On The Money: Cash for your clothes

RICHMOND, Va. (WRIC) — All this week, 8News anchor Amanda Malkowski is telling you how to get the most for some extra stuff lying around. Today, we’re taking a look at how to get the most cash for your clothing.

The seasons are changing, which means it’s time to clean out that closet. Why not get some cash for those clothes?

“We’re looking for things like cowboy boots, Frye boots, short little boots,” says Henrietta Beightol, owner of Indigo Avenue Clothes. “Those are in right now. Clothes that have touches of fur on them. Name things like Kate Spade.”

Depending on how worn your items are, you have a few options for how to sell them. There are consignment shops like Henrietta Beightol’s, Indigo Avenue Clothes.

“We price things in our store about one third to one half of what you paid for it.”

Then you’d get 45 percent for whatever the store sells it for.

“Once they sell, we put money in your account,” Beightol says. “Once a month, we’ll print you a check or add it to your account for items here.”

It could take time for them to sell, though. If you want money right away, you can also try wholesale clothing stores.

“They’re going to pay you less for your clothes, because they’re taking a risk to buy your clothes because it may not sell.”

You can always head to Craigslist or eBay to try to sell to a private buyer.

“You might make more that way, but they may not find you at all.”

If you want to sell at all, Beightol says spring and early fall are the best times.

Don’t forget your accessories!

“Jewelry is a big seller,” Beightol says. “Purses are a big seller.”

There are tons of consignment shops around town. Beightol says you can bring anything into her or the other shops to take a look and see if it’s worth anything. If it’s pilled, has stains or pulls, it may be better to just donate it.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s