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I am a bag lover but I don’t think it is wise to think of any bag as a long term investment. If you want to invest money, buy VTI. If you want a high quality bag that you can carry for a long time and get your money’s worth in use and you accept that if you want to resale it may be at a loss (and likely will be unless it is a desirable Birkin because of transaction fees and how that same amount of money would have grown if invested in the market) then get a bag! My most used and loved bag is a Chanel 19
This is a v interesting point - I saw it similarly as OP as a bit of an investment but this is a very good perspective!
chanel, celine doesn’t hold value, same with ysl
Chanel bags that are hard to find, popular style & colours, resell for more than retail. Or for example caviar minis that they no longer make sell for thousands over retail price.
As for classic styles prices go up many times a year, if you use it & hold onto it for a few years & resell you will make your money back or you will be able to sell for close to what you paid.
Resale value of celine & ysl is probably around 60% of their retail price
Which model?
Chanel.
I LOVE my celine (esp given its price pt relative to chanel)
Chanel 100%
Chanel! Celine is also a good option. However, if you have the means, just go for Chanel. Worth it, I promise!
Why not both? But seriously, which handbags are referring to? I am leaning towards Chanel by the way.
I think if you're looking for a handbag that's perfect for a long-term investment, I think you should just go with Hermes. Save a little more for a birkin. A kelly would also be nice.
Chanel handbags also are considered investment pieces depending which style you get (2.55 or Classic flap) - similar to the Hermes Birkin or Kelly. I have a Chanel Jumbo flap that I bought for $4900 in 2014, and it now sells for $9200 (last I checked). Resale websites have them around $7500-8000. Celine is not considered an investment. Ultimately, get the bag you like best, and don’t worry too much about the future resell value