How to Pawn or Sell Handbags for Quick Cash

February 04, 2020 - Clothing, Accessories and Handbags

Wondering how to pawn or sell handbags? If you’re in need of some cash, we understand.

Hard times fall upon all of us, whether it be a health emergency, big house move or needing to pay off some credit card debt. Pawning or selling your designer handbag can get you a decent chunk of cash.

Whether you are trying to pawn a Louis Vuitton purse, Gucci, Chanel, Dooney & Bourke or a Michael Kors purse, we have you covered.

At PawnGuru, we’ll help you pawn or sell handbags for the most money possible. We’ll also let you in on a quick process that allows you to get instant offers on your handbag to see how much you can get for a designer handbag at pawn shop near you.

Read on to learn how to pawn or sell handbags for quick cash.

How to Pawn or Sell Handbags: the Preparation Process

The preparation process for pawning or selling handbags is simple and involves three steps: removing your items from the inside, cleaning it and finding evidence that your handbag is legitimate.

Remove Items from the Inside

Before you pawn or sell your handbag, you need to remove everything from the inside. People want to by handbags for used prices, but they don’t want to feel like they are buying a used handbag. Additionally, leaving your personal items in the bag by accident can cost you.

Clean your Handbag

Make sure you wipe off any dirt from the external surface of your handbag. You want to be particularly careful with designer handbags because you can easily ruin leather and suede if you use a cleaning solution not meant for those types of materials.

The inside of your handbag is just as important. This is where everyone wants to store their personal items like their phone and makeup, so you’ll want to make sure you clean the inside as well. Don’t leave any makeup marks, food crumbs, etc.

Prove Handbag Authenticity

When you originally purchased your handbag, it should have come with some sort of card or certificate of authenticity. If you have that, bring it in to the pawn shop with the bag. If you don’t, try to find the receipt. It might take the pawnbroker a longer time to appraise your handbag if you don’t have proof of authenticity.

How to Pawn or Sell Handbags for the Most Money Possible

If you want to learn how to pawn or sell handbags for the most money possible, the first step is following the steps in the section above. Then, you need to know about how to use PawnGuru.

Follow the steps below to learn how to get the most money for pawning or selling handbags near you. This will help you avoid going from pawn shop to pawn shop to see who accepts handbags and who will offer the highest bid.

  1. List your handbag on PawnGuru— it’s free, quick and easy.
  2. Wait for offers to roll in online from nearby pawn shops
  3. Accept the highest offer (no obligation)
  4. Enter the pawn shop with your handbag
  5. Finalize the transaction
  6. Walk out with cash in hand

If you sell your handbag outright, the process ends there. But if you are pawning your handbag, there are some extra steps involved. Basically, you will need to pay the money back (plus interest and fees) by a certain date—usually within 30 days. You will get to discuss this with the pawnbroker while you’re at the shop and before you finalize the transaction.

If you don’t pay your loan back in 30 days, the pawn shop gets to keep the purse. This is a pretty straightforward process and it enables you to get cash in hand today, unlike many other means of selling your handbag.

David Stiebel

David Stiebel is one of the cofounders of PawnGuru. David was educated at MIT, where he studied Math. He subsequently worked at Bain as a data scientist before starting PawnGuru in 2015. He started PawnGuru to build a better tool for pawn shops and consumers to connect.

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