5 Reasons You Should Be Buying Pre-Owned Luxury Handbags from Luxury In Reach

Pre-owned luxury handbags are on the rise. According to a recent study from Vogue Business, nearly 70% of luxury shoppers are buying pre-owned luxury items, and nearly half of all luxury shoppers purchase pre-owned luxury items at least once per month. The study found that the rise is, in part, due to the Covid-19 pandemic and shoppers being stuck at home, but more than half of these shoppers say they plan to only buy more pre-owned luxury items as the pandemic subsides.

The study also found that handbags were the top, most popular luxury item to shop for pre-owned, followed closely by apparel and then small leather goods, like wallets. Top brands, according to Vogue Business, included Louis Vuitton, Gucci, Chanel, Dior and Prada.

So why all the love for pre-owned luxury handbags? There are quite a few reasons why this business has boomed, and even more reasons why this is a shopping trend you need to jump on, stat.

Reason 1: Luxury becomes suddenly “in reach.”

It’s all in our name: Luxury In Reach. Purchasing pre-owned luxury items puts new brands and designer goods easily within reach of your shopping budget. Sometimes, these are items that you never even thought you’d be able to afford. Or, you might find that instead of being able to afford one new luxury handbag each year, you can now afford two or three pre-owned luxury handbags per year.

And, even if your shopping budget isn’t an issue, purchasing luxury handbags at a pre-owned price is just good business. Well-loved luxury items retain their value (and sometimes even grow in value over time, especially where exclusive or one-of-a-kind pieces are concerned) and make a worthy investment.

Reason 2: Purchasing pre-owned is perfect for the environment.

As younger generations find their buying power and begin to purchase more luxury goods, they’re bringing with them a more sustainable sensibility. This means they’re keeping a greater eye on the environmental consequences of their purchases. While you can find many sustainable fashion brands out there, it’s often considered more eco-friendly to buy pre-owned, versus adding to fashion’s carbon footprint with a brand-new purchase.

If you’re looking to make your life a little more eco-friendly, then, you can’t go wrong with pre-owned.

Reason 3: You can more easily find specific, limited-edition items.

We already mentioned those one-of-a-kind, exclusive pieces as a reason to invest in pre-owned luxury items, and this plays into a greater reason to peruse your pre-owned luxury handbag options before automatically heading to your fav designer boutique. If you’re on the hunt for a past, limited-edition bag or accessory from a favorite brand, you’re likely not going to be able to find it in stores. The only way to get your hands on items like these? Purchasing pre-owned. Similarly, for those much-coveted bags that aren’t often available to the average shopper, such as a Birkin bag, you’ll find that they’re much easier to find pre-owned.

Reason 4: You can rest assured of quality when you buy with providers like Luxury In Reach

One question that everyone always has before they jump straight into the pre-owned luxury shopping experience is, “how do you know you’re actually going to get a quality item?” And it’s a great question! All too often, you hear horror stories of someone shelling out anywhere from a few hundred to a few thousand dollars, only to receive either a counterfeit item or an item that’s experienced way more wear and tear, and even outright damage, than the seller claimed.

However, if you work with a reputable provider like Luxury In Reach, you can be assured of bags that are heavily-vetted for authenticity, as well as bags that have been lovingly cared for over their lifespan. This is not the same as just bidding for a designer bag on eBay. You can purchase with confidence, knowing that our team of luxury fashion and retail professionals has thoroughly inspected and approved each item — in fact, we have a full process to ensure each bag is properly inspected. Our authenticators use a combination of their expertise knowledge and AI tech to examine each bag’s material, stamping, date codes, serial numbers and more, before it ever makes its way to our online marketplace.

Reason 5: You can resale your pre-owned item to buy even more pre-owned items.

If your luxury handbag budget has been a little scant recently, you might find yourself searching for ways you can afford your next fantastic handbag find — but once you become entrenched in the pre-owned luxury market, you’ll learn that it’s not at all uncommon for buyers to hold on to their new bag for only as long as they want it, and then flip it for a profit… allowing you to buy even more handbags down the line.

When you’re selling with Luxury In Reach, the process is incredibly easy. All we ask you to do is submit a quick online form with all of your item’s information, and then we provide an upfront quote based on the quality and condition of your bag. If you accept the quote, you can ship your handbag to us with free shipping and UPS pick-up included, and then our team works on approving and authenticating your bag (we look for any damage, including corner wear, tear, scratches, waterparks, discoloration and odors). Once your bag is approved, you’ll get paid in two to four business days.

It literally takes only minutes out of your day and we currently accept pre-owned luxury items from Chanel, Louis Vuitton, Hermes, Gucci, Dior, Burberry, Prada, Fendi, Balenziaga, Goyard, Celine, Cartier, Rolex and Van Clef.

What can you expect from Luxury In Reach?

So, yes, you can expect high-quality, real, in-demand, pre-owned luxury handbags when you shop with Luxury In Reach, and you can expect an easy and seamless selling process if you decide to send us your pre-owned bags. But what else can you expect from our online (and in-person boutique in Maryland!)?

Find not just pre-owned luxury handbags, but also trending pre-owned luxury handbags, from this season, from top designers, at amazing prices. Looking for just the classics? We have that, too, like this Chanel Classic Flap or this Louis Vuitton Monogram Speedy 40.

Not shopping for a luxury handbag at the moment? You’ll also find that we offer an array of pre-owned luxury jewelry and watches, for both men and women, from top designers such as Tiffany & Co, Cartier and Rolex.

So what are you waiting for? The world of pre-owned luxury is waiting for you. Start shopping!