Should You Buy Luxury Handbags at a Pawn Shop?
The resale luxury market is sizeable (estimated at $25–30 billion in 2022 according to BusinessWire), and surging. This growth is thanks in part to the explosion of specialized digital trading platforms that focus on luxury. This leads many consumers to ask themselves, ‘Where should I buy a pre-owned luxury handbag?’.
Kelowna’s discerning luxury customers shop with us for selection, value, and sustainability. Our handbag customers love the ability to stop by and try on handbags from the brands they love—Louis Vuitton, Chanel, Hermes, YSL, Gucci, and more. They also love our layaway program!
Do you still have questions about pawnshops in Kelowna? Here are three helpful tips:
- Word Of Mouth and referrals: Just like you do with other businesses, when you’re looking for a pawnshop, it’s a good idea to ask your friends and family about their recommendations. You can also check out Google and other online reviews. You can also verify their membership in industry trade associations as well as professional organizations like The Pawnbroker Network.
- Ask about their authentication processes: A reputable pawnbroker is likely to be more than willing to walk you through the process that they use to verify the authenticity of luxury items. While their experience and expertise is important, they will also use technology and other tools. Ask about the credentials and training of their team, such as completing GIA training. Ask if they use technology and testing equipment. Finally, ask whether or not they stand behind the items that they sell.
- Trust your gut: In the end, people do business with people that they know, like, and trust. Pawnbrokers are men and women just like you who work in a fascinating industry that has been around for thousands of years.
At Premier, you deal with experts. We guarantee the authenticity of everything that we sell, including a full line of luxury purses and accessories. Our team is trained by the Diamond Council of America and the GIA (who invented the modern diamond grading system). We are Kelowna’s only vault-secured pawn shop. We are Better Business Bureau rated A+ since 2002. You never need to search for a ‘pawnshop near me’ to upgrade your pawn shop experience!
We believe that buying a pre-owned luxury handbag from us is the smartest and most sustainable choice and we’d love the opportunity to earn your business!