Did you know that if you drive a new car the value instantly decreases, while a Hermès bag only increases in value? We advise you to use this simple comparison, next time your husband or boyfriend judges your (very smart) investment!
But what actually are the best investments? We've listed the 5 bags with the biggest resale value!
1. Hermès Birkin Bag
The Hermès Birkin doesn't just return your investment, it actually earns you money! As the waiting list for this icon can reach up to 6 years, the bag is in short supply. The prices start at €6750,- for a Birkin 35 and only go up depending on size and material. Reselling a Birkin will easily earn you well above €7000,-. Plus, the value of the Birkin keeps growing with 14,2% a year!
2. Chanel 2.55
After 61 years, the Classic Flap Bags remains on the most iconics bags in the world. And as Chanel keeps increasing its prices several times a year, investing in a 2.55 is a very lucrative move. In 1955 the 2.55 was priced at just €203,- and in 2016 the price has reached a staggering €4260,- (for a medium Classic Flap bag). Chanel bag usually increase 20% in price every year, which means when you sell your bag in a few years you can actually profit from your purchase.
3. Chanel Boy Bag
For the Boy bag, it's pretty much the same game as the 2.55. The prices will be increased by Chanel up to three times a year. This means that it's better to invest now than tomorrow. When you resell your (used) Chanel Boy bag, you will likely earn 82% of your original purchase amount. Ofcourse this amount can go up when you're selling a limited edition.
4. Louis Vuitton Neverfull Bag
It might suprise but the Louis Vuitton Neverfull is number 4 in our list. 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.
5. Hermès Kelly Bag
While the Kelly won't earn you money as easily as the Birkin would, it's still one of the bags with the best resale value. The prices of Kelly's increase each year with 3.7% up to as much as 11%, depending on material and size. You'll will likely receive a 78% of your initial investment when selling your Kelly!
Planning to resell your pre-owned-with-love designer bag? Make sure you sell it on Designer-Vintage.com, the only platform that doesn't charge any commission!