GAB is not a rental company and does not own any of the bags listed on the site. GAB is a marketplace for those interested in renting a bag and bag owners that want to put their bags for rent. It allows the users to establish their own terms.
Before offering a bag for hire, owners are required to submit proof of authenticity that will be evaluated by our team. GAB does NOT accept copies or replicas and reserves the right to deny publishing an item that in the criteria of the evaluation team, is suspected to be a replica. If you rent a bag thats you suspect to be a replica or not the same item as published, you should contact the resolution center and a complete refund will be offered.
We are a growing community of people who love and understand fashion. All profiles are rated and reviewed by its members to create a trusted community. In GAB we understand how precious your bags are to you so we take measures to protect you. We hold a deposit from the renter with every transaction and we keep detailed records in case of any dispute. GAB will assist the owner in the rare event that a police report needed to be filed by providing as much details of the transaction and the renter as possible.
No. Unlike a few companies that use a similar model we do not require a paid membership. Signing in to GAB is free for both, listing and browsing bags. When a rental transaction is completed, a fee is charged to the renter and the owner but using the site to post or find bags is free.
GAB charges a percentage of the rental fee to the bag owners and renters. A 13% of the rental price will be charged to owners and 7% to the renters for each transaction. In the case of a dispute when a bag offered for rent is reported by the renter to be a copy or replica to our team, it is under GAB’S criteria to determine a final conclusion. If found not authentic, the renter will receive a full refund and the owner will not be paid for the rental period and will be charged the standard GAB fees as well as having the item taken down from the site.
We hold a deposit suggested by the owner of the bag (it is recommended an approximate of 10% of the retail value) for all rental transactions. The deposit is held in our account until the transaction is successfully completed. We need to withhold the deposit for the following reasons: 1-In case of damage of the bag and repair is required. In the unlikely event where the bag needs to be repaired, the cost of repair will be deducted from the deposit. In case that the repair is greater than the deposit amount it is considered as major damage and GAB retains up to 100% of the deposit to pay to the owner but it is not responsible for holding or paying any extra to cover the difference or the loss. 2- If the bag is not returned on the agreed date, and the owner is unable to reach the renter in a period of seven days GAB assumes the bag is stolen. In this event we will assist the owner to file a police report on the stolen item and provide the renter’s details as needed. The deposit will be retained in full and paid to the owner to cover part of the loss. 3-The deposit will be 100% refunded to the renter when both parties have signed the conformity agreement once concluded the rental period.
As a renter, in the event that a bag is damaged or stolen, the repair or recovery cost will be deducted from the deposit held. The deposit insurance is an option that will charge a 3% fee in case of damage and 5% in case of loss (for theft) on the deposit and refund the rest back to you. When a bag is out for repair past beyond the agreed date on the rental period, the renter is still responsible for the daily rental fee until the bag is returned. This is not covered by the deposit insurance. It is highly recommended to purchase the deposit insurance as it gives you the peace of mind that in case of an incident, you can get most of your deposit back. Owners, regardless of the renter having insurance or not, will be paid for repairs or recovery of the bags.
The renter is fully responsible for any accidental damage or loss during the rental period. The renter should contact the owner to inform of what happened and agree on the best way to repair the bag. We suggest the repair to be done by the actual retail store of the bag when possible. When the renter chooses to fix the bag, he/she should provide the quote/receipt to the owner as proof that the bag was professionally repaired. The renter is responsible for paying for the repair out of pocket for the repair and will be charged the daily rental price paid for each day that the bag is not returned back to the owner after the agreed date. The daily rental price for late return will be charged and deducted from the deposit until the item is returned. The maximum amount that can be charged to the renter is the total of the deposit. If purchased, the deposit insurance will cover the repair cost. The renter should pay out of pocket for the repair and the deposit minus a 3% processing fee and late return fees if applicable will be returned to the renter within 7 days. When the owner chooses to fix the bag, he/she should provide the receipt with the amount paid for repair that will be paid out from the deposit held as well as the daily rental price paid originally for each day the bag is out for repair. The maximum amount that can be charged to the renter is the total of the deposit. When the repair or combination of the repair and daily rental charge exceeds the amount held as deposit, the owner assumes the difference. When both parts agree on the outcome, any difference on the balance of the deposit will be returned to the renter.
If you rented the bag and it gets stolen from you during the rental period the first thing to do is to contact the owner immediately and file a police report. You need to contact us and fill out an incident report. You will be asked to provide details of the police report. If the bag is not returned 7 days after the police report is filed, the renter will lose 100% of the deposit unless protected by the deposit insurance option. In this case, the deposit minus a 5% for processing fee and late return fees if applicable will be returned to the renter within 7 days. In any case the owner will receive 100% of the deposit to cover part of the loss.