For many of us, there’s nothing nicer than treating ourselves to a nice new designer watch or handbag. But keeping up with the latest trends can be expensive. And that’s why these days I like to shop online for pre-owned luxury goods, as I can often find the things I want at just a fraction of their original price!
Over the last few years, I’ve picked up some gorgeous clothes and handbags, stunning second-hand watches, and much, much more. And as I’ve always been over the moon with my purchases, I thought I’d share my top tips on buying pre-owned luxury goods online with you guys today. I hope you’ll find them useful.
01. Know the Original Price of the Item You’re After
The best place to start with any pre-owned luxury goods purchase is to do a little research into what the items would have been like when they were brand new. I always check things like the price of the item when it was new, what colours it came in, and whether or not it had any special stamps or marks on it to prove its authenticity. I also like to find out whether or not an item was difficult to get hold of at its original retail price. This is because buying pre-owned luxury goods can often set you up for a good deal, but if the item you want was very hard to get at the original retail price, you can expect to find a significant markup today.
02. Check Return and Authentication Policies
You’ll find that a lot of resale companies don’t have returns policies that are as generous as those of regular retailers. So I think it’s important to familiarise yourself with the rules of the site(s) you’re planning on buying from before making a purchase. Some sites only offer store credit for returns on pre-owned luxury goods unless an item turns out to be significantly different than described on the website, such as an under-the-radar fake. And for marketplace sites where pretty much anyone can sell their unwanted goods, return policies can vary from seller to seller.
03. Have Reasonable Expectations
Luxury shoppers expect a lot from the goods they buy. And so they should! I mean, what’s the point of buying high-end items if they’re going to be no better than the things you can buy in Primark for a tenner?! When shopping for second-hand goods, it’s important to remember that if you find the item you want at half its original retail price, it will probably show some signs of everyday wear and tear. For example, a designer handbag might have a scuffed bottom or a hardware scratch or two. If this sort of thing bothers you, then pre-owned shopping just might not be for you.
04. Look Out for Financing Offers
Many of the websites I’ve used for buying pre-owned luxury goods in the past have offered some sort of payment plan, with APR’s ranging from 0% right through to around 30%. These services can either make your purchase much more or much less affordable; so it’s important to make sure you read the small print before making a final decision. I’ve been wanting to buy Nathan a pre-owned Audemars Piguet from the kids for Fathers Day, but they are so expensive it’s unreal! I noticed that Xupes, one of my favourite resellers of pre-owned luxury goods, currently have a 0% finance deal on one of these types of watches, so I think I might bite the bullet and buy him one.
05. Trust Your Instincts
And finally, the most important thing to remember when buying pre-owned luxury goods online is to trust your instincts! If something seems off about an item or website, then it’s probably best to err on the side of caution and just avoid buying from there altogether. A quick Google search of the site you’re looking at will soon flag up any problems, as people tend to be quite vocal when they’ve received bad service or fake goods these days!
And there you have it, my top 5 tips for buying pre-owned luxury goods online. I hope you enjoyed reading them as much as I enjoyed putting them together. I’m thinking of doing a post on my top 10 places to shop for second-hand goods soon, so make sure you keep an eye out for that too.