GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
This could be a medical bill or a flat tire.
Or it could be something a little less obvious like the risingcost of livingover time.
Here are six luxury items retireescan sell during hard times.
Get any pieces youre willing to part with appraised.
Even if you dont have themost expensive items, you could potentially get a few hundred or thousand dollars.
The better the condition your watch is in, the higher the price youre likely to get from it.
An example of a luxury watch that could be worth something is a Zenith watch.
Purchased new, they usually go for between $10,000 and $14,000.
One particular watch, the Defy Skyline Tourbillon, is valued at$57,100.
Another well-known brand is Rolex.
The sales price typically depends on factors like themake, model and mileage.
Some brands that can be worth good money include Rolls-Royce, Aston Martin, Bentley and Mercedes.
The same can be said of certain classics, like the Corvette Stingray.
There are companies that specialize in purchasingexotic or classic vehicles.
Alternatively, look for a site like CarMax or Carvana that will buy your car from you.
Check your wardrobe or storage for names like Ralph Lauren, Tom Ford or Michael Kors.
Certain items, likedresses or suits, tend to go for more.
Consider listing your gently-used luxury apparel on sites like eBay or TheRealReal.
Or see if alocal thrift storewill take them.
You might not get as much money, but you could sell your things more quickly.
Accessories
From handbags to belts to suitcases, certain accessories can fetch a high price, too.
Raid your closet and look for names like Gucci, Louis Vuitton, Coach and Dior.
You could potentially get hundreds or even thousands of dollars by selling a few things you no longer need.
Options for selling these luxury items include Rebag, Poshmark and auction houses.
But when you need the money, a luxury property could get you above water financially.
The average U.S. home value is $361,282, according to Zillow.
However, some housing markets have much higher-priced properties, so get yours appraised.
Luxury homes also tend to cost much more, often in the millions.
As for where to sell, you might always do a for-sale-by-owner (FSBO) listing.
If you want to be, you’re free to be very hands-off during the process.
More From GOBankingRates
Share This Article:
