When it comes to investing in a luxury handbagObviously, it’s important to find a style that you really, really love. Equally important (and often overlooked) is educating yourself about handbags that will retain their value and never go out of style. The Exclusive Birkinfor example, is forecast to double in value in the next 10 years. But that’s not the only bag worth scooping up. To give you a feel for bags that are worth your money, we contacted the experts at LePrix (trusted online destination for pre-owned luxury) to flood the styles you need to try. “To get the highest resale value for your investment bag, I have only one piece of advice: Invest in the divine trio — Chanel, Louis Vuitton and Hermès. Despite the value of the handbags. While luxury can fluctuate due to trends or rumours, the three iconic brands in certain styles have the highest resale values at LePrix,” the company told us. Keep scrolling to see more of the top bags you should buy.
Le Prix shares: “The resale value of Hermès depends on the style, leather and hardware. “The strength behind the Hermès brand is due to their limited availability. This creates a level of scarcity and exclusivity unmatched by other brands. Although there is no Hermès waiting list, there is no Hermès waiting list. yes To be a certain waiting period for the Birkin or Kelly of your dreams — depending on your relationship with the Hermès salesperson, the amount of money spent at Hermès over a period of time, and pure luck. drug.
“The Birkin in particular is the most sought-after handbag. In the hands of celebrities like Victoria Beckham, Alessandra Ambrosio, Kate Moss and the entire Kardashian-Jenner clan, this bag has grown exponentially. heat for Birkins goes beyond retail and resale.LePrix stylists are constantly looking for Birkins through our consignment store partners.Price retail for Birkin bags ranges from $ 9000 to $150,000 and could see resale prices up to $223,000.
“Most Birkins stay the same or increase in value, again depending on leather material, hardware and needs. If you happen to score the exclusive, highly sought-after black Birkin with gold hardware, or refinished. What the fashion world calls the ‘holy grail’, this bag will pay you back many times over.”
“Inspired by Grace Kelly, the Hermès Kelly bag also maintains or increases resale value,” Le Prix tells us. “The Kelly bag is a classic and happens to be the favorites of Miranda Kerr, Emma Watson, Sarah Jessica Parker, Rosamund Pike, Beyoncé, Karlie Kloss, and again, the Kardashian-Jenners.”
“While Birkin has recently made a splash for defeating S&P 500this is not only “Le Prix shared.” Ten years ago, I bought my first mid-size Chanel handbag in caviar leather for $1600. This exact bag currently retails for $4900. That’s a 206% return (not adjusted for inflation). Meanwhile, over the last decade, the S&P’s total nominal return was 49% (not adjusted for inflation). The resale value of this bag also stays the same or increases depending on the leather material and hardware. It is also a regular favorite of Alexa Chung, Rita Ora, Demi Lovato, Rosie Huntington-Whiteley and Lauren Conrad. “
Le Prix says: “Another bag to consider for an investment is the Chanel Boy Bag. “Although the Boy Bag is fairly new, introduced in 2011, it’s now a mainstream offering, joining the ranks of classic flaps and re-released flaps. Five years ago, this bag Prices start at $2500. Today, the Chanel Boy bag starts at $5100.It usually retains at least 90% of its resale value.You can find this bag on stores. celebrities like Jessica Biel, Leigh Lezark, Bella Thorne and Taraji P. Henson.”
“Neverfull continues to be one of our best-selling handbags on LePrix, and there’s a reason why,” says Le Prix. “While certain reports in the fashion industry indicate a decline in the tote bag category of other brands, the Louis Vuitton Neverfull remains popular due to periodic price increases and high demand. The Neverfull is one of Louis Vuitton’s most successful bags of all time.It has a wide selection of materials as well as limited editions and special artist collaborations.It has been worn by artists. A-listers like Sofía Vergara, Cara Delevingne, Diane Kruger and Reese Witherspoon It retains at least 85% of its resale value, unless it’s a rare limited edition bag that can double its sale value. again. “
Next, Buying a Hermès bag can be tricky — here’s what the pros say you should know.
This post was originally published a day earlier and has since been updated.
