Cheapest Used Rolex Watches

By Patrick Fassler â€¢  Updated: 08/05/22 â€¢  5 min read

Different models of used Rolex watches will drop in price by varying amounts. While most modern models increase in value by around 100-150% within the first few years, the following are the ones we’ve found to be the most affordable (on average) when you search for the cheapest used Rolex watches.

Watches brands such as Rolex are often resold as newer models come out, and there are many ways to obtain a Rolex watch without paying an arm in a leg.

The after-market of Rolex watches is excellent, but it can be intimidating for first-time buyers. This guide will help you find the cheapest used Rolex watches so you can purchase the watch you want without breaking the bank.

Rolex Datejust 31

eBay Price Range: $4,200+

Rolex Datejust 31 Cheapest Used Rolex for Men

On its own, the Rolex Datejust is an entry-level Rolex model. When looking for the cheapest model sold new, the Datejust is usually at the top of search results. Naturally, this means it is one of the most affordable used Rolex models when being resold.

This model of Rolex is fantastic for most collections as it provides a lot of versatility and is a solid stainless steel material. This watch is an excellent choice for those looking to buy their 1st luxury watch.

The Datejust is smaller than most other Rolex men’s watches. This is good if you have small wrists, although those with larger hands may want to consider another model.

You can find a Datejust on resale websites such as eBay going for much lower prices than a new watch. Keep your eyes peeled for bidding wars and other deals for the potential to save almost 50% on this model when buying used.

Rolex Air-King

eBay Price Range: $2,900+

Rolex Air-King Used Listings

Unlike the Datejust, the Rolex Air-King thrives in its obscurity. By being a lesser-known model, this Rolex watch maintains a lower price upon resale because it is not as soft after (unfortunately).

While the Rolex Air-King may not be as popular of a model, this certainly does not reflect in its quality. This Rolex provides a more youthful design compared to the other models. This aviation watch is unique to the Rolex lineup because of its modern and sleek design.

With some luck, many buyers can find this watch for a third of the price of a new Rolex Air-King.

Rolex GMT Master II

eBay Price Range: $10,000+

Rolex GMT-Master II Pre-Owned Listings

If you know anything about Rolex watches, then you’ll know that the Rolex GMT Master II is one of the more expensive models on this list. While this model is a bit more costly and may bring a bit more out of pocket, it has been shown to have some advantages.

We included the Rolex GMT Master II because it retains value, even over a long period of time. Investing in a used one not only gives you a great watch now, but you can likely resell this watch for a similar or higher value in the future. 

While watches are not typically recommended to be used as investment pieces, this method may work well for a GMT Master II, especially models like a Hulk, Sprite, or Kermit.

On top of remaining valuable, this model provides solid features such as a 70h Power reserve and a 100m water resistance. 

Rolex Oyster Perpetual 36mm

eBay Price Range: $10,000+

Oyster Perpetual 36mm Pre-Owned Listings

Last but not least, you have the Rolex Oyster Perpetual. This watch is arguably the cheapest Rolex on the lineup. 

This low price point means that when buying this watch, it is seldom as expensive as another Rolex watch sold new.

This iconic watch is infamous for being considered the starter Rolex watch for men. This model lacks longevity in its design and features, but for those just looking for a watch, it will undoubtedly do the job and then some.

While a newly purchased Rolex Oyster may take almost a year on a waitlist, buying the watch new means that you can receive it overnight. This is nice because even the lower-end model like the Rolex Oyster is high in demand. 

Purchasing a used Rolex Oyster will not only save you money, but it will also save you a lot of time. What more could you ask for from a watch?

Buying Used Rolex Watches

Overall, There are a lot of fantastic types of Rolex watches. Buying one of these watches is a great way to save money while maintaining the prestige and efficient timekeeping. Watches are not only a great item for yourself but make for great, universal gifts.

These different models provide different advantages at various price points per consumer. When looking into these models, comparing what each is sold for across other websites is good. 

Resale websites such as eBay, Bob’s Watches, and Crown & Caliber are great places to start and compare the cheapest used Rolex watches. Consumers should also consider bidding for their watch, as they may potentially snag a deal otherwise not listed.

Hopefully, this article has led you to a Rolex model that fits your needs, as watches are a great product many people deserve.

Patrick Fassler

🚗 Unhealthy Car Obsession ⏱ Semi-Healthy Watch Obsession 📌 Daytona Beach, FL

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