Loan Against Your Watch: Keep the Watch, Get the Cash
Need funds but not ready to part with your watch? Borrow against it instead. Your watch is the security, it stays insured in secure storage, and it comes back to you when the loan is repaid.
Selling and Borrowing Are Different Choices
If you want the best possible price and are happy to let the watch go, selling is usually the better option. If the watch means something to you, or you expect to want it back, a loan lets you raise funds without giving up ownership. We do both, and we will tell you honestly which one suits your situation.
How a Watch Loan Works
Four steps from enquiry to funds, usually completed within 24 to 48 hours
Submit your watch
Send us the brand, model and photos, plus how much you would like to borrow. Takes about five minutes.
Authentication and valuation
Certified watchmakers verify the watch and assess its current market value. This determines what we can advance.
Funds transferred
Accept the offer and we transfer the funds by instant Osko payment, usually the same day the watch is verified.
Your watch is stored and insured
It stays in secure, insured storage for the term of the loan. Repay and it comes straight back to you.
Trusted by Watch Owners Across Australia
What customers say about dealing with Buy Your Watch
"I wanted to sell my Rolex watch as easily as possible. Max gave me a solid offer that was very fair and after verifying its authenticity transferred payment immediately into my account. Highly recommend!"
"Incredibly professional and easy to deal with - ultra quick from start to finish. Max is your guy if you're looking to sell a high-end watch."
"Fantastic service, offering greater price than any other one I approached. Thank you Max for your expertise and guidance. I highly recommend Max if you have a watch that you no longer need to keep."
Frequently Asked Questions
Borrowing against a luxury watch, answered plainly
Find Out What You Could Borrow
Free assessment, no obligation, and no effect on your credit file
Apply For a LoanCost of a watch loan
Loans run from a minimum advance of $5,000 over terms of 3 to 12 months. A one-off setup fee of $400 covers authentication and insured storage for the term. Interest runs from 4% to 10% per month depending on the watch, the amount advanced and the assessed risk of the loan. The maximum annual percentage rate is 152%, which includes both interest and the setup fee, and applies at the highest monthly rate on the smallest advance over the shortest term. Because the setup fee is fixed, the rate works out lower on larger advances and longer terms. Your exact rate, the total amount repayable and the redemption date are confirmed to you in writing before any funds are released, and you are under no obligation to proceed.
Representative example: $10,000 advanced against a Rolex, over a 3-month term, at 4% per month, with the $400 setup fee. Total repayable to redeem the watch at the end of the term: approximately $11,600, an APR of approximately 64%. Repaying earlier reduces the interest payable.
What happens if a loan is not repaid, including your right to claim residual equity, is covered in the FAQs above and set out in full in our terms and conditions.