If your goal is to save more money, then you’re probably looking for ways to cut your monthly budget wherever you can. Obviously, some monthly expenses are non-negotiable, like rent or food. But with other areas, like clothing, it’s easy to find ways to cut your spending.
One of the easiest ways to cut down on your monthly clothing budget is by taking advantage of online consignment shops. These stores give you access to various clothes at a fraction of the cost you’d pay to buy them brand-new.
An online consignment store isn’t just a great way to save money on clothes. It’s always an excellent way to earn some extra cash by selling items you don’t need anymore. So it’s truly a win-win all around.
The 9 Best Online Consignment Shops
If you’re just getting started using online consignment stores, there is no shortage of options available. Here are the 9 best online consignment stores you can try.
ThredUp is an online thrift store and consignment shop. It’s a great option for anyone who wants to buy and sell gently used clothing from brands like Lululemon, Gap, and J Crew.
The site offers some of the best deals out there, and you can find clothes for up to 90% off retail prices.
A highly trained staff at ThredUp authenticates all name-brand clothing and weeds out fakes. Items that aren’t used are donated.
If you’re interested in selling items on ThredUp, you can use the payout calculator to estimate how much money you can expect to receive.
If you send the items in and find that you’re not happy with the payment they offer, you can request to have those items returned. But you will have to pay a small fee to do so.
Poshmark is another site that is designed for anyone who wants to buy or sell designer clothing. It is a bit different from traditional consignment shops because sellers manage their own listings.
If you’re interested in selling items on Poshmark, you’ll take the photos, upload the descriptions, and choose a selling price. This often ends up being a better deal for sellers because they get to keep more of the proceeds.
If you’re interested in getting started with Poshmark, you can download the company’s free mobile app and create your account.
TheRealReal is a great option for anyone who wants to buy designer fashion and high-end clothing at a discount. You can find clothing, jewelry, and designer handbags from brands like Gucci, Chanel, Louis Vuitton, and more.
If you’re interested in being a seller, you can start by viewing the company’s designer list. From there, you can ship your items directly via UPS. Sellers get paid by direct deposit, check, or site credit.
If you’re looking to sell high-end jewelry online, Worthy will be your best bet. It’s an online auction site for fine jewelry and luxury watches.
You’ll get started by having your items authenticated. Then, you can ship your items for free via FedEx, and they’re insured for up to $100,000. From there, the company will clean, photograph, and grade the items.
Once the item has been valued, you can schedule your online auction. You can get paid via PayPal, bank transfer, or check.
OfferUp is a great option for anyone who wants to buy or sell items locally. You simply download the app and then post your item on the site. Local buyers will then use the app to search for products and contact you if they’re interested.
Local sales mean that sellers won’t have to deal with shipping fees, and buyers can find gently used items for up to 90% off the retail price.
6. Vestiaire Collective
Vestiaire Collective focuses on reselling luxury men’s and women’s items. The site caters to a global audience and gives sellers a couple of different options.
If you’re interested in selling items on Vestiaire Collective, you’ll start by sending photos and a description to the site. Once your items have been approved, the company will list the items on their site.
Once a sale is finalized, you’ll send the item to the company for authentication. From there, the item is shipped to the buyer.
Mercari is the go-to website for buying and selling all sorts of used items, including clothing. Buyers can find great deals up to 70% off, and over 150,000 new items are added to the site daily.
One benefit to sellers is that the site makes it easy to share your postings on social media. And you can list your clothing on the site for free.
All parents know how quickly kids outgrow their old clothes. Kidizen is a great option for selling old clothes and finding new clothes at rock-bottom prices.
However, Kidizen isn’t your typical online consignment shop. Instead, it operates more like a marketplace for used children’s clothing.
As a seller, you’ll set up your own virtual shop and upload the photos and clothing descriptions yourself. This gives you more options for how much money you can earn.
Anytime you’re discussing the best places to buy or sell used items online, eBay should be part of the discussion. To this day, it’s still one of the best options available for selling or buying used clothes.
Obviously, eBay isn’t a consignment store in the traditional sense. But buyers can find tons of affordable clothing on the site. And as a seller, it’s hard to find a better option than eBay since it’s still the number one place many people turn to for discounts.
And the eBay app makes it easy for new sellers to get started. You’ll simply upload a few photos of the clothing and item descriptions, then wait for potential buyers to start bidding.
How We Chose the Best Online Consignment Stores
When researching the best online consignment stores, we looked at numerous factors such as customer reviews, reputation, ease of use, size of user base, selection, and customer support.
Frequently Asked Questions
What is an online consignment store?
Online consignment stores are online resale platforms that allow users to buy and sell gently used, high quality clothing from premium brands. You can often get up to 90% off the retail price by buying secondhand clothes at online consignment shops.
Why sell at consignment shops?
Consignment shops offer a convenient and cost-efficient way to purchase gently used items at a fraction of the cost of buying new. They also provide sellers with an easy way to make money by selling unwanted items without the hassle of hosting a yard sale or navigating an online marketplace.
Many shoppers enjoy the variety of items available at consignment shops, as well as the unique experience of searching for unique finds.
What sells the most at consignment shops?
The most popular items at consignment shops tend to be furniture, clothing, and accessories, followed by electronics, toys, and jewelry.
How much do consignment stores take?
The amount of commission taken by a consignment store varies, but most stores typically take between 25-50% of the sale price. Some stores may also charge additional fees for displaying the item, or for processing the transaction. Before you start selling, check with the store directly about their specific commission and fee policies.
Utilizing online consignment stores is a great way to save money on your monthly clothing budget. It’s also a way to clear out some space in your closet and earn a little extra money in the process.
Whether you’re looking to connect with local buyers or find a site that will do the heavy lifting for you, there’s an option for everyone. If you’re not sure where to start, don’t forget about local options as well. There are likely several local consignment shops in your area that will walk you through the process of selling your used clothing.
Meet the author
Jamie Johnson is a freelance writer who has been featured in publications like InvestorPlace and GOBankingRates. She writes about various personal finance topics including student loans, credit cards, investing, building credit, and more.