to track the entire transaction from start to finish until they receive their new watch.
You can find more information on watch financing here.
Financing a Luxury Watch. A good idea?
It certainly depends on the customers situation but in general we say Yes, it is.
The option to finance a luxury watch or luxury product presents an additional payment method that is not widely available today.
Financing your watch allows the customer to align the purchase with their regular monthly income. If a car can be financed, why not a watch too?
Overall, a car most likely depreciates more in value over time and has higher maintenance costs. A luxury watch is a more sustainable and circular asset. Therefore, we support and enable this additional payment option with a fully regulated approach.
Customers now have the choice to pay their next watch monthly.
About Cartier
A reference in the world of luxury, Cartier, whose name is synonymous with open-mindedness and curiosity, stands out with its creations and finds beauty wherever it may lie. Santos de Cartier and Tank watches, Trinity ring, Love and Juste un Clou bracelets, Panthère de Cartier and Ballon Bleu designs are all born from a unique vision and a singular style. The Maison has several areas of expression. From jewelry to high jewelry, from watchmaking to fragrances and leather goods and accessories, Cartier's creations symbolize the convergence between exceptional craftsmanship and a timeless signature.
Finance your next Cartier
Explore Cartier watches offered directly by our verified partners and add the perfect watch to your collection or start one today.
Explore Cartier watchesInterest costs are tax deductible
Did you know that you can deduct the interest costs from your taxable income when you finance your watch?
Every customer in Switzerland benefits from this tax deduction. The higher your marginal tax rate is, the more you benefit.
For example, an interest rate of 7.9% is reduced to 5.3% if your marginal tax rate is 33%. You only pay interest on the outstanding financing amount.
For a Cartier worth CHF 10,000, as shown in the chart on the right or below, the total net interest costs over four years amount to approximately CHF 1,095 – that is CHF 274 per year or approximately CHF 23 per month in this example.
Yourasset offers regulated and transparent financing solutions that provide real benefits to customers.
Price Inflation and the Cost of Financing
As with car financing, the customer pays interest. As the customer purchases the watch today the price is locked-in and the customers is protected from (retail) price increases which occurred 1-2 times annually over the past. In the end, based on the choices made, it could even be possible that price increases are higher than the effective interest cost.
In the chart, we can compare price inflation with the payments for a watch costing CHF 10'000, financed over 48 months. The effective annual cost for 7.9% financing is less than 3%.
The blue bar shows the (retail) price of the watch and the price development with an inflation rate of 5%. The dark green bar shows the total amount paid per year for the watch, including interest costs. The light green bar shows the total amount with financing, after deducting interest costs from income tax.
Read more about this topic in our Yourasset Blog Section
