Designer Handbags a Spectacular Investment!
What woman doesn’t dream about owning a high fashion designer handbag? Very few, however, are lucky enough to actually make the coveted purchase.
This is mostly due to the fact that the average price tag of a quality designer handbag is over $1000, sometimes way over! It is true that many women would consider the handbag of their dreams to be well worth the money. However, it is hard to justify such a purchase to their husband, boyfriend, or other male family members.
We wrote this article in order to help get you over that seemingly impossible hurdle. Purchasing such an expensive object could also cause some remorse in your conscience. By the end of this article we guarantee that you will also be past any possible remorses.
WHY DESIGNER HANDBAGS ARE SUCH A GREAT INVESTMENT
How can we make the above promise with such conviction? We can do so because of the logic behind buying a designer handbag as an investment. When done right you can buy the bag of your dreams. Then you can turn around and sell it years later for much, much more than you spent!
Many designer handbags actually double their value in just ten years time! This makes them an investment well worth looking into even from the point of view of the most skeptical male.
HOW TO CHOOSE A BRAND TO INVEST IN
If you want to invest in a designer handbag it is essential that you invest in the top luxury brands. The most renowned in this category would be: Hermès, Chanel, Louis Vuitton, Prada, Gucci, and Cartier. If you stick with these coveted bags, success is guaranteed! While there will be other potentially worth while investments out there they may be risky.
It is true that bags such as: Michael Kors, Coach, Kate Spade, and Tory Burch are designer handbags. They are, however, low to mid range luxury handbags. This makes them a great day to day option. However, it does not make them good investments.
If you want to invest in a handbag, it is wise to go all out! We strongly suggest, and therefore repeat, only considering top luxury handbags. Keep reading and discover our favorite three:
THE BEST 3 TOP-END LUXURY HANDBAGS FOR RESALE VALUE
While all upper-end luxury designer handbags are worthwhile investments, there are three that consistently stand out amount the rest. Below we will give a brief rundown on each of these three brand names:
Hermes:
Hermes designer handbags have benefited greatly from the hype of several celebrities that are obsessed with the bags. These amazing handbags, however, are not just built up on hype! The quality craftsmanship, durability, practicality, and beauty of their bags make them worthy of the fame the they carry!
The Birkin bag is the most renowned as an investment.
You can see an interesting writeup about the Birkin Bag in our article on, “The 5 Most Searched for Designer Bags”.
Birkin bags are speculated to at least double their value over the next decade. So if you keep your bag in new condition its value will soar. If in good but used condition a Birkin bag will get an average of eighty to one hundred percent of its original value. That means that you can actually use the bag and sell it after ten years for the same, or almost the same price that you paid for it!
The most expensive handbag ever sold was actually a Birkin Bag. It was sold on auction with an amazing price tag of over $300,000! It surely was no ordinary bag, it was a white Himalaya Nile Crocodile, diamond incrusted, Birkin bag. I hope for the owner that the bag really does double its value!
Chanel:
As we mentioned in the previously cited article (The 5 Most Searched for Designer Bags). Chanel is the number one most searched for luxury handbag brand online. Chanel handbags are also amazing investments.
The Channel 2.55 has actually had a close to two hundred percent increase in value over the last decade! Even after just a couple years some have resold their bags for around 50% increase on their investment!
Studies have confirmed that the resale value of the Chanel 2.55 is actually a better investment that the average house! This statistic should help convince an unwilling male companion to consider buying you one 😉
Louis Vuitton:
Louis Vuitton bags are a classic, and easily recognized brand. They also make another pretty secure investment. Used bags should retain at least eighty percent of their value over time. Bags in new condition will certainly raise in value.
The Louis Vuitton Neverfull, for example, has almost doubled its value since it was first produced in 2007. The Neverfull is one of Louis Vuitton’s most popular bags. As the name implies, it can hold a lot! The bag is very practical and very sturdy. Of course if you buy it as an investment you may not want to test out its limits!
In Conclusion:
So, are you ready to start your search for an amazing, high-end designer handbag? As we have clearly shown designer handbags make a great investment. Even if you only get back 80% of what you spent, you will have the joy of using a bag of your dreams for a very low price!
Put like that, it really doesn’t make any sense to spend your money on low quality bags that will fall apart and constantly need to be replaced! With a little savvy you can own a high-end luxury handbag for less than you would spend on cheaper models!
