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LUXURY CONSIGNMENT Archives - All Things Luxury- The Luxepolis Magazine

All Things Luxury- The Luxepolis Magazine

Category: LUXURY CONSIGNMENT

  • Guide to Selling your Pre-Owned Rolex Watch

    Guide to Selling your Pre-Owned Rolex Watch

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    Looking to sell your Rolex watch that you have never worn, or you may have worn it every single day for the past 20 years but just need a change? Here are several valuable tips you should always consider before beginning the process of selling your pre-owned Rolex watch with Luxepolis.com!

    Packaging & Papers: Keeping the original box and certificates will increase the value of your watch when you want to sell it because they verify the authenticity, and buyers are interested in purchasing watches that come with the box and papers!

    High-quality Photos: When selling your Rolex online, always provide potential buyers with high-quality photos that clearly show the condition of the timepiece and details.

    Watch Condition: This is an important factor to consider when it comes to selling a Rolex. A watch in excellent working condition with no repair needed goes for a higher price.

    Models:  The model of your Rolex adds to the value of your pre-owned Rolex. The following Rolex models are sought after in the market and retain their value over time:

    Rolex Submariner
    Rolex Daytona
    Rolex President
    Rolex DateJust
    Rolex Date
    Rolex GMT-Master
    Rolex Milgauss
    Rolex Explorer
    Rolex Air-King
    Rolex Sea-Dweller
    Rolex Yachtmaster
    Rolex Cellini
    Rolex Sky-Dweller

    Pricing Your Watch: When it comes to selling your Rolex watch, the first thing to figure out is how much your watch is worth! At Luxepolis we consider the following factors to determine the appropriate price for a pre-owned luxury watch : Model and Serial Number, Condition and Market Value.

    Sell Your Rolex with Luxepolis here 

  • Wouldn’t it be nice to recoup wedding expenses on your designer wear?

    Wouldn’t it be nice to recoup wedding expenses on your designer wear?

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    Wedding season is all about glitz and glamour and we end up buying the most expensive of outfits and wear them only for a few hours, they keep languishing at the back of our closet.

    Today’s brides are being practical and are willing to part with their Sabyasachi saris and Manish Malhotra lehengas to recoup some of the cash! On the other hand, more and more brides are considering buying pre-owned designer outfits for their own weddings that have been worn briefly at a fraction of the price!

    In our mothers’ generation, everyone wanted to keep their dress for sentimental reasons and with hope that one day their daughter would wear the same outfit for their wedding. These days, girls want someone else to enjoy it — much sooner than a possible future daughter would. Trends change quick and the outfits lose their charm overtime and are never worn again. What’s more, brides who plan to resell their dress can therefore stretch their budget farther since they would get a big chunk of that investment back!

    So once the functions are over, the pictures have been taken and the dance floor is cleared, wouldn’t it be nice to recoup some of that cash? Of course it would. Luxepolis.com helps you list your designer wedding wear to make space for new things in your closet!

    Here are a few tips of for listing your pre-owned precious outfits:

    • Sell it within six months
    • Store your designer wear in temperature and humidity controlled environments, protected by moths and other fabric pests.
    • Be mindful of sequins or embellishments that can catch on the delicate fabrics of other garments sildenafil generique
    • Check the label, and follow care instructions.
    • Get them dry cleaned by a company that specialises in delicate fabrics.
    • Keep proof of purchase – The value of you vintage and designer items will be higher if you provide original tags.

    Sell here

    Picture Courtesy: Sabyasachi Official

  • Get Started on Luxépolis Today!

    Get Started on Luxépolis Today!

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    New to Luxepolis? No Problem! Selling on Luxépolis is easy, quick and simple. You are sure to get hooked on.

    How It Works

    1. List Your Products for Sale

    Start by taking a few pictures and filling in a few details of a luxury or premium product that you love but you don’t use it any more. For example:
    A pretty lehnga you wore for your cousins wedding.
    A designer handbag that is a bit too big for your style now.
    A designer shoe that still has its tags in place but the heel is a slight much for your comfort.
    A designer watch that was gifted to you but it doesn’t match your taste.
    List your item on Luxépolis for sale, its simple, easy and free!

    2. We Take Care Of Everything

    Luxépolis takes care of everything! We encourage you to consign the goods so we can fasten the process once the sale is made. Incase you choose to only list and not consign the goods, the team will contact you when the sale is made, we will send the pre-paid label to collect the product and will take care of everything. Right from refurbishing to shipping.

    3. Earn

    You can earn upto 89% of the sales proceed once the product is sold. The money is deposited directly into your account after 3 days of the buyer receiving the product and incase of no returns.
    Here’s how our fees work: When you make a sale you receive 89% of the sales proceed for items priced at one lac and above, 80% of the sales proceed for items priced at rupees twenty thousand and above and 70% for items priced at rupees five thousand and above. For items priced below rupees five thousand you receive 80% of the sales proceed minus the refurbishing cost.

    Once you list on Luxépolis and see how simple and quick it is, you will Sell. Shop. Repeat and always love your updated wardrobe everyday.

    Why List On Luxepolis?

    1. The Widest

    We accept over 500 luxury and premium brands across categories.

    2. The Quickest

    List quick in 60 secs and anonymously.

    3. The Best Return On Investment

    We market to the correct audience so that the merchandise sells faster and you get the best returns.

    4. Hassle-Free

    We take care of everything: Shipping, Returns, Authentication, Refurbishing and Customer Support.

  • 5 Tips For Selling Your Designer Bags

    5 Tips For Selling Your Designer Bags

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    1. Invest in the right bag

    The safest pieces to invest in are the classic styles and shapes that are already proven, they stand the test of time and will always be in demand, focus on brands like: Chanel, Hermès, Louis Vuitton and Dior.

    2. Take Care Of Your Bag

    Put away the receipt somewhere safe, store your bag in the dust bag and box it came in to maintain the shape and colour of the bag, the original packaging will also make it more appealing to a buyer. Protect it from direct sunlight, water ​and stains. Keep a plastic bag filled with baking soda inside your handbag to avoid odour.

    3. Take Good Photos

    The sale of a pre-owned bag is solely based on the photos used to present it. ​Take pictures of your bag against a white background
    in natural daylight.​ Use multiple pictures from different angles ​- ​front, back, side, a photo of the interior and key detai​ls​ including the labels​ to prove its authenticity, don’t leave out stains and damages.

    ​4. The Right Price​

    Get a quote from Luxepolis.com to check what similar brands and sizes with the same condition are going for. If your handbag is in great condition, take the original price and mark it down between 5-15% per year. If the handbag has scuff marks and obvious wears and tears that are hard to fix or repair, mark the price down to around 30-50%.

    5. Sell At The Right Time

    To give your bag the best chance of selling, always take season into consideration. Generally white or light coloured bags sell better in spring, and darker or neutral coloured bags in winter.

    Sell on Luxepolis.com here

    Picture Courtesy : www.lily-like.com

  • No GST on Pre-Owned Goods

    No GST on Pre-Owned Goods

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    As per rule 32(5) of the Central Goods and Services Tax (CGST) Rules, 2017, t​he buying and selling of second-hand goods will not attract Goods and Services Tax (GST) if sold at a price cheaper than the purchase price.

    According to the Margin scheme if the value of the pre owned goods are negative and are sold at loss then tax is not payable. Rule 32(5) of the CGST Rules is a special sub-rule for the person buying and selling second-hand goods (for instance used cars, television and mobiles).

    “​T​his has been done to avoid double taxation on the outward supplies made by such registered person since such person operating under the Margin Scheme cannot avail input tax credit on the purchase of second-hand goods,” the Finance Ministry said in a statement schweizer-apotheke.de.

    Picture Courtesy : fortunedotcom

  • It’s Not A Splurge, It’s An Investment

    It’s Not A Splurge, It’s An Investment

    Good news, ladies! You no longer need an excuse to buy your dream bag, experts have said that luxury handbags can be a much better investment than the stock market.

    Whether you’re looking for the highest resale value or just ready to check off a dream from your bucket list, the below five brands should be your go-to that’ll hold at least 85 percent of its value if you choose to resell!

    Hermès

    Hermès bags are distributed to the boutiques on unpredictable schedules and in limited quantities, creating artificial scarcity and exclusivity. The record-breaking Birkin, is extremely stable in price and will even earn you money over time. At this moment, most Birkins sell for far above their retail price.

    Shop Hermès

    Louis Vuitton

    The Louis Vuitton Neverfull is in the top 5 bags with the best resale value. It really doesn’t matter if you’re selling the Monogram or Damier version, this versatile bag remains popular and timeless! Louis Vuitton classics are always a good choice and they sell FAST!

    Shop Louis Vuitton

    Chanel

    Chanel’s iconic Flap Bag has increased in value ever since it’s inception, these constantly rising prices make it easy to resell the bag for the same price or in some cases even more.

    Shop Chanel

    Cartier

    Cartier love bracelets are the item of choice because of its classic charm that simply never goes out of style.The Love collection by Cartier, available since the 1970s, shows the iconic symbol of love and romance. Due to their classic and timeless charm, the bracelets and rings are in heavy demand all over the world.

    Shop Cartier

    Rolex

    Rolex has a wonderful heritage, including an impressive list of celebrities and VIPs that wear and have worn Rolex watches, has a high level of recognition, and is widely available. It seems that the right mixture of these ingredients make most Rolex watches increase in value over time.

    Shop Rolex

    The safest pieces is to invest in are the classic styles and shapes that are already proven, because they stand the test of time and will always be in demand!

    Picture Credit: www.kayture.com, agirlastyle.com, afamilycdn.com, afamilycdn.com