It’s every girl’s dream to own at least a few luxury handbags during her lifetime. Like any other purchase, it is important to invest in a handbag that is not only luxurious but will net a good resale value. A pre-owned handbag with a good resale value means that you could recoup the majority of your investment, even making a profit.
Here are my top three picks bags you should buy right now.
This bag has rumored to offer a better return than gold, with a value increasing by 500% over the past 35 years. Resale depends on the style, leather, and hardware, but the average bag has a resale value of 72% and even more for limited edition pieces. The Birkin has been known to fetch $233,000 at auction.
The Chanel Flap Bag is the most iconic handbag on the market. It was created int he 1920’s by Coco Chanel, and it’s value has increased by over 200% in the last 10 years, retailing for anything between $4K and $6K. Value depends on the leather and hardware.
The most popular Louis Vuitton bags are the Neverfull, Speedy, and Alma. These three rake in an average 70% of their resale value.