The Rolex Submariner is, arguably, one of the most recognised luxury watches in the world. Since its introduction in 1953, the watch has signified reliability, longevity, and craftsmanship. The substantial case and attractive style make the Submariner adored not just by divers, but by horology enthusiasts or collectors alike. Although many people want to own a new Rolex Submariner, a pre-owned option offers many benefits. Nevertheless, assess the pros and cons to be sure of your purchase
Why Buy Pre-Owned?
Before we get into the pros and cons of a pre-owned Submariner, it is worth assessing why many collectors and watch enthusiasts consider the pre-owned market in the first place.
Availability and Market Value
Owning a Rolex Submariner is a true luxury, yet the journey to acquire one can be challenging. Due to its popularity, new models often come with long waiting lists. For those wanting a brand-new piece right away, the second-hand market is the ideal option—though typically at a premium over retail. That’s where pre-owned models offer unique value, allowing you to enjoy the style of a Rolex without the extended wait.
Access to Discontinued Models
Rolex has a long history of producing Submariner models with various features that are not included in the current ones. The pre-owned market allows you to access these older, vintage models such as the Submariner 5513.
With these factors in mind, consider the pros and cons of having a pre-owned Rolex Submariner as follows.
Benefits of Buying a Pre-Owned Rolex Submariner
1) Access and Availability
Choosing a pre-owned Rolex Submariner offers the chance to skip the often lengthy wait for a new model. Given the high demand, new Submariners can be difficult to obtain at retail and are sometimes only available at a premium on the second-hand market. With a pre-owned model, you can enjoy the legacy of a Rolex Submariner right away.
2) More Models To Choose From
Choosing previously owned watches opens up a broader selection of model availability of the Rolex Submariner. Discontinued models, like the Submariner 5513 or the Rolex Submariner Kermit (Ref. 16610LV) with green bezel, are sought by both collectors and watch buyers for a long time.
There is an attraction to the availability of extraordinary or vintage pre-owned watches, as collectors generally want to own a piece of horological history.
3) Ready to Wear
New Rolex Submariners are ones that are usually highly sought after, and it could take months or even years to receive your new watch, especially for some of the more desirable models like the Starbucks (Ref. 126610LV) or the no-date Submariner (Ref. 124060). While there’s something exciting about getting a brand-new watch, a major benefit of going for a pre-owned Rolex Submariner is that there’s no wait. You can find the model you want and start enjoying it right away, without the delays that often come with buying new.
4) Character and Overall History
Pre-owned watches often come with a unique story and character. Many collectors appreciate vintage or used watches because they show subtle signs of wear that add personality and charm. The patina, or slight aging, can make each watch truly one-of-a-kind, giving it a sense of history that new watches simply don’t have. For some, there’s something special about wearing a watch that’s already lived a life of its own.
Cons of Purchasing a Pre-Owned Rolex Submariner
In addition to some of the benefits of purchasing a pre-owned Rolex Submariner, there may be some drawbacks you need to be aware of at the same time.
May Not Have a Warranty
A new Rolex watch often comes with a warranty by the manufacturer, but that is different from pre-owned models, especially if they are vintage. If your watch needs repair, service, or both, you may be responsible for some or all of those costs.
While pre-owned Rolex watches from reputable dealers, of course, may not be covered under the Rolex warranty, it may be common that those dealers have their own warranties that accompany a pre-owned watch. Chronofinder offers a 12-month mechanical warranty on all watches, unless the original manufacturer's warranty surpasses this period. Some pre-owned watches may still carry the remaining balance of their original manufacturer’s warranty, ensuring extra peace of mind for buyers.
Condition/Wear
Not every pre-owned Rolex Submariner will be in perfect condition—especially vintage models that have seen years or even decades of wear. Some collectors appreciate the character that comes with minor marks, scratches, or the natural ageing that gives these watches a "lived-in" look, while others may prefer a watch in closer-to-new condition.
Tips for buying a pre-owned Rolex Submariner
Now that we have reviewed the pros and cons above, we can recommend some tips that will help you purchase intelligently.
Check for Authenticity
Ensure the seller is a trusted dealer. Look for a dealer that provides guarantees and uses experts to verify pre-owned watches, such as Chronofinder.
Review Seller Reputation
Purchase from a reputable online retailer with strong customer reviews, transparent return policies, and warranties. Retailers like Chronofinder provide detailed product descriptions and mechanical warranties on pre-owned Rolex watches.
Examine the Warranty
Always check if the watch comes with a remaining manufacturer’s warranty or an additional warranty from the retailer. Trusted platforms should offer a minimum 12-month warranty on mechanical issues.
Detailed Product Listings
Ensure the website provides high-quality images, detailed descriptions, and specifics about the model and condition of the watch.
Conclusion
Acquiring a previously owned Rolex Submariner is a superb method to take advantage of the history behind luxury watches. If you conduct proper diligence and research, you may find a quality example that may retain its value, or, even appreciate in value.
