Selling and Buying Pre-Loved Bags

One of the common questions I get asked is how someone could sell their pre-loved bags.  Many of us bag lovers find that our fickle taste leaves us with bags that we use a few times and then sits in our closet.  Now if the bag isn’t valuable, most of use will donate or give them away, but what to do if the bag cost us a pretty penny?  Here are a few options.

Consignment stores are an easy way to sell your pre-loved bags and other clothing items.  Most consignment stores will take a 50% cut from the sale of the item for doing most of the work to sell your items.  This isn’t always the best method if you have a specific price in mind that you want for your bag.  Say you have a high-end bag that you bought for $1500 and you have barely used this bag, so you want to sell it.  You think that you would like to get $800 for the bag, but if you take it to a consignment store, they would have to sell the bag for $1600 for you to get the $800.  Not really a great deal.  So what are your other options?

eBay has been a popular site for selling and buying pre-loved bags.  But over the past few years, I have heard too many horror stories about sales gone wrong.  There are also so many fakes on eBay being sold as real, and this has really hurt those selling authentic designer bags.  I have used eBay in the past with no problems and I probably still would if I didn’t know about the new options available.  Always check the seller’s or buyer’s reviews before you complete a transaction with them.  This isn’t a foolproof way of making sure you won’t get ripped off, but at least you have a good idea if they have a good reputation.  If the bag is worth over $100, I always recommend insurance and tracking of the package.  Also, always use PayPal because payment through them will  give you some recourse if something does go wrong.  Not always to your favor, but at least it’s something.

Bonanza is a newer site that allows the seller to set a price or accept a best offer.  This site has become a favorite of bag sellers since it is easy to use, the fees are better for the seller, you can have multiple items listed with no expiration dates, and you can transfer items and reviews from eBay.  Fakes are also a plenty on Bonanza, so use caution.  Always check reviews and use PayPal.

Copious is also a new site set up to sell pre-loved items.  This site seems to be popular with fashion bloggers and you can even follow them and see what they are selling from their own collections.  You can also follow friends from Facebook to see what they might be getting rid of from their closets.  This site is a happy blend of handmade items and nice used items.

Threadflip is another site that just launched a month ago and this site seems to be another favorite of fashion bloggers looking to clean out their closets.  I have found that this site has higher end clothing and bags.  They also offer a White Glove Service for those of you wanting to send your items to them to photograph and list for you.  Nice!

There are so many options out there on how you want to sell or buy a pre-loved bag, but you still have to watch out for fakes.  These days the fakes are good, really good.  My sister works for a major designer in New York City and she tells me how the fakes are so good now, even the boutiques have a hard time telling the difference.  So how do you know if you are buying an authentic Gucci?  My favorite resource for you purse fanatics is The Purse Forum.  This is a forum that you will have to register to post and ask questions, but it is a wealth of information.  TPF is well-known with purse collectors and there are individual forum threads for all the major high-end as well as contemporary designers.  Within each of the brand forums, there are “Authenticate This” threads where people looking to buy a purse on eBay or one of these other sites can post the questioned item they are interested in and these amazing women help tell you if they think it is authentic or a fake.  Now, these women on the forum don’t work for these brands and are in no way experts, but they are knowledgable collectors and are usually right on the money.  Warning!  Do not try to sell your bags on TPF or promote your sale on any of the threads.  This will get you banned from TPF and they are serious about this rule.

I hope that this has been helpful for those of you looking to clean out your closet, or add to your collection.  Please let me know if you have any other questions about these options.  I have obsessed about bags for years, so at least through my store and this blog, I can be a resource for you ladies.  Have a great week!