Accessories - September 13, 2019

Your Guide to Buying and Selling Louis Vuitton

Falin Hakeem

Social Media Content Coordinator, StockX Bags

If you have ever owned a Louis Vuitton bag or are interested in buying one in the future, you’ve come to the right place. Both selling and buying may seem like an overwhelming feat, but don’t worry it’s simple – and we’re here to break it down for you. Here’s our fool-proof guide to buying and selling Louis Vuitton.  

Buying 

Like many of us, you’ve had your eye on a Louis Vuitton bag for as long as you can remember. You’ve saved up for that dream bag and now you want to buy it. It’s important to keep these things in mind when shopping on StockX.

 

1. Decide Your Budget + Style

It’s definitely possible to find the perfect Louis at a great price point – whether your budget is under $500 or over $1000 – and you know we’re always here to help. The amount you’re willing to spend goes hand in hand with the style you’re looking for, which brings us to our next point. Picking out what kind of bag you want can be overwhelming – we’ve all been there. Do you want something from Virgil’s Pre-fall collection? Perhaps a piece from Nicholas Ghesquiere’s Jungle collection? OR do you want a bag that has a classic Monogram or Damier print? Whatever it is you’re after, our large Louis Vuitton catalog has what you’re looking for.

Here’s how to find your dream Louis Vuitton bag or accessory on StockX:

2. Find the Bag

Search for the bag or accessory you’re after in our large catalog on StockX.  Once you find the bag you’re looking for and you see that it has an “Ask” or asking price, there’s two ways you can buy the bag.

3. Place a Bid

You can “Bid” on the bag at a price you’re comfortable with, which signals your intent to buy. You can also select the number of days until your bid expires (from 1, 3, 7, 14, 30, or 60). The seller then has the option to accept your “Bid.” If they’re happy with your “Bid,” the bag is yours.

4. Or Buy the Bag Immediately at the Asking Price Offered

If you don’t want to wait and feel ready to purchase at the asking price being offered by the seller instead of offering your own price, you can select “Buy” on the product page to immediately purchase the item.

Pro Tip: Even if a bag doesn’t have an active seller, you can always place a bid for it. This helps sellers know that there are interested buyers, and encourages them to list the bag that you’re after – an option only StockX offers.

5. Get the Bag

The seller will ship the bag to StockX so it can be authenticated and checked for condition. Once it all looks great, the bag then ships to you. The only thing left to do is wait – buyers will typically receive their items within 1 week of purchase.

Check out some of our most popular Louis Vuitton bag and accessory styles below:

 

Louis Vuitton Speedy Monogram 35 Brown

 

Louis Vuitton Neverfull Damier Ebene

 

Louis Vuitton Palm Springs Monogram Mini

 

Louis Vuitton Key Pouch Damier Ebene

 

Selling

You’ve had your precious Louis forever and now you’re ready to finally sell it. Here are important things to keep in mind when selling.

1. Find out how much your bag is worth

The handbag resale business can definitely get competitive. Make sure to do your research and find out how much your bag is actually worth so you can sell your Louis at the best possible price. We offer historical sales data on our product pages which you can access when you sign up on StockX.

2. Check Your Bag’s Condition

Your LV must meet our condition standards. Here’s our condition guide for reference.

3. Name Your Price

You can first “place an ask” to create a product listing at your own price. This simply means that you search for the product you’re selling in our vast catalog which includes over 15 of the top luxury designer brands including Louis Vuitton, Gucci and Chanel, and set a price (or “ask”) that you’re willing to sell your bag for.

4. Or Sell to an Existing Bid

If you see a “Highest Bid” on an already existing product page, this means that a buyer has already placed a “Bid” for this bag (the price they are willing to pay). You can “Sell Now” at the highest bid. Once a buyer’s Bid matches the price of the Ask you’ve listed, the transaction will automatically go through.

5. Ship Your Item

Sellers must ship out their items within 2 business days. StockX has in-house authenticators to verify whether or not your item checks out – so make sure you’re being an honest seller. For more about buying and selling bags on StockX, check out our video that will walk you through the process.

 

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