It is great walking into a boutique or visiting a brand website and having the money to splurge on a new designer handbag at full price. It can give a fantastic sense of entitlement and a wonderful feeling of being able to something a little bit decadent, just because you can.
But as sensible shopping goes it's probably not the best way. And very few of us can do this all the time! If you want to hunt down a good deal or search for a bag that you missed in a particular season, or can't find in your usual shops/retailer websites, then delving into the resale market is an excellent option.
Here are some tips.....
Check Return and Authentication Policies
Whether it’s a private sellers’ website or a resale company you are buying from, check what the return and authentication policies and arrangements are. With authentication, you should always demand this and expect to see it. Returns policies will vary and they are likely not to be as you might expect from a high street retailer.
Know the Original Price
Knowing what the original MSRP (Manufacturers Suggested Retail Price) or RRP (Recommended Retail Price) is of a particular bag is very useful. Check out specialist sites that give advice about typical resale values too for specific brands and designs. Some bags will fetch more than the original price and many hold their original value well - but you need to know this information before you start searching.
Be reasonable in your expectations
You need to be reasonable in what you can expect from the resale market. You could still be shelling out a considerable amount of money, so you should expect a lot - but where you see designer bags at fantastic prices, there might be a scuff or scratch here and there. You need to decide what is and what isn't acceptable to you.
Some resale sites offer financing options. The interest rates are likely to be pretty high, but it might be an option if it means that you can get your hands on that one special designer bag that you have craved for ages.