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Many turn to online platforms when selling their pre-loved luxury bags as it’s undoubtedly one of the most convenient ways. But may fail to realise the cons that come with online reselling, such as encountering trolls simply looking to waste your time or unreasonable people asking for insane discounts. This is especially frustrating considering the hefty amount you’ve spent on your luxury goods—of course, you’d want to get the best offer. Well, we found an alternative to bypass the hassle that comes with getting the best online price for your past-season luxury goods.
Keep reading to find out how!
Get Good Prices for Old Luxury Items Without Low-Cost Reselling
Where to Sell Luxury Goods
Selling your pre-loved bags in Singapore requires choosing the right platform for the best price and smooth transactions. Here are several options explored in detail:
Consignment Stores
Auction Houses
Direct Sales to Collectors
Online Marketplaces
Best Way to Sell Luxury Items
There are several options to explore when selling your luxury items, so much so that it could be overwhelming when trying to find the one that brings the most value. However, amidst this array of choices, one stands out as tried and true: pawnbrokers.
Pawnshops are often staffed by experts well-versed in the nuances of luxury goods, offering appraisals that accurately mirror current market values. This expert insight is indispensable for setting a price that fairly reflects the worth of your items.
Moreover, the deep market knowledge they possess often enables them to extend offers that may exceed those available through traditional resale avenues. This recognition of the true quality of luxury items ensures that sellers receive appropriate compensation. The process with pawnbrokers is also marked by its efficiency, providing swift payment that is particularly appealing to those seeking prompt transactions, a stark contrast to the potential for delay encountered with other methods.
Additionally, the secure environment for transactions that pawnbrokers provide adds an extra layer of reassurance, mitigating the risk of fraud that is an ever-present concern with online sales. This safeguarding of the transaction process is especially crucial for high-value items, making the option of working with pawnbrokers a subtly superior choice in the intricate dance of luxury item resale.
Consign & Earn Programme
Maxi-Cash, the largest pawnbroking and pre-loved goods retailer in Singapore, has a new Consign & Earn programme, which you can make use of to get rid of your past-season luxury goods. All you have to do is entrust your goods to Maxi-Cash, and they will sell them on your behalf—easy-peasy! The best part? You won’t have to do any of the coordinating and arranging of meet-ups yourself as Maxi-Cash will do all the work for you.
Apart from giving you peace of mind, Maxi-Cash also promises impeccable care as well a high exposure so that your goods will reach the right customers that will offer you the highest returns. In comparison to selling your items on online platforms and second-hand stores where you may not get the best value, Maxi-Cash serves as the perfect alternative to get the best bang for your buck.
It’s such an easy process, isn’t it? In the case that your item doesn’t get sold after three months, Maxi-Cash will charge a low admin fee of $30, and that’s only $10 per month.
After the three months, you can consider extending the consignment or have it re-valued and trade it in with them for cash.
The Consign & Earn programme is great for those who want to sell their luxury items without having to spend too much time coordinating with buyers on their own. With 46 stores, your items will have access to Maxi-Cash’s loyal customer base islandwide.
Maxi-Cash will handle all the inter-store transfers professionally and with care, so you won’t have to travel anywhere else to transact your items!
If you are thinking of selling your luxury goods, do it soon as Maxi-Cash is waiving the $30 admin fee (if your item is not sold within three months) when you consign your items with them by 31 August 2020!
Head down to one of these Maxi-Cash stores to find out more:
Note that customers must call and fix an appointment with the stores before heading down to consign their luxury goods.
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