American website, bagborroworsteal.com, who founded the original concept of "rentable luxury" gained enormous publicity after being featured in the first "Sex and the City" film by Carrie Bradshaw's assistant, played by Jennifer Hudson.
Australia quickly jumped on the bandwagon with the launch of loveme&leaveme, offering a similar service that rents out authentic designer bags, jewellery and accessories at weekly and monthly rates. The company has now also opened a boutique in Armadale Victoria, so clients can see the stock up and close for themselves.
If renting is not your thing, you can also buy the 'lightly used' designer products at a reduced price, although for the better known designers, you'll still be looking at about $1500.
I'm sure I'm not the only one crossing my fingers to be invited to some grand event that will require a lux item hanging off my arm. Especially since at the moment, they are offering $100 off rental and $50 off purchase.... (shivers of excitement)