Hand Over the Bag: 17 Best Places to Sell Designer Handbags for Cash
Updated on: by Olivia
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Do you have a thing for designer handbags? Is your closet full of them, but your bank account is quivering at E for empty?
If so, you are not alone. Many women have this very problem. If you are looking to make room and have some extra cash for the new latest fashion designer handbags, you’ll want to listen right up.
There are many ways you can profit off these handbags. Many places where you can sell your handbags for top dollar! You heard that right, top dollar.
Sit back, and buckle on up, buttercup. We are going on a crazy roller coaster journey that will consist of purging those coach purses AND making you some serious cash.
Sell Luxury Handbags Near Me
There will be a few different ways you will be able to sell your luxury handbags in your area. However, you will need to put in the time and effort, to ensure you will be making the most out your transactions.
Yes, a heavily looked after place is typically the consignment shop. Consignment shops are great for a variety of things, especially selling your luxury designer handbags.
It’s always worth a shot to try out your local consignment shops. You will want to keep in mind that the large chain shops (listed below), while they are still great to use, they may offer you less money than if you were to sell them online by yourself.
However, they are also great because you no longer have to
- Wait on your money
- You don’t have to ship anything
- No email tags
You can literally walk in, sell your handbag, and walk out with your hard-earned money. What’s easier than that?
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When selling anything, Plato’s Closet always comes to mind. Plato’s Closet has stores all over the United States.
Plato’s Closet will pay you in store for your designer items.
Just like Plato’s Closet, Buffalo Exchange is another reputable consignment shop. They also have stores all over the United States.
Buffalo Exchange will purchase your handbags and seasonal items. You will receive cash onsite when you drop off your items.
Crossroads Trading also has stores throughout the United States. You can either send your items to the store by snail mail, or you can stop in at the store.
Crossroads Trading also gives you the option to trade your items for other items.
Fashionphile can only be found in San Diego, San Francisco, and Beverly Hills. You can stop by to cosign your handbag.
You will need to either fill out your details online or talk to an associate inside Fashionphile.
You will typically receive anywhere from 50% to 70% of the retail price of your items.
A Second Chance
A Second Chance has been in business since 1993. A Second Chance has two locations in New York City.
If you are wanting to sell your handbag to them, you will need to contact them through their website.
Other Local Places
If you are in an area where there is none of the consignment shops above, you will want to do a quick search to find out what local consignment shops are in your area.
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Also, don’t forget there are pawn shops that would be happy to purchase your luxury designer handbags too. Especially, if you are looking to make cash fast.
You will want to keep in mind that pawn shops will not give you the best return on your items, whatsoever.
Best Way to Sell Coach Purses for The Most Money
If you are looking to make the most money for your Coach and other designer handbags, you will certainly want to look in these places.
They have consistently been offering more money for used luxury handbags than the other places.
Bag Borrow or Steal
Bag Borrow or Steal is operating just like the name. Customers can either borrow or buy from the companies’ collection.
Bag Borrow or Steal handles consignment and direct buy, which is going to allow you, the customer to instantly receive your payment right then or there or after your purse gets sold.
However, keep in mind, if you want to borrow, you can. They offer rent on a monthly basis.
Rebagg is kind of like Gazelle for luxury designer handbags. You will need to create a free account.
After creating a free account, you will then list your items that you are looking to sell. Rebagg will then send you offers for your items. This is where you can either accept or reject them.
However, if you accept them, you will get a prepaid shipping label to send your handbags to Rebagg for payment.
Tradesy is very similar to Poshmark in many ways. Tradesy is where you can find and list items such as
- Fashion accessories
Tradesy is just a platform for you to sell your items on. Tradesy will help you through the process all the way to you shipping the item out to your buyer.
Tradesy is a good place, if you have time to wait for buyers.
Cash in My Bag
Cash in My Bag is a place where the company will purchase your handbags. Cash in My Bag buys all kinds of bags including evening bags, totes, clutches, and much more.
You can expect to get a quote on your handbag usually within 24 hours.
Yoogi’s Closet is like many of the other companies that will ask you a few questions about your product and give you a quote within 2 days.
You will then ship the items at no cost to you. The company will inspect your items and then they will either do a consignment payment or they will direct pay you.
SnobSwap is a little bit different. You will be working with a consignment boutique in your area to finalize the sale.
Poshmark is probably one of the more popular places. You will need to download the app. Once you download the app, you will be able to list your items.
You can list your own prices. Once it sells, you can ship the item off to the buyer. It’s a pretty simple and painless process.
Thredup is one of the largest online consignment thrift stores.
Threadup will take all sorts of items. They will inspect it for quality and resale value. Threadup also offers a return kit for the items that will not be listed.
More Best Places to Sell Designer Handbags for Cash
We gave you a ton of places that you can sell your designer handbags for cash so far, but that’s not all. There are still many more places you can check out.
If time is not a problem with you, then you will want to try and sell your used handbags on these following sites:
- Facebook Marketplace
Read More: Want Cash in on Your Hobby? Here are 38 Places to Sell Handmade Crafts Online
How to Price Your Bags
While you are thinking about selling your handbags, it can be hard to think of a fair price.
Just because you bought a handback a few years back for $2000 doesn’t mean that it’s worth $1800. You must price it accordingly.
The best way to price out handbags is to look at eBay’s completed listings. This is a gold mine of information. This will show you what the bags are realistically selling for, so you can price accordingly.
How to Check eBay’s Completed Listings
If you are new to eBay, or don’t know how to check out their completed listings you’ll want to follow these simple steps.
- When you are on the home page, you will want to click ‘advanced’
- Tick the ‘completed listings’ option
- Click ‘search’
Viola! You will get to see what items were recently sold for what price. Use this tool to your advantage. This can save you a lot of time. It’s well worth the little bit of research you have to do.
Tips for Maximizing Your Earnings Per Handbag
Of course, you can price accordingly, but if you don’t also follow these tips below, you may not be getting any bites on your listings.
You will want professional looking photos. This means, you will want a lot of natural light. You will need to find a perfect place in your house or even outside to stage your photos.
You will also want the area you are taking photos in clean. You don’t want garbage, personal items, or any filth around or in the photos that you are taking.
Photos is what will sell your item more than anything.
Give a Detailed Description
Another thing you will want to think of is your description. Your description doesn’t need to be a novel, but it should give all pertinent information a buyer will need.
What color is it?
What is it made from?
What are the dimensions?
Was it from a non-smoking home?
Was it from a pet-free home?
All these questions should be answered when you sit down to write your product description.
Display the Authenticity of the Item
When you are listing any sort of designer item, you want to know if it is authentic. You don’t want to pay an arm and a leg for knock-off right?
Well, when you are selling, you should show the logo and the authenticity of the product. You will want to take up close photos of everything that makes the bag authentic.
Selling your handbags can earn you a good chunk of change. However, depending on how you sell them, it can be an easy process, or it can be a little bit more complicated.
However, you choose to handle it, just remember you can choose going to pawn shops, consignment shops, or selling them yourself.
Your possibilities are endless.
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