my personal thoughts is that it all boils down to brand positioning & exclusivity... tag heuer is mainly marketed towards the entry level to mass market consumers. resale value is all tied to how much the secondary market is willing to pay for a pre-owned piece, so the more ostentatious and exclusive a brand is marketed, the more people will desire the own the piece.
there are a few highly sought models in the monaco series though.
any brands besides Rolex tends to have a low resale value
not only Tag but also Omega , Breitling and etc
at least 30-40% of original price will lost after 1 year usage
any brands besides Rolex tends to have a low resale value
not only Tag but also Omega , Breitling and etc
at least 30-40% of original price will lost after 1 year usage
It's amazing that Rolex produces the highest number of watches every year but can still hold their value well without exclusivity. It all voices down to marketing strategy and brand positioning as mentioned above as they know how to reach out to large mass without degrading their brand prestige. However demand can change and I believe brands like Breitling and Omega will still rise in value in time to come since they also produce in house movements now and also looking at increasing their production. Even without demand they will still rise with inflation which in turn boosts resale. However that will be a long time from now if u are looking at breaking even. For now the only brand that can surpass Rolex in resale is Patek Phillippe.
The reason behind Tag Heuer's low resale is their brand positioning again as mentioned above. U can find Tag Heuer in shops like Vincent Watch but also higher end ADs like Sincere Watches. So they are the higher end in the former and lower end in the latter, therefore referred to as a "Transition Level", for people who wants to own a luxury watch but restricted to a limited budget. They do have higher end pieces but shuns buyers who are sourcing for prestigious watches as they produce mostly lower end pieces that affects the prestige of the brand. They also mostly use lower grade materials for most of their watches to save cost in order to make them more affordable. Lack of in house movement and mostly trend following styling also affects their value. That makes Rolex superior where this is concerned as they reach out to the mass without compromising on the costing. "Spend a little more and enjoy the prestige" is their strategy. A very good example of such strategy is Chanel Bags... Ladies will know...
Not so much to do with fast intro of new models
More likely because it is a brand targeted at low tier market hence not a popular choice among watch collectors who generally prefer high tier like rolex panerai AP, etc, which tend to have better resale value
This has something to do with brand history, classic design, market positioning, branding and prestige
Does it mean that a 1yr old tag is the best value? If one could get it at 30-40% off new, and not expect to lose more than, say 10%, in the next few years?
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