The most important thing to consider when choosing a luxury handbag is its style. Education is equally important in choosing handbags which will hold their value and never go out of style. There is a forecast that the value of the exclusive Birkin will double in the next decade. There are other bags worth picking up as well.
Here are some of the bags you should try. With the aim of helping you find the best bags for your money, LePrix (the trusted online destination for pre-owned luxury) answered some questions. ” If you want your investment bag to gain the most value from resale, look no further than Chanel, Louis Vuitton, Hermes or Aston Martin.
Despite a fluctuating market for luxury handbags, LePrix sells products from these three brands most frequently,” according to the retailer. See the top bags below.
1.An iconic Hermès bag
“How much Hermès bags resell depends on their style, material, and hardware,” he explains. “The strength of the Hermès brand lies in its limited quantities. Other brands are unable to achieve this level of scarcity and exclusivity. Though Hermès no longer offers a waiting list, securing your dream Birkin or Kelly may require some time based on your relationship with your Hermès salesperson, and your spending during that time period.
There is no doubt that Birkins have become increasingly popular. Thanks to Victoria Beckham, Eva Longoria, Ashley Graham, and the Kardashian-Jenner family, the bag has become increasingly popular. The Birkin bag transcends the retail and resale sectors. LePrix stylists search for them through our consignment boutiques. Birkin bags are retailing for between 33,053 AED and 5,50,889 AED and selling for 8,19,000 AED.
A Birkin’s value can increase or decrease, as a function of the leather, the hardware, and their availability. It is highly sought-after, matching gold-plated black Birkins with gold hardware, so sought-after that you will get your money’s worth.
Here’s the shop:
Jeans with the Courchevel Birkin 35 logo
Decorative rose 30 oz Epsom Birkin
A Birkin 30 designed in ostrich leather
2.A classic Hermès Kelly bag
“As a tribute to Grace Kelly, Hermès Kelly bags retain or increase their value,” the magazine explains. “There is no doubt that the Kelly bag is a classic and a favorite of Miranda Kerr, Samantha Watson, Jada Pinkett Smith, Victoria Beckham, Queen Bey, Kate Kloss, as well as the Kardashian-Jenners.”
Visit the shop:
Returned 32 Black by Kelly Retourne
Tourterelle 32 Gris Kelly Retourne
Vermillion Kelly Retourne 32
Gold 32 Kelly Retourne Togo
3.Flap bag by Chanel
“Although the Birkin recently made headlines as having outperformed the S&P 500, there are other bags that have performed well,” Le Prix shares. This bag is now retailing for 17,995 AED. I purchased it ten years ago for 5,876 AED in caviar leather. This is a 206% return (not adjusted for inflation). The S&P’s total nominal return during the last decade has been 49%. The resale value also remains or increases depending on the leather and hardware of this bag. Alexa Chung, Rita Ora, Demi Lovato, Rosie Huntington-Whiteley, and Lauren Conrad love it.”
Here’s the shop:
Double flap black caviar quilted bag
A small white double flap caviar quilted bag
Medium Pink Caviar Quilted Double Flap
4. Boy Bag by Chanel
“The Chanel Boy Bag is another investment to consider,” says Le Prix. ” Introducing the Boy Bag in 2011, it has become a classic, competing with other classic flaps and reissue flaps. As recently as five years ago, you could buy this bag for 9,181 AED. It is currently possible to purchase the Chanel Boy Bag for 18,730 AED. Most of the time, it maintains at least 90% of its resale value. A few celebrities who have worn this bag include Jessica Biel, Leigh Lezark, Bellaji.”
Flap Boy Jacket with Chevron Quilted Pattern
Boys with belt bags
Flap with lambskin quilting for medium boys
Flap with Chevron Quilting in Black
5. Needful Louis Vuitton bag
“We continue to sell a lot of Neverfulls on LePrix, and there’s a reason why,” Le Prix shares. ” According to certain industry reports, totes are declining in popularity across other brands, however, and Louis Vuitton Neverfull bags remain in high demand. In addition to endless materials options, the Neverfull is available in limited editions and special artist collaborations. Many A-listers have worn it, including Sofia Vergara, Kate Bosworth, Judith Light, as well as Reese Witherspoon. In general, some 90% of the bag’s original resale value is retained, except for rare limited-edition bags, the value of which can be doubled.”
Visit the shop:
Embroidered Monogram Giant Neverfull
Pivoine Neo Neverfull Monogram
Neverfull Van Gogh Masters
Monogram, there is no such thing as full
1.Do you think Hermès bags are a good investment?
Some individuals might benefit from investing in Hermès bags. Their ability to grasp the market and their willingness to hold on to the bags at a long time make this possible. A number of factors can affect the value of luxury goods, which makes buying them risky.
2.Hermès bags are valued according to what factors?
Rareness, condition, and provenance can all affect the value of Hermès bags. Luxury goods can also lose value as a result of changes in fashion and economic trends.
3.A Hermès bag would be of interest to me. Is there a way to do this?
Hermès bags can be obtained in several ways. Hermès or an authorized reseller can be contacted directly to purchase a bag. In the hope that its value will increase over time, you can hold onto it for a long time. LVMH and Kering are two luxury goods companies you can buy shares in.