Paying a few hundred dollars for a watch is cheap, compared to the prices for mid/high-end mechanical watches.
replyStarting price alone doesn't give you the full picture.
replyAfter five years, Apple Watches are out of support, so even if they work their value goes to $0. The battery is gone by that time, new OSes don't support them, and their only destination is a landfill.
Mechanical watches can last decades, and hold some resell value at any age.