Do Tag Heuer Watches Hold Their Value?
The bottom line with the question of whether Tag Heuer watches (usually abbreviated to ‘Tag’) hold their value or not is simply – you get what you pay for! If you buy a fake Tag or a cheap everyday watch then of course it won’t hold the value, keep its looks or even last as long. However, if you buy an authentic designer watch, whether it be Tag, Armani, Cartier, Gucci, Breitling, Rolex or Storm watches to name but a few, it should not depreciate to a great extent and if you keep it for 30 years or more it should actually increase in value.
Looking at Tag Heuer specifically, this is a Swiss company founded in 1860 who have built their reputation on the quality and accuracy of their time pieces. Tag are the choice of many sports men and women and have been associated with the Olympic Games and Formula One World Championships for example. For instance, Lewis Hamilton was wearing a Tag Heuer special Singapore limited edition of the new Carrera Cal.16 DD Chronograph when he breezed to victory in the 2009 Singapore Grand Prix in September 2009. Tag were also the official time keeper for the Indy 500 in 2004. Such achievements are not to be sneezed at and have led to Tag being recognized as a producer of iconic and precise timepieces!
The Tag Aqua range for example does not come in cheaply at around 800 pounds sterling plus, so they certainly have to be good. However, those that own them do appreciate their superiority and prestige. As the name suggests, Aqua are primarily diving watches and these are water resistant down to 300 meters.
Tag has designs suitable for both ladies and gents. There gents watches tend to make a bolder statement with strong, solid watch bands and in darker colors. Conversely, the ladies watches are more feminine and have lighter weight watch bands.
To return to the question, “do Tag Heuer watches hold their value?” Let’s just stray to Rolex here for an example. If a 1960s Rolex GMT Master was valued at around $5000 in 2008 and was originally purchased for around $225 – our suggestion is yes, high-end, good quality designer watches will stand the test of time (excuse the pun!).