Question # 2: Popularity - How popular is the bag? Take the Gucci Soho Disco bag as an example. Gucci bags never go on sale. Does that mean getting a used bag is a wise choice? Not necessarily. Since it's one of the most popular bags at the moment, the amount you save isn't significant (i.e: Gucci Soho Disco :: in used condition for $895 vs. brand-new condition for $995). I would rather spend another $100 and purchase a brand new bag. That takes me to the next question...
Question # 3: The savings amount - How much will I save? As a general rule of thumb, the asking price has to be at least 25% less than the retail price in order for me to consider getting a used bag (i.e: I would have to save at least $500 on a $2000 bag). The savings amount of course depends on other criteria such as condition, popularity and availability
Question #4: Availability - Is the bag I am looking for widely available? My Hermes Kelly is the perfect example. To obtain a Birkin or a Kelly, I've heard you have to spend over $10K per year to establish/maintain a relationship with a SA. I am sorry but I don't have that kind of money to spend on random things BEFORE spending more money on a bag. To me, going to pre-owned route is the perfect solution. There are enough pre-owned Birkin and Kelly bags out there that you can pick and choose what really makes your heart sing. Please keep in mind, you could be paying more for a used Hermes Kelly or Birkin than what they cost from a boutique (that's a whole different topic)
Question #5: Do your research - A pre-owned bag does not always come with a cheaper price tag. It's not unusual for consignment stores to jack up their prices. Take this brooch as an example. I purchased mine brand new from a Chanel boutique for $350. This brooch now listed for $695 in used condition. Why? because it's no longer available and they know it. Once you've done your research, it's now up to you if it's worth the hefty price tag.
There you have it. I hope you find this post helpful. If you have a handbag-related topic in mind and would like me to talk about, let me know in the comment section below. Have a wonderful weekend!