Why do people buy luxury watches?

[premiergin88]

Cheap watches do not a long time. You have to keep replacing them every few years. High end watches lasts generations. Ive given to my son my tag. My omega from 1998 still looks good. And of course the Rolex - timeless design.

[danielcf]

To improve the economic develpoment!!!
hahaha... just kidding..

some they really like the watch, some is for hobby, some is for other people see only (Chinese we call it can lose money, cannot lose face mah)!!

[2Dragon]

For me, a watch is a love affair. Its either you love watches or you don't.
And like with every hobby you are always wanting a nicer and complicated watch.

Its always nice to wear a luxury watch on your wrist.

[Steen]

Same reason as why people buy other luxury goods like designer clothes, cars and jewellery - if they appreciate well made products and have earned sufficient income to afford these items, purchasing them will give them a sense of accomplishment, reward and prestige.

[gather12345]

I started collecting luxury watches when I bought my first vintage manual wound rolex from my uncle

[ExplorerII]

Luxury watches for men are a form of jewellery. While women have earrings, necklaces, etc, men traditionally only wear watches (anything other form of bling jewellery on a man in my opinion looks off).  Having said that, i once read an article somewhere that 80% of the population can't tell at arms length if a watch is expensive or not.....and only a WIS could spot a luxury watch on the arm of another WIS! 

[yewjin]

Some people like buying cars while others like watches. It’s that kind of analogy.


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[kbng]

Have lot of money and need a “Status”?

[max1984]

I can think of only 2 reasons.

1. Hobby
2. Investment

[Jessicatrump77]

This is my first post here.

It boosts confidence wearing a luxury watch, that's my opinion. I do find that people do sometimes wear a watch that didn't compliment his personality. That's what brand ambassador is for, profile matching.

Just to show off