You don't say exactly what discount you are being offered, but remember that they are only preparing to offer it at a discount because it won't sell at the new price. Given it's effectively old stock, I would base a valuation on the used value of the watch plus a small premium for the fact you're buying it new with a warranty. You've already touched on most of the pros and cons you can think of. For me: Pros: Classic Carrera design Cons: Tag Heuer rather than Heuer Rose gold instead of yellow gold (that is a negative for me) Also, regarding calibre 5, I think you can't base an opinion on the accuracy of the movement on just one watch in your collection? Personally I wouldn't do it. These days, I only buy watches that I'm completely in love with, and I'm not convinced you are - just you've been offered a good price for something you weren't previously considering. In your shoes, I would probably get the Telemeter, though, if I had to buy something.