Interestingly, there are luxury watch rental companies – so you can wear the perfect timepiece for a fancy event without having to pay for such an enormously expensive item.
I recall a law suit that made the news several years back about a group of 4 ladies who pooled their funds to purchase a Rolex watch, with a contract to “timeshare” it. It seemed that one of them lost her job causing the others to be short of funds to make the payments and the watch got repoed by the jewelers, so the other 3 tried to sue the fourth lady for breach of contract to get their money back. The judge said it was their own fault for financing something they knew they couldn’t afford and threw the case out of court.
Baarorso about 6 years ago
Whatever happened to “if you have to ask the price, you can’t afford it”? ;D
enigmamz about 6 years ago
So, making 36 monthly payments is no longer an option?
shamino about 6 years ago
Interestingly, there are luxury watch rental companies – so you can wear the perfect timepiece for a fancy event without having to pay for such an enormously expensive item.
RonnieAThompson Premium Member about 6 years ago
And you can lease/rent or buy your pet on the monthly payment plan
magicwalnut about 6 years ago
Groan….
h.v.greenman about 6 years ago
I recall a law suit that made the news several years back about a group of 4 ladies who pooled their funds to purchase a Rolex watch, with a contract to “timeshare” it. It seemed that one of them lost her job causing the others to be short of funds to make the payments and the watch got repoed by the jewelers, so the other 3 tried to sue the fourth lady for breach of contract to get their money back. The judge said it was their own fault for financing something they knew they couldn’t afford and threw the case out of court.
Iwa Iniki about 6 years ago
Never do a Timeshare with anyone or anything.
NickHentschel about 6 years ago
“TIMEshare”? Oh, boo!
Dtroutma about 6 years ago
Only timeshare with your spouse and kids.