Apparently, we all can now lease a watch!
The same way a lot of people lease their car (at least, in the US), now we can lease also luxury watches.
Payment schedule is flexible, between 12 and 60 months, with the option at the end of either re-leasing, paying out residual value of the watch or giving it back...
Since a watch is able to retain a larger proportion of its value compared to cars, does that mean that monthly payments will be smaller?
The company offering this service is called First Watch Leasing (http://www.firstwatchleasing.com/)
So far, the following brands are available: Audemars Piguet, Blancpain, Breguet, Cartier, FP Journe, Harry Winston, IWC, Jaeger-LeCoultre, Panerai, Patek Philippe, Richard Mille, Rolex, and Vacheron Constantin.
This might mean good news for some Loungers, but bad news for their finances...
Some of you might have already heard about this... for the others see below the link to article (in French) on worldtempus:
Alex, please delete if inappropriate