Malaysia Watch Forum

Main Forums => General Discussion - Modern Watches => Topic started by: fireken on February 18, 2015, 06:03:59 AM

Title: Luxury Watch without Ownership
Post by: fireken on February 18, 2015, 06:03:59 AM
Hi guys

Found this interesting website on getting a luxury watch without ownership. Best part is owner can switch watch from time to time. :thumbsup:

https://www.elevenjames.com/

Do give your though on the business model.
Title: Re: Luxury Watch without Ownership
Post by: Narco on February 18, 2015, 07:57:13 AM
I personally think it can work (depending on the social acceptance level of course). I'm certain that there are strategies and insurance plans crafted to insure the watch in inevitable incidences or when watches are returned back to them with scratches, dings and dangs.

In this case and after looking at their fee, I also think the model evolves in the circle of highly.. I mean truly highly luxury watches.

It comes with concierge service (in NY only), so u can imagine how highly luxurious it can be. Circle of loaned luxury watches.