Rolex Watch Financing

Pay for your next Rolex in 12 to 60 months up to a purchase price of CHF 250'000. You make the monthly payments from your regular income. At the same time, you protect yourself against (retail) price inflation by fixing the purchase price today. In the past, luxury brands have increased the retail prices of watches once or twice a year. Gold models in particular have recently become significantly more expensive due to the rising price of gold.

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.

For more information on financing a Rolex, please also read our Blog post

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.

The 0% financing payment option has become increasingly popular in recent years. Sometimes it is even offered for pre-owned Rolex watches. Be careful with such offers. At first glance, it may seem like a good deal, but the additional costs are hidden in the inflated purchase price.

We describe 0% financing in more detail in our blog article and recommend that customers read it in advance.

The actual cost of 0% financing is around 15-20% and can even be higher, depending on whether the dealer offering the Rolex owns the watch or is acting as an intermediary. As you can see in the image, the cost of 0% financing is added to the fair market price of the watch.

In the end, you pay a higher price for the watch.

In this example, the purchase price for the Rolex Submariner with 0% financing is CHF 14'500, but without financing it is only CHF 11'000. Even with a transparent regulated financing solution the total cost including interest expenses is lower.

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 an Rolex watch worth CHF 20,000, as shown in the chart on the right or below, the total net interest costs over four years amount to approximately CHF 2,190 – that is CHF 548 per year or approximately CHF 46 per month in this example.

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 CHF20,000, 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