The Best Luxury Watches Under $5000

Celine Simon Saturday, November 23rd, 2024 8 min. read

While you’ll often have to shell out five figures or more for luxury watches, there are certainly some excellent options that are less expensive — particularly on the secondary market. And we’re not talking about unknown companies either; big watch brands have plenty of choices that won’t break the bank. So if you’re looking for a top-notch watch — whether a diver, chronograph, GMT, dress, or GADA — that’s relatively easy on the wallet, here are some of the best under $5000 luxury watches to consider.

Listen to the podcast episode about this article

TAG Heuer Aquaracer

The TAG Heuer Aquaracer is a great entry point into the world of dive watches. With a prominent 43mm stainless steel case, 300 meters of water resistance, and a sunburst blue dial, this timepiece is as stylish as it is functional. The sunray brushed blue dial benefits from horizontal grooves, bright yellow accents, and a practical date window at 3 o’clock, which is magnified by a lens affixed to the sapphire crystal above it. The unidirectional dive bezel is also fashioned from stainless steel, engraved with oversized numerals for every 10 minutes.

TAG Heuer Aquaracer, a luxury watch available well under $5000
TAG Heuer Aquaracer

Powering the TAG Heuer Aquaracer is the Caliber 5 automatic movement, based on either a Sellita SW200-1 or an ETA 2824-2. It operates at 28,800 beats per hour (4 Hz), supplying around 38 hours of power reserve. Sporty, robust, and good-looking, the TAG Heuer Aquaracer is a solid pick for a dive-ready luxury watch under $5000.

Aquaracer Specs

ModelAquaracer
ReferenceWAY2012.BA0927
Case43mm
Stainless steel
BezelUnidirectional rotating
Stainless steel
DialSunburst blue
MovementCaliber 5
Automatic winding
38-hour power reserve
FunctionsHour, minute, center seconds
Date window
Water Resistance300 meters
Bracelet/StrapStainless steel bracelet
Secondary market price$1,850
TAG Heuer Aquaracer Specs

Loading, please wait…

For a Classy and Versatile Luxury Watch Under $5,000: Breitling Premier Day and Date

Looking for a dressier option? Then consider the Breitling Premier Day and Date, a vintage-inspired piece that’s also practical. The watch features a polished and well-proportioned 40mm stainless steel case paired with a silver sunburst dial. In addition to the two useful calendar windows — one at 12 o’clock for the day and another at 6 o’clock for the date — the dial also includes slim baton hour markers, pencil-shaped hands, and a minute/second scale around the rim. The gold tone of the hands and indices, along with the brown leather strap, dresses things up while the silver shade of the dial keeps things nice and clean.

Under $5000 luxury watches - Breitling Premier Day and Date
Breitling Premier Day and Date

Beneath the solid steel caseback is the Breitling Caliber 45 automatic movement, which (being based on an ETA 2834-2) operates at 28,800 beats per hour (4 Hz) and offers a power reserve of around 38 hours. With its clean design and practical features, the Breitling Premier Day & Date is a versatile luxury watch under $5000 that works well for both formal(ish) wear and more relaxed days.

Premier Day and Date Specs

ModelPremier
ReferenceA45340
Case40mm
Stainless steel
DialSilver
MovementBreitling Caliber 45
Automatic winding
38-hours power reserve
FunctionsHour, minute, center seconds
Date window
Day window
Water Resistance100 meters
Bracelet/StrapLeather strap
Secondary market price$2,950
Breitling Premier Day Date Specs

Loading, please wait…

Tudor Black Bay GMT

One of the most popular modern Tudor watches, the Black Bay GMT is a tool watch with undeniable charm, offering a practical GMT function and robust build quality. Its 41mm stainless steel case is paired with the iconic red-and-blue “Pepsi” bezel, giving the watch a classic yet sporty vibe. The matte black dial features Tudor’s signature snowflake hands, large hour markers, and a GMT hand outlined in red for easy readability. While Tudor offers this GMT with either a black or light dial, the opaline option is particularly fresh — and not-so-subtle a nod to the highly collectible Rolex Albino Pepsi watch.

Under $5000 Luxury Watches - Tudor Black Bay GMT
Tudor Black Bay GMT

Inside, the Black Bay GMT is powered by the in-house Caliber MT5652 automatic movement with a 70-hour power reserve and COSC certification for precision. With 200 meters of water resistance and dual-time functionality, this watch is both air and water-ready. Whether you’re crossing time zones or just want a stylish and functional luxury watch under $5000, the Black Bay GMT has you covered.

Black Bay GMT Specs

ModelBlack Bay GMT
Reference79830RB-0010
Case41mm
Stainless steel
BezelBidirectional
Blue and red
24-hour scale
DialOpaline
MovementTudor Caliber MT5652
Automatic winding
70-hour power reserve
FunctionsHour, minute, center seconds
Date window
Day window
Water Resistance200 meters
Bracelet/StrapStainless steel bracelet
Secondary market price$3,550
Tudor Black Bay GMT Specs

Loading, please wait…

Our Favorite Ladies’ Luxury Watch Under $5000 Right Now: Breitling Chronomat 32

For those who prefer a smaller watch with a touch of sparkle, the Breitling Chronomat 32mm is a perfect pick. The polished stainless steel case measures a petite 32mm and is furnished with a pink dial with diamond hour markers that strike just the right balance between subtle and glamorous. There’s also a date window at 6 o’clock and lume on the hands and indices for improved nighttime visibility. The bezel is Breitling’s familiar “rider tab” variant (but sans numerals), complete with a luminous pearl at 12 o’clock.

Breitling Chronomat 32, a great ladies' luxury watch under $5000
Breitling Chronomat 32

This casual ladies’ watch runs on Breitling’s SuperQuartz movement, ensuring pinpoint accuracy, and it’s water-resistant to 100 meters — practical enough for daily wear and more. Paired with Breitling’s distinctive “Rouleaux” (or roller) bracelet in steel, the Ladies Chronomat is an effortlessly chic luxury watch under $5000 that feels right at home on the wrist.

Chronomat 32 Specs

ModelChronomat 32
ReferenceA77310
Case32mm
Stainless steel
DialPink
Diamond hour markers
MovementBreitling Caliber 77 (SuperQuartz)
FunctionsHour, minute, center seconds
Date window
Water Resistance100 meters
Bracelet/StrapStainless steel bracelet
Secondary market price$3,650
Breitling Chronomat 32 Specs


Loading, please wait…

Our Favorite Luxury Watch Under $5000 from Omega: Speedmaster MK40 Day-Date

A jazzier take on Omega‘s famous chronograph, the Speedmaster Day-Date ref. 3520.53.00 combines familiar Moonwatch design details with the added functionality of a triple calendar — plus a splash of color. As is customary for many steel Speedmaster watches, the 39mm stainless steel case is furnished with a black tachymeter scale. On the other hand, the gray dial is quite the departure from classic Speedmaster watches, featuring a trio of chronograph subdials at 6, 9, and 12 o’clock (hour counter, small seconds, 30-minute counter, respectively), not to mention the 24-hour display (at 9 o’clock), day and month windows (at 12 o’clock), and the date ring around the periphery.

Luxury watches under $5000 - Omega Speedmaster Day-Date Mk. 40
Speedmaster Day Date

At its core is the Omega Caliber 1151 automatic movement, which delivers a power reserve of approximately 44 hours. Not your run-of-the-mill Speedy, this Day-Date version is not only a super cool version of Omega’s flagship chronograph but its under $5000 price point is attractive too.

Speedmaster Day-Date Specs

ModelSpeedmaster
Reference3520.53.00
Case39mm
Stainless steel
BezelBlack aluminum
Tachymeter scale
DialGray
MovementOmega Caliber 1151
Automatic winding
44-hour power reserve
FunctionsHour, minute, center chronograph
30-minute counter, 12-hour counter
Running seconds
24-hour display, day, month, and date
Water Resistance50 meters
Bracelet/StrapStainless steel bracelet
Secondary market price$3,950
Omega Speedmaster Day Date Specs

Loading, please wait…

More about Omega watches:
2024 Omega Watch Releases
2024 Omega Olympic Watch Guide
5 Underrated Omega Speedmaster Models

One of the Most Underrated Luxury Watches Under $5000: Bulgari Octo Solotempo Ultranero

If you’re after a bold and modern luxury watch under $5000, the Bulgari Octo Solotempo is worth a look. With its sharp angles and black DLC-coated 41mm stainless steel case, ref. 102581 is sleek and minimalist. Like all Octo Solotempo models, this Ultranero combines the eight-sided case and dial with a round bezel. The gold hands, indices, and crown add a touch of glam to an otherwise all-black watch. The clean dial includes a mix of baton and Arabic numerals for the hours while a discreet date window sits at 3 o’clock.

Bulgari's Octo is one of the most underrated luxury watches under $5000
Bulgari Octo Solotempo Ultranero

The integrated black rubber strap emphasizes the watch’s streamlined profile, making it both comfortable to wear and visually cohesive. Inside the slim case and visible from the sapphire caseback is Caliber BVL 193, an automatic movement with around 50 hours of power reserve.

Octo Solotempo Ultranero Specs

ModelOcto Solotempo Ultranero
Reference102581
Case41mm
DLC-coated stainless steel
DialBlack
MovementBulgari BVL 193 
Automatic winding
50-hour power reserve
FunctionsHour, minute, center seconds
Date window
Water Resistance100 meters
Bracelet/StrapDLC-coated stainless steel bracelet
Secondary market price$4,250
Bulgari Octo Solotempo Ultranero Specs

Loading, please wait…

Our Favorite Luxury Watch Under $5,000 from Panerai: Radiomir 1940 3 Days

With its massive 47mm cushion-shaped case, stark dial, and thick round bezel, the Radiomir 1940 3 Days PAM00514 is undeniably a Panerai creation. The black sandwich-style dial features luminous cutouts for the hour markers and hands, ensuring excellent readability day or night. There’s a date window at 3 o’clock, paired with the familiar running seconds subdial at 9 o’clock. Fitted to the case is a brown leather strap with light stitching, which does a nice job of adding a touch of refinement to the military-inspired beast of a watch.

Panerai Radiomir 1940 3 Days
Panerai Radiomir 1940 3 Days

Inside, the P.3000 hand-wound movement offers a reliable 3-day power reserve, visible through the exhibition caseback. Lucky for us, this oversized luxury watch has a not-too-large price tag, coming in well under $5000.

Radiomir 1940 Specs

ModelRadiomir 1940 3 Days
ReferencePAM00514
Case47mm
Stainless steel
DialBlack
Sandwich dial
MovementPanerai Caliber P.3000
Manual winding
3-day power reserve
FunctionsHour, minute, small seconds
Date window
Water Resistance100 meters
Bracelet/StrapLeather strap
Secondary market price$4,650
Panerai Radiomir 1940 Specs

Loading, please wait…

Cartier Ballon Bleu 42

The Ballon Bleu’s smooth, rounded, pebble-like stainless steel case and signature blue cabochon crown make it unmistakably Cartier. This particular model is quite large, clocking in at 42mm in diameter. In true Cartier fashion, the silver guilloché dial is punctuated with bold Roman numerals, blued-steel sword hands, and a railroad minute track, delivering a design that’s familiar yet fresh thanks to the circular shape.

Cartier Ballon Bleu 42
Cartier Ballon Bleu 42

Practicality isn’t forgotten either, with a subtle date aperture nestled at 3 o’clock. Driving the Ballon Bleu 42mm is the Cartier Caliber 049 automatic movement with around 42 hours of power reserve. As far as refined luxury watches under $5000 go, this one is hard to beat, and a bit more uncommon than a Cartier Santos or Tank.

Ballon Bleu Specs

ModelBallon Bleu
ReferenceW69012Z4
Case42mm
Stainless steel
DialSilver guilloché
MovementCartier Caliber 049
Automatic winding
42-hour power reserve
FunctionsHour, minute, center seconds
Date window
Water Resistance30 meters
Bracelet/StrapStainless steel
Secondary market price$4,750
Cartier Ballon Bleu Specs

Loading, please wait…

Finding Luxury Watches Under $5000

Whether you’re looking for a rugged tool watch, a sophisticated dress watch, or a bold modern design, this list showcases the best luxury watches under $5000. Each of these timepieces offers something different, illustrating that you don’t need to spend a fortune to enjoy top-tier craftsmanship and style from leading luxury watch brands.

If you’re ready to begin your collection or expand it, these under $5000 luxury watches are worth serious consideration — and the secondary market is the best place to start.

Leave a Reply

Your email address will not be published. Required fields are marked *