For decades, Switzerland has been synonymous with luxury watches. But if you're considering making a Swiss watch purchase, the burning question might be, "are watches genuinely cheaper in Switzerland than elsewhere, especially the UK?"
In this article, we unravel this age-old myth and offer some pointers for potential buyers. Plus, discover how Equals Money can simplify your international payments.
Before diving into pricing, let’s appreciate the allure of the Swiss watch. Swiss watches are renowned for their craftsmanship, precision, and heritage. Brands like Rolex, Patek Philippe, and Omega have positioned Switzerland as the watchmaking capital of the world. However, does this reputation translate into better prices for the discerning buyer?
In truth, watches can be somewhat cheaper in Switzerland. But, the price difference isn't necessarily as vast as some might expect:
Buying directly from Switzerland ensures you're getting an authentic product, often with international warranties. This peace of mind can be invaluable.
Switzerland occasionally offers models that aren't readily available elsewhere. If you’re a collector, buying in Switzerland might be the only way to snag a rare piece.
For many, buying a watch in Switzerland isn’t just about price. It’s about the experience. Touring the watch's birthplace and maybe even the manufacturing unit offers a unique thrill.
The savings you might get from purchasing a watch in Switzerland can quickly erode if you don’t get a favourable exchange rate or if your bank charges exorbitant fees for international transactions.
This is where Equals Money comes in. When planning your Swiss watch purchase, consider using Equals Money’s international payments service:
While there are savings to be had buying a watch in Switzerland, they vary based on several factors. It's essential to consider all costs involved, including foreign exchange. By pairing your Swiss watch purchase with Equals Money's top-notch services, you can ensure your investment is sound both in terms of quality and financial sense.
*Equals Money can only offer forward contracts to facilitate payments for goods and services.
Sign up to our daily market reports to get the latest news and insights on worldwide currency movements straight to your inbox every morning.
Enter your email address below to subscribe.
