The resale market for luxury handbags and accessories has exploded in recent years. Two of the biggest players in the space are Rebag and Fashionphile.
Both allow you to buy and sell pre-owned designer goods. But which one is better for buyers and sellers? Here’s an in-depth look at the pros and cons of Rebag and Fashionphile.
A Brief Comparison Table
Category | Rebag | Fashionphile |
Year Founded | 2014 | 1999 |
Selling Options | Direct buyout only | Direct buyout or consignment |
Selling Timeline | Payment in 1-2 business days | Consignment payout once sold |
Brand Selection | Mainly handbags, some accessories | Handbags, jewelry, accessories, vintage |
Authentication | Authenticity guarantee over $500 | Free lifetime cleaning/repairs |
Condition Ratings | Standardized 5-point scale | Standardized 10-point scale |
Pricing | Competitive, better on modern styles | Competitive, better on vintage/rare |
Inventory | Tens of thousands of items | Hundreds of thousands of items |
Shipping | Free 2-day shipping | Free 2-day shipping over $150 |
Mobile App | Yes | No |
Locations | Stores in NY, LA, Miami | Stores in CA, TX, HI, NV |
Overview of Rebag
Founded in 2014, Rebag is a relatively new entrant in the luxury resale market. But it has quickly become a leader through its tech-driven approach.
Key features:
![Rebag](https://comparemaniac.com/wp-content/uploads/2023/08/rebag.jpg)
- Sell and buy pre-owned designer handbags, watches, jewelry, accessories
- Free online selling, with free shipping and direct payouts
- Brick-and-mortar locations in New York, Los Angeles, Miami
- Sells items from brands like Chanel, Louis Vuitton, Hermès, Cartier
- Has mobile app and website with AI-powered pricing
Pros:
- Very quick and convenient selling process
- Higher payouts than competitors
- Large online inventory of pre-owned luxury goods
- Physical locations to shop in person
- Modern vibe and tech-forward business model
Cons:
- Doesn’t accept as many brands or categories as Fashionphile
- Smaller selection of very high-end and vintage pieces
- No option to consign items
- Higher selling fees than Fashionphile
Overview of Fashionphile
Founded in 1999, Fashionphile is one of the established veterans in luxury resale. It has earned a sterling reputation among buyers and consignors.
Key features:
- Sell and buy pre-owned handbags, jewelry, watches, accessories
- Free online selling, offline consignment, store credit option
- Large ecommerce selection and multiple physical boutiques
- Sells ultra high-end and vintage items from brands like Chanel, Hermès, Louis Vuitton
Pros:
- Very quick payment on sold items (1-2 business days)
- Low selling fees for higher payouts
- Enormous selection of luxury and vintage pieces
- Longstanding reputation as trusted industry leader
- Allows ecommerce and in-person selling options
Cons:
- Consignment process can be slower than Rebag’s buying model
- Ecommerce site not as modern-feeling as Rebag
- Less technology-focused than Rebag
- No mobile app
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Key Differences Between Rebag Vs. Fashionphile
- Selling Your Designer Items
One of the biggest differences between Rebag and Fashionphile is the selling process.
Rebag uses an online, direct-buying model. You request a prepaid shipping label, send your item in, and Rebag inspects it and makes an offer. If you accept, you get paid by direct deposit 1-2 business days later. It’s incredibly quick and convenient.
Fashionphile offers both direct buying and traditional consignment. With consignment, your items are listed for sale on commission, and you get paid once they sell. This has the potential for higher payouts but takes more time.
For quick cash, Rebag’s buying model is preferable. But Fashionphile gives you the consignment option for maximum possible resale value.
- Buying Pre-Owned Bags and Accessories
![Fashionphile](https://comparemaniac.com/wp-content/uploads/2023/08/Fassionpile.jpg)
Both Rebag and Fashionphile have extensive online inventories of pre-owned luxury items from brands like Louis Vuitton, Chanel, Hermès, Gucci, and more.
Fashionphile tends to have a larger selection, especially when it comes to very high-end, vintage, and rare pieces. They are known as the place to find elusive Holy Grail items like the Hermès Birkin. Rebag has a tighter focus on handbags, watches, and popular accessories.
Rebag’s website and buying experience feels a bit more modern and tech-enhanced. Fashionphile has a traditional ecommerce site. It’s less slick but provides tremendous search filters to find exactly what you want.
Ultimately, savvy shoppers should search both sites to track down their luxury finds.
- Authentication and Condition Ratings
Authentication and accurate condition ratings are crucial when buying pre-owned. Both companies have strong reputations for working with experts to authenticate every item. Their condition rating systems are standardized and clear as well.
For extra peace of mind, items over $500 from Rebag come with a lifetime authenticity guarantee. You can get free cleanings and repairs from Fashionphile for as long as you own an item.
- Prices and Value
In terms of pricing, Rebag and Fashionphile are generally in line with each other on comparable items. Both offer competitive pricing versus other resellers. Big factors in value are rarity, condition, and demand for particular styles.
Fashionphile tends to have the most value at the ultra-high end for rare heritage pieces. Rebag is very competitive for newer or more widely-available handbags and leather goods.
The best deals can often be found in Rebag’s sales section and Fashionphile’s promotions. Ultimately, due diligence across both sites is needed to determine the best price for any given item.
Also Read: Comparison Between Rebag and The RealReal
Frequently Asked Questions (FAQs)
With Rebag’s instant buying model, you can complete the selling process and get paid in just 2-3 business days. Just request a prepaid shipping label, send your item to Rebag, and they will authenticate and make an offer. Accept the offer and payment will be deposited directly into your bank account via ACH transfer 1-2 business days later.
Selling on Rebag is designed to be simple, fast, and secure:
Request a free prepaid shipping label from their website, Ship your handbag or accessory to Rebag (insured at no cost), Rebag authenticates your item and emails a final quoted price, Accept the offer and Rebag pays you by direct ACH deposit within 1-2 business days
Yes, 100%. Rebag employs expert authenticators who inspect every item. For extra assurance, they also provide a lifetime authenticity guarantee with every purchase over $500. If an item is ever proven to be inauthentic, you’ll get a full refund.
FASHIONPHILE states that it can take 3-5 business days for items to go through their authentication and processing. Once your items pass authentication, they will become available online in 1-2 business days. For consigned items, earnings are paid out each Wednesday for sales from the previous week.
Also Read: Comparison Between The RealReal And thredUP
The Bottom Line
Rebag and Fashionphile both excel at different aspects of luxury resale:
Rebag pros:
- Super quick and convenient selling and buying
- Tech-savvy approach with app and great website
- Competitive pricing, sales on modern and popular styles
Fashionphile pros:
- Larger inventory, especially high-end vintage pieces
- Long track record as trusted industry leader
- Flexible online or consignment selling options
- Great prices on heritage and rare items
For sellers, Rebag offers speed and convenience. Consignment with Fashionphile can yield higher profits on valuable items.
Buyers benefit by browsing both for the widest selection and best deals. Each company has strengths that make them leaders in the growing luxury resale market. Check them both out to find your perfect designer treasure!