Pre-Owned Rolex Watches: Making Luxury Affordable


One of the world’s most powerful global brands, Rolex are renowned for their innovation, exquisite craftsmanship and rich heritage. The Swiss luxury watchmaker’s passion for perfection, authenticity and luxury have allowed the brand to stand out from others in the horology world.

With a timeless style that never goes out of fashion, Rolex watches are made to last a lifetime and more, making them perfect gifts to pass down from generation to generation.

History of Rolex

Rolex were founded in 1905 in London by Hans Wilsdorf and Alfred Davis and were originally called Wilsdorf & Davis. At the time, the main commercial activity of the company was importing Hermann Aegler’s Swiss movements and placing them in watch cases. The watches were then sold by jewellers who put their own name on them.

The company registered the name Rolex in 1915. There are many theories regarding the origin of the name, although none has been completely confirmed. Most people believe Rolex to be an invented name, while others believe it came from the French horlogerie exquise (meaning ‘exquisite clockwork’). Wilsdorf is thought to have said that he wanted the watch brand’s name to be easily pronounceable no matter which language it was spoken in.

As the country was undergoing a heavy taxation period due to wartime taxes being levied on luxury imports (and on export duties of metals), the business moved to Geneva, Switzerland in 1919. At the moment, Rolex is owned by the Hans Wilsdorf Foundation, a private family trust; in 2017, they were valued at $8.053 billion.

Rolex are synonymous with status; three of the world’s most expensive watches ever sold at auction are Rolex. Paul Newman’s Rolex Daytona is still the most expensive wristwatch and the second most expensive timepiece ever sold at auction; this watch sold for $17.75 million in New York in 2017.



Why Choose a Pre-Owned Rolex?

The Swiss watchmaker creates precise and beautiful timepieces; whether you’re looking to reward yourself or offer it as a Christmas gift to a loved one, Rolex watches are well worth the purchase. However, considering that some models can be extremely expensive or may no longer be produced, opting for a pre-owned Rolex will give you the precision, style and luxury of the brand, at a fraction of the price.

Rolex watches are also a valuable investment. The quality of their craftsmanship is world-class and some models, like the Rolex GMT Master which was created for Pan Am pilots, remain among the most popular timepieces. The brand specifically designs and manufactures watches that stand the test of time while holding their value.

While the Swiss watchmaker knows how to craft classic and timeless pieces, they’re also incredibly forward-thinking and innovative. Their innovations include many firsts in the luxury watch industry. For example, the brand created the first waterproof wristwatch, the first wristwatch to automatically change the date on the dial, and the first to show two time zones at once. Rolex also became the first to earn chronometer certification for a wristwatch.

It goes without saying that quality is at the forefront of every timepiece Rolex create. By purchasing a pre-owned model, you get a watch that is not mass-produced but assembled by hand, using only the best watchmaking techniques. Even if you purchase a model that is two decades old, you know that you will be getting the ultimate in precision, technology and luxury.

Rolex at Banks Lyon

Our selection of pre-owned Rolex on finance is vast and continuously changing, with new pieces arriving and others going to new owners. We stock Rolex watches for both ladies and gents, so browse our range or visit our stores to see the whole selection for yourself. We can offer you significant savings on ever-popular Rolex models, such as the Submariner, and our expert team of personal shoppers will help you to find the perfect wristwatch tailored to your needs.

Below are just some of the timepieces you can find at Banks Lyon at the moment.

Pre-Owned Rolex Submariner Date Black Dial Watch

A beautiful watch made for the gent who seeks a sophisticated and fashionable piece capable of matching any wardrobe choice.

The stylish black dial is the perfect contrast to the stainless steel of the bracelet and the 40mm case, which houses a self-winding automatic C.O.S.C. chronometer. This 2010 all-stainless-steel Rolex Submariner Date watch is in immaculate condition and comes with the presentation box and papers; it’s also supported by our 12-month warranty.

This pre-owned Rolex Submariner Date Black Dial Watch is available for £7,150 or from £170.07 per month at 9.9% finance.

Pre-Owned Rolex Explorer II White Dial Watch

This model is the perfect companion for the adventurous gent who is passionate about the outdoors but feels just as comfortable in the boardroom. The stainless steel 2012 Rolex Explorer II comes with a white dial that enhances readability and its 40mm case houses a precise self-winding automatic C.O.S.C. chronometer.

The scratch-resistant sapphire crystal and the 24h bezel are the perfect finishing touches to such a reliable, robust and comfortable piece.

Previously available for £6,250, this pre-owned Rolex Explorer II White Dial watch can now be purchased for £5,900 or from £140.34 per month at 9.9% finance.

Pre-Owned Rolex Ladies Datejust 26mm Watch

Beautifully designed with a timeless appeal, this elegant 2013 stainless-steel piece comes with a stainless-steel bracelet and case and a white roman numeral dial. The classic design, combined with a sapphire crystal case, makes this model ideal as an everyday watch or a piece of jewellery.

The self-winding automatic C.O.S.C. chronometer offers a reliability and trustworthiness that is completely Rolex. Included with this watch is its presentation box and papers; the model is also supported by our fully comprehensive 12-month warranty.

This pre-owned Rolex Ladies Datejust 26mm watch used to be available for £4,850 at Banks Lyon but is now £3,850 or from £91.58 per month at 9.9% finance.

Pre-Owned Rolex Yacht-Master 29mm Watch

Practical, yet stylish and sophisticated, this model is suited for a modern woman who enjoys a timeless accessory. The stainless-steel bracelet and silver dial go together beautifully, especially when matched with the platinum bezel. The movement is an accurate and reliable self-winding automatic C.O.S.C. chronometer.

A refined imagining of the classic diver’s watch, the Yacht-Master is capable of complementing any fashion choice, making it an everyday piece; its sculpted design is also the perfect choice for an elegant evening out.

This pre-owned Rolex Yacht-Master 29mm watch used to be £6,350 but is now available for £4,250 or from £101.09 per month at 9.9% finance.

We have over 30 years of experience selling Rolex watches, and can ensure 100% guarantee of authenticity when you purchase from us. At Banks Lyon, purchasing a pre-owned Rolex doesn’t mean you have to compromise on the quality of the product you receive. Visit our Lancaster and Kendal stores to browse our range of pre owned Rolex watches at your leisure.