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Tag: used rolex finance

A Comprehensive Guide To ‘Rolex Finance’

May 4th, 2022

Owning a Rolex is a dream for many. But it doesn’t necessarily have to work that way forever. Whether you are a first-time buyer or a collector, saving up to buy your dream Rolex, we understand that it involves a lot of time and effort. Unfortunately, many people do not know that they can easily skip to the good part by taking quick Rolex finance.

rolex finance

Yes! It is very prevalent in the UK, where you can take Rolex watch finance from a reputable source to fulfil your long-standing dream! To everyone who thinks it is a complex and head-scratching process, buying Rolex on finance is much easier than financing a car. All you need is some knowledge and the right place to get it from.

Hence, we have decided to address the questions that can possibly come to one’s mind when they look for ‘Can I buy Rolex on finance?’

Let’s start with the basic question.

Why must you consider buying a Rolex on Finance?

For most of us, buying a luxury watch, especially Rolex, is a big deal as it can often involve huge expenditures. The decision making process is indeed confusing and, honestly, a bit of a headache. Especially when you have to spend a lump sum amount in one go. So, should you use your saving or credit card or leave it for the next time?

We can help you take an easy decision by stating the best option in this scenario. Why not take Rolex watch finance online?

4 solid reasons to do so are:

1. NO Wait

You can get your hands on a brand new Rolex immediately by buying it on finance, as it allows you to spread the payments over a longer period evenly. This way, you can easily keep track and manage the payments at your own pace. So, even if you haven’t saved up for it, you can still own your dream Rolex!

2. Watch Inflation

Certain Rolex models like the Submariner, GMT-Master, Daytona, and Sea-Dweller will increase in value in the next couple of years. So, if you plan to take Rolex Submariner Finance today, the watch’s price will be worth more when you finish paying for it. So it’s a win-win for you.

3. Keep the Cash

We do not want to spend all the cash at once most of the time. Buying a Rolex on finance will allow you to retain most of the sum while paying off the required balance monthly.

4. A Better Watch

You have saved up for a particular Rolex, but maybe you want something better. Why not use the saved amount to make an initial deposit and take finance for the additional amount you have to pay for that perfect watch?

How to buy a Rolex on Finance?

If you look online, ‘where can you buy a Rolex for finance?’ Google will expose you to thousands of options. But what is most important is to find a trustworthy source that will make the process quick, safe, and convenient.

With over 40 years of combined experience in the watch industry, we at The Luxury Hut understand that buying a pre-owned Rolex is an achievement in itself. We are delighted to host one of the largest selections of Rolex watches, including both men and women, to let you pick your desirable timepiece. We offer used Rolex finance via Novuna Personal Finance, whether vintage or contemporary. Each of our exquisite pre-owned Rolex timepieces comes with The Luxury Hut’s Certificate Of Authenticity.

Novuna is a leading financial service provider whose parent company, Mitsubishi HC Capital UK PLC, is one of the world’s largest financial groups. They offer truly unique and feasible propositions that allow the customers to avail of the finance satisfactorily.

Who is eligible to apply for finance?

Customers, who want to apply for the finance, must meet the following criteria:

  • Age over 18+ years
  • Works for at least 16 hours a week or is retired with an income
  • Must be a resident of the UK or have lived in the UK for the past 12 months or more
  • Homemakers can avail the of finance by stating the employment details of their partners/ spouse

What is the interest fee to take Rolex Finance with The Luxury Hut?

We offer our customers the option to buy any pre-owned Rolex watch with 9.9% APR finance for over 60 months. This will let you distribute the cost of your purchase in a hassle-free way.

You can also take finance for 12, 24, 36, 48, and 60 months at your convenience. Generally speaking, the longer the term, the lower the initial deposit.

All you need to do is:

  • Spend a minimum of £280 & above
  • Pay a minimum 10% deposit
  • The minimum finance amount after the deposit is £250 & above

How to apply for finance?

You can apply for finance in three main ways:

  • Book an appointment & visit us in store
  • Via Email or Call
  • Through our website (Select the ‘Finance’ option on checkout)

The finance option is available on all Rolex watches. You can initiate the process in 5 simple steps:

  • Choose your desired Rolex model and Click ‘Add To Basket.’
  • Select the ‘Calculate Finance’ option
  • Choose your Deposit (10%, 20%, etc.)
  • Proceed to checkout & fill in the billing details
  • Place the order

What are the benefits of pre-owned Rolex finance from The Luxury Hut?

At The Luxury Hut, the satisfaction and convenience of our valuable clients are paramount, and we aim to help them obtain their dream Rolex watch with minimal or zero fuss. Over the years, we have helped clients own their favourite timepiece while nurturing a strong reputation for our service quality.

Top Reasons To Choose Us

  • 0% APR Representative Interest Free Finance
  • No arrangement/ hidden fees
  • Next day UK delivery via Royal Mail Insured
  • The monthly repayment will start one month after you receive your purchase
  • Credit is authorised & regulated by the Financial Conduct Authority

Other Important Questions

1. What happens when your online finance application is approved?

When you apply online for the finance, you will receive 2 options:

  • E-sign

You will get a PDF of the agreement. Read carefully before agreeing the relevant term sections. Once you agree to the terms of the finance agreement, The Luxury Hut officials will receive a notification on the same. That’s all!

  • Print and return the finance agreement

If you choose to print and return the agreement, that’s fine. You have to print it and read the terms carefully before signing the document (read the instructions on the cover letter). Post the signed agreement to the address written on the finance agreement’s covering letter.

Note: We will not allocate the products related to your order until the signed agreement is returned and received by Novuna Personal Finance. The shipment process will start immediately after you do the needful.

2. Is there any Credit Score?

Yes, your credit score applies to your application for online finance. It is the technique employed by financial services companies to determine the credit risk of a new customer. The process works by awarding points for each answer given on the application form (income, age, occupation) and also the reference obtained from other agencies.

This ensures that all applicants receive fair treatment.

3. Can the application be declined? If yes, why?

Novuna considers the following details, which might cancel your finance application if you fail to meet. It can be either one or a combination of the following factors:

  • Credit Score
  • Identity details
  • If you’re over-committed
  • Age under 18
  • Contrary information from a credit agency
  • Existing account performance

4. Can you re-apply for Finance?

Yes! Just because your application got rejected the first time, it doesn’t mean that you cannot place another request. However, we suggest keeping a gap of about 6 months before your next application.

FINAL WORDS

Getting Rolex finance in the UK couldn’t be easier. When you purchase your watch from The Luxury Hut, the entire process is simple. We offer 0% APR Representative Finance over 6 months on Rolex watches to help you spread the cost of your purchase. You can apply online or call us on 0207 242 9160 for further details.

Alternatively, please book an appointment at our Hatton Garden office to find the details in person.

Related: Pick the Luxury Hut Pawnbrokers London to Pawn Your Valuable Assets

© 2022 The Luxury Hut is a trading name of Golden Cash Limited. Authorised and regulated by The Financial Conduct Authority for pawnbroking. Registered in England as Golden Cash Limited. Registered Number is 07309335. Registered office address: Treviot House, 186-192 High Road, IIford, Essex, IG1 1LR.

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