Are Movado Watches Expensive?

Are Movado Watches Expensive?

No, Movado watches are not expensive. The price rates can be better described as "fair" for a luxury brand. It is important to consider the extensive work involved in creating high-quality watches.

No, Movado watches are not expensive. The price rates can be better described as "fair" for a luxury brand. It is important to consider the extensive work involved in creating high-quality watches.

Movado timepieces are manufactured with strict adherence to high standards at every production stage. This includes designing, developing, sourcing raw materials, manufacturing parts, assembling, final inspection, and finishing.

Over the years, the Movado brand has worked on creating a positive image for themselves and the products they churn out. They have achieved this by not compromising on the durability of the raw materials used or the overall quality of whatever product makes it to the sales and marketing stage.

In this article, we will explain why we think movado watch pricing is fair when compared to other global luxury watches

Key Takeaways From this Article

  • Some people consider Movado watches expensive because of the top-grade materials used in their production. The brand prioritizes the top quality of every single material used. 
  •  Consumers enjoy flexibility at its peak with Movado watches, which offer a combination of style and top functionality for different events.
  • Movado watches are solidly built and super easy to use and maintain. With every purchase comes an existing warranty program that guarantees an extension of the battery's life. 
  • Movado brand bridges the gap between quality, affordability, and accessibility, all at a very fair price.
  • Just like Rolex, Montblanc, and Patek Philippe, Movado watches are considered luxury timepieces, too. However, they prioritize uniqueness and conservative designs over opulence.
  • Movado watch designs and time technology are considered classic. Since the 1900s, skilled craftsmen have been bringing these designs to life, winning over 200 awards.
  • Shop our high-quality collection of movado watches on MyGifstop

Are Movado Watches Worth it? 

Yes, Movado watches are worth it. When you compare them with other high-end luxury watch brands, Movado watch prices are considered relatively fair. As a bonus, you enjoy the same reliability and stylishness that other luxury brands provide.

We will outline some key parameters and analyse how well they tick each box to ascertain if the Movado watch is worth its price. Some of these parameters include:

  • Raw Materials
  • The Movado brand takes the sourcing of raw materials for all its timepieces very seriously. They carefully choose premium stainless steel, ceramics, and gold, down to the seemingly insignificant ones. Even the tiniest detail on the timepieces speaks volumes about this meticulous material selection.

  • Craftmanship
  • To produce the high-quality pieces for which the Movado brand is renowned, skilled craftsmen are employed at every stage of the watchmaking process. From the meticulous polishing and engraving to the final assembly of the parts, experienced craftsmen skillfully execute each step. The watches' precision engineering and exceptionally fine finish are evident and praised by customers.

  • Sales and Marketing costs
  • It should be expected that the cost incurred during the marketing processes and sales distribution will, in one way or another, affect the overall price of the watch.

    Movado vs. Other Ultra-Luxury Brands

    The table shows the prices of the least and most expensive luxury brand watches

    BRAND

    LEAST EXPENSIVE

    MOST EXPENSIVE

    Movado

    Movado Men’s Steel Case $313

    Movado Faceto 39mm Gold, $3,295

    Rolex

    Rolex Air-King 5500: $6,500

    Rolex Anti-magnetic ref 4113: $2.5 Million 

    Patek Phillipe

    Patek Phillipe Aquanaut Ref. 5167A

    Patek Phillipe Calatrava Ref. 6119G: $31,940

    Audemars Piguet

    Audemars Piguet Royal Oak Self-winding: $27,000

    Audemars Piguet Royal Oak Tourbillion Chronograph, $721,000

    As seen in the table above, examples of brands in this category include Audemar Piguet, Patek Philippe, Rolex, and more. The pricing of these brands ranges from thousands to millions of dollars. A clear disparity between their prices and the Movado brand makes any comparison impossible.

    Moreover, even well-established luxury brands like TAG Heuer and Omega set prices as high as $3000. In comparison, the Movado brand stands out as an advantage, offering watches of similar quality and functionality at a much lower price.

    Prices comparison

    Let's do justice to the analysis by breaking it down further into different key metrics for consideration:

  • Models 
  • The pricing of Movado watches largely depends on the model. The vintage Movado Museum watch is a good example of a model within the low-price range.

  • Movement
  • As expected, automatic watches cost significantly more than quartz watches. While you can get a quartz watch for as little as $300, automatic watch prices begin at $900 and go up to as much as $3000.

  • Material
  • Materials play a key role too in determining the worth of the different Movado watches.

    Those produced with ceramic and higher-grade materials are priced higher than those made with stainless steel.

    Below is a table that compares prices of selected popular Movado watches:

    MOVADO 

    PRICE

    Movado Bold Evolution 2.0

    $695

    Movado SE Automatic

    $1,995

    Movado Face 

    $395

    Museum Classic

    $695

    Movado Bold Horizon

    $795s

    Affordability and value

    The hallmark of the Movado brand is affordability. Consumers are open to timeless watch designs with great functionality, all at an affordable rate. Additionally, there's the brand prestige that it comes with and the pride of owning a luxury watch.

    The customer satisfaction rate that the brand records suggests that they view their purchase as great value for their money.

    For first-timers considering purchasing a Movado watch, here are a few key points to consider:

  • Functionality
  • You need to consider your needs in this regard. If you prefer top functionality, the automatic Swiss-made Movado watches are your best bet, as they have more exquisite features.

    On the other hand, if you do not care much about added features like chronographs and others, you can always make a pick out of the many simple yet unique designs available. 

  • Material Quality
  • It is a verifiable assertion that Movado uses good-quality raw materials for its products. All the same, you will find some models produced with an even higher-grade material. The onus is on the consumer to carefully read through the different watch specifics and go for the one they feel most comfortable with.

     

  • Movement
  • It's a fact that Movado produces both Swiss-made Automatic and Quartz watches. With the quartz, you enjoy reliability and affordability, while the Swiss Automatic offers a smoother mechanism and prestige.

    Therefore, there is a need to do a quick opportunity cost to see which better suits your needs but agrees with your finances.

  • Pricing
  • Movado produces a wide range of watches, with prices varying from one model to another. The price difference usually depends on the model, movement type, and materials used.

    Take your time in going through their collections, as there is always something that will suit your needs and budget.

  • Authenticity 
  • To ensure that you purchase genuine Movado products, we strongly recommend that you only shop directly from the brand or one of their authorized retailers. By doing so, you can be confident that you will receive a Movado product fully covered under the standard 2-year warranty.

    Lastly, we recommend that you carefully read and understand the warranty terms before purchasing. The store attendants can always assist you if you have any doubts or need further clarification.

    Movado luxury watch pricing

    Movado luxury watches are typically produced with a Swiss-made automatic movement. You will find them between the range of $900 to $3,000

    Watches made with special features like chronographs or high-grade materials like ceramic, titanium, and other precious stones tilt more toward the far end of the price range.

    In all of this, consumers enjoy greatly designed, properly assembled watches at a very fair price compared to the ultra-luxury brands.

    Conclusion

    Notice how we have replaced the word “expensive” with “fair?”

    It is because the word expensive does not correlate with the quality and worth of the Movado brand; instead, it is a term that is peculiar to each person, depending largely on their available resources and what they are willing to part with for a quality timepiece.

    The only way to put paid to this argument is to own one and confirm if it does offer you the value it is perceived to have.


    Here at mygiftstop, we are poised to help you make that decision. Our stores house some of the best timepieces from Movado, all at a very affordable rate. Click here to see more of the Movado pieces we have in stock.

      












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