smart spending

5 unusual things you can rent

Designer handbags, watches, jewelry
Next
5 of 7
Back
Designer handbags, watches, jewelry

Designer accessories may be expensive to rent, but renting still can save you money.

"Fifty bucks beats the heck out of spending $1,500," says Karp.

Also, renting for a little while may help you talk yourself out of a more expensive purchase.

"Rent it -- then, you can get it out of your system," says Karp.

Avelle may be the leader in renting out designer handbags, watches and jewelry. Formerly known as Bag, Borrow or Steal, the designer rental company was made famous by the "Sex and the City" movie. It has more than 3,000 styles of designer handbags, jewelry and sunglasses from more than 100 designers, including Louis Vuitton, Prada and Gucci.

You can rent from Avelle for a week, a month or an entire season. If you rent something and decide you want to own it, 50 percent of more of your rental fees may be applied toward the purchase of that accessory.

Damage insurance totaling $150 is included free of charge with each rental to cover potential wear and tear.

"We expect that they will borrow them like they are borrowing from one of their friends and then return the item in much the same way they received it," says Michael J. Smith, Avelle's president and CEO.

You can also rent designer handbags from RentMeAHandbag.com and FromBagstoRiches.com.


 

 

advertisement

Show Bankrate's community sharing policy
          Connect with us
MORTGAGE HOME EQUITY AUTO CDs CREDIT CARDS
Product Rate Change Last week
30 year fixed 4.08%  0.04 4.12%
15 year fixed 3.23%  0.02 3.21%
5/1 ARM 3.46%  0.16 3.30%
 
View Rates in your area Next
Product Rate Change Last week
30K FICO-based HELOC 4.30%  0.01 4.29%
50K FICO-based HELOC 4.06%  0.02 4.04%
100K FICO-based HELOC 3.91%  0.02 3.89%
 
View Rates in your area Next
Product Rate Change Last week
60 month used car loan 2.82%  0.03 2.79%
48 month used car loan 3.01%  0.02 2.99%
60 month new car loan 3.25%  0.01 3.24%
 
View Rates in your area Next
Product Rate Change Last week
1 Year CD 0.97% --0.00 0.97%
2 Year CD 1.18%  0.01 1.17%
5 Year CD 1.81%  0.05 1.76%
 
View Rates in your area Next
Product Rate Change Last week
Balance Transfer Cards 15.75% --0.00 15.75%
Cash Back Cards 16.45% --0.00 16.45%
Low Interest Cards 10.96% --0.00 10.96%
 
Next
advertisement
FRUGAL NEWSLETTER

Discover new ways to cut costs and save more every day. Reduce your spending, not life’s pleasures. Delivered weekly.

advertisement
Partner Center
advertisement

Connect with us