Pawns are okay. They have to make money too. But the depreciation is so much from new to used it only make sense to buy used. Watches arent like cars. They are built to last forever. From that standpoint what does it matter. Unless you feel some emotional attachment you can only have if the item is new, then by all means, pay the premium. Heck if you buy out of state, you even get to avoid sales tax. Sales tax on a 5k watch is $400..
Here's a Pre-owned Tag aqua racer thats reduced 30% from new.
http://www.leohamel.com/shop/details...%20Tag%20Heuer