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Website Sells High-End Handbags At A Fraction Of The Cost

BOSTON (CBS) - They are the fashion accessories of the stars, designer handbags with names like Louis Vuitton, Prada, Gucci and Chanel. They are well crafted statement pieces that run thousands of dollars each. They are also out of reach for the average woman.

Here's the good news, bargain hunters with a flair for fashion may be in luck. It's LUXEDH.com, a website that sells all those high-end designer bags at 50% off. "You can look like the rich and famous without actually being rich and famous," said Sabina Jacobs of LUXEDH.com

The secret is the bags and wallets are all gently used. "Very, very gently pre-loved bags," Jacobs explained. The site buys the bags from people who have tired of their bags before they have worn out. "People who really love their bags, people who keep their bags in their desk, people who don't put them on the floor," she said.

So how does a buyer know these bags are not like the ones you buy on a NYC street corner that look like the real thing, but are cheap imitations? Jacobs says they take great care to ensure you are getting authentic designer handbags. "We have a team of authenticators who are extremely skilled in the secrets and trademarks of each brand," Jacobs said, insisting the company has never sold a fake bag.

The handbags range in price from $99 for a small Prada purse to $2,400 a large Chanel bag which retails for over $6,000. The company even offers a six month payment program.

If those prices are still a little steep, sites like BAGBORROWORSTEAL.com will let you rent bag for a few weeks at a time.

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