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Certainly true. There are very nice designer handbags for a fraction. Even if you think the $300-500 brands aren't good enough (Coach, Marc, Kate Spade, etc), there are even more in the $800-1200 range (Louis Vuitton, for one..)

I know this because I have a wife with tastes for such things :)

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Then you should have her check out Lollipuff (YC W13): designer auctions pre-screened by experts for authenticity (ie. eBay without the fakes). It also amazes us. Why would people pay full price when the "lightly used" ones sell for 80% off?

*Disclaimer: Am a founder of Lollipuff.

I'd wager it's the same reasoning people buy new cars or new consumer electronics.

And what is that reasoning? Unlike cars and electronics, many designer goods hold their value over time, and some even appreciate.

FWIW, my wife was delighted when I sent her to Lollipuff yesterday. She thinks it's a great idea.

I guess one thought is that I don't know if I would ever gift her a used bag. Even if I trusted the source (which has always been a deal breaker before).

But her buying for herself, I can see her definitely purchasing something previously owned.

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