If you’re a lover of designer handbags, you’re probably aware that some styles are considered “investment bags” since they keep their value admirably. While handbags are not as reliable as investment in stocks or real estate, there are a few designer handbags that have consistently maintained or appreciated in value over time.
Follow this guide on which designer handbags hold their value best if you’re planning to buy a designer handbag and want to make the smartest financial decision.
If money isn’t an issue, a Hermès handbag will almost certainly provide a solid return on investment when the time comes to sell.
According to Forbes, luxury products producer Hermès is one of the world’s most valuable brands. Their handbags are among the most coveted on the luxury market.
The Birkin and Kelly models are by far the most well-known and will provide you with the most resale value.
Due to its exclusivity and high price, the Hermès Birkin bag has become a hallmark of luxury in the fashion industry. It has huge waiting lists and is often regarded as the world’s rarest handbag.
Its retail costs range from $10,000 to $300,000, with values rising much higher at auction for particularly rare artifacts.
Because the Birkin is such a sought-after and iconic handbag, it can nearly always be sold for far more than its original retail price. If you have the financial ability, purchasing a Birkin can be a sensible investment.
Chanel is undoubtedly the most beloved and popular designer handbag brand in the planet. Since its debut as the House of Chanel, the brand has been known as the epitome of fashion and a symbol of luxury.
This brand is known for its constantly rising prices, which hurts retail customers but benefits those looking to sell their Chanel bags or whoever is interested in investing for the long-term.
Chanel has various classic styles that keep their worth over time. The Chanel 2.55, often referred to as the Chanel Classic Flap, is the most well-known in that case.
The price of the Chanel 2.55 has increased significantly from its inception to the present. Chanel 2.55 retail value has recently doubled its initial value.
The Chanel Classic Flap is a safe and fashionable choice if you’re hunting for a classic design with a guaranteed long-term appreciation for resale value.
3. Louis Vuitton
Louis Vuitton is a fashion house based in France. Its LV emblem has become well-known around the world, and its items are among the most sought-after designer labels, particularly for handbags.
Louis Vuitton is a far more consumer-friendly brand, both in terms of quantity and pricing. On the secondhand market, however, it retains the majority of its value.
Despite the fact that Louis Vuitton bags do not offer the same luxury as Hermes or the same possibility for price hikes as Chanel, they keep approximately 68% of their retail worth on average. As a result, they are one of the ideal brands to buy.
The Louis Vuitton Neverfull, which was initially presented in the late 1800s and is available in both Damier and Monogram Canvas fabrics, is the style that keeps its retail value the best.
Its classic look is what has made Louis Vuitton such a popular and valuable brand!
4. Saint Laurent
A Saint Laurent handbag is a must-have in any designer bag collection. The French designer brand provides some of the most iconic silhouettes that can elevate even the most casual outfits.
Saint Laurent handbags are among the top ten most valuable luxury fashion brands on the second-hand market.
The LouLou is one of Saint Laurent’s most popular bags. With its boxy shape, front flap clasp, and quilted chevron pattern, this bag is sure to turn heads. This bag retains about 60% in terms of retail value.
Now that the LouLou has established itself as a mainstay of Saint Laurent’s handbags, it’s available in a range of sizes, so you can take your essentials with you wherever you go.
New additions under the brand, such as Kaia and Le Maillon bags combine classic design with a more contemporary feel. With their seasonless style, these purses are a good investment pieces that can be worn day and night.
Dior is one of the most sought-after brands in Paris, thanks to its relaxed elegance and laid-back style. The brand’s handbags are among the best investments you can make.
Dior handbags embody the brand’s DNA in their overall design and flawless craftsmanship. Their classic designer styles will only improve with time.
The Saddle bag is Dior’s trademark handbag. The handbag, which is currently one of the most popular designer bags that keep their worth (retains over 55% of its retail value), was introduced in Spring/Summer 2000 collection Show.
In addition to Lady Dior and Book Tote, Dior also produces a number of other handbags that are worth purchasing.
No matter what your particular style is, you can always count on this brand for the perfect accessory.
What to Look for When Buying a Designer Handbag?
When shopping for a designer bag, the first thing to consider is what style of bag best suits your needs and style.
If you spend most of your time traveling to work and rarely attend evening events, a tote bag or shoulder bag may be more appropriate for you.
The best cross body bags may be your best option if you spend most of your time on the go, zipping from place to place. You’ll want to pick a color and style that works with the rest of your wardrobe’s staples, so keep that in mind when you shop.
Practical issues like whether the bag can withstand rain, how robust it is, and how much you can fit in it should also be taken into consideration.
Pay close attention to the material’s quality as well. Ensure that the stitching is well spaced, the corners are stitched precisely.
When it comes to designer handbags, there’s little doubt that not all are made equal. With one of the above ultra-luxurious and unique brands, you may be able to fetch a lot of money when it comes to reselling it.