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A. A pre-owned Rolex refers to any Rolex watch that has been previously owned, regardless of its age. These watches can include both relatively recent models and older ones that are no longer in ... A. A pre-owned Rolex refers to any Rolex watch that has been previously owned, regardless of its age. These watches can include both relatively recent models and older ones that are no longer in production. The primary appeal of pre-owned Rolex watches is the opportunity to acquire a high-quality timepiece at a potentially lower cost than a brand-new model, along with the possibility of finding discontinued or rare models. On the other hand, a vintage Rolex is typically defined as a watch that is at least 20 to 30 years old. Vintage Rolex watches are highly sought after due to their rarity, historical significance, and unique features that may not be present in newer models. These watches often command higher prices in the market because of their collectibility and the nostalgia associated with their design and craftsmanship.