The Deal: Shop clearance clothing & shoes at Overstock.com

The Lowdown:There’s several reasons why you need a classic trench coat, like the fact that you can wear it year around (which is why I listed it in my Perfect Ten Closet Must-Haves) and that it can be worn both for work and for play. You want to focus on finding a trench that is lined (a removable wool lining is a plus), with classic clean lines (no puckering at the seams), and fabric that is fairly wrinkle resistance (ever tried ironing a trench? Not fun). Here’s our top picks for trenches on a budget.

Shop: Trench coats at Overstock.com

Our Picks:

1. Ambition Women’s 3/4-sleeve Trench Coat, $35.99

2. DKNY Women’s Double-breasted Rain/ Trench Coat, $59.99

3. Nautica Women’s Double Breasted Trench, $47.99

4. Miss Sixty Women’s Double-breasted Pleated-back Trench Coat, $32.29

5. Kenneth Cole Reaction Women’s Belted Rain Coat, $62.99

6. ABS by Allen Schwartz Women’s Ruffle Anorak, $39.99