Louis Vuitton for $5?
Gucci for $35?

Am I dreaming or did everyone just realize that material possessions never should’ve cost that much in the first place?

It turns out neither is the case.

USA TODAY just did a great article on two major handbag rental sites, BagBorrowOrSteal.com and FromBagstoRiches.com – where you can rent handbags from top designers like Prada, Fendi, Coach, and more for a monthly membership fee.

Here’s a rundown, straight from the article:

Bag Borrow or Steal

Launched: April 2004, based in Seattle
Membership: 450,000
Typical customer : 25-45, $150,000/year income
Membership fee: $5-$9.95 a month
Shipping: $9.95
Insurance: $10
Number of bag styles 3,000
Number of bags rented a month: Tens of thousands
Cost range: $6 a week to $275 a month
High-end brands available: Chanel, Fendi, Prada, Gucci, Burberry, Bottega Veneta, Louis Vuitton
Midrange brands available: Coach, Dooney & Bourke, Perlina, MAXX New York, Cole Haan, Calvin Klein

Oooh. And here’s a special hint: Use code BAGS24 and get 15% off your first borrow for a limited time only! (Don’t ask me how I know that.)

Here are some of my favorites:

	Betsey Johnson Vintage Kiss Satchel $40/month (members)
	Gucci Vintage Flap Handbag $400/month (members)
	Nettie Rosenstein Vintage Coral Evening Bag $900/month (members)

FromBagsToRiches.com

Launched: January 2005, based in St. Paul
Membership: Tens of thousands
Typical customer: 24-55, $45,000-$100,000+/year income
Membership fee: None
Shipping: Free
Insurance: Free for first $100 of value
Number of bag styles: 350-500
Number of bags rented a month: Thousands
Cost range: $34.95 a month to $299.95 a month
High-end brands available: Chanel, Balenciaga, Chloe, Christian Dior, Louis Vuitton, Gucci, Yves Saint Laurent
Midrange brands available: Coach, Calvin Klein, Baby Phat, Cole Haan, Dooney & Bourke, Juicy Couture

	Coach Patent Laced Tote $84/month
	Jalda Embossed Leather Clutch $34.95/month
	Coach Ergo Leather Mini Wallet $34.95/month

Here’s another hint: Enroll in their Club Diva program and get a 10% discount on all rentals and one free month of a selected handbag!