When temperatures drop, it doesn't matter how chic your outfit is if your coat isn't up to par. It's the one thing that can transform your entire fall look in an instant. Thankfully, the Fall runways were teeming with covetable outerwear, and we're breaking down the must-have trends here. From high-fashion puffers to cozy shearlings and long wool dusters, these are the coat styles to invest in now.

Autumn is here, and we couldn't be more eager to layer up in a chic new coat. We took a look at the most popular outerwear trends from the Fall 2016 runways, like puffer coats, patent leather and artful furs, and found budget-friendly versions that capture the designer look without draining your bank account—which means you'll have enough left over to refresh your fall footwear collection.