Luxury goods are known for lasting a lifetime and holding their value for life. That's probably why the market for vintage designer items is a very popular one. The resale values of the items you want to sell can fluctuate and do depend on a lot of variables. For instance, the buzz around a designer can have a big influence and it's also important to take availability and discounts into account. Chanel for instance, has a very exclusive feel. The classic bags are never on sale, nor are they available online, which creates the perception of purity.
9 brands with the highest resale value
Since 2008, the prices of a Chanel Flap Bag have increased with more than €1400, investing in a Chanel bag is safer than investing in the stock market as prices of Chanel bags have only gone up in the past, despite of the economy, and will only go further up in the future. These constantly rising prices make it easy to resell the bag for the same price or in some cases even more.
Hermès bags hold their value. Of course you pay a huge sum for a Hermès Birkin. But there is a big difference in spending your savings on a Birkin instead of a seasonal piece. A Hermès bag is extremely stable in price and will even earn you money. At this moment, most Birkins sell for far above their retail price.
- Louis Vuitton
It might surprise but the Louis Vuitton Neverfull is in the top 5 of bags with best resale value. It really doesn't matter if you're selling the Monogram or Damier version, this versatile bag remains a very popular bag. Reselling a Neverfull will earn you 80% of your investment back (when in excellent condition).
- Christian Louboutin
We all love this particularly iconic shoe and the red-lacquered soles are easily recognisable for so many people. That distinguishing part of the shoe, has helped the brand by earning its value as one of the best amongst a hundred other designer brands. For example, a pair of 'So Kate' pumps will resale for 76,2% of its value when in a great condition.
The brand with a classical style in jewelry and astonishing quality has a certain collection, that drives many of us totally insane. The Love collection, available since the 1970s, shows the iconic symbol of love and romance. Due to their classic and timeless charm, the bracelets and rings are in heavy demand all over the world.
Next to the Louis Vuitton Neverfull, there is another successful designer carryall, that might be the most flourishing bag of this list at the moment. Goyard bags tend to go for 1.3 times the retail value, due to their mysterious items and limited supply. Goyard pieces also sell the fastest, they are usually sold in less than five days.
- Van Cleef & Arpels
Another jewellery brand with exceptional quality is Van Cleef & Arpels. Next to their highly exclusive pieces, the Alhambra collection might be the best known of the brand. Because of it's exclusivity and quality, Van Cleef & Arpels jewellery are the most sought after and will resell for amazingly high prices.
A label that only recently made this list is Givenchy. Their bags are becoming increasingly popular and sell just as fast as any regular Chanel or Louis Vuitton bag. The Givenchy Antigona for example, is in high demand, because of its minimal style.