Dear PurseBop:
What luxury handbag brands have the best resale value?
Dear Concerned with Resale Value:
When buying luxury handbags, our best advice is to buy what you truly love and will use instead of focusing on resale value or trends. With that understanding there are clearly certain brands that tend to hold their value better than other brands depending on condition of the bag, economic climate at the time of selling, and overall popularity of the style and brand.
Hermès
The Hermès Birkin and Kelly (in the smaller sizes) are renowned for their resale value often being sold by resellers for 2 or 3 times their original retail cost. Limited edition bags, exotics, and special bags often see higher returns. Based on the craftsmanship, high quality leather and hardware, limited availability, and high demand these bags tend to appreciate in value over time when kept in new or gently used condition.
Chanel
Chanel’s classic designs such as the Classic Flap, Mini Classic flap, Coco Top Handle, Boy Bag and other popular models such as the Nano Kelly bag are timeless and highly sought after. Although Chanel has seen many price increases over the past 4 years, their value on the resale market is still strong.
Louis Vuitton
Louis Vuitton bags have a large following and many are iconic and classic. The brand’s history, quality, and recognizable monogram contribute to its popularity. The Speedy, Neverfull, Alma, Capucines, and Pochette Metis are some of their most popular models. The resale value does not tend to be as high as other brands but the popular brands come close to retaining their original retail cost depending on condition. Limited edition and collaboration bags tend to have a higher resale value over time.
Dior
The Lady Dior, the newly released D’joy, Saddle bag, and various size Book Totes are all very popular styles that have seen a resurgence in popularity. Dior’s classic design and high quality ensure a strong resale value close to the original retail cost depending on condition and age.
Celine
The Classique Triomphe bag in shiny calfskin is a popular Celine bag as is the Classic Box Shoulder bag, the Teen Triomphe and Teen Garance bags, the new Nino bag, and the Belt bag. Their quality is excellent and their price points are more affordable than some other brands.
The Row
The Row has exploded on the market with the introduction of the Marquax bag in various sizes. Its understated elegance in a time of quiet luxury catapulted this bag to the forefront in 2024. It is a great travel and everyday bag that will retain its value on the resale market.
Tips for Maximizing Resale Value of Your Bags:
- Maintain your bags in excellent condition with minimal signs of wear while still using and enjoying them;
- Keep the original box and packaging, receipt, authenticity cards, and care booklets which can all increase the resale value;
- Limited edition bags, rare and coveted colors, and special collaboration pieces tend to be valued higher on the resale market;
- Investing in classic, timeless designs rather than trendy bags usually ensures better long-term resale values;
- Stick to bags from well known brands with a strong heritage and reputation in the luxury market;
- Stay updated on fashion trends, market demands, and economic times, as all of these can influence resale prices.
- Do your research, consider these factors, and make informed decisions when purchasing a luxury handbag that has strong potential for retaining its value or even exceeding its original retail value.
Read:
Hermès Introduces 11 New Bags for Spring/Summer 2025
Chanel 24K Fall/Winter Bags Have Arrived
Louis Vuitton Introduces Hot New Bags for Spring/Summer 2025
Dior Fall 2024 Bags Honor “Miss Dior”
5 Most Coveted Celine Bags of 2024
photo courtesy @myhermesmylife
- Karenzpurses posted 1 month ago
- last edited 1 month ago
