One reason to sell your used designer bag at a consignment store is how relatively easy it is. May be slow to list bag or payout proceeds Lower return than if you sold it yourself Selling your pre-owned handbag with designer consignment stores Pros You can sell via online consignment stores, or you can sell it on your own directly to the buyer. When it comes to selling your designer handbag, there are two ways in which you can do it. Where to sell your pre-owned designer handbag straps, rain covers, pouches, etc.).Ī number of things can affect the value of your bag, like the size of the bag, so be sure to research thoroughly before committing to a price.Ģ. You should also take into account any available packaging (box, dustbag, authenticity card, etc.) and accessories that come with the bag (e.g. Determine the special features of your bagĪ few other factors to consider when pricing your preloved handbag include color and rarity. Investment bags are not always great financial investments. If you are selling a handbag that is a seasonal piece, keep in mind, that unless it's currently trending and in demand, it could go for a much lower price point. Sometimes they sell for the same price as a brand new bag and sometimes for much more depending on the condition and demand for the bag. (The Hermes Birkin bag being the most expensive).Īs a result, luxury handbags like these are always in high demand, and pre-owned versions of them tend to command a high price. This means these handbags never go on sale, instead, the prices have constantly always gone up. Classic handbags and permanent collection styles go for moreīags like the Chanel classic flap, the Hermes Birkin, the Hermes Kelly, and the Louis Vuitton Speedy, for example, are considered classic investment bags and are part of their permanent collections. Pricing your bag competitively will also contribute to how quickly you are able to sell it. This is a good way to determine a starting point to sell your bag. There are several websites (see below) you can check. Look at trendsĭo some research to see what handbags in the same condition as yours are going for online. When it comes to determining pricing your bag for resale, ideally you want to price it competitively so you can get cash in hand as quickly as possible, right? Even if you’re planning to sell with a consignor, it’s important to understand how much money you can potentially expect to earn. How to create your signature bag for a line how to#How to price your luxury handbag for resale
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