Watchfinder & Co. is claiming an industry first for a pre-owned watch specialist by offering interest free finance for any purchase over £5,000.
If repayments are spread over six or 12 months, the finance is interest free, while there will be interest charged for spreading the cost over 36 to 48 months.
A 25% deposit is required.
Financing will make watches from over 70 brands that have inventory listed with Watchfinder affordable to a far wider customer base.
For example, a £7,850 Rolex Explorer II 16570 “Polar Dial” could be yours for for less than £246 per month and a deposit of £1,962.50.
A Rolex Sky-Dweller 326934 listed with Watchfinder would require 24 monthly payments of under £500 after a 25% deposit.
Or how about a £28,950 Audemars Piguet Royal Oak 15300OR in rose gold? With a deposit of £7,237.50, this watch is available for £904.69 a month, interest free.
Even a Patek Philippe 5205G Complication in white gold, listed for £33,900 with Watchfinder, can be financed.
Pay a 25% deposit and the watch can be yours for just over £1,000 per month.