Designer bags are often seen as an investment. But are they really worth it?
Some designers, like Hermes, have great resale value. Their Birkin bag, for example, can yield up to 103% of its original retail price on the resale market.
However, other bags may not hold up as well.
1. They’re a statement piece
Designer bags are a great way to show off your fashion sense and style. They’re also a good investment, as they tend to hold their value and can be worn for years.
Some classic bag designs may even increase in price over time, due to inflation or limited supply where to sell my designer bag. This is especially true of bags that feature a special colorway or a limited edition collection.
2. They’re an investment
According to Beth Silverberg, who runs a luxury bag resale website, handbags are one of the best investments you can make. She says that a designer bag’s resale value will outrank jewelry, art and even cars.
Bags that feature a signature logo or are limited edition tend to go up in value. However, the condition of the bag is also an important factor.
3. They’re a status symbol
A designer bag can be a status symbol for many people. It can indicate wealth and prestige, as well as help you stand out from the crowd.
However, the status of handbags as a status symbol is changing. The rise of sustainable and ethical consumption, as well as a cultural shift towards inner fulfillment, is challenging the significance of conspicuous luxury.
4. They’re a fashion staple
The best designer bags are timeless, meaning they’ll elevate all your outfits for years to come. Plus, they’ll continue to hold their value, which means you’ll get even more bang for your buck.
From new hero pieces that have excite style experts to time-tested classics, shop our edit of designer bags that are worth the investment. From Chanel’s infamous 2.55 Flap bag to Fendi’s Baguette that Carrie Bradshaw would carry.
5. They’re a conversation piece
Whether you opt for a cult classic like the Chanel 2.55 Flap bag or something more trend-led, a designer bag will always be in style. They’re a great conversation piece that will get people talking about your style and your taste in fashion.
The resale value of a designer bag is also worth considering. Some styles increase in value because of their rarity, like limited edition colorways or collections.
6. They’re a wardrobe staple
You can’t talk designer bags without mentioning Hermes. The Birkin may be the most A-list-approved bag out there, but it’s arguably their Kelly that gained real fame when Grace Kelly started using it.
A designer bag is a wardrobe staple that will look amazing season after season. Whether you buy one new or thrift it from a site like Vestiaire, the right bag will elevate all your outfits for years to come.
7. They’re a good investment
Designer bags are a good investment because they tend to hold their value well. They also usually come with a warranty and are often made of high-quality materials.
Classic bag designs like Chanel’s 2.55 Flap Bag also increase in value over time. This is due to their timeless design and popularity.
Other styles that are worth the money include Loewe’s Puzzle Bag, which takes an eye-watering 524 steps to make!
8. They’re a fashion statement
Designer bags are a fashion statement that will elevate your style. They come in a variety of styles, from small sell designer handbags for cash bags to large totes.
Unlike regular purses, designer bags are made with quality materials and superior craftsmanship. This makes them more durable and resistant to wear and tear.
While handbag trends may come and go, some styles will remain timeless, such as Chanel’s infamous 2.55 flap bag or Hermes’s Kelly bag, which gained notoriety after being worn by Grace Kelly.
9. They’re a good investment
Designer bags typically come with a hefty price tag, and as such, they’re considered more of an investment than a fashion purchase. They often have a timeless look that transcends trends, so you can wear them for years to come.
Whether it’s a new hero piece that excites style experts or a classic like the Hermes Birkin, there’s no denying that designer bags are worth the price.
10. They’re a good investment
Designer bags are a good investment because they usually have higher resale values than non-designer purses. For example, a Chanel classic flap bag has increased in value by 93% in the last decade.
Conclusion
Plus, they are made with superior craftsmanship and quality materials that will resist wear and tear over time. This makes them a long-term wardrobe staple that will never go out of style.
