No matter how much we’re willing to spend on our favorite luxury brands, there’s still something so satisfying about getting a good discount.
10 or 15 percent off a four-figure price tag might seem totally inconsequential to many, but savvy shoppers like ourselves know those savings really do add up over time. And boy, do we have a lot of time.
According to Morningstar Equity Analyst Jenna Sokolova, the investment firm predicts the designer resale sector could make up as much as 10 percent of the overall apparel and accessories market in the coming decade, which sounds like we should probably start preparing our budgets now.
It’s clear the growing world of luxury resale will continue to offer us deals on all sorts of pre-loved goodies, but with just a little research, we could be saving so much more.
I know we PurseBloggers are totally responsible with our spending (right?), but I just wanted to make sure we stay hip to whatever discounts are available to us, even the ones that aren’t so obvious.
Discounts for Students
Registering your accounts with your university email address is a great way to shave a few dollars off an item’s listed price. I recently saved an extra $20 off a pair of pre-loved Valentino shoes on top of the existing sale price from The Luxury Closet. (Maybe I should be getting my Master’s in Making My Legs Look Great instead of my current field.)
Here are a few my fellow brainiacs should consider:
- Farfetch: 10% off of full-priced items ($200 minimum), expedited shipping, and free returns.
- The Luxury Closet: 10% off or up to $60, depending on the item’s price.
- Vestiarie Collective: 10% off or up to $400 off, depending on the item’s price. This discount is only offered through the third-party site Student Bean. (See? I told you the discounts aren’t always obvious.)
- Rent The Runway: 25% off the monthly swap membership. That brings the membership price down from $89/month to $67.
Discounts for Youth
I guess resale sites can say they’re investing in the youth by helping them invest in awesome luxury goods.
I wish I knew about these before I got too old:
- Farfetch: The ‘Under 26’ discount gives you 10% off full-priced items. According to the website, it can also be stacked on top of sale-priced items for a limited time. You’ll still need to be at least 18 years old and upload a valid ID or passport to take advantage of this discount.
- The Luxury Closet: 10% off or up to $60, depending on the item’s price.
Discounts for Essential Workers
Essential workers deserve all the good things in this world, including these discounts:
- Farfetch: 10% off of full-priced items ($200 minimum), expedited shipping, and free returns. This discount applies to teachers/education professionals, healthcare workers, first responders, government employees, AND care & social workers!
- The Luxury Closet: 10% off or up to $60, depending on the item’s price. Only available to teachers, first responders, and healthcare workers.
Discounts for Military Members & Dependents
Shoutout to those who fight for our freedom so we can spend money on glamorous stuff. You’re also in luck if you happen to be a dependent of someone in the armed forces.
- The Luxury Closet: 10% off or up to $60, depending on the item’s price. There is no minimum spend limit. The discount is only offered to those in the UK, US, Canada, Australia, and New Zealand. It does not apply to dependents.
- Military Exchanges: Most military bases have stores or malls called “Exchanges” that offer tax-free shopping or military-exclusive pricing for service members and their families. There are exchanges for every armed forces branch, and they’re open to active, retired, or reserved service members (and their dependents), medal of honor recipients, active and retired Department of Defense employees, and civilian employees of the coast guard. My local Navy Exchange (NEX) sells vintage Louis Vuitton and MCM in-store and online, but you’ll have to check what’s available near you.
- MyBag: American service members can get 15% off of purchases from this site if they sign up via VetRewards. MyBag doesn’t carry super high-end bags but has a great selection of premium brands like 3.1 Phillip Lim, Tory Burch, Strathberry, See by Chloe, and Proenza Schouler White Label.
I’ll make sure to update this list if I find any more. Now get out there and save!
