The clothing consignment business is growing faster than Kim Kardashian’s wardrobe. Selling second-hand fashions, whether via brick-and-mortar stores or websites that help you offload your old Levi’s and Coach purses, is a $14 billion industry that’s expected to nearly double by 2025.
So how can you score the most cash for your slightly used clothes with the least trouble? Checkbook conducted informal tests of online selling sites and in-person stores. We found that you might make a bit more money online, but that it might be more trouble since you may have to photograph, merchandise and ship your goods out.
Name brands, age, and condition of garments, matter too, and we’ve got advice on how to best position your stuff to sell and, maybe, score you funds for a new wardrobe. If you’re selling yourself online, both lowish prices and attractive photos matter; if you’re dropping items at your local consignment den, you’ll want it to be in-season, clean, and not covered in spaghetti stains.