Best Affordable Luxury Watches Under $500 (5 Picks for 2023)

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Written By Alan

Would you believe a G-Shock I was gifted in 2014 by my grandpa started my lifelong journey of a watch geek?

🕑  Last Updated: March 27, 2023

Best Affordable Luxury Watches Under $500 - featured image

The term “affordable luxury” is oftentimes overused and doesn’t necessarily live up to its hype. Affordable luxury watches are unfortunately not an exception to the rule.

Many up-and-coming watchmakers abuse the catchy phrase in their aggressive marketing campaigns to gain (and inevitably lose) their first customers.

With that said, there’s some excellent value to be found if you know how and where to look for affordable luxury timepieces.

As on our website we know a thing or two about watches, today you are in luck. The article you have just begun reading covers some of the best affordable luxury watches under $500 available on the market. The goal of an affordable luxury watch is to make you feel like a million bucks without breaking the bank and we believe each of the models on the list does just that.

Whether you’re looking for something flashy or more subdued, there’s sure to be a watch on this list that’s perfect for you. So, let’s get started!

Disclaimer: As an affiliate, Timepieceking might earn a commission (at no additional cost for you) for purchases made via links in the article.

Affordable Luxury Watches Under $500 (Top 5 Review)

Best Diver
Tissot mens Seastar 660/1000 Stainless Steel Casual Watch Grey T1204171104100
Best Skeleton
Bulova Men's Classic Sutton 3-Hand 21-Jewel Automatic Watch, 42 Hour Power Reserve, Skeleton Dial, Luminous Hands, 100M Water Resistant, 43mm
Best Solar
Citizen Men's Eco-Drive Weekender Brycen Chronograph Watch in Stainless Steel, Brown Leather strap, Ivory Dial (Model: CA0649-06X)
Most Luxurious
Rado DiaStar Original Silver Swiss Quartz Movement 35 mm
Best Moon Phase
ORIENT Men's 'Sun and Moon Version 3' Japanese Automatic Stainless Steel and Leather Casual Watch, Color:Brown (Model: FAK00001Y0)
Model
Tissot Swissmatic
Bulova Classic
Citizen Brycen
Rado Diastar
Orient Sun & Moon
Average Price
Price not available
$386.75
$243.75
$700.00
Price not available
Prime Availability
-
-
Best Diver
Tissot mens Seastar 660/1000 Stainless Steel Casual Watch Grey T1204171104100
Model
Tissot Swissmatic
Average Price
Price not available
Prime Availability
-
Buying Options
Product Review
Best Skeleton
Bulova Men's Classic Sutton 3-Hand 21-Jewel Automatic Watch, 42 Hour Power Reserve, Skeleton Dial, Luminous Hands, 100M Water Resistant, 43mm
Model
Bulova Classic
Average Price
$386.75
Prime Availability
Buying Options
Product Review
Best Solar
Citizen Men's Eco-Drive Weekender Brycen Chronograph Watch in Stainless Steel, Brown Leather strap, Ivory Dial (Model: CA0649-06X)
Model
Citizen Brycen
Average Price
$243.75
Prime Availability
Buying Options
Product Review
Most Luxurious
Rado DiaStar Original Silver Swiss Quartz Movement 35 mm
Model
Rado Diastar
Average Price
$700.00
Prime Availability
Buying Options
Product Review
Best Moon Phase
ORIENT Men's 'Sun and Moon Version 3' Japanese Automatic Stainless Steel and Leather Casual Watch, Color:Brown (Model: FAK00001Y0)
Model
Orient Sun & Moon
Average Price
Price not available
Prime Availability
-
Buying Options
Product Review

Note: At the time of writing, all watches discussed in the article were available for $500 or less. If you’ve noticed one of the products exceeds the $500 price point, please let us know.

Affordable Luxury Watches Under 500 (Top 5 Reviewed)

Tissot Seastar 1000

  • 45.5mm stainless steel case
  • Stainless steel bracelet
  • Sapphire crystal glass
  • Chronograph function
  • Swiss quartz movement
  • Water-resistant up to 300m

Details

We open up a list with an affordable luxury dive watch from Tissot.

For most, the Swiss watchmaker doesn’t need an introduction. The brand has been around since 1853 and is known for its innovative designs and exceptional craftsmanship. Especially when it comes to affordable-yet-top-quality Swiss timepieces, Tissot is the go-to choice for many.

The Seastar T1204171104100 is one of the latest additions to the brand’s sports watch collection – T-Sport. The timepiece is unique in the sense that it’s both an excellent diver and a highly accurate chronograph timepiece at once.

With a water resistance of up to 300 meters, the Seastar is definitely one of the best affordable luxury dive watches on the market. The unidirectional bezel with a blue aluminum insert is both functional and stylish. The bezel goes a long way in tracking your dive time and can also be used as a regular stopwatch.

Size-wise, the Seastar is pretty standard for a dive (or chronograph) watch. It has a stainless steel case measuring 45.5mm in diameter and 12.8mm in thickness. The watch comes with a 3-link stainless steel bracelet, with the outside links brushed and the central one polished, giving the watch a unique and stylish look.

The blue dial of the Seastar is clean and legible, with large indexes and hands coated with Super-LumiNova for improved underwater visibility. The 3 sub-dials (small seconds, chronograph minute counter, and 24-hour) are placed symmetrically around the main dial, which is a nice touch. As you’d expect from an affordable luxury watch, the face has the best possible protection against damage in the form of sapphire crystal.

Powering the watch is a Swiss-made quartz movement – ETA G10.212. The battery life is estimated to be roughly 38 months and, naturally, being a quartz timepiece, it’s ultra-accurate (shouldn’t gain more than 10 seconds/month).

Bulova 96A187

Price Reduction
  • Skeletonized design
  • 43mm stainless steel case
  • Stainless steel bracelet
  • Mineral glass
  • Japanese quartz movement
  • Water-resistant up to 100m

Details

The so-called skeletonized watches are probably one of the most unique and luxurious-looking timepieces on the market. These watches have see-through dials (and sometimes casebacks) that offer an insight into the inner workings of the watch movement.

Certainly, the Bulova 96A187 model you see above is a great representative of this watch type.

As far as American watchmakers go, Bulova watches are one of the most popular and globally-appreciated timepieces.

The timepiece is perfect for formal stylizations. Its structure consists of a round case and an elegant bracelet made of high-quality stainless steel, a transparent dial that provides insight into the mechanism’s operation, and mineral glass, which provides solid protection against cracks and scratches.

The watch, belonging to Bulova’s “Classic” line, is fairly standard-sized with a case measuring 43mm in diameter and 12mm in thickness.

The dial itself is a thing of art. It’s skeletonized, which means that most of its surface is see-through. The only thing obscuring your view of the movement is a thin ring with Bulova branding and Roman hour numerals which give the watch an even more sophisticated and vintage look. When you turn the watch over, you’re greeted with an exhibition caseback that lets you see the inner workings of the Japanese automatic movement (Miyota 8N24)

Water resistance of 100 meters allows contact with water, e.g. when swimming or diving at shallow depths.

Citizen Brycen

Price Reduction
  • Solar-powered (Eco-Drive)
  • 49mm stainless steel case
  • Leather strap
  • Mineral glass
  • Japanese quartz movement
  • Chronograph & tachymeter
  • Water-resistant up to 100m

Details

Next on the list, we have a solar-powered watch from Citizen.

Utilizing the brand’s proprietary Eco-Drive technology, the Brycen CA0649-06X is a true workhorse of a watch that can run for up to 6 months on a single charge (without any exposure to any light). Some users report as many as two decades of trouble-free use with Eco-Drive watches so it’s no wonder they’re considered one of the best-value timekeepers in the market.

Citizen is another well-known Japanese brand in the affordable (mid-price) sector, offering great quality at reasonable prices. Founded in 1918, the company has a long history of watchmaking excellence and innovation.

This particular model, the Brycen CA0649-06X, is a great choice for those who are looking for an elegant and sophisticated timepiece that can be worn on various occasions – both formal and informal.

It’s a men’s timepiece that is both sporty and casual. It has a brown leather strap with a buckle closure and a silver case made of high-quality stainless steel. The watch wears fairly big thanks to the 49mm case that’s also on the thicker side (17mm!).

The legible, black dial is covered with mineral glass, which is more than enough to protect against possible scratches and bruises. The watch is additionally equipped with a date calendar, located at 3 o’clock, chronograph dials, and a 24-hour time function. Additionally, the bezel features a tachymeter scale which is why this watch is quite popular amongst car enthusiasts. Finally, for hassle-free after dusk, the minute and hour hands are luminescent.

As already mentioned, this Citizen model is powered by the extremely reliable Eco-Drive mechanism, which, through the solar panels installed in the dial, solar charges the watch battery, which in turn will eliminate any need for battery replacement (with proper use). Naturally, this is a Japanese-made quartz movement.

The water resistance of the model sits at 100 meters, which makes it a safe companion for short swimming sessions.

Rado DiaStar

  • 35mm Hardmetal case
  • Stainless steel bracelet
  • Sapphire glass
  • Swiss quartz movement
  • Water-resistant up to 30m

Details

All the models on the list are great examples of affordable luxury watches under $500 but if you’re looking for one that really screams luxury, then the Rado DiaStar R12391103 is the way to go.

Of all the brands discussed in today’s article, Rado has the strongest claim to the title of “luxury watchmaker”. The company was founded in 1917 and over the years they’ve gained a reputation for making some of the most beautiful, innovative, and well-crafted watches in the world. The Swiss watchmaker is particularly known for the use of its proprietary High-Tech ceramic in the timepieces, which gives them a very unique look and feel.

While the model in question here doesn’t utilize the High-Tech solution (these models are way more pricey), the DiaStar R12391103 is still a beautiful watch that’s sure to turn heads wherever you go.

This is a luxurious and elegant timepiece that can be worn on both formal and informal occasions thanks to its extremely uncluttered design. The watch has a round case made from polished hard metal while the 3-link bracelet is made from stainless steel. Of all the timepieces discussed in the article, this one wears the smallest. With a case diameter of just 35mm (thickness 8.4mm), this model will suit slender wrists best.

Like all Rado watches, this one is equipped with sapphire crystal glass.

The dial is extremely minimalistic and devoid of any complicated functions. The day and a date window positioned at 3 o’clock is the only thing that interrupts the otherwise perfect symmetry of the watch face. The silver-tone hands and markers on the dial are also luminescent, which makes reading time in low-light conditions a breeze. At first sight, the hour markers might look like diamonds (Rado often ornaments its watches with these precious stones) but they’re actually just applied indexes. Not many will notice that, however!

The model is powered by a Swiss-made quartz movement (caliber 03.114.031). As you’d expect from a Swiss quartz watch, the movement delivers excellent accuracy (+/- 10 seconds/month).

Finally, the watch’s water resistance is rated at just 30m so it’s best to avoid any contact with water.

Orient Sun & Moon

  • Moon Phase indicator
  • 42.5mm stainless steel case
  • Leather strap
  • Sapphire crystal
  • Japanese automatic
  • Water-resistant up to 50m

Details

Just like skeleton watches, timepieces with moon phase complications are quite popular among watch enthusiasts. They offer a beautiful and intricate way of displaying the current phase of the moon, which can be a neat little conversation starter.

While there are many different moon phase watches out there, one that really caught our eye is the Sun & Moon model from Orient. It’s an elegant and understated watch that will look great on the wrist of any discerning gentleman.

Orient is arguably the best value option when it comes to affordable Japanese automatic watches. The company has been in the business for over 80 years and has built a reputation for making high-quality, yet affordable timepieces with all of the brand’s movements manufactured in-house – a feat not many watch companies can boast.

The Orient Sun & Moon is a perfect example of the company’s excellent craftsmanship.

The watch features a case (42.5mm in diameter and 14mm in thickness) made from stainless steel, with a see-through exhibition caseback that lets you take a peek at the inner workings of the Japanese automatic movement. Both the front glass and the caseback are protected by sapphire crystals, making the watch an even better value. The watch has a brown leather strap with a deployment clasp closure.

Looking at the design of the model, we could classify it as an elegant vintage watch. The combination of subdued and classic colors perfectly matches the white dial with Roman numerals. Complementing the dial with date stamps for the day of the month, the day of the week, and the day/night indicator certainly gives it a unique design. The transparent case back, made of mineral glass, allows you to see the inside of the watch.

The caliber used with this model is Orient’s F6B24. It’s a 22-jewel automatic movement with a power reserve of approximately 40 hours and accuracy of +/- 10 seconds/day which is a solid value in this price range.

Water resistance is rated at 50m and it protects the watch against splashing and rain but doesn’t make it suitable for swimming or diving (not that swimming with a leather strap watch is a brilliant idea anyway).

Final Word

We hope that the list of the best affordable luxury watches under $500 has inspired you to find your next timepiece.

Remember, when choosing a watch, always go for quality over quantity. A well-made watch from a reputable brand will last you a lifetime, whereas a cheap knock-off will likely fall apart after just a few years.

Do your research and buy from a brand that you trust. With so many great options out there, you’re sure to find the perfect luxury watch for you – without breaking the bank!

If you’ve decided to go with one of the watches on our list, then congratulations! You’ve made a great choice. We’d love to hear which one you ended up going for, so feel free to drop us a comment below.

Also, we invite you to have a look at other popular guides on our website, such as Swiss automatic watches under $500, automatic dive watches under $100, and GMT watches under $1000.

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