Ok so we all know that when we splurge on something that we shouldn't there's usually someone on hand, be it a parent or a sensible man to tell us what a waste of money it is. I've often heard women say that designer bags are an 'investment' as they may increase in value over time.
But how true is this? Do some brands or certain bags from these brands really offer good investment potential?
Or is that just what we will tell our significant others... and lets face it, ourselves, to justify a shiny new handbag with a more expensive price tag.
if you want to invest in a daily handbag for yourself (not for resale)... buy a louis vouitton. the quality of materials and craftsmanship is made to withstand daily abuse. they last for 50-60+ years. LV's roots are in luggage, most other designer bags are rooted in attire.
I honestly think it's a waste to buy things like that for so much money. I mean if you got it like that than by all means, but if your having to save up for it then no don't get it. There's so many cheaper knock offs you could buy that no one will even be able to tell the real from the fake so why spend the extra money for a real one?
I am sorry but if i saw a charge on my credit card for a bag that is that expensive, there would definitely have to be some explaining to do. Its frivolous spending from my point of view. About 5 years ago my ex managed to get a hold of my card, and she bought an 800 dollar coach bag without permission. I disputed the charge and burned the bag.
i´ve never heard of a freaking hand bag gaining value as it´s being used...
i´d call something an "investment" if it´s gonna last you a very long time over the cheap shit or if you plan on actually selling it later vor a better or only marginally lower price (if it looks used). if neither of those 2 applies, it´s not an investment.
I frequently but Coach and Michael Kors. (maybe you're thinking higher than that idk) but typically I use them for a couple years and can easily sell them for at least 50 to 70% of what I paid. So it's definitely NOT an investment but very easy to resale and I don't feel like I lose money.
I would think that for the most part, anyone wealthy enough to buy a ridiculously expensive purse would prefer something brand-new, and anyone thrifty enough to try get a designer bag second hand is going to try get a good deal on it. They are rarely, if ever, going to result in a profit.
If I know I am going to have a certain item for the next ten years and it's expensive and classy looking, then it's an investment. But it really has to be some kind of classic never go out of style thing. LIke for example, I like to keep around different turtlenecks in different colors. I'd always have them.