Financing solutions for luxury watches

Customers provide their information securely via the Yourasset platform and create their own account to track the full transaction from the start to the delivery of their new watch.

Yourasset acts as payment intermediary, while customers pay fixed monthly installments to our bank partner. In Switzerland interest costs are deductible from personal income taxes. Customer can repay the financing amount early.

The individual steps are:

1. Find your next watch and select a payment option
2. Submit your personal and financial information
3. The information is reviewed by us and our bank partner
4. Once approved, you receive the contract
5. Sign it and return it to our bank partner
6. The merchant receives only your basic personal information
7. Congratulations! Collect your new watch from the merchant
8. Your information is saved for your next transaction

For any questions related to the product you can contact our partners directly too.
For any questions related to the financing process, please contact us.

Over 70% of consumers purchase their car with Leasing or Financing. It is the preferred payment method to purchase a car and enables the consumer to pay monthly. Yourasset introduces this payment method to purchase a luxury product like a watch.

Luxury watches embody many characteristics of an asset. They are a sustainable and circular product that can preserve its value over time. Compared with a car a luxury product also has lower maintenance costs and tends to depreciate less in value or even appreciate over time. Overall, Yourasset introduces and additional and popular payment method for the purchase of luxury products. Combining the rational with the emotional.

As with car financing, the customer pays interest. As the customer purchases the watch today the price is locked-in and the customers is protected from (retail) price increases which occurred 1-2 times annually over the past. In the end, based on the choices made, it could even be possible that price increases are higher than the effective interest cost.

In the Graph we can compare the price inflation with the cash-flow for a CHF 10'000 watch that is financed over 48 months. The blue bar shows the (retail) price of the watch and how it likely becomes more expensive each year. The dark-green bar shows the total amount spent on the watch per year including interest costs. The light green bar shows the total cost with financing including the tax deduction a customer is entitled to in Switzerland.

Who do I ask for question about the watch?

• You can ask the merchant directly. Contact the merchant using the contact details listed in the Merchant Tab
• You can also always contact us via the Chat button and our e-mail

Where can I read more about Yourasset?

• Read more in the about us section of the website and follow us on Instagram and Linkedin
• Yourasset is a Swiss company incorporated in Zurich and was among the top 10 Swiss Fintech Startups in 2023
• Our team has years long experience in finance, technology and the luxury market
• Read about our service in the watch magazine EuropaStar or on Medium

What interest rates do you charge?

• Read all financing details by clicking on the (i) next the monthly terms
• The interest rate is between 5.9% and 11.95% p.a.
• Interest costs can be deducted from your taxable income

Why don’t you offer 0% financing?

• We plan to offer 0% financing up to an amount of CHF 7'000 from early 2025
• 0% financing bears a high cost for the merchant (the merchant must compensate the interest cost for the entire period)