VAULT 101
How to Buy a Pre-Owned
Louis Vuitton Speedy
By The Rebag Team, Nov. 29, 2023
How to Buy a Pre-Owned Louis Vuitton Speedy
For generations, Louis Vuitton has established itself as a prominent French luxury brand that produces sought-after handbags, apparel, and accessories. While investing in a Louis Vuitton Speedy can be a substantial financial commitment, the secondary market can be a more cost-effective avenue to acquire this signature piece. Given that every Rebag item is expert-verified and white glove-inspected, you’ll always enjoy the peace of mind you’re looking for when making any investment and can instead turn your attention to finding the model, size, and material that’s right for you. In this article, we share our expertly curated tips on how to utilize Rebag’s annual Clair Report, Clair Codes, Trade program, and more to make an educated decision around your next Louis Vuitton purchase.
Choosing The Right Style For You
Selecting the right Louis Vuitton Speedy is a thoughtful process that should involve considering your personal taste, existing collection, and lifestyle. While the maximalist might prefer a Louis Vuitton X Yayoi Kusama model, those who value subtlety may instead choose a timeless damier iteration. Decide whether you’d like a statement-making style that will take any look to the next level or a versatile piece with minimalistic appeal. Next, consider the pieces you already own, as well as the clothes hanging in your closet, and whether you want to add a statement bag or an everyday essential to it.
Invest with Confidence
Anyone looking to make a significant purchase should have the peace of mind of knowing they’re making a sound investment. That’s why Rebag created valuable tools and services–the Clair Report, Clair Codes, and our Trade program–to give you the confidence to do just that.
The Clair Report
Named after our proprietary software suite known as Clair, or Comprehensive Luxury Appraisal Index for Resale, Rebag’s Clair Report uses millions of data points on primary and secondary market pricing, demand, and trends to investigate the value of brands on the resale market. Each year we share what our data reveals as the most worthwhile investments, the pieces to hold onto to maximize value, and the styles to sell now to earn better returns. The 2022 Clair Report tells us that Louis Vuitton reached Unicorn status last year, meaning their styles average 85% or more of retail price at resale. The brand held a 92% average retention value at resale in 2022.
Take a look at our latest Clair Report here.
Clair Codes
Clair Codes, Rebag’s proprietary tracking system, uniquely identifies styles by brand and model so they can easily be searched on our site. You can even track the value of most items over time; simply log into or create an account on Rebag.com and begin searching for a Louis Vuitton style within the “Sell” section of the site. After selecting the type, designer, model, and material (for example: handbag, Louis Vuitton, Speedy, Damier), click the ‘Follow’ button to track that item’s price in real time. You can then visit the “Followed Clair Codes” section of your account to keep an eye on an item’s pricing history.
For more in-depth information on how to track prices using Clair Codes, click here.
Trade Program
Rebag’s Trade program offers savvy consumers the best value towards today’s purchase when they buy and sell in one transaction, earning 15% more and in most states, enjoying tax benefits. For instance, you might be looking to upgrade your Louis Vuitton Speedy to a limited edition model. Instead of selling your item, waiting for payment, and then purchasing something new later on, with Trade you’re able to buy and sell simultaneously, only paying the difference. In addition, we offer free shipping and returns on orders over $500, making the process even more convenient.
A Trusted Resource
Our team of white-glove specialists thoroughly inspects and verifies every piece before they are listed for sale, and each item’s dedicated product page features an accurate, detailed condition description. Hence, you know exactly what to expect before purchasing. With our transparent, competitive pricing, you can also be confident you’re finding the best value. For those who prefer to inspect and try on handbags in person, we invite you to visit any of our retail stores to view our Louis Vuitton pieces up close. Additionally, our digital stylists are always on hand at Rebag.com to guide you through the selection process and find a piece that fits your unique style.
