Look-Alike Fashions: You Don't Have to Break the Bank to Look Like a Million Bucks

VIDEO: Can the "GMA" team guess which outfits are steals or a major splurge?

Can you tell the difference between an item that's pricey and its less expensive, similar-looking counterpart?

Lori Bergamotto of Lucky magazine visited the show to tell us all about the looks you saw this morning on "Good Morning America" -- when we showed you look-a-like outfits -- one a splurge, and the other, a steal.

Can you spot which is which on the identical twin models? Take the challenge!

PHOTO: Lori Bergamotto of Lucky magazine talks fashion steals and splurges on 'Good Morning America.'
ABC News
Floral Printed Top and Denim

The Splurge

Model Chantelle Piper, pictured left, is wearing the splurge: not only is the top 100 percent silk, but it also has very strategically placed beading along the designer print floral. The jeans are J Brand, which are made from a special Japanese twill. The silhouette is flattering thanks to the designer fit. The gold hoops are 18 karat gold-plated brass, making them pricey, while the Ted Baker bag is real leather with top stitching done by hand.

Rebecca Taylor: Rose Garden beaded cami: $295

J Brand: No. 935 low rise capri jeans: $169

BaubleBar.com: Multi-shaped gold hoops: $42

Giuseppe Zanotti: Beaded thong: $510

Ted Baker: "Hickory" leather bag, $420

Grand total: $1,436

The Steal

Danielle Piper, pictured right, is wearing a polyester top that is blousy with a flutter tank strap, and a pair of skinny cropped white jeans. The addition of the same sort of bag-boxy, over-the-shoulder bag in a wearable tan leather approximates the same look for less than a quarter of the price!

LC by Lauren Conrad: Floral ruffle chiffon top for Kohl's (polyester), 36

Dream Out Loud Collection by Selena Gomez for Kmart, $18, Kmart stores

Decree Hoops: $8.00, JCPenney stores nationwide

Vince Camuto: Mallory, $89

Lulu's: Carry-On brown bag $45

Grand total: $188

PHOTO: Lori Bergamotto of Lucky magazine talks fashion steals and splurges on 'Good Morning America.'
ABC News
Midi Skirt/Office Look

The Splurge

Lindsey Doolittle is wearing the splurge. Her Derek Lam skirt features what's going to be the prominent hemline this fall. The garment made of soft, high-quality satin fabric with a laser burnout hemline and micro-pleating details. It's the fabric and the design of the laser cut that makes the skirt so price. The blouse is 100 percent silk de chine, and the Michael Kors Italian-made shoes are a rich calf-skin leather, with a wood stacked heel. The necklace is plated in 14 karat gold.

Equipment Blouse: Brett, $210 at shopbop.com

Derek Lam chintz satin pleated skirt, black, $1,490

Michael Kors: Double buckle single strap heel, $850

CC Skye spike chain necklace, $150

Grand total: $2,700.

The Steal

Kristen Doolittle is wearing a comparable color scheme and silhouette, but the fabric is polyester blend, and the platform shoes are not real leather. The necklace is metal.

Zara: Cotton voile Henley blouse, $49.90

Express: Crystal pleated skirt ( polyester) $69.50

Aldo: Leflar platform shoes, $59.49

Emitations.com: Terran chain link metal necklace, $11.69

Grand total: $191

PHOTO: Lori Bergamotto of Lucky magazine talks fashion steals and splurges on 'Good Morning America.'
ABC News
Cocktail Dresses

The Splurge

Jodie Fanelli's dress is made from silk dupioni, a crisp-to-the-touch fabric that reflects light. The tailored bustline and box pleats also create a fit that is more body-conscious. The Jimmy Choo shoes were crafted in Italy, and the Celestina clutch is made of oxidized sterling silver with gray garnet stones at the closure.

David Meister: Dupioni dress, $1,395.00

Badgley Mischka cuff: $595.00, at Nordstrom

Jimmy Choo: Lanced mirror sandals, $695, at Saks Fifth Avenue

Celestina "Patricia" clutch: $1,990.00, at Barneys

Grand total: $4,675

The Steal

Diane Fanelli's dress has some silk dupioni, but it's also mixed with polyester and costs a fraction of the price. The sandals and clutch are both lustrous -- like the expensive ones -- but they're not made of the genuine raw materials.

JS Boutique dress: $158, at Macy's

Sequin cuff: $68, Sequin

Dyeables Sandals: Runway, $53.95 at www.endless.com

Menbur evening clutch: $71, www.endless.com

Grand total: $350.95

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