Styles change. Needs change, but unfortunately the space in your closet hasn’t! You might be wondering, what to do with the closet full of used & like new designer handbags that you have collected over the years! Lucky for you we have an answer, turn them into cash! There are a variety of options to consider such as: sending them out to companies that will sell them for you (for a fee of course), post them on websites like Let It Go and Facebook Marketplace to sell them yourself, or bring them to a pawn shop like Empire Loan for Instant Cash. To make the decision process easier we have compiled a detailed overview for each potential route you might take:
There are online platforms & brick and mortar consignment sales channels that will do the heavy lifting for you. Certain online sites will buy your handbag outright or sell it on consignment for you. You send your unwanted handbags to them to be priced, posted and sold but then you’re done. The good news is they take care of everything. You do pay a fee (upwards of 50% or more on certain sites) but they take care of the details for you. The issue is you don’t know how much they may offer you before you send them your bag or how long it will take for them to sell it or even when they will “Show you money”.
This is where you may be able to maximize your return. If you research the price your bag is selling for on the secondhand market, you can post it for sale on websites like eBay, Let It Go or Facebook Marketplace yourself. Aside from fees you may need to pay a site like eBay, you get to keep the all the money yourself. The downside is you don’t know how long it will take to sell it, you will need to prove authenticity and you need to deal with strangers. This is another example of “Seller Beware”.
Empire Loan is in the business of buying and lending on the value of your designer handbag & purses. The staff in any of Empire Loan’s 8 stores will be able to appraise and authenticate your designer Louis Vuitton, Gucci, Chanel and other designer handbags and pay you cash on the spot. They will determine what the bag sells for on the secondhand market and make you a cash offer in minutes. It may be less than what you may be able to sell it for privately, but there is no waiting, no dealing with strangers, no waiting for your money and no worrying about disgruntled customers. You agree on a price, they pay you cash and you are done. Quick and Simple.
For questions on items that we do or don’t accept please visit our “Accepted Items Page” for more information or contact us today via our convenient contact form or by calling in directly at 1-800-375-PAWN