Are you eyeing that gorgeous Louis Vuitton bag but struggling to afford it upfront? Fear not, as you might be wondering, “Can you put Louis Vuitton on layaway?”
The answer is both yes and no, depending on where you plan to purchase the item. Here’s everything you need to know.
What is Layaway?
Before diving into whether Louis Vuitton offers layaway or not, let’s first understand what layaway means. A layaway program allows customers to reserve an item by paying a deposit upfront and then making subsequent payments over a set period. Once the full payment is made, the customer can take home their purchase.
Louis Vuitton Layaway Policy
Louis Vuitton does not offer a traditional layaway program in its stores or online. This means that you cannot pay a deposit and make payments over time until the full amount is paid off.
However, Louis Vuitton does offer financing options through partnerships with third-party companies such as Affirm and QuadPay. These companies allow customers to split their purchase into multiple payments over time with interest.
Affirm Financing
Affirm is a third-party financing company that partners with luxury brands like Louis Vuitton to offer payment plans to customers. With Affirm, customers can split their purchase into monthly payments over 3-36 months, depending on the total cost of the item. Interest rates range from 0% APR to 30% APR, depending on the customer’s creditworthiness.
QuadPay Financing
QuadPay is another third-party financing company that works similarly to Affirm. Customers can split their purchase into four interest-free payments over six weeks with QuadPay.
Conclusion
While Louis Vuitton does not offer traditional layaway programs in its stores or online, it does partner with third-party financing companies like Affirm and QuadPay to offer payment plans to customers. These options allow customers to split their purchase into multiple payments over time with interest.
It’s essential to note that these financing options require a credit check and may not be the best option for everyone. Make sure to do your research and understand the terms and conditions before committing to any financing option.