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How to Save Money on Designer Handbags and Not Regret Your Purchase?

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Lots of women love designer handbags and want to accessorize their outfits with the perfect arm candy. But, designer bags are expensive for most. This article talks about the best ways to save money on your big ticket designer purse purchase. Learn how to save money while getting your hands on what you love. Also, it is important to consider if you really like the bag as opposed to following the current fashion trends. This article also talks about ways to not regret your designer bag purchases! This is a must read for all handbag lovers.


Buying European Designer Handbags in Europe

Almost all designer handbags come from heritage European brands. Naturally, it is cheaper to buy those bag from the native countries. Depending on the designer, the purse can be as much as 20 percent cheaper compared to here in the United States. However, it is not always feasible to buy in Europe because we have to go there first. If you are planning a vacation to any European countries, be sure to pick up the handbag of your dreams for a discount. On the other hand, you can always ask a good friend to help you buy the bag when they go to Europe for vacation. Make sure your credit card is free from foreign transaction fees. Don't forget to use the credit card with the largest amount of cash back. You will really save a good chuck of money.


Take Advantage of Tax Rebates in Europe

Don't forget to take advantage of the tax rebate offered in almost all European countries. The VAT refund ranges from 4 to almost 14 percent depending on the European country. Purchasing a premium brand handbag is another advantage that comes with an European vacation. However, upon re-entry into the United States, you have $800 exemption per person for tax and you have to report the rest of the amount. If you have two people, that's $1600 exempted from tax. It is always important to report the extra amount because the penalty is not worth the risk. Either way, you will be saving money on the designer handbag purchase in Europe even with the taxable amount.


Which Designer Handbags Hold Value?

Out of all the designer handbag brands, Louis Vuitton, Chanel and Hermès handbags hold their values much more than other luxury brands. However, not all handbags from these three brands hold onto their full retail value. Whenever you make a designer purchase and try to re-sale it later, it can always lose some value. This is unavoidable. Price is driven by demand and brand value. Louis Vuitton, Chanel and Hermès bags are high value brands that have strong images in the luxury community. Popular Louis Vuitton bags such as Pochette Metis, Palm Springs Mini and limited edition purses can go for as much as the retail price or more if the bag is in high demand. The Chanel Classic Flap bag is a stable for the house of Chanel and hold its value well on the pre-loved market. Hermès Kelly and Birkin are flagship bags from the luxury fashion house and they are always in high demand. These status and popular bags are must buys if you want your items to hold their value.

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The Luxury Pre-loved Market is Your Friend

What if the designer handbag you love is not from one of the three luxury brands that hold their value well? How about the pre-loved market? Depending on the condition of the bag, you can get a moderate to very good discount on the purse. However, going for a reputable second hand retailer is a must. There are lots of fakes and scammers on the market. Most average consumers are not able to distinguish the difference between authentic and fake. Well known second hand retailers have experts as staff to weed out the fakes. But their prices are higher than individual sellers. You should always go for reputable second hand retailers to avoid being scammed. Also, luxury communities online provide an excellent support on authenticating designer bags. Between these resources, you can buy the bag you love at a very good price.


Designer Brands' Outlets

When you don't want to purchase second hand designer purses but still want to save a significant amount of money, you should check out the luxury designers' outlets. If you live in a major city, one big designer outlet is probably nearby. Just remember that Louis Vuitton, Chanel and Hermès don't have outlet stores. These three brands only sell their products at full price. All the other designer brands push their older, not so popular and overstocked special purses to the outlet stores. However, it is easy to just buy the handbags because it's a lot less expensive than retailer. You really have to pick the bag that you love and want to use. Buying a designer bag that you don't really love at a cheaper price will not make you happy. You will most likely sell it in the future and lose money. It is even more important to consider what you are buying at the designer outlets.


How to Not Regret Your Designer Handbag Purchases?

Every time you regret a designer handbag purchase, you can lose a good chuck of money especially if the re-sale value on the bag is not that great. You should really take the time to think about the purchase before pulling the trigger.

  • Do you really love the handbag?
  • Will you love it for a long time to come?
  • Are you wanting the bag only because of current fashion trends?
  • What is your personal style and does the bag fit in with your style?
  • Is the bag going to match with your current wardrobe?
  • What is the main function of the designer bag?
  • How long have you been thinking about this purse? If they thought about a particular designer purse for a long time. Then, you most likely really like it.

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