8 Best Places To Sell Used Designer Bags To Make Extra Money
Do you want to clear out space and sell your used designer bags? You can potentially make really good money selling used designer handbags!
Getting rid of your used designer bags can be a great way to make extra income. Whether you’re upgrading your collection, decluttering, or simply looking to cash in on valuable accessories, selling your designer bags the right way can make all the difference.
To successfully sell your old designer purses, handbags, totes, clutches, and more, it’s important to follow a few important guidelines and tips to get the most money possible and have the easiest sale.
This guide will walk you through everything you need to know to sell your used bags, including the best platforms, pricing strategies, and ways to maximize your earnings!
Where To Sell Used Designer Bags
Here are the 8 best places to sell used designer bags.
1. Rebag
Rebag is a popular site that allows people to buy, sell, and trade pre-owned luxury handbags. Their site includes luxury bags from brands like Chanel, Louis Vuitton, Gucci, Prada, and more.
The site makes the selling process as convenient as possible and even has an online tool that helps you find the value of designer bags. This makes the resale process transparent, so there’s more trust from the buyer to know that they are getting a good deal.
Plus, the company is known for having a positive experience for both the seller and buyer in the used designer bag market.
Rebag Fees & Payment:
- If you sell your bag directly to Rebag for a fixed price, they charge a 15% fee.
- If you choose consignment, Rebag typically takes a 30%-40% commission.
- You can get paid via direct deposit, store credit (for a higher payout), or check.
- Rebag also offers a Trade Program, where you can swap your bag for another and get an extra spending credit.
2. Fashionphile
Fashionphile is another popular luxury resale platform but has a few key differences from Rebag. On Fashionphile, you can find handbags, accessories, watches, and jewelry. You can also send your items directly to them for evaluation (such as at their Neiman Marcus service desks) and even have the option of selling through physical locations or selling online on their website.
This platform has been around since 1999 and has a strong reputation for having a wide variety of authenticated luxury items.
Fashionphile Fees & Payment:
- Direct sales have a 20% fee.
- Consignment sales come with a 30% commission for items under $1,000.
- Higher-end items may have a commission of up to 25%.
- Payments are issued via direct deposit, check, or store credit.
3. The RealReal
The RealReal is an online luxury consignment platform that is known for selling authenticated pre-owned luxury items. These items may include fashion, jewelry, watches, handbags, fine art, and even home decor.
The authentication process is strict and they make sure everything is real. They employ a team of experts who inspect every item before it’s listed for sale, and many items even come with a certificate of authenticity.
The RealReal is an online luxury consignment platform that is known for selling authenticated pre-owned luxury items. These items may include fashion, jewelry, watches, handbags, fine art, and even home decor.
The authentication process is strict and they make sure everything is real. They employ a team of experts who inspect every item before it’s listed for sale, and many items even come with a certificate of authenticity.
The RealReal Fees & Payment:
- Commission rates range from 30% to 50%, depending on the item’s value.
- Higher-value items can earn a lower commission rate, meaning you keep more of the profit.
- Payout options include direct deposit and store credit.
- You can ship your items using a prepaid shipping label or drop them off at an in-person store.
4. MyGemma
MyGemma is a luxury resale platform that is known for buying and selling used designer handbags, jewelry, and other luxury items. You can expect brands like Chanel, Louis Vuitton, Hermes, and more.
Every item is inspected for authentication before being listed on MyGemma. As a seller, you send your items to MyGemma for evaluation where they’ll then offer you either purchase options or consignment sales.
MyGemma Fees & Payment:
- Consignment model with a 20% commission on items sold.
- MyGemma often offers instant buyout options, where you can receive an upfront offer.
- Payments are made via bank transfer, PayPal, or check.
5. Facebook Marketplace
acebook Marketplace is a great option if you want to sell your used designer bags locally, however, you can also decide to ship your handbag to a buyer. If you want to get rid of your bags ASAP and don’t want to deal with shipping, Facebook Marketplace is a great option.
Posting and selling on Facebook Marketplace is easy and convenient. You need to upload pictures and a description of your used designer bag. There are no fees for selling on Facebook (if you meet in person and sell face-to-face there is no fee, but if you use Facebook’s services, then there is a fee), which is a major bonus.
Facebook Marketplace is a great option if you want to sell your used designer bags locally, however, you can also decide to ship your handbag to a buyer. If you want to get rid of your bags ASAP and don’t want to deal with shipping, Facebook Marketplace is a great option.
Facebook Marketplace Benefits:
- No selling fees if you complete the sale in person.
- You set your own price and negotiate directly with buyers.
- Great for quick cash sales with no shipping hassle.
6. eBay
eBay is a great option to sell used designer bags because you can reach people around the world who are looking for luxury goods (people buy all sorts of things on eBay too, so you can even just have casual browsers find your listing as well) to buy.
eBay is a great option to sell used designer bags because you can reach people around the world who are looking for luxury goods.
eBay Selling Options:
- Choose between auction-style sales or fixed-price listings.
- eBay charges a 10%-12% commission on sales, with payment processing fees also applied.
- Authenticity Guarantee: Your bag is inspected before reaching the buyer, reducing fraud risk.
- Payments are made via PayPal, direct deposit, or check.
7. Etsy
You may not have realized it, but you can sell used designer bags on Etsy. However, there are some important guidelines to keep in mind. Your items must be authentic and not counterfeit. If your items are fake, you can be banned from Etsy completely.
You’ll also need to accurately describe the condition of your used designer bag. Etsy buyers expect transparency from sellers, so be honest about signs of wear, damage, or imperfections.
Make sure to provide important details like the brand, model, dimensions, condition, materials, and any other special information the buyer may want to know.
If your handbag is older than 20 years, it could qualify as vintage and fall under Etsy’s vintage item category, which may get you seen by more people if they choose the “vintage” filter when searching through Etsy’s listings.
Etsy allows you to sell used designer bags, but there are important guidelines to follow.
Etsy Selling Tips:
- The bag must be authentic, and counterfeits are not allowed.
- Items over 20 years old qualify as vintage, which may increase visibility.
- Detailed descriptions and high-quality images help boost sales.
8. Vestiaire Collective
Vestiaire Collective is a global online platform for buying and selling used designer bags as well as high-end fashion including clothing, shoes, accessories, and jewelry. Every item is authenticated and pre-owned by brands like Gucci, Hermes, and more.
Sellers can list their items by sending them to Vestiaire Collective, where the employees check for authentication and condition. Then, the seller will have the option of selling directly through the platform’s app or website.
Vestiaire Collective is a global online platform for buying and selling used designer bags as well as high-end fashion including clothing, shoes, accessories, and jewelry.
Vestiaire Collective Features:
- Global audience of luxury buyers.
- Strict authentication process ensures trust.
- Sellers have the option to set their own prices or accept platform recommendations.
How To Get The Most Money When Selling Used Designer Bags
- Keep Original Packaging: Buyers prefer bags with original dust bags, authenticity cards, and receipts.
- Clean and Maintain: A well-maintained bag with no stains or odors will fetch a higher price.
- Choose the Right Platform: Different platforms have varying fees and audiences.
- Consider Timing: Sell when demand is high, such as during holiday seasons or fashion trends.
Best Ways To Sell Used Designer Bags – Summary
As you can see, there are many great places to sell used designer bags depending on how quickly you want to sell the item or how much money you want to make.
If you have the time, a bidding-style sale on eBay can earn you a good amount of money, especially if you have vintage pieces that are highly desirable but hard to find. Alternatively, you can clean out your closet and sell designer bags directly to an online marketplace for a hassle-free experience. It all depends on how much time you want to invest.
No matter where you choose to sell, following these tips will help you maximize your earnings and make the selling process smooth and profitable!
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