Luminated Luxury has expanded its trade-in service as falling prices in the pre-owned luxury watch market present new opportunities for collectors seeking to upgrade.
-- The ongoing correction in the pre-owned luxury watch market has prompted Luminated Luxury to enhance its trade-in program, positioning collectors to capitalize on declining prices among top-tier timepieces.
Additional details are available at https://luminatedluxury.com/trade-in
According to industry analysts, the global pre-owned luxury watch market is projected to grow from $24.38 billion to $45 billion by 2030, driven by a compound annual growth rate of 9.2%. Buyers under the age of 40 now account for 60 percent of demand in this segment, reflecting a shift toward digital platforms and dynamic collection habits.
Luminated Luxury offers market-value quotes for watches from brands such as Rolex, Omega, Breitling, Audemars Piguet, Jaeger-LeCoultre, Hublot, and Cartier. With Rolex prices falling by 5% and Audemars Piguet dropping 7.5% in 2024, the current environment favors strategic upgrades by experienced and emerging collectors alike.
The program addresses these preferences by providing competitive trade-in values, prompt payment processing, and expert assessments. Each timepiece is authenticated and appraised by certified specialists prior to a final quote.
"The current market correction creates an optimal window for collectors to upgrade their timepieces," a company spokesperson said. "Our trade-in service enables clients to exchange watches for newer models at reduced effective prices, often with greater returns than independent resales."
This latest enhancement aligns with broader trends in collector behavior, particularly among younger consumers who seek variety and value in a rapidly evolving market. The program also supports liquidity for buyers aiming to enter or rotate within the high-end segment while prices remain favorable.
About Luminated Luxury
Founded in 2020, Luminated Luxury operates as a global online marketplace for authenticated pre-owned timepieces. The platform offers comprehensive inspection and verification services, with transactions supported by secure payment options including major credit cards, wire transfers, and select cryptocurrencies. Financing is available through partnered programs for qualified buyers.
For more information about the trade-in program, visit https://luminatedluxury.com/trade-in
Contact Info:
Name: Jayvaun Young
Email: Send Email
Organization: Luminated Luxury
Address: 1821 North Lake Forest Drive ste 700, McKinney, Texas 75071, United States
Phone: +1-469-352-4711
Website: https://luminatedluxury.com/
Source: PressCable
Release ID: 89165069
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